Member Info for Ojay

selling today @ 3.07p?????? You've got to be out of your mind - or out of Xmas money. God help.

Jungmana: Couldn't agree more. Considering the overall situation I would expect a SP beyond 15p once production starts. As always there are a couple of hurdles which need to be taken until then - however, these appear to be minor from my POV.
ATB

Spainish (our Mongolian on site expert) said this:

"Rig in country. Could even tell you where it is. Not sure why people are questioning rigs in country. The actual rig was very successful for Max Group a few years ago, and has been used by Matad."

Hamm: You therefore may want to discuss your doubts and negative conclusions with Spainish.
ATB

At these SP levels there's not much you can do wrong.

We should be @3p, i.e. in the blue. WTF? I simply don't get these MMs. Totally out of reach and control.
As long as the long term development is right I won't complain. But what happened today is unacceptable.

Come next year this SP will be a lot "blue-er"; just you wait and see!

...and justifiable!

just another one of those FOM days. LTHs still need to be patient.

That would be nice Spainish - thx!

Agree - sounds reasonable. The rig news you refer to could trigger more interest in PM.

jackie1: Should you be referring to the sell willing investors and their holdings: According to my experience there is - unfortunately - plenty of "overhang" to keep the SP low. Without respective news the SP will hover around the current SP until we get to Spring/Summer next year.
I'd truly like to see a more positive development but simply can't see why it should happen.
ATB

Mr.B: If only i knew what that (presumably) negative post was all about. You've got to admit: It's not so easy to understand what the message is.

and I'm sure we've got our fair share of those (different) views over the last weeks, months, years.
The way I see it:
1. You can't chose the mgmt of the company you're invested in. You can complain, insult etc. - but ultimately selling off is the only choice you really have.
2. The AIM exchange is designed to attract short term investors. I have personally decided to invest long term in PM. PM has been good to me. In 2019 I sold half of my holdings; I was lucky enough to do this for 2-3 times my average share purchase price - so I am out in the clear (and then some).
3. I agree with Doc83 that once PM extracts the oil from Heron PM will generate revenues and PM's SP will definitely rise. Personally, I believe this will happen in 2022; there don't appear to be any substantial road blocks on the way.
4. Investors who don't have the patience to wait until then could possibly miss out - who knows?

As many posters have already mentioned: Patience is the name of the game when invested in PM. I'm glad to be a LTH.

I guess the header says it all. Mr. B and Coldjoe are right on target.

Just FYI: Manro has a second account with which he immediately recommends his wierd posts.
Basket case.

Looks like I was wrong with that - it's usually the way it works, oh well.
Based on todays's trading however, we should have seen a rise....hmmm interesting. If I were a MM I would say: Everything under control!

It's always the same old cr*p. The MMs let the buyers do their job and the next day they have the sellers do theirs. The pattern is transparent and boring. Let's see if this message has any impact. If everything goes its usual way we will see a red trading day tomorrow. Bummer.

Ramping on behalf of PFC on the PM BB is - at least from my POV - not a good idea.
ATB

Thx Jimi - that certainly clarifies your post of yesterday.

Personally, I don't believe the big wigs are twiddling their thumbs.
Just because there is no visible activity doesn't mean there is no activity!