Member Info for ftsemajorgeneral

Re Droverman post, he said he holds at 16p, he said he is an oil hand with 50 years experience, back in 2017 ish MATAD were wildcat drilling, with 50 years industry experience he knew the risks when he bought at a high price, unfortunate.

Complete different ball game now, we are in a proven field and increasing production & revenue.

Interested parties will be weighing up a farm out deal but almost certainly they will be weighing up an out right purchase of block XX, refinery being ready 2027 is certainly very good news for us and any interested party

I should think 430 bpd over winter would be on the low side but we need to wait for Gazelle on production news, must be this coming week.

CEO said block XX value was 150-300 million that was before the Gazelle result, 200 million would be a fair (not great) offer, 11p per share.

Abz, appreciated.

Abzzba, lets hope your H2 predictions are as accurate as your Gazelle predictions were, good to have someone here that knows a bit about the oil industry.

Seem to remember KevinRound saying the renewables side was worth pennies to MATAD, yet our CEO says its worth 50k to 100k per Mw.

I would seriously doubt there is another share that offers the potential rewards on offer here, this really could take off big time.

Good result at H2 will make a huge difference, we are on the cusp of being a huge success story.

Well said Bline, as soon as Kev turns up you just know what the rhetoric will be, another Walter Mitty in the making.

As i said a few days ago i seldom use ramping type words but in MATADs case there really is only one word to describe us, MULTIBAGGER.

I dont normally use the word but will today, MULTIBAGGER

Looking strong, bring on the RNS.

TT1981, excellent thought and might have some substance given Block XX has been designated State special purpose land.

Lot of news about the refinery coming in.

https://digitalnewsguru.com/indias-1-7-billion-oil-refinery-project-in-mongolia-set-to-begin-operations-by-2028/

Looking very good, strong buying, Heron 2 result any day now.

MATAD is like a fine wine, getting better the longer it sits.

Anyone else get that feeling this is about to go, yes, me.

Conundrum for our Negative posters, if H2, Gazelle and Gobi prove successful and Mr Buck is proved right and you are proved wrong will you all disappear in a puff of smoke ?.

LTHs choice how they play their cards, i would imagine they will keep the lower averages, i know i am.