The latest Investing Matters Podcast episode with multi-award-winning fund manager and international bestselling author Lee Freeman-Shor has just been released. Listen here.
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Master82 - it's nothing of the sort. It is simply that the SP rose from 1.6p all the way up to 7p+ on anticipation of the LP following MB's "1-3 month" comment. That LP has, for whatever reason, still not arrived and so the market is having its say. This was always going to happen... no LP and the SP will continue to drift lower.
Unless of course the 20% chance comes in with Velociraptor.
WOS do u have a link to cabinet meeting infor? Cheers.
Mr Betchaby
Is on official Mongol Gov website mongolia.gov.mn
Like I say "Legal Regulations Related to Land Use Relations Were Resolved in Accordance With the Law on Land"
Is this resolution of land use for special Certifucation for Block XX?
30 topics discuss and usually have resukt for only few & limit of information in write up after
Other things like Pension and road transport but biggest discussion today look like new laws to protect Foreign investment with Draft Law on Investments
@Doc83
So if it's not mm manipulation then presumably you believe that the market deemed after the last RNS that MATD is suddenly worth half its market cap ? That's essentially what you are saying. All the spikes have been followed by precipitous falls over the last 4 years or so - the ones not caused by raises have been down to blatant mm manipulation of the bid and ask. People like badprophet who seems to have sold up after one of these slides are exactly the kind of people that the mms are targeting - weakholders who they can panic, and thus shake out easily during their accumulation phase.
Cheers
Investor33: "So if it's not mm manipulation then presumably you believe that the market deemed after the last RNS that MATD is suddenly worth half its market cap ? "
Or you could say that MMs still think MATD is worth 2.5x more (from December price) to now, despite nothing fundamentally changing, i.e. still no LP.
@Doc83
So presumably in 3 months or so from the last raise, the mms then deemed that the company was suddenly worth 2.5 x its market cap without any significant news emerging during that time ? That's up to the peak of the last spike ( aka the mm distribution phase ) of just over 7p....It's pure manipulation of a thinly traded stock with low liquidity, with the mms also trading their accounts, as well as pulling tricks to accumulate as at low a price as possible through shaking out weakholders who panic easily, such as badprophet.....
Ms Vikinglass SO MANY good point about Petro Matad investment & like (nearly) all say is VERY STRONG investment if holder look more then couple of week lol.
Header say all with people have derisked for V1 but with V2 all paid and up to company discretion think will see 2nd drill straight after even with little bit of encouraging sign.
Real (almost) guarantee multibag with LP access and this happen any time now really. If people do not think land access cone in then DO NOT invest
300%, 400%, 500% multiple rise for few day or week wait?
This why mr Professional right when he say holder who not quick trader will not worry about price move when they know all thing which LP unlock for Heron + 2 Billion bbl into Toson Uul Basin
With or without Velociraptor.
I hold, watch & happy for this :)
WOS - Would Mrs WOS not like an extended shopping trip? Maybe Hong Kong/Dubai/New York. At least until the LP issue is resolved & the V1 results are known.
MOMENTUM UP START!
Doc you worry about your own finance
When I make my sell I will let you know before hand so you can see,
What I have is none of your or anyone's problem/ concern,
I let out because some one here thinks I don't know what's been happening here for the last 10 years