Member Info for MisterPositive

Will not be surprised if the 0.476 Option exercise price is hit before or by end of April.

We are another step closer. Deal is happening now

MMs will guide this Upwards to 0.476
Options Exercise price.

Placing shares most likely forward sold already.

Any guesses who these interested parties are ?

SHELL, BG, CAIRN.....any others !!!

Lot of folks would not have even noticed the intra day RNS.

Let the news spread

Rocket refuelling mate.

Uncertainty removed. Another box you can Tick.
Acquisition Finance arranged now.

Institutional Investors getting on board now.
0.476 should be gone soon on route to retest 0.52

Would make sense....Govt of India probably also wanted to confirm intent & commitment from Oilex to move things forward.

Things moving faster now.

Options (warrants) exercise price 0.476

"several parties have expressed interest to the Company in farm into Cambay".

Like the sound of that for sure.

4.10

Zak mir target 5p next week should be done this week.

You should defo see those numbers again mate. Back then we were doing wild cat drills in Blocks IV and V.

Block XX has finally come alive for MATD with Heron discovery which is poised to get much bigger. EL licence is just a formality.

Mongolian Govt been promoting and wanting domestic Oil producer for years.

Perfect timing with Oil refinery construction.

PetroChina on doorstep to come in.

Oil price forecast to hit $80-100 range.

....massive Upside from low entry here.

Yes mate. 20% up consecutive days. Repeated intra-day auctions...

Yep. This could get difficult to accumulate at low prices in coming days / weeks. Can see this over 4p soon.

Reminds me of the massive run up from 3p to 38p back in 2017 within just 8 weeks.

Looks like MMs were collecting a few as they seemed low on stock...

Even £750 worth on Barclays???

Is this in Auction ?

Cannot get any quote....

Back in 2010 share price hit over £2 when they thought they had a discovery but previous management messed up things big time. Total shares in issue around 130m at the time.

This time we got actual Oil discovery in Block XX and a pretty darn good one. With 680m shares now, this should be closer 40p - 45p range.

10 x Bagger minimum.

"The Exploitation Area includes the entire extension into Block XX of the proven and producing Toson Uul Basin. This basin contains an estimated 2 billion barrels of in place oil in the Petro China operated areas in Block XXI and XIX immediately to the north of Block XX. The agreed Block XX Exploitation Area contains all of the prospectivity identified within the proven basin. Petro Matad will look to undertake near field exploration drilling in this area, in parallel with the development of the Heron oilfield."

Heron should get lot bigger with much higher resource upside.

Heron has the lightest oil that flows naturally to surface. 46 degrees API.....just Awesome.

Picked few more today sub 4p.

Can see this gradually ticking higher while EL news can drop anytime in coming days / weeks.

Still very cheap. At £100m MCAP this would be closer to 12p. Should go lot higher than that.

Agree. Mike Buck pretty confident.

EL could come early. Many on sidelines might start getting in now while it gradually ticks even higher over the coming week.

HERON oil one of the best....flows naturally to surface. They can ramp Up production pretty fast once we get going with multiple wells and loads of Cashflow generation.

Once 4p is done.....5p should come quick

MCap few years ago hit just over £110m
When company was planning drills in Blocks IV and V.

Less shares in issue at the time, but now we got a proven Discovery in Block XX with Massive Upside next to Petrochina 2B barrels oil field.

£110m MCAP today would be 16.50 p

88e hit £500m Mcap last month on speculation!!