Member Info for Doc83

My best guess from here would be that RGL are taken out… 50-60p at a guess.

50% LTV doesn’t bother me, but it does the market and ultimately they are the arbiter.

“Doc how do you rate your activity at the AGM and afterwards? In terms of effectifness?”

Much better than yours! A pu55y(cat) who arrived late, didn’t ask one question and slinked off early, haha!

The volume looks mostly a 571k shares sell!

Roger - Yellow Cake (YCA) is a London listed uranium stock, mcap of £1bn+.

But any of our projects hitting the big find should propel our SP way north of here.

“what a bs…”

no, that was you saying you were going to turn up to the agm and give the bod what for, then sitting at the back like a ***** before leaving early, lol!!!

Hamm - how did I criticise you? I thanked you ;)

"Just a reminder that weather is not relevant for H1 production. It is a 2 week workover only."

Thanks. Didn't know that.

Hi Troajan - I can't see an interview in that link?

Paladin - don't be surprised. I'd expect some stability once the trials are confirmed to have started but this would well go down further yet. And I don't see any rerate happening until we see a positive readout. This is a long hold.

But does it matter if it goes down to even 1p? We're now here until the end, boom or bust.

How have LSE not banned you by now?

“Why on earth would you remain invested in a company you have told us is run by an incompetent liar?”

I don’t recall me saying he was incompetent. In any case, my answer is that I still think I can make money.

Master: “Doc what do you post. You flow with the wind . One minute you are positive next you are negative..

At least I hold my ground.”

Truly, this is a quite incredible post. I have remained consistent throughout. You on the other hand are second only to our good friend Hamm! Flip flopping around, guaranteed this, guaranteed that, now whinging like a bi7ch about MB non stop, repeating the same drivel about him. LOL, seriously!

Master - critically, you don't. You post what is interesting and then try to interpret it.

I've always found it a particularly weak argument to say to a shareholder if you don't like it then sell. As owners of the company it is our right to hold the BOD and management to account. Unlike many on here, I did virtually attend the AGM (I would have in person had MB not held it in Mongolia) and asked some tough questions.

If you'd really been here for a good while, then you'd know I'm actually someone who has been saying this will take a long time and not saying "rerate coming 15p tomorrow guaranteed!". Also that I don't think it's time just yet to get shot of MB. But he did (knowingly or not) mislead us.

Couple more things...

"you made a packet ( you say )..."

I've always been very honest and open when I've bought and at what time/price.

"i stuck with reading the board , through all the dross, because as i’ve said, master and a few others post some decent research"

Master's research is, sadly, usually wrong. That probably tells me everything else I need to know about you!

ss - firstly, i don't buy the fact you've apparently been lurking on the side lines for a while but not "contributing". you're far too ****sure and arrogant to just do that. so fess up, what was your previous name(s)?

as for doubling my money because of his lies, well, sadly not. i'm in the red now. i think many (perhaps even myself) got suckered in by said lies/mistruths. but even despite his own performance, i think there is still a chance this'll come good.

"he effectively opened up the placement to pis which he needn’t have done"

this one is a corker. you mean the token $500k that was offered out to pis?! where we were scaled back on our orders (around 70% allocation). but nice to drop in about prd being even worse. bit like a doctor telling you you're going to lose a leg, but ya know, you've still got your other one!

and wigster, your comments are too funny:

"and you ain't seen nothing yet...there's a poster called wiseowlspeak who mercifully has been on holiday recently. wait until he returns, for the full undiluted experience on here..."

“Doc - you stated the share price went up in the interval. That’s an opportunity to raise with less dilution ”

SS - why did the SP go up in the interval? Because MB said he’d been told the LP was due any day AND that we were fully funded!!!

Great tactic, though. Lie or mislead, let the SP go up, then do a raise.

“Until a company is firmly established of course there are risks. Even established Co's can fail. Think Enron! ”

Completely agree! But I’m questioning your assertion that the worst case scenario is that we only have “good sales”. I’m saying surely the worst case is bad sales!?

“But if they pass, then very likely they’ll be a raise or JV needed”

Oh, and they have actually verbally confirmed this as well as their corporate broker putting it in a note. So lots of flags! Although it is fairly common sense and predictable.

Shortshrift - what opportunity presented itself in those 8 weeks? It wasn’t velociraptor as we had “plenty” of cash for that and other drills. Renewables “opportunity”?!

Not sure what Synairgen has to do with this… almost like you’re fishing for ammo. In any case, they’ve not done a raise for years, with the last being for a phase 3 trial after blowing the doors off a p2 trial. Sadly, they failed the p3 and are having to go again. Importantly, still no raise needed for the next set of trials. But if they pass, then very likely they’ll be a raise or JV needed.

Back to MB, I said previously that if he’s not a liar then he’s a CEO that didn’t have the vision or foresee what might have been coming up or needed. To say fully funded come what may, then just weeks later announce a raise is questionable.

“What would have happened if he said I intend to raise in 8 weeks?”

Exactly, he lied. Just had another listen (go to 30 mins in) and he said they have “plenty” of cash, enough to complete Heron, more drilling including Velociraptor 1 and a start on V2!!

So the cash from the raise in February must still be sloshing around.

Https://www.lse.co.uk/media/MATD/mike-buck-petro-matad-ceo-updates-london-south-east-on-velociraptor-drill-and-heron-1-land-progress.html

I think it was this one. For some reason my sound isn’t working but it was towards the end if I memory is right.