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I posted re the merits of AIM vs US for company listing.
My other concern is the shifting of the world order. The world is in the most dangerous place of my life right now, and I have seen too many decades for my liking!
Concerns are based on the line that seems to be forming from Russia Ukraine, down to Israel Gaza with pent up anger in Syria and Iran and into Turkey, now affecting the Red Sea. Pictures of Putin with the Ayatollah of Iran and the oil rich Prince in Saudi Arabia. The oil controlled to the East of this line holds the West to ransom and they talk of a small spike due to the Houthi attacks. Yemen is now being dragged in and the weapons come from China. The trade route is being threatened.
Most western democracies have become so liberal and weak, they are in a mess. US President and future President looks hopeless, UK government is going to collapse and a new dawn is starting on their streets with real problems that stretch across europe too, where the EU are also in a mess politically and can not seem to defend Europe by supporting the Ukraine properly.
Then we have our huge potential lovely investment in MATD, a nice AIM listed IOM based oil company courting the corridors of power in Mongolia with huge sizeable reserves of black gold. As I have stated about a year ago, Mongolia is sandwiched between China and Russia who both seem complicit in ensuring the balance of power shifts from the West to the Saudis, Russians and Chinese and quietly including India. China has agreed with the Saudis to price oil in Chinese Renminbi(RMB) which they fear will undermine the US$ a bit more. This is a first and a huge thing.
All of this leads to a lot of head winds with our investment potentially behind enemy lines and looking very very vulnerable.
I am not seeking to be a suicidal doom monger, but this is all happening and nothing I have stated is factually false. There are dots and if they link together and hold, we could be in a bad way here!
Thoughts anyone?
Interesting things happening.woth the UK stock markets failures after Brexit. UK stocks looking cheap. Moral crusading investors seeking to avoid old stocks. UK pension and investment firms that used to own 44% of UK stocks now own just 4% of stocks, meaning UK listed stocks are cheap and easy to pick off by foreign companies with money who can see their real value.
Should MATD stay on the London AIM or consolidate shares with a 1 for 50 consolidation and be on the NASDAQ?
Views anyone????
Yes Pro. A true assessment of fact, but also to be balanced with a much larger potential prospect of real value. So I feel the company has a larger earning potential that is also a ten fold multiple. Therefore I believe the uplift potential is SP isn't diminished at all even after the dilution of shares through the raises.
We will see.
Herder says all! (Sorry, couldn't resist!)
SP looking so inviting again.....!
BP. Thank you.
One of the most educational posts on this BB in the last year! I didn't know the difference between pidgin having always thought it was pigeon like benjamincp.
Re SOON debate re the hopeful confirmation RNS for the LP and expected sp impact, I still hold that soon should be before the end of February. I am not worried by the day to day situations, just wanting and waiting for the red dot.
IF this doesn't happen by easter at the latest, then fear will start to creep in due to elections and potential stalling manoeuvres and this would worry me a lot.
I believe we are in the right place and nearly ready to go. Let's see.
As an investor and genuinely believing the imminent RNS with production due to start in the spring after the winter hiatus., I am finding myself drawn to add another chunk to my holding. As the price is now in the 3.6p level.
This is ridiculously low.
Ok. Thanks WOS.
I see there is history and I understand your point now.
Hopefully all minds are coming together with the formation of a solid business. It was interesting to see.and witness the harmony on the BB after the last RNS. Now it is fading the poisoned key board posts are creeping back in. Not for too much longer with luck!?!
Jeep up the good posts, WOS. You have a grateful follower in me for the new info posts you put up.
Hi WOs. I see Landicaams sentiments being the BB has not changed with amazing posts of insults and petty demands for confirmation of time lines and exact interpretations to general statements of timings. All of which is eye rolling and totally idiotic. As Landicaamans has stated, their is a huge RNS coming in soon.
Will it be before the end of 2024? (Obviously said in jest) The RNS will be expected in the next weeks to months. I have given it to the end of February at the latest.
Very interesting, Landiaamans. My sons does heavy lifting using strandjacks.
Who do you work for and where are your wells?
Agree with your sentiments.
I can ot see the MMHI allowing a takeover of MATD by Petro China.
This would be dangerous and putting too many of their natural resources into one companies hands.
We want MAtd to pump oil, sink wells, drive income, build the renewables and pay dividends on a multi £billion business.
They can do this and they should do this.
Don't forget that the comapny employee share options are over three years. They can't get rich if they sell the company without having those shares.....!!!!
Yes. Compare that to the brave sole who dropped 1,000,000 shares at 8.40.
That caused a slight dip but the sp is proving quite robust and demand is strong.
Oil prices rising due to Res Sea troubles.
That could help push things up a little.
All views welcome, whether they be glass half full or glass half empty.
My guesses were based on what Hamm also thinks.
LP issued and new blocks awarded must be worth over 12p.
Well and new wells pumping oil and revenue from Heron must be worth 30p plus by the end of June.
Stronger revenues plus other upsides from renewables should steadily increase the SP up from mid 30p per share at the half year point by double to the end of 2024 as the revenue becomes evident and the balance sheet gets stronger.
All of this assumes borrowings, revenue growth and without share dilution.
End of year fanciful nonsense.
Here are my SP predictions for 2024.
End of Feb 2024 - 12p per share.
End of June 2024 - 35p per share.
December 2024 - 60p per share.
Anyone else like to pin some numbers on the board for 2024?
Happy NY to everyone.
And back to kindergarten we go!
So so boring and frankly pathetic.
Hello, Vikinglass, seasons greetings to you and all of that .
Assuming MB has given an open and honest update in his RNS, (it would be illegal if not!), then we can expect to see oil and revenue pump within the next 4 to 5 months.
Once revenue is turning, the SP would be higher. I personally do not mind a funding round, as long as it is based on a decent SP so as not to dilute too heavily. Somewhere circa 35 p per share would be ok in my mind.
That said, with 850 BPD from the one Heron site and an expected gross margin of around $45 per barrel, this equates to about $40,000 margin per day. Or one new well every month, which would multiply up quickly the more wells you sink, assuming the same flow rate.
That would be hugely easy to go to the markets to borrow and easy to service as a financial cost as well.
I don't foresee there being much justification or excuse for doing a raise at these SP levels.
This is my hunch.
OPEC reducing supply to maintain a higher oil price. Nigeria has left OPEC as a result. A small concern that hopefully won't materially impact anything.
Oil price above $80 a barrel. Global position seems robust to the current inflation and interest situations with both looking to fall back to normal levels in 2024. Oil price projections between $80 and $90 a barrel in 2024.
All looks good to me. Enjoy 2024.
Good little increase these last three days.
8% a day gentle rises will be wonderful. Let's hope WOS is right.
Thanks WOS for keeping with this BB and the posts. It is all coming right for us all.
Best to all.
Back above $80.
We really could do with a good RNS today......(ha)
Good day yesterday. Nice to see this spring itself and seeing the mood and excitement form into a mostly United and happy BB.
Lots to look forward to now and I think it will only be a matter of a week or two before the really solid RNS' state the solid bricks for operations to commence and now firmly in place to pump some revenue.
Smile everyone. Lift off is now on countdown.