Member Info for Rookie72

You already missed the buy date, ex-dividen date

It was some good news but not the one everyone was hoping or waiting for, so it has been quite a negative effect on sp!

Big drop today

Yes all £1.80 worth lol

That is the figure for us to reach £1 They need to be producing between 15,000 and 20,000 bopd

My big question is, can Petro matad do 15,000 - 20,000 bpd? And how soon can we start achieving 15,000 - 20,000 bpd?

This is a big carrot, but I haven't seen business plan...setup costs, when it will start? How long will it take to complete and start earning revenue, how long before it can start making profits??

I fully understand why the share price where it is atm, you need to see the history of the company, when it first found oil...the numerous hurdles it had to jump, just to get oil out of the ground, even now there are are still alot of uncertainty, what is being promised and and is being delivered, because it is not set in stone with evidence, concrete evidence (proven) actual income...it is still promising jam for tomorrow!

A very confident buy at 15:17 £55k

Sold mine at 0.66 hope to buy back on the dip tomorrow:-)

Sold mine :-)

How are they able to pay a woping 63% dividend???

Does anyone think we can hit 40p??? If yes, what would the time frame likely to be, best case, worse case?

The 200 mw rtb, we don't really know what really materialise, let's not get ahead of ourselves too much...we all know things here Matd take 10 times as long to get done and they always seem to hit brick wall after brick wall...

Here’s a visual projection of MATD’s estimated share price at each major development stage (based on production milestones and sentiment-driven market behavior):

Stage Estimated Year Key Event Approx. Share Price

Now 2025 Only Heron-1 producing (~160 bopd) 1.2 p

Gazelle-1 online Late 2025 Adds ~300–450 bopd 2.2 p

Heron-2 & 3 Mid 2026 Expands to ~700 bopd 3.0 p

Full Heron development 2027 1,000 + bopd with stable sales 5.0 p

Heron + Gazelle cluster 2028 2,000 bopd potential 10.0 p

Takeover / major JV 2028 + Valuation re-rate 20.0 p

I suggested 2/3 years ago that they are dragging this out until the oil refinery are up and running, or as close to is as possible to bring as much through their multimillion dollars refinery, looking I am correct!

All this figures, I am sure are very interesting, but what I want to see is, when will we be making a profit?

Let's hope we can reach the resistance lvl again at 230p.

Waiting for this to drop back to 3p to buy back in again.

Fingers crossed.

I have got a cerspersicious feeling that this company has us all strung along for a very long time, promise of a very larvish main course... land permit, then access, two weeks was stated many a time of getting oil out of the ground soon as permit was given, even then it took like eternity. Even when we got oil out of the ground, we still haven't got very much tí show for it!!! All kind of spanner in the work, if it is not one thing its another....5yrs plus since oil was found and you would have thought they would have be making decent profit by now, right??? But not so.