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Tell me MP...what has the 'revered' Mike Buck achieved in his reign to date?...a couple of SP decimating CR's....missed visas for workers...a couple more dusters....failure to nail a significant drill contract over the winter/s for fully funded drills this year...created an uneasy degree uncertainty NOW when so should be rallying...... Reality is, he has actually achieved NoTHING to date ...yet still 'walks on water' here...Mr Market Cap seems to be more aware of 'something' that posters here aren't imo
Re: "...is significantly Undervalued with half of MCap just being cash balance.....crazy...." ...or are they MP?....this Co has a history of 'some' knowing what's going on while 'others' keep buying on the SP slide thinking it's going to 'bottom' sooner or later and make a fortune...history also shows this hasn't happened unless you sold at @ 2.00p many years ago now...being so close to an apparent spud, this SP behaviour stinks imo
@ Captain S....."...A delay wouldn't be great but several months or a week wouldn't bother me unduly..."...was that a 'typo' Captain?...do you really mean 'several months' delay wouldn't bother you unduly????
Spot on Bishand....history reflect a lot of financial pain for anyone trying to make a buck here....too many stuff ups, false starts, dusters and people in the know has littered this Cos history...just as the rampers now....
...or maybe 'someone' has forgot to apply for visas ( again!!!) again...a dozen or so dusters could even indicate a very comfortable 'lifestyle' Co, for many years, for any yak on a western salaries.....history of Co is a series of unbelievable blunders and non-events...this drop smells of yak poop imo
Pump and Dump comes to mind...where were you when SP went from 38p to sub 10p 'before' an RNS telling us they won't drill a couple years ago....this Co has a history of trading strategies before an RNS ....and it makes investors nervous...
....maybe two days of 'red' indicates the yaks know something we don't and there's some unloading going on Kiwi ....pump and dump ?...this Co has a history of 'yaks in the know trading-out' ...it wasn't so long ago a Director 'unloaded' at 12p very soon before a CR last year...unusual behaviour ATM imo...nothing will surprise me with Matad anymore and has made investors get 'jumpy' given Co's history imo and can cause volatile trading behaviour these days....but 'drop' stretches into tomorrow it will be a concern...if it isn't already
@mr P re: "...Just frustrated with one of the best prospects we have having been left so late in the drill season...." Agree....and all because some pillock in HQ forgot to organise visas...disgraceful...l posted back then this may well be this scenario running into winter and here we are...not good....and the planned four holes???...they just don't know imo
@victor....re; "...If that’s the case why would the CEO say the rigs aren’t winterized and the drilling season in Mongolia is from November to April ?..."....your post suggests the rigs are winterize...Nov to April is when he'll freezes over in Mongolia pillock....
Too bad MB didn't 'get going' with visas at the start of this year...this 'oversight' (and not the first time) has now turned this drilling program into a monumental stuff up imo. There is no way they can get this to TD before 'hell freezes over'....another disgraceful performance...after 'cancelling' 2017 program....tell us about 4 drills this year just so they could 'burn' investors with another raising....and then only get one drill in??? effing disgrace....even a good 'lifestyle' Co could do better than that....his are they going to stuff up 2019 l wonder...but hey...they will have 6 months to plan it ...horrible but of yaks...shame on you Mickey Buckley's....
Begs the question Johnny........Matad has had over 12 months to organise this drilling campaign...after aborted uncertified rig debacle...yet only have one rig to drill two holes...stuff up visa applications...drilling so late and with an unwinterized rig....joke...they were never going to drill 4 holes...now punters not even sure if two....obviously milking the yaks teat for as long as possible imo....no drill and/or no oil but still get paid....lifestyle Co's are so obvious....shame on you BoDs l say....a sucker born every day feeds these sorts of Co's...and they 'double dil' knowing when to sell long before rrns's for a few extra quid on the way out...