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Abz has covered this repeatedly master. Why would MATD is waste their money when the block is about to sold for farmed out?

Makes zero sense

And signals a deal is coming

Not sure why you can’t understand that?

🤷🏻‍♂️

What level of business experience do you have? Please be specific?

The reason I ask isn’t be score points over you. Imo you lack the commercial awareness to understand the complexity of such a deal

Re your questions: I don’t agree. We are making free cash flow and can go it alone if we choose. But a farm in deal is nearing completion.

If you don’t think so that’s fine. Sell up and wait silently on the sidelines. That’s the only logical thing for you to do imo.

Hamm: what level of commercial experience do you have? Have you ever built a building from scratch? Obtained an export licence? Got an LOC? Applied to got planning permission? Ran a business in the uk or elsewhere? Worked with a government to obtain an import licence?

I’d be interested to know.

Because this type of “are we there yet” illustrates a lack of business experience imo.

Farm-out

Discussions with one potential farm-in partner for Block XX are nearing completion and we are pushing to complete negotiations in short order. In parallel we are continuing discussions with other potentially interested farm-in partners for Block XX and for Block VII.

Imagine the offer was made in January ? The market has fundamentally changed. So Mike is right to get a decent price for the asset in line with the rising POO and explains why it’s taking longer

Set 8ers won’t understand that but cest la vie

MATD on the rise

📈📈📈

The Financial Conduct Authority (FCA) has significantly increased its enforcement actions for stock manipulation and insider dealing in 2024 and 2025, using both criminal and civil pathways (Freshfields, 2026; Stephenson Harwood, 2026). Recent cases demonstrate a focus on holding individuals accountable for exploiting sensitive information, often involving technical consultants and AIM-listed companies (FCA, 2026b; Stephenson Harwood, 2026).

Recent Criminal Convictions

In criminal cases, the FCA and the Serious Fraud Office (SFO) target conduct that causes significant harm, resulting in custodial sentences (FCA, 2024).

• FCA v Redinel and Oerta Korfuzi (June 2025): Redinel Korfuzi was sentenced to six years’ imprisonment and Oerta Korfuzi to five years following a contested criminal trial for insider dealing (Stephenson Harwood, 2026). 

• FCA v Matthew and Nikolas West (May 2025): Both individuals pleaded guilty to insider dealing. Matthew West received 15 months’ imprisonment (suspended for 2 years) and 200 hours of unpaid work, while Nikolas West received 6 months’ imprisonment (suspended) along with confiscation orders (Stephenson Harwood, 2026). 

• **FCA v Mohammed Zina (February 2024): A former analyst at Goldman Sachs was sentenced to 22 months in prison for insider dealing involving information obtained through his role (Stephenson Harwood, 2026). 

Notable Civil Penalties and Prohibitions

Civil actions are often pursued under the UK Market Abuse Regulation (UK MAR), leading to substantial fines and permanent bans from the industry (FCA, 2026b). 

• **Russel Gerrity (December 2025): A petrophysical consultant in the oil and gas sector was fined £309,843 for trading shares in Chariot Oil & Gas and Eco (Atlantic) Oil and Gas based on confidential drilling data (Stephenson Harwood, 2026). The FCA used WhatsApp messages as key evidence in this investigation (Stephenson Harwood, 2026). 

• Dipesh Kerai and Bhavesh Hirani (February 2026): The FCA fined these individuals a combined £108,731 for trading in shares of Bidstack Group Plc (FCA, 2026b). Hirani, while serving as interim CFO, leaked information about a major deal to Kerai, who then opened a trading account in his name to execute the trades (FCA, 2026b). 

• **Neil Dwane (October 2025): Fined £100,281 and issued a prohibition order following an investigation into conduct occurring in 2022 (Stephenson Harwood, 2026). 

• Crispin Odey (2026): Currently appearing before the Upper Tribunal to challenge an FCA decision to ban him from the industry and impose a fine exceeding £1.8 million (Clifford Chance, 2026).

LSE admin really need to take action against StockM. He’s trying smash various stocks with unfounded lies and speculation. False and misleading statement constitute market abuse. The volume of posts too. No wonder there were previously over 2500 AIM cos and there’s only 700 now. The market is being ruined by these characters

Don’t enter a spelling Bee master. Christ 🙄

Feel free to report me. I’d happily let them investigate us all because I know what you and your cronies are. Bring it on back street fool

The Criminal Offence

Under Sections 89, 90, and 91 of the Financial Services Act 2012, it is a criminal offence to engage in:

• Misleading Statements: Knowingly or recklessly making false or misleading statements to induce someone to buy or sell investments. 

• Misleading Impressions: Creating a false or misleading impression as to the market for, or the price or value of, any relevant investment (e.g., "wash trading" to fake volume). 

• Misleading Statements in relation to Benchmarks: Manipulating indices like LIBOR. 

Penalties:

A conviction can result in a custodial sentence of up to 10 years in prison, an unlimited fine, or both. 

2. The Civil/Regulatory Regime

Because the "beyond reasonable doubt" standard is high for criminal cases, the Financial Conduct Authority (FCA) frequently uses its powers under the UK Market Abuse Regulation (UK MAR). This is a civil regime, meaning the standard of proof is lower ("on the balance of probabilities"). 

• Market Manipulation: Includes placing orders that give false signals as to supply or demand. 

• Insider Dealing: Using non-public price-sensitive information to trade. 

Penalties:

While the FCA cannot jail someone for a civil breach, it can impose unlimited fines, issue public censures, and ban individuals from working in the financial services industry for life.

Stock manipulation is absolutely a criminal offence in the UK, though it is often handled under a "dual regime" that allows for both criminal and civil (regulatory) consequences. 

The legal landscape is primarily governed by the Financial Services Act 2012 and the Financial Services and Markets Act 2000 (FSMA).

Why this is happening now

The FCA is currently utilizing a "multi-layered" surveillance model. They no longer just wait for a broker to report something suspicious; they use AI-driven tools to scan the entire LSE and AIM order books for patterns (like "spoofing" or "front-running") in real-time. 

For the average investor, this has meant more "Regulatory News Service" (RNS) announcements regarding investigations and a noticeably more nervous environment for the "old school" city traders who used to operate on "nods and winks."

The FCA’s increased aggression in late 2025 and early 2026 has been marked by a shift toward criminal prosecutions and a "zero tolerance" approach to those with technical access to market-moving data.

While market makers are often the target of retail suspicion, recent specific cases highlight that the "corruption" is frequently found in the consultants and advisers who provide the data those market makers use. 

1. The "Drilling Results" Crackdown (January 2026)

One of the most high-profile cases involved Russel Gerrity, an oil and gas petrophysical consultant. 

• The Offence: Gerrity used his specialized role to gain early access to drilling results for AIM-listed explorers, specifically Chariot Oil & Gas and Eco (Atlantic) Oil and Gas. 

• The Strategy: He bought shares ahead of positive drilling updates and sold them just before negative news was released to the public. 

• The Penalty: In January 2026, he was fined £309,843 and forced to disgorge over £128,000 in profits. 

• How he was caught: While suspicious transaction reports (STORs) were filed by brokers, the FCA used its new advanced surveillance systems to track his trades across multiple accounts and international jurisdictions. 

2. Market Maker Surveillance: The Dinosaur Case (March 2026)

While market makers are rarely "caught" being corrupt in a way that leads to jail time, they are being hammered for failing to stop it.

• Dinosaur Merchant Bank (DMBL): In March 2026, the FCA fined this firm £338,000. 

• The Failure: The firm failed to monitor and report thousands of suspicious trades in its CFD (Contract for Difference) business. 

• The Result: The FCA essentially forced the firm to unwind its CFD business entirely by mid-2025 because their oversight was so poor it was "enabling" market abuse.

3. The "West Brothers" Prosecution (Late 2025)

This case struck a chord with AIM investors because it involved insider information regarding capital raisings (placings), which often tank share prices.

• Matthew and Nikolas West: Matthew (a trader) received confidential info about upcoming AIM fundraises and tipped off his brother, Nikolas. 

• The Sentence: They were sentenced to prison (suspended) and ordered to pay back £280,000—not just their profits, but the total value of the shares they traded. This "total value" penalty was a new, harsher tactic used by the FCA to deter others. 

4. Spoofing and "Layering" (August 2025)

A major victory for the FCA occurred in August 2025 when the Upper Tribunal upheld fines against three bond traders (Urra, Gonzalez, and Sheth) for spoofing. 

• The Tactic: They placed large orders they had no intention of filling to create a "false impression of demand," then cancelled them once the price moved in their favor.

• The Takeaway: The FCA proved that intent does not matter. If your trading looks like manipulation and creates a "misleading signal," you are liable, regardless of what you claim your strategy was. 

Fund raises are way better than debt. Debt needs to be serviced and repaid. If you fail to do so we all go to zero. Fund raises can be reversed by share buy backs or value growth. The opportunity cost of debt repayment is often overlooked by people. That outflow of cash puts a monthly burden on the business.

We saw what happened with COPL for example. If you ignored the debt, the business was brilliant. But the debt finished COPL. How much money could have been made? The assets didn’t ever mature. A complete loss. Down to zero.

MATD being debt free lower risk considerably. Remember: risk and volatility are two very different things.

The stock bashers had disappeared on Monday morning.. then I woke up

Listen very carefully to everything stock M says, then do the opposite. It’s the royal road to riches.

He was calling 0.3 here. He was salivating like a wild dog when this dropped. Now he’s moved to a different stock basher talking point.

He’ll be saying the same stuff at 1 p too. Idiot boom

The problem is: the stock bashers were saying the same things at 0.7-0.8. They don’t rate MATD. Fine. Move on.

But whilst they were stock bashing at 0.7, some of us have almost bagged

Characters like Hamm have zero credibility. He’s a self serving scalper without a moral compass imo

£20k-£30k revenue today. One day closer to farm out. Cash pile swelling. No debt to service. Block 7 borders China. Block 20 value increases as oil increase. Oil on the charge. Assets not linked to Hormuz or Middle East. Declining bopd in Mongolia with refinery nearing completion. Renewables look massive with zulas contacts.

Those facts will upset some here.

MATD on the tear

📈📈📈🥳🥳🥳

Wait on the sidelines if you aren’t happy. This investing lark isn’t that difficult. This isn’t a counselling service. No need to cry here every 5 minutes.

Does oracle have a TG group? If so, can someone plz post the link

Cheers