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Lol thanks Tilly on second thoughts I think I've been fortunate to have missed that prize! :-)

I see my prediction for 7am today has now passed, along with my chance at septic lil's lobster pot. Oh well better luck next time :-)

I was just about to post this. This may give us the extra time we need.

Thank you Gecko :-) I do think we might have heard in March if it wasn't for the pandemic. Now I think it's prob delayed things a few months.

It doesn't look like my prediction for 7am tomorrow is going to happen. Then again I didn't factor in a global pandemic at the time!

https://www.valuethemarkets.com/2020/03/24/valuethemarkets-podcast-034-with-mike-buck-ceo-of-petro-matad-matd/

burnbabkbrian my average is about the same as yours. All we can do is hold on. The current price is less than cash and ignores gas and oil.

What is your average burnbankBrian?

I don't have any funds to average down any further either. Orginally brought at 14.5 pence then averaged down at 9p and 5.5p. Never thought it would get this low.

I'm guessing that Septic Lil prob has every disease know to man!. She is prob so disease ridden than even the corona virus wouldn't go near her!. I bet she's beautiful after a bottle or two of rum and complete darkness! Lol

No apologies I wasn't very clear there. I was just following up on my previous post saying that I understand they needed to raise funds through the warrants. I wasn't talking about any need for more warrants or a placing. I was just referring to what warrants they have already issued which I understand why they did it to raise much needed funds. Apologies again for any confusion.

I understand the company needs to raise money by the way.

The warrants are partly to blame for us being down where we are now from highs in the 2's. They have had an impact I'm not saying they are entirely to blame. So an update on where we are with them would be useful.

Is there no update on these warrants as they have destroyed the share price. Every rise is sold in to time and time again. I hope theu are fully funded for the next round at copperhead and next gold mining phase.

I think we all just have to be patient and trust that they are keeping us suspended and staying silent for a good reason. They have a lot of shares themselves so it's in their interest to get a good deal. They have invested a great deal of time building up the company so they won't sell us on the cheap. We have everything in place to mine it ourselves and we are the lowest cost miner around. If no deal happens then we will be absolutely fine we have the financing and structure in place to go it alone. We are very fortunate compared to a lot of companies as I've been in companies that put themselves up for sale as they have no other choice and so are in a weak position and have to accept whatever low ball offer than comes in. We don't have to do that, we can reject an offer and just mine it ourselves.

Also as I've said before I am counting my blessings here as the stock market and Palladium prices have taken a battering in the past few weeks and so if we weren't suspended and carried on trading I'm certain the share price would be much lower than the 7.2 we closed at.

Trust in the bod, we wouldn't have invested here if we thought they didnt have our best interests.

If there's any update the company should be telling us. It's not like it's going to affect the share price. If anyone has any info then they should share unless there is an rto in progress and the sharing of the info would have an impact on this. If the board have not managed to sort a rto with all the money raised and time given then u would seriously question what they have been doing as that would be incompetent beyond belief especially when there has been support from antos.

If the rto fails then the bod could blame the virus. However it would be a poor argument as they have had plenty of time to complete this rto and any failure would be entirely down to the incompetence of the BOD and nothing else.

You aren't the only one still holding. I'm still here but am as concerned as you are tom. Especially when the CEO said it was cheap as chips at approaching 2p a share!

I've made a decision to only check this share and message board today.
I don't want to look at my other shares as I'm certain it's going to be depressing. Made that mistake monday and it got me down. Ignorance is bliss for me at the moment.

Seriously some selfish people stocking up like that leaving nothing on the shelves for others. If people stop panicking and just stock up reasonably then we would all be okay. In this day and age we have home delivery etc. I'm glad they fined that van driver as he prob throught he would stock up and charge people a fortune when supermarkets run out.

I'm concerned as well. I'm about 60 to 70 percent down here.