Member Info for investor33

And with hindsight now it's obvious that there are huge risks in terms of price volatility with junior explorers which have no revenue stream.

" done that too "

Useless predictive text....

I reckon I had about £40k of possible profit over the years which stupidly I didn't take at the time.

I could easily have taken all that profit - as every year for 4 years I was at some point in profit - and then just put say 25k back in on a dip so that it was a free hit with 15k of profit locked in even if the company went bust. You could have done that to buy you thought that you only have to dump a load of money in, sit back, do nothing and become a millionaire.

A microcap is not like a main market share which if you catch it right you can sit back and watch it run on a long upward trend.

Some of us live and learn - others are too proud, and instead look for a scapegoat. In you case ,- MB.

I've been invested since 2019 Master - have never sold, as like you I made the mistake of not taking profits - or at least top slicing - when they were on the table.

I don't blame MB for this - I blame my naivety about the typical price action of high volatility microcaps for this.

Instead of being fixated on just this one - look at a bunch of junior resource stocks and you will see how people can be well in profit one moment and heavily underwater the next. Wake up.

Master would have been calling for the head of the CEO of Rockhopper when it went from £5.00 to 5p in 12 years...

Not psychologically fit to be dealing in microcaps.

Rockhopper buying volume today - 1.87m.

Our buying volume - 21k.

Showmethe money is heavily into GCM Resources.

That's the one which was about £8.00 back in 2005 and then £2.90 in 2010. It downtrended rapidly to a low of 0.9p in late 2023.....

So he's got a hell of a cheek to taunt about MATD's price action since May 2024....GCM is up since that low, but it spikes a lot ( 9p in April 2024 and then down to 1.5p in Feb this year, 5.6p currently ) so looks like a classic pump and dump to me.

Showmethemoney ; volatility is part and parcel of microcap price behaviour.

There's a junior aim gold explorer which is currently generating excitement. It was about 30p back in 2021 before falling to a low of around 2.5p earlier this year. It was about 18p last time I looked.

Or take a look at Rockhopper - the best performing aim stock in the last year. It went as high as £5.00 back in 2010 but was about 5p in late 2021. It's now 78p....

People who make MATD's volatile price action sound unique IMO are pretty clueless about microcaps. Just take some long term charts for say 10 to 15 aim junior resource companies and see for yourself.....

Dividend payouts would definitely entice institutional money in. That's most likely why MB was keen to mention this probability in the presentation .

With a farm out in place, and with one or two of the RTB renewable projects due to start coming to fruition as of next year, hopefully that might trigger institutional funds to at last start flowing in. Then you get a proper breakout long term trend, rather than the retail herd spikes like we have had in the past.

Someone will certainly get a rude awakening if they try to " tap into the line" expecting oil.....😂

"For renewable energy projects, Ready-to-Build (RTB) values are typically benchmarked in euros per megawatt (€/MW) or megawatt-peak (€/MWp), reflecting the project's capacity. These values vary significantly based on the technology, location, and specific project characteristics, as well as broader market conditions.

Valuation benchmarks by technology and region

Solar PV

Valuation metrics for solar projects are often expressed in €/MWp, where "peak" capacity accounts for optimal sunlight conditions.

Western Europe (H1 2024 averages):

France: €157,500/MWp

United Kingdom: €140,000/MWp

Ireland: €130,000/MWp

Germany: €119,100/MWp

Southern Europe (2024 averages):

Portugal: €175,000/MWp

Italy: €127,500/MWp

Greece: €106,300/MWp

Spain: €97,500/MWp

CEFTA & Eastern Europe (2024 averages):

Hungary: €155,000/MWp

Poland: €148,300/MWp

Bosnia & Herzegovina: €122,500/MWp

Romania: €99,900/MWp

North America (H1 2024 average):

€83,200/MWp

Onshore and offshore wind

The value per MW for wind projects is influenced by factors like location, grid access, and government support schemes. A mid-stage offshore wind project, for example, could be valued in the range of €50,000 to €150,000 per MW.

Battery Energy Storage Systems (BESS)

BESS projects are valued for their ability to provide grid stability and store excess energy.

United Kingdom (H2 2024 transaction range): €55,000–€73,216/MW

Germany (H2 2024 transaction range): €45,000–€62,500/MW

Key factors that influence RTB valuations

Several factors can cause project-specific valuations to differ from regional averages:

Grid connection costs and timelines: Secure and timely grid connection is a primary value driver. In the UK, for example, access to the grid is a critical factor leading to wide transaction ranges, as projects with secured connections command premium prices.

Permitting and regulatory environment: The stability and predictability of a country's regulatory policies and incentive schemes, such as Power Purchase Agreements (PPAs) or tax credits, have a major impact on a project's cash flow and investor confidence.

Location and resource quality: The specific site's energy resource potential is a fundamental determinant of value. This includes solar irradiance for PV projects or consistent wind speeds for wind projects.

Technology and market maturity: The maturity of the market and the technology used influence perceived risk. Mature markets like Germany often see more conservative valuations, while growth-phase markets like Ireland may offer scarcity value for quality assets.

Supply and demand: Market dynamics can cause significant fluctuations. High investor demand can drive up prices, while intense competition can lower them.

Offtake arrangements: Long-term revenue certainty, often provided by PPAs, reduces risk and increases a project's value. The credibility of the offtaker and contract length are significant valuation input

Based on the top end figure of $100k per MW which MB stated, the four projects which we have in the bag should presumably be worth more than the minimum value which MB put on Heron ( $150m ) At the top end of $100k we are looking at around $177m, or $88m at the lowest figure of $50k per MW. Shared with Sunsteppe of course.

From AI about RTB values ;

" The price a developer will pay for a "ready-to-build" (RTB) renewable energy project is highly variable, but for onshore wind, it typically falls in the range of €50k to €150k per MW, according to industry advisors. This represents the value of the development phase, not the total cost of construction. The final price can be influenced by many factors, including the technology, location, and the specific agreements in place.

Factors influencing the purchase price

Technology: Different renewable technologies have vastly different development costs and project values.

Offshore wind: These are large, complex projects. An early-stage development could be valued at less than €50k/MW, with mid-stage "shovel-ready" projects valued in the €50k–€150k/MW range.

When a developer buys an RTB project, they are paying for all the pre-construction work and agreements, which include:

Site control: Land leases or purchase agreements.

Permitting: All necessary permits and licenses.

Interconnection agreements: Contracts for connecting to the power grid.

Power purchase agreements: Long-term contracts to sell the electricity.

Engineering and design: Pre-construction engineering work.

Solar PV: Prices vary greatly by region. In 2024, one UK-based listing offered a 67 MW shovel-ready solar project for $7.5 million, which breaks down to approximately $112k/MW.

Battery Storage: A 44MW/88MWh shovel-ready battery storage project in Finland was listed for $31 million, or roughly $705k/MW."

Kevin - ok, fair enough.

Alan55 : how about a farmout deal which leads to around half of say 5000 to 10,000 bopd ?

And/ or the four renewables projects with a combined worth of around 175m to be split with Sunsteppe ?

Is that enough ? And the share price hasn't just downtrended for years - up until this year it has bounced up and down in any given year, with typically a huge range between the high and the low of a given year - that's typical of aim microcaps.

KevinRound - you stated that you are only here for a short time in order to try and get a quick profit from H2 news. I'm not sure therefore whether Adw189 is a ramper or not would bother or concern you. And anyway, the wos era was seemingly well before you started posting on this board..

If you are only going to be here for a short time for a quick trade then I would have thought you would be cheering any perceived rampers on - not calling them out.

Doesn't add up I'm afraid.

The Mongolian gvt were capable of quickly waiving the necessity of planning permission for the H1 infrastructure, yet over many months cannot muster the effort to produce one letter in order to clear up the tax situation.

Strange how the Mongolian gvt who are supposed to be keen for MATD to succeed have taken months to produce one letter in order to verify whether taxes are due or not.

" I have highlighted "

Adw189 ; I will continue to look at the pros and the cons. Mainly the positives though, as I feel that after many years of frustration for shareholders ( at least those who have just held and not dipped in and out frequently ) MATD is on the cusp of great things.

Some of the points have highlighted which some might subjectively consider to be " negative " are simply generic observations regarding microcaps. For example, how forward selling works with microcaps when they do capital raises. Or let's say the volatile price action of microcaps in general - recently I've been noticing the highs and lows of a wide range of companies on LSE and Aim. There was a biotech the other day which was up 105% in just one day, but with a range of between 0.85p and 7p in the previous 12 months. Over and over again I've seen this incredible price volatility. IMO these are highly relevant factors to always bear in mind, as it's obvious that microcaps are a highly specialised area of the financial markets.