Member Info for Adw198

“The biggest lie here is the one where you and ADW claim To own shares. Stop lying and cheating.”

I’ve not currently claimed that I hold or otherwise. I don’t comment anymore on my ownership, I simply continue to post my honest thoughts. However, my previous purchases have been verified by other posters who were sent proof and I also shared purchases before the trade was printed.

What’s less certain is whether the proven liar who also runs a Telegram group and several accounts holds any shares. I suspect you don’t but can’t prove it.

It doesn’t matter at this stage, I’ll continue to call out the nonsense and perhaps it’ll help victims like Dozzawba when they finally cotton on.

The other reason I’ll continue to spend an admittedly disproportionate amount of time here is because anywhere else I comment Gravy follows purely to disrupt. So I’m now only here for MATD. Lovely!

So far today alone Tenbag has told us £100m fact

$100m fact

$100 fact

Middle is closet to the truth - and that is a long long way down from what he claimed last years WINTER revenue would be (£5m - £10m for 1 season).

Hilarious

Be careful who you believe.

Unlike you Abzzba I’m always willing to be corrected if I’m wrong. Feel free to direct my figures with forensic analysis of your own.

Tenbag - even you don’t think it’s £100k a week. You said $100k was the FACT earlier. Another oversight or are were lying on purpose like when you claimed £5m - 10m of winter revenue. How the mighty fall!

They’ve explicitly said some of the last 2 raises were for Renewables, so fair to assume funds at the very least might be needed there. Plus there’s the BlockVII obligation.

As you say they also intend to revisit Gobi. More funds will almost certainly be needed imo. Not to say that’s automatically a bad thing, adults could have a sensible exchange about that….

Mummy’s little solider might have been left a few quid to chuck away on a Mongolian explorer, but it seems he wasn’t left a calculator or the ability to deal with opinions he doesn’t like.

Bad parenting it seems.

Sorry Lins, those figures aren’t correct.

It’s 345bopd and the profit isn’t $40 - we were told it was circa $40 IF / when Brent is $70 (it’s not that high). Then factor in that they aren’t actually being paid in full as 30% is being withheld.

Please see the posts from me, Doc and especially Unnd. Wanting to discuss precise figures rather that uncosted assertions of facts isn’t trolling, it’s sensible discourse.

Even gravy admitted that IF the withholding is paid in full it still only equates to circa $4.4m, which is circa $86k a week. No biggie being only 14% out but let’s at least be clear.

Yet how many people have asserted as FACT it’s currently $100k a week. Sorry lads, the $5.2m isn’t happening anytime soon. But a raise will. Again.

“For any newbies here, Petro Matad make over $100,000 revenue per week.”

A proven lie. If he lies so clearly about that (and even his little lapdog Gravy accepts it not an accurate figure) then what else is he lying about.

They didn’t get $100j last week, won’t get $100k this week and you guessed it - won’t get it next week. Indeed, until unless PC pay in full or oil moves materially north it won’t happen for the foreseeable.

And next year there will probably be another raise because even $5.2m a year doesn’t give a future.

“Bear in mind we're making circa $100K per week - Thats regardless of if a portion is witheld”

It’s not making 100k, as has been worked out and explained. And that’s still the case if / when the partner chooses to pay in time on full. Something they’ve not done once in the 13months we’ve been producing. If the price of oil goes up it has the potential to do about that. It’s not alot of money either way though is it.

Aren’t the facts here good enough that you need to lie and exaggerate?

“Did I not just confirm that right now it's $3.1m, not $4.4m?”

Yes, you set out the calcs clearly. On reflection you should have just shouted FACTS and left it at that.

You seem permanently angry to be honest, hence trying to thought Police grown ups and whining like a child to an about admin. To my knowledge nobody has wished ill on anyone else’s family.

Anyway, pleased you’ve realised your “FACTS” were in fact not true.

If you think $4.4million dollars, which as we’ve also had explain isn’t actually being received due to the withholding is great then that’s a view you’re entitled to.

From that there’s a lot of bills to pay and expansion to fund. Which is why we’ll soon be discussing next years raise.

He explicitly said he didn’t condone my comments but you continue filter whilst perversely not filtering me.

Anyway, it seems you now accept we aren’t generating 100k a week and aren’t even producing that much. So when you repeatedly claimed otherwise were you mistaken or deliberately trying to mislead others? I’m guessing the latter, perhaps because even you most recent attempts to average down have taken a 4 week 50% haircut.

It’s not a fact. Unnd broke down the figures but you filtered him for not writing what you thought he should write.

But feel free to share your sums.

Never said it won’t be paid in full mummy’s little soldier.

I do think it’s fair to note the missing money tho, it’s been over a year since the first production which still hasn’t been paid. So when people like you claim were RECEIVING 100k a week you’ll be fact checked, just like Velo was.

Is the truth not good enough as an investment case?

Genuine investors would want an accurate understanding of revenue and profits, just like they would risks and issues.

I’ve just provided the accurate figures and straight away the lads look to divert back to personal attacks and lies.

I’ll keep sharing facts and opinions on those facts. And if you think another day with no news large dumps is a great day then I’m pleased you’re getting what you want.

“with a net profit per barrel after all costs of between 40 and 50 dollars”

Please direct me to where this fact can be checked. My recollection was if oil was $70 we made circa $40. And it’s nowhere near $70 at the moment. Happy to be corrected though

Proquo on the copy and paste spamming the equivalent of a debating white flag.

Meanwhile, away from the playground someone has just dumped 2million shares and the total buys add up to less than a £1k.

The SP doubled in the weeks after the Gazelle news, which was indeed very good. It crashed back down because Heron 2 appears to be a dud and PC still won’t pay properly. Also, the flow rate from Gazelle was lower than you all told us to expect, so there might have been disappointment there too. Personally I think 200bopd is decent but i wasn’t budgeted the same as the rampers.

14 weeks work, manpower and equipment.

You told us it wouldn’t even take 2 weeks Abzzba. Then you told us again that no news meant good news, despite using the same when it failed last year too.

You also insisted PC would amend their own contract, sign it in and pay the backdated money in November. My daughter is on her 2nd advent chocolate so I’m afraid that’s another failed prediction too.

They started the rework in August, it’s circa 14 weeks working on it to try and squeeze some juice out of it. That’s a lot of time (especially in a country which has a 4 month winter shut down. Presumably it’s also had some material financial cost attached to it.

I think the perseverance is indicative of how important they regard it in the attempts to find a partner.