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That was then and money was banked but it don’t look good now does it. Ask your mate Mike31. He loves a good plate of BS.
I wouldn’t touch this with a barge pole now until at least it hits sub 1 p then I’d take another punt. You need to be less emotionally attached to a company and look at the here and now potential versus risk and unfortunately my friend this is as risky as it gets. Good luck though
Good debate lads he he he lol. Gl
Thx T/R for confirming - that is exactly what I mean.
Posters who make a 180° opinion turn are never credible. Your posts earlier this year cheering for MATD don't make you look very good (to say the least). I hope your "peeps" are aware of that.
Hilarious post prosy. 1 well at 100-200 barrels and all of a sudden money is being thrown around at MATD. Get real it’s farcical
Ojay ??? What’s to answer? I haven’t told anyone to do ought my friend. Why shame on me. For having a different opinion to you.
You damn well know they will raise and dilute. You know it. What isn’t known by any of us is exactly how the news will unfold. I think it’s bad news you think it’s good. But what’s good 150 200 barrels flowing ? How long to repay the drill costs for that one well and all it’s delays. 2.5-3 years maybe. If it flows from the 14 meters of supposed oil payzone.
Good god man open your eyes
T/R: I asked you a simple question and you respond with another question...consequently I assume you aren't really concerned about the "peeps" and you simply don't give a s**t how they come out of this. That is what I suspected and clearly reveals what you're really up to here.
Shame on you!
Utter nonsense being spouted. The company has plenty of cash left, as they are not drilling the 6th well. This enables time to get Heron-1 on commercial production by year end and then farm out Heron and get a bank loan based on commercial production.
All sales and transport costs can be reclaimed against oil sales..............so MATD can either use the PetroChina facility or truck to the border and sell...........as clearly stated.........they have plenty of choice how to sell, its up to PetroChina to make a proper offer.
The derampers are trying every single angle to get people to sell.
Its been said, for a long time.........the path is clear........commercial flow rates........bank debt and farm out. No placings at low prices. All we need to kick things off is commercial flow rates at Heron of 100 to 200bopd and then its game on.
Bank debt opens up with commercial production and then farm out.........job done.
You pay your money and make your choice, nobody is forcing nobody ,to buy or sell and I find it hard to believe anybody would on advice given here !
So debating is dead then.
First you besmirch the memory of my grandma and then you call me names.
I forgive you though as all this worry is exhausting on your mental state. Xx
hang on I'll get my violin out - don't make me larf you disingenuous p***k
First of all I don’t have a granny or grandma and feel aggrieved that you could say such a thing. I miss my nan and grandma very much. Heartless person.
Okay and what are you going to say to those peeps that take your alternate scenario and hold tight but are left with SWEET FA. Hmmmm hope you sleep well on that day xx
He doesn't have a conscience - he'd pimp out his granny to make £5
T/R: Well I'm sure "peeps" are very grateful for your eye openers. Your advice however could easily back fire on you. Should that happen - which is likely - what are you going to say to the "peeps" who sold out following your frightening scenarios?
Good luck with living with that.
Profit
It’s not crap. It’s trying to get a foot hold in a very very difficult area. They worked wonders getting the 20 mill last year and they have drilled like Valentino on coke this year but they are as limp as lettuce now. They’d the breaks. Just trying to get peeps to see
Yes good Idea Toblerone will make a note and set an alert on ig for .6 and may have a short term trade next spring .
Ask mike31
What I don’t understand is why , dusthunter,toblarone,and oiler are doing here if this company is so crap, why wast your time ?
Perfect point oiler as I remember the commercial wells only do 200-300 per day as well so it’s gonna take a lot more investment/dilution to look for a 2nd commercial well. 1 commercial well every 2 years with 4-6 drills. Bloody hell it gets worse when you get into it. The SP is way to high even now
Oiler I bet your popular at dinner parties lol - but yes you do make some very valid points imo
Gl all
They would want MATD PSC,s it at least the ones next to them. They know how to drill producers
It is some feat to drill that many dusters don’t you think.
Some might sell now and wait for the inevitable non commercial then placing news and get in sub 1p. 3 times more shares than when the sold.
If it was a duster why would they want to take MATD out ?
You could not be trying to get the share price down ,for a better enters level could you ?
More pearls of wisdom Mickey boy. You know you can always buy and sell at the right price.
Now is the time to buy for huge upside.
Once flow rate / PetroChina news lands, you wont be able to get in
Let’s hope MB has a good tin hat available for the AGM.