Member Info for Adw198

“Funds covered till July 26 excludes monies coming in over the next 12 months ?”

Nope. The cash flow statement includes projected income. Would love to see that work of utter fiction!

“The absolute main focus by most here has been the supposed certainty of a raise. That's put to bed with funds covered until July 2026.“

Not the main focus. We could just as easily discuss the production figures from Heron 1(160bopd) or Heron 2 (Zilch). Or the fact there’s still no sign of “imminent” resolution of the tax dispute.

And I absolutely believe they’ll still be a raise. I do need to acknowledge I WAS WRONG in that I was convinced there would be one by end of June.

@doc

I think it said $3.6m in financial assets at year, but then appeared to say $1.9m in cash.

I can’t believe they’ve had them signed off with a cash flow statement. I was 100% wrong about that! That said they said the same last year and then almost immediately raised $9m. If I thought it would go anywhere I’d complain about these projections as they’re clearly BS.

Little / no sign of progress on anything else. Still working out Heron2 particularly amusing - they’ve had 8months.

“The Directors have prepared a cash flow forecast which indicates that the Group will have sufficient cash to meet their working capital requirements for the twelve-month period from the date of signing the financial report.”

Wow I’d love to see that forecast. Only lost $10.9m last year.

@stockmaiden

I don’t really have a handle on your authenticity or interest here and you mainly just copy and paste the same one sided negativity.

But your post at 19.35, quoting all the laughably misplaced claims from the rampers was spot on and a nice reminder of who talks utter b u l l s h i t

“So how much is this going to fall in the morning 🙈?”

My understanding is the price can broadly be expected to drop in line with the dividend, so let’s say 10p. But it traded in a range of 10p today so it’s never that clean.

Those trading clues give me further reason to have confidence going into the July trading update, so I’m pretty confident those of us who held today will enjoy the dividend and an increased SP.

Some potentially positive trading updates here

https://www.proactiveinvestors.co.uk/companies/news/1073610/is-the-b-m-recovery-underway-1073610.html

“1.3 proving stubborn resistance to break. Should go soon and allow for a move up. They can’t hold this back forever.”

Vacuous nonsense probably just rehashed from elsewhere. There have been less £5k worth of buys and nearly 3 times the amount of sells and he’s speaking as if the damn is about to burst.

Proquo typical of the absurd logic offered by the blind faith brigade

“Literally thousands of posts pretty much guaranteeing a catastrophic raise at any moment for month”

How can he know the content of posts he’s filtered?

There will either be a raise or there won’t. Everyone entitled to a view, but especially those who can back it up with logic - and not just wishful thinking

Who said it was imminent?

I’d be more concerned with the SP being just 127.5 with funds still needed if I was you.

Yeah I could be on the payroll of a massive Chinese company. Although that particular conspiracy theory would need to explain how I was able to post my sale last November before it was printed?!

Honestly, just accept the SP is where it is because of the reality of being a cash strapped loss making explorer with no business plan beyond trying to find a partner. It’s not the world conspiring against you via MMs, the Chinese state or Lord Lucan.

Investor talking about mocking losses, forgetting mocking me for selling out at *checks notes* 1.81p.

Here he was feeling brave on one of very few days the SP was above my sale price. Since when I’ve put the money to good use elsewhere.

“And if ADW's story happens to be true, then all he needed to do back in November was hold, and by now he would not have lost his £4k, and may even be in the blue by now - and with lots more to come most likely. Unfortunately he believes the nonsensical rubbish that he spouts about the company, and he knows so little about investment that he didn't understand that he MMs always heavily mark the MATD share price down just before the winter shutdown begins. DOH....”

6 years and 20k + you’ve wasted here. Lovely!

How sweet TT1981 hasn’t worked out who RPT is!

Another problem with a little comfort blanket echo chamber approach. No wonder his 2million shares are all underwater. Every single one of them :)

@abzzba

“I think most of us think Adw and a few of the other BASHERS are somehow linked to the Chinese, tasked with spreading FUD news, half truths and anything they can get the gullible to believe, why else would non share holders spend so much of their lives on a board they have no financial interest in.“

Is it a half truth to remind you of your claim this would be 5p by Monday? Or that Heron1 would produce 400, 500, 800+ bopd?

Here’s a thought, when I say something specific you disagree with “quote it” and we can address it. Much better than these vague angry accusations.

Realpro - according to you, you stumbled across this share on a fallers list.

What do you know about an alleged cancer comment from circa 9month ago that WOS used to bring up when he’d been caught lying too?!

It is possible I’ll buy some post raise but that’s not my agenda. I don’t think what i post here impacts the price, although if a few readers see thru the rampers that’s a good thing.

Like ydays claim Chinese national interests would lead to a JV to help meet Mongolia’s refinery needs.

I think most of us think RPT / WOS is somehow linked to the company, so noteworthy he seems to (now) be conceding a raise is in fact needed. Amusing he’s now left claiming it’ll be less than some unknown posters seemingly claimed.

Would be good to get the inside track on what this means for the raised funds

“linked to major forward development & Revenue Upscaling”.

What revenue upscaling are you expecting from a potential well test?

If 30k bopd are needed for the refinery, are we sure about the validity of Thorn and WOS’s claims yday that Heron would produce enough for that demand - and still leave a surplus to send back to support China’s national interest?

How many posts? Not sure, definitely less than WOS but more than Realpro.

So what? How I spend my time is my issue and problem. How you flush mother’s inheritance down the drain is yours, but at least I offer some analysis not just an obsessive stalking routine

I can’t rule out you’re not just another fake character, but on balance I suspect you’re just out of your depth and full of buyers remorse.

yes gravy i’d agree people can read for themselves who is trolling and who gives well researched analysis on the this and other company message boards.

just before telling me ******* off you said you’d never discuss the company with me. i can’t see you discuss it with anyone else though. just solely and relentlessly personal attacks against people who post analysis you don’t like. so you follow us to other boards whilst somehow believing you’re not a childish troll. you got laughed out of thx after telling everyone it was a sell just before it doubled. and today your level is calling someone acne face. tragic!

you don’t get to control the criteria for posting. i’ve been honest and posted my sell but i could just as easily lie and have multiple ids like your comrades tenbag, margarists, wos and realpro. i’ve learned a lot here and continue to do so, especially about human nature.

you’ll just have to grow a pair and accept this isn’t your private fiefdom pal. oh and try to find some alternative stocks to invest in, your punt here with mother’s inheritance has further to drop for reasons i was good enough to explain. if you want to channel your anger i’d suggest you reflect on all those posters who tricked you into thinking you were getting a dividend here this year.

To my knowledge Doc isn’t in BME, that’s me who Gravy followed over there literally just to troll.

The idea a £3b company is being manipulated by MMs is quite a stretch, Investor.

It dropped massively on a badly received RNS. It’s news, not conspiracy theories that tend to impact grown up companies.

I’m still underwater there so enjoy that nugget lads!