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Just for the benefit of those new to the share, the company DOES NOT need to do any further placement prior to exploitation. They have millions in the bank and very low cash burn.
The next equity raise will be done at a much higher share price and not till well into the middle of next year and on much better terms.
Don't fall for the bs being spruked here by Hamm Manro and Lambo. They all can't read clearly
Best message Iv read in here for a while
GLA genuine holders
Yeah I was wrong on the cash position $6m cash in the bank, I didn’t realise the $3.2m financial asset was actually high interest bonds assumed it was debt
Guess you bought in now then lol
I would wait until Clarity on what's happening with the LP and then jump in . Otherwise it's a big gamble .
We've all lost money on here due to miss management and incompetence of the PM board
No that is not accurate I have not lost a penny on this share yet. I only lose money when i sell the share below the price i bought at. ATM i am down about 2p per share for an UNREALISED loss of several £k but i have not lost a penny of this yet. When i crystalise this holding that is when i lose or gain on this share and not until then.
Nope never lost money on matd made loads here actually always stuff going on, mmm buy low sell high lol,
You guys must have bought it when it was 1p.
Master82 you do know that matd has gone to 37p In the past l, maybe your new here lol or are you still deramping indirectly, give it up mate
I've been here very long time and know more about this company than the new holders. I'm the one who found the whole situation on Facebook and managed to expose what MB was hiding from us .
Like I said don't invest until you get concrete clarity on to what's going on with the LP.
Not deramping just stating facts.
Master82 thats a very interesting view you hold. Pretty sure you will find it was in an RNS and you didn't "discover it on Facebook"
Seriously you can't make this stuff up.
Lol
Ost
Maybe look at the dates of the rns and when I said it on here . You will understand.
You guys are new here
Master curious to know what you found on FB ref the "whole situation". Not a trick question. I have also been here years so not new
How PM was stopped by the governor and then PM took governor to court and the judge threw the case out followed by confiscation of heron field.
Look back at my posts.
I'm not making stuff up.
We didn't know what was going on until it all came to light on Facebook.
I guess it doesn’t really matter too much what a few protesters say on Facebook, if the government give matd the land permit there is nothing a few protestors can do other than accept it or get arrested, if it is been discussed in parliament tomorrow it is obviously at the highest possible level
I'm not telling people not to invest. Its a great opportunity but wait till all paperwork is in hand.
No point investigating here if PM has no right paperwork to access the field
Mike Buck is presenting on Tuesday…. Heron has not been confiscated… if it had then it would have to be in an rns if not Mike would end up in prison if he withheld that information… he certainly would t be doing an LsE presentation on Monday if they no longer had Heron
Sorry Tuesday… if positive news on the permit is communicated I will be taking a large position, when matd runs it really can be life changing
Master no not saying your making stuff up was as I said just curious. I read regularly the FB posts and a lot on Twitter. There is a lot going on in Mongolia at top level ref corruption, coal theft, Petro China not paying taxes. In my own personal opinion I believe Matad has been embroiled in this in some way. I believe they have been at a stalemate with regards the LP with certain people in government who are corrupt who want paying off. Matad and MB I believe should of gone to the very top of the government to get this sorted and they haven't hoping it would go away, but it hasn't. My belief is that this impasse has now been bought to the attention of the main people in government hence the UK Ambassador getting involved. Philip Malone has confirmed in an email to me that he has been in touch with Matad with the issues and also people in government and the only way this can be sorted now is Matad engaging with the main powers in government. Let's hope this has happened now. I am hoping for all our sakes a positive RNS comes out before Tuesdays webinar as if not Mike Buck may as well not bother as no-one will believe a word he says. ATB - fingers crossed for some good news - we bloody deserve it
Agree, and MB is not going to do a webinar unless he has something good to say to his share holders, maybe some progress but still awaiting sign off for eithe special purpose license or the land permits
Imarich, hear what your saying but he did an interview previously without a prior RNS - and what come of that with regards promises timelines in the interview - a big fat zilch - so he'd be bloody stupid if he did it again. I have emailed PM's broker and communication consultants and told them he will be wasting his time if he doesn't put out a RNS prior to the webinar as imo investor confidence is at an all time low with him and nobody will believe a word he says.
Simon Jordan from the brokers is aware of the lack of confidence in MB with regards promises timelines - he also states that they read the comments on here, so as said they would be bloody stupid to spin out some more b*ll**** to appease investors
I think you are absolutely right and we will find out how stupid MB either is nor is not. This share will either climb significantly on Wednesday morning or sink below the 1p mark. If there is an RNS it is very possible this share will start inexorable rise over the course of the year if the RNS is positive. A negative RNS or no RNS then this could i fear drop below the 1p mark. If there is anyway that shareholders can get rid of an CEO without an SGM then this might be it sheer resistance to SP rise could push it.
Without RNS before interview it would be all nonsense talk!