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I'll also accept nothing less than 200mill bucks to flog Heron.

Add 1.5 million bucks pa net for each increase of 100bopd.

I'll stay conservative as always and say we should reach at least half the wells maximum deliverables so 410bopd. That's about 7 million bucks per annum and that's without the oil price creeping up and not factoring increased netbacks from proposed reductions in operating costs.

Can somebody remind me how many shares Oracle has? Was it ten or 11 billion confetti shares? Thanks in advance.

Plus, Buck made a big deal of the fact that we have several potential suitors for the JV. That lets the Chinese know we are not distressed sellers and that the price will go up considerably if we have an offer of a JV on the table. As you say, in the meantime keep the work on H1 going to up the bopd and the price goes up too. Great work from Buck.

Interestingly, the MM's are upping the bid the more shares you are prepared to sell. Go figure.

Little tick up into the close? Lovely.

Bet our neighbours in block 19 are ogling our well-stocked side of the oilfield with a green eye. They've spent all that money in getting their own infrastructure in place, and now theyre running dry. I would be amazed if they hadn't at least said to Mike Buck, 'how much?'.

More manipulative ballocks JonnyRod? Still waiting for your detailed essay on the numerous similarities between Copl and Matd. When you're ready. I'll start you off - their business models involved oil exploration and extraction. Thanks in advance.

Well, lovely to see negs admitting that there's no evidence that a raise is imminent.

Hahahahaha. That's priceless!

Great analysis and summary Abzzba. Nothing the negs can do about any of that. Beautiful.

Yep, the illegal stockbashing group's days are numbered. Matd is primed and ready.

Looks ready for another tick up. I reckon we hit bottom last week. Time to top up or buy (back) in imo. No evidence of any need for a raise at all - cash in the bank sufficient for months to come, Petrovis loan facility in place, sign-off will release over a million bucks in short order as well as an increasing revenue stream with rising bopd, company looking to JV to cover costs of developing Heron, the three potential suitors on the scene, RBL a possibility once the revenue stream is consistent, and possibly support from local actors. So zero 3vidence to support an imminent raise. Plus hordes of non-invested negs have been saying a raise is imminent for er, five months now. Hahahaha

Yeah, not abusive at all. Clearly.

Maybe you should listen to the recent statements coming out of the company. Don't let them provoke you with their abusive comments Tenbag.

*their

The way the Mongolians suddenly stepped up to get the production at Heron going spoke volumes to me, especially after the years of effectively dragging there heels. A little AIM debt-free natural resources company with the backing of local gatekeepers, with proven assets has every chance of making it. Nothing is guaranteed for sure - if it was, it wouldn't be on AIM!

How many shares in Oracle!!! Jeez

Absolute garbage JonnyRod I'm afraid. I was in Copl and it went under because it acquired and built its assets on debt and then structured that debt with a bad actor who effectively stole the company whilst shorting its stock probably with the connivance of people within the company itself - the court case is pending.

MATAD literally has no debt attached to its assets so where you see similarities is a mystery to me. With respect, you're talking total ballocks.