Member Info for Doc83

“I see posters here on PERSONAL attacks again”

Says the master of personal insults!!

Can’t wait for you to tell him all this to his face at the next AGM ;)

Remember, it’ll likely be end of June/early July, so no booking a fancy holiday around this time. We don’t want anymore excuses from you.

“- This can include DQE JV and NEW BLOCKS news (this is MAJOR I think).”

But new blocks won’t be explored for many years, so this is likely to have zero impact on the SP ;)

Master - you have been critical in the past of us paying off the locals and it not working. What’s changed?

I’ll not be selling my POW at 1p. Much more news to come here.

“Donate the locals a million £ for their schools or any other need and we will have put LP..”

No.

We have already built them wells, sponsored local sports teams and cleaned up rubbish as gestures of goodwill. Enough is enough. We’ve been patient enough, played the game and paid off the local mobsters.

With £millions at stake, I reckon I could transfer the monies and sign a piece of paper the same day.

Oh dear, WOS. You have exposed yourself!!!

WOS - do you know anything about provisioning in accounts? if we are awarded a block(s) to explore, even if at some future date, it has to be provisioned for. We can go around in circles all day, but the sensible people here know that will be the case.

Mani - they have said they have enough to complete the P2 trials. Now they could be telling porkies and/or the time it is taking could mean funds are depleted and we are unable to afford the P2's through to completion. But I'd be expecting the expensive BOD and hires to take a pay cut first. Simply, there is no way they can get the cash from the market.

"Speculation is build in part of investing - investor do research & analyse risk v holding level."

Agree. But your posts are full of "WILL" "GUARANTEED" "Multibagger!".

"lso when Mr Doc start asking "what if Mike Buck decide to drill New Blocks this year. Again ones whivdud research have to correct him and say CANNOT happen before EL & EIA are complete - again BASIC thing but lack of research from him can cause problem."

Ooo, you do like to try and manipulate - When did I ever say they would drill this year? I did say that be it this year, next year or at some other point in the future, that we are still committing to paying to drill/explore these sites. I hope you are more accurate when doing your research on MATD and relaying it to everyone else here, Chinese/WOS whispers and all ;)

Mani - they'll never get a placing away at these levels, certainly not for working capital and to pay salaries.

"Do not think you really understand about what speculative nature of investing is!"

WOS, are you suggesting MATD is a high risk, speculative investment? And not a low risk, guaranteed winner?

WOS - I'm saying until we get another update from MATD on the finances, it is wise to assume cash will run out end of July. Also, things can change dramatically, for better or worse. And as we know, MB said we were fully funded in December 2022, but 6 weeks later did a raise!

Soubcrew - if you think this board hypes go check out the likes of HE1! This is, on the whole, a very sedate and relatively sensible board.

We know we have cash until July 2024, but we don't know at this stage if we have cash beyond this point, so thinking SENSIBLY we have to assume we won't. Any sensible company would not leave funding to the last minute or gamble on the Mongols coming good, and risk going bust. And so would start to explore funding options well in advance. This is LOGICAL ,sir.

MB like the rest of us will be hoping Heron is sorted ASAP. This will make funding, be it a market raise or loan from the likes of Petrovis, much easier to arrange. But if it drifts to March/April, I think MB will put the wheels in motion for some kind of raise.

Real_talk_xd - we could do with another update from MB on this. It could be we have plenty of cash beyond July 2024. However, if it only runs until July 2024, then if the situation with Heron drags on much longer, they will need to at least start considering how to replenish the coffers. WOS - they will not decide this in July and will do it well in advance.

HE1 very different to MATD. It was valued at about £4m before it "BOOMED"... MATD more like £40m currently. IF MATD fell to 0.4p, then maybe we'd do similar! But IMO we'll be lucky to hit double figures now.

And WOS - you think Cybertron makes good points?!

“you just made your self look like a total towt”

People talking to themselves again?!

Trinityman / DocD - I thought I was clear, my own view is this will now top out at £1. The £10 was in reply to wpa that I do get the argument that if we pass P2 and manage to strike favourable terms to JV for P3 and a split of any future revenues or sale, then it could go higher. But sadly, no exuberant youth from my part.

Trinity - I was 83 when I set this account up. Or at least Synairgen has made me feel that old ;)