Member Info for Gower

Sorry I was making the obvious point that shares were available to everyone and as a private investor the only discount I expect to get is by buying in at a good time, and I think the price will rise further when permits and rig progress etc are announced.

Shares were recently offered to PIs sub 1p. I got 5m. Now they’re being offered at a discount to next month.

But not wasted on people invested. Thanks boom.boom

Yes if. Also Cenkos are a bit biased. But their suggestion for the pre-find price at about 5p isn't so silly. Anyway, I would be delighted with half of that! By the way, ignore posters like Miloh. Many a forum has its resident loser who, though usually not invested, spends an unhealthy amount of time naysaying. What a weirdo!

That’s right, it’s November now, not September.

I’m glad to be averaging at the current SP with over 4m shares. Don’t mind if it drops short term before rising - will add a few more. To state the obvious: this is an appraisal well, and that’s why Prem is investing the cost. Prem’s investors appreciate it too. The recent 88e placing means any extra costs are covered. The potential is great on the current SP for those multiple layers. The ‘missed pay’ revealed by 3D seismic is intriguing. Hopeful and looking forward to the good number of updates coming in the next weeks.

Similar - I was here from 5 to 10p that heady summer. I remember the 50% increase up to 10p in one day. I should have sold at that point of course, but did about 8p becuase the price was out of proportion to the oil found at that time (none really). Now bought back in last week £4k because of the licence news and coming oil extraction - I think it's undervalued now.

Impressed by your research Bis. My average is much lower now, as I bought at 2-5p this year. I'm in profit overall on MATD, and think it's a fantastic year for the company. I hope you're in profit too, and realise that. Have a look at the last RNS, the calendar, the share movement, and good luck.

Completely agree CaptainStanley on the consolidation. But on Bishand's view; it's not his real view. He did the same last year and it was quite relentless and unpleasant, and coincided with a time when the SP was drifting, then one day he magically said the share was the best thing since sliced bread.

Missed your entry point Busyhand? I didn't, look back to January. It's not too late though.

I see you're still an absurd and bitter loser Bishand.

I certainly got that impression of David Lenigas and was out of UKOG before it dropped but while it was still fairly obvious what was going on. Now I don't think there's any need to worry about Mike Buck yet. He has done what he said he would do, with delays that feel like a long time, but aren't really. The last RNS was clear and realistic, and the prospect of drilling two promising wells simaltaneously is excellent. Now would be a good time to buy if not already in. Having waited two years after selling at a loss last summer, and making it up after buying between 2-3p for this year's drills, I do look forward to an update soon!

Thanks. Mike's excellent. Very reassuring was the statement that last year's drills did not incur unexpected costs, so the funds are still in place for a four well program this year. No unexpected placing I hope. Bring on the next few months before spud.

You're ridiculous.

What happened to the 10 bagger? There wasn't one because there wasn't any oil. If there had been, 10 x is realistic. That's why we're on AIM, it's obvious. But to say nothing will happen in 6 months is completely wrong. Drills will approach. Double this price by May, makes this a good buy now to wait.

I emailed admin to suggest twitter updates and they kindly replied:

'The drilling programme for Wild Horse 1 is still planned for 2018 and we will provide an update to the market once the well spuds.

We are aware of the chatter on the bulletin boards and are in the process of establishing a Twitter account to continually update investors on the Company's progress and provide imagery of the drill sites.'

'In the process of' doesn't inspire confidence anymore, but I hope they surprise us before the (hopeful) spud.

116,000 for me yesterday. All is evidently on track. This is a gift of a price for anyone new to MATD. Personally I wish I’d traded a bit before, but hindsight etc... Maybe the swings aren’t over but the drill moves on. A hint of oil and boom.

Morale. And you remember before four weeks ago.

Manro is brilliant. Bishand you are a hypocrite. You used to come up with lots of nonsense to put people off, just so you could buy in... not that it did anything but make you look foolish.

I thought I was losing it when down last month after the success in Italy (bought some more on success). I usually do ok. I did sell about half of this and put it in MATD two weeks ago. But I kept half. It simply is hugely undervalued, and it has stopped obeying logic. The reason is news flow / the placing. I don’t think the placing was bad, quite the opposite because we need to buy the next share in Spain. The way I see it there’s nothing to report before production (is there?) and when that happens there will be a correction, and probably to about double where we are now, because it should be 0.8 on successes, plus proven production... no more placings needed before production... so double in three months? That would be ok.