Yes and that's more or less same "Hypothetical" wording I put out on this board back at end of Jan 2017 and again just a few days ago. Yes something on similar lines and will be smart of them to keep 2 or 3 up against each other to derive even better deal from the top bidder.
Had to read all the pages from 7:00AM all over again with every single post just to figure out what the hell happened today. Been frantically busy popping in & out all day so lost the plot earlier. Hence was unable to comment at the time.
Well I can see a much clearer picture now and what had been going on all day long:
TITLE: "No Farm In - Bid Close Update"
Today's board was more or less littered with just one Topic / Title, repeated all day long during market hours, with same comments recycled over & over, despite lot of posters saying...yes we get your message. Yet still the bombardment continued all day under the same Thread "Title".
BONUM - today almost every single of your "REPEATED" posts was made under that one & only Title all day long as if you wanted to send a message or Signal during market hours, despite so many posters having acknowledged and wanting to move on......Hmmm.......wonder WHY ?
I think this whole board knows the real reason already as you just made it far too obvious.
Despite repeated requests from Ojay to move on and clarification from D1nger, even myself, yet you continued all day long. Unfortunately does not look good for you !
This was evident even before Market Open as if you were worried : Price will open higher. Your reply to my 07:52 post, when I checked my broker account and it was pointing to 34p Opening Price........
Your Reply: Hope this is not due to expectation of Farm-In news this week.....?
If matd release news that bids have been made for a farm in in the next week or so, then in my opinion, Matd recieve confirmation that their data analysis is accurate. It is quite obvious to us, as laymen that any farm in is going to require an investment of hundreds of millions of dollars for further drilling and exploration.
I don't think any of us really care who will be the farm in partner. The important thing is whether Matd have a partner or not.
Let's be honest, considering the interest disclosed so far by Matd, there is a very real possibility that there will be a bidding war for farming in and Matd will be in the privileged position to choose the most favourable bid.
The more bids received, then the more Matd can consider that the information that they have declared in relation to their oil reserves is accurate.
Ojay is a very decent gentleman. I also don't know the guy but am very much looking forward to meeting him along with both of you and all the rest of the holders who can make it to the £1.00 party whenever we reach that milestone.
Think it was more of frustration than anything else when majority of today was covered with back & forth 'Farm-In' arguments. That's all. Tomorrow is a new day and we look forward to more action.
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