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No more tit for tat. Lets all just draw a line in the sand and from now move forward on the facts given.
We have oil, we have licence to extract the found oil, winter is almost over, talks over farming partner are underway plus possible future joint exploration wells, oil price is high, we have cash in the bank for wells 2/3 and we still have other large prospects to explore.
Its time to take your position and wait for the news to come out. Mike Buck has never been one to flood news constantly, only when there is something factual to give.
Oh and Matd is sensibly exploring the ideas of wind and solar in mongolia.
Its all looking quite positive. The price is the price, some are in it for short term gains and others in for the long term. I think some people forget that when reading others posts.
One thing for sure is this price will be moving during 2022/23
GLA
Pay day for me so ill be topping up this afternoon as i suspect a drop.. im extremely happy to be buying sub 4p at beginning of march
GG it goes down on any news.. but FA is right the positive bit is very good news especially as they appoached matd!
9.30% spread !
Im seizing the moment and topping up.. GLA
MB told his pals something we dont know?
Hamm, why do you post on this BB?!
Hamm, why do you post on this BB?!
I'm sure any news would be well received at this moment in time. MB must be in discussions with farm in partners at least at this point. Fingers crossed all that we aren't at this price all winter or lower. GLA
PM has no debt now, money in the bank, discovered oil, Exploration licence, Other drilling prospects and huge acreage. The company is in good shape to negotiate a joint venture. Imagine being in debt with no funds, likely get very un favourable terms (if any) when trying to negotiate.
There will be news soon imho buy, hold or top up is my thoughts..
Keep dropping until Friday, my fingers are crossed. Reading between the lines, it's all bubbling beneath the surface. News will drop soon of joint venture or plan of action. We'll be rewarded don't panic. Why would MB and major shareholders place own money. They know what they're doing
Top Up Time
This'll come good people
1year from now the price will be a much truer reflection of the companies worth. Obviously if a farm in partnership or joint venture had been announced alongside the last RNS the price would be much higher. All this price represents is investors moving their cash to grow elsewhere until farm in news hits.. Not worried in the slightest, we have oil and 25yrs to get it out of the ground, aswell as huge prospects in other acreage. Top up if you can with this second bite of the cherry, it'll all be fine.
Can see 25p easily on a run here. We have oil, we have backing by major share holder and we have other exciting sites waiting to be drilled. In 5yrs time £2 imho. Good luck all
Imho we will see 38p by end of year. We've hit that before, on speculation alone.
https://walletinvestor.com/lse-stock-forecast/matd-stock-prediction
Hardly set the world on fire..
12p if your lucky
Results of heron will be tomorrow or monday I feel.. mike has done strategically for sure