Member Info for Oilfarmer

Zippo Again - 07 June 2021

D-day to VE day didn't take this long !!

Zippo Again 07 June 2021 !!

Guess we'll get the EL just in time to charge the new Refinery with feedstock in 2022 !!

Expect we will get the EL just in time to charge the new Refinery with feedstock....

I could have invested in Ruritania instead of Mongolia

What a farce !!

Best of Luck to all here - Oilf

Want to post copies of yr charts ?
Oilf.

Want to post copies of yr charts ?
Oilf.

Any Ideas/Speculation ?

1. Where does the Matad SP go to - when we get the EL ?

2. Where does the Matad SP go to - after a "successful" Cash Raise ?

3. Where does the Matad SP go to - after announcement of 2021 Drilling/Production Timeframe ?

Asking for a friend !!
GL - Oilf

Missing Item from yesterday's RNS on ASX RNS : https://clients3.weblink.com.au/clients/_88energy/headline.aspx?headlineid=61028957

Quote : "The Company announced the resignation of Managing Director David Wall and Board Changes"

Corporate
• Successful completion of two capital raises in the quarter totalling A$18 million (before costs).
• The Company announced the resignation of Managing Director David Wall and Board Changes
Any Further links or Clarify ?.....

Otherwise looks Good to Go !!

GL - Oilf.

Good holding position constructed by MB/Petrovis
Covers all the required bases atm.
Chance to increase holding in next few days ready for EL when it comes...
Repayment from Income !!
Borrowing rolled forward into cash raise.
But I/we PIs could/would have probably loaned to Matad at 10% if that had been at all possible ?? !!
Will be back to double my holding shortly.....
Great long term investment here ??

GL - Oilf.

Not very exciting!!
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02362329-6A1027932?access_token=83ff96335c2d45a094df0
2a206a39ff4

GL - Oilf.

Bought 200,000 at 1.2736 - 09:14:49 Shows as Sell !!

SP is into recovery from Now on In - Pending Results ?

GL - Oilf.

Drilling Season run out for wireline Logging sounds a bit dodgy ?

More like an excuse to de-rig cos they have enough data to work on.... TBA ??

Just bought 200,000 at 09:14 hrs....

But Shows in Red as a Sell - All that Red Selling is *******s atm !!

GL - Oilf.

Just got to hope MATD leave the joke RNS until after 1st April !!

Operations Update from a frontier explorer.....

Just not this shower of **** !!

https://www.lse.co.uk/rns/88E/operations-update-2hp3dw4k51bjmha.html

GL - Oilf

Better Places to be ?
Many have hightailed it out of MATD for the duration of this EL fiasco - and this has been a FIASCO
And it's Not over yet !!
With MATD Funding due to hit the buffers in Q3 if not sooner ?

Better off in Mongolia with EXR.AX
Or in Alaska with 88E.AX https://www.lse.co.uk/SharePrice.asp?shareprice=88E&share=88-Energy

I'm STILL holding - as a little forlorn experiment - as I'm STILL in Profit down to 2.51.

Mongolia !! What a place to be invested.

Not of a bravura performance from Minerals & Resources Committee !!

I've been doing more Teams/Zooms in a week than they have had in last 12 months.

What a superb Government !!

GL - Oilf.

Try 645 million /1.6 billion Prospect !!

Try 645 million /1.6 billion Prospect !!

88E claim targeting 654 million North Slope - Billion(s) to follow ?
https://wise-owl.com/reports/88e-drilling-to-target-645m-barrels-on-north-slope/

Hold here - but God alone knows Why !!
GL - we'll need it !! Oilf..

I fat fingered it there ?? !!
Where the HELL did the Ghengis Khan gene get Lost in Mongolia ??

Fortunately I am still in Profit here down to 2.51 pps. And I took half my holding out some months back to invest in something more interesting/ productive elsewhere - not MNB.AX (see below)
NOR unfortunately 88E.AX.

Nor EXR.AX that IS currently ACTIVE and "progressing" in Mongolia !!

Here is some gen on MNB to help remind us all what PROGRESS (for others - even in Angola !!) CAN look like.....

https://0-nextinvestors.cmail19.com/t/d-l-qjrklyk-hriyujllt-h/

Yours ever - I'm seriously pee'd off with Petro Matad - Good Luck All Holders -
?? ?? ?? ?? - Oilf.