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Good post Bishand, the ramping is frenetic the last 2 Days.
And as much as we would all like the SP to be back at the 5p level. it quite simply is going to stuck between 2p and 2.5p until March time unfortunately.
The company still has potential though and 2019 could be the year for PM with 4 drills still left fully funded.
Here's hoping as I'm under water non this one but I'm sticking it out now.
Bishand I thought you only invested in FTSE 100 companies and MATD was your only AIM punt, therefore what are you doing on the OMI board? Presume you’re not invested? Are you missing MR P? Do you need to stalk him on another board? Funny man / woman you are LOL
Simonm - great post! What will be will be! The weather certainly will not delay drilling to TD. I’m confident of a good result with WH but that’s just purely optimism and several IPA’s.
As usual best of luck to all holders, I truly hope we strike it this time
Why is this board so concerned on 1 thrupenny bit trader, come on guys eyes on the prize! Stop massaging his ego. 4 weeks time we will hopefully know the outcome of this very long awaited drill.
Still surprised we are where we are but I guess that’s where the market currently sees us, one sniff of oil and all that changes.Good luck and have a good day all
Spainish, I agree it’s very depressing at the moment such is the confidence the market has in MATD, but we must believe the well will spud late October and let’s hope that some confidence floods back in for the company.
Good luck
Oiler 67 / fund don't you think Mr Buck has considered the average November temperatures in Mongolia and the drill rig capabilities before pushing the button on a $4M drill? With respect I think he knows a little more than you do.
Nice try though..
Fund your constant harping on about the weather every 10 mins is getting very tedious, 2 days ago you stated you weren't going to post again for a while - what happened? Why don't you post something informative for once instead of posting endless drivel about the fookin weather. You must be very desperate.
For what it’s worth I have just spoken to FTI who confirmed the rig is on its way to WH, they couldn’t give a spud date as this info needs to be RNS’d, your choice whether to believe or not to believe.
My opinion is WH WILL spud and just hope the weather holds out to reach TD.
Fund I appreciate your concerns given past performance but I’m sticking with spud RNS in next 2 weeks and wouldn’t want to miss the gap up. Good luck all and have a nice weekend.
I have also emailed the company this afternoon highlighting my frustrations at the lack of comms with investors and demanding a confirmation that all is on track for drilling WH in October! I also highlighted the concerns of all investors at the missed targets this year so far.
I will let you know if they are decent enough to reply with an honest answer.
Del Boy what planet are you on? W.H. drill clearly states 25 days including taking in to account additional depth so mob and spud by mid October latest sees the drilling completed by mid November latest, drilling season in Mongolia ends end November. What a plonker! Bonjour