Member Info for MisterPositive

Just catching up. Got a modest Holding here. Not going to worry about daily fluctuations. Far too many traders on AIM, most of whom do not stick around for more than 48 hours. Personally see price stuck in a range until the expiry of 3 month period around end of July. Let's hope BPC does not give away too much of the licence like 75-80% and retaining only 20-25% Working Interest. No deal until signed. Mind you BPC is NOT in strong position to negotiate from. If no deal agreed then we looking at Placing here to move ahead...plain & simple. IMHO. Dyor.

toughiv, (1) Snow Leopard....90 MMBO (2) Wild Horse........490 MMBO (3) Fox...................200 MMBO That is 780MMBO from just 3 targets. Block XX appraisal drills targeting another 20-25 MMBO.

Since Mike Buck took office, he has managed expectations by building in contingencies. Drilling time frames to me suggests he has provided for enough leverage between Snow Leopard and Wild Horse drills in back to back order. Personally I think we are still looking pretty much close to Q2 guidance originally provided. Slight delay in Visas seemed like a little distraction but focus on back to back drills has not changed. RNS confirming Visas might come sooner than some think. Granted the visa oversight should not have happened and about time Sinopec sharpen their focus. There are many more drills to come in 2019 also as additional drill targets keep getting highlighted. 90 Billion barrels potential will take more than 4 drills but something both MATD and Mongolian Govt are keen to pursue to move away from reliance on Russian oil imports. First Mongolian Oil refinery construction to commence soon this year.

Timeframe quoted in 2017 original Drill plan RNS for Snow Leopard was 50 days. Looks to me they have already provided for 20 day contingency which is prudent. Don't be surprised if Snow Leopard comes in early.

Bigbench, LoL....Nurse ! Even the Nurse is baffled at current low MCap. Still cannot get my head around SAVP sitting on £266m when targeting only 110MMBO while MATD is stuck around £63m ???

HoofHated, Every time I read your posts....you still talking about some 'conspiracy' as to why Visas are delayed & that drill might break Half way through, as if Sinopec looking to sabotage the drill Operations???...really... Come on mate, lighten up and look on the bright side. MATD about to tap into Multi-Billion barrels of potential. Sinopec already paid the penalty last year. Don't let the frustration take over.

Indeed. Things should Hot up soon. Yes, volume on the low side just for now until the action starts.

Fundraiser, Not every news is fake. Mongolia is not as advanced as UK, Europe or USA when it comes to access on internet etc. RNS should provide confirmation soon.

Need to get some more at the Open. GLA. Good times should be here soon.

Cormie, All permits are now in place as confirmed by the most recent RNS. It was the Visa delay for Sinopec staff that delayed the inevitable re-rate here. By the looks of it, even Visa issue is now resolved. Spud date could be confirmed within days in my opinion. 2010PM - great find. Appreciate it. Could see RNS anytime.

I only look at SAVP with MCap £266m targeting only 110MMBO compared to MATD who are targeting combined 580m. MATD to me clearly looks significantly undervalued. HUR started low and early investors did very well, now sitting on MCap of £950m (almost a £ Billion MCap). Lot of that is based on 'Prospective' and 2C etc. HUR is up 100% in just 5 months. Granted last years delays & false dawns is the only reason of brakes being applied here IMHO. I strongly believe once Spud date is confirmed, Price will play catch up and re-rate here could be fast & ferocious given still relatively low free Float. Current disconnect between MCap vs peers cannot stay this wide forever.

Dusterhater, You cheapskate...LoL.... 13-16p on Spud ??? Get visa confirmation and and this could Zooooommm to 16p within few hours. Spud date confirmation alone could propel this to 20p-22p well ahead of actual Spud itself. Once it gets to 25p, then you can say some folks might de-risk.

Still expect 50p during Wild Horse days being the bigger target. However Oil strike on Snow Leopard might prompt a much higher revision to 50p for Wild Horse, both being 'Basin Opener' drills. IMHO. Some folks here seem to be ultra pessimistic. When you compare other explorers with such high MCap and much less than 100% ownership compared to MATD. Our time will come soon.

Blimey... just catching up. Can see a few passing time by posting insults......not needed really. Been busy with house extension, so not able to post more often. Difficult juggling with these guys as it is trying to balance all the stress. Predictions / Speculation is exactly as the name suggests. No awards given out guys. Ok your ego might get a temporary boost...but that's about it. 580MMBO combined target from Snow Leopard & Wild Horse, end of July target for me would be a conservative 30p.

HUR * MCap £941m * shares in issue 1.96 Billion * Price 48p MATD * MCap £65m * shares in issue 525m * Price 12.3p NOTE: c.40% of 525m shares are held between Petrovis Group and MATD directors.

Did a quick comparison:? SAVP * MCap £275m * working interest 100% * targeting 110MMBO. * Price 32.5p MATD * MCap £65m * Working Interest 100% * targeting 580MMBO * Price 12.3p MATD is targeting more than 5x what SAVP is targeting, yet SAVP MCap is £275m ??? On comparative basis MATD price should be many Multiples of current price, minimum 52p. Imho, Dyor.

Change your Sat Nav. You obviously lost mate...

once it closes above 13p. Might see a push past 13p in coming week. Only 10 days before we move into June. Things will Hot up here.

Nice one Mike. Just had a listen. Close above 13p kicks in move up to 22p. That should do nicely for starters.

Sooner or later. I can see this in +50p minimum easy when we are in Wild Horse territory. Whether it explodes in one quick jump Or steady rise, have to wait and see. On the point of extra shares, 525m now Vs c.300m last year, 40% of which are tightly held between Petrovis and MATD directors. Free Float is still very small. BPC exploded +200% in just a day on 1.5 Billion shares in issue on just talks. IMHO, DYOR.