Member Info for ftsemajorgeneral

Abz, read the article re RJD, am i correct in saying H1 could still be radial drilled and production increased ?.

Happy with the RNS, happy with the AGM and MB plans and more than happy to be a genuine investor, GLA genuine investors, our day will come.

Hamm, your 00.45 post states expected 2025 revenue is only around $2.5m, the presentation actually states it will be greater than 2.5 million, also, you do realise that the 2025 oil revenue was 92% based on H1 oil sales, Gazelle never went into production until November 2025 and we invoice the following month, you also forget the average Brent price through 2025 was around 65 $, so lets look at your figures again, in 2026 we have production from H1 and Gazelle and the oil price since early March has averaged around 105 dollars, big difference, especially if the oil price stays high for months to come, we can also add the the 1.03 million that PC finally coughed up in February, i have no idea why you and master keep trying to deceive readers.

Prospective farmee partner will go at their own pace, quite ludicrous to think MATAD can force their hand, but understandable given who posted this.

Switching to grid power was a very wise move, more so given the increase in fuel costs in Mongolia and lets not forget the recent fuel shortages in Mongolia, all the more reason to get the refinery up and running ASAP.

Abz, i concur.

If we make (after costs/taxes) $43 while brent is at $70 then with Brent at $103 we are making "circa" $76 per barrel,

All laid out in the 16th January RNS.

Suggest real investors read the below RNS, easily understandable.

https://www.lse.co.uk/rns/MATD/operational-update-q8x7eeth5woa6yy.html

73 bucks a barrel profit will fill the coffers quickly, lets hope these high oil prices hang about for the rest of the year at least.

Based on 16th January 2025 RNS figures, after costs we were making over 40 dollars a barrel while Brent price is 70 dollars, with Brent sitting at 112 dollars we should be making over 80 dollars per barrel after costs, bank account getting healthier day by day.

At well over 100 dollar barrel our kitty is building nicely. I see we are attracting a few new Trolls.

Take a quick glance below at the posts and who is posting what.

Pretty obvious that some believe their view is the only correct view, this behaviour is often attributed to a combination of cognitive biases, emotional attachment to beliefs, and ego protection.

Key drivers include confirmation bias (seeking only supporting evidence), the Dunning-Kruger effect (overestimating competence), and a fragile ego that equates being wrong with personal failure.

With over 14,000 posts Dusty has obviously been getting things wrong for a very long time unless of course he is sitting in the Bahamas counting the millions he has made investing and just spends his time on the MATAD board helping us less fortunates.

As Margarita points out only last Sunday Dusty was telling us that MATAD sp would end the week under a penny, not sure what went wrong with that prediction.

Looks like our conspiracy theorists are out in force.

Abz, this guy does not have a clue what we are paid, he is only here to disrupt the board as can be seen by the amount of junk posts this morning.

Bauchsapt, afraid this is what happens when lunatics like dustybin want to disrupt a board.

We all knew the lump sum was coming, as usual MB kept us upto date during the last presentation, good to hear the farm out talks are progressing and nearing completion.

Around 6 or 7 weeks until the new drilling season starts, depends on the weather. Quick well test at Gobi, inexpensive wax clean up at H1 both on the cards as first jobs

We have seen plenty junk accounts in use here over the last 16 months, no doubt Flatline is another of these.

Getting back into top up territory

Nice 2.6 million buy earlier.

No one is saying we get the full benchmark price for our oil, obviously there are costs but equally obvious is the fact that the higher the oil price the more we make.