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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We never started drilling until July last year, I think we are better prepared this year, patients is key with this one, MATD will come good, big payday for all that hold their nerve, below 5p and I’m topping up.