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China $65 billion investment into Pakistan

1min 50 secs: Pakistan to become worlds largest 20 economy by 2030

https:

//youtu.be/F9tI_1NsSZA?si=iNZty_vWpD1htgFt

Hamm,

What you have posted there about the China Mongolia geopolitical relation is true. Except Matad would not play a part in it in my opinion.

China would go to majors like Petro China and Sinopec if they needed more oil supply.

Petro Matad in their current situation are struggling to stay afloat as I write, let alone pumping enough oil to help anyone with oil demands at 200bopd.

Petro China would be the first China would go to if they needed more oil. Petro China had been in Mongolia way longer than MATD, and Petro China didn't want the Heron field when it was right next door to them.

DYOR

"no doubt MB will choose the well with the best pay back potential"

Or perhaps MB will drag it out and go for a no pay back Abzzba, a fund raise!!!

Wiseowlspeak says:

"PARTNERSHIP or BUY OUT?"

Neither, there'll be will just be a fund raise.

Imho

L don't know why some people want to glorify Matad and make them relevant when they are quite insignificant at their current position in the oil sector.

Matad is struggling to produce 200bopd for god sake, and people are talking about Matad supporting China with their oil demands. Do people have any idea the size of China? Matad in their current position couldn't support your local Petro station.

Just a 30 seconds research will show how inadequate Matad is compared to just two of the big players in Asia:

"Sinopec Oilfield Service Corporation, a subsidiary under Sinopec Group, is a large integrated petroleum engineering and technology service provider in China. With a history of over 60 years' excellent performance, it is one of the leading integrated oilfield service providers in China." ✅

"PetroChina Company Limited is a Chinese oil and gas company and is the listed arm of state-owned China National Petroleum Corporation, headquartered in Dongcheng District, Beijing. The company is currently Asia's largest oil and gas producer." ✅

"Petro Matad plc, a notable British firm, specialises in oil and gas exploration and development, with a focus on Mongolia. MATD is currently rated as a Sucker Stock by Stockpedia" ❌

DYOR

"The world seems to be breaking into parts and China will continue to be the greatest force in Asia"

Absolutely agree on that but it has little to no relation to Matad in my honest opinion. Matad couldn't even sort themselves out in their current situation.

Petro China has plenty of oil from their portfolio that they could supply to China when needed. Sinopec and other major players also.

Matad is just an insignificant pebble in the massive desert.

Imho

I wouldn't put all the blame onto the MG and I am not defending them.

Looking at it from a neutral standpoint, Matad have on many occasions f'ckd up over the years.

I suspect there are some criterias Matad have not met for the MG to fully support and grant them the licences that they need.

This is backed by evidence such as Petro China and other oilers not having the same problems, why only Matad.

We have seen silly mistakes from Matad in the past, namely workers forgetting their Visas, and missing paperwork with resulted in a rig on loan idling on site being charged daily, and £600K went to waste.

Let's not forget the local environmental petition over Matad. Again, why nobody else has such issues. I am not making these up. Anyone can go through the RNS's if they fancy.

Matad is either incompetent or they are just playing games here, imho

DYOR

When shareholders have to go through the trouble and stress to analyse and make assumptions about the going concerns of the company due to lack of transparency and clarity from the CEO, it's not exactly a reassuring position to be in because RISKs remain for things that could realistically go wrong.

Not as rosy as the rampers make it to be.

DYOR

I really like to know what you guys think about the CEOs comment, and how damaging would it be for Matad, both financially and sentimentally, if they cannot receive payment from the oil pumped?

The CEOs comment a RED FLAG?:

The point about the CEO saying "ASSUMING we get paid" in response to the expected remuneration from stored oil at the recent AGM is a big red flag in my opinion.

The fact he doesn't know for certain himself says it all. If you are the CEO for a project, would you not make sure the agreements made between parties are clear.

Would there not be a legal binding contract outlining the terms and conditions, and the legal responsibilities of each party.

How does he now know? Please, don't tell me he handed Petro China the oil without any legal documents in place.

If the worse situation happens and the other party refuses to pay, will Matad file a lawsuit? And since Matad hasn't been fully transparent, will shareholders file a class action against Matad if the SP deteriorate due to the mismanagement?

I'm not saying the above will happen, but I think we should at least acknowledge the risks here based off of the information and the CEO'S strange response.

This is just my summary and speculation of a potential scenario. MB is the one to blame for his lack of transparency and clarity for making such comment.

DYOR

The RISKS are REAL!!!

Points to highlight, know the RISKs:

- H1 initially reported 821bopd, it has since been held back (Buck's words), and now producing 200bopd.

- H1/H2 are both experience issues. They need remediation (also Bucks words). No definitive time scale provided.

- H1/H2 at their current situation, they could get fixed, and they also could not. All that Matad had said is that they will plan to fix them.

- H1/H2, despite an easy fix as claimed by the company, has taken months with no reporting. Even if it was fixed, there is doubt whether the well can increase back to initial production levels.

- Export signature has taken 6 months and still not granted. It means they cannot sell oil without it.

- Matad are relying on Petro China for their storage facility. In the recent AGM, the CEO says "ASSUMING we get paid" in response to the expected remuneration from stored oil. What an odd thing to say and why wouldn't he be expecting payment. I suspect MB is not being honest and he knows there are underlying issues with the export signature.

- Matad has only £3million in the bank and there doesn't seem to be adequate funds to cover for the total expense of the company.

- MB said at the recent AGM he wouldn't rule out a placing, but judging Matad in their current position, a placing is most likely.

DYOR

"Non of the negs have mentioned the wider market"

The wider market with oil down to $65 you thicko.

The CEO says "ASSUMING we get paid"

Why would they not get paid? Surprised no body had asked the question at the AGM.

MB is the only one to blame for the speculation, for giving such strange statements and the lack clarity.

Uncertainty is never a good thing in AIM stocks.

The export signature is no where to be seen after 6 months is not a good sign.

All in my opinion.

"I listened to the AGM again and at 44:07 Mike Buck quotes the expected remuneration from stored oil sales, but then says "ASSUMING we get paid"

It sounds like he knows "something" for him to quote that, emphasizing Matad might not get paid.

A strange thing for Buck to say indeed. It ties in with my thoughts of him not being transparent with the shareholders.

I suspect he knows issues with the export signature, so perhaps he is negotiating with Petro China for some sort of deal, like oil to be sold through them?

This backup plan would make sense because the oil is already being stored at their facility, but not ideal because there could be additional commissioning fees and the risk of not getting paid.

Which ever the case, the uncertainty is no good.

Imho

Adw198,

The can't answer the questions, so they evade them. The are total clowns for their baseless ramps.

Yeah thumbs down for you Wiseowlspeak.

If you are not prepared to explain/reference your talking points, then you shouldn't be posting, especially when they are made up information.

That is market manipulation!!!!

DYOR people

It's your chance to prove yourself

Otherwise thumbs down for you Wiseowlspeak

As people can see, a lot of misleading information being posted by the rampers.

DYOR

Let's take a look at Wiseowlspeak's post. Copied below with further questioning!!!

- Heron 1 PRODUCTION and looking at Cash conversion near term for Cash Injection

(how near and what level of cash injection when the export signature not obtained and Heron1 not fixed?)

- Heron 1 'inexpensive fix' to get increase production. (how inexpensive, do you have an exact figure? I recall Matad only have £3mil on the bank last reported. How do you know the production will increase, and by how much exactly, will it be enough to cover the company expenditure + H1&2 remedy costs?)

- Heron 2 - low cost remedial work (how low cost, do you have an exact figure?)

- GAZELLE and/or GOBI Well Tests (How do you know Matad have plans to test these in 2025? Do you have a time scale of these tests? I don't recall MB saying anything with certainty)

- Low OP-EX activiities to increase PRODUCTION / REVENUE (Throwing in key words like Low costs, but how low exactly? Exact figure please? Lower then the low balance of £3mil Matad has in the bank?)

- While Current Tri-Party PARTNERSHIP talks conclude to Massively RAMP UP PRUDUCTION (est 30 Wells) thru ACCELERATED FULL BLOCK XX Development! (Where exactly did you find the information for 30 wells? Can you reference that statement please?)

- Add RENEWABLE Contracts / Discussions with Major players lik Rio Tinto, Bodi Group, China State etc (MB at the AGM said talks with 3 potential parties but I don't recall him giving any names. Can you explain how you come to the conclusion of your chosen majors?)

A lot of fiction there!!!! Thumbs down for Wiseowlspeak.

DYOR

A reminder that a PLACING is entirely POSSIBLE!!!

The CEOs response in regards to placings at the recent AGM:

"We're always on the lookout for non-dilutive means. The increase in this provision reflects the fact that in previous raises, we have done where we have always tried to make the offer open to existing retail shareholders. We found more support than the amount of shares we've been able to offer. This increase attempts to address that for the future, but only if required."

MB is saying what he has been all these years. I have heard it so many times. Basically, MB is saying a placing is the last resort and they will try to avoid one if possible.

However, if you look at the company's history, 90% of the time result in a placing.

The rampers are talking FUD when they say no placing.

DYOR

It's what the baseless rampers always do, just like they counter my posts with Orcp. In fact, a few of them have been posting there, they think they can force me to stop posting here by leverage.

It's speaks a lot about how they are afraid of my factual MATD posts.