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Wiseowlspeak says:

"Mr Thornagasson"😂

ThorNAGson. A fitting name as he does nag a lot.

25% drop on his RKH in the last 5 days.

Back to Matad talks, still no export signature, how long are you guys prepared to wait before expressing dissatisfaction? Another 5 years?

No body is talking about the wider market, namely the tariff war.

More drops for small players like Matad.

Especially when they have nothing to show for.

Still no export signature.

Imho

"if a deal was done"

That translates to no deal otherwise he would have said "when" the deal is done

Imho

This could potentially end up in a similar situation like Frontera Resources

I have always raised my concerns about the MATD subsidiary that has been set-up

If you don't know what I meant the do a bit of research

All in my opinion and DYOR

There is no plan B

There has only ever been one plan

To fund raise and keep the cycle going

And mug investors like the rampers allow it

They don't question the BODs for their failures

Anyone new here just need to know the below

10 years plus operating in Mongolia. £174 millions raised. Not a penny revenue.

All in my opinion and DYOR

UNBUCK your lives people

If it's that difficult operating in Mongolia

Save yourself a few BUCKS

The incompetent BOD will never profit

I suspect the problem is with the BODs rather than the MG

All in my opinion and DYOR

Thanks for the link Adam

A quick summary:

"Oracle stated in its H1 2024 report that "the strategic value of our Thar Block VI project grew significantly due to Pakistan's focus on utilising local coal to address energy challenges. This shift in policy supports our ongoing discussions with potential investors to advance the 1.32 GW coal-to-power plant under the Offtake MOU with the Government of Sindh, K-Electric, and PowerChina International."

DYOR

For anyone that want to catch glimpses of the Pakistan Mineral Investment Conference today:

https://www.youtube.com/live/0F8zbVL5qkQ?si=bv4KBsh-8YRcYWbR

DYOR

Pakistan to become worlds largest 20 economy by 2030:

https://youtu.be/F9tI_1NsSZA?si=iNZty_vWpD1htgFt

DYOR

Yup, and the article is dated today.

An Interesting Read:

Pakistan Showcases 600,000 sq-km Mineral Wealth at Landmark Investment Forum

https://www.energyupdate.com.pk/2025/04/08/pakistan-showcases-600000-sq-km-mineral-wealth-at-landmark-investment-forum/

Results from 36 holes are yet to come for the Northern Zone project. Edward Mead, director of Riversgold has bought shares equivalent to $110K recently. A vote of confidence?

https://x.com/DavidLenigas/status/1909189086994112784

Perhaps it's because people are seeing the value here especially with Ed's £110K buy?

"Come on Mr Buck... release that RNS!"

Yeaaaah, release that placing RNS Buck.

Things seem to be progressing with Thar as well:

Railway line for Thar coal to Port Qasim on track for completion by December 2025

https://profit.pakistantoday.com.pk/2025/02/27/railway-line-for-thar-coal-to-port-qasim-on-track-for-completion-by-december-2025/

DYOR

Yes, but don't forget GGP did rise from 2p to 40p on news. GGP today is still over 5x it's SP before the gold finds.

DYOR

ORCP is breaking out. Another 35% up as I write. Still very cheap.

MATD? Still no export signature? 😴

ORCP is breaking out. Another 35% up as I write. Still very cheap.

MATD? Still no export signature? 😴

I have always been suspicious about the company not able to communicate with shareholders but indirectly authorise Looed to provide reassurance of the situation with everything going well until it's not.

Apologies to Looed if this comes across rude. My personal feeling is that Looed seems like a genuine character, but one side of me thinks what if the company's intention were to provide false hope to shareholders to stall them from taking any further actions.

If shareholders had any chance of getting anything back, it's all too late now.

Perhaps Looed were manipulated too, or he is simply a messenger cascading information. Identify will forever hidden.

One thing for sure, he is knowledgeable and not an ordinary investor. I always felt that he would be someone that works in a law firm, with the assumption that an ordinary person wouldn't know that much depth about bureaucracy and court processes.

Definitely not long now until the end.

"Major Cash into MATD Monday (Onwards)!"

Yup, the rampers (criminals and they call it) attempted to mislead new investors into buying.

This isn't the first time they created fictional scenarios under new thread titles.

DYOR