Member Info for MisterPositive

Oilbell, Good post. I make that 65p a share on Snow Leopard strike. Then comes Wild Horse which is 5x bigger target than Snow Leopard. Strike at WH should propel price here into £s. I would expect share price moving towards £1 target in between Snow Leopard and Wild Horse. Strike at WH could easily lift price into £2 range here. IMHO.

Manro, My friend, I am planning to stay with MATD for next 2-3 years. This is a multi-year play with 'Multi-Billion barrels' basins to work through. Mongolia could easily Mirror the +100 Billion barrels resource the Chinese found as they explored.

Why the feck am I still at no.1 spot...LoL. I have reduced my postings a lot purely due to many other commitments. This site is totally flawed. Placing here was inevitable. For any meaningful re-rate, company needs to strike bigger contracts / deals in few millions, not few thousand pounds, etc. They just need to monetise their technology. Until then we are stuck here unfortunately, unless folks with a higher average willing to sell at a loss and re-invest elsewhere OR just leave this in bottom drawer for a while.

3D Seismic looking very good having already identified the FOX 200MMBO structure superseding the 100MMBO Falcon target with more to come. All being lined up for potential 2019 drilling campaign. That is on top of the 600MMBO MATD about to tap into in 2018. No brainer at this cheap entry price. Cheapest oil explorer on AIM currently in MCap terms vs the massive Multi-Billion barrel basins MATD about to enter very soon. Can easily see this outperform all other Oil explorers in 2018 and 2019. Stay with MATD for 6-12 months for best rewards and outstanding ROI.

Was rushing at the time. Glad you on the ball Florida ;-)) Personally I think there will be quite a few more Fox like structures each with +200 MMBO targets to show from ongoing 3D analysis.

Not long to go before June. Lot of news expected to come through with some near term Price catalysts. (1) Snow Leopard spud - (June/July). (2) Permit news - Wild Horse well. (3) Spud date - Wild Horse (490MMBO). (4) Block XX - Rig contractor confirmation. Visas is a non-issue for me. They probably in 2nd class post already.....LoL. Snow Leopard Drill pad construction already in action. Price should start creeping higher in coming days ahead of Spud date confirmation.

Captain, Both Basin Opener wells. STOIP: 90 Billion barrels estimated. Recovery factor: 10-25% Recoverable: 9-23 Billion barrels Using Avg Recoverable per Basin comes to: 1.5B - 3.75B barrels. (6 basins) Its the MULTIPLIER effect...

I know all AIM companies need funding. My issue is with the extent of the huge discount to current price. Have not seen Loan conversion terms, so cannot comment on that.

Not good at all. Conversion price 40.45p ??? According to my calculations: 925,926 shares Par Value: $500k Loan conversion (£375k) Conversion price: 40.45p Can somebody else confirm please if that is correct ?

In my opinion this could get anywhere between 80p and £1.00 or higher on 'Snow Leopard' strike. Being 'Basin Opener' well the whole Basin becomes prospective. Also 'Wild Horse' well targeting even bigger 490MMBO target then becomes even more attractive as COS should go up considerably. Both are Basin opener wells. IMHO.

That would roughly equate to 43-48 cents.

Looking to add more below 12p...bought a chunk at 13p....so sub 12p would defo be nice while the SALE is still on.

Keeping an eye here. Might pick some on the dips. Should have got in around 12p... Oh well...such is life. Cannot have it our way all the time. GLA.

now....clearly Oversold. Time to pick up some cheap stock at current price.....No brainer.

All this talk of Special dividend etc. Is way premature. Farm Out when ever it happens will be the only thing to save BPC from closing shop. BPC on its own will never be allowed to drill in Bahamian waters in my opinion. Biggest uncertainty is this stupid 'referendum' card that needs to be removed completely. I want to see this as Headline news. Dilution is inevitable; either giving up 70-75% share of your licence to secure a deal OR raise funds via Placing to advance things further. These Offshore drills are quite expensive. Like it or not but BPC is NOT negotiating from position of strength. They will probably end up with whatever deal is offered on a 'Take it or leave it' basis....again only my opinion. Either way we seem to be long way off before any meaningful re-rate. I am keeping my modest Holding in place as can not be bothered to trade for few tiddly % points. Lot of assumptions & Speculation built in here currently. Each to their own. GLA.

Seemed like a bu11**** RNS and rampers were quick to jump in and talk it up. £540k cash only and they call it strong financial position...really ???...that is comical. Would love to see company's projections of costs/expenditure to advance the project further without Placing which seems inevitable.....

Bigbench, that is very much possible. Strike on either Snow Leopard OR Wild Horse could easily add a few £1 to current price. Both being 'Basin Opener' wells. Don't think many folks realise what it truly means... * STOIP 90 Billion barrels est. (6 basins) * recovery factor 10-25% * recoverable 9-23 Billion barrels * Average 1.5B - 3.84B barrels per Basin

Stifel and Stockdale price targets are 32p and 36p. To me they look a tad conservative. 50p is my price target.

Will hit the market around 29 May. Unfortunately MQ would be dumping those shares ASAP to recoup their £1.1m fee upfront irrespective of reason for them being hired. Market will need to absorb these extra shares. Macquire probably would sell their stock ahead of 29 May. Hence could see downward pressure over next few days. Some traders probably selling out to buy back in cheaper below 3p. IMHO.Dyor.

Phew, very hectic day. Just catching up. Agree on the point of getting spiked trying to trade a few stocks elsewhere. Not really worth as most of the other stocks now seem to be way over valued in MCap terms. MATD on the other hand has lagged way behind in MCap terms vs Peers and to me clearly looks very undervalued. Let the gains come to you here instead of chasing higher prices elsewhere. I am expecting a shift in sentiment here pretty soon as rest of the Market turns it's focus to MATD as the only cheap stock left behind while others have gained over 100% in past 3-5 months. Best to sit tight and buy in ahead of the pack. Doom merchants Looking for cheaper entry might disagree but that does not bother me. In my books MATD is clearly Buy & Accumulate at these prices. Potential prize here is just too big Vs rest of AIM Market. That is my investment case..,plain & simple. Slight delay only defers the Big move Up. Market moves can be erratic and surprise jumps in price come when totally unexpected. Good Luck to everyone already in OR others waiting to get in. Rally here could be explosive when it starts. ATB.