Member Info for ManxKippers

I don't want to jinx this, but this feels like a different and solid RNS and a company changing RNS.

Sp should change its course and go north. Will it?? MB has spoken........?????

The 2026 operational agreement with PC is also good to know, with all ammendments included for the new year.

Therefore the minor tax charges to be resolved only on the service fees charged by PC for functioning the business, which is akin to charging VAT on the transport costs or the likes, is all that is needed to be simply sorted. No tax on selling crude to PC!!!

Big payment of the retained 30% due into MATD and crucially no withholding of monies from Jan 2026 invoices going forward, one supposses.

Looks all good to me....

Almost exactly as expected.

Farm Out deal signed before end of Jan hopefully.

A Farm Out deal means that H2 doesn't matter anymore. Nor does Gobi as the Farmee will take that all over.

No more funds needed for XX development once deal is signed. No risk of a raise.

This ship is safe and good to set sail now.

Excellent!

This RNS should land today in order for the meeting investor questions to be lodged and relevant.

My hunch is Farm Out negotiations ongoing but close to finalising. H2 may be shut down for the Hiatus with more work needed. 30% retention from PC is still being resolved contractually but a part payment of this has been made 8n good faith. Sunsteppe has some exciting developments. BpD are at 350 and sufficient income to operate. No raise needed.

Totally agree TBT.

This was my buy. As stated I am building my position back to 20 million.

Owning 1% to 1.5% of a company that is delivering the majority of oil to the country's refinery, exporting oil to China, has a 50% stake in the main Mongolian renewables developer with grants, investment and a huge need for export of electricity to China, just to keep their EV's on the road regardless of their needs to power data centres etc.

How can this be anything less than a multi billion company in the making.

Yes. I am in....but is the timing right for the JV etc to drop??

Ok, Growmorecash.

A stiff swig of whisky and I have added another 2.3 million just now.

MB had better drop his kegs and have a very full load of news to share!

This feels a little over excited to me.

If a Fatmout deal or the 30% rebate was paid up, then this should have been stated on an RNS.

Therefore, one has to conclude that next Tuesday will be an end of year update only, confirming the daily bpd rates and to what extent H2 is producing, if at all.

With all of the team there, I sense little new news and a soft success only with H2.

As I read the tea leaves today....

I agree with you mcsquares. Totally.

That is not what I said. I suggested that the announcement on just one assay from one hole will not be enough to shift this up in my opinion.

A number of assay results - yes, that would give a picture with a start to enable an estimate of the size of the strikes. That would make this move well.

Just one assay result for one hole? Probably not enough info to impact well even if that one assay is good.

Does anyone know what the differences in costs are for producing an ounce if gold from a 2gm/t versus a 6gm/t strike?

Or is the density of gold per tonnes almost irrelevant at these density levels??

Anyone know...??

I am not sure how much of an impact one set of assays will be here right now.

There needs to be a wider assurance to rattled share holders about a more solid and tangible plan including entering into or at least strategically pursuing a JV with a broader road map.

The dots seem to be here, but they need to be joined up and presented more as a solid plan by the BoD with a sense of confidence and clarity, IMO.

Wow. Another amazing day.

This is entering junk status.

From the ashes of disaster griw the roses of success!!!

It strikes me that a road is a discussion need in the terms for a JV partner to operate with. It isn't needed for dropping rest drill holes, it is needed to operate a fully commercial mine.

A bit of forward planning for the big stuff down the path....

Slower results than hoped for. However nothing has changed materially here.

Positive for me is that the results are stated as being made known when they have them, though the full accumulated results will take a few months.

That is positive for me.

Out of the 167 posts today, are there any of interest or good news intel regarding MATD???

I rest my case.....

Wow guys. This is arguing about different shades of grey being grey or not.

We get the gist and somewhere around $90k to $100k a week will do for me.

With H2, perhaps $120k to $130k ish...

All good money and heading in the right direction.

I am sure you mean Assay results due...Latino.

I am not sure what the essay would be about...

For clarity, I have never received confirmation on any Farm Out deal.

I have only been re-informed about the eveny of ongoing discussion with potential partners.

Also the clarification that the while of Block XX is sought to be farmed out and not fields within it.

I have never been told of any detailed information beyond general confirmation of what has been discussed and disclosed before, with a point of clarification on exactly what a Farm Out means with Block XX.

I think your email is worded wrongly and is suggesting that impropriety has happened with confidential disclosures from MATD to private investors. That has certainly not been my experience and I would not like the comms to go silent due to this kind of claim being made or even suggested...

IMO!

I concur with Multibagger and the comms out of MATD with email responses.

The response posted here is consistent and focused and true to any that I have received to my emailed questions.

I currently hold 16.7m shares. I have side stepped a little resource and hope to shuffle it back I to MATD shortly once the cards have dropped in the company I also hold shares in.

I am extremely comfortable with my 1%+ holding in MATD. I am not too bothered by the ebbs and flows of the sp bouncing at the bottom of the barrel. I am invested in a holding to own a substantial holding in the emerging Mongolian energy resource for domestic and export earnings for dividend income within the next 2 to 3 years.

This is a no trainer for me. Hoping to move up my holding within the next month back over the 20 million share position.

Market cap on google is showing at 1.86 bn, which would be nice.....

The full scale of the squeeze is quite eye-watering, isn't it?!

Beads of sweat with a rudy frowned grimace currently.

Argh.......