Member Info for Doc83

Furry, the MMs must have taken too much into their books.

Invesotr33, do you ever take into consideration the fact we now have 100's millions more shares in issue than we did in the past?

WOS, if it’s now as easy as looking at resistance points, what will the SP be today?

“ *Daily SP Predictions? No interest - 1.90p easy to see as Resistance on Monthly timeframe (have look) just as other levels can be see”

Sour grapes, WOS! How many predictions have you made over the years!? 99% of them 99% out 😂

Prediction today…hmm, 2.15p. Surely we won’t do the usual and drift backwards after what was positive news. And MB really needs this SP up to do the raise.

Thornogson, re the sand screens, I’m sure our resident oil expert will confirm but a quick read seems to confirm what you’re saying. CoS also pretty high. Increase in productivity apparently anywhere between 20-200% with the high number attributable to ceramic sand screens which look more expensive and high end. I have no idea what we’ll be using but cheaper expendable and standalone screens seem to yield more like 20-50% increase.

Any increase will do right now. But aren’t our struggles also with the gas? Hopefully, they can sort it all out and at least get H1 to 400. We need a consistent and steady flow of positive RNS’s now.

“He's been thrilled that it slipped from its high of the day, even though a modicum of investigation would reveal that the price of oil slipped quite sharply in the afternoon”

This just gets better. So oil falls ~2% and that was the cause of us falling back from 2.4p to 1.9p, circa 20%. Investor, please just stop.

Master82, what people on here fail to understand is that I’ve been more critical of MG and PC and governors, than MATD. You on the other hand have been very critical of MATD and management. More of a company basher than I’ve been, for sure.

Scrambling?! That’s Investor33. But either way, my SP prediction was a bit closer than your $5-10m of winter revenue 😉

But you guys will never be happy. I called a ~20% rise pre market and potentially for us to drift higher from here FFS, and I’m still a stockbasher 😂

“I see investor has been lying again. Docs SP prediction was made pre opening.”

Indeed. He’s been lying all day.

And now this corker:

“To be clear - the share price did not finish at 1.90p as Doc83 falsely claimed. That was the bid price. It officially finished at the mid price which is 1.925 as shown in the info at the top of this page.”

That really is sour grapes! As holders, it’s the bid price that matters. But if you really want, then yes, I was 0.025p out 😂

Where did Investor33 go? Perhaps he is still searching through my history. Anyway, this was the thread and post of the day:

“So now there's a liquidity problem, due to the sudden increase in demand. If the MMs are out of stock, and there are not enough sellers, then the MMs can only deal with it one way - raise the price sharply so as to increase the liquidity.

That's what happens with stocks which normally have extremely low volume. An imbalance between supply and demand can happen very quickly, and launch the share”

Immediately as he created this thread and posted this, the SP fell and never recovered back to that level 😂

Master, I don’t have any proof but what the hell, I’ll join in too - you’re not invested either! 🤦‍♂️💤

Master82, and there was me defending you the other week!

What exactly have I said that was crap? Or do you think I’m part of the MM’s because I got the price prediction today absolutely spot on?

Maybe because they were laced with profanities?! But I can assure you, I didn't report them.

Anyway, gold star for me with my 1.9p prediction.

"Why anyone would talk to you is beyond me"

I don't know if you noticed, but you keep talking to me. LOL.

Thornogson, absolutely yes.

Just answer the question!

TBT, remind me again - what exactly is going to "massively rerate" the SP? Just so I know what RNS to really get excited about. Cheers.

“ (MMs) Have dropped it to load shares and hit stop losses”

Straight from the day traders ramping playbook! Get caught buying at 2.4p, Sam?

Thorno, I hope so. We're well overdue a good run. It's been 9 months of generally down.

And wouldn't it be nice if for once the SP pushes on into the afternoon. It always seems to start well and then very quickly fizzle out.

I know I predicted 1.9p close. But I'd much prefer more.

WOS, now is the time for those imaginary friends of yours to be buying 1m blocks.

Now things have settled down, my thoughts on the RNS today...

Good news. Great news. As I said last week, I was leaning towards the delays being PC simply being slow, but it is a huge relief to finally have it signed. Still no payment, but I don't think they'll be any issues us now getting paid for our oil going forward.

So what next? I am still confident MB will raise. IF the SP can stabilise around 3p, or even 2.5p, I don't think he'll be able to resist a raise. 640m shares at 1.5-2p will give enough cash to get another two wells up and running and "accelerate" development of Heron.

I have no idea what will happen with increasing Heron 1 and 2. Hopefully, we can get Heron 1 to at least 400 bopd. Heron 2, gut feeling only, it's probably a dud.

Gobi, Gazelle, or red herrings.

All IMHO, don't let your BP spike too hard!

"Doc has been wrong about nearly everything so far ;

- Said that the LP wouldn't be granted. WRONG. YOU'RE LISTENING TO WOS's NONSENSE. PLEASE FIND WHERE I SAID THIS.

- Said that we would likely have a raise/consolidation this year - wrong according to what was said in the last AGM, and so far this year. WE'RE STILL IN APRIL, BIT EARLY TO SAY I WAS WRONG HERE. STILL MAINTAIN WE'LL HAVE A RAISE.

- Said that the 25 year licence was unimportant - yet we have been having JV/takeover talks which no doubt have been in no small measure made possible down to this consent being granted. AGAIN, PLEASE FIND THIS DIRECT QUOTE? I RECALL SAYING SOMETHING ALONG THE LINES THAT IT WASN'T THE MOST IMPORTANT THING AT THE TIME, AND MAINTAIN THAT.

- Said that there must be a big problem with the sales signature, and that PC must be trying to screw the company. Wrong again." WRONG. I SAID JUST LAST WEEK THAT I WAS ERRING TOWARDS IT SIMPLY BEING PC BEING TARDY.

Do try harder.