Member Info for MisterPositive

Curious

That is NOT what i meant.

This is NOT a new application. We already got title back in 2019 when we were granted the Exploitation Licence.

Its something more like a clause to be added to our Block XX Title now granting us full access to all the land covered by that Exploitation Licence which was granted in 2019 and now with clearly defined boundaries.

This is a simple straightforward Execution of the Special Certification order directing the Ministry to issue registration certificate so that we have written proof of both: ownership and access. All done digitally and pretty quickly.

Its done mate. Simply a case of Land Registry to update the name on Title Deed when you buy a house e.g. in the UK. Same procedure.

Official documents will be dispatched soon as they have updated Land Register.

I am with Doc83 on the news and fundamentals part. AIM is news driven and we heading into busy News flow from here onwards on different fronts. Higher volumes brings in greater momentum which gives you the biggest gains. We got both and plenty and more to come. We could see a similar price run up in coming days / weeks like we saw back in 2017.

Agree with investor33 on MMs manipulation part and stop losses shenanigans they play. That is why i never put any Stop Losses. MMs play the stop losses game mainly during news vaccuum periods creating falls and spooking a few and it catches on etc.

MATD has plenty Liquidity and lot of News flow ahead of us. Moves fast in both directions as we witnessed back in Jan/Feb 2017 run. Two steps forward and one step back and you get your Upwards re-rate. I look at weekly performance not daily movements.

Expect next move here upwards. Keep Heron and Velociraptor-1 separate.

There is a separate Valuation for each.

Renewables Energy investment picking up.

Sinopec to invest $2.35 Billion to build Hydrogen plant and 400km line to transport Hydrogen fuel from Inner Mongolia to China.

China getting active in Mongolia also.

We should also get an update on Renewables front from our JV partner Sun-steppe.

WOS. Excellent summary and recap.

Company focus right now is to fast track Heron-1 two week workover and start producing Oil while V1 drills ahead with V2 as follow up Appraisal.

Badprophet

You were actively spouting fund raise all day yesterday diverting conversations in that direction leaving some folks confused, some probably even bailed out is my guess.

Here is cash breakdown:

As at 31 Dec 2022 = $5.1 million

Feb 2023 fundraise = $6.6 million

Total cash $11.7m

V1 drill costs around $1.7m plus small cost for the 2 week workover to get Heron-1 online.

So there is plenty cash in Bank till 2024

Heron-1 will soon be flowing

MATD have agreed to pay DQE from Oil revenues

You only pick on positive posters but never back up your reasoning with any research or figures ever. Your "modus operandi" is one liners.

For balance, one has to put forward their arguments backed up with some figures or solid reference to media or Company presentations as your source. You do NONE of that.

E.g. i might not agree with Doc83 all the time but atleast he gives some reasoning for his opinion which can then be countered or discussed.

I figured you out long time ago. You trade in and out of MATD but keep same negative rhetoric buying the dip and back to yourself after bailing out. Profitable strategy i must say. That is why you say you not invested coz you in and out regularly without holding stock overnight.

NPV10 for 50MMBO recoverable Block XX is a stunning US$ +312 Million (at $60 oil price).

Peak production expected approx. 16,000 BOPD

NPV10 @ $60 OIL US$ 312 MILLION

NPV10 @ $70 OIL US$ 364 MILLION

NPV10 for 200MMBO recoverable in Block V is mouth watering US$ 1.72 Billion.

Velociraptor-1 is targeting 200MMBO recoverable.

Above is an extract of a slide from Company Presentation to investors few years back before HERON discovery.

Friday drop was a combination of traders taking profits which was expected and few here spreading false information on Fund raise !!! Which increased the drop further in afternoon.

We just raised recently and got plenty till July 24.

Oil sales from Heron-1 should raise plenty cash going forward to self fund multiple wells at Heron via DQE deal. I believe we looking at 14 wells. Could be more as surrounding prospects around HERON oil field also come online going forward.

We need to keep Block XX and Block V separate which is very important to understand valuation for HERON which will start Oil production soon.

CondorMan

Think MTC was referring to flow test at V1 drill.

I also think V1 should come good. There is defo a working petroleum system in Block V as evidenced few years ago from Oil stains in TC core hole and more recently Oil shows at Snow Leapord...which seem to have migrated to very likely the Raptors as per the 3D analysis.

You dont normally plan a V2 appraisal well even before V1 was spud unless you are super confident.

Going back up.

Wanted to add few more just now @ 5p but order wont go through !!!

Having a weee bit Top up now myself.

This drop - Totally preposterous!!!

Some naughty traders floating funding ? To get back in obviously. Same "modus Operandi".

Really ???

We funded till next Summer. Heron Oil sales will be used to pay DQE for the Multi-well appraisal programme. NO DILUTION.

Heron asset NPV10 value alone is 26p

Now that we got Land access sorted, value will start to materialise.

Velociraptor-1 is one of 4 raptor prospects each with 200MMBO recoverable.

V1 valuation is 32p (on success).

Using 1b shares as rough guide that is $320m

Valued at only $1.60 per barrel inground valuation

(320 ÷ 200). That is mega cheap.

Above figures should give you a better idea.

Yep. I have put 40p limit order sell price with one month forward date. It is on Auto-pilot.

We know MATD can be volatile but that brings opportunities also.

Back in 2017 price run up from 3p to 38p was not in a straight line. Traders were in and out and lot got wrong footed not realising how high it will go

Velociraptor-1 rise never got priced in. So wont drop to what traders dreaming of.

Some obviously sold at 6p and want to get back in lower.

LP for Heron was key which has been secured.

Velociraptor-1 Oil shows and this will be +40p or higher.

There is a huge loyal following of MATD holders despite being in and out over past 4 years and for good reason. All know the MASSIVE upside here coz this is a US$1 Billion company in the making.

V1 opens up potentially Billion barels in Block V.

Block XX is small vs Block V in size but Oil rich with over 2 Billion barrels within basin.

Now that land access been granted over entire Block XX Exploitation licence, we can follow up on GAZELLE discovery also and other prospects around Heron oil field.

Added few more myself.

V1 is a bonus and a MASSIVE one. Opens up whole Block V which is huge.

This was 7.20-7.30 in May ahead of expectation of LP which has now landed. Velociraptor-1 was not even spudded back then.

7.50 should be minimum even at this stage.

Lot of newsflow to come on Multiple fronts.

DQE will fast track the multi-well Heron programme now that Land access been granted.

V1 getting closer to TD.

New Blocks assignment confirmation. From memory it was either Block 6 or 8 that MATD applied for in the South close to Inner Mongolia near those giant Multi-Billion barrel producing Oil fields.

Things coming together in logical sequence.

DQE can now step in with their multi-well Heron drill programme.

Like all of us, they also had to wait for the Land access permit sorted. They can go ahead now.