Member Info for MisterPositive

Ok. Thanks. That would be another Massive price moving catalyst among others in the pipeline.

The Changqing oil field is an oil field located in Inner Mongolia. It was discovered in 1971 and developed by China National Petroleum Corporation. It began production in 1975 and produces oil and natural gas. The total proven reserves of the Changqing oil field are around 23.8 billion barrels (3400×106tonnes), and production is centered on 472,000 barrels per day.

Under this New Licence round...are we applying for licences south of Block V towards the highly prospective Inner Mongolia / Northern China border ?

Velociraptor 200Mmbl recoverable should be first up. There are 4 raptors in total within the raptor trend targeting 600 MMbl recoverable combined.

Heron-1 agree after LP goes straight to Production with Heron-2 and Heron-3 added to ramp up production. Target production from Heron would peak 9000/bbl per day. LP is a mere formality...No brainer. They need the oil for donestic Oil refinery.

This was back in 2022.

At $80 / bbl that scales upwards to 38.6 pence

Current MCap is only 27.5m ???

WiseOwl
Yes LTH. Cannot remember how many sitting in my Halifax account for past 6 years as i lost my login details. Never got any statements from them. In the process of sorting that out.

Thanks Hamm. Been missing you lot.

Missing even more times back in 2017 when we would 2-3 auctions in the morning as MMs would be scrambling for shares coz price moved up so fast leaving many with scratching their heads. LOL

That is why MATD moves up at great speed when on the go coz not too many shares in free-float compared to other Oilers who got 15bn - 20bn shares and do not see much of a movement.

Especially if you take out of the 1bn how many shares are held by Petrovis and MATD directors.

3p to 38p was reached in just 6 weeks. Another example was when it jumped from 5p to 14p in just few days on receipt of Exploitation licence.

Moveonup.
From memory i think we had c 400m - 450m shares back then. Now its 1b....still very small compared to other Oilers some with 20bn shares

Still remember the days back in Jan /Feb 2017 when this rocketed from 3p to 33.25 close after hitting intra-day high of 38p on 17 Feb 2017.

Back in 2017 we had little cash and NO discovery.

Bought back in here. Did not expect to get this so cheap. Bit of luck i think.

MATD very well positioned now flushed with even more cash. Over £10m of MCap is just cash. Not much priced in for what they already discovered at Heron-1 with lot more cash to be generated when Heron-1 goes online this year.

This will go Global.

Big Pharma will be all over this one. No question anout it.

Took advantage of the temporary dip from 20% profit takers. Watch this fly past 50p

BigAl
Could have been bad timing.

NICE team could have been on their morning Coffee break ;-)

Not long to go now. FDA news due anyday.

Things will motor ahead pretty quickly soon as we get CPR independent validation for Chuditch. Might even get a higher revision in terms of TCF when you add the adjacent area around Chuditch.

Way i look at this.... whether its outright sale of Sundagas (to get their hands on Chuditch) or 50-60% Farm-in by any Major, we should see lot of chunky Cash pile coming in upfront. BOIL can then distribute 80% to shareholders as Special Dividend and re-invest 20% in acquiring lucrative North Sea assets or any asset globally. Rinse n repeat in finding another "Chuditch" like gem.

Institutional Fund managers would pile in here like crazy minute they get a sniff of a Large Special Dividend being offered.

This could get to well over 0.50 in a heart beat.
Any day now. Meanwhile some traders doing round trips here n there. Smart money accumulating while still cheap. Wont stay at 0.20 forever with so much happening right now.

FDA update first followed by NICE update would be very "NICE" indeed.

FDA update should come first.

"The Genedrive® MT-RNR1 assay is the world's first rapid point-of-care test to screen infants in an urgent care setting for a genetic variant that will cause life-long hearing loss when carriers of the variant are given certain antibiotics".

FDA update soon should trigger a strong upward movement which is due anytime now.

Big Pharma must be keeping an eye on proceedings with FDA update.

Genedrive has a unique product "one of its kind" globally and first to market.

In reply to the Header...
What are you waiting for ?

I am waiting for a Large / chunky Special Dividend from sale of Chuditch to the tune of c $500m to be distributed to Shareholders on lets say $1bn offered for Chuditch (75% Boil) by any one of them...SHELL, ENI, SANTOS, etc.

Company can re-invest other $250m on buying new Equity stakes or other Assets etc.

Thats what i am waiting for ;-)

This can Double from here in a Heart beat.

With news due any day from different projects.
FDA news should really get this moving to way over 50p in my opinion.

BTC forecasted to hit 25,000 in Feb.

Lot more to come here. We have now regained our Nasdaq listing. Full steam ahead.