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Cashflow positive✅

350 bopd and rising potentially✅

No debt✅

Farm out talks ongoing✅

Mongolian refinery desperate for our oil✅

Windfall 30% about to land imo✅

Low market capitalisation✅

Up 70% in 30 days✅

Heron 1 with 15% cut in costs✅

Salaries slashed by 70%✅

Petrovis loyal cornerstone investors✅

New licences with same geology as western China✅

Mike Buck over 20 million shares✅

Heron 2 still possibly commercial✅

Which begs the question, why is ADW here? It’s pathetic this. He really needs to go and visit a psychologist imo. A Very very unwell person

Negs=10 out of 10 for effort. 0 out of 10 for honesty. The usual suspects. Nowhere to be seen when we rose over 100%. All this to scalp £37. 🙄

TT has given up being balanced. Oh well, we were right about him. Mask has slipped fully now

I don’t think your figures are correct Unnd. We don’t start paying the gov until we’ve recovered our costs. So $40 a barrel seems more realistic, possibly more. The 350 bopd are a starting point. But let’s assume that doesn’t increase.

350bopd x $40 x 365 days =14,600 days· $5.1 million

Salaries have been cut over 70%

Costs at heron 1 have just reduced by 15%

350 bopd is a “starting point” if you read the RNS

We are outsourcing most of not all the infield work and essentially have a Skelton staff

Bopd will rise like it’s done this year. So I’d imagine we are cashflow positive at this point

Let’s see if Mike can confirm that in the coming days.

I’d also assume gazelle could be a “jumping off point” for understanding the geology over that part of the licence. We may have some low hanging fruit there to add another 133% to production cheaply and easily.

Finally, we are debt free so have zero debt servicing costs.

Imo we are cashflow positive

It must be knocking on £1 million. Not an insignificant amount of money for a small cap. Seems like it’ll be resolved before year end. More money less chance of dilution. Winner winner 🤩

Being a cashflow positive company gives MATD the most important move in business: to walk away from a bad deal. Even H2 flowing at 50 bopd is massive progress. I feel some entity has tried to drive us out of business but has failed. The past year on this bb has shown that. This is the start of the re rate and fight back against the forces of darkness. We know who they are here.

It’s all about net production really and net free cashflow. 350 is better than 150. Well, not for everyone. 😂We are cashflow positive. The chances of a raise decrease. And gazelle is just the start. I have a hunch H2 will come in and we will agree a farm out over winter. All to play for. 💰🤩🚀

350 bopd makes us cashflow positive and significantly reduces the likelihood of future fund raises. In fact, they aren’t necessary. Which again de risks MATD significantly. Happy days 🤩

The stock is up 70% in 30 days. Fact

That fact upsets doc and the gang it seems

Being debt free without bond holders is really an under appreciated thing for MATD. Things have changed on the ground in Mongolia if you follow these things closely. This will multibag, you just need to be loaded up when it does. Traders will run to the hills. Fair enough. That’s why they, statistically, are net losers. We’ve seen it near, hence the bitterness and cancer talk. The farm out will appear one of these 7am’s too. Hold for gold 🚀💰🚀💰🚀💰

Cashflow positive✅

Up 70% over 30 days ✅

200 bopd is an “initial” flow rate✅

350 bopd net✅

No debt✅

Renewables✅

Dodgy doc defending the indefensible. What’s new?

If MATD is a dog, move on

Yet you are here

They missed the 100% move and they are bitter about it

They’ll miss the Farm out move too.

FACT

Time to create a new account TT. RUMBLED. Not very subtle are you. Silly sausage

Is TT about to let his mask slip?? He’s been waiting for this. Weeks trying to put his nose up the bums of genuine investors. Just for this.

Always remember, the negs use patsys like espen to “frame” themselves as reasonable. It’s a game.

Up 70% in a month. Those are the facts. Farm out talks continue. 133% uplift in production is JUST THE START

Up 70% this month. The market loves MATD. Fact

Up 70% this month.

I’ll take that

Traders may have mistimed their entries here and no doubt we’ll hear all about it. Repeatedly. Ad neuseum

🚀🚀🚀

Farm out deal is incoming. It’ll gap up pre market. Block 20 has huge potential. And the refinery will need this oil very soon. DYOR