Member Info for Doc83

As always, you have to cut through the guff in a MATD RNS.

- H2 problems (no news was not good news it seems)

- Gazelle problems encountered and strikingly no production figures given for it

- Still no withheld tax payments paid but of course, the usual “progress” made

- No JV/farmout

I suppose it is positive that a proposal has been received but as ever the devil will be in the detail, which we don’t know.

“We are not allowed to enjoy our 40% rise apparently.”

To remind you and others, it was you who goaded this afternoon! No one said anything. You could’ve basked in the glory of MATD only being down 50% over the last few years!

Tenbag - who falsely accuses someone of rac1.sm just to win a losing argument!

Or who accuses anyone who isn’t 100% positive on MATD of being part of a boiler room 🤣

Looks like a lovely afternoon of chatting about the company, constructively. Just the one goading comment: “Big blue shoe up the ass of the bashers sir.”

From Gravy, of course. Just in case anyone was wondering who really stirs things around here!

Timmy - “Stuff” with this quality, ease of extraction and in the western world isn’t available in abundance.

But then you know that and are just trolling!

Abzzba, I’m just asking on behalf of TBT who reckons it will increase exponentially.

A question for MB next week can be “do you anticipate H1 production to exponentially increase?”

“ Heron 1 isn’t a disappointment. It’s a starting flow rate. And it’ll increase exponentially over time”

Nonsense. It’s been flowing for over a year and declining. Why would it suddenly increase exponentially from 145? And certainly towards 800+?

Naive or disingenuous.

Gazelle could be a curveball. I’m hoping it might surprise to the upside. If we’re being honest, Heron 1 has been a huge disappointment. Talk of 800-1000 bopd and we’re sat at 145 bopd. It would be nice to get some positive news and see a well actually increase its production.

BP, you cynic!

I’m sure the presentations, as it did 2 years ago, will say they’re aiming for 9,000bopd etc etc.

Ultimately, they either need to JV or raise an awful lot of cash if they’re going to develop Heron. We are now there or thereabouts covering costs with our 345bopd. But there’s no room for developing and drilling. JV obviously what the company are aiming for. I’m dubious but let’s see.

Tray, I’d echo those thoughts. I topped up (again) yesterday. Happy with how everything is being run and I also wouldn’t be surprised to see Minestarters and the royalties play pay off.

Lots of abuse being thrown around tonight. I’ll have to pen a letter to Petro Matad and LSE and the Police and the FCA 🤣🤣🤣

“Pretty surprised to see the extent of the rise tho”

Adw, I reckon Thornogson’s buys were responsible for about 0.15p of the rise.

TBT is a leftie loon who thinks Margaret Thatcher was a bad PM. Who’d have guessed!!!

And action against you Tenbag, for your market manipulation attempts and facts that aren't facts!

"You can always Filter it out"

Great idea, you go filter me, Manlord, MasterRSI and everyone else!

Thanks master82. And I've been defending you!

Can anyone else hear that droning noise?!

Market abuse is Insider Dealing or Market Manipulation.

IMO there has absolutely been insider dealing with MATD over the years. We've often seen price spike, up or down, just before news. But I'd guess it's not anyone who frequents LSE.

Market Manipulation - spreading false rumours etc, well, I'd suggest WOS is the guiltiest party here with his cut and pasting of separate comments to make it sound like Rio Tinto were JV'ing with us etc!!! And the endless false statements from the likes of TBT and his "FACTS" that are anything but!

Yes, bring on this investigation. As a genuine LTH here, albeit now a very small holding compared to what it has been historically, I would love to see some action taken.

I'm guessing it's Thornogson's trades that have pushed the SP up just now.