Member Info for Velocoraptor

Hamm, as you know so much, and are so good at managing oil companiea, why dont you nominate for CEO and give it a go. Im sure at least one person would vote for you.

In the meantime, why dont you just wait a few hours and see what the adults have been doing. You might even get a pleasant surprise

Cheers

Which is why they are holding a meeting tomorrow.

Jeez the negative crew is out in force today.

Good luck tomorrow to true holders. Let's hope for a positive and profitable development across all the facets of the business.

Wish list.

Farm out block 20

1st sale renewable project

Farm out Block 7

Aggressive works program

Giddy up

Well said Dan, they company is on the edge of making the last 13 uears worthwhile

Thanks for a sensible post and for all your efforts in presenting facts and objective opinions.

It's appreciated

There is all of a sudden a lot of down rampers turnimg up trying to get a position., along with the usual repetitive rubbish from the B team. Nice try MMs but you are out of time and shares.

.

The facts remian the facts

The oil in the ground has an asset value of over 3Billion possibly 4 to 6) market cap 30M big gap.

We have 2 commercial wells producing 24/7

The oil price is over a 100 a barrel and will be for the foreseable future.

The last RNS.said the farm out was at an advanced stage. If it was not ongoing this would habe been announced via an RNS.

There were "multiple" parties looking at Heron block and block 7. You could argue ome entity could farm into both blocks concurrently.

We know the works program has been signed off for this drill season

We know Gobi has a reasonable chance of commercial flow based on well data and interpretation. Game changer

It is likely the next announcement will be a farm out and details around how this was negotiated. Alternatively another party could have made an offer to purchase the block. Or we could have one farm out offer and one outright sale offer to be contemplated.

If we churned a renewable project and generate 10 million profit, the go alone scenario on block 20 with a farm out of 7 is a real live chance.

In contrast we could be contemplating testing Gobi before we ageee to final farm out terms, as its material.

At the end of the day I am sure Mike and the board will negotiate a good outcome for us longer term holders who have been through a roller-coaster ride over the last 13 years. Its exciting timing for a farm out and will really turn the dial to unlock the share price value it deserves.

May - the force be with us

What a ridiculous statement. Gosh there are some flogs on this board.

Why dont you just wait and see what the company announces rather that wildly and stupidly speculating about whack job theory's

Mike has always done whats best for the company. There is no doubt a lot going on behind the scene's with farm out or farm outs and renewable deals all being on the table.

Very exciting time to be a holder.

Watch this space. Good luck

Hope everyone is well.

The noise is simply because British Bulls went to sell. People trying to male 10%. Likey to get torched when farm out announced

Not long now. Best of luck to the true holders. Feel like its going to be something special in the next RNS

Come on Mike, we have waited a bit.

Or ......he could be working on the massive farm out deal which is a company maker. I know what i would rather he be doing.

Are you taking into accout the PC withholding? Dont think you are, and you probably know that already

Nice try though

Wow there are a lot of heros on this forum. Hamm flops from Matad is great to Matad is bad. Stock Adw and Bad all tell us its horrible, run away. A few new aliasas pop up to remind us all how dire the situation is. Its getting boring 😴

Good story........ No one, other than the board, knows what is planned for this year. All we can rely on is what the company announces. The following is fact

The company has a massive discovery worth billions

The company has zero debt

A farm out offer has been recieved and in theory could be closed any day.

Oil price is over 100 which improves the short term cashflow incredibly. We are likely netting over 65 a barrel currently, possibly higher, based on what we know.

Meeting was completed with the regulator, in theory signing off on the 2026 works program. Another tick box for the farm out.

We are awaiting news of agreement to the farm out terms.

We know it's up to a max 40% farm out with MATD continuing to be the operator.

There is still a chance we get bought out in block 20 by Petro China

All in all its a very exciting time for MATD. The sad situation in the middle east is causing significant short term disruption to oil markets so volatility and significant price rises and falls are to be expected in the next 6 to 12 months but if the farm out offer is good, and the terms would have to be, then the share price will respond positively and the future looks bright. Two other parties doing DD in the background.

We also have another block to farm out amd explore. Could the same party farm into both blocks? Possibly but probably unlikely. Plenty of options in the second block it seems.

GOBI interesting, could be a significant upside if it flows.

Market cap, bugger all , 25M currently, oil in place at worse case scenario 30M barrels worth 3B at current price.

That gap will shorten on confirmed farm out

Best of luck the long term investors, lets hope next week is the red dot we have been waiting for for a long time.

Cheers

Really appreciate your posts Dan. Great research and based in fact.

Thank you for your posts. The actual investors appreciate your efforts to find these critical pieces of information

Cheers and thanks

Another step in the process. Update soon

British bulls changed to a sell, so a few day traders probably getting out temporarily .

That and the MMs accumulating.

You dont want to be out when farm out news lands that's for sure

This isnt a page to debate world politics

Let's stick to the investment please. There is plenty to discuss here without bringing in the multiple problems facing the world

Cheers

Not sure the short term spikes will manifestly change the deal. Obviously good im the short term to get it across the line.Definitely good for our cash position. Oil has almost doubled so if this oil price is maintained for a coupe of months its a huge cash injection. Im still thinking a block buy out may be offered shortly . Will see.

Incredible. Let's get that farm out done this week MB

Think its probably to do with the farm out process being concluded. Hopefully agreement is reached and we can finally get cracking with a proper multi well program. Let's hope Mike can get a signature on the dotted line. Hoping the extended timeline with little news could mean its close.

Good luck all, its been a journey that's for sure

If Carlos owned no shares and sold no shares pretending to sell them for 1p how much did Carlos lose . Nothing but his soul and his credibility.

Seriously these bed wetters are getting desperate

Let's face it Carlos is a fake profile from the boiler room crew. Trying to sound reasonable but totally transparent in his writing style and bias.

Sad really, Carlos is about to regret selling, but each to there own

Exactly

I think a bit of perspective is required.

The company is negotiating a farm out. It is a significant investment for the group farmimg in and our boards job is to negotiate the best deal for shareholders. The short term share price is largely irrelevant to anyone other than day traders and MMs trying to male a quick 10%. These deals are complex and both sides will negotiate hard.

The deal has to be good enough not only for us but also for our majority shareholder. They have not been here, since inception, for fun. They will want a meaningful return on their investment. A farm out accelerating the block development achieves this.

We also have Block 7 with ,most likely, a different farmee.

Potentially 2 farm out deals could be announced this year along with the sale or divestment of one or more solar projects.

Its been a long painful journey bit tje compamy has NEVER been better positioned. This really is the year when meaningful shareholder value can be created.to capitalise on tje 66 million barrels of oil we have plus a hell of a lot of other big ticket items.

Good luck all. I feel an update will come this week or next but the longer it is the better in my opinion as suggests meaningful discussion.

50M for 40% is my estimate allowing 2 years of proper drilling / production and money making..

Block 7 circa 10M for exploration, 3d and perhaps 2 or three wells

Let's hope a good outcome for all can be achieved, and soon