Member Info for researchandhold

Hearder says All ...as WOS would say!

Yes Tenbagtag-

BP is an attention seeking narcissist who plays the victim to get attention and trolls this board with childish contriarisn comment all designed to provoke reaction . I remember my son being like that at age 2 !!!

RNS 20th June 2023 :-

".......Negotiations with DQE Drilling (DQE), the main provider of drilling services in Mongolia, have continued and a contract for a multi-well development drilling and completion programme is in the final stages of discussion. The contract envisages a reduction in drilling, testing, fracking and completion costs compared to the previous drilling campaign and includes some deferral of costs to allow a portion of the drilling expenditure to be settled from future production revenue. The contract once finalised will require MRPAM approval and discussions have now begun. The cost reductions and payment phasing could significantly improve project cash flows and overall asset value since the largest portion of the Heron development costs are drilling related. "

Always helps to re-read RNSs

Overner = another finger in the air SP predictor!!

So , does H2 ,H3 , H4 etc etc each need tanks to same extent or if only 600 m from each other like H2 is from H1 or can they run pipes to the first lot of tanks

Adw198

"*If* it costs $4.5m for each new well (and I’m happy to be corrected if that’s inaccurate) "!!

Just to correct you as you said - each new well costs between $1 mill and $1.5 mill each

Wou look d we be given a vote if there was some form of a proposal to form a tripartite ( PC & MG & PM) new National Oil Company with injection of capital by PC

Maverick7 - definitely one of the “ I want in for a quick cheap trade guys”

The derampers arriving always heralds a rise coming soon . Sit tight for October , buy more or hold for black gold !!!

Well, whilst some posters pontificate about why the SP is so low. I just dug down the back of sofa and got a few quid more at the crazy price of 2.4p

I see the attention seeking "Stain" has been at it again . Its like watching a child scribble on the wallpaper

and then runway giggling !! - Pathetic!

Y-alam :- the latest new arrival conspiracy theorist joining imaginary dots!

Matd have become the MGs main hope for feedstock supply to the new refinery and Mongolia really want a bit of national independence from nearby big brother !

More likely we become a NOC in a tripartate deal / JV

And there we have it in a nutshell investor33 :-

Long Term investor fatigue , played on by the MM's because there are many many many LTH's who like you

have been "..... just waiting to get out of Matd having been a long term holder since 2019. I hope that there is a takeover which allows us to exit with a double figure share price. Or a decent spike such as we used to have in 2023." Yet SP the stagnation sets in and LTH's loose patience and sell each day.

Could this be a large investor shorting it to get in low and then getting MMs filling bigish orders

Blatant manipulation on back of low volume !

Some of these Scarlet JPP types who have arrived in the boards in last week or so really are so transparent with their deramping - just because they want a lower entry point for themselves . Must try harder , it’s not happening !

It really is quite funny how recently we have had good news RNS's and more to come and yet "THE STAIN" is conspiciously absent from the board.

What a refreshing change for real investors to read a bulletin board without this narcassistis inane comments !

Well said Thornogson :- yes , I’d forgotten about the cabinet approval and reference to “….project of national significance!!”

Really good reminder

Good point Hamm !

Just goes to prove the fact that MMs on AIM are “weighing machines for sentiment” ( to paraphrase Warren ) and not reflections of value or fundamentals !

Certainly gives the lie to all the idiots who say “… well the market doesn’t think so as and the market is always right !”

Yes Doc, its near field - supported by seismic and I think it way better than 15% CoS more like 50/50 , just relies on a trap..

since we still have approx £6mill + its well worth it and anyway we will be a producer early Nov latest!

Just bought a couple of hundred quid more. At this price and knowing we're so close to becoming a producer, I can't see anything else making sense. The MM's are obviously accumulating for a big buyer