Member Info for Fronteracheckin

Doc, you want to blame a company for an individuals reckless and frankly stupid decision to pour, as you call it, savings and inheritance money? You think people aren't responsible for their own gambling now? 😂😂😂😂

Why is it that when there's a handful of trades, there are ten times the number of chat messages.

Yet when we have days with hundreds of trades and far more volume, there's one tenth the number of chats.

Something I've noticed.. very interesting.

Over 5m shares sold this morning for 1.13-1.15.. it's now 1.34 to buy 3m share and 1.30 to buy 1m shares. Lovely little 20% intraday profit for the MMS well done boys

Yeah Krok, the market is wrong, and you, individually, are right.

Who's the lunatic again sorry? Let me guess.. you're the only one WHOS NOT CRAZY

😂😂😂😂😂😂😂

Are you worried suddenly no one will want to buy OIL DOC?? HAHAHAHAH

I HAVE TONNES OF GOLD, BUT THE PROBLEM IS I HAVENT SOLD IT YET.. WHATEVER WILL I DO WITH IT ALL? ???

These trolls are getting more insane by the day 😂😂😂😂

Okay Doc here's one for you that isn't could.

35,000 barrels of inventory at a higher oil price market. Massively higher prices than when they were first extracted.

No if buts or maybes there lad.

And the asset is now a proven producing field, not just exploration acreage.

People also need to remember:

no raise

no panic funding

no “strategic review”

no “considering alternatives”

no signs of distress

Instead we have:

producing oil

increasing partner interest

improving oil prices

alternative export routes

stable operations

3D seismic potentially coming

farm-out still active

Could the process be moving faster? Absolutely.

But this RNS reads far more like: “commercial negotiations are taking frustratingly long” than: “farm-out is failing”.

A delayed GOOD deal is infinitely better than a rushed BAD deal.

In the meantime MATD continues to produce EXACTLY AS PLANNED AND FORECASTED.

ZERO surprises. Rising oil price. Stockpiled 35k barrels to sell at a much higher price.

Yeah I think I'll let the company keep doing what it's doing while all these positives continue thanks :)

A few people seem disappointed this morning because there wasn’t a giant “farm-out signed” headline, but if you actually read the RNS properly there are a LOT of positives in here.

✅ 2026 Oil Sales Agreement now expected to be approved imminently

✅ All 2025 payment/tax issues resolved

✅ PetroChina HQ compliance issue now apparently solved

✅ 35,000 barrels of unsold oil inventory sitting there during a rising oil market

✅ MATD explored independent Chinese oil trader routes as backup leverage

✅ Heron-1 still producing in line with forecast

✅ Gazelle-1 outperforming initial expectations after water breakthrough fears

✅ Combined production now around ~250 bopd oil

✅ Block XX cumulative production now exceeds 110,000 barrels

✅ Operating costs have NOT increased despite adding Gazelle production

✅ Considering connecting Gazelle to grid power for further opex reduction

✅ Technically and commercially attractive 3D seismic proposal under review

✅ Farm-out discussions STILL LIVE and STILL progressing

✅ Counterparty now reprocessing seismic, meaning they are still actively evaluating the asset

✅ Higher oil price has triggered increased interest from additional partners for BOTH Block XX AND Block VII

✅ Additional renewable projects and consortium bids progressing

Most important line in the whole RNS for me:

“The current high oil price has led to a significant uptick in interest from other potential partners for Block XX and Block VII”

That is NOT the language of a dead process.

And honestly, people are looking at the delay purely as a negative, but the RNS actually explains why MATD may now be in a STRONGER position than it was months ago.

The original lead counterparty is still active and now reprocessing seismic data, meaning they are still spending time and resources evaluating Block XX. Meanwhile, the sharp rise in oil prices through 2026 has apparently triggered increased interest from additional parties.

That changes the negotiating landscape completely.

A few months ago MATD was negotiating in a lower oil price environment with fewer interested parties. Today:

✅ oil prices are materially higher

✅ Block XX is a proven producer

✅ production remains stable

✅ Gazelle has exceeded initial post-water expectations

✅ operating costs are under control

✅ additional partners are now showing interest

So despite the frustration of delays, MATD may actually now be in a stronger commercial position than before.

Some shareholders seem to want management to sign ANY deal immediately just to “get it done”.

That would be madness if the asset value and strategic interest are improving.

If you’re selling a mansion, you don’t accept 50% off just so you can announce “it’s sold”.

You wait for the right buyer and the right terms.

Especially when:

- oil prices are rising

- China wants secure onshore supply

- additional parties are entering discussions

- and the asset is now a proven producing field, not just

A few people seem disappointed this morning because there wasn’t a giant “farm-out signed” headline, but if you actually read the RNS properly there are a LOT of positives in here.

✅ 2026 Oil Sales Agreement now expected to be approved imminently

✅ All 2025 payment/tax issues resolved

✅ PetroChina HQ compliance issue now apparently solved

✅ 35,000 barrels of unsold oil inventory sitting there during a rising oil market

✅ MATD explored independent Chinese oil trader routes as backup leverage

✅ Heron-1 still producing in line with forecast

✅ Gazelle-1 outperforming initial expectations after water breakthrough fears

✅ Combined production now around ~250 bopd oil

✅ Block XX cumulative production now exceeds 110,000 barrels

✅ Operating costs have NOT increased despite adding Gazelle production

✅ Considering connecting Gazelle to grid power for further opex reduction

✅ Technically and commercially attractive 3D seismic proposal under review

✅ Farm-out discussions STILL LIVE and STILL progressing

✅ Counterparty now reprocessing seismic, meaning they are still actively evaluating the asset

✅ Higher oil price has triggered increased interest from additional partners for BOTH Block XX AND Block VII

✅ Additional renewable projects and consortium bids progressing

Most important line in the whole RNS for me:

“The current high oil price has led to a significant uptick in interest from other potential partners for Block XX and Block VII”

That is NOT the language of a dead process.

And honestly, people are looking at the delay purely as a negative, but the RNS actually explains why MATD may now be in a STRONGER position than it was months ago.

The original lead counterparty is still active and now reprocessing seismic data, meaning they are still spending time and resources evaluating Block XX. Meanwhile, the sharp rise in oil prices through 2026 has apparently triggered increased interest from additional parties.

That changes the negotiating landscape completely.

A few months ago MATD was negotiating in a lower oil price environment with fewer interested parties. Today:

✅ oil prices are materially higher

✅ Block XX is a proven producer

✅ production remains stable

✅ Gazelle has exceeded initial post-water expectations

✅ operating costs are under control

✅ additional partners are now showing interest

So despite the frustration of delays, MATD may actually now be in a stronger commercial position than before.

Some shareholders seem to want management to sign ANY deal immediately just to “get it done”.

That would be madness if the asset value and strategic interest are improving.

If you’re selling a mansion, you don’t accept 50% off just so you can announce “it’s sold”.

You wait for the right buyer and the right terms.

Especially when:

- oil prices are rising

- China wants secure onshore supply

- additional parties are entering discussions

- and the asset is now a proven producing field, not just

Looks like Wooster sold the rest of his holding on market open today to roll the dice on gex, good luck with it!

Post your AI slop elsewhere hammer and get a brain to do some original thinking. Oh wait.

Hamm, unfortunately those of us with a brain recognise that multi, multimillion contracts especially with a GOVERNMENT body take time to procure and sign off. I've been working on a single procurement in local government for over 2 years, and it's not even close to being signed off. The contract alone has taken over a year's worth of back and forth, again, not even signature stage. Sorry these companies don't work to your two weeks get rich quick ideological nonsense.

You could instead sell up, and go out it all on black at the roulette table, that should sort out your goals.

FACTS (verifiable):

• Producer, not explorer – Heron-1 and Gazelle discoveries brought on stream, low water cut reported

(Operational Updates / IMC Q&A – 2024–2025)

• Cashflow positive at field level – operating revenue now funding base operations

(Operational Update – mid/late 2024)

• PetroChina payment issue acknowledged + quantified (~US$850k), with expectation of receipt

(RNS / Capital Raise Update – mid 2025)

• Concrete farm-out proposal received + field visit completed

(IMC Operational Update Q&A – Jan 2026)

• Three interested farm-in parties currently engaged

(IMC Q&A – Jan 2026)

• Farm-in described as non-operated (MATD retains operatorship)

(IMC Q&A – Jan 2026)

• MoU signed with PetroChina’s Mongolian affiliate to strengthen cooperation in Tamsag region

(Company X post – 9 Jan 2026)

• Government-to-government investment event involvement (China–Mongolia)

(Company X / event coverage – Jan 2026)

• Pipeline to refinery within ~15km of Block XX (strategic infrastructure already in place)

(Multiple operational updates – historic & recent)

• Domestic refinery targeted for 2026, Mongolia actively concerned about crude supply

(CEO comments – IMC Q&A Jan 2026)

• Renewables portfolio with multiple projects (solar, hybrid, hydrogen), development premium discussed

(Operational Updates / IMC Q&A – 2024–2026)

• Hybrid renewable project identified as closest to “ready-to-build”

(IMC Q&A – Jan 2026)

• Renewables development costs modest vs O&G, funded on JV basis

(IMC Q&A – Jan 2026)

• MATD acknowledged as Mongolia’s 3rd producing operator, strong in-country reputation

(CEO closing comments – IMC Jan 2026)

🤔 What’s still UNKNOWN (and openly stated):

• Exact farm-in timing (partner-driven, not MATD-driven)

• Final production guidance (awaiting longer-term Gazelle data & water management strategy)

• Crystallisation timing of renewables value

• PetroChina payment cadence (admin, not technical)

All openly stated. No surprises. No hiding.

Bottom line:

You can criticise timelines. Fine.

But saying “nothing has happened” is just demonstrably false.

DYOR.

After going through the update in detail, this reads as a continuation of operational stability while the larger commercial pieces are being finalised.

Operationally – things are working as intended:

Heron-1 continues to produce consistently, maintaining stable output and very low water cut.

→ This is exactly what you want to see from an early-stage field, reliability over headline spikes.

The company is clearly shifting focus toward optimising recovery and reservoir management, including pressure support planning.

→ That’s the transition from “exploration story” to proper field development thinking.

Heron-2 being assessed for injection/support roles fits standard oilfield practice to maximise long-term recovery, not short-term optics.

Commercially – issues are moving toward resolution:

The PetroChina payment situation has progressed through the key hurdles and is now effectively in the final administrative phase.

→ This has gone from dispute territory to clearance mechanics.

Production revenue is covering company running costs, meaning MATD is operating as a self-funded producer, not purely an explorer anymore.

Strategically – the bigger picture remains intact:

Farm-out discussions are ongoing, with management continuing to push for a partner to fund the next phase of Block XX development.

The company is deliberately preserving cash while lining up that partnership, rather than rushing into spend or dilution.

The focus remains on unlocking a properly financed 2026 work programme, which management has repeatedly flagged as the transformational step.

In short:

This wasn’t meant to be a fireworks RNS. It shows a company holding production steady, resolving commercial bottlenecks, and positioning itself for the much larger catalyst of a funded development phase.

Sometimes no drama is exactly what you want before the next leg.

DYOR.

Block VII AND block XX!

Here’s something that has slipped under the radar a bit, but is actually a material change in tone from the company.

For the last couple of years every single farm-out discussion has been framed around Block XX only.

That made sense. It is the producing asset, it has proven oil, and the strategy was clearly to bring in a partner to accelerate drilling and scale production.

Block VII was always mentioned separately as an exploration licence. It sat in the background as a longer-term play. It was never positioned as part of the commercial discussions.

Now look at the latest wording:

“Discussions with one potential farm-in partner for Block XX are nearing completion… in parallel we are continuing discussions with other potentially interested farm-in partners for Block XX and for Block VII.”

That is new.

They have moved from marketing one asset to potentially offering a package.

Why does that matter?

Because Block XX appeals to companies that want near-term production and cash flow.

Block VII appeals to companies that want exploration upside in a basin extension next to proven Chinese fields.

By bringing VII into the conversation they are effectively widening the pool of possible partners. Some companies may not get excited about buying into a small producing field alone, but add a frontier exploration block with basin scale potential and suddenly the strategic value looks very different.

This is classic deal-making behaviour. You increase optionality, you increase competitive interest, and you give counterparties more than one reason to engage.

Importantly, nothing suggests XX is being diluted as the priority. It remains the core asset. VII now looks like an added lever to get a deal over the line or improve terms.

So this is not just recycled wording. It is the first time the company has openly linked VII into the farm-in narrative rather than treating it as a separate science project.

If they can structure a deal that combines producing barrels with exploration upside, that is when valuation conversations can change quite quickly.

Worth keeping an eye on.

My honest read

Putting it all together:

Bull case signals:

✔ No raise (huge)

✔ Farm-out previously “near completion”

✔ Price holding up

✔ Subtle higher lows

✔ Potential on-ground activity

🎯 Bottom line (no fluff)

This is now a binary window.

You are sitting in:

👉 “Pre-deal tension phase”

The market is basically saying:

“We think something might happen, but we’re not committing yet.”

🧠 Key takeaway for you

You’re not wrong to be cautious about a raise.

But right now:

👉 The absence of a raise is actually your strongest bullish signal

Because if they needed one urgently… it would already be done.

🚨 The BIG signal: No raise (yet)

This is honestly the most important point you’ve raised.

Let’s be blunt:

If they were planning a raise… they had the perfect window to do it already.

Why?

Share price dipped under 1p earlier this year

Market was weak → easy to justify “working capital” raise

Drilling season approaching → textbook excuse

👉 But they didn’t.

That tells you something quite strong:

They believe (or believed) a deal was close enough to wait.

Companies on AIM do NOT usually sit around risking liquidity unless:

A deal is genuinely live

Or they are forced (which doesn’t seem the case here)

🛰️ “Movement on the ground” (satellite chatter)

Now this part is always a bit “LSE detective mode” 😂 but…

If there is activity:

It suggests prep work / logistics / site readiness

Not necessarily drilling yet

Could also be tied to partner site visits or inspections

Remember: Farm-in partners often physically inspect assets before final sign-off

So: 👉 Ground movement + silence = could be due diligence phase

.

Check out this chain of info boys and girls let me know your thoughts 🤔

1.455 to sell 1.5m shares, highest I've seen in a long time.

1.54 to buy 1m 👀

Check my previous posts for the current sketch on the situation