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MATD will have oil for a significant amount of time and will continue oil production in the long term. There's no doubt about that. There will be delays and challenges ahead and I am sure the BOD are aware of the hurdles ahead. This may take weeks or even months but all LTH holders will be rewarded for their patience and trust.
Who really knows why this delay and what are the reasons . Am just waiting for the answers like many here.
ATB
This shouldn't be looking just good by now.
It should be looking a bargain considering how long the saga has been going on.
I agree with ibiza I don't think all the blame should be printed to MB and the BOD .
Making business decisions and deals in foreign lands which are lacking infrastructure and western ideology can be tricky and unpredictable.
This will come good but we will have to be patient and will take a considerable time and effort
Some of the bold claims made on this BB are nothing short of fantasy. Nobody knows for sure where this is heading. If we had even a slight positive change in the company's future direction we would all throw everything in including the kitchen sink.lets ot get carried away.
Now back to reality.
GLA
No amount of ramping deramping, name calling or anything else will have an effect on the SP here.
The real push will depend on the announcements expected on the company's performance and wether the oil is going to be pumped out or is it going to stay underground
This company's future now hinges on the next RNS declaration and it should be interesting
GLA
I am sure it will land and it will be good news. What I am not certain of is HOW SOON. We could be looking at a couple of months if not longer. Lets hope I am wrong and that there is plenty of light at the end of this tunnel and that MB and the BOD are taking on board the opinions of the shareholders in one way or the other. There has been too much talk now of this landing on very soon day after day.
I tend to agree WOS but the wait for some sort of positive news and announcement has left a few thinking this is not managed efficiently. There is no doubt though that this will go beyond 7 which was the highest its reached this year.
I am relaxed and like you I have topped whenever there is an opportunity but I expect an announcement in the very near future.
GLA
Some folk here seem to get bitter and show frustration at their own mistakes when getting on or out of this ride,
This is not a top 100 blue chip company and if you have decided to stay on and reap the benefits (otherwise you wouldn't be invested here) be prepared to accept the risks as well. Getting hysterical and just about blaming everything on the company isn't going to achieve anything.
GLA
I agree Doc83 this is getting a bit frustrating but in this case we have to give him the doubt as I think an announcement will be imminent in the very near future. If nothing flashes up by mid or end September I would be very surprised.
Lets see.
I agree Doc83 this is getting a bit frustrating but in this case we have to give him the doubt as I think an announcement will be imminent in the very near future. If nothing flashes up by mid or end September I would be very surprised.
Lets see.
This is a fantastic opportunity to bag some more IMHO. The odds are that just like it shot up the last time,the same will happen again. Ignore the temporary doubters and get on the ride. This is indeed one of the better ROI than some on the AIM. GLA
DYOR
This constant bickering and drivel isn't going to affect anything but your frustration and energy.
Calm down and stay on this ride if you genuinely believe this will head north sooner or later or quit and get a good night's sleep knowing full well you don't need to wake up if there is a RNS before trading starts
This game is not over by any means.
The registration documentation and the local issues will be resolved and production will begin.
In most third world countries delays on even very minor issues is the norm. We need to be patient and our perseverance will bear fruit.
MB has been a bit slack but we need him to drive this through. Good luck all LTH and just hold tight.
W