Member Info for Doc83

Nope, don’t get that at all!

Stop being so insecure about your investment. Fretting because some posters might not be as positive as you are, laughable.

"Like I say - Karma know and will let Karma deal with You!"

Karma is dealing with me by making MATD 2.3p.

The possibility of MATD having some sudden rerate to 10p+ is gone now that Gobi wasn't the big hit we were hoping for.

"You did get CAUGHT boasting about BUYING stock at same time as Talking it DOWN on BB!"

I've always maintained I've never sold a single share and also that while I might be negative on a stock or situation, you can still make money from it, the capital raise being a good example.

"When others ask you to explain you say "All is Fair in Love and War" with smiling emoji!"

Please find where I used a smiling emoji when saying this?

"you say desist or you will "MASSACRE" Petro Matad BB."

I did say this, but then realised there are good people on here, and why stoop down to your gutter level.

You keep going, WOS. The sensible members on here know what a fool you are!

"At least I do not spread LIES on BB Buying while talking share down - what did you say when you get exposed for this? - "ALL IS FAIR IN LOVE & WAR""

You're very good at cherry picking parts of a quote, but not the full quote. For the newbies, WOS was going over to other boards to criticise members on here and disrupt. At best, childish. At worst, a bit psycho! I said "all is fair in love and war but we keep it on the MATD board".

"Is Synairgen back on the road?"

Yes, but I think the repair bill might have wiped out current shareholders. We'll know in a few weeks.

L200, I’ve told him many times that Google simply shows the last confirmed trade and its price. But he’s an amateur so not much you can do.

Is that the LP you said would boom rerate us to 10-15p?! 🤦‍♂️😂

Think some people should learn not to make predictions… makes them look very silly when they’re continually wrong… BOOM 😂

Josh, that’s really very boring now. We’ve just had the AGM and know we need to wait a few weeks at least for the next update.

It doesn’t matter how big the petrovis soft loan facility is. We’ll never use it.

“In accordance with the 2023 annual report (on PM Website) Mike Buck earned $559k in pay and benefits in 2023.”

Which is why it’s laughable when WOS bangs on about how he’s put $100k in must mean he knows something. It’s a pittance compared to what he earns out of MATD.

Assume our oil is sold at $75.

Abzzba- can you give me your calculations including the Mongolian Government getting their slice? And also costs/salaries/processing costs to PC etc.

In summary, what PROFIT you think each well will give.

Mani - I don’t think it will be £50m. SS shot down that suggestion from one fellow investor. My guess, £20-30m. Still potentially horrific dilution but let’s see what they come up with. I suppose there could be some way of structuring it that might not be so catastrophic for current holders.

Yes, and the way they were talking very much said to me they have this underwritten. I do hope that current investors have a chance to take up as many shares as they want (up to the % they have of the overall company) and that it isn’t a case that PI’s will be allocated a paltry amount like £1m worth and suffer be scaled back. That would be very offside and not in keeping with Simon Shaw’s promise to look after existing investors but does usually happen.

Proquo, completely agree that there is so much guesswork here for all investors and I think that’s another big reason for the SP languishing where it is.

DocD - just to clarify, I’m very disappointed with the situation we find ourselves. But with regards to deciding whether to take part in this new raise, that is where we probably need to take the emotion out of it and judge it on its merits and whether it’s worth investing in from here. But yes, our current investment I consider all but wiped out. Forever.

“He keeps stating $35 per barrel profit, no idea how he reaches this figure”

His figure given was based on an oil price of $75. China pay 5-10% less as confirmed by MB. Then when up to full production and any losses paid back, I believe the MG get up to 45%, so roughly half. Then factor in costs for running the Heron sites. Salaries etc. Actually, it’s probably less than $35!

Does that help, abzzba?

“Interesting - 50M is not a figure the company have given or committed to. It sounds, from that comment, like it could be quite a bit less (and very unlikely to be more)?”

Fruits, that was certainly the impression I got from Simon Shaw’s response. And my question that TFG must be on board and committed to any raise, while told they couldn’t confirm that to me, I see as common sense they’d have sought TFG’s buy in first.

Also a quick note on MPB. He is very different to SS but seemed very assured and clearly has good pedigree. Again, you’d like to think he knows something we don’t/has assurances, otherwise this will be a very quick waste of his time.

So yes, Synairgen will continue to exist for the foreseeable but the big question now - at what cost to current shareholders? I did say post AGM to some other members that we almost need to look at this as a brand new investment and judge it on the here and now.

Finally, a quick shout out to some members I met for the first time this year, the likes of Dippfs, Brand and others. All great people and we deserve this to be successful.