Member Info for MisterPositive

Snow Leopard....90MMBO Wild Horse.........490MMBO Fox...................,200MMBO That is 780MMBO from just 3 prospects. More to come with ongoing mapping of new targets.

Excellent RNS. tiny delay painted by some as a big deal?....really. Bottom line is MATD is committed to their 2018 drill campaign of 4 fully funded back to back drills. Mick Buck is clear on that. Love the appointment of the 2 veteran geoscientists. 2018 looks finally to be the year with Oil price forecasted to rise even further. Timing could not be any better as a blessing for all.

From 16 Nov 2016 RNS... "Potentially generated hydrocarbons using the play and basin analysis method on the 6 high-graded key basins is estimated to be circa 90 billion barrels of oil in the Upper Jurassic-Lower Cretaceous play, which is the proven and producing petroleum system in Mongolia. The volume of potentially trapped oil ranges from 9 to 23 billion barrels of Stock Oil Initially in Place (STOIIP), assuming trapping efficiencies of 10% to 25%. Further upside potential exists in the deeper Permian-Jurassic play, which is analogous to the prolific systems in the western Chinese basins."

Nice reminder of how Mongolia's Oil industry is shaping up. Very timely construction of their first Oil refinery. Perfect time for MATD to up their drilling campaign to tap into the mammoth 90 Billion barrels potential to mirror China's +100 Billion barrels. Will defo be an exciting journey with potentially life changing rewards for early investors.

Think 401 value goes up many Multiples if positive results continue during Phase 3 also. I think partnership deal could be close. Potential global market for 401 would be multiple Billions in success case. Any potential partner would have done their revenue projections / forecasts before signing up. IMHO

Looking at his past stock picks and the massive rise in subsequent years for those selected stocks, suggests to me he is the Investment Fund Manager from Capital.

Oilbell, I'm happy to be in both mate. Both have huge upside subject to certain events to crystallise. Common factor is both need to strike oil. That will define the extent of upside. MATD is at far more advanced stage with fully funded 4 drills starting shortly tapping into 90 Billion barrels potential. BPC also has lovely prospects but will not move up in proper terms until Farm Out is secured as these Offshore drills are quite costly. Some might trade BPC in the meantime until the 3 month exclusivity period expires. IMHO.

Ok thanks. That would make sense then. Still bemused by 6 price monitoring extensions RNS ?

6 RNS for repeated price monitoring extension........WTF. Hope each RNS does not cost too much. That's throwing money around for really no benefit in my books.

Degsy, What news we expecting at weekend?

Typical MMs...have noticed that so many times myself.

I noticed one Nick Slater as Investment Fund Manager also....hmmm

With portfolio of 4 drugs pipeline with pretty good results to date, current MCap looks significantly undervalued vs Peers.

George Morris or Saturday should be cold calling GSK, Ameen, Allergan, etc. and showcase their drugs pipeline unless VAL is already in talks with someone. Might suggest this to them via email over the weekend any. If you don't ask, you don't get ;-))

Frankly speaking...,these Price monitoring RNS don't mean jack.

Dude, Frustration is widespread. But the stability in share price over last month is Proof in itself of the phenomenal Upside that is here vs other Oil explorers. Mike Buck's own words at London presentation was, "this is what happens when one country (China) explores and other one does not"....after his reference to China's +100 Billion barrels resource. That is good enough for me. I am staying with MATD for a long time and want them to tap into the potential 90 Billion barrels on their side of the border. Today's sub 13p could be history when I look at the price chart in 2-3 years time from now. I can see this in multiple £££s in next 1-2 years.

I thought Company said there will be NO equity left for shareholders ??? Or did I read the RNS wrong ?

Hamm, They have maintained Q2 guidance...Only 11 May today. Even news within 2 weeks is good to meet that Q2 guidance as far as I can see. Setting up the drill pad & Rig mobilisation does not take months & months...

Badshah, No harm in voicing your suggestions. May be BOD need some guidance as to next steps. Various compounds that VAL have now developed are far too valuable compared to their peers who got far too many side effects. In my opinion, if VAL were to put the company & their 'Intellectual property' up for Sale now, you should get Price at Multiples for your shares. Outright sale is another option #3 in addition to the other 2 mentioned earlier.

Bladderman, Nicely put. Spot on mate.