RE: Petro Matad Position for 'Explosive Growth' Period!20 Apr 2025 02:59
You just got to larrrf at the narrative of a special dividend when the company is literally broke.
If anything, it only highlights the company's desperation and their further lies.
If they were actually going to pay a special dividend, then why not do it HERE and NOW, what's the hold up.
Obviously, any sensible person will know this is a work of fiction, but even as a fake narrative they could have included additional information like how much per share are they paying, and when when is the receive date, but nope, they don't want to be TOO SPECIFIC because if was never going to happen.
Shareholders are fed up of being fed lies and treated like mugs. If the comment of a special dividend did come from MB then he should be held legally liable when they cannot pay it.
Gone are the days of dry talking, we need results.
Nobody should believe in any of the BS narrative from the company anymore. Just like they have told shareholders on all the other things including "exclusivity and great government support" or "JV talks in advance stages," shareholders have heard enough of the lies.
If operating in Mongolia for 10 years + and £174million of funding couldn't get the company on track to generating a revenue stream, then they should just pack their bags and go home in my honest opinion.
How shameless can MB be to be feeding the market with false narratives still. Why would anybody believe a word from him when none of what he said has ever been delivered.
A company that is built on deceit and have poor connections with their investors when they are still relying on the market for funding is never a good thing.
All in my opinion and DYOR