Member Info for StockMaiden

Adw, just report these post to LSE

You can't reason with come people.

They must be losing so much money they're not making any sense anymore.

"I suppose losing money brings out the worst in some people."

Yes it does. Ever seen people lose money in the casino and then they throw cards into the dealers face? I have seen that many times.

May I suggest that when you decide to report AWD, would you mind to forward MB to the FCA as well?

I mean, I think investors would all like to see where the £174 millions have been spent on over the years.

Let me decode and tell you what is going on based on my observations.

Proquo, most likely is a made up story of him being part of a pressure group lobbying for Parliament and pan- European legislators to pass social media anonymous postings legislation.

Why I say this?

For one, his own view is very biased and not from a neutral standpoint. You can look back on his post and he is ramper.

Two, there is no hard evidence of his so-called group. Name of the group?

He had not responded to my questions and I don't think he ever will. If he does respond, I don't think the response will have any meaningful context neither based on his historic posts.

Three, if he was really part of an important group with the capabilities to pass legislations, then he, more than anyone else should know the boundaries of doxing and breaking the LSE rules.

Once again, it highlights how desperate the long term holders are to result in such cheap tactics, to threaten anyone who dare post facts about the company, to silence them on exposing the company's weak financial position, and the problems they are currently facing.

The irony though, the post started with the subject of anonymous posters spreading misinformation and market abuse.

Proquo comes to mind?

To suggest confirming people's identities via LSE is a libellous idea to begin with.

For one, nobody should feel entitled or have the authority to police a public forum. If that was the case, then me, you, or Bob next door can too.

To even suggest this highlights the level of childishness and intellect on some of these posters.

LSE have regulations in place to protect data. There's a report button next to each post and it's there for a reason. LSE will caution or ban if anyone is found breaking LSE rules.

The idea of doxing someone because they have an alternative view on a public forum is laughable. I, for, one have reported the posts that have suggested this.

Margaritas,

Good idea!!!

I think for balance LSE should look into the rampers spreading false information too.

The likes of "6p by June and 12p by year end"

This is not a fact. It's your attempt to entice buys.

Misinformation and market abuse?

Furthermore, none of the Negs that you refer to have verbally abused and insulted anyone. However, there is certainly evidence and screenshots of name calling and insults on the people that have a different opinion.

Market abuse?

So before you open your mouth, it goes both ways. The TG group is another evidence of the ths that happen there. Unsure if the numbers can be tracked too for market manipulation, abuse, even orchestrated fr@ud.

Proquo, if he claims to be who he is, is probably a better person to ask on that one.

And to further add to my last post, your good will is to "ban anonymous posting on any social media platform"

Okay, I get you on that part, and assuming it's for the reason to prevent the spreading of misinformation that can be done intentionally or unintentionally which would be received as market abuse, right?

But then here's a question for you. On what standard would you perceive as market abuse?

Let take a look at one or two examples:

Example 1: Block Energy.

A few years ago the Block Energy CEO have informed investors in live presentations that the flow rates on their WRZ16 well is flowing at 1000bopd. He had said this numerous times.

Only to later update the market that 70% of it was water, the SP tanked. Isn't that misinformation and count as market abuse?

Example 2: Georgina Energy.

The CEO have advised the market that everything went smoothly in the few months leading up to December, where the drill were supposedly to happen in that month. This information were updated via RNS and video presentations. When reaching December, all suddenly changed and December drill didn't go ahead due to permit issues and it has now had to be pushed back.

Is this misinformation and market abuse to you?

Example 3: Petro Matad.

The CEO Mike Buck have reassured investors that the campaign was fully funded and that a placing would only be used if necessary. Only a few weeks later, Mike Buck raised funds so he could go drill Gobi. I don't think investors were informed of any drilling plans for Gobi prior to the raise as the focus had always been Heron. The result was, evidently, poor as well. The CEO wasn't being honest nor ethical in that instance for the raise imho. Would you perceive that as misinformation and market abuse?

Would really like to hear your thoughts on that if your part of a group that can potentially pass legislation to safeguard investors.

Proquo, why don't you pass regulations to monitor aim companies and their corruptions & market abuses rather than putting the problem onto public forum users?

Safeguarding private investors from corrupt companies & CEOs is also very important.

By no way I am referring to MATD and MB. He falls into the incompetent category for me imho.

However, it's undeniable that there had been many aim companies that have gotten away with unethical manner and leaving private investors with nothing.

I know, strictly speaking, this should be more connected to the FCA, but at the same time the regulations there had been little help. Very rarely the FCA had actually prevented any unethical/criminal activities from cowboy CEOs.

If the safeguarding were in place, then instances like Sirius Minerals, Frontera Resources, COPL would not have happened.

Would like to hear your thoughts on this, if you are claiming you are someone from a pressure group currently lobbying Parliament and pan- European legislators.

It's a simple straight forward discussion.

If Matad don't find the revenue required for their forthcoming operations, the market will be spooked and the Matad share price will be shaked like a tsunami.

MB and team really needs to put his skates on and fix H1/H2. It has taken long enough already and the uncertainties are doing nobody any good.

Great job PH is doing.

Since he is doing such a grand job, no need for improvement.

Keep it this way.

More bonus on its way to the BODs come later this year.

What whoops, it was 80% up at one point.

News are on the horizon and a re-rate expected.

ManxKippers,

Thank you your reply too.

I totally agree with the "you have your view and I have mine."

At the end of the day, I still think the Heron results will dictate how the company would move forward.

Heron not coming in would be disastrous but one that is very realistic too given MATAD's records and Buck's credibility.

Time will tell but just stating MATAD has put themselves into a very vulnerable position.

They should have at least waited for Heron results before committing to any new projects imho

I would go as far as to say, if Matad don't sort those financial situation out, then there is a real risk of the share going into a point of no return.

Think about it. If anything happens to Heron, it means that MATAD would revert back to a company with no producing asset and cashless.

With Heron, 200bopd is better than nothing, but in the long run it wouldn't really change the course too largely due to the new commitments of the Borzon Block

I fully expect any revenue from Heron will be put into Borzon exploration activities but we all know the forecasted revenue from Heron wouldn't be enough. Fund raise will be expected.

Financial position MATD will be the same or worse. There won't be a cash positive balance in the MATAD bank, any kind of revenue will be used towards Borzon.

Borzon a sure win? Absolutely not.

Buck is just trying his luck in yet another rainbow chasing expedition of his.

This is back up by the results we have seen from Heron, unless he proves otherwise, but 200bopd is a disappointment.

There has been no mention of the expansion of the Heron field besides the remedial of H1/H2. Reading between the lines, I think it's fair to say the team have made a verdict that Heron isn't worth putting more funds into.

This also is in line that Buck has already set foot in the new Borzon Block.

The up to £14.9 million is a commitment, but the results are not guaranteed. There will be further share dilution.

If Borzon doesn't come in, then I think it is safe to say that MATAD's position as a company, will be damaged beyond repair.

It's not as rosy as the rampers thinks. DYOR.

It's you who should learn to read.

My opinion is based on a more realistic scenario here and now, when Heron are producing 200bopd with both H1/H2 being remedied.

Being remedied, strictly speaking, means having an attempt to save the well, maintain and boost production. Until that happens Heron is producing 200bopd.

There's the scenario that the production rate can drop off to, it's just the way it works.

Your opinion is based on the most ideal scenario in every aspects. You're using the maximum, in fact exceeding the 800bopd per day metrics when clearly the company had already advised 800 were the top when they initially tested the flow rate but had to choke it back for consistency and safety reasons.

Your other point of the Borzon commitment of $14.9 million being over 8 years. Yes, everyone knows that. However, my point being you don't start an expedition if you are not clear about the odds of success. What good if Matad withdraw after the first 2 years. MATD have gotten themselves in a lose-lose situation in my honest opinion.

Scenario1: they withdraw from Borzon after first 2 years. It means 1 million dollars wasted and time also. Investors would once again question Matad's inept in picking their projects and the abandoning them like we've seen. It means MATD had not made progress once again except building up on the expenses in Mongolia.

Scenario2: if after the first 2 years they continue with the commitments. That would mean £14.9 million required as per RNS'ed. My point being where would they find the funds for that. Again I am referring to Heron 200bopd or worse as things currently stand. Even if I was to dismiss any financial concerns, Borzon will be a wildcat exploration campaign. That translates to a gamble. We already know how Matad's other campaigns have turned out even though they've analysed and estimated favourable odds.

All in all, Matad have taken too much they can handle in my honest opinion.

The Heron fund forecasted will be very unlikely to cover for the upcoming expenditures. Let alone Heron issues remains unresolved.

I really don't know why people are using over 800bopd in their argument for Heron and to forecast future revenue when clearly the well had been choked back and issues are still being worked on.

Keep it real. There's the case of the the well being fixed, and there's also the case that it won't get fixed. Very unlikely that they will maintain a flow rate of over 800bopd in my opinion.

I would go as far as to say, if Matad don't sort those financial situation out, then there is a real risk of the share going into a point of no return.

Think about it. If anything happens to Heron, it means that MATAD would revert back to a company with no producing asset and cashless.

With Heron, 200bopd is better than nothing, but in the long run it wouldn't really change the course too largely due to the new commitments of the Borzon Block

I fully expect any revenue from Heron will be put into Borzon exploration activities but we all know the forecasted revenue from Heron wouldn't be enough. Fund raise will be expected.

Financial position MATD will be the same or worse. There won't be a cash positive balance in the MATAD bank, any kind of revenue will be used towards Borzon.

Borzon a sure win? Absolutely not.

Buck is just trying his luck in yet another rainbow chasing expedition of his.

This is back up by the results we have seen from Heron, unless he proves otherwise, but 200bopd is a disappointment.

There has been no mention of the expansion of the Heron field besides the remedial of H1/H2. Reading between the lines, I think it's fair to say the team have made a verdict that Heron isn't worth putting more funds into.

This also is in line that Buck has already set foot in the new Borzon Block.

The up to £14.9 million is a commitment, but the results are not guaranteed. There will be further share dilution.

If Borzon doesn't come in, then I think it is safe to say that MATAD's position as a company, will be damaged beyond repair.

Anything that had to be said behind closed doors and away from the public eye, I would recommend just forgetting about.

Lack of transparency and sinister manipulation are the reasons these forces wanting to operate in TG, to prey on the inexperienced.

I would caution anyone joining any TG investment groups.

Up to £14.9 millions for another go at wildcat exploration?

Good strategy?

Anyone who say this is calculated because Borzon nearby blocks are producing oil can just refer back to Buck's statements made on the Heron field.

He said the same with Wild Horse, Snow Leopard, Gobi, and Heron, about them having favourable success odds. Reality were quite different wasn't it?

How many barrels of oil does Heron need to produce to cover for the £14.9 million of new commitments?

And how many months of production would that equate to?

Have any of the rampers actually thought about the financial situation and did their maths?

Why are the words fund raise and placings are a taboo here? Hmm

MATD will need to raise funds to carry on their operations in Mongolia especially now they have a new block.

Anyone denying this is delusional or don't want to accept facts.

Why should I answer your question when you don't answer mine?