Member Info for ManxKippers

Brent Crude over $67 per barrel.

H2 to be announced - hopefully with good news.

30% retention should be resolved and announced too.

I am starting the cascade of good news right here, right now, by declaring that I do not need Tena pants - yet!

But I am still very excited by the MATD news flows due to start dropping from this week, with luck!

The more interesting question to me is who is selling to enable a 10 million single transaction buy?

At a time when there is so much about to drop and with very few transactions in a day, that is an odd and unexpected transaction to observe.

Punctuation, Drankwell, punctuation! Glass houses and all of that....

The next 6 weeks will be absolutely huge for MATD and will determine the size of and speed of sp rise or not. There should be three or four RNS' dropping in quick succession.

I am feeling hugely excited for the news to drop starting this week.

Liking the satire, SM!

I hope not, but you never know...! Ha!

I agree, ADW, it sounds unrealistic.

There are a lot of it's, but's and maybes here.

It will all depend on dividends resulting from production rates, depending on actively producing wells, depending on the speed of oil strikes and connection for producing wells.

If one thinks of a multiple of say 12 times of the dividend, then a 1p dividend would give a sp of 12p for example. This all depends on the speed of increase in production and revenue.

I haven't a clue, really. But I sense it could be quite big and quite fast.

Thank you, Pilsbury.

My guesstimate does not state an exact figure because it is unlikely that all of the H2, Gazelle and Gobi will all come in. The size of the cash payment for the Farm Out from the Farmee may depend on what happens with the reworking going on now. So I have kept it very loose.

However, my hunch is only a short term estimate for a 9 month price expectation. Once the income starts to flow and dividends are forthcoming, then I sense the price will be around the 20 to 40p per share. It could even be higher by the end of 2027 or 2028.

We don't know, but I don't see the sp shooting up on H2, more of a nudge up. Gazelle would perhaps double it or so. Gobi would double or treble it again if found to be a good prospect.

But the Farmout should see this starting to close in on the 8p to 10p. MATD sp will build from there.

Just my opinion and hope. Loads of IFS and BUTS. Nothing certain at all.

We will see....

Roadhouse, I am not expecting a huge rise in SP if H2 becomes commercial. Perhaps up to 1.25p per share. (Worth 0.5p ish)

Gazelle would lift to 2.5 to 4p IMO, if proven successful. (Worth 2 to 3p ish)

Gobi (Deemed to be potentially big, if proven!) would be a game changer and go north of 6p. (Worth 2p to 5P ish +)

The signed farmout would take us to 8p to 10 p. (Initial farmout should be a 5p to 8p uplift depending on the cash payment due into the company and the proposed schedule of works with income stream generation).

We will see.

MlbeckM - there could be an RNS in 10 minutes. If not then certainly early next week.

Loads of milestone moments about to drop, if all goes well with the acid wash and reworking of the H2 well to make it commercial, then reworking Gazelle and Gobi wells within 3 and 6 weeks or so respectively. And the signing of the LOI for a farmout agreement followed by the signing of the contract with resulting cash payment to MATD, huge roll out of producing wells and revenue streams for MATD, and a very bright future, IMO.

Starting right now, this is the time....!

I do hope so, TT

Will we get to a 124.7% chance of the RNS dropping tomorrow, I wonder, TT1981?

WSBN is thinking big and strategically positioning itself to play big.

Excellent!

Today is day 15 of the H2 acid wash work.

Not long now everyone!

Hello - is there anybody out there?

Oddly quiet this morning.

Calm before the storm, perhaps...??

Tourettes by the way. Not Turrets!

Predictive text - sorry.

Sorry people. My inner child took over for a moment. A little like turrets!

I remember the best joke at the Edinburgh Fringe a few years ago:

"Did you hear about the chap who kept yelling out Broccoli and Cauliflower very loudly? He had florets!"

Bum bum.

🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀.

Gentle lift starting this week with luck.

Whooppeeeee!

I love lift offs and inter galactic warp speed events.....!

Aaarrrggghhhhhhhhh!!!!!

I believe that MB stated that the LOI was being circulated and hopefully signed to allow a period of due diligence and finalising of the commercial negotiations.

Therefore, I sense the commercial negotiations will be more favourable to MATD with H2 and hopefully more well(s) proven for oil revenue generation and a better deal within the Farm Out contract.

I think.....

ADW, I don't believe H2 will be a massive rerate for the sp. More a gentle nudge up.

I feel that on a back of a cigarette packet calculations basis, that IF H2 were to pump 100 bpd, and IF the margin were circa $37 per barrel, then one could imagine $1.35 million or £1 million annual income generation.

Roughly, though this is based on moveable sand dunes in regards to the price of crude variables etc, each single bpd generated at H2 is roughly and roundly worth £10k per year of income from that one well, would be a nice way of looking at it.

Hopefully before next weekend we will see an encouraging RNS. If good, a gentle rise to between 1p to 2.5p per share, IMO. If bad, then a slip in sp to 0.6p or so.

The Farmout is where the real rerate to 8p or so will come from. However the terms of the Farm Out and the real value does depend on the positive results of H2, Gazelle and to a point, Gobi. In that sense, H2 has a big role to play in determining our future deal. Quite an important outcome to be announced soon.

No one can trust currencies anymore in the West.

France about the implode impacting the EU and € for sure. So is the UK£. The US looking madly overstretched. Even China in a degree trouble. Bond markets going to collapse. Faith in paper and printed money evaporated.

Gold seems to be the only go to place when money ceases to have a value and trust has gone. The sad side is that massive devaluation of currencies can be a precursor to war and the total rewriting of the values of human endeavour and how governments and societies are reorganised, reset, ruled and run.

Gold is the place to be.