Member Info for master82

Edision report value was 20p in 2020. Without the EL licence. So even 15p is good for enough

The way I see this is yesterday plenty of sold shares in Market makers hand. They have to make a profit so they will drive this up to make some serious money.

The price will start rising in the next 3 to 4 weeks in anticipation of the EL licence. Price not moving due to delays in EL. Now hopefully there's no more bad news to wake up to. It went to just over 5.5p when they announced oil found at heron.
So expect SP to go somewhere around there in may/june

At least we know that PM are going to get the license and PM will continue to become a producer. So we will just have to wait until then.
Another year and this will be different company hopefully

Finally some great news. At least we know what the action plan is

Just bought £10k ish. Good time to avarage down. This will continue upwards till May. Hopefully EL should arrive .

This will be interesting few months. Make or bust

Drop is due to no progress and no clear direction on funding

Has anyone had any experience of other companies in another country that has obtain EL license.
What is the time scale in other countries for an EL

By the way I have emailed them to see what their action plan is for the year 2021 and guess what no reply.

We have to hang on here because we are in deep water here. Invested big money otherwise would be gone.

I don't have a choice but to pray this turns around.

Ojay.
Please tell me what you think they are doing. Two years the company has stalled.

As investors we have the right to Know what they are doing.

The only thing that is happening is we are sleeping until we get the EL. Come on there is nothing else going on otherwise we would be told.

We have no El
No JV partners
No money left
No action plan incase the EL is further delayed.

Its like blind leading the blind.

Nothing is going on Ojay otherwise we would be told. Either via an interview or RNS..

Best job in the world for our directors get paid for doing very little for two years..

Best job in the world.

Lets all pray they wake up and realise they will not be getting paid next year as there won't be PM on the scene if they don't get their act together and do something constructive to get this sinking ship afloat.

I think this will start going up above 4p middle of April and if no EL license by middle of may then it will be down below 2p

These meetings take place regularly. I would not take too much notice.

We need our directors to put pressure on the governing body to get things done.

2 years to arrange paperwork is a p... Take

If we don't get any news in the next 5/6 weeks this will be just going down hill.

Mike needs to get to Mongolia and stand outside the MRPRAM office until EL is in his hand..

It doesn't take the whole team to wait 18 months for an EL license. The licence which is not in PMs hand.. Surely they could have got on with other work. Like raising money and exploring.
Its like paying 1 years wages to the whole team for a months work.

For months we have been told we are in final stages.

Surely it would be wise to start raising funds and at least do some exploration in other blocks.
Can't take this pause where nothing is really happening.
I don't see why the full team is getting paid for doing jack.

Lets see what 2022 brings

Why is this going up. Is it a trap

7 months left till next winter shutdown...
Can we really see this company turn around and do something this year.

Looking at the way it's going i don't think anything will happen.

Too much to organise in very little time.

Manro if you can point us out any positive in the last few years besides heron. Which is still not 100% guarantee.
Then please point it out and enlighten us.