Member Info for SenatorPrime

"We have no idea who the bidders are and what offer was if any! It is all mystery."

Indian & Chinese entities for a fact & as already stated!

"After two months, all we get is AGM news."

And vwe're just as likely to get the FARM OUT news in the next couple of business days & given they haven't communicated the 2026 Works Program yet.

Why do we think that is?

Very likely as the Farm Out deal is being concluded, said Operational Update being communicated already if the Farm Out development wasn;t part of it.

Engage the brain Hamm!

"if there were a firm proposal, it’s hard to understand why there’s been no update at all."

There's no 'IF' Hamm - there has been a FIRM PROPOSAL, as officially communicated by the Company via RNS. It may be hard for you to understand but these sorts of deals have timelines that operate independently of your personal, trading driven agenda.

Hope that helps

As above, given he's now suggesting the Company is communicating 'Fake News' in their official RNSs - Would suggest others do the same, as only way to address this reprobate!

Hamm- Have we had a FIRM PROPOSAL before?

Reported you to Admin for the 'fake news' and other nonsense!

Hamm - "Fake news. There is no farm-out."

The reference to the FIRM PROPOSAL and 'CONCLUDING' of deal was from an official RNS. I would suggest your rrsponse shows desperation to re-enter a position and given we're highly likely to get the Operrational Update in the next few days.

Reported your post btw as you're well aware it's not 'fake news' - hopefully others will do the same Hamm

When have we had a FIRM PROPOSAL on the table before?

Grow up Hamm!

Not sure how posters conflate things with made up timeframes in their own heads.

Farm-out (Feb RNS)

"Discussions with one potential farm-in partner for Block XX are nearing completion and we are pushing to complete negotiations in short order."

That's off a FIRM PROPOSAL already on the table. I expect we'll get the requisite RNS in the next few days and explains the need for certain posters to re-enter positions.

Have a feeling Brent's going bto spike even higher - Let's see what the US do next re: the conflict!

Brent at $124bbl

That gives plenty of time for the Farm Out announcement & Heron / Near field operations!

MATD positioned for growth into a $Billion + mkt cap company v current valuation around $30M!!

That's the opportunity!

"If we assume $70 Brent then after price adjustment processing handling and trucking fees block 20 receives around about $54 per barrel and applying the PSC terms MATAD Nets around about $43 a barrel."

We currently have a circa $124bbl but we can look at forward oil price stability around bthe $95bbl level, giving us a very healthy Net Payback, well above the c.$43 at $70bbl

Risk v Reward with Zero Debt?

In ground valuation assumes a $3-$8bbl figure. With elevated prices expected for a sustained period (ref: $95bbl) - We can reasonably assume the upper figure.

For Heron ONLY - 35M-60M x $8bbl = $280M - $480M at $8bbl in ground

or $175M - $300M at $5bbl in ground

Those are 'in ground'asset values, development of the asset would yield significantly more (ref: Net Payback figures) & then we can factor in other asset arms.

FARM OUT News!

Brent $124bbl

CENTCOM commander to ‘brief Trump on new Iran military options’

"The Axios news outlet is reporting that Trump is set to receive a receive a briefing on new plans for potential military action in Iran today from CENTCOM Commander Admiral Brad Cooper.

The outlet cited two sources with knowledge of the matter.

“The briefing signals that Trump is seriously considering resuming major combat operations either to try to break the logjam in negotiations or to deliver a final blow before ending the war,” it reported."

https://www.aljazeera.com/news/liveblog/2026/4/30/iran-war-live-trump-urges-tehran-to-just-give-up-as-oil-prices-surge

I've said all along - MATD is shaping up to be one of the very best 'Investment' stocks listed on AIM, both in terms of Risk v Reward & Forward Growth Strategy.

Perfectly positioned for that major Re-rate and the progression towards double figures, eventually commanding a $Billion Mkt Cap - reasoning given already!

"Whopping 800k buy through" - Blue finish (according to Google Finance at least).

Especially since forward oil prices are likely to sustain a degree of the price rise (est around $95bb), which directly impacts the bottom line revenue!

"Oil price increase is all noise to the majority invested in MATD" - Not for those of us looking at this as probably the best 'Investment' play on the whole of Aim

"when/if we hit 4p and hopefully then it'll push through double digits.." - Glad you recognize the upscalingb expected here of the full Heron development, followed by GOBI/Block 7 & the completely unfactored in Renewable giant to be rolled out.

"Understand you have sold out and managed your risk , fair enough, but you are trashing the prospect's here for holders based on funding raise you claim is coming."

No, I was replying to Citytiddler and happy to reply to your direct post also.

We had over 90% of warrants (ish) at the 0.15p level, which if offloaded are almost certainln going to see a SP erosion. Talk of a Farm Out is premature imo, as any experience with such processes will demonstrate that they take significantly longer than people here are suggesting - indeed, I only have to look at the MATD Farm Out, in its final days before conclusion, to understand the validity of what i've stated.

You're welcome to think otherwise but I'll certainly give my 'real life' experience based opinion on the matter when directly addressed.

Atb & gl

Brent just touched $117bbl!