Member Info for BPat890

140% up over the year isn’t too shabby y’all

And what’s more there were just 180 million shares in issue back then. Now there’s 1.5 billion! 😆

MATD share price was 190p+ in 2011 and now just 1.25p and still reliant on shareholders drip feeding money in here through placings..

Three posts aimed at me because you’re sweating over the losses here.

Hummingbird I don’t hold but I appreciate your concern. I am relatively comfortable with my massive wins elsewhere though. Your entire posting history is on MATD, a share that has only ever fallen and is worth less than 1% of what it was worth around a decade ago. Ouch!

Didn’t they raise $9 million from gullible souls recently? It’s a bit disconcerting the numbers flagged in the recent update were just $600k net to MATD, hardly the stuff of dreams. Might help pay the next licence before an inevitable raise to drill it

It’s a thrill seeing the price of gold break through highs on a daily! Futures up to $2,876 at one point! At this rate they will be testing $3,000 by middle of next month

There’s a lot can happen between now and £2+ later by December year-end. I worry about hostile takeover approaches more these days, with gold going ballistic

Delusional thinking people are being paid to deramp here. To what end? Lower entry they might say. But the stock only ever goes down so why buy at all. Mass dilution and a squandering of investor proceeds means there is little appetite left and the inevitable placings will continue at whatever price. Every chancer in this industry relies on FOMO “Maybe they will strike it lucky with the next well”.. but it’s been a decade of misses here..

MATD is a bottomless pit for investor coffers so it is weird it’s attracted a fangirl club that spend all their time here.

1,300+ posts in 4 months Teabagger. It’s not going well is it?

Picked up a few more in anticipation of further improvement to the basket price going forward.

Palladium price shot up 6% today! Tariffs and friction to trade of pgms increased with Trump’s re-election and may be behind the sudden surge in demand. Supply of palladium and particularly rarer metals like rhodium has always been constrained so expect further buyer demand on fears of retaliatory trade tariffs

Anybody know is their primary revenue source for 2025 forecast to be via share placings or is the intention to pay group costs from sale of investments? It seems more likely the former at this early stage and given their successes to date being reinvested. Exciting space to be in although a tad wary of over exposing to AI after the recent Chinese breakthrough sent tech shares tumbling

Nicely up this month, particularly in the last few sessions. Palladium and platinum futures briefly trading at parity, prices around 10% up since end of last year.

Norway may not be the right spot but i still think future opportunities will be focused abroad.

There just isn’t the incentives to invest tens of millions into producing North Sea assets.

Needs this government removing at the next election before anything taking any long term decisions. With luck the polls are showing this is likely at the moment but it may not be enough to take a punt on buying up old North Sea wells..

“We are also actively screening multiple M&A opportunities to grow and diversify our business.”

Long term holders should be better able to balance the risks and rewards, three sizeable dividend payment distributions received not too long ago.

In terms of capex requirements, $30-40 million to initial production is about as cheap as it gets really. Payback of 3 years using 2023 estimates, ie a gold price far below the current price which should tell us the early years will return capital costs quicker. And this shouldn’t impact Ariana, rather the capital funding should come at project level which was the preferred option for our Turkish ventures.

It appears investors are taking chips off the table following the change in risk / reward going forward. 2024 results as a whole were fine. Q4 figures cast doubt on previous guidance though and haven’t been addressed.

Companies that borrowed too much at high rates are capped until they demonstrate a clear route to loan completion. The timeline here now appears to have been pushed out further with the company exploring longer term financing, that may indicate margins are not likely to return to H1 2024 levels nor the previously announced 2026 guidance level.

£1 billion market value still factors a lot of good will in until the board reveal updated forecasts.

I will take the 120% yearly gains over a double digit dividend yield any day. Pan African could be bought out tomorrow for 50p and it would still be a bargain.

There was a piece in the Spectator about Labour’s falling out with Musk. Would love to see Trump bring Elon Musk along to the next face to face and make Starmer squirm

The bit about higher than expected stabilised flow rates being achievable, maybe.

These guys have been kicking around in the mud for year without anything to show for it.

I don’t remember any Western countries deploying the military to apprehend board members of listed companies. Not in recent memory anyway.

@Punter64 - I laughed earlier reading your comment comparing their stance to that of Elon Musk. For starters he goes after fake news which is exactly what you are posting here. Elon Musk is most notably an advocate of the truth which requires a degree of objective thinking and appraisal.

It won’t be lost on fellow holders that every single one of your posts comes with the opinion manually changed to ‘Strong Sell’ 😂