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Any selling is just gobbled up very quickly. Showing lots of strength now that the brakes are off and driven by a fundamental catalyst rather than just p&d or rumours. It's now right in the middle of the gap to 3.2p. Will it get there in this last hour or so of trading. Either way, it's been a great week and bodes well for the run up to news on 31st. GLA

MR said that binding funding deals would only arrive after DFS is complete in Q1 of 2025. Until then, Bres was going to be reliant on the AI and SI, but that seems to have hit some kind of stumbling block, failing any update from Bres to the contrary. So either that funding is secured (and does involve dilution), or Bres will need to raise cash through some other means, because after the DFC money runs out, it will be down to Bres to fund the rest. Would the DFC step in and finance the rest - probably only around £3 million?

Well, this looks good to fill the gap today. The last hour is usually the strongest. But regardless of what happens, we should see steady increases into the RNS on 31 July . GLA

Great post and you really can't argue with those numbers. The NICE recommendation will be a huge milestone and inflection point. When measured against the mcap, those revenue numbers show that the upside here from these lowly levels is irresistible. Just how high will this go is the unknown question.

A really exciting couple of weeks coming up here for sure.

Will be excellent to get a nice consolidation around 2.5p, before the next push up, whether that happens this afternoon or next week. A consolidation provides a good opportunity to add.

MM will take the lot at 2.55. No thanks, in for the bigger gains. Even if we simply close at these levels, that bodes well for the next two weeks and beyond.

Going crazy now. 2.7p

Gone into auction!

I know rumours are just that, but it does look like people are buying in clear expectation that NICE recommendation could land anytime.

https://x.com/aim_gravy/status/1811717254779895841

We are trading in the gap, and if we break past 2.6p, then the only logical next stop is 3.2p. Only a matter of time...

2.6 on the Ask already. We are not even into the pm yet. At this rate, it looks like we might be heading for 3.2p today!

It's such a large base that we are breaking out from as well, and driven by a fundamental catalyst coming up. I've added again as I think there is much more to come here. If we close the 2.5p today as it looks very much like will happen today, then 3.2p gap fill is the next stop. All imo and GLA

Is breaking out. Should be a decent move into NICE news on 31 July.

The pattern is about as bullish as you could get. Breaking out from a much larger base and with two strong hammer candles as well. If we continue to rise slowly into the pm, then a late pm rally should have us close at 2.5p, as folk finally realise that this is indeed the last opportunity to get in sub 2.5p.

And if we do close above 2.5p, then we can begin to think of closing the gap to 3.2p in the run up to NICE news. And if the NICE news is indeed that final recommendation, then obviously there's potentially even more upside to come. So a really compelling proposition at these levels. All imo and GLA

They should at least know by now, whether and when DQE are able to mobilise. As long as we get a date, even if its late July or early August, that is fine. But if they don't make an announcement next week, then given what they have previously said about DQE only being available in early Q3, you then start to think its going to be delayed.

But MB did say at the presentation that there's been enough delays already, and as of the date of the presentation, they still believed it will happen in July, because that's what they said on the slides and in the Q&A. But could be typical AIM CEO overpromising...

Bid and Ask gone up again. I think today could well be the last chance to get in at these prices, as you would expect this to continue rising into the expected news in a couple of weeks time. On for a strong afternoon push and close today. GLA

I can't see any significant fall in the share price if they confirm DQE have mobilised to Heron this month. It should, hopefully, signal the beginning of a trend and re-rate. But RNS needs to land next week.

Nice little bull flag forming. Might even hit 2.5p today if Friday FOMO develops. GLA

I just listened to the presentation again. First thing to say, it was an excellent and exciting presentation. MATD will easily multibag (and them some) from these levels, simply based on its Heron plans, with bonuses coming from drilling the other well and the renewable projects. I think the main uncertainty is getting a deal agreed with PC, but MB explained this is why production is targeted for the end of Q3, so that a deal can be agreed with PC in the interim and this would be his priority on his return to Mongolia. But with well over £10 million in the bank, and the programme they outlined for 2024/2025, this does look like a compelling proposition at this price.

Just listened to it. The slides stated July and the Technical Manager said "hopefully in July". Then during the Q&A, he was more specific and said "mid July". I thought it was an excellent presentation and the company has lots of activity coming up in 2024/2025, and should multibag simply on the Heron wells, with bonuses to come from Gobi drilling and the renewable side. The main uncertainty for me was agreeing a deal with PetroChina, but MB explained that's why production is not targeted until late Q3, so they can convert the MOU into a binding deal in the meantime.

I don't often go for oilers, but I do really like the planned activities here and they will have well over £10 million in the bank. Main issue is slippage to timetable and maybe some jurisdictional risks with getting the Governor to play ball.

Not sure I will sell shares listening to that.