Member Info for Jimithebrush

PS, who is paying the transport costs and wages for the drivers to take the fluids to PC facilities every day, hence for now no income from any fluid sales so yes effectively PM out of pocket they are not working for free. PM have a spoken agreement to move the fluids but that's all, no agreement signed and no official export licence. 🤔 GLA

40 wells in 16 working months so roughly 2 wells drilled from the start of 2025 drilling season April 2025 to November 2026 😂😂 I know they say dream big. So with all this big potential why is the SP languishing at just over a penny?

So, until the fluids sent to PC for storage have been sold on, effectively PM are out of pocket due to transport cost and the like, so from one storage unit to another no income and out of pocket. Great business sense or what? GLA

Umm, and oil explorer and producer with oil ain't worth much either, the worm has to turn soon. GLA

Doesn't the refinery have some clause were they can explore and extract oil, I'm sure I read it somewhere and on here someone posted about it I just can't be a r s e d looking for that info right now. Mr Buck needs to be forthright and tell us what's going on, yet again more cloak and dagger shenanigans. Don't forget 50 days remaining for MG to prioritise oil production. GLA

Just my suspicions nature but I wouldn't be at all surprised that the some of the money from the sale of the fluid sent to PCs block for storage might not hit Matads bank account as it will be used to pay for overheads and admin fees and the like, I know I would just so that the money already in the account could be used for other remedies. There's still 11 days of February left to run so let's see if we've been spun another yarn by our leader and what curve ball will be thrown out way next. GLA

"Remember a placing is short term pain for long term gain" "so from all the raises in the last ten years where's the long term gain's"?? And if there's a consolidation many invested may not recover from that. GLA

"Patience required, 2025 will be the year of MATAD" That old chestnut, And how many years have people been saying that? GLA

Just a reminder, "Past performance is not indicative of future results" is a warning that past performance doesn't guarantee future outcomes. This is because many factors can change over time, leading to different results. GLA

One way or another do you not think everyone here has an agenda? 🤔 GLA

If there is a TO, buy out then surely Bucky Boy would like his average SP before a sale so maybe pump up the price and viola but for me at the very least 3.5p. GLA

Https://www.mongolianminingjournal.com/a/73969

The next RNS. Will it be good news and in Matad fashion the bad news tucked in at the end. Operational update and placing thrown in. The bid moves up 5 points and people claiming boom time, come on seriously 🤔

Well it's been rather pleasant shooting the s h 1 t with you all this morning off now to do some work on my motorcycle now ready for spring. GLA

I really hope you are right Thornogson. GLA

Let's also hope that that toothache doesn't turn into an abscess, now that would be nasty. GLA

Held this baby long enough and so the time will come when I can throw it out with the bath water or lose the lot, only myself to blame. GLA

It's ok tho because the SP is not on a downward spiral 2016=38p 2025=1.15p and 65 days remaining to get rid of that toothache. GLA

The next RNS is what will prove who is right or wrong but like I say it has to be a really good positive one otherwise in the words of Private James Frazer "we're all doomed" GLA

Yes overall there has been a few spikes but in the last ten long painful years the SP has spiralled down to the lowest it's ever been and no amount of glossing over it will hide or change that fact. Gets to 3.5p and it's adiós amigos. GLA