Member Info for Adw198

Tenbag /margaritas you know full well I said I’d stop posting so long as you stopped goading me into replying.

The likes of yourself, Investor and even Dozzerwba just couldn’t manage it.

No Abzzzba, I didn’t have a protracted back and forth with Bloomberg about it (not) being ready in 2026, it was you who repeatedly insisted it would, even after I shared an article.

Anyway, you now agree it’s been put back. So please explain why it suits us and / makes not one jot of difference?!

“CEO happy to with his own $100K cash Buy“

Is he WOS? Which one, the $100k investment at a discount of 46% to the SP last year? Which he’s still underwater on?

Or the $100k he invested in 2021 at 3.50p, which has broadly halved in value?

Yes Abzzba you were wrong with your repeated claims of 2026, refusing to even accept it when MB said it. And here you are telling me I know nothing!

So which is it anyway, does it “suit us” like you initially claimed (for reasons you didn’t explain) or does it “affects us not one jot “ as you subsequently claimed?

Or would you rather shamelessly ramp without being held to account?

“Looks like the refinery will not be completed until 2028 which suits us if we end up with a buyout of Heron field.“

Another one you got completely wrong Abzzba, repeatedly insisting it was 2026. And now you’ve accepted the inevitable, guess what…you pivot to claiming the delay is good news.

Textbook ramping.

So if there’s no activity at Heron 1, or indeed any other MATD site, what’s the “transformational” RNS people are expecting?

An ops update showing the oil produced and revenue received won’t do much.

Yes sorry, perhaps I wasn’t clear. I meant they’d want to get Heron1 producing whatever it can as that will demonstrate what it can actually do, not just in the abstract.

Doesn’t need to be seen as a negative, it’s just common sense that a well producing say 300bopd + will be easier to market than one only doing 200bopd.

I suspect that’s the plan - get H1 upto its best production and try to show some of the non producing ones have potential

They’ll be no more producing wells added this year as there’s no money to fund them.

“production is currently choked back to a range between 200 and 300 bpd. Whilst this is in line with our pre-production aspiration for an initial stabilised rate“

That was from November. The pressure (not sand) was the initial issue. They’ve since clarified the pressure issue has gone away.

Either way, circa 200bopd for the first 7months is at the very bottom of their initial expectations. They’ve also had to pay to store (and warm) it over winter.

If I was selling an oilfield I’d want to get the production up to whatever it’s capable of before negotiating, ie they’ll want to be able to DEMONSTRATE what it’s capable of.

“ADW if you understood oilers and oil production you would know that after the mongolian winter all wells would need checking and maintenace, our time slot for remedials will be allocated”

They initially said if it was required the sandscreen would be “will be programmed for the spring” - is it not Spring in Mongolia?

My position is that it’s either not as straightforward as Abzzba claims, or they can’t afford to do the work till payday.

Completely unexplained, but similar to what you predicted it would be doing 6months ago, since when it massively underperformed against your projections.

Noted and bookmarked. Interesting that they got this easy cheap way to increase production by 100-400% but not got round to it yet. Any ideas why?

As ever, some utter tosh posted here recently. And Investor’a ego means he’d has to goad me into posting than just talk about the company. The self styled chart guru who spent 6 months telling us the SP dips every Nov / Dec and rises in the first part of the year - and then announces he’d averaged down (again) in April having not bought a bean in November. What a Leg-end!

Lots of posters happy to tell us a huge RNS is coming - almost nobody able to explain what they think it might be. Talk of institutions loading up - my good look at the trades!

Manx, who is actually fairly reasonable claims “Uprated H1 production rate to very announced”, yet unless Master82 has decided to go quiet, there no sign any work is being carried out at Heron 1 (or anywhere else).

The best poster of recent times by a million miles was furry who took the time to read and “quote” recent RNS’. I’d made some similar calcs myself but decided not to post as the 25k figure was an approx so hard to be certain. Also, the ops guy at the AGM seemed to suggest it was still doing at >200bopd. But I’d be cautious as companies who have positive figures will shout about them - MATD aren’t clear about production or stored value so everyone’s feeding off crumbs.

And I see there’s still the usual personal attacks and obsession with other stocks that anyone who hasn’t swallowed the rampers Kool Aid have to say. Note none of the rampers appear to hold any other shares - the risk management gurus have instead gone all in on a Mongolian producer that can afford to get to break even production. Well played lads :)

Wow you really can’t help yourselves. Just the 5 specific mentions of me and some not thinly veiled ones too.

Filtering is great, but less so when you come on every day asking about what the people you’ve filtered have said. Or coming on to say the people you’ve filtered are lying (despite not knowing what’s been said).

I just think they’ll be a raise and I’ve explained why. I’m not trying to talk it down for a cheaper entry any more than I was when the same accusation was made at 1.30, 2.50 etc etc.

People like Dozzawba are entitled to disagree with the posts they can’t read but it’s noteworthy there’s no logic whatsoever to his insistence there won’t be one. He had the same arguments a year ago, as did investor and here we are again.

The company had the opportunity to clarify there would be no raise at the AGM. Instead they passed a resolution specifically allowing a massive raise. Take the hint!

Happy to reset the same deal - just try harder not to obsess about me.

Excellent figures - how so?

FS2019 that they couldn’t get funded used copper 3.30lb and had an IRR of 19%

Fs2023 that they couldn’t get funded used copper 3.98lb and had an IRR of 21%

Today they’re used copper at 4.50lb and the IRR is 17%.

I’ve no issue with the copper price used btw. Simply highlighting that whilst copper has gone up 36% the IRR has fallen to the lowest of all 3 studies.

We’ll leave the fact the cash is again about to run out for another day.

Happy to reset that offer lads / I won’t post again till the raise. Same rules - just stop keep being my name up.

Someone be sure to let investor know - he’s the worst for randomly goading, usually whilst whining about being goaded.

Cheers

“PARTNERSHIP for 'Accelerated Block Development - after all nonsense of major raise for development wells”

I just told you how much 4-6 producing wells would cost. You insisted, in that usual gibberish style of using CAPITALS and ‘made up quotes’ that the company was “FULLY FUNDED for growth”.

You insisted there would be no raise because we had DQE as a JV partner, you insisted we had RBL (then MB said we we don’t), you instead we had a soft loan and you insisted there would be no raise.

And here we are with a company telling us they can’t afford / don’t want to fund any more producing wells this year.

I agree with you there won’t be any other producing wells this year. So let’s both bask in that agreement- your were wrong about 2025.

Yes mal I lost money here. You only know that because I told everyone when Gravy (yes, the same guy who logged on today solely to tell you to ignore me) spent one evening asking me personal question after personal question. What a difference a week makes, now he wants me ignored!

As I’m not frightened to admit my mistake(s) here I told everyone. Needless to say many of you took great pleasure in it - understandable in some ways and not an issue, I’m a big boy.

Anyway, boring getting into personal back and forth, especially with people who don’t want to talk about the company.

The most likely next news will be either the raise or an ops update that would probably be a production/ revenue update and possibly a plan for Heron1.

Unless / until master82 says otherwise it doesn’t sound like any work is currently taking place - hence being intrigued as to what RNS Thorn was expecting a 60% rise from.

Gravy’s typical of someone who admitted he was down and then got so worked up / insecure he went onto another board to lie about it. Shows how rattled some are.

Imagine Mrs Gravy asking a him why he’s posting on another board - “err a man posted some research / opinions on MATD that I don’t agree with so I’m trying to punish him”. A grown man behaving like that!

And gravy and his ill never offer insight, research or analysis. Just here to name call interspersed with the occasional lie about how much time and money they’ve lost here.

Blind faith.

I’m sure some people did average down again. I’m very confident thorn didn’t double down, because unless I’m mistaken he said he would buy more. But not at 1.25 and I’d be staggered if he brought his average down to the extent he’s in profit. Do I know that for a fact - absolutely not. I shouldn’t have said it to be honest as it’s irrelevant other than to again highlight who is fibbing out of insecurity. I’d rather talk about the company but there’s very little adult chat on that front. Just the usual fellas calling everyone liars and making things up.

The good news is it’s all documented and if / when the raise comes they’ll have to pivot to another new position, as happened after the massive AGM announcement that never came.

“ 3 months ago to the day (Feb 6th) the SP bottomed out at 1.25p.

Well done anyone, like me, who saw that the fundamentals were strong and doubled down.“

Another one claiming to they averaged down right at the bottom. Weird how none of these buys get announced at the time but the higher up ones do.

I can state with huge confidence thorn didn’t “double” down, his average will be above today’s price. Nothing wrong with believing it’ll come good (even if you have to post rationalise when the predicted 4/6 wells gets binned) but says a lot you people have to lie about your investments.

I do indeed know what I’ve said and the beauty of the internet is it’s all there for everyone to see too. Same with your posts and lie after lie, ramp after ramp.

Never did see all those 10million block buys from your made up mares. Fingers crossed you’ll disappear again after this years raise like I’m told you did last year.