Member Info for Doc83

And yet there has been consistent big block selling!

"I see one of the greenbox mushrooms is trying the old 'single big seller' scare tactic again"

Not a scare tactic. But it's absolutely one large seller or something more sinister. It's quite clear, a sudden and dramtic flurry of sells, all within minutes or even seconds of each other, and always in round blocks of 200, 250, 500k etc.

When people are found out, they often use the 'best form of defence is attack' mode. I33, you've been found out.

Investor, just admit you were misleading people or stand by your "early part of the year" SP uplift prediction.

What?! Early part of the year would suggest Jan-March?

Investor33 (17th December): "This share is seasonal, and will start an upward trajectory sometime in the first few months of the year as usual."

First few months is early in the year, no?

I33 - at least we have your guaranteed early year SP rise to look forward to.

"I intend to hold or accumulate more."

Please do. Because sells are heavily outnumbering buys.

And that's not counting the 1m and 500k. 4m shares dropped in a blink?

Is that enough for you, Thornogson?

Wow...

16-Jan-25 08:33:59 1.40 250,000 Sell* 1.40 1.50 3,500 O

16-Jan-25 08:33:56 1.40 250,000 Sell* 1.40 1.50 3,500 O

16-Jan-25 08:31:23 1.422 100,000 Sell* 1.40 1.50 1,422 O

16-Jan-25 08:23:56 1.50 250,000 Sell* 1.50 1.60 3,750 O

16-Jan-25 08:23:49 1.50 200,000 Sell* 1.50 1.60 3,000 O

16-Jan-25 08:23:44 1.50 200,000 Sell* 1.50 1.60 3,000 O

16-Jan-25 08:23:32 1.50 250,000 Sell* 1.50 1.60 3,750 O

16-Jan-25 08:23:26 1.50 200,000 Sell* 1.50 1.60 3,000 O

Mike, don’t believe anyone who can’t get their you’re and yours right!

Best to come up with some sensible figures and then halve them.

Jeez, 1.37p.

Honestly, this company!

Seriously now, the only way such shares significantly rerate is if there massive hype and FOMO. It’s clear everyone here has their fill of MATD and isn’t prepared to buy any further shares. So you need to blood. The traders and newbies aren’t interested in 200 bopd… you could probably find a barren field and shove a pitch fork in and get more oil spewing out. No, it needs a tremendous catalyst like a new oil strike. That’s why I said Gobi was our best hope. That might still come good but it doesn’t look that way currently.

In the meantime, any slither of half positive news will continue to be sold into. And MB will surely be concerned as funds clearly need to be raised with this new block we’ve been “awarded”. $14m commitment of spend on it? Hmm, Heron 1, 2, 3 revenues etc we know have to be ploughed back into Heron field development and to pay wages. So it will absolutely be a raise, but he just can’t do it when the SP is where it is. It would mean SP decimation and wipeout for LTHs.

Wigster, quite right.

So, on the back of this stellar RNS, we’ve had ~8,000 shares purchased.

1,000,000 share sell. From our seller or just a LTH giving up?

WOS, was your estimate for $1.2m of revenue so far massively out, like by 100%?! Maybe if you admit you were wrong once in a while…?

“Like I say - For ones who can read RNS !)”

Clever ones read between the lines.

WOS at 6am: “If we look at 83 day production (so far) -

300 (bbl a day) x $82bbl x 83 days ÷2 (PSC etc) = $1.2M Cash injection ready (so far & approx)!!”

LOL,

RNS at 7am, less than 200 bopd average and $600k. That’s what the company have put in their RNS, yes, reread it.

I’m actually pleasantly surprised on one hand that the deal seems to have been agreed between PC/MG. On the other hand, production is at the low end, even below 200 bopd level.

Oh, and it looks like we’ve signed up for $14m of new exploration and no mention of renewables, which will undoubtedly be a cost.

I don’t know which way the SP will go today.

“Much easier to show support when the option is a 45% discount.”

Even easier to show support when it means the company failing if you don’t!

Anyway, we’ve done this one to death. Facts? Middle of January, still no RNS despite WOS saying weeks ago it was imminent. Or was it immanant? Regardless, I see that as concerning… if there was materially good news, they’d have to RNS it.

What a shower. And RM said to judge him on this!

Delisting IMO is the end. Certainly you won’t be able to sell, it will be on a matched bargain basis if at all.

I suppose if they come good you might still get something back. But the regulatory burden will be massively reduced so forget useful AGMs and Q&A’s. A write off.

"Talk of a raise 16mill at a penny is just lazy scaremongering and nothing more"

I really hope that comment doesn't come back and bite you on the ar5e...I really do.