Member Info for fundraiser222

Even if it does test 9p again the selling will soon dry up if the buy volume continues, as I said before there will be lots of flipping today as it’s final settlement day so all shares need to be paid up and some won’t have the cash, doubt it tests 9p if it does I will buy more at 9p today

Volumes speak volumes and final settlement of the 10p placing is today also worth noting there is usually a 5% fee so most who took the placing have paid 10.5p a share and flipping will finish today after that the price will move freely ahead of spud next week imo

Agree Mr P the first shallow target will be hit within 10-15 days, Mike Buck said in an interview in March that he likes to drill his best wells first, looking forward to asking him on Tuesday what makes SL his first drill choice out of the 6 planned

Looking good here already pre market this is going to fly today and continue to build ahead of spud next week and all the presentations and interviews, ppl have waited 8 years for this fully funded 6 well drilling campaign and it’s a matter of days away very exciting

You do realise that the next well to be drilled straight after this first one is wild horse... a 480m barrel recoverable mega structure of global significance and as far as I am aware the largest onshore oil drill on a stock market this summer. The first drill if they strike derisks another 500m barrels recoverable with a total of 23 billion recoverable across blocks V and IV licenses. And that’s before we even start to talk about block XX been drilled straight after wildhorse with 50-75% COS appraisal wells but don’t take my word for it Mike Buck will reveal all to the world next week when he launches the drill campaign in London on Tuesday and the first well spuds next week

Good to see that Mike Buck will be doing interviews with media and lots of PR next week in London that’s just what Matd needs during spud next week to have Mike leading from the top doing presentations and interacting with shareholders. Aim hasn’t seen such a high impact drilling campaign on such highly prospective targets for many years. Very exciting days and weeks ahead here, all kicked off by Spud of the first well next week

Matd have risen 1000% and 100% plus on many occasions over the last few years within drilling g a hole. They are now days away from starting a 6 well drill program targeting a huge 23 billion barrel recoverable resource, this won’t be heading anywhere but up short term as the momentum traders take over. Look at the size of today’s buys there are not small fry private investor buys, allocation for the placing was scaled back to 32% and that was at 10p so buying at this level is a very good price considering brokers only had 32% to sell at 10p it shows high demand from sticky holders imo

Agree built a large position here over the last few days aswell as Matd, both offer huge near term catalysts but Matd has to be the wildcard for huge multibagger gains very exciting leeiodnfor both company’s

It’s clear that the bottom is in you were right I was wrong, I have followed Matd for many years I have a deeper knowledge than most M.D. now the bottom is in there is only one way this heads imo we all know how quickly Matd moves. Enjoy the rest of your day everyone Family duties are calling GL all and enjoy the ride

This is the Matd board not the funds board stop feeding my ego by talking about me and concentrate on posting about Matd

For next week, I assume spud will be Monday or Tuesday given the conference call is Tuesday designed to open up the 6 well drill campaign including a presentation for private investors and institutional investors, can see this building now for the rest of the week 10p placing price should be taken out very quickly if not today we all know how fast Matd moves once it is free history tells us that on multiple occasions enjoy the ride guys well deserved

It looks that way now the book has turned, a friend has taken £80k here today the potential has never been in doubt. The huge potential of Matd looks like it won’t be ignored by the market, the first shallow target of the drill will be hit within the first 10 days of drilling oil shows here are quite likely if you look at the source kitchen so if oil shows are rns’d and an oil column is intersected it is very likely this will hit £300m mcap given it hit £350m mcap last time they drilled and had oil shows on block XX and that only had a billion barrel potential, these central blocks have 23 billion barrel potential so the gains could well be spectacular

When Matd drilled in 2010 the mcap hit £350m just on drilling blocks XX which only had a billion recoverable potential when they drilled the wells. Blocks V and IV attaches BG as a farm in partner and hve 23 billion recoverable potential so what will the mcap be if they strike oil? They also have options over additional acreage all over Mongolia, drill rig for drilling 50-75% COS appraisal wells on blocks XX confirmed in last rns for before the end of July and spudding of SL next week. A once in a lifetime drilling campaign on the last oil frontier on earth some would suggest. If these drills hit there will be millionaires made, and with the amount of buys going through it looks like short term this goes mid teens in quick order, ukog style rise on its way if volume continues imo

Agree there is nothing in the Ftse let alone Aim that offers 23 billion barrel recoverable from one country acreage the potential is clearly biblical if they strike oil as they also have options over nearly all other prospective oil zones in Mongolia if you look at the acreage position on the website. One strike on SL and you are talking life changing gains as it opens up the basin and to some extent the frontier. The source kitchen in Mongolia is richer than Russia and as I said imagine the Russian national oil firm listing on a stock market before they drilled for oil in Russia. This is effectively what Matd is a national oil company listed on Aim drilling for oil in potentially the largest untapped onshore oil frontier on earth, next week will get exciting now imo now the overhang has cleared and it cleared much quicker than I thought

Between this and Matd who are spudding their first of 6 wells next week there are some exciting O&G plays atm. Matd hve potentiality 23 billion barrels of conventional onshore oil in their acreage, biblical potential there if they strike which is likely given they are next door to Russia and China. Did well from this but think Matd is the next one to multibag with spud next week

When you have DMA it’s quite easy to see when it turns Mr P, I had an order in at 8.7p but when it was clear that wasn’t going to come I pulled the trigger will buy more after the conference call if I like what I hear with the questions I ask but I spoke with a friend in Hong Kong this morning and he is very confident. A point that gets lost is Matd is effectively the national Oil company listed on AIM, imagine the Russian national oil company listed on Aim before it drilled for oil all them years ago, Mongolia is untapped frontier of epic proportions stuck in between China and Russia two of the most prolific onshore oil producers in the world, Mongolia has a better source kitchen than both of them! As you know they hve acreage 3 times the size of wales and options over acreage of biblical proportions if there is oil in Mongolia Matd will be the ones to find it and as it’s effectively 30% government owned Matd will be the kid with all the sweets, is that positive enough for you Mr Positive

And you guys hve called the bottom correctly, I have DMA so it’s pretty clear what is about to happen now short term with spud next week. Bought a few shares so I can take part in the conference call with Mike Buck next week and ask some questions, depending on his answers I will decide whether I buy my holding for the first drill or Wildhorse but I do remember in an interview Mike said he always likes to drill his best well first so I will be asking him why he thinks SL is his best well as that’s next week, taken £20k to dip my toe not showing up yet

Lol Mr P you know the game I just play it my way and you know this hense you don’t take me too seriously which I respect, I only predict short term and I called it right up until today and now the book has flipped it could indeed be game on here and if it is you holders definitely deserve it for holding strong. It all depends which institutional investors took the placing at 10p but your right they won’t like the fact private investors can buy cheaper than them and looking at the book on L2 they could be buying more to average down soke large buys going through now

I agree with you on that point, if the shorts close out using their 10p placing shares today and tomorrow this will rocket, it could go either way now as L2 has just totally flipped they seem to have run out of cheap shares, if no large sells today then I could be wrong and the bottom could indeed be in judging by the way the book has just turned

And plenty more of those to come today and tomorrow imo, knowing the game and when the bottom is likely to be hit is an important skill on Aim, mms love to create a false spike before they drop it standard games before imo a sell off tomorrow