Member Info for SenatorPrime

"30 bagger, lovely"

That's why focusing on the actual asset value is a welcome relief from the nonsense "who said what' that some are trying to rely on here as sensible investment analysis

The figures on the stated Heron resource value can be independently verified & we also have a very exciting GOBI work program to confirm hydrocarbon presence in Gobi 1, kicking in within a few weeks - potentially an extra 90Mbbl adding to Heron's 60Mbbl. Maybe some here prefer the 'who said what' gossipy chat lol.

"& looking to stay elevated (not necessarily at those levels) for the rest of 2026" My addition should have been after my comment, not Proquo's

Proquo - "Brent was $58 a barrel on 16th December. Most analysts were predicting around $60 for most of 2026 & looking to stay elevated (not necessarily at those levels) for the rest of 2026

They're now looking at $150-$200bbl and we should remember, Petro Matad is already producing oil, benefitting from the elevated prices & looking to majorly upscale that by many multiples from the immanent Farm Out. That's the reality of the situation for those looking at the serious investment opportunity, as opposed to the BB punch & judy theatricsby certain people here.

People might also want to look at prices across the board the last few days. Most are down. However,MATD is the most profound upside opportunity imo.

FARM OUT RNS due literally any day now

OIL PRICES buoyant and no settling around the $60-$70bbl levels for a long time yet

STRATEGIC SUPPLY SHIFTS should be obvious

GOBI WELL TESTING operations where Hydrocarbons already detected commencing very soon

Asset values as below, Zero debt, 100% owned, Transformational Catalysts imminent.

"In all seriousness: how’s this (mkt cap) £20 million?? Indeed, the MATD has one of the most profound disconnects to their Asset Value ie OPPPORTUNITY!

Using $5bb in ground value (current situ may secure the higher $8bbl in ground, hence higher figures)

A) Heron Field (60 MMbbl Recoverable): - $300M (£234M) | 12.6p per share

B) Gobi Prospect (90 MMbbl – 150% Larger than Heron): -$450M (£352M) | 18.9p per share

C) TOTAL Block XX Portfolio (150 MMbbl): -$750M (£586M) | 31.5p per share

Whatever figures you use ex. mid point reserves for Heron around 45Mnbbl as opposed to 60Mbbl, the major SP disconnect to asset value should be very obvious really.

Takeover price? Lot (lot) more than the current mkt cap, lol. Massive value disconnect, but not for long i suspect

Takeover / Buyout? Interesting points:

"Buck said he'd be happy to sell Block XX if the right offer came in. That could well be what's happening now. One fact we know is that there are several parties interested. Bidding war?"

"the Chinese are not known for sharing, they would want a straight buy out of block XX"

I think they'd make a play to takeover Petro Matad in its entirety, as opposed to just Block XX, although that's obviously possible given the Block 19,20 & 21 operational synergies, as well as the high chance of Gobi confirming the hydrocarbon presence already detected, to add an additional potentail 150% to resource size.

I think given the geo political supply landscape shifts, they'll also want the potential billions bbls from Block 7 and the very promising renewabl arm with its GW's of export supply being targeted for export ect

As the 18th Feb RNS stated: "Discussions with one potential farm-in partner for Block XX are NEARING COMPLETION and we are pushing to complete negotiations in short order."

'Nearing completion' suggests theres a mutually agreed end point which they're working btowards ie The Farm Out and are near concluding that. Pretty obvious.

The MRPAM meeting that was successfully cocluded on the 5th March, would have been needed to sign off the 2026 Works Program, which the Farm Out would have defined. As they state, it was successfully concluded and would have been necessary for final signing off of the Farm Out agreement.

I think this week/next week is a reasonable time frame and hence why i expect the RNS imminently. Every day draws us closer to a defining moment in the company's progression to unlocking major value from its assets.

Farm Out this week imho or very latest next week

Those on the sidelines may want to value the 'in ground' asset value of Heron (no Gobi, Block 7 or Renewables factored in) at circa $5bbl ($3bbl-$8bbl), with a Zero debt/100% owned company status, to assess the hugely positive risk v reward position of a MATD investment. It helps to filter out the 'noise' from the circus looking for their own positions into the investment

Brent closing in on $114 bbl and the massive upside value of MATD about to be unlocked in the com pany making Farm Out RNS.

Your money, your choice

IMHO and pretty much nailed on for delivery, with the successful MRPAM meeting a couple of weeks ago for the 2026 Works Program. Farm Out partner would have required that before final signature & now should be all systems go!

Yup. Harry does it again

X1,600% Upside (or higher) potential on Block XX isn't something I'd be out of. That's even without Block 7 or Renewables.

Make your own choice

RNS Monday would serve a lot of these clowns right lol.

Asset value in ground multiples of current mkt cap. Oil price on a roll. Markers down and MATD's drop consistent with most other Aim stocks, even though value disconnect many, many times greater.

Make your own choices. The company making Farm Out RNS incoming very shortly by all accounts & now the MRPAM meeting has successfully cleared the 29026 Works program

Higher than todays level, not the $200bbl. $150-$200bbl going forward is being moire widely acknowledged now across the space

"$200 oil is coming."

I expect the Oil price will be significantly higher before it settles around the $80-$90bbl levels. Also depends what the new situation will be re: the Straits and who ends up controlling it!

I have estimates of $80-$90bbl going forward, after the cessation of the current unrest. There'll be emergency reserves to be built up & importantly for Petro Matad, strategic supply shifts. We already have China next door & India actively involved in the Mongolian oil space.

People were complaining about a regulatory approval needed for the Farm Out. We've now had the 'successful' MRPAM meeting, which would have covered the 2026 works program, including the Farm Out component. That would have been essential for the final signing of the Farm Out agreement. Those same ones asking where the Farm Out RNS is. The MRPAM agreement was only 11 working days ago!!

The Farm Out will be a transformational catalyst for the company, with the current Mkt Cap at an extreme disconnect to the in ground asset value.

RNS should be incoming any day. I'm looking at last week of March - first week of April, with a very bullish 2026 Works Program, including the hugely exciting Gobi, with Hydrocarbon presence already confirmed.

Atb genuine holders. 2026 is finallythe year Petro Matad & it's shareholders

In the meantime, the Farm Out RNS should drop any day now. My guess is last week of March - first week of April but could be any day. With the succesful conclusion of the MRPAM meeting earlier this month, the 2026 Works Program built around the Farm Out deal would have been signed off (hence 'successful meeting'), which would be needed for the Farm Out signing.

Heron development, Gobi, Existing well upgrades & finally unlocking the real value we're sitting on with the company's assets. 21.5p risked NAV according to multiple broker notes on Reserves analysis & a very bullish macro strategic supply / oil price environment.

Farm Out RNS incoming.

Lots of the usual nonsense posted when stocks across the board saw price drops due to the escalation in the Middle east conflict. FTSE down 2.35% which is a very big single day drop for the index. The Ftse All Aim dropped 3.34% & Ftse AIM 100 3.82%. Most of the company's on my watch list dropped 5-10% yestertday.

MATD tends to be pretty low volume so any market exit by a few shareholders can disproportionately affect the SP. However, high oil prices will feed in positively to our bottom line & monthly revenue figures due soon.