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WHAT IF there's an RNS on Monday confirming sales agreement done and dusted.

WHAT IF those sand screens are implemented and production shoots UP.

Ist prize.

A link to the AGM for those who havent read it properly Thor.

None of the BOD have an appetite for a raise with events unfolding in the very future. There is a considerable amount of cash from sales that will be generated beyond the 3 or 4 months some are talking about.

Projections are all here for everyone to see

Watch this space Abzzba. This is the year of Matad.

Abbzba sales agreement plus an increase in production to 500 bopd alone would take this ride to 7-8p,

This would be enough to get all those who bought it back exactly two years at the peak (may 2023) in the black. I think faith would be fully restored among those not convinced today.

This would be an achievement on its own.

Its barely been two weeks since the AGM. Give them time and space to get things moving. Events/Business in Mongolia do not progress as quickly as in the west. Something that I have said here time and time again.

It will come good and when it does all hell will break.

Folks you either want to stay here and go through the progress which I agree is a bit slow or jump this ride at a loss and dump your remaining cash on the likes of ORCP. CHOICE is yours.

I know what desperation does. Patience and sheer guts is required here.

If the BOD at PM concentrated just on Heron and bring the production up to 500 bopd that alone would get the sp to a decent 4.5-5p. The rest of the business would be a bonus.

This ride has been heading north since the 13th March. It seems that if this trend continues and there is no RNS or a major announcement this will smash the 2p barrier and possibly the 3p barrier. All hell will break loose and the MM's will try to take control if there is a RNS or a major announcement.

More good news coming folks.

Learn and watch.

Exactly proquo. This season is looking very promising and as this goes up and up steadily you will see the nayers disappear one by one.

Wos agree and you know the worst thing is they haven't succeded to get anyone to sell 🙄

Everyone knows this is the best scenario that matad finds itself in .

We've waited for so many months/years and IMHO a few more weeks/ months is really worth it.

Buck knows he has to deliver this time or he can say goodbye to his 100k

Good in here

Everyone flying off the handle and in peak form.

Just wait till this gets to 5p plus and than the big boys move in.

There's more.

I agree Abzzba but even a modest rise of 4-5p would see a lot of holders in favour and gleaming with confidence. You have to remember that it was only a year ago that many had doubts and some even chucked in the towel. So any decent rise be it a slow steady one is most welcome and overdue

@Abbzba.

Agreed 5-6 p by june

Investor there is no doubt that there are some who are easily taken in by the negs and cannot be realistic and stick to their decisions. But those invested in AIM should also be savvy enough to rely on their own judgments and stick to it.

Its not for the boys.

"The long term holders have all lost money here"

How can anyone be co certain of that . I am a LTH and I have brought my average down to 50% to what I originally bought it for. Every individual every situation and every circumstance is different.

If the BOD at PM concentrated just on Heron and bring the production up to 500 bopd that alone would get the sp to a decent 4.5-5p. The rest of the business would be a bonus.

@TBT

You won't be able to please everybody. It is what it is. Most of the nayers will say whatever they like as they are not invested here. There is some remarkable differences this year which many have noticed this year in the fortunes of this ride and it is true that the events coming into play this year should make strides north.

Well folks you have seen what is happening here and the rise has been steady and consistent and slow which many like. There are some who will always remain negative and there's not a lot you can do or say about that. But for the majority who are willing to dip their toe this is a good time as any and always best before.