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It’s a terrible buy above 10p, imo shorters will continue to take this much lower to 10p it’s pretty obvious what’s happening here, I’m not in the business of losing my money buying falling knifes cash value is its value and that’s about 8p I think, all imo

For many here, crazy that you can’t see what’s happening shorts will blast this well below 10p imo probably the worst buy I can think of atm never catch a falling knife guys

This will hit 10p very quickly imo shorters are all over it, they can then close out in the placing as they know one will be needed, easy money very easy

That’s the whole point non FDA approved you can’t sell the drug unless it’s approved and they won’t approve it if it’s failed phase 3. Cash call coming imo probably around 10p

It failed phase 3 trials I do t get why ppl are saying if it works etc. It’s not a commercially viable drug imo that’s the whole point of a phase 3 trial and it failed to meet its endpoints. Cash call will be needed most likely sub 10p anyone holding these is goi g to be in for some very large losses imo

Disagree lots of drugs can help and work for a group of ppl. For them to be commercially successful they need to meet phase 3 trial endpoints and this drug didn’t that’s the facts. So yes they will try put positive spin on it but they don’t have the cash to do another trial and no pharma major would back a drug that’s failed phase 3. 8-10p will imo be where this settles imo

It failed its phase 3 trial, the company is hardly goingvto come out and say it’s all over are they, not on there salaries. But unfortunately this is another Aim disaster story and is worth no more than cash in bank imo 8p is about its value so it will be shorted aggressively as it’s an easy trade on the short side bod can’t be trusted imo and the drug failed to meet its end points in phase 3

Agree but he also said he was pleased to announce the placing.... the wording is just standard PR wording used on all RNS’s they are always pleased to announce things and looking forward to announcing results good or bad, but I wish you all luck. All aim companies are bent imo doesn’t mean you can’t make money but trust them fully at your peril

It has to be the largest identified single prospect in Namibia? Can’t see any bigger prospects under CPR. If a major decides they want to drill gemsbok I assume they will just pick the whole thing up, say £30m to gbp with maybe a 10% interest attached. Now that would be a great deal all round

They haven’t finished drilling SL yet it says so in the rns, if they had found oil already Surley they would announce it! No one knows anything hense the low volume, flow rates lol you really have no idea do you, this is a drilling rig not a test rig you can’t do flow rates ffs some novice investors in this share

Arahim how many oil reserves do Matd have??

Arahim just so you know Matd does not have any oil reserves! Quite an important FACT you may need to do a bit more research. Block XX drills been cancelled are a huge deal but if private investors blindly buy any news then GL to them. As I said GL to all who are holding g for the results doesn’t sound like the main target zone has been drilled yet but I hope it strikes for all those patiently holding and who know the risks of Matd. Mike Buck is economical with the truth though dropping the XX cancelled bombshell in with the half yearly report is very naughty indeed as it’s price sensitive info

Yet they only announce this important bit of price sensitive info with the half year report.... very naughty. Surprised SL is not at target depth yet they better pray they strike oil because the drilling season ends soon, any duster and it’s 4p imo now XX is cancelled, GL for a gusher guys block XX been cancelled is quite a big deal but private investors buying up the bad news atm not sure why but I’m out either way until well results good or bad GL

In a year is ridiculous, more cash will be needed very soon or this company goes bust imo they must be running on fumes atm I can’t see how they can raise any new funds unless it’s pittance at 1p. Another aim disaster story

Best of luck here mate, hope it’s a gusher for you

If you visit the stores you will find your answer straight away. Who can be bothered shopping separately for meat when it’s not much cheaper then Aldi, I buy 4 meats a week at a cost of say £10 if someone said I could get the same at CRAW for £8 quid I couldn’t be bothered making the extra trip, not got the quality of a local butcher and it’s not much cheaper than cheap supermarkets, imo it is a failed concept unless they dump all the high street shops and improve quality at the farm shops and change the name to something more upmarket it’s another casualty imo

GL to all who are holding for the drill result on SL boom or a huge drop you pay your money you take your chances as they say

They don’t hve a permit license to drill block XX do they? Said they expected rig contract by the end of July but still nothing, SL drill news will come next week imo probably Tuesday so I agree your either in for the results or not boom or bust GL all who are in for the result

Mr P they don’t have any license to drill block XX let alone a rig!! You could be in for a nasty surprise BPC style

Well results could come on Monday if it’s a duster. They don’t even have a rig contract for block XX drills let alone a license and there has been no update on Wildhorse ground works. So a SL duster and the other drills delayed until next year is the worst case scenario here. 12 weeks max left until drilling is suspended for 5 months due to the harsh winter, they need to provide an update good or bad on Wildhorse and block XX drilling as Matd has a history or delays and missing targets. Wouldn’t want to be holding on a SL duster and drills delayed rns so bailed for now, will buy back depending on the rns, GL all who are in for the results