Member Info for ID78

True enough, I’m working so just read the headline ave price 1.0386 for a total cost etc

Oooft he should have bought yesterday. I got 0.0036p cheaper yesterday.

Bad jokes aside, that’s a nice healthy director buy.

I just don’t believe he’s in Italy, based on the sound and sensible Hamm logic of it can get a bit hot there (don’t you know.)

Sorry, still having fun with this one Hamm, it was beyond ludicrous.

Oiler 87- I was also in ADV but sold before TD.

If I invest in exploration companies in the future I do not plan on holding till the results either, the risk is too high for me.

Oiler, I don’t know what you are invested in now but check out Fair Analysts posting history. There might be something that interests you.

Everyone else, I was not invested here but take no pleasure in seeing this result. All the best going forward and I hope nobody has lost too much.

For anyone that missed my sarcasm.

Heron 1 spud was planned to be July 2019. July is the warmest month in Mongolia. So if we could drill Heron 1 in the hottest month I can only conclude heat is not an issue. The rigs appears to have a melting point high enough to cope.

Oaft 23 degrees.

This is why they never drilled for oil in Saudi Arabia. All that oil but just too hot to drill unfortunately.

Workover - we are waiting on the contractor confirming when they can do the 2 week workover for Heron 1.

Hamm they have not been negotiating with DQE since last year. DQE’s approach was news released in only February of this year.

We are not negotiating with the contractors to workover heron 1. We are waiting for them to do their job. Negotiations are complete. As a consequence of COVID restrictions many jobs have been delayed and the contractor has a very full order book. They are extremely busy and we have to wait our turn. Hamm you know this so I don’t know why you keep asking why. I just guess you don’t listen.

I like how COVID restrictions and delays don’t apply in the world of Hamm. Unfortunately on this planet COVID has meant delays and not just to MATD.

Two things about early Q2.

1) Today is early Q2. So is tomorrow. So is the next day… I could go on so the fascination of no announcement when we are still early Q2 - I just don’t understand. News could drop any day.

2) if it does not drop early in Q2 so be it. We are talking about negotiations between two companies, it takes a bit of time. Hopefully early Q2, but if talks continue then, to my mind, so be it. I will not get too excited. I’d rather a favourable deal reached with DQE than not. But, again, DQE is the icing on the cake. Starting production ( on our own ) is significant and that does not need DQE. It needs a team that are contracted and we are waiting our 2 eeek workover slot. We also need a permit to store the oil in a tank. This is all we need to move the share price.

DQE would light a rocket under it

Thank you

It’s obvious I’m a more bullish MATD investors, so please don’t take this the wrong way master82.

Where did you find out about the local conference?

All AIM shares are a punt, but there is measured risk (extracting oil you have proven to be there) and off the scale risk (drilling for oil that, typically, may not be there- there is a low chance of success on exportation )

Ad for lies, I have seen lies from the derampers. A classic was suggesting the workover crew can not do their work before the permit is released for storing the oil in a tank. I did notice that post was removed/deleted after realising the lie couldn’t stand up.

As I say, AIM is a casino but you can pick safer bets, which I think MATD is one of

In cash. Don’t know why but that made me laugh

Hi VS - I use MarketScreener and they have solid downtrend but, in saying that, the last month could have established a bottom. Close above 1p and this could be the start.
But charting is only a tool to time buys and sells.

Fundamentals matter and I like the Caracal story

Not invested, but been watching since 1.4p

They way I see it 1.00p is the price to beat.

Close above 1.0p and this might actually be the end to the downtrend

Good luck all

This is the bottom.

The chart I’m looking at shows 4.10p to be our old resistance that we have broken through.

So a bounce from here today would be a very good sign.

Nice post Grogers, pretty much says everything.

Gla

Hamm the reason was given in the interview.

The workover slot if difficult to get due to the contractor being extremely busy. It has absolutely nothing to do with the permit. If you just take time to listen to the man you might learn something.

You are obsessed about this permit and just making up nonsense again.

They can workover the slot. Even IF the permit took longer then they could workover the well and close it off, waiting on the permit.

Workover slot is not related to permit.

I’m noticing a correlation between Dozzawba not posting the morning (we all know the post) and a drop in share price this morning.

Maybe we can all chip in and make Dozz a paid ramper, he seems talented :)