RE: Investor presentation6 Mar 2022 11:46
It is quite funny when derampers keep saying MATD is not a oil producer yet !!!
We know already, that is why its @ 4p currently and not 40p plus.
If we were producing 2000 / 4000 / 8000 bopd and selling @ $100/bbl already, we would be priced at many Multiples.
Re-rate comes from future outlook over next 6 -12 months. MATD to become Oil producer soon plus got all the massive Upside from the Block V exploration starting with 3 raptors each being a 200 million barrel prospect.
Once DQE is on board, we could see Velociraptor also drilled this year. Just cannot be on the sidelines in my view. Very few shares in issue, moves fast this one. lot of shares in sticky hands.