Member Info for Doc83

And Hamm is also a troll.

Gusto, I think most sensible people here realise you are a troll. Super negative, then positive, now back to negative and just repeatedly saying the same "this is sub 1p line".

The fall in SP, which FWIW I think is a touch harsh, is likely because of several reasons:

1. Heron 2 failing is not a good start/sign for the development of the Heron site

2. STILL no PC deal signed off...

3. Therefore currently no oil sales and much needed revenue

4. Potentially more costs to increase flow rate for H1, and maybe to fix H2, as well as developing H3, 4, 5 etc that are now needed more than ever...

5. Leading to concerns over how this will be funded down the line. i.e., Will oil sales from Heron 1 be enough, will we need a raise, loan, dilution of some form?

Communication is key. MB has raised a lot of cash over the years, it was clear at the last Q&A he has no time for the ordinary PI, but if there is no skullduggery at play, he really needs to keep everyone onside because he might need us.

Alibi, as per the RNS:

"We are looking into this as a matter of some urgency, although if surface modifications are needed, these will likely have to wait until after the winter operational shut down"

This was for Heron 1 and potential to increase flow rates. But Heron 2 will clearly also need to wait.

"I would also like to see management put hand in pocket and pick up few £100k of shares themselves."

Yes, some Directors dealing now would be a real show of faith, not like putting some cash into a deeply discounted raise.

"I criticise anyone for selling, especially at a loss"

Even if that loss would've been bigger the next day and beyond? You're not very good at this, Proquo.

Hamm - if there is one person we shouldn't listen to, it's you.

Wouldn't it be ironic if this turns out to be another COPL when TBT, WOS etc have been beating people over the head with it.

Proquo, weren't you and your sidekick criticising Adw for selling out at 1.81p? Oh dear.

Thornogson, will the MG really be that bothered? Let MATD go to the wall financially through bad luck (so to the outside world it wasn't Mongolias fault, "please international companies, still invest here") and then be able to take control of Heron themselves or farm it out to someone else at a better rate and who can't claim $millions back in costs?

We were 20p just in June. I wouldn’t say it’s a lofty target.

“ MB needs to pull his finger out and give a decent interview to steady the ship and assure the market now.”

This ^^^

There are a lot of moving parts with MATD right now. Regular communication is key.

“I haven’t lost any money today tho“

🤦‍♂️😂

“ Amazing these stock pumpers are still out in force?”

Yep, and doubling down it seems! No shame.

It does look overdone. But then the market does seem to get MATD right.

The big worry for me is the continued lack of a formal agreement with PC. And the corruption we know exists in Mongolia and with the Chinese. I wouldn't put it past DQE/PC to have messed up Heron-2 just so the price gets trashed and they can snap us up for nothing.

Is that an all time closing low?

"MRPAM sign off (and RNS) within days"

Is this correct?

Caution that this would be a very slow burn, caution that things can go wrong, caution against anyone listening to your rampy tripe and getting their hopes up. There's certainly no egg on my face!

Proquo, nope, you just don't understand. It explains a lot, though.

Options with a 20p exercise price... I don't mind such an incentive, but 20p is too low IMO.

Proquo, I don't think you understand what having egg on your face means? I've been urging caution to the ridiculous nonsense posted by you and others. I'd say I have the opposite to egg on my face.

But, like everyone else invested here, it's been a chastening day. But I don't expect anything will change here.