Member Info for MisterPositive

Got same feeling...Permit probably in hand. Might get a combined update with commencement of drill site preparation & Rig mobilisation initiated, etc. Either way RNS can't be that far away. Fingers crossed & GLA.

Also lake like setting thick oil rich lacustrine shales....some as thick as 900 meters. Bring it on.

Agree. So much to look forward to this summer.

Commercial partnership deal for 401 should be very timely and welcome. That should generate very decent licence fee income. Funding to advance 101 / GeneICE / 301 / 201 is practical and needed to bring it to a stage where the 'Whole' package Drugs pipeline become attractive to Big Pharma. I am amazed by 'Shire' success story in a relatively short time frame when you consider the humble beginnings when it started from Basingstoke Off licence outfit to being Taken Over today by Takeda for £46Billion.

Would love to see next RNS this Thu/Fri. They gave early May as guidance to start drill site preparation works. Spud is still for Q2. The wait is killing me....LoL.

Yep. I do not see any overhang left. Just Supply / Demand. Just need Buying pressure and price should respond. Few bigger back to back Buys and the Ask price jumps. Next RNS should confirm this and also kick start the re-rate we all been waiting for.

That is quite interesting....seems like Company had already decided to withdraw res. 6 and 7 even before the meeting.... Do BOD read the VAL bb?....LoL

I think soon as RNS comes in, 13.4 should be gone in just few minutes. 15p would probably be interim stop on route to 20p. Just little more patience needed here.

Did someone tell them about 'Primary Bid' Platform?

JohnG. Thanks for sharing. Good to know.

Nice one. Thinking the same. Is 401 Deal close?.....Hmmmm They specifically excluded that from placing RNS. Time will tell.....about b100dy time too.

MCap is tiny vs the prospects to be drilled. Can see easy +100% upside in coming weeks/ months in my opinion.

Buying currently close to 3p and under anyway. So no complaints there. Just a thought wanted to share to get general view. What happens when VAL gets a JV or partnership deal with some one who wants to take a 50% stake in VAL. Don't the BOD then need to issue incoming partner shares? Could this be partly the reason BOD need authority in place now for extra number of shares? Thoughts welcome.

Obilex, Same here. Agree with you. It won't be any Micky mouse company. It could very well be BIG household name who would want global coverage and competitive edge in this Multi-Billion $ cancer drugs treatment market. Time will tell. Val products have so far exhibited pretty safe results with no adverse side effects. That is something that should appeal the bigger players very much so. Time will tell. Want to see 101 / GeneICE advance further as that is a beauty.

Looking at recent RNS, company seems to incorporate more than 1 item. May be they looking to update on other items in one Operational Update. Routine land permit renewal on its own probably not worthy of a separate RNS is probably MATD thinking. They probably are not bothered with day to day price changes. IMO.

Will be happy for Mid tier Pharma partnership deal for 401. I like your thinking about Shire example. Off course all companies start from small humble beginnings. I think most of the 47m placee shares probably already Forward Sold last week above 3p in my view. Daily fluctuations will come and go. Want to see VAL emerge on global scene as a company bringing breakthrough treatment drugs to the market.

Good cheap entry here. Buy and Hold is the way forward I think until Spud or next update.

I am happy that VAL is now progressing both 301 and 101 GeneICE in addition to 201 and 401 both of which are at much more advanced stage than the other 2. Funds are raised to advance 101, 301 and 201 even further. No side effects reported as far as I know. Patents being secured globally. VAL401 seems ready for partnership deal in my opinion. I just wished Company had done Placing at 3p when share price was at 4p. Or at least offer us first refusal via Primary Bid platform, etc. Nevertheless good to see VAL advancing all treatment drugs now making it nice packaged deal for BIG Pharma or other major Bio-tech players in US to come in when they think its time. Price should recover quick here looking at demand. Imho, Dyor.

Guys, each Oil explorer is different investment case with respect to Risk/ reward criteria. Lot of factors come into play, like: (1) Onshore / Offshore (2) Geographical location (3) Political risk - safe neutral jurisdiction. (4) Working Interest % (100% or less). (5) Potential size of Resource. (6) Chance of success (7) Proven discoveries nearby (basins). (8) Source Rocks (geology). (9) Director Holdings (skin in the game). (10) who are Major shareholders, etc. (11) Fully funded or not. So, yes there are other Oil explorers out there, but each one has its own risk / reward. RNS and company presentations always a good start. Dyor.

across different basins under MATD's belt is a massive number with 9-23 Billion recoverable estimate based on just 10-25% recovery factor. Company about to tap into those highly prospective basins in just few weeks. Life changing upside if the company strikes oil in either of the first 2 Basin opener wells as then whole Basin comes into play. This to be followed by 2 Appraisal type wells this year right next to an already oil producing Block operated by Petro China producing 25,000 bopd should compliment the already massive potential from first 2 wells coming up shortly. Price should re-rate soon ahead of Snow Leopard Spud. Wider market should soon be getting on board the MATD express for the 4 drill campaign starting shortly. GLA.