Member Info for MisterPositive

900 million barrels Recoverable identified so far (Mid-case). Upside case takes it well over 1 Billion barrels so far. Lot more to come from ongoing 3D analysis & interpretation. Block IV: * Wild Horse 490 MMBO Block V: * Snow Leopard 90 MMBO * Falcon 100 MMBO * Fox 200 MMBO Block XX: * 25-30 MMBO so far.

Once 13p resistance broken, TA suggesting run up to 22p in very quick order. Imagine the pressure having built in over past 2 months with price held around 12p. This could break out in style here.

at the weekend put in perspective role Mongolia will play when Oil & Gas pipelines are laid throughout Mongolia facilitating Oil Import & Exports between Russia, Mongolia, China. India also playing key role with their $1B loan for first Mongolian refinery. I think foreign Direct investment (FDI) interest about to go up quite a few notches in Mongolia.

How exactly do you think Tullow and Dana Petroleum became Multi-Billion £ MCap companies ? Tullow reached £10 a share at its peak, while Dana was sold to KNOC at £18 a share. Granted it was not overnight and nobody is suggesting that. It's a multi year process. Those 2 companies built Value with multiple discoveries over the years. For that you got to explore which is exactly what MATD about to embark on. With on shore acreage, drill costs are so much cheaper compared to Offshore drilling. Only question is who is willing to go the distance? yes some will just be in for 6 month, some beyond that. Every body has their own investment strategy & risk profile.

* Fox 200 MMBO

SBB, From the targets identified so far, I make it just over 900 Million barrels. * Snow Leopard 90 MMBO * Wild Horse 490 MMBO * Fix 200 MMBO * Falcon 100 MMBO * Block XX 25-30 MMBO

Mikey30, Nice recap. Block XX could turn out to be nice cash cow for MATD if they Mirror what Soco did with their Oil discoveries in Block XIX, right next door. Also worth noting back then, Block XIX was wild cat drills for Soco in Eastern Mongolia. They still hit 75% success rate with Oil struck in 3 of 4 wells drilled.

68.32 cents quoted was using yesterday's FX rate 1.34 applied to 51 pence a share projection.

Buccaneer , 2010PM is based in Seoul South Korea. Hence the time difference in his replies. ATB.

2010PM, Lovely post. Lot of respect for you. Valuations quoted are pretty decent. I think you have used Mid-case oil estimates for the 51p a share. Upside case oil estimates quoted in RNS would take it to well Over £1.00 a share in my opinion.

Manro, It's ok my friend. A few Morrons here think they can bully other folks around and present themselves as 'saviours' of mankind. They must be very naive. I try to ignore them.

TonyBaby, You are right I came around end of 2016 to MATD board after reading up on the massive potential. But when I looked at this board I was shocked to see it as a dead board with only negative posts flying around. There was a reason why I chose my user name as Mr Positive. I came on board to create awareness about the massive potential of MATD that had gone unnoticed. I am very positive about this company and in the next year or two all will become clear. If pointing out the positives and posting research is classed as ramping, then yes, I am guilty. But I have broad shoulders and can deal with a few negative merchants here. Nothing will change my resolve. It's ironic, that same negative characters seem to be allegedly invested here but love to bash fellow investors. Something I will never understand. Digging past posts to prove what? You think you going to get some kind of award for it? Today I posted Sinopec record drill speeds they achieved recently as per their official website. Had a few good exchange of opinions with Mikey30, until Captain Scarlet started his usual tricks stirring up negativity. Bishand and His cousin Justine wait for any excuse to jump in when it comes to bashing Mr P. Never seen any positive contribution from you or these other negative merchants except ganging up as Bullies....well done. Keep it up.

One rule, You are welcome.

JustScott, You seem bitter, may be lost a bit there? Your lies & fabrications won't make any difference to my position. Youself, Bishand and Captain Stanley....do you all share same room?

JustScott, Yes I openly stated on Panr that I sold out at 80p long time ago. Did not invest after that for a long time there until recently when price halved to take advantage. Sold up with delays after delays. No I do not have any memory loss. Don't have time for your stupid accusations.

JustScott, I only took a small position just recently after the price crash over there. Resolution of issues took far too long there, hence bailed out. Do I need to inform everyone of my entry / exit times ? Lost a tiny bit there but reinvested sale proceeds in MATD.

No underhand tactics anywhere. All you girls need to stop moaning. You take a position with upside potential. If things don't work out the way you expect, you simply sell up. Not sure why some here want their Egos massaged???

Don't worry. Some posters only contribution ever is insulting other posters on this board. You know the obvious ones. Massages their egos. Most of them jump on others posts and claim credit for being such a genius...

Needed here. With bit of Buying pressure and this should be sitting over +20p in no time. Next RNS could just provide that trigger. Why pay 20p in a few weeks, when you can buy in cheaper today....No brainer.

Captain Stanley, May be Mike Buck provided those drilling timeframe guidance keeping 'you' in mind when they added 20 extra days on each drill as a contingency. P.S. FYI, I got out of Pantheon around 23p. You bought in when it was time to Sell. Keep it up and you won't be out of pocket !!!