RE: Farm in: What we actually know (from RNS + independent research)14 Dec 2025 07:36
As ever with MATD and their RNS’ you need to read between the lines to get a truer picture. Personally I think the phrase ‘we are working hard to secure a good deal for shareholders’ implies at present the deal is not good! The fact they are engaging counterparties also implies this.
The vague wording of ‘our most productive month to date’ also screams problems at Gazelle. Why not just say we are producing 350 BOPD? Because they are likely not in my view! For these reasons I sold out on Friday but will keep a keen eye on developments! Too many smoke and mirrors which is normally a bad sign in an AIM company! Genuinely hope I’m wrong for the long suffering shareholders here!