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Read the RNS again it looks better and better ever time I read it, we found oil , the dry spell is broken I think this is the start of big things for MATD !

Guys I don’t think GKP is sold but if it was , what a nice present that would be for Christmas ,depending on price of course !

Mike31 I am in agreement with you as to PetroChina , and now think we will be working together to develop the field !
Subsequently I will continue to hold and add more shares next week !

SYFreshPrice. If you can afford to lose 45k on this share then you have the potential to make millions on the AIM but I wood advise you to be careful!
The AIM is a jungle full of trolls, they are the worse kind of animal and the most dangerous , they will attempt to lead you deep into the jungle and get you to part with your money !trust no one ! Especially me! Good luck see you at the one pound party in 2020 !

If you do not know what a placing is you should not be here ! I suggest you buy some books and study all about shares before you lose your money ! Not having a go , but you must understand the basics at least before investing !

Well done Mike and the team ! I think this is the start of something Big !
Well done long term holders for keeping there cool and not allowing themselves to be panicked into selling
,

You pay your money and make your choice, nobody is forcing nobody ,to buy or sell and I find it hard to believe anybody would on advice given here !

What I don’t understand is why , dusthunter,toblarone,and oiler are doing here if this company is so crap, why wast your time ?

If it was a duster why would they want to take MATD out ?
You could not be trying to get the share price down ,for a better enters level could you ?

Brocal55 This has happened to all of us at one time or another ,in my case GKP, and several other company’s ,when this has happened to me and if I think it is worthwhile I average down , although this is a risky strategy in this case it might be worth while, whatever you decide good luck with your investments !

Yes I believe they would have quite a bit of information by now , but Mike said end of the month and end of the month it will be !
My personal felling is that they’ve found oil , and they are doing Extensive Testing not to just establish oil ,quality ,flow ect but because our friends next door have asked for it !

Oil testing one hour to several days or weeks !
It is a very complex process ,first oil traces , with out traces of oil they would not have gone to the additional expense of tests but would have simply shutdown operations and moved on , the problem is i do not now how extensive the tests are ? Volumetric flow rate ,pressure, oil and gas ratio ? Ect And many other things need to be assessed ,before establishing , commercial oil rate flow !

Yes I agree the only way we might see true value here is if this company was sold !
The sooner the better !

I think the results from Heron is already to be released to share holders, and I think it will be good news, Gazelle being bad news has been announced first , anyway I have jest bought more !

The fact is there is only one thing that is ever going to greatly increase the share price ,and that is if the company was to ever be offered for sale , over the years people have said when the court case , pipeline ect or when this happens or that happens ,but nothing ever changes here ! Now it’s next year and 55 thousand barrels of oil a day , I still think Christmas £1.90 !

Actually I already did some years ago, and I believe we did pay it ,when we could least afford to do so ,but I would be happy to be proved wrong ! Thanks.

MikeyT21 Are you saying we definitely did not pay a termination fee of $10 million ?

Yes thank you guys for your reply’s , l remember it well the $10 million ect , but why did the board simply not tell them to take it out of the $100 million + that they owed us ? Was this simply bad management negligence or what ?
However to move on there s I believe a case to answer here , if AB is now proved to be profitable and the board new it could be made profitable ,they had a legal obligation to put it to all share holders to let them decide on the best course of action , whether money should be raised , by whatever means necessary cash call ,farm out ect , not to do so would be seen to be negligent by a court of law ! As they would be deemed to be not acting in the best interest of share holders !

OK Thanks the reason I am so interested in AB is as it was given away , and I believe we paid $10 Million to get rid of it , under the excuse it was not viable , if it was to now produce commercial quantities of oil , this is very important as it could prove negligence on the part of the board , there are some important questions to be addressed here if this is now the case !

dodger55 The Russians have AB where did you read this ?