I have been doing some digging and it looks as if this company's directors are also linked to EMS wiring systems https://emsgroup.biz/ Great website but by the look of the premises it looks a bit iffy,. https://www.google.com/maps/place/3026A+Ubi+Rd+3,+01,+Singaporeemail@example.com,103.8972081,3a,75y,347.92h,78.59t/data=!3m6!1e1!3m4!1s-QbVheAy2lxj217kFF9waw!2e0!7i16384!8i8192!4m5!3m4!1s0x31da17f6ac9dc2e5:0x7187a02a4e095e44!8m2!3d1.330995!4d103.8970815. Of course DYOR, it may just be that the directors have been in this industry for some time and the experience will show through. could also be that the young director is getting his feet wet SHAYNE, Tan Guan Han. Either way at these prices its worth a punt, nothing more well at least until we see some expansion news or agreements signed.
Its only my Opinion but I think the SP will drift over the next few days, then in the week leading to Friday 30th could see a big spike with investors getting in before news hits. could be wrong its only my opinion but this stock as always drifted between news. GLA.
Topping up opportunity, the board will be working flat out to resolve this issue, I think putting the drill on standby is a goodwill gesture to please the local government, The team could have carried on regardless, the Mongolian government want to be energy secure and will do anything to get this, IMO MB is playing this as straight as possible so when we hit the black stuff we have no hold ups, I also believe that someone across the board does not want us to Start to take oil from an already drilled source GLA
MATD is on the verge of something amazing IMO, expecting news next week, the way the SP has held up this week just goes to show that their are many investors waiting on the sidelines. I can see a jump to 10p on spud news and who knows what the SP could do in the event of a oil show.
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