Member Info for Gower

I expect the rig confirmed by then so 12p

Manro I hope the situation is as was told in the last RNS, and the interviews MB has done. Anything else is speculation. I’d go with WhiteMan’s excellent post below. A realistic view. I hope your long-term interest in Matd pays off.

Manro used to call anyone who didn’t ramp MATD a dog. Manro you say you’re still holding. Fine. The facts are simple. The company went to 9p because of the super potential, but since the oil wasn’t going to be tapped last summer and funding was needed, it was not going to stay at 9p. The raise came when it did. The price would have fallen back whenever the raise came. It was needed abd now we’re in a good position. You’re bitter because you’ve been waiting years and you’re not in profit but just hold on. Looking forward to your optimism coming back.

I’m with you rich.

I hope MB & co. note the pummeling that uncertainty is causing and RNS some good news this week. It would be nice to buck the market.

MATD has already found oil.

Sorry it's 3.02. Whatever, I hope MATD makes it this year.

Hi Ojay I didn't buy all at 2.6, but average is 3.2 because I didn't think it would go so low when I was buying most. I didn't get to 1 million either, but 750,000. Just holding now. The rise is totally justified without a further RNS than the last, but it's come sooner than those who watch MATD every year expect. Also, I expected a 50%+ day when the rig confirmation arrived, which would still be good.

Thanks but I bought some at 2.6p and would prefer to offload them in a year or two.

Darren you're a good judge of the tides of sentiment and you got lucky with the last RNS. But please be careful. Putting £1500 a sell point on small companies that are clearly in the stages of recovery could end up being really damaging for you.

There is a ridiculous lack of patience here. There are people losing money by selling at every bump in the road. I’m impressed by the openness and safety of the company. They say they’re a good place to work for families. They’re keeping their employees safe. There might be an argument that omicron doesn’t pose such a risk to warrant this but then the delay isn’t substantial either. It’s not a cowboy outfit and this proves it. Knife edge chat is pure stupidity. As is selling really.

Lethal the variant has knocked this back down but if you wouldn’t have sold at your buy price - if you’re waiting for the mine development - then don’t let 30% loss worry you. I hope we’ll see an improvement in the general market when this variant burns itself out that will coincide with Rambler’s plans coming to fruition. I’ve lost the paper profit here but not bothered as I’m waiting for better than this year’s high anyway. I should get better at trading lol

· 25% of the shares under the Award shall vest on the first production of oil on a commercial scale; and

· 50% of the shares under the Award shall vest on the Company selling 1 million barrels of oil.

Big incentive.

Hamm I wasn’t invested last summer because I knew funding was needed. I was surprised it went to 9p, but that was on perceived value. Maybe some people thought drilling would begin last summer. They were a summer early. You’re a weird or bitter guy to spend so much time whining about something you’re not invested in.

A good answer.

All of this is besides the important thing - Moon was wrong.

It is. Bought more.

‘Contracting negotiations with drilling, well completion and infrastructure services providers are at an advanced stage with contract awards anticipated in good time for the start of the operational season in Q2 2022.’

Contrary to the doomsayers.

It's good to have different perspectives, but after skimming through that film I think it's quite a poor quality approach. For example, the presenter who sets out to find 'the truth' concludes that 'no-one knows anyone who's died of Covid'. And that people wouldn't know there was a pandemic if it wasn't for the media.

Indeed. The media use fear to promote their content, but would you rather not have any news?

And the mortality graphs they use which show higher deaths in years pre-covid? Here are the real ones:
https://www.ons.gov.uk/aboutus/transparencyandgovernance/freedomofinformationfoi/deathsintheukfrom1990to2020

Yes, those are real.

£3k top up

I’d like to hold this long term. It’s not a pump and dump. It’s kind of the opposite. Underpumped and overdumped. Early stages of recovery. Good management, financed, good mine, producing, stopes opening. Looking forward to the next update.