Member Info for Doc83

Oh come on, TBT. Just tell us what evidence you have that means you know for a fact?!

“1 of the 3 entitled interested in MATD have employed a group of paid stock bashers to drive the SP down , spread fud and encourage sellers.

***I know this for a fact***”

Really? For a fact?!

Please do tell us all what evidence you have???

So we might get 3p now and another penny in 18 months? I'd take that right now.

"Is it the rise in GMET that is driving the rise in POW "

I think so. GMET market cap up £6m? So around £1m for us.

A private placing for Petrovis would be even more shocking. No chance for the regular PI to take part.

"Care to flesh that out a bit Doc?"

Sure.

Soco got $30m upfront, pretty well our market cap now, i.e. 1.5p per share. They then got another $10m 18 months later, i.e. 0.5p per share. The remainder was paid 10 years later after court proceedings. In 10 years, I reckon a few here will be 6ft under.

So, as per my previous post, not a deal most of us would like.

Adw, the first payment would be broadly equivalent to the current SP, still far below most peoples average. Then another say 0.5p 18 months later. Then the final payment probably long after we're dead!

That would not be great and I think everyone would be disappointed with that.

Oh, and RealProTrader has absolutely been under a different name!

"For balance the details of the sale were as follows:-

1. $30m on completion of sale

2. $10m 18 months following completion

3. $53m on production exceeding 27.8m barrels.

The last payment was 10 years after completion and SOCO had to commence court proceedings to recover the monies.

It shows how PC drive a hard bargain."

Yes, the Soco deal was pretty shi.te IMO. Not one we'd want.

Nice to see the SP continuing to rise today.

Thanks again to Manlord for another bunch of excellent posts.

“The company has made the quantum leap from explorer to producer.”

That doesn’t necessarily translate into SP performance. As we can clearly see. Just look at TXP… they’ve done so great things from absolutely zero, and the SP post discovery is at all time lows!

“If raised at 1.2-1.3p, that’s quite a dilution!”

No chance a raise would be at only a 20% discount. The 3 previous raises have been at 40-50%, and things were looking far rosier back then.

As for selling low buying and buying high, as it stands, I’ve sold a good chunk of my holding high.

As someone said previously, if there’s any uncertainty you ring the Mongolian equivalent of the HMRC hotline. Or even MRPAM.

It should be extremely quick to resolve. But it hasn’t happened. Concerning.

A few more bought for me. 19th on the AIM riser board. 11.70/12.20, hopefully we can continue the steady rise.

Results hopefully in August, so could be an exciting summer.

Thanks, ML and Ageos.

I think someone said it was called "karma"?

"If MATD is so useless, move on."

No chance. You and others have been such arrogant, rude fukks for months/years, now it's time for you to have a bit back.

Some of the abuse taken from not having a 10000% rose-tinted view has been disgraceful.

Celery, it is always darkest before dawn...

Good work going on behind the scenes at POW. We shouldn't need to raise cash for a very long time, which is the curse of AIM stocks. We also should be entering a news rich period.

Niceto Michu - WOS won't return until after the raise. That's how he works!