Member Info for djm1

Well i think its fair to say we can all see how much the new investor relations company have moved things forward already! I hope they are on a trial period. I didn't think that Malcy would be so placid after basically highlighting how poor investor relations were previously and here he is getting in on the act. When will the company draw a line under this farce and update the market? Even 38 has come to a standstill it seems. Still miffed.

oh ;( i hope he counts better than PH does PR.

some of those monkeys are still here.

It would be great if Block were as busy as this board is. The lack of news is wearing on everyone's nerves. Mine included. We can only speculate re the interview and whether it has real significance. If its another puff piece then i and i suspect most others will be livid. I think Block will know this so there is some hope, and in light of Malcys comments previously PH would be a fool to go on with no news to talk about. I don't think Malcy would have used the words good interview in his comments if something were not forthcoming. We know there is a lot to come here with 16az only part of the picture but i'm underwater here so i'm miffed.

Anyone know when this will be aired? Thanks. I cant imagine what PH is gonna say without an RNS first, i hope Malcy tears him a new ++++hole, he deserves it. No 3d , no bago and no spud and no apology. They have lead investors a merry dance and need to turn the corner in to some consistent delivery even if it is at a slower pace.

Nomora what cashburn on 16az ? What for? its producing oil which is being stored for bulk sales.Block has been selling oil for some time both in country and internationally. I know you like facts. Nomora of your BS.

It seems that it has almost become an accepted fact that 16az needs remediation , you are dancing to Mike 31s tune. he has slipped that in there as fact yet refuses to believe the company on the 300bopd and rising the chairman stated in interview, repeatedly inferring he thinks them liars and cheaters. So when he blithely talks about the company's dishonesty he is slyly pushing a narrative with no known factual support. Again his last post talks about "we" but poke him and his spiteful side comes to the fore and its back to "you". He talks about the board having achieved little but we are about to spud 38 and With the infrastructure falling in to place 38 to 30 could happen quite quickly,as PH clearly stated bodies were being brought on board to ramp up the programme, block is a small company after all. So lots of negativity that can easily be spun the other way. His inconsistency is my concern, trying to sound plausible and reasoned but why would you be here if you don't hold and expect it to go down??

Mike 31 you said that before and it was a matter of hours before you were back. So its clear you have an agenda here. Strange behaviour. But please don,t let any of us stop you. We might run a sweep to see how long it takes you to come back. Then when you do we can all laugh at your expense, although laughing at people who are not normal isn't nice, we will make an exception for you.

No not you MM, Mike 31.

its not a comment its a question. If you think PH is a cheater, why are you still here? You got out with a fantastic result so why are you still here spreading your hate of PH and the company and talking up Matad, on a daily basis. Its odd behaviour.

So why are you here?

More trades than posts today, its been the other way round for some time! Which when you think about it is pretty grim!!

Spud on 38 and a bago deal are imminent and people coming back from holiday will keep this from the 5s. The spud tells me lessons from 16az have been learnt and will be applied. Longer liner being used, its going to be tense!!!

sorry should read infrastructure . 16az is a real dog. Some utter tools on here today. but they are amusing to read. they must suspect a good Rns soon.

so now it's gospel that 16az is a swimming pool and needs water wings costing 350million.. ..it's the first well in the field to have been reworked using 70s and 80s tech and information that would not be accepted by modern standards. takes 30 days to payback and has a nice little gas cherry on top with someone else putting in the ones structure

Mike 31 you are sounding more and more unhinged, bitter and childish. Only a couple of days ago it was "we" ,like you had some solidarity with other holders here but its back to rubbishing this share and trying to wind up holders here. Is you're life really so empty you choose to come here to talk ****e... Block nearly dead.... you flounced out saying you were off when i pointed out that calling people liars on a public forum wasn't clever, it took about 12 hours for you to come back. I sincerely think your behaviour isn't normal. You've stated twice now that you warned us all that this was a dud, why should we listen to you? Who are you? You seem genuinely peed off we are not all taking your advice. For all we know you could be Trigger's dumber brother. Spare yourself the grief and move on. If you believe in Matd so much you must believe better things are around the corner.

some people on here think 16az might be a duster even though an RNS has confirmed a flow rate of 300bopd and the chairman confirming it and stating its increasing. How very bizarre.

Can anything be inferred from the rig mobilization? Yes i believe so, would block move forward if they did not believe they could get a result from WR38? After everything that has happened they must be confident that they can, the storm around 16az has been raging for more than 2 months and the share price has been hammered, it would be crazy for them to move forward if they were not confident of doing a better job than 16az. 16Az has been in production nearly 50 days now and was increasing according to the Chairman ( who probably did not enjoy being put in front of the cameras and having to state his credentials like his first job interview). So lessons on both PR and well performance must have been learnt, progress on the Gas deal and the amount of oil stored to sell both further advanced. On the oil storage 5000 tonnes should take circa 122 days at 300 bopd, 1 tonne = circa 7.33 us barrels from google. At Brent - $9, that's $5,500,000 per year before government adjustments and overheads. Is that so bad before gas, a few extra bopd from 16az, and at least one extra well producing before the end of the year? I have not read anybody hazard a guess as to where 16az will end up at. Does anybody have knowledge on what step increments to the flow rate the company might attempt? Would you step in increments of 10, 25, 50 barrels a day? On what time frame? Every week? 10 days? If anybody has knowledge that would be interesting to know. Thanks

Mike if you are so convinced it's bad news why are you here? one minute it's we and then it's you. you contradict yourself. do you not realise that people are using real money and in many cases to improve the lives of their families but your ego demands you sit there all day goading those people hoping they lose money so you can feel smug. That's not normal you might want to consider getting some help.

Madman, i wonder with all the different activities currently being juggled if things are not too fluid to produce the Q and A guide promised, it was a rather important piece of info re the gas revealed by Block this morning, after the debacle of the recent interviews i cant imagine nobody has learnt anything re communications now, certainly if the deal still has weeks to run before being signed.