Member Info for gus0

Mid term is what the oilies look at and not tomorrow, perfect storm again- not enough in it to go exploring but there's a need for more barrels. Discoveries such as BOR are needed more than ever, Trump will unwind all his tariffs over the summer and oil prices will rebound.

Mogger, that's so good of you. Although commercial discussions right now don't actually involve them but we will let them know once all is concluded, you can of course post after everyone knows (as usual).

Hey Mogger- why don't you ask who the big buyer was instead? Ferkin fool........

Well MD this is probably the first time I agree with you, apologies Borderstothemoon .

Bad day at the office- goodnight.

Borderstothemoon- do we need to see your proof? I couldn't care less if you are here or not, or how many shares you have! Does it do something for you? Bloody hell if I told everyone each time when I bought , tihs place would have been buzzing for the past 3 years.....

Rumble dont be a dumbo... FI want oil development. Seriously I question your mental state -mate.

Hey Anth, I don't give a shi*t personally as to who will partner us, but I am sure as hell the leading American investment bank isn't in Beijing selling our story. Also Argentina are China's biggest export market in South America and politically the UK government wouldn't want them drilling in the FI.

For these reasons at least- there will be no Chinese partners

Ddubya-put the politics aside, it's all about money and lots of it. US Shale has maxed out and is reducing, it's harder and harder to get the stuff out and they're even triple fracking wells to squeeze the last of it out from the ground. Oilies have their eyes firmly offshore now and in my opinion it's just a matter of time and certainly within 2025 that we get our partner.

Personally i'm utterly convinced there will be no Chinese partner but instead an American/Canadian partner or even some involvement with Navitas. I'm also convinced that some sort of offer has been touted but a very poor one hence the defensive raise the company did to finance us until the end of next year. I see the excitement from the board though and believe one of the very many conversations our investment bank are having will close a good offer.

The next 6-8 weeks may well see Nav's FID at RKH and it be fireworks here at such a ridiculously low market cap- expect the 7's to be breached finally once and for all with double digits easily achievable.

US Operators are looking abroad for assets, forget the politics because all the oil market wants is profit. The Chinese won't be developing the Falklands that's for sure due to Argentina being their largest trading partner in South America.

American shale doesn't survive sub 60 USD on WTI and Saudis need Brent at 90 USD to balance their books, Opec won't be flooding the market anytime soon and neither will the US. The maths just don't add up.

Mid term oil is at 75 usd all day long and the falklands development is going to happen. Nobody is searching for big barrels anymore, it's too expensive and the markets are too volatile. North Sea is dead and buried and there are few if any places left that's already discovered with assets the size of our's with 40 usd and less breakeven.

Slippery Slipsticks here......... when's the bounce coming? RKH fid soon and the Americans sniffing at our assets..............

AGM soon- Its a very important one and I will be there for sure.

US shale break even price is at least 65 usd , especially in the Permian. US domestic energy seekers have already started decommissioning wells and stopping new drills , USD is weakening and now relying on more imported oil at a more expensive price. It makes the Falklands so much more attractive at this price level, millions of barrels of competition has just been wiped out. Darwin pays for itself after 24 months of production at USD 60 per barrel, the economics are insane.

American Shale won't survive sub 65 usd which will push demand up due to decommissioning of rigs in the US, US exports of crude, gas and refined products will be targeted (and is targeted) by defensive tariffs (China for example). Expensive exploration will stop, Europe demand is going up (despite the pessimistic situation), hedge funds are piling in to oil and gas (even now). Last but not least Tumps bark is worse than his bite, the tariffs will be severely watered down at some point. Existing discoveries will be more valuable, no exploration needed and super large finds such as ours will be rarer and urgently needed. Oil and gas companies don't give a hoot to worldwide tariffs , wars or pandemics-they care for only money. In any event- crude oil and natural gas are EXEMPT from his tariffs and I am extremely bullish here with the market cap where it is.

Personally Phil, I don't think you will get told anything new that we don't already know. I think these investor showcases are again part of the new "defensive " strategy that the board have began with. The board actually seem to care now about the daily market cap of this stock for a change and that's not because they hold a shed load, far from it. The lower our market cap, the lower any takeover offer would be oand lower any investment/ farm- in offer would be, it couples quite well with the recent cash raise, which again was a defensive raise to fend off low ball offers. So the board want to keep it's investors and attract new investors, they want to see an appetite for this stock which will propel the stock higher, increase the market cap and force more cash from any new partner/owner.

There's obvious investor fatigue here, so expect more of these events going forward to keep the flame burning.

Morning all, thought I would pop my head in and I see the morons from RKH have infested the board again! Uninvested here and completely wrong on all fronts with their comments, why they genuinely hate the thought of this stock doing well is truly beyond me. However one poster here really doesn't do himself any favours by continuous ramping, telling everyone how many he will buy daily and then he sells a load because of one bad day for the markets, he's a like a moth to a flame for these RKH losers and has no integrity or IQ.

Nice to see Harry is giving you all the opportunity to ask questions, it's his new thing to engage and it give you all he opportunity to hear how excited he is and how many barrels we own- it's truly staggering. Also their plans for drilling, the eyes on rig availability in Africa and more. Why the raise was important at such a weird time, because it was a defensive raise and you can look at that in multiple ways.

So much "expert" opinion focuses on Darwin not appraised, however these doughnuts need to understand how fluid it is and its basically a given that it will flow in exactly the same way as it did when discovered, in fact it will flow multiple times more than RKH's thick crude and as such, we need less wells to develop and much lower CAPEX.

The appraisal is nothing more than a box ticker.

RKH fid will be here soon I think and with that signed off- we will get our partner to commit shortly after.

Good luck all, lets hope its a blue day and lets get through that tricky 7p soon!

I

Hey Grey, I have nothing against MATD, I have previously invested but it's bad news- I am just telling the truth. Watch the stock price over the coming days, it will dip below 1p. I wish it was different, I think I was here at 15p once!

The problem with MATD, is that it's over valued at nearly £22 million. Banging out 200 barrels of sludgy crude a day with no buyer, the company is cash strapped and continued dilution is making the company very weak. Unfortunately this stock is heading to less than half a penny very soon, I called out a while ago and this is my final call- this is where it's going. Sorry faithfuls, it's bad news.

You are all nutters, crazy blind sided fools...... I gave my view as a visitor early doors on L2 and you are 14% down. This stock will dilute again very shortly and again after, sorry get out whilst you can.