Member Info for furry65

Very true and down almost 50% from the same time last year despite all the so called good news with H1 etc. Most long term holders well underwater, but 15% ain’t to bad for those who have just started buying into MATD.

Will have to wait for AGM to see if MB has finally achieved something positive like actually signing deals and selling oil rather than unseen problems and delays

Abzzba , 432 posts in 30 days , myself ,3 yet I am a sharebasher…lol

Guess that makes him someone with a balanced view and no agenda?

Lol…..If I am a stock basher because I pointed out that the share is down 50% since I sold the majority of my holding , then you must be a ramper.

I have an opinion opposite to yourself, I have never recommended anyone buy or sell this stock , but keep up the good work

And yet it’s down again…?? Even a stopped clock is right twice a day . I do hope I AM WRONG .

BUT THE HUNDREDS of post by people ramping this share is unbelievable . There is very little balance in the posts and the inability to see a debate based on known facts instead of presumptions

Got to agree with you Doc , I sold most of my MATD in Feb 24 at 3.0 p which was almost a 50 % loss. The news on Heron 1 was almost as the same as in the 2019 RNS, and i suspect they knew of the pressure problems back then. H2 is looking like a lost cause. So after many years and many millions we have one good well , loads of duds and no hint of income….as of yet.

Oil in storage is only of value when sold on the market and there’s a cost to storing it

I hope for a good outcome but fear that the investors are being played by MB , fully expect the usual report of unforeseen delays ,problems , cash raise required at the AGM . Private investors will get done over and over by MB and the board who will recommend a buyout or merger of some sort. MB and co will get there Salaries as always for achieving very little in a long time

Or, I’m totally of track , my remaining shares rocket in value and i gain back my losses.

Meantime the cash i got from selling here has done ok in RR and EZJ . GLA

If you read the latest RNS for Heron 1 it is almost the same as when they discovered the oil in 2019? Except they failed to mention the pressure problems they seem to have now encountered

Strange how they never noticed them back then? Mr Buck and co have managed a good living from MATD considering the results the have produced? Think there will be another raise soon or some rubbish about selling up to recognise best value for shareholders blah blah.

Look at the finances , approx 50 Million spent over the years to produce 1 dodgy well and store

the oil/ fluids with no sales agreement?

I sold the majority of my holding in Feb and move into RR and EZY. Have recovered most of my losses here. The small holding left is in the vain hope of a miracle.

Yip, can buy 100,000 shares no problem on HL. Negotiated order if you above 500,000

Can’t buy on my Halifax account at the moment and was only a small trade? Under £100

Made a small profit on PFC after Covid , but thinking my 6K investment here is/has gone.

Might just stay the distance and take the pain

Thanks coldjoe, was lucky enough to buy into RR at 77p.. Helps take the sting out of MATD

Hope that your are correct and those who remain invested see it come good

I have decided to bail out of this share with a 50% LOSS. Good luck to all those who remain invested.

The lack of news doesn’t bode well, although we should be used to that by now. Just get a feeling that this is rapidly becoming a one trick pony that is going to run out of cash before producing a drop of oil

I have held shares in MATD for some time and have on occasion, sold up for a small profit

However, this time round I allowed myself to get over excited with the imminent news of LP.

The result is a 50% loss and rising.

My head tells me this is just another RKH, oil discovered but still in the ground accompanied by the huge rise and eventual fall in share price

My heart hopes for a similar spectacular rise on the next RNS , but my head say MB will bail when cash runs out

Much the same for myself, have held a small amount of shares for an eternity. Nearly sold at £2.28 before dividend. Wish I had just punted them and moved on.

Share buy back is a disaster , spent a fortune buying them back at what seems too high a price as it continues to fall . Maybe the should halt ,but no,they keep on going.

Anyone noticed that RonBruce writes with the same critical style as JAdam did ?? He disappeared just about the same time as Ron appeared....just an observation...lol

I do love how people are talking about , double and triple bagging. Let’s not forget that this share is almost 50% down since the consolidation. I bailed out , saying I wasn’t a fan of consolidations and took a few peters for saying so. ( blue -square )Since then RMM seem to have sorted out geological and finance issues, so I’m back in. GLA investors......but remember, some investors have made large losses .

Lol...Blue _Square.... Why are you so certain this won’t go lower? You criticise everyone who disagrees with your judgement, but provide nothing to back your stance. I said I wasn’t a fan of consolidations as they are a blunt tool for generating interest in a company and I sold up at .401p .
You criticised my point of view and since then share price has dropped. Financially the company seems to have sorted itself out, now the practical side of mining will have to be established. This company could go either way depending on how that pans out. I may well reinvest at some point, but for now, I won’t invest . Why criticise others who don’t share your opinion?...

@JAdam

Not looking for argument, enjoy an open discussion especially if there are benefits.
Everyone has different investment methods, taking a profit when I can, works for me and my financial position.

I do hope MATD does well as I still have an investment in it. Looking forward to some announcement on Licence in the not to distant future

JAdam
The answer is that while you/ I wait for the MATD share price to rise , I took my profit and put it into PTR, which luckily, is up 15%...MATD may be a winning share , but the market is about investing to make a profit not waiting to see what may happen.
You don't understand my strategy? I don't understand yours? MATD price has fallen and I chose use the profit generated to invest in another company and have a wider portfolio.
My choice , but I don't see how I've missed out at present ,potential gains as you say are exactly that.....potential

I was fortunate enough to buy in at approx 3p and see over 100% rise, decided to sell just under half my holding and will let the rest ride. Totally agree its about timing, I just decided to take some profit before the price started to slowly fall and look for other investments. Can afford to sit back and let my remaining MATD shares rise on news when it emerges. GLA LTH think this company will do well

In London, miners were following commodity prices lower.

Fresnillo lost 3.4%, Glencore 3.6%, BHP 3.3%, Antofagasta 2.2%, Rio Tinto 2.3% and Anglo American gave back 3.4%..
Major producers like Anto are down from there highs of last couple of months. In fact ANTO share price almost mimics the fall in RMM
RMM need to be producing ore to make money , would you agree Blue _Square?

I can’t grumble about this share as have been involved since early doors and 30p a share era. Have bought and sold numerous times and up over 100% at present. That being said, I am getting frustrated the way this share reacts to what seems like a reasonable profit.
Mind you, if I hold onto the shares for 20 years as PP1 recommends, I might make a lot more. Enthusiasm is fine if tempered by reality, maybe it’s time this company looked at giving a dividend to its shareholders instead of big rises to the bosses for meeting targets?