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Agree 100% with post mr c001959 at 09:21
DQE deal is such BIG price catalyst for company to be able to do multi well drill with full DQE support. Also know DQE deal nearly final in Dec 5th and only need DQE signature
Also LP really BIG price catalyst
Also Velocirapror confirming drill and know FACT company have all permit & most equipment already in place & FULL FUNDING
How many investor will run into MATD investment once Velocirapror confirm and this is even WITHOUT result.
So we have many many BIG CATALYST for price
This is why I think mr Mike Buck has made genius move for investor & why price van move from 3p to 38p in so short time.
RNS uodate coming Monday or Tuesday I think but 100% before AGM on 15th February like every year
Very very GOOD time to hold MATD share and can see how SP strong even with new share in market
What do you think will hapoen next week? Start of LIFT OFF to 38p again before even bigger climb I think with full development of Heron & DQE partner
HAPPY :)
We are still waiting for the results. I think they need to employ more people.
MP the new licences are all south of Block V and near the border of Inner Mongolia
Link off MRPAM website of the locations of the new licences
https://www.mrpam.gov.mn/news/2447/
The Changqing oil field is an oil field located in Inner Mongolia. It was discovered in 1971 and developed by China National Petroleum Corporation. It began production in 1975 and produces oil and natural gas. The total proven reserves of the Changqing oil field are around 23.8 billion barrels (3400×106tonnes), and production is centered on 472,000 barrels per day.
Under this New Licence round...are we applying for licences south of Block V towards the highly prospective Inner Mongolia / Northern China border ?
Although the LP is important and nothing can happen without it I believe that a multi year, multi well deal signed with dqe will show the market that this company is going places and will be the catalyst for a large rise in the sp, just my opinion. GLA
Heron 1, 2 and 3 can easily bring 1000bopd, they can ramp up production.
Lets see what happens.
//They need the oil for domestic Oil refinery.//
In 2025 (or later).
Velociraptor 200Mmbl recoverable should be first up. There are 4 raptors in total within the raptor trend targeting 600 MMbl recoverable combined.
Heron-1 agree after LP goes straight to Production with Heron-2 and Heron-3 added to ramp up production. Target production from Heron would peak 9000/bbl per day. LP is a mere formality...No brainer. They need the oil for donestic Oil refinery.
//LP is a biggie if that lands, they can go straight to production once rig available.//
I'm guessing you don't know much about oil extraction & marketing.
Recoverable factor at heron is between 30mmbo to 60mmbo, so lets take 45mmbo.
If we value a barrel at $5, thats a value of $225m. This is only Heron alone.
Awaiting land permit and we at the racers..
Current mkt cap 33m
Badprophet
LP is a biggie if that lands, they can go straight to production once rig available.
Mean time raptor well, Buck said they can drill it in winter. Ask him question at agm, will they still drill in winter now permits and cash sorted..
This was back in 2022.
At $80 / bbl that scales upwards to 38.6 pence
Current MCap is only 27.5m ???
i expect the existing year high of 5.6p will be history once LP news lands... so that's next week then! ;-)
Lets see how she holds..
LP by itself will not cause a drastic re-rate. That will only come with first oil SALES. (probably not this year) IMV
Yes, I’m happy it’s going up, for the long-termers especially.
Should say 12 Million MORE cash to add to cash already have
Company will do lots with this like header say & RNS operation update coming for Velocirapror drill & other thing
Getting hot for price rise sir & be happy :)
Morning Owly. Your brain is heating up early. Lol.
Header say all with RNS coming for each of this thing + 12 Million Cash.
Sentiment with investor strong & know very big price rise will come in days ahead
Gullable one look at what price move over 1 pr 2 day. Clever one look at how price move over little bit longer
Like mr Positive point out went from 3p to 38p in few week before & if you look at all RNS expected look like can do this again very easily.
Have little more share but have plenty cash & much much more news.
Will leave gullable one to give speech on BB & will give my attention to RNS & Cash & Price over days coming
Very very happy to hold MATD share for 2023 special special year for MÀTD :)
Manro, I guess this is the year. As soon as we get LP sorted the share price will rerated. I am sure you know that. I have added as much as I could and I don't see any reason we don't get LP this year. With having 12m cash there wouldn't be any placing this year at least. I expect lots of good RNS coming soon. You can see how the market has responded to the placing. Millions of buys in the last couple of days. It is all assuring. We are just 20% under pre placing price.
Best,
What a revival and how many old posters have appeared here under new names. But, there is an inaccuracy in your post, buddy. I am not familiar with such a feeling as groan, therefore I could not experience it. The only thing I felt and continue to feel is disgust for any crooks and annoyance that I was unable to recognise one of them in the CEO helmet and trusted him my money. For my gullibility, I am ready to be punished, up to the loss of everything that I have invested. But the swindler must remember that it is impossible to enrich himself at the expense of gullible investors and that there is a boomerang law. Therefore, let's hope that this year, at least once, he will carry out one of his promises. That can help him to save the face and reputation and investors if not to increase, then at least to regain the initial amount of investment.
I bought 100,000 more today which were incorrectly marked down as a "Sell" on LSE ...
It does always seems to be that "Buys" get put down as "Sells" more than the other way around, and large Buys always get put down as "Unknown" ...
Maybe buys or maybe sells sir we dot know & will be both I think
Sells from people who get more in placing I think but mean better rise when happen because share already sold now
Buy mean new money come in and will not sell at loss but when price higher
This is all very good for share price & so much RNS coming and why I say do not worry about price for so short time unless you trader Mr sneaky sneaky ;)
Lot waiting for after tomorrow to buy & RNS update coming maybe Monday
Look at header to understand how much thing will be happening sir & why very very happy to hold MATD share :)
Guys, there must be some good news on the way. There have been lots of unknown big trades in the last couple of days. It is probably 50m or so shares, unknown which is not counted as trades, but they are all buys. It seems someone knows some good news on the way?! MMs is holding the shares down!
We will find out soon