Member Info for SirBob

So we are currently in the pre- drill rise phase of this share, with a few drops of possible pending LP coming in……pre drill I think should take us to 7-10p…..
But then decisions for holders start….if LP lands before drill happy days.
If Drill goes ahead and then dusts this will fall heavily, and we’ll once again be waiting for LP.
If LP and strike - we’ll all be loaded……. But decisions about entries in and out or top skimming are going to be tough calls based on all different variables…
Let’s just hope LP lands sooner rather than later as few clues in Mikes RNS as to timescales in this Mongolian government .

What I really don’t get with the Mongolian government is there constantly on about attracting foreign investment, yet they continue to delay a foreign companies progress, surely any company looking to invest would point to us and say ‘well you’ve not helped them, so why would I invest?!’…..frustrating

As I recall wasn’t the rise to 35p due to Matd partnering up with big player BG and all looked rosy……Until Shell bought BG and didn’t want to produce on so many fronts so pulled out of Mongolia and paid off Matd 5-10m as I recall.

BP - drills the one thing they have permission for and funds……only thing can let it down is drill provider…..so more likely than not I’d say, although could be delayed yet I agree…..let’s hope not

We’ll have news soon enough, looks increasingly likely drill will be in late May or June given we are biting at heels of April now.
If it’s like most Oilers this should see a rise to 6-9p…….maybe more.
So even though not holy grail LP, a rise is still on cards and fully funded.

Choices choices coming PM investors way……
Once we have drill date we should see a rise to 6-9p.
If LP, sky’s the limit, if no LP then drill is a duster back down it comes…..
Gain a belated LP back up it goes……
Drill a strike, mega money (although another long wait for exploitation licence?),
So they’s money here whatever I think, but the gambles when or if you get in or out at various points.
Personally,If no LP just before drill I’ll sell half and hopefully bank profit off pre drill rise. I’ll leave the rest in case we hit or if not for LP to arrive which it surely must at some point or who would invest in Mongolia !
In ideal world, LP soon before drill giving rise, then drill anticipation rise.
As for the three months ministry of mining conversation, I still think conversation never happened, just a MB plan to raise SP to raise money at a higher level - clever!

Filters your friend lol…..much better board with it on.
For rampers too…..you can surround yourself with people who pretty much constantly tell you everything’s gonna be ok! Lol

Lol……well yes, a none producing oiler being dragged down - even worse!.
But I have it from ‘reliable’ sources on this board who have more intel than Mike Buck that LP is imminent .
I’m with Doc, it will come, but could be days, months or years away, we simply just don’t know …..not even MB has cast a new time line on it

Oils down about $14 in last two weeks and new recent lows in last 24 hence MAtd being dragged down with overall oilers.
Although some news would help here too….

That the meetings for what we think it’s for…..indeed meeting outcome will be out before it’s officially released via word of mouth.
The rise it will being will be intriguing, a disappointing rise on finding oil, a short lived rise on exploitation licence, but is this not the final step and will finally see a sustained rise , helped along by drill anticipation!?!?.
20p would be a market cap of 250m…..certainly not impossible…..GLA…….
Badprophet even with my huge holding here I do find your posts funny as an antidote to the blatant rampers on here…..certainly a devils advocate question wise…lol…….although I would buy in now if you haven’t already lol

Master82 - thanks for your mature feedback and elaboration.
Let’s hope it all comes to fruition . GLa

I see as well as your ramping you’ve taken to name calling various members of the board also. I shall not stoop to your level.
Never said meeting wasn’t occuring, merely that agenda is vague and does not state anywhere a vote or discussion of land permit is occurring.
2,800,000 shares mainly at 3.1p and a few at 4.1p, so hardly a shorter, possibly the largest share holder on here.
But I believe in any potential investors being given the pluses (which there are many) as well as the minuses (which there are a few), so they can make an informed decision……

But the rumour they’re talking specifically about issuing Land permit is pure fantasy of the rampers on this board.
We can only hope they are…..we could do with an RNS really as we approach the second quarter even if no land permit updates , drill news should give this a push in the right direction.

You’d have 75% of Board filtered……all these experts who have more insider information than Mike Buck - even he hasn’t given a revised time line for Land permit , unlike so many on this board who inform us it’s imminent……
I’m confident it will come could be days could be months….that’s the reality.
A rise should come with drill anticipation though, usually does ….

Maybe iamrich the likes of us who consider all possibilities and risk reward is why I’ve nearly £100k in this that I can afford to lose and you haven’t!……
Rather than your ramp ramp ramp ……

Doc83, I agree. Nothing fundamentally has changed, but there is usually a rise up to a drill and as we approach the second quarter it’s probably due to start around now. I’d guess at 6-10p on anticipation of still
If we get LP and drill it could be very happy days 10-20? , however the tricky position to be in, is if LP is not here come drill results, as a 1/5 chance of success and a fall if negative and no LP, so decision time if this occurs .
So there will be a mix of decisions from those on board, some will hold till the end (that being LP and oil production ), some will exit on rise to drill and some will exit on LP……on a positive hopefully all should be in a good profit
As usual though LP is the crucial element, it will come I’m sure, just when?!?

Well yes, why do we need them when we have posters posting the same message of guaranteed multi bags 5-6 times a day to make themselves feel better!
Some of those posters even think the all time high was 37p…..not naming names lol……..roll on the new blood on the board!

Thanks for some realism…..I have owl on filter for a long time lol, so can’t see what he’s put.
Overall now the placings out the way you’d hope it would all be good going forward…….my only reservation is that Mongolian govt a law unto itself and secondly this is Aim and it’s never plain sailing…..
That said we have oil, we know the Mongolians want it at some point and a licence will come, but as Landicaams states, a realism needs to be put on potential market cap at this stage.
My expectations are similar and would be over the moon at 15-20p….as I’ve stated in previous posts…..we should see a good rise on drill expectation and the land permit would be icing on cake if it comes in prior to first drill.

Not sure where I ever said Matd will finish in a year Hamm, but I do believe the Mongolians are in no rush to issue a licence and the proofs in the delivery.
As for being a trader/deramper? Why would I when I hold £93k worth in £note value? Discussion boards are meant to hold both sides of the argument……unlike the blatant ramping that occurs on here.
Ultimately I hope your ramping comes true as I’ll pocket at least half a million come 15p ish! Lol

Doc 83. Range resources was headed by a guy called Peter Landau as I recall an Australian I think businessman, it was a huge private invested stock built on lies, continued placings and a lot of corrupt deals done by Landau…..similarities to UKOG and Angus with continued placings…..although more corrupt and that’s saying something when Angus in same sentence…..used to constantly have talks of £1 party on there board, which obviously never happened.
Big difference here is we have oil and I think Buck is ok, dealing with Mongolian govt can’t be easy and brilliant how he let slip, true or not, about licence allegedly coming so we could raise from a higher level here….
Bad Prophet is right in some of the risks he highlights just a bit to deramper like, so it’s ironic the blatant rampers are the ones who call him out!
Good luck all - definitely a chance with this one, we have oil.
As long as you’re aware of risks and potential on both sides and not forgetting the biggest risk being AIM companies frequently rip off the private investor.
But I hope Buck has more integrity than to do that .