Member Info for Doc83

"Sound advice. It seems to be what everyone else is doing."

Indeed. Not one buy today :/

Considering that the MG presumably aren't getting paid like MATD, you'd like to think they'll be pushing PC along. But seriously, it's already been weeks and would you bet the mortgage on us getting their signature in February, given we're 3/4 the way through the month already?

So we're good for a t least 4.7p this year???

On PC's hit rate and production levels per well, I asked the other day but I'm sure someone on here posted some very useful information just on this some weeks back... anyone else recall? You would like to think we'd be similar, so perhaps from there can sensibly forecast what might be achievable and at what cost, rather than simply saying we'll have a £2 billion market cap in a few years!

I hope so, Thorn. But why the increase from 33% to 43% re the ability to issue shares/raise money?

“Bear in mind that Doc thought that the local access would never happen - ever the cynic”

Did I really say this? Or are you listening to WOS again?

We’ve been a project of national importance for a long time. Yes, the MG seem more supportive but you couldn’t say they’ve exactly rushed things along.

I wouldn’t expect a positive RNS on a Friday, so it looks like we’ll be heading into the last week of February for our “expected signature in February” RNS. Always last minute or late with MATD.

It was Gervais Williams of Miton UK Microcap (MINI). They took part in the 2.5p raise and sold half at or around the peak. No exact price was confirmed but I spoke with him at the time. To my knowledge, they now no longer hold any shares in MATD but I am not sure when they sold these.

I don't think they will. I think the MG will continue to bleed us of every spare cent we have. But TBT saying we own a project of national importance also means that if something did happen to MATD, the MG aren't going to let it just sit there.

No chance. They'd be something in the T&C's that says if PM go bust or can't feasibly extract the oil, they can farm it out to someone else.

TBT, if something bad were to happen to MATD, do you think the MG would let the oil just sit there in the ground? Or do you think they'd award the PSC to someone else?

"Hamm ; I am hoping that Petrovis will simply take on a bigger share of the company, with their shares being purchased at more or less at the current open market price"

Be very careful what you wish for. Having a very large, single shareholder is not necessarily good. Also, you're living in the cuckoo land if you think any raise or issuance of new shares will be at or around the current SP.

Probably as sick as people are of your paranoia and delusion!

But yes, far above.

"The fact doc keeps defending ADW repeatedly is weird."

The fact you keep attacking him is weird, no? Ol' stress head, TBT.

Why is it likely? Because Professional stopped posting after the raise, and then Adw started posting?!

I never got on with Professional, in fact, we had some TBT level disagreements. But I’ve seen him at an AGM and can assure you he is Dutch. You’re all just paranoid or have some serious issues with your imaginations.

Doz - you can’t be happy that WOS tried to mislead with Rio and renewables??? And that even in my time here the SP is about a third of what it was at the start, but the real kicker being we’ve twice as many shares now in issue, so getting back there is so much more difficult.

Cover? You’ve not turned into a paranoid TBT type have you? TBF, I am past the point of caring now with MATD. It’s dragged on for so long now.

Oh gawdy, not another government level meeting and vote! It’ll be winter again before it’s signed if that’s the case 😂

20 market days in Feb. 8 left. Time yet. But history with MATD tells you to take quoted timescales with a pinch of salt.

You’d think in 2025 that the agreement could just be sent to PC to sign via Docusign!

6-12 months I’d guess.

Falklands?

The first alarm bells for me was when Graham asked a tough question of the BOD at the 2022 AGM, post sprinter failure. The death stare RM gave him… it was clear that PI’s were a giant inconvenience for them.