Member Info for badprophet

So is MATD a "going concern" or not?

There won't be a sale/JV this year - it would take too long for the MG to approve it.

It's potter on low key or fold.

//He needs to go immediately he is a Geologist not a CEO//

And not a very good geologist either counting up the number of his dusters!

Will those who took part in the raise at 2p and have seen their "investment" (let's call it a gamble) wither be keen to go again? I'm not - Buck gets no more of my cash - he would just waste it.

//Capiche//

Ending an English lesson with "capiche" - stupido!

//Iran has voted//

Really? - when did Iran ever have a vote that wasn't pre-determined!

//but it's not uncommon to see premiums in the range of 30% to 70% or even higher//

It would need to be 100% plus to get many of here back to break even!

//This is only going to start ww3.//

Who will be fighting WW3? Are Russia & China gonna support the Ayatollah's Iran militarily?

I33 //The last big green bullish candle was in late May last year when the share price hit just over 5p.

The historical chart shows a peak of 4.5p on the 4 June 2024. If it ever did exceed 5p it was only momentary & probably not on the bid price.

//Small upfront payment in cash//

Which way? LOL

Me too.

Anyway - what was Isle of Man bullcrap all about? Just a jolly to try to keep the (then) MG politicos onside. Pathetic.

Investor33 is a busted flush. He based his ramping prediction on historic charts and has been proved spectacularly wrong. Maybe he should just apologise & slink away. (and some others - Oh! WOS has already done so under his earlier incarnation!)

I'm overnighting a package to MB in Singapore, contents - a rabbit & a hat! LOL

//The issue has been horrific bureaucracy and corruption. Sadly, IMO, they're just not going to allow MATD to succeed.//

I don't think it's a case of not allowing - they would be happy for MATD to succeed IF it could deliver the oil that MG needs. It's quite evident that MATD cannot summon up the resources to fully develop any oil field - which will require £100's of millions of investment.

I think I mentioned 2 options a long while ago - takeover or go bust. Still both possible, hope the former but fear the latter.

//. I doubt the calculations from Matad claiming x millions barrels of oil underground is even accurate.//

So do I.

//and have more wells coming on line later this month.//

where did you get this fascinating snippet of information?

//Imagine buying at 2.4p not long ago.//

I was gonna sell all at 5p before last year's raise & it didn't quite make it on the bid.

I was gonna sell all earlier this year at 2.5p & it didn't quite make it on the bid.

I've now set my sell price at 2p - what's the betting in never gets there?

This share is bloody hard work - I'll be glad when I'm shot of it!

//t would like to express my thanks for everything achieved to date.//

What's been achieved to date is turning £170 million into £20 million...

Maybe I33's algos will kick in with mega buys?

Another SP dampener?