Member Info for Velocoraptor

I love the keyboard CEOs

Risking their 1000 pounds whilst the company ,in the real world, negotiates a complex process whilst remaining respectful to the country and its internal processes. Its still winter , work over rig takes a week so lets not all get too hyped up with doomsday prep.

Production is coming in the next 8 weeks.

Game changes

Lots of other upside potential

Buy when the weak are selling

See you at the RNS party..... very soon

He didn't infact, he said MG as in Mongolian Government which is exactly what was announced.

Anyway , off to live life. Production coming, hopefully next few weeks or so. Load up when you can, 60M barrels at $90 a barrel. That's the focus

Everything else.is noise.

Cheers

Ok well he didn't "promise" but he said they want the well on production , semantics my man. They want the well on line and they are working towards that goal. They have until December and I firmly believe they will achieve this significant goal.

Watch again then, it's clearly in the video

Exactly, it's all speculation and bs until we have an RNS so carry in with your lives and look forward to a pleasant surprise soon enough. MMs are hoovering up weak hands so news is definitely inbound shortly

No definitely not, the point is if you are an investor and not a shorter , you take a position for the long term and you may take another short term trading position but if you lose face in the man running the show you need to have a long hard look and decide if you want to stay invested or take a loss. Aim isnt for everyone.

The problem is everyone has their own timeline and their own objectives so when I see apparent shareholders talking the company down, I am always suspicious of their motives, as it defies logic that you would invest in a company and then bag the CEO out l, behind a keyboard, when there are multiple more proactive ways to engage with the company that don't make you sound like school kids.

Let's face it,.it's bee n a very long journey but in my opinion we are very close to some significant wealth generation for shareholders and to me personally I am confident that MB will deliver and patience will be handsomely rewarded shortly.

I hope that this is very close to the end of this long winded process and we can make some meaningful progress towards production in the next few weeks, albeit maybe only production from one well before Xmas, but that revenue and the associated change from explorer to producer will carry a significant share premium and open up lots of funding and operational options for the company.

Remembering our cost is approx $35 per barrel so at 85 to 90 a barrel less trucking the economics of this one well are massively significant to the company. 24hours a day 365 days a year with one of the best PSC deals you could imagine in oil.

You have to back the CEO, he has 10M reasons for success

Are you though? You don't act like it and you don't behave like it.

I don't understand what you mean by no progress has been made? That's just not factual

We have an exploitation license and we have special purpose certification for the whole area and we have 60 million barrels of recoverable oil. Plus a lot of other things in the background.

My personal view is that is pretty significant and the value to shareholders is overdue to catch up to the news. We should have been at 10p plus already, on the exploitation alone but it will catch up quickly once the formalities are concluded.

Cheers

Gosh give it a rest derampers. Been away for a week, same drivelling people sprouting end of the world nonsense.

I would assume MB in Mongolia for meetings and progress, not for sightseeing tour with Mrs Buck

It's always interesting to see the "it's all over this year, Mike Buck should go" brigage, shortly followed by massive good news via RNS

Nothing has changed, SPL approved, work ongoing, workover and multi well DQE deal in final sign off. Many other upside announcements due on other matters

As always, you are welcome to sell me more shares. Investors know that this beast is about to wake up.

Good luck and hoping for a positive update shortly

To all the babies who are crying below, the reality is you can always sell your position and take your loss if you choose. But as always either you don't actually have any shares, or you are trying to manipulate an entry or you clearly don't see the massive upside in MATD.

Investing comes down to risk v reward. I am very comfortable with my holding and will continue to accumulate. I was a seed investor and see a bright future for the company, under Mike's leadership. He isn't talking it up he just continues to deliver for shareholders and most people would phave given up but he is persistent and determined .

The sort of leader we need

Wow there are some sooky lalas on this board.

I mean seriously, Mike should resign because a few whining LSE members who hold a grand total 10000 shares think he isn't going fast enough. It's honestly laughable. The government has been very supportive of MATD and has given us special certification and an exploitation license in a short period of time. We are dealing with frontier processes and a politically young government.

This is classic MM manipulation to make a quick dollar.

The reality is we will be producing oil, in my view before the end of 2023, the reality is we have 60m recoverable Minimum, possibly a lot more in one structure. We have a lot of other areas to explore and we should be awarded more land to explore in the current tender round.

We don't require any additional funds until the middle of next year, possibly never.if DQE deal goes ahead. Noting its been sent in for Government approval. Also noting we are not as temp / weather dependant for production so we can become operational at any time for the pump install / workover as far as I can see.

So keep buying the dips and keep your chin up. We have had a crazy ride to get to this point but we have never been closer to selling the good oil.

Cheers

Thanks for your kind words. Very judgemental of a stranger. I appreciated MBs update. Not much more he can do, it's a patience game, that's life in a frontier country with new processes and regulations.

I don't care about short term volatility I am accumulating a position as I think there is remarkable value in this share. I bought more today and will probably buy again. My average price for three days has me in profit on these purchases now. My average price is below 3.

The very simple question is why people with no shares care what I do and why you follow a share and bag out CEO because he isn't running to your imaginary timeline.

Yawn...... it really is boring check back in a couple of weeks

People who invest do so on fundamentals. This share is dramatically undervalued and will provide significant share price appreciation to those that ride the bumps into production and or a takeover at a big premium.

Have a good weekend. One day closer to production.

That was my buy. 😉

Thanks Karen!

Soon means soon. No one other than Mike and the board know, so relax. We all know we will be an oil producer shortly so if it's tomorrow or a month in the big picture it's irrelevant .

Looking forward to an update shortly

Good luck everyone, it's been a journey

Cheers

H1 will only be 300 to 500 barrels a day but with 10 wells and oil price it's significant revenue

Mate its easy to sit on the sideline and grandstand after the announcement. Mike is going a fantastic job we are about to become an oil producer in a matter of weeks months so perhaps pull your head in and have a think about how big an achievement that is.

It's been a rough ride for shareholders but you are not investing in Shell.

Drilling V1 was a company maker. If this RNS said oil show he was the hero. It's frontier exploration IN PARALLEL to putting our discovery on production balancing exploration with production is a risk but thays where future exponential growth in the share price comes from.

This was always a low COS but it was well worth a punt with a proven oil system. You now go back and look at the data and perhaps thay throws up another target outside that trap.

We are licensed to exploit oil from our discovery. That is a company making outcome.

Look forward to a 10 well deal with DQE at their cost and we are off to the races

Well done Mike Buck. Took a while but you got it done.

Cheers

Haha nice try.....

How's you day job as a MM going?

Can't get enough shares , you are not having mine.

Haha wait for it, MMs will be trying hard to load up. Normally end of session the fireworks start and then 2 or three trading extensions.

You can't argue with one of the largest possible onshore discoveries in the world should we be lucky enough for it to hit oil. We know there is an active petroleum system

Best of luck to the long term holders, this has been a long while in the making. Absolute company changer if it hits the motherload.

Good luck matadors

Hi AI, not a ramper mate. I funded the some of the seed capital for Matad before you were trading.

It's an exciting time and multiple news flows incoming.

Unlike you, i don't spend much time on boards pretending I know everything. I live my life and have an actual job.

I invest in companies to make a significant return on my capital. In fact I don't really post very often unless I see pests and people with no shares making ridiculous statements.

I had an old account on LSE but this is my new one. Nothing unusual about that.

I am here for the long term and I think you should think about buying some shares here, as whilst on the more speculative end of a portfolio the risk reward is incredible.

Good.luck mate , I hope you can buy a few shares so you can get some of the massive appreciation in the share price which is coming regardless of those on this board.

Cheers

Southy / Oilstraliamate

I am not quite sure (other than the usual derampers) why there is an issue with drilling Velociraptor whilst waiting for the Special license to be issued.

At the end of the day there will be some short term spike in the share price when the well is spud shortly. We have a 20 to 25 percent chance of hitting oil which is impressive, but still a wild cat drill. This ridiculous talk of stopping the well is farcical. The Velocitaptor site is approved and ready to go in the unlikely event that we strike the mother load, production and exploitation will not be an issue.

The Special licence will be issued at some point in the next few days, weeks, a month. There is absolutely nothing showing this won't happen and the timing is annoying but really doesn't make any difference to investors.

So in short it's my view that this will be the timing

V1 spud about w/c 19th June

HERON approval before 30th June

V1 Target depth early July

V1 Testing if successful mid July

HERON production commences mid July and HERON 2,3,4 drilling scheduled with DQE

V2 early August

V2 testing late August

The rest is history

Good luck actual holders. What a great time to be a shareholder in this amazing next 6 months

Hoping for V1 success and that will be something incredible to be a part of.

Cheers