We would love to hear your thoughts about our site and services, please take our survey here.
Pay no attention to CS.Clearly he sees what he wants to see to suit his silly prejudices.MB outlined clearly the financial
situation of PM in the recent update.Absent the EL the company can operate at currently reduced costs till well into next year.
Clearly the approval of the EL will open up a number of potential sources of enhanced operational revenue based on the
production of oil contemplated in the EL. Apparently CS is not a shareholder and one can only ponder (and not for very long) what motivates s.o.to post here. Only a 'shrink' would know (possibly).A strange and impoverished mental universe.
to post on this board given the absence of any financial interest in the outcome.
PROVIDE EXAMPLES OF INSIDER TRADING.SHOULSD BE EASY APPARENTLY AS IT IS SO RAMPENT.
You heard from s.o.via the grapevine that he heard from s.o. that Matad has the EL.Makes 350 a yr.Don't buy any bridges from him and don't invest.
I did not say insider trading did not happen.I said if discovered it can have serious consequences.I am not a noviciate in the game of life.I can only say that based on MB's performance as head of Matad he appears to be an honest, capable person
with good communication skills.On that basis I trust him.Indeed I could be wrong.If investing in Aims listed companies if
so risky because of insider trading with no legal consequences why are people here.Ojay does not understand how the law works.Chages are laid by the appropriate authority with jurisdiction.A private lawsuit would be ridiculous for a number of reasons.I have dealt with many crooked,corrupt people. MB does not appear to be one.Simple.And I could be wrong I repeat.
If it is of any assistance I have no idea what you are talking about.
wants to be informed about nothing as long as he is informed.Whatever moves your crank.
Progress is being made albeit at a slower pace than MATAD would like but that is not within the control of the company.
Hard to see how nwgb concludes that there is always a gap between MB's "wishes and claims and what he delivers."
He has always been temperate, measured in his RNS statements as he must be given the legal requirements of the RNS
process.
If some one "KNOWS SOMETHING" that is of material value to stock price it can only come from a Matad source. If it resulted in
stock purchases it would be a serious violation of AIM rules and if identified would result in criminal prosecution for insider
trading.Possible but highly improbable giving the way in which MB has managed this company.He is honest, competent an
communicates clearly via the RNS the requirement of keeping share holders informed of all material aspects of company
progress that could affect stock price.And shares were available on the US market Friday past.So,NO,there was no market activity last week because somebody knows something that the regular shareholders do not.
Nothing.The company is legally obligated to do just that when it has material information that could affect stock price.The
absence of an RNS means there is nothing material since the last RNS.The company cannot provide shareholders what it does not have.MB has done an excellent job of keeping shareholders informed contrary to some silly comments recently made here.
If the company becomes aware of hitherto unpublished info that can materially affect stock value it has an obligation
pursuant to the rules of holding an AIMS listing to make same immediate known to stockholders via a RNS. The absence oF
a RNS means that the company has no knowledge of any information that could affect stock price since the last RNS.
Manro has comprehension problems that apparently prevent him from understanding the rules.Pay no attention to his incoherent ramblings.When there are "developments" meeting the requirements of a RNS we shall ne informed.
Investors should pay no attention to this joker.He is not invested here and why he persists in his nonsense postings is best left to the "shrinks.' I have been invested here since 2010/11 and since the advent of MB and his team prospects for a successful oil company have steadily progressed.
Company RNS filings have been measured and informative.While there is still no guaranteee of success oil has been discovered and an application for exploitation license is in progress. I
would advise anyone who needs reassurance to review the last RNS.I note the when the company has information material to the company's prospects we will be advised as per the requirement of the RNS process. In conclusion Capt.Stan is just a bothersome clown with comment of no material consequence.
There is no indication from MB that a placing is contemplated.Quite the contrary.Debt is
possible against future cash flow.Look again at MB's last presentation.And stop the pointless
and baseless nonsense about stock dilution,
I am not talking about theory.I am speaking to a matter of law.In order to be listed on AIMS there are certain legal requirements that have to be met.The RNS Rule is one of them, probably the most important as it goes to the matter of protecting shareholders from fraud by way of false statements about a company'y prospects with the intention of promoting stock value
via falsehood.MB has done an excellent job as CEO and has provided RNS updates on issues/matters material to the stock price in a timely manner.I am confident he will continue that practice otherwise Iwould not be here.
Under AIMS Rules the company has to immediately provide any information,developments et al that could materially affect
stock value.The absence of an update means that the company has nothing of importance to provide since the last update.It
may be frustrating for some but 'them's the rules." When there is we shall be informed.
The company has a legal obligation to immediately advise shareholders if it becomes aware of
any developments that could have a material influence on the stock price.The fact that it has not responded by an RNS to the recent alarmist posts on this board indicates that it is nonsense and
without foundation.While MATAD is behind schedule as outlined by MB in his Jan.17,2020 it
appears to me that this is not as bad as is being suggested here.The process for an exploitation licence is in progress.When there is material news we shall be informed.
Clearly Manroe is a very excitable person. Annoying on this board he must be a delight in person.It is highly unlikely in the extreme that Matad would
deliberately flout the law in the manner described in his most recent screed.Some time ago there was an issue about Matad doing same but the company was found by the appropriate authority to have done nothing wrong and was completely exonerated.
It is unlikely in the extreme that the company has broken the law deliberately .And if there are events that have or could materially affect the company's prospects that management is aware of, they have a legal obligation to inform shareholders via an RNS as soon as they have said knowledge.MB is an experienced oilman and his performance has been one of the main reasons
why this is still a worthwhile risk.
There was nothing 'grandiose' about any of MB's presentation nor did he tirelessly talk about company prospects.His RHS statements were reasonable statements about company progress and
future prospects based on rationale assessment of facts publicly available and made pursuant to the rules required for a RNS.An exploitation license seems highly probable.What that will do to stock price awaits determination.
Sir Bob has it right.Ignore him and he may depart. Responding only encourages
this sort.I fail to understand why one would bother posting on a stock when one does not have any shares but there it is.Curious psychology.
I was around for the 38p rise.It was based on pure speculation-herd instinct.Nothing rational.
We know now PM has oil but there has been dilution.Nonetheless still interesting.