Member Info for Doc83

Imagine being down 80%+ and a stalker 🤣

My mum would be appalled with me.

“Desperate stock bashers working 24/7/364”

Do they get Christmas Day off?

It’s really simple. Farmout/JV arrives “immanantly” or they’ll be a raise in July.

Black or red. Place your bets.

It is almost certain they’ll be an operational update RNS tomorrow or Thursday, in advance of the AGM.

I thought it might be fun to play some RNS bingo. Incredibly, all of the below are genuine extracts from just a handful of previous MATD RNS releases!

We are pushing hard

We continue to

We expect

We anticipate

We are grateful to

We look forward to

We are striving

We are preparing

We have plans

We are very encouraged

We are targeting

We are negotiating

We are aiming to

We are looking into this with urgency

We will likely have to wait

We have not achieved the flow rates we were hoping for

We are extremely frustrated

If waiting on the MG, then be prepared to wait years more yet.

I do expect some dressed up garbage, though. MB could really do with getting this SP up ready for the annual summer raise.

"MATD are about to enter a transformational phase"

We'll know in two days.

As said earlier, they legally can't wait for an AGM to announce something as material as a farmout. So highly unlikely they'll be anything announced then or in the RNS just before.

If a farmout has been agreed, they have to inform the market immediately. They can't choose to wait for an AGM.

BP - correct. A company typically can't raise below its nominal value ($0.01). Where a USD nominal value is quoted, FX is to be used. So currently that's ~0.75p.

Watch closely to see if anything is included in the AGM or resolutions that allows for a change to the nominal value or share consolidations!

Do we think we might get another interim RNS, similar to 5th May where they gave us the results of the first 88 holes, or will they now wait to give us the remaining 624 holes in one go?

Can't quite compete with that, but also had another nibble!

Can someone just confirm, is Hamm now out?

Hamm, there's only one flip flopper here, and it's not me!

"2.6m sell at 1.2p dropped. Seems no farm-out."

Hamm, you're such a moron. The price has fallen today because the oil price is falling.

Last year the ops update was on the morning of the AGM. The year before 3 market days before, the year before that the day before.

I’d guess it’ll be the day before or on the day. I can tell you what it will say now if you’d like?!

CW, that was never going to happen.

The AGM is next week, history shows they’ll release an operational update RNS either on the morning or a day or two before.

The only logical explanation is that it was somehow needed for the ASX listing.

Other than that, I can’t think why the need to do a raise now, for many of the reasons you detailed.

My “seedy” stalker getting all his timelines wrong 😂

What a life he leads, eh 🤦‍♂️

Cevodniya, the funny thing is that I hadn’t posted on the MATD board since 6th May. Someone then bizarrely started saying I’d been spreading FUD yesterday despite me not even being there! I corrected them.

Of course, resident stalker turns up here.

But we mustn’t blame Gravy. These traits are often as a result of a bad childhood and upbringing. Tragic.

It’s a sign of the times here that someone is that excited about one ~£30k trade that they’ve made a new thread for it 🤣

Look, whether positive or negative comments (or stalking), we should always ask ourselves would our parents be proud of us… 😊