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MB will miss the boat as it usually takes him months & years to sort something out.

Indeed, PIs being held hostage.

When the sentiment changes, it can happen quite fast.

Aim is a RIGGED casino.

Rigged game.

Yes, the MMs are making a few quid both ways by keeping a large spread, at the cost of potential buyers and causing low volume of trades.

Ultimately, hindering the natural SP movements.

No way that's fair but I'm more surprised they can get away with it.

Is that you PH, aka AJames

We need 100% + to get back to the recent 0.07 highs

Pump the SP or Naheed or both?

The Frontier website is still there though just the home page.

Just a thought, if they sort out the legal mess, perhaps it would be better for them to relist on the Nasdaq.

DazzerG, well said, something is definitely off for those who had paid attention, especially during COVID, MB claimed the delay was due to the boarder closure but strangely enough non of the issues affecting other oilers operating in Mongolia.

The same can be said with the permit and other legal documentations, Petro China and other oilers too had no issues with the Mongolian government.

I would also like to bring up the environmental protest that MATD had claimed for making H1 into a production field, none of this was on the news and for those that know Mongolia, people don't really have much say because it's similar to an Authoritarian state.

I dare say that MB is not being honest. On many occasions and on many counts he had made up excuses to justify the delays.

The blame always shifts to the Mongolian government, or PetroChina, or the crew has forgotten their visa paperwork but its never MATD that's the problem.

If you're a CEO leading a company with millions at stake, would you not get your team to check all paperwork are in place. Well, I'm surprised they haven't forgotten about funding when each time the kitty box is empty.

MB needs to step down.

How can anyone here say to themselves "look at that CEO, his doing a grand job, I'm gonna invest here" without doubting further delays and or the CEOs credibility from his past conflicting statements.

Don't get me wrong, MATD looks to have good assets, but poor leadership holding back the potential.

MB needs to go.

Similar to the DGI boards, people ignored the red flags and look where they are now.

I'm not here to tell people to buy or sell. Notice I don't put an opinion with "strong buy" or "strong sell" in my posts.

I just state facts. People read them and make up their own minds.

People like unwise owl couldn't handle facts being posted and having a fit. They are very dangerous posters encouraging buy disregarding any sorts of risks.

Please DYOR

Everything I stated are FACTS.

Anyone who does their due diligence of research will know those are the truth.

Long term holders here will also know those are the truth.

I can say what people would like to hear, like this will go to £5 tomorrow, but that isn't very realistic is it.

I prefer to stick to facts and the company history.

10 years of discussion with Petro China. No outcome.

5 years on a Land Permit.

Newcomers beware.

MB, the CEO has a half-hearted reputation when it comes to shareholders interest.

Just remember, Heron1 should have been producing 5 years ago.

It's hasn't for various reasons because our CEO MB did not place shareholders interest first. Instead, he raised and wasted millions and went to chase other wild cat dusters.

What a decision when not so long during that time bit was the shareholders who helped the company getting over bankruptcy during the COVID period.

Once money got to the CEOs hands, he blew them like it was a night out at the casino, that ungrateful b....ard.

If wasn't for the PIs, MATD would have been lights out. How did the geezer return the favour? He unethically raised again and wasted the money.

What happened to all the promise and plans about going from exploration to production, and then using the revenue to explore more wells...it was all a lie.

The 5 years of idling waiting for the Land Permit was just a strategic move to delay the progress in my honesty opinion, which would give him all the time on the world to raise funds in order to keep up with his lifestyle.

I have lost all trust in this man. First joined for a quick trade, then forced to become a LTH during the Bergen death spiral deal. Average down a couple of times, but with each time the SP found a new low.

Reading between the lines, MB is already finding the next excuse for the Export Licence, and don't forget the Petrol China discussion, they have been in discussion for 10 years. What are they discussing and why they haven't struck a deal.

Sorry to say but this looks more and more like a sc...m as days gone by.

Invest at your own risk.

"I am desperate to know what is going on here"

Hmm...have you done your research?

For one, it's in Georgia, with ongoing political tensions and foreign conflicts meddling with businesses.

The other issue is PH, our CEO, you must have read comments on this board already, that he aligns his own interest over the company and the shareholders. There's been a history of promising and never delivering.

The third issue is the geographic locations of the assets. No one in history have cracked the complex structure underground. There might be a billion worth of gas, but it's no good if you need 10 billion to get it out, or perhaps it's technically not possible.

The SP is at where it is today and above is few of the reasons. I am not de-ramping, just stating facts. In fact, there's no reason for anyone to de-ramp when the SP is so low.

There are tons of investment choices out there.

GL to the long term holders whose been misled by AJames...his no where to be seen anymore.

It's 2025, should have listened to Mike in 2019.

"Happy" New Year?

How do these share gurus, or whatever they are called, pluck random price targets out of their...

Just not long ago it was valued over a quid or thereabouts without any activities. We now have strong gas shows in Amsden and Commercial find at Rudyard and the price target drops to 35p...

Just couldn't make it up

The post sounded rather gloom like the UK weather as we speak.

I do like this part:

For us investors , we get paid either way if we produce energy or not at least under existing contracts, so a lucrative market.

Ouch...

Another aim company...

Shareholders here will be making payment in advance for MBs Christmas 2025 lobsters

GEX hasn't even got their permit yet for their on and only drilling programme and they're valued at 8p.

And they don't have cash, or JV, or any facilities.