Member Info for abzzba

Doc, my post 16.30.

RNS said "more than $40 per barrel based on a sales price of $70 per barrel", Brent is currently $80.75 bbl, take 3% plus a dollar off for DAQING price = $77.32, so we are getting well over $40 bbl, probably around $47 infact, at least try and be honest.

Quite obviously if we are making "more than $40" profit at $70 per barrel (as stated in RNS) we will make even more profit at current Brent price of $80.75 / DAQING price $77.32.

Even your miniscule pea sized brain should be able to cope with that !!.

Doc, the RNS quite obviously bases profit per barrel on $70 oil price, current brent price is $80.92, or can you not read.

NEGS, DOC/Adw, caughr distorting figures again, not unusual.

Doc, you seem selective with the facts, RNS said "more than $40 per barrel based on a sales price of $70 per barrel", also Brent is currently $80.75 bbl, take 3% plus a dollar off for DAQING price = $77.32, so we are getting well over $40 bbl, probably around $47 infact, at least try and be honest.

Good to have a hugely experienced oilman like MB at the helm, good to see him sink £100,000 of his own cash into the company, speaks volumes for the future.

Its how the NEGA work, throw enough shxt in the hope the gullible believe them, idiots all of them, soon to be very disappointed idiots

Yesterday RNS, nowt changed, H1 still needs work to get the best production, H2 could be hampered from sand as its the same geology, both will be worked on to increase production once spring arrives.

Gobi wildcard still on the table. H3 new well in spring as well, other wells, no idea, need to wait for funding details.

Still 12p by year end

All good in Mongolia, few short months until spring and work can get going again, 12p by year end still on the cards.

Devilbhoy, some strange figures, did you read the same RNS i read ?

Gusto says not investable, strange, quite a few buys today.

H1, 800 bbl/d

TenBag, agree 100%, things looking good, todays RNS was ok, bit more detail would have been good but time enough for funding 2025 details.

Tenbag, agree 12p year end.

Poor old Espens GBP down 6.67% today, almost 40% down in the last 2 weeks, Epsen your a clown.

Game on, few short months until we can get back to work, H1 - 800 bbl/d, H2 - 200 - 300 bbl/d, Gobi may also be worked on, bring it on.

Seems all the lice coming out today, your all to late, we are producing now and set to produce a lot lot more in a few short months, roll on spring time.

Stockmaid, is anyone interested in what you think, answer to that is no, best leave things to the profesionals that have years of experience.

Stockmaid, maybe you could advise the board of your oilfield operations experience, sure we would all love to know why you feel more capable than Mr Buck especially given you only know a few snippets of information.

We are waiting ?.

Proquo, agreed, onwards and upwards, nowt changed, 2025 is going to be a cracking year for MATAD, no mention in the RNS of the gas pressure spikes so i am assuming these have tailed off.

There may be better news in todays RNS than some think, as H2 and H1 are same geology it may be that sand was the problem and causing low flow rates at H2, if so easily cured with sand screens, typically a tubular with stainless steel sieve on the outside.

Only great news to come in 2025 now, onwards and upwards