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Do I get it right that FXPO is trying to dilute Zhevago as a result of this placing by selling all newly issued shares to institutional investors?

Thinking about VAT refund as just a delay is way more delusional that offering to get a loan to finance a temporary cash shortage

Badprophet, I would say it is not peeing in the wind, it is peeing against the wind. Then say it is not urine but rather honey😂

And I an not sure who are those brave institutional investors eager to invest dozens of millions into a sinking ship FXPO currently is

What is their rationale? What discount may they want for their bravery?

It is not gonna be an easy decision for Zhevago

Either to inject a minimum of $50 mn risking to lose it all as a result of nationalization

Or to get his almost 50% stake substantially diluted

Two weeks left annual report release

Without an equity raise FXPO is not a going concern

So there are two options really:

1) Raise right now at whatever the price

2) Delay the report further, have the shares suspended

Which one would you prefer?

You’d better wait for a RNS re farm-out

Because if there is none (and chances of that is now over 50%), the only alternative MATD will have is another raise

No doubt at below 1p

Proquo, this is a penny stock as of today. It will continue to be so in any observable future

I based my purchase based on drilling results' expectations, which were supposed to be way better than actual results

If you don't understand the very basic logic, you shouldn't be there

Just becasue there is a dozen more iditios like you on this forum doesn't add any credibilitiy to all your nonsense

Fundamentally, MATD is a one penny stock and it will continue to be so for the rest of 2026 and in 2027

So the only hope here is a speculative, short-lived rise. I think there is a reasonable chance we see at least one this year

Gvw 121, that's exactly my strategy with regard to MATD - wait till there is a spike to 2p to sell without a loss

I originally built a stake here at 2.2p hoping for reasonably good drilling results. MATD used to be known for several short-term spikes per year back then

So my rationale was to wait till the next spike, on the back of drilling results, to 4-5p, then sell

Never happenned

I sold have of my holding a year ago when the share price increased to 2.3p. Should have sold it all but I didn't

After some top-up below 1p, my current average is 1.9p

So I need 2p to exit comfortably. And I definitely won't hesitate to sell if and when there is such an opportunity, even if it's just within one trading session

You are so funny, I know more about MATD than you all combined. Continue dreaming and continue suffering from you losses hoping you will recover them one day. You won't

The buyer may formally remain in the process but have no real interest to proceed

obviously

There is only one interested party involved, no competition. This is never a good thing for a seller

The longer the wait, the less likely the deal and the worse the terms for MATD

The seller may formally remain in the process but have no real interet to proceed

Judging by dynamics (almost half a year since a site visit), there is no deal on the table

I have seen all this cr@p about 200-500+% takeover premiums so many times during my 20+ years career as an O&G M&A investment banker

Never worked out like this. And never will. Definitely not for MATD

The latest one was Wood Group. There were so many dreams on this forum about an inevitable 200+p offer from Sidara. Dozens of happy holders were 100% sure shareholders would never approve anything below 100p

I said from the very beginning it would be 40-50p (and for 50p we should be really lucky). There were so much hatred towards me in this regard

The offer turned out to be 35p, then decreased to 30p. Was approved by the shareholders and the deal successfully closed

For MATD, one can easily take over it at 2p today. But nobody will, just not worth it

But you can dream about 5p, about 10p. They are equally just fantasies

Proquo, you are an idiot. Full stop

You have no clue about M&A, about takeover premiums, etc. You have no clue about MTD’s intrinsic value currently

One can easily take over MATD for $50 mn today and it will most likely be approved by the shareholders who got fed up with all this nonsense

But nobody will as it is not worth that much

Continue dreaming

Now that Orban is defeated in Hungary, there are no obstacles left to continue the war. Europe will be more than happy to finance it

So a peace deal is now even less likely. Definitely not in the next 6 months, it will be used by Russia to get as much of Donbass as it can

Those talking of a peace deal any time soon, one simple question: will Ukraine get out of Donbass?

I assess MATD's risk of going bust one way or another obviously not as high as FXPO's, but MATD's risk is pretty substantial as well

On the other hand, FXPO has a huge upside but low probability of that happening. MATD does not have any meaningful upside in the next couple of years, hence the probability is less relevant

Plenty if unsubstantiated optimism yesterday

Wonder who were those buyers what was their rationale

$200 mn should have been more that sufficient to be producing 10 kbopd, not 250 bopd