Member Info for StockMaiden

So much value being created

Sp is slowly moving towards 1p

When are we expecting the permit?

Looks like some people got sucked into the stock and now wanting to get out but couldn't because the SP is drifting

It has occurred to me this is his plan.

Looking at his actions, no shareholder value created, no plan for ROI, it's just aggressive spending and bidding for new blocks.

Sirius Minerals 2.0?

MB could be using shareholders expense to prove up oil zones, but only to sell the company outright to the big boys, possibly at 1p a share.

Reminds me of Sirius Minerals.

Yes, with the new info for the £14.9 million new commitments, the SP does seem over valued in my opinion

Whose going to fork out £14.9 million, it's no small sum.

News will come when it comes

£174 million spent

Unknown costs for H1/H2

£14.9 million forecasted for Borzon

Company running expenses

It will take more than a miracle for these guys to make back the cash that they have splashed throughout the years.

No one talking about the ROI

How long will it take for Matd to become profitable for the amount they have invested

My guess is never because Buck's plan obviously isn't to build a cash positive MATD

It's looking like he is trying to prove up oil fields and then selling the company, just like COPL and SXX did

In both cases unfortunately, shareholders lost out big time.

$2.5m testing + unknown remedial cost for a chance at 30bopd?

This will never become an income positive oiler!!!

As soon as they generate a bit of income (eg: Heron forecasted revenue) they go chase a larger field with a new £14.9 million commitment.

If the Borzon field is successful then the same will happen, if it's a dud then the SP will deteriorate further.

It's a lose lose situation for shareholders.

MATAD will never become a cash positive company

There's no money to be made here.

The SP has been on the downtrend for the last 10 years.

Imho

"MATD is a bottomless pit for investor coffers"

Exactly!

£174 millions spent in Mongolia.

Ends up with 2 broken well.

Not made a penny revenue.

It's not like the TG group have any insider information or insights into how the stock would perform.

The group is set up for their own agendas, and to manipulate. Again, the question is why the need to go to such lengths if the stock is good and attracting buyers already.

Truth is it's not, anybody entering those groups is the lamb being set up to be slaughtered.

If this isn't another red flag then I don't know what is.

If Matad wants the market to feel confident, it's very simple, deliver some results.

Why would people even need a TG group for any supposedly news and updates on the stock.

Most of these TG groups are fraudulent. Its aim to direct genuine investors / potential investors away from monitoring sites like this one, so they can mislead, influence, encourage buys, often done in an unethical manner.

This is supported by anyone with an alternative view of them getting removed/ blocked from the group.

Any stock with a TG group is a sign that the stock is in a desperate situation. If the stock was good then absolutely no need for that.

More than often, its dark forces at work, trying to offload their inventory of shares, and they need to find mugs to fill the quantities.

"Stock this is the Matad board, perhaps stick to Matad?"

Thorn, sure.

Thorn, the end game is that MATAD needs everything in place for their oil to be sold, and currently they still have to complete agreement with PC and also obtain the export license.

"One shouldn't forget that most mining and profitable resources are found in some of the most corrupt regimes in this world."

Completely agree Roxy. Although your comment were for Matad, but it fits perfectly well for Oracle. That is why big players are going for the Solar Power / Green Hydrogen project in Pakistan.