So you held while the share was pumped to 7p on the rumour of receiving a licence yet sell at 1.2p with a proven oil field, oil price rising and late stage farm in talks that could increase our output to many thousands of BOPD. Interesting decision lol
It’s very different pitching a farm in to potential suitors with no confirmed oil and no licence compared to proven wells and masses of untapped potential. Add in the soon to be finished refinery which will drag down costs to incredibly cheap levels- a very attractive proposition and I’d expect lots of interest!
This is the biggest no brainer on AIM at these prices. A Farm in unlocks ridiculous numbers of profit. Remember a couple of years ago this was approaching 7p before MATD had even got the licence to produce any oil. I bought 2.6 million earlier and will continue to add significantly
The thing I don’t get is how they are pushing to complete Block XX discussions with one partner while also having discussions with someone else. Is this just a ploy to get them to hurry up? More than one partner for block XX? As ever with MATD lots of questions. All looks positive though
When we lost on the NASDAQ I expect the listing to multiply very quickly to over $1 billion. Will be very interesting to see if our valuation fairly reflects the fact. If it does, then this will be £2 plus before the end of the summer IMHO. Bargain at these levels
Clearly they are going to want to have a back stop far in excess of what’s needed ‘just incase’ Given normally timelines after F-4 submission to sec, I’d expect listing to happen in April, perhaps early May
The market won’t like the vague nature or the RNS. Has being up to something dodgy in his personal life? Fiddling the books? False RNS? Not a good look