Member Info for Adw198

They’ll be zero revenue from renewables in 2025 is my prediction. But they’ll be a raise. WOS is entitled to a different opinion and if he gets it wrong (again) I’m entitled to point it out.

Funny that the official line is that we’re waiting for a contract to be physically signed. 1 month and counting. Definitely nothing sus about that…

Morning WOS, that broker note is awful - how can a company who rattled through $7.5m in half a year with only $2.5m left be considered funded for growth? They aren’t funded to make it to July!

But I suppose you get what you pay for with broker notes …

You didn’t hear anything Tenbag. Liar. As if LSE would liaise with a child like you.

I’ve already given you my name and it really wouldn’t take much to find my address. I’d happily give it if a) you hadn’t already LIED you had it and b) the likelihood of you ordering (unwanted) taxis and (wanted) pizzas to my address.

If you want to be a grown up I’ll happily meet you in Manchester and show you my Barclays investor account backing up what I say. You just do the same big man. Bring Abzzba and WoS too, and that other b e l l e n d gravy train can stand on the sidelines shouting insults like he does here.

I’m also off for half term so free this week. Marble Arch?

“To seriously answer your question - you are obsessed with this company and the people invested here for whatever reason, and that is not fair on all the ordinary pi's who come here to chat about their investments“

Yep as I’ve told you I post here too much. If people threw dogs abuse at you maybe you’d get a bit over invested. Perhaps if people mocked you losing money likewise.

Today I’ve posted lots, almost all addressing this kind of nonsense. Can you you send me a date / timestamp of any example where you’ve come here to chat about your investment?

You’ve still answered why you went on Thx, or what would

make you stop spamming that board with nothingness.

How much money you’ve lost here gives me a little thrill. Chin up.

I

As I just told you, I have indeed asked lots of questions and discussed risks over there - just like I did here when invested and now.

I appreciate you might not like what you read and / or you might think I’m part of some international conspiracy against MATD but in that event please just filter me and go and follow someone else around the internet.

I won’t respond again because I’m not here to answer your queries whilst you casually ignore your own appalling behaviour

I just asked you a question Gravy and you replied with another question.

Doesn’t bother me answering tho, nobody has been more tranparent here.

I’ve asked lots of questions on Thor. One of my first posts there was specifically to ask for the bear case. It’s full of grown ups over there we all discuss risks. There’s not a lot to say over there but feel free to share facts and / or your opinions on facts over there.

Alternatively keep making your big contribution to LSE being harassing people.

I have asked lots of questions on Thor.

@gravy

I don’t know who is bemused, if anyone is that’s fine we’re all different. I’ve explained why I post here and even conceded I post too much.

Could you tell me what posts I’ve made lets say this week that have angered you so much you felt the need to goto another board purely and solely to wind me up? Quote something I’ve said that’s a lie or even an opinion you don’t agree with.

And just to be clear the Thx board isn’t my “own board”. I CURRENTLY own 3 shares- Thor, Asiamet and Tertiary Minerals. Some boards I comment on more / less than others. Obviously when people like you keep mentioning me that has an impact too.

Perhaps you could explain why you went over to Thor and what would make that stop, noting you didn’t have a single thing constructive thing to say beyond goading me? Altho I suppose that’s the same here - never even given an opinion on anything company related here.

Gravy, you’re just a troll. You don’t offer any analysis, just stand on the sidelines shouting abuse at people and following them around other boards. Nearly all of your contributions on Thx (like WOs and Tenbag (and his aliases) got deleted because they were entirely disruptive. Absolute waste of everyone’s time this t i t for tat just because you can’t face reading things you don’t agree with.

I think I missed the question?

I saw you invite me to make a truce but that equates to me never posting here.

I’m not a troll, I don’t report every sale, don’t say this is going bankrupt etc etc - I call it honestly as I see it eg I called the last RNS good news. I was invested here September - November, took a pretty bad loss but think it’ll go back higher than my sell at price (1.81) at some point so it remains on my watchlist too, especially because I feel I understand the prospects here having (now) researched it. So I’m not prepared to be silenced, especially given all the pathetic behaviour.

Even when I didn’t post here for a day Tenbag, Gravy and WOS still bombarded Thx specifically to disrupt with utter nonsense.

Anyway that’s all boring and off piste I’d rather discuss the company.

Thanks again and enjoy the holiday.

To everyone else I only “know” Investor from the Thx board where he’s been an extremely helpful and balanced poster. Like everyone else on here you have to make your own judgements about credibility. Being able to actually answer questions helps in that regard too.

Morning Investor

Thanks for the posts. Most went over my head but I get the gist - things arent quite as straightforward or rosey as Abzzba and most on here claim.

Could I ask something - much has been made of H1’s maximum flow being similar to or greater than 821bopd, having been told in the November RNS

“Rate tests have achieved flow rates similar to, and in some tests, higher than the maximum 821 barrels of oil per day (bopd) rate recorded during the well testing operations in 2019“

My reading is that was the MAXIMUM rate achieved and that it would be most unlikely to sustain that as an average level of production. Others have repeatedly said that statement shows the potential to average that.

Could you clarify how often a well can sustain production at its maximum

I note it didn’t take long from the personal attacks to start - welcome to the jungle. :)

@abbzzba

“Takesiteasy, no idea why you would think MATAD does not have the cash to develop Heron, your proof of MATADs finances today ???”

The broker note estimated year end 24 cash at $2.5m. That’s $7.5m spent in H2 and whilst we can ringfence perhaps $1.5m for Gobi and $2.5m for H2, that still leaves a general running cost can burn of circa $3.5m In H2. So there’s no question funds are needed for expansion and even aside from that seemingly just to cover the corporate overheads within the next few months. Obviously we can hopefully soon factor in some revenue from H1 but it’s not enough to self sustain let alone fund new wells at $4m a pop.

If there’s anything factually inaccurate with the above feel free to correct me, being specific. Or just call me names, whateve r works for you.

Note I make no comment on the SP and whether it’s a good buy or not etc - the above is just setting out the facts. Opinions on those facts are also invited though.

“Has nobody thought that 200 bobp may have been a figure arrived at with the capacity of the storage in mind ? They may well have erred on the side of caution, rather than risking having to temporarily close down H1 during the winter due to having run out of storage”.

Good question

I certainly raised a risk that storage wasn’t infinite and still regard that as a potential issue. However, the RNS seemed quite clear it was unable to produce more than 200bopd without issues…

“Stable production of over 200 barrels of oil per day is being maintained. At higher rates, reservoir sands are produced along with the oil…”

A lot of tea and a lot of biscuits, Doc.

But no, nothing else at this stage.

Who is “we” Thorn?

The people making the same repeated accusations seem to, so that’s presumably who Doc is replying to.

I agree it’s tedious - nobody knows what anyone else holds / doesn’t hold. Frankly who cares - play the substance of posts not the messenger.

FWIW I also agree the large block selling looks coordinated and the relentlessness is obviously pinning the price down. It’s very fair to SPECULATE on who is doing it and why.

Sensible observers can easily spot WOS’s games and manipulation. The slightly surprising thing to me was so many lapping it up without even taking an interest in fact checking it. Thorn in particular was happy to take it as gospel and when the truth finally came out about the misleading “quotes” he didn’t say a word.

I actually thought it was an interesting link and good bit of research but he couldn’t resist embellishing it. The truth doesn’t seem a compelling enough proposition here, hence having to sex it up

Yes Takeoteasy does have a similar style to me in terms of being objective and also being able to “quote” facts and what people like WOS have said.

However, I think unlike me they’re actually invested here. Much like MATD at H2, I’m waiting for a re-entry!

Investor is probably the most amusing character here with his seasonal mood swings and misplaced charting brags. If only he’d practice what he preaches - but alas he’s massively over exposed and looking for an exit.

If you want to get blocked by him just highlight his okey Cokey failed predictions. We used to exchange frequently and politely till I highlighted his changing narratives.

That’s incredibly optimistic Thorn.

The first two wells produced 200bopd and zero (for now). Would be some result for the next 2 to produce double the best output so far. Did you see the average production for PCs field and the success rate of their producing wells?

Not impossible, only highly improbable. But there’s still the big question of where the $8m is coming from to cover these 2 new wells, along with the remedial work for the existing 2 and general corporate running costs.

I thought you’d said you topped up at 1.50p, but I suppose you could have done some cheaper too - and / or bought considerably more at 1.50p than 2p.

Either way, better than my trades here!

@thorn

“my Trade account with shares from the raise and then averaging down after the November Heron 1&2 update is looking really rather good”

You’re not really claiming your trade account is up here are you?