Member Info for SenatorPrime

Lol - I'll invest in MATD & then go shopping at Fortnum & Mason ;)

Re: Specific FARM OUT terms - Oil Sales Agreement etc, perhaps wait for the RNS to clarify that. What is obvious is many on the sidelines through premature selling on a US-IRAN deal now look like they're frantically positioning to get back in before said RNS - Why help them 'Spam' the BB in the meantime to facillitate that.

Whta may be more productive is to look at the larger Company specific position - awaiting a 'transformational' Farm Out with a firm Proposal already in place & ongoing Production - Revenue at a very buoyant oil price, possibly set to go much higher given current events

ZERO DEBT - 100% OWNED also helps!

Brent $105bbl already

"President Donald Trump has dismissed Iran's response to US proposals to end the war as "totally unacceptable"."

https://www.bbc.com/news/articles/clypgz9e5pmo

Those thinking they could 'cleverly' trade it on a peace deal materialising, perhaps should have given more thought to the huge chasm in respective positions - it's beginnining to look more & more likely that this will end up being an extended situation playing out, with further shorter term kinetic strikes (perhaps) but underpinned by a longer Hormuz Blockade / 'Operation Freedom' ship guiding scenario.

Impact on forward oil prices & supplies can be factored into that.

As the Header!

In the meantime - "On Sunday, President Masoud Pezeshkian said: "We will never bow our heads before the enemy." with more Drone attacks targeting Gulf nations.

Let's see how that plays out.

I think widespread concensus (beyond political ball playing), is widely acknowledging an elevated oil price significantly beyond any resolution of the current conflict.

https://oilprice.com/Energy/Crude-Oil/StanChart-95-Per-Barrel-Is-The-New-Oil-Price-Equilibrium.html

The company seem pretty confident in increasing production via those means - I'll leave itn there, as not technically qualified to say much more on the matter.

Hamm & a few other of the 'usual suspects' obviously feeling the heat of being out at this critical, transformational period for the company - their lookout & they need to own the decision that seems to already be costing them, especially as it looks increasingly likely that no tangible US-IRAN deal is close & the major company Operational RNS should be released any day now.

My own view is that Trump's trying to extend the ceasefire until his 14th-15th May visit to China is over - then he'll look to 'complete' his mission of crippling Iran going forward, by targeting Key Infrastructure and/or Kharg Island.

I could, but I'll be reporting Stock Maiden's posts, as he effectively 'Spams' out other posters, thereby disrupting the BB.

Feel free to block me Bad prophet. You've advised others multiple times to do that to my posts & claim to have done so yourself - obviously not the case you little porker. You can get back to whatever sad life you inhabit now ;)

Atb

Perhaps we should all REPORT Stock Maiden for repeat spamming to disrupt the BB?

Usual Weekend nonsense posting from the usual troll suspects Lol - so glad I'm actually holding stock & not looking for an opportunity to Buy in before the major header RNS.

Enjoy the Weekend all - let the trolls sweat! ;)

Major transformational RNS expected & very comfortable invested for that.

Enjoy the weekend!

I think Hamm's been exposed often enough - the real question is, why is he so deadl;y keen to Buy back IN now!

Hamm - "It often feels like people only show up when it ran from 0.8 and are sitting on profits, and assume everyone else is a short-term trader trying to get rich overnight. "

Also Hamm - "Doc, you are wrong. I am not trading never been." - 8th Apr

Also Hamm - "Might have to sell half my shares, then buy back" - 5th Apr

Complete reprobate, whose posting reflects that in order to manipulate others to sell, whilst he eases his greasy hands back in!

Of course Climbing Wooster. Many thanks to those posters for contributing to sensible investment discussion here. Atb

Back to the Investment - That's $600K-$900K per month net to Petro Matad, which obviously strengthens the company's balance sheet and positions it more strongly in any negotiation process, along with the Global StrategicSupply shift, which also favours Petro Matad.....and the Firm Proposal for the Farm Out already received.

"£20k-£30k revenue today. One day closer to farm out. Cash pile swelling. No debt to service. " - EXACTLY!

Not sure why people have issues with stating the above, which is the case & at significantly elevated Oil prices than the $70bbl for the $40bbl Net pay back to Petro Matad.

FARM OUT deal is a 'no brainer' for any farmee party, given this is a PRODUCING asset and not Exploratory and probably also explains the FIRM PROPOSAL already received!

If people think not, then they're welcome to look at alternative investments, albeit they somehow can't make themselves do that ;)

Climbing Wooster - refer to the 10:30am post!

Btw and engaging our brain cells - Do people really think Mike Buck is paying people to 'promote' the stock on BB's, when he's terrible at any form of social media initiative, as easy as X even, to promote the stock himself??

Think about it & then perhaps apply focus to where it needs to go - ie. the actual INVESTMENT!

In other words, Grow Up!

Then DIVIDENDS

* work out the sorts of ROI's off the current SP!

There's a firm Farm Out Proposal already on the table and the site visit, due diligence and Farmee parties linked to China / India, who are actively looking for alternative strategic supply lines.

We have Heron, but also potentially GOBI (hydrocarbons already identified) & Block 7, which shares the same geology as the already producing field on the China side etc

Asd Buck suggested, this will be Transformational for the company & the start of a more resilient upward price trajectory, given the upscaled Production / Revenue & all other Investment aspects (ex Renewbles, Block 7) linking into a Zero Debt, high profit making operation

"So , with that premise if something happened in the past it will happen in the future"

When it went from 3p to circa 37p in around 6 weeks!!