Member Info for fundraiser222

No large sells today, in fact hardly any selling at all at these ridiculously low levels, day 16 of drilling tomorrow am oil strike in the first target rns would send this into orbit and catch everyone out, think the bottom is most definitely in now at 20% below oversubscribed placing price, today’s price action is definitely encouraging

My concern would be that she has stepped down from the board due to her desire to sell her shares, now if she sells her shares there is no need for disclosing it. Glad the market hasn’t punished us today anyway I feared the worst

Why would she have to sell her holding Mr P? It’s terrible timing yet again but let’s hope the market is kind

She is our main shareholder!!! She’s the founder of Matd

Incredibly unprofessional and the market will punish us yet again unfortunately, it was clearly leaked yesterday too. If she is the large seller then we are in big trouble the 4m sell at 8p didn’t sit right with me at all let’s hope it’s not her sell!

Hmm not sure what the market will make of this news, she is a majority shareholder and founder and was selling her shares in April. Hopefully this resignation is not because she intends to dump her shares into the market, if she is the large seller we have seen over the last few weeks then I will be forming a shareholder action group and going to the nomad, it’s incredibly bad timing and doesn’t sit right at all but hopefully the market doesn’t see the resignation as a red flag, why she can’t wait until after the drill campaign I don’t know, very annoying

Shocking day really, this selling is ridiculous now multiple 100k, 250k sells day after day, and then the 4 million sell at 8p, come to the conclusion it must be 6.5p placing participants selling out before drill results, if it is then let’s hope they don’t have many left as I certainly don’t want to see my money keep disappearing day after day, I’d rather lose it on a duster than like this it’s like death by a thousand cuts

Mr P you can’t say 4.5p is cash value when all the cash is been spent on the drills cash value is probably 0.5p after drilling expenses it’s all on the 6 drills as we know they need to strike, today looks like the market thinks the first target in SL has missed so there has been a sell off

Yes most likely is 6.5p placing shares been sold but strange how someone dumped 4 million at 8p as that’s only a 20% profit yet they could have sold far higher over recent months, very odd as it’s such a huge sell at such a low price just 2 weeks into the drill

Where are they coming from!! Looks like the institutional investors gamble that Matd would rise pres spud and during drilling has cost them dearly selling out at near 20% loss. That 4m sell at 8p was very odd indeed, hopefully no more of them to come!

From 25 June rns “The drilling programme scheduled for Block XX remains on track. Contract negotiations with the preferred bidder to supply and operate a rig are in the final stages. Formal award of the contract is expected by the end of July. ” so due this week

Buy the looks of it, should be entering the first target right about now.. a 7am oil strike rns tomorrow would be very nice indeed as we approach the 15th day of drilling

It’s the overhang gone that’s what it is! No way could well results be known on the 20 July as they had only been drilling for ten days, should really motor from here now it’s moving freely, 9p close minimum imo

Yep looks like that was the overhang holding it back from last week, now it’s cleared this should really motor

Just popped up what a surprise they dropped it so the big boys could buy in... looking very good here now should see 9p by close

The 500k at 8.45p

Coming in now, wouldn’t be surprised to see this back above 10p in the next few days now the weak have been shaken out, any strike at SL and 30-40p looks nailed on ahead of the 490mbl Wildhorse drill site preparation to start in the next few weeks there and block XX rig news due this week as per 25 June rns, should also get a drill date and location update for block XX drills with that update Iv emailed Mike B as today’s price action looks like they dropped it to take out the weak holders ahead of news... will let you know his response it may prompt an rns if lots of private investors send him an email asking about today’s price action

It’s certainly an amazing price to buy in at 20% below the oversubscribed placing price, with monumental upside. Iv bought more today purely because the risk reward is entirely in my favour as any strike and it’s 30-40p open imo as not only does it derisk the entire block it also de risks Wildhorse and the entire 90 billion barrel acreage resource and btw that 90 billion is excluding the shale potential... life changing rewards on offer for those in at these prices

Yes it’s pretty much a nailed on winner from 8.5p imo with Wildhorse up next, any strike at SL and ppl will be paying over 30p in the pre spud rise to Wildhorse imo, rig contract news and dates for block XX drilling due this week should calm those nervous ninnies but 8.50p is a gift imo

Yes Mr P we know what’s coming I think, they spike it ahead of bad news to sell before it’s too late, and drop it ahead of good news to accumulate to sell higher, a 6% drop on nothing seems way overdone and it’s now 20% below oversubscribed placing price which has to be good value with, block XX rig news also due this week as per 25 June rns