Member Info for SenatorPrime

EXACTLY!

What many may want to consider, as Petro Matad start to move towards exponential growth via Farm Out Oil Block developments & major Renewable Energy projects, is that the "imminent" Sales Agreement should also catalyse the process towards Institutional open market exposure, radically impacting buying volumes & forward looking price stability etc. (ref: Q17 on the AGM Q&A).

Finally, the transition towards Institutional recognition & away from retail.

Live updatesLive updates: 'Iran war live: Trump claims peace deal ‘approved’; Tehran says not so'

https://www.aljazeera.com/news/liveblog/2026/6/12/iran-war-live-trump-claims-tehran-deal-approved-cancels-new-strikes

Looks more like the usual Trump weekend rhetoric on a peace deal, followed by early week sobering of that.

Live updatesLive updates: 'Iran war live: Trump claims peace deal ‘approved’; Tehran says not so'

https://www.aljazeera.com/news/liveblog/2026/6/12/iran-war-live-trump-claims-tehran-deal-approved-cancels-new-strikes

I'd be buying but all spare cash going into MATD. Regardless, the global reserve situation better explained in the following report. Definately worth a read.

https://www.brookings.edu/articles/the-timing-of-the-impending-crude-crisis/

"This is the 39th time Trump has announced he has a deal with Iran since the conflict started" - LOL (unfortunately)

Carrington - Spot on and what i've been posting on the MATD board for some time. It's the global emergency reserve depletion that's really driving events & currently there's. a huge disconnect between Oil futures & physical oil inventories. That can't last.

Investor33 - "This " peace deal " even if it were to happen as the delusional Trump states, would simply be a broad agreement to pursue further talks about the fine details of an actual deal. And Iran would make that process pretty well impossible."

Pretty much sums it up!

Cont:

"The Critical Bottleneck:

Clearing the StraitEven with the diplomatic breakthrough of a 60-day ceasefire to negotiate terms, the physical depletion of oil reserves will continue in the short term.The US Department of Defense and regional maritime experts have warned that Iran has lost track of some of the naval mines planted in the waterway. Sweeping and securing the Strait of Hormuz to allow standard commercial tankers to safely pass could take several months. Therefore, even under an optimistic peace timeline, global emergency reserves will continue to bleed heavily through the summer of 2026."

AI Generated response to Global Emergency depletion rates:

"The global oil market is currently facing its largest supply disruption in history. Following the outbreak of the US-Iran war on February 28, 2026, and the subsequent dual blockade and mining of the Strait of Hormuz, over 14 million barrels per day of Gulf crude were cut off from global supply.

The timeline for emergency reserves depends heavily on whether the tentative 60-day ceasefire announced on June 11, 2026, holds and successfully allows maritime clearing operations to begin. Current Inventory Drawdown and Depletion RatesAccording to the International Energy Agency (IEA), the "BUFFER" OF COMMERCIAL AND STANDARD OPERATIONAL SUPPLY CHAIN RESERVES IS ALREADY CONSIDERED EXHAUSTED.

Record Draws: Global oil inventories plummeted by 129 million barrels in March and another 117 million barrels in April. On-land stocks alone crashed by 170 million barrels in April. The Global Deficit: Despite record production surges from the US (hitting 14 million barrels per day) and Brazil, the supply gap remains massive. The IEA projects that the total global oil deficit will reach 900 million barrels by September 2026 if standard distributions do not resume. "

"Trump is manipulating the market to help with a certain IPO" - I certainly think he's manipulating market sentiment but underlyingb economic realties, underpinning the projected oil price spike, will be very difficult to circumvent at this advanced point.

Worth a read again:

https://www.brookings.edu/articles/the-timing-of-the-impending-crude-crisis/

Can't see any of that before the Emergency Oil Reserves depletion!

More complete details just released:

'Middle East crisis live: Iran says no final peace agreement reached, after Trump claims deal could be signed soon'

"US-Iran memorandum of understanding includes end to war in Lebanon - report Taz Ali

"Iran’s semi-official Mehr news agency has published a list of terms that are reportedly in the draft memorandum of understanding with the US. It cites a source close to the Iranian negotiating team, but the details have not been confirmed publicly by either Tehran or Washington. The report says the text is yet to be finalised by the Iranian leadership.

According to the report, the draft includes 14 points:

Permanent and immediate cessation of war on all fronts, including Lebanon.

The US’s “commitment to non-interference in Iran’s internal affairs” and respect for its sovereignty.

Lifting of US naval blockade within 30 days.

Withdrawal of US forces from around Iran.

Reopening the strait of Hormuz within 30 days “with Iranian arrangements”.

Suspension of US sanctions on Iranian oil.

US and allies to draw up reconstruction plans for Iran “worth at least $300bn”.

Sixty days of negotiations to reach a final agreement “based on nuclear issues and the complete lifting of” sanctions.

Reiterating Iran’s commitment not to produce nuclear weapons.

During the negotiations, the US will not increase its forces in the region or impose new sanctions.

Release $24bn in blocked Iranian funds.

Establishing a monitoring mechanism to implement the agreement.

Final agreement to be approved by a UN security council resolution.

The final negotiations will not begin before the release of half of Iran’s frozen funds, the suspension of oil sanctions and the lifting of the naval blockade. “Discussions about Iran’s missile programme and support for resistance groups have been definitively removed from the agenda.”

Israel has previously said it would continue its ground operation in southern Lebanon despite a ceasefire agreed in April which has all but collapsed."

https://www.theguardian.com/world/live/2026/jun/12/middle-east-crisis-live-us-iran-israel-lebanon-trump-hormuz-oil-peace-deal-doubt-latest-news-updates

That's a big ask, if we go by previous rhetoric by the respective sides. I've been focused on the Emergency Reserve Supply, which will reach critical levels by end June/ Early July, hence why I still believe this may be a continuation of the Iranian 'stalling tactics'.

The Iranian side has a longer timeframe before more critical impacts.

The draft version of the Iran-U.S. MOU includes a commitment:

- The US to lift oil sanctions and a commitment from Iran to reopen the Strait of Hormuz, Iranian state media reported Friday.

The 14-point document dictates that final negotiations will not begin until:

The release of half of Iran’s frozen funds

- the suspension of Iran’s oil sanctions

- the lifting of the naval blockade

(Source: Mehr News Agency)

OK - Back to Petro Matad Investment discussion.

Investor - It's now being directly liased between Mike, the Company Brokers & LSE, parties also co-ordinating with the FCA, who mobviously have the power requisite to access individual trading accounts. Pretty much all I'm going to say on the matter at this juncture.

Atb

TBT - LSE are actively on board now and bypassing the default complaints route.

Investor33 - Completely valid points, as they stand in isolation.

However, there's something more going on, which the Company briefly mentioned at the AGM and which is actively being followed through on, with the various relevant entities. When i say 'reported', it's more than just his individual post (now removed but recorded). It also involves certain other posters here.

That's pretty much all I can say at this juncture. Atb

Good points Dozzawba - Sales Agreement is "Imminent" anyways, according to official, regulated Company communication.

Doc reported for deliberately trying to mislead the BB!

With an imminent news release, I understand why he's increasingly desperate for his re-entry but completely unethical. Back to Petro Matad.