Member Info for Doc83

"Progress isn’t linear."

Progress might not be, but decline seems to be! Steadily down down down.

Isn’t Fermi/uranium pretty exciting? And First Developement Resources which is drilling right next door to Greatland Gold. And GMET was a decent 11.8x return!

Unless you mean we need someone to pump the SP for short term traders.

I’d completely forgot about Lovehandles! There’s just so many, they blur into one.

More importantly, it’s October next week…

My guess is that this new account is controlled by the same oddball that uses the Gainwithjane account!

Separately, it’s the first day in the last couple of weeks that we haven’t seen some large late reported trades. Perhaps things are just settling down and the seller is done.

“So far I have seen little input of any worth bar one who does actually concede that rights and JVs will be essential and that suggests the price will have to drop significantly before fair value is attained.”

Firstly, let’s not try to kid anyone here - you are not a new poster and have been here before under another name.

But on the post above, and for those who just might get suckered into your FUD attempt, Greatland Gold did a JV, gave away 70% to Newcrest who then had to fund all costs. Maybe have a look at how Greatland’s share price reacted 😉

TBT said this morning it was a great RNS and to wait and see what the SP is at the end of the day.

The guy is paid by someone nefarious.

Glad to hear you’ve worked out this investment isn’t for you. Good luck in your future endeavours.

“ it’s incompetence from the contractor an acid wash should take no more than a few days it’s a straightforward process, they can’t use DQE again now they need their own equipment and team”

DQE are part of PC. I’ve long said I think PC want MATD to fail because they would likely stand to gain the most from it, probably being selected to take over Heron. I’m obviously disliked on here but it became clear to me some time ago that MATD are not fighting a fair fight and might never be allowed to succeed.

My own guess is that we'll either do a JV, similar to Greatland Gold and Newcrest, where Newcrest covered all costs. Or, we'll be bought out by a major for a considerable premium to the current SP.

"the Company has now determined that the quickest and most cost-effective way to get a definitive result from the re-test of Heron-2 is to run a completion string, install a surface pump and conduct a pumped test."

They will be performing a pumped test. Your post implies it will be going into production. Designed to mislead.

And Adw, master and myself have been far more right than you!

“4: Once completed the well will be put into production and the daily bopd advised after pumped tests have been conducted.”

It did not say this! There’s a big IF. If it’s commercial, it will put into production.

Bobby, Manlord covered potential funding options in a post a few weeks back. It will answer your questions.

This has got to the point where it’s not even fun to point out posters inaccuracies, misunderstandings, lies and whatever else.

The likes of TBT are almost certainly paid. No one could be that blind and stupid. And Investor33 and a few others are just beyond naive that this could hit 0.1p and they’ll still be claiming “it’s MM games!!!”

Today’s RNS was just a continuation of everything seen before. More delays, more questions.

This will go into the 0.0-0.1p range with so much conversion yet to happen. This is the latest COPL. Dangerous to advise people to sell, but please at least don’t buy anymore.

Abzzba, which part(s) of my summary do you disagree with? Or did I misread and Gobi and Gazelle have actually started, or the tax repaid etc?

In summary, and heading into October :

- Heron 2 still not complete or anything confirmed

- Gobi not yet started

- Gazelle not yet started

- No update on tax payment

- No update on the apparently amazing renewables

History tells us that with MATD if announcements are late, it’s usually not a positive. That’s again been proven true.

Another conversion, this time at 0.235p. Good god. This is scandalous that the BOD approved such devastating financing.

Emerald, genuine question - are you paid by the company to promote it?

Clearly some shenanigans still going on. I think there was an even larger trade earlier on.

"Also, today's RNS seems to have deflated the mood somewhat"

Sorry, I don't understand. You mean the fall from 58/61p to 58/60p?!