Member Info for Doc83

"If l don’t think it’ll never re rate why are you here? It’s laughable really. It’s illogical."

It's not illogical at all. Situations/circumstances are continually changing with investments that you need might need to reassess whether or not you should continue holding. MATD more so than most. That's what I'm doing.

Now what's really bizarre is why one person creates multiple different accounts and pretends to be someone else!!!

I think we're going to see production. And I think we're going to see revenue. I'm not so sure we'll see a "massive rerate". I can't tell you how much I want you to be able to tell me I told you so in a few months time.

TBT - you don't agree with me in the slightest?

We've had extremely positive news yet the SP has gone down. I am indeed asking myself, what will move this SP if the recent news we've had doesn't.

We've just had an RNS telling us the Mongols have moved the goalposts for us, with no construction permits now needed, a real show of support that we've never had before. That was beyond my wildest expectations, yet it's done nothing for the SP.

Adw, all of those are fully expected and I would argue should be well priced in at this stage?

Jojoba, I'd argue we are expecting a flow rate similar to Heron 1. And MB has said the term with PC are in line with expectations. Both are nothing like as positive as some of the RNS's we've had recently, IMO.

"We’ve seen a massive positive change in recent months. A very accommodating government and local community. The historic issues are in the past now. But everyone needs to make their own mind up. A massive re rate is coming imo

Agree with the first part. We are in a much stronger position now, better than ever. But what is going to be the catalyst for a massive rerate when we've already had such good news already, and it's not done a jot for the SP?

TBT, why would the PSC be redrafted? Do you mean to more favourable terms for MATD?

Potential. That’s the key word here. And also if any positive outcomes will be reflected in the SP, which thus far, they haven’t.

Well done Gkahn.

I was just trying to locate it myself and came across the Velociraptor details. Quite punitive for less than 5000 bopd. It’s all about getting production right up so that these “agreements” become a bit more palatable.

Has to be Gigi!

Anyway, completely separately to the current conversation, I’m aware Miton UK Microcap (MINI) have an annual redemption facility. A quite shocking 40% of shareholders decided to put in redemption requests. In summary, MINI will have to/had to sell stock they hold to pay back shareholders. As a holder of MATD, they’ll likely have to/had to sell some or all of their holding to raise the cash. It might be one of the reasons for the pressure on the SP.

I suppose looking on the bright side, the fact there’s so much dross still on the board (and more still arriving!) means if there is some half decent news we might eventually get a decent pump going on the SP!

Pull the other one. You’ve clearly been here/still here using another name 🙄

Hamm, you disgrace. Just bore off.

TenBagTag - what was your previous name?

"It's completely in the bag for me."

I probably wouldn't go quite that far, but I agree it looks positive. The big question is: will it be reflected in the SP?

LondonSuede - I'm long.

There's just no need to deliberately mislead investors.

"Just remember SP reached 35p during winter season in 2017."

Yes, with a gazillion less shares in issue! It's completely irrelevant to compare then to now.

"Says doc, who has in excess of 200 this month alone"

But I'm not the one claiming we're all "wasting our lives" on here!

Says Jojoba who has 70 posts in less than a month.