Member Info for investor33

Zooman ; that only works if we filter the posters who continually respond to the trolls because they haven't filtered the trolls for reasons best known to themselves. Otherwise it's hard to ignore the never ending tit for tat and the trading of insults which often takes up most of the board - especially in the evenings and over weekends.

If it finishes well down on the day's high, then I will be hearing the thud of a cat landing from a skyscraper...

Thorno ; TBT has shown zero intelligence in terms of dealing with the trolls, to the extent that it makes me wonder whether the trading of insults and tit for tat nonsense is false and manufactured.

There's only ever one way to deal with trolls on any type of online forum - FILTER THEM !

In fact I'm wondering if some of the apparent trading of insults is simply the trolls working together in order to disrupt the board. I think that article about boiler rooms mentioned this as a tactic - manufactured fake arguments amongst the paid bashers.

TBT filtered now. He's being played like a fiddle by the trolls and does more than anybody to keep them on here.

Plus, I've never heard him actually discuss MATD.

Hi TT ; I agree totally.

TBT and Gravy sound like they might be the same person to me- I'm not sure though. Whatever, I'm sick of seeing about 20 posts a day from the pair of them screeching at Doc, Adw and SM and always saying the same thing pretty much. This is usually ongoing throughout every evening and all through the weekends too. It's completely pointless, and frankly they do more than anyone to keep the likes of Doc and Adw and other trolls permanently on here with their endless tit for tat, the name calling and the trading of insults. Plus, they never seem to engage in any useful debate about Matd the company.

" they keep accusing them ad infinitum " I meant.

We need the company to pull up its socks and announce that payment for the oil has been made now so that we can take out that highly resistant 2.4p resistance level once and for all. So far 3 times this year it has hit it and then fallen back heavily.

And I wish TenBag and Gravy would stop spending every evening screeching at Doc and Adw. These two never discuss the merits of MATD - they just keep accusing them ad of not being invested and asking repeatedly why are they there etc. It's cluttering the board, it's boring and I really wish that they would just filter the pair of them instead. Being silent can be a sign of strength, not weakness. Being triggered by them non-stop is as sign of weakness actually, and it feeds the trolls with what they crave most - attention.

If they don't stop it I'm going to filter TenBag and Gravy as well.

There will be urgency with the JV talks most likely - as it could well be the case that a JV partner would want to do things this year.

Billy ; "Expect very good news soon."

You mean you expect your message will spur them into action, or you got some kind of response from them ?

Gravy ; it's possible to hold the board through intelligent discussion amongst existing shareholders, and any others who may be interested in the company. It's not at all necessary to keep responding to the trolls in order to do this. It only encourages them.

We know that Doc, Adw etc are not holders, but it doesn't help to keep repeating this to them ad infinitum - it just gives them a quick dopamine fix through them thinking that they have yet again triggered you.

For goodness sake Gravy - filter Adw.

Just do it please.

Thorno ; It's not good for one's mental health to be continually reading what the trolls post, and then being triggered by them, flying into a rage and then immediately responding to them. It's totally unnecessary, and it's counter productive. It helps keep them on here.

I have all the major trolls filtered ; Doc, Adw, BP, Aquisace, StockMaiden, etc etc. And I couldn't give a toss what they think or post, as I will never get to read what they post. Simples.

And it's true that the trolls never filter other people. That way they would starve themselves of the interaction which feeds them, and which supplies them with their oxygen - the need for constant attention.

The trouble is that not everybody filters the trolls, so they keep feeding therm.

Gravy - you and TenBag should filter them. There's simply no need to keep reminding them 20 times a day that they are not invested so should clear off. Through repeatedly telling them every day, they get what they want most - which is constant attention, and the satisfaction that they have triggered people.

Filter them.

Gravy ; I think that the MMs take full advantage of MB's poor communication skills as a CEO.

A penny less now than that recent resistance peak of 2.4p. I believe in MATD's prospects going forward, but I don't believe in AIM the index - it's a dreadful exchange. What a shame the company can't be listed in the US instead.

At the moment we are stuck in a range between 1.2p to 2.4p. Great for the traders. We've bounced down from the 2.4p resistance three times now this year. IMO the best strategy with most AIM stocks is to trade them, as the price movements are pretty vicious. The price action with MATD has never been remotely stable for the last 10 years or so.

Or a dead cat bounce ? That would be inevitable after such heavy falls in recent days.

If it finishes well off the high of today then we will know the answer....

So two up and coming UK tech companies have been bought by US companies this week for about twice their mcap. The papers were pointing out yesterday how this shows that UK companies are tending to be very undervalued on the LSE - hence the exodus to list in the US instead. And this is down to the huge capital outflows away from the London markets in recent years.

So this is one big reason why it's another false narrative to claim that in the light of MATD's current mcap the price for the sale of Block 20 would have to be really low. It's the value of the oil in the ground which really counts, as LSE valuations are clearly extremely distorted at the moment.

Actually, after checking again, the price of oil went as low as $15 a barrel in 2001....And again in 2002.

When PC were considering buying Block 19, presumably the calculations were based on average prices over the previous few years. And the calculations probably started well before they finally bought Block 19 in 2005. So those lows of $15 a barrel would have been part of the calculations very likely.

So I've seen several posters mention that " no way would PC want to buy Block 20. " There was yet another one just yesterday offering this opinion. Of course they never give any reasoning behind these thought processes - just a dogmatic opinion based usually on nothing more than enmity towards the company ( and perhaps towards its shareholders ) So therefore it's really no more than wishful thinking most likely. They want the worst outcome for MATD and its shareholders.

So once again, do a comparison with Block 19, which Soco sold to PC back in 2005 for the equivalent of about $145m in today's money.

Up to 20025, Soco had seemingly failed with Block 19 given that they had done 27 wells and only extracted a sum total of about 350 bobd. Imagine what the MATD detractors would be saying about MB today if MATD had drilled 27 wells for those kind of production figures. I shudder to think what they would be saying.

And also, there was no 3D seismic study done for Block 19 when PC bought it, whereas the northern portion of block 20 does have some 3D data, courtesy of PC, as they had it done for block 19 and it included part of Block 20.

And then also consider that between 2000 to when PC bought the field in 2005, the price of oil was incredibly weak. I think it went down to about $30 a barrel at one point. Even when you adjust the price of oil for today's values, the average between 2000 to 2005 was quite a bit less than the price of a barrel today. And I see that we may be about to hit $70 a barrel again shortly.

So the critics need to come up with something better than just " PC will not be interested in Block 20. " Most of them probably don't even know where Block 20 is on a map.