Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If they make another discovery in the Raptor trend, 200 M barrels recoverable, a pipeline will be built. The revenue will be north of 15 Billion which should just cover it!
Glad to see all the long term holders still here in a transformative period for MATD. Don't fall for the MM games. They will "drop it like it's hot" and close in the green. Sneaky mofo's
Cheers Ost
I bet he is just moving it to Mongolia so he doesn't have to answer your questions Manro. ????
Man some people have tickets. Lol
Can't believe your still here after your last round of great predictions. How did they go for you? ??????????
Says it all really.
Badprofit not invested.
Hamm can't read or chooses to ignore fact.
80 percent of negatice posts are these clowns, generally messaging each other to tell each other how bad the situation is. Mean while.back on earth share.proce up 40% on the way to 20 to 50p amd beyond.
Well done boys picked up a bunch of cheap shares from the sheep and now ready for an exceptional year .
To everyone else MATD is going have a blinder next year. May be good news over Xmas period of
- Special purpose certificate
- production from Heron 1
-studding of Velocoraptor
- renewable JV
- DQE partnership
-hopefully securing block 11
Wishing everyone a Merry Christmas and a safe and happy festive season.
Cheers
Ost
Oh Hamm my dear boy. I didn't ask for your holding.
My holding is a lot more than that. Add another 5 zeros and your getting warm.
Have a great Christmas
Cheers
Ost
Haha the derampers are getting desperate now.
It's hilarious listening to everything they have been saying debunked and even then they come up with more rubbish. matd will be an incredible journey and all the pieces lined up.
Strong news flow coming though and some little gems from Mike to keep us on our toes. Renewable JV?
I'm very comfortable now knowing we are funded to production, a cheap free hit on one of the biggest onshore finds in history if it hits in Velocoraptor and new frontier areas ready to exploit with a datatoom the envy of the nation
Could you have delivered a better Xmas present, I think not. Totally loaded up on cheap shares and now all in, ready to watch the show.
Best
Ost
I just want to put it out to all holders that there are some people on this board that should not be trusted or taken seriously.
Lambo222 is now all of a sudden MATDs biggest fan when only days ago stated
"RE: Land Access Decision in Mongolian Parliament this Friday 2nd Dec*Tue 14:43
They were supposed to discuss it last week and didn’t, and in any case it’s only in its draft form, could take years of consultation before been approved, no doubt a placing is about to happen, 1p seems likely for a few million to keep the lights on"
Be careful, I hope we are not headed for a placement but when you see these large swings with all of these posters coming out of the woodwork it makes you wonder if there is something at play. Let's hope not but you can't be in both camps. There could be some shorting and manipulation going on also. Although I am very heavily invested in MATD I am still conscious of the AIM and the MM manipulation to suit an agenda. I would be extremely dissapointed if I was correct.
Cheers Ost
This is a cracking RNS.
Not only is Velocoraptor drill now on the books for March/April 2023 , but DQE partnership is locked in with deferred drill costs meaning no raise should be required. This is significant from a cashflow perspective.
All the gear in country, all set to exploit Heron
Dissapointed about the local issues but not unexpected.
Overall very happy with what has been achieved. The icing will be approval of special purpose licence which reading between the lines isn't far away.
Great RNS , well done Mike and Board
Merry Christmas Matadores
2023 is going to be an amazing year.
What a laugh.
Mike has not only delivered a multi million barrel discovery but negotiated through some very challenging financial issues and all whilst running a very tight ship, in a young democracy, through a global pandemic.
You guys are absolute fools if you think MB has done anything other than the VERY best for the shareholders. Just because the process is slow there is absolutely no point in blaming Mike for your personal need to make a quick profit. The reasons for the delays and the process being followed has been clearly RNS'd but you fail to accept this.
It's both childish and foolish to assume the board hasn't been pulling every lever available to get the access sorted. If the local are not going to play ball the ONLY option left is to get the government to fix the access issue by linking exploitation licence with special access zone so that these issues are gone for good. This process is being debated in parliment.
I don't know what you hope to achieve by constantly and childishly making up a story to fit your agenda but it's boring and tiring.
Let's just see what MB has to say this week and we look forward.to you selling out at 4p and moving off to another board.
To temper expectation I personally don't believe there will have been significant progress due to the slow wheel of government, however it would be nice to know how the process is moving through the parliment and an overall operational update (which may, or may not, be via RNS)
To Mike and board. The real holders appreciate your efforts and we trust you will deliver production as soon as you can
Cheers
Ost
Master82 thats a very interesting view you hold. Pretty sure you will find it was in an RNS and you didn't "discover it on Facebook"
Seriously you can't make this stuff up.
Lol
Ost
Just for the benefit of those new to the share, the company DOES NOT need to do any further placement prior to exploitation. They have millions in the bank and very low cash burn.
The next equity raise will be done at a much higher share price and not till well into the middle of next year and on much better terms.
Don't fall for the bs being spruked here by Hamm Manro and Lambo. They all can't read clearly
Hearing from contact in China their Province has just been totally released from all lockdowns. No testing, no lock down no borders. Everyone (testers / gaurds / police) just packed up and left overnight???
Perhaps the government in China has decided to release the restrictions and let it be what it will be. Could be very positive in terms of operational access.
Obviously not confirmed in western media but this is live on the ground report. Will see what rolls out from here.
Very interesting. Let's hope another step closer to exploitation.
Cheers
Ost
Beacuase you don't sue a country, you work with them to a achieve a mutually beneficial partnership. Protected by law.
Lambo are you serious? There is 5 people who don't want to extract the oil and thays hardly "huge"
Like any growing economy you are always going to have a vocal minority who try to drum up opposition to any form of development, normally funded by large not for profits with ulterior motives.
It's a sad fact of doing business in this "woke" world we live in.
The government wouldn't be spending 1 billion ++ to build a refinery for yak poo so, the reality is the country need MATD to be successful and producing oil asap to provide revenue, jobs, assist the local people and be a good corporate partner. It's quite clearly articulated in the Government's plan for the country and backed up by the money they are borrowing, to build an OIL REFINERY!
Keep trying though, it's entertaining whilst we wait for the license to be issued. Which will happen real soon and you and the lol brigade can crawl off to another board.
Best
Ost
Manro amd Hamm, you guys love a good pretend chat. Why don't you start your own thread called baseless speculation . It would be riveting reading ??
Manro, respectfully, if you dislike MB so much and have so little faith in the share amd managemt , its very surprising that you continue to stay invested or why you bother to put so much energy into throwing blows at MB when you have absolutely zero idea what is actually going on either behind the scenes or actually.
You can't have it both ways so are you invested or just deramping.
I think we know the answer but you tend not to talk n fact.
Here is your chance
Best
Southy
Lambo222 what are you talking about.
You have zero idea clearly as we don't need to "drill" any wells to put Heron on production. We can potentially still put the well on production this year but if not and the permits are issued we will be able to get going in late Feb early March not "six months" as you say.
The main issue is the government needs to sort the issue of access, they have indicated this is being done at a high level (confirmed by the UK ambassadors comments that they are aware of the situation)
Don't sell your shares to these sharks . They are simply trying to buy cheap shares when they know the upside is many thousand percent in days or weeks or a few months.
Nice try though, I'll keep buying , currently approaching MB's holding level and happy to keep buying as many as I can. With a view to 10p on access news and 50p on velocoraptor success.
Looking forward to watching the derampers crying with their 10 shares whilst we celebrate the billions of dollars of oil we have, being refined in Mongolia. A win win.
Cheers
Good to see the same old peanut gallery are still here.
Good time to repost my post from a few months back to break cycle of doomsday prepers.
I am.surpirsed you are not just posting to each other as most sensible people would see through your relentless negativity.
Here goes.......... take 2
Hi all,
I think everyone just needs to chill out. NOTHING has changed.
The board are not going to take a brief case of cash down to the tent and buy a one off license. Perhaps how this was done previously, perhaps not. The sensible and measured approach is to fix the issue at the government level so that future exploitation isn't held up unreasonably. I have seen nothing, nor heard anything from the company contrary to this.
MB made it abundantly clear that they wouldn't go in without land issues resolved, I don't know why there is this select groups of people than slander Mike and the board. It's pretty poor form and obviously designed to manipulate people into selling.
The frustrations and the process has been clearly defined and the outcome will be positive, but may take a longer time than you want. That's investing.
Comments about Mike and the board saying they are crooks and all the other comments are just from people that don't understand the process or are not happy with the timeline.
The 4 of you can get together and write a letter, I'm sure it will be great reading and you will all feel better about yourselves. Do you really honestly think the board will care, highly unlikey.
MB has clearly outlined the process and the reasons behind the situation and at face value this should be enough for all investors to have comfort in the very bright future of MATD
To clear up a few other misconceptions. Petro china can't get to our oil, so it's not going anywhere. There is still a billion dollar discovery sitting there , ready for us to access when the permits are issued. This is from one structure and not our company makers.
Secondly the board and the small team of staff are on very modest incomes from the company and have been extremely frugal with our money.
This is a patience game, if you don't have it you can sell your shares and move on. Bagging out the company achieves nothing when generally speaking most of the rubbish on hear has been debunked about 10 times in the last 12 months.
The access will be sorted. In reality, as weeks move by, the exploitation may not happen before the winter period this year. Its really not the end of the world, other than being frustrating in terms of timeline.
There is still 2 months in which the access could he sorted and the equipment and people required are mostly in country or at the border as at 3 weeks ago.
Everything will be worth the wait and it's exciting times to be a shareholder.
Looking forward to the next RNS or update to see what progress has been made
Hamm your questions have been answered about 50 times but you don't listen or read. It's boring, please just scroll down. The answers you seek are clearly provided
You will be found out soon enough but in the mean time me and other smart investors are accumulating a very nice position so thanks for your help.
Best wishes
Ost
Says it all really. Don't argue with idiots. Good luck.
Manro and Hamm, I know you think you are very important but seriously do you honestly believe that what you are doing will have any impact on the process in Mongolia?
"Any decent CEO would react to the rumours" ,really, any decent CEO , I.e. Mike Buck, is very aware of the situation as outlined by the embassy response and would be doing his job delivering the land permit. Which he will do as soon as possible. You need to remember this is frontier production in a politically young country.
Before you sit behind your keyboard and spill rubbish maybe just think outside the box and realise the world doesn't revolve around you and your narrow focus on a quick dollar. We are building a long term significant company in which the serious investors continue to support.
So although the timeline doesn't suit you , you are more or less irrelevant to the future of the company and we will be just fine without you. We have a billion dollars of oil plus plus and it will be exploited as soon as possible so as many here have said, please just have a cold beer , relax and trust that Mike amd the board are working hard to become Mongolia's future production partner. It's happening and it will be done so just have patience.
In the end it will be alright. If it's not alright it's not the end.
Cheers
Ost