Back to MATD4 Feb 2025 08:34
My apologies to the board for engaging in a TitForTat with TenBagTag - it is difficult not to react when people give such baseless attacks on you. Anyway, I will not engage any further, so as not to fill the board with petty squabbles.
Back to MATD. I have posted below my thoughts from 1st Jan. I must admit, I was expecting the SP to push upwards from the 1.6p it was on the 6th Jan. It is disappointing and a touch concerning to see it at all-time-lows.
For the record:
I hope that Investor33 is correct with his assertion that the SP will rise towards the middle of the year.
I hope that Abzzba is correct that we will be 5p in June and 12p by the end of the year
I hope that Thornogson is correct that he, and therefore all of us loyal holders, will be rich this year or maybe next.
Also, hopefully, the Cooperation Agreement sign off won't be too long coming now that Chinese new year celebrations are done. It sounded like it would be February, but I do hate it when MB uses phrases like "we are pushing for" in his RNSs as this to me signifies that he's encountering roadblocks. Maybe it's just me reading too much into his wording...
I'm interested to hear the thoughts of genuine holders on how they see the year panning out. Especially those with a more positive stance. Are you still as positive as you were at the start of the year/in Oct/Nov? Do you have any concerns with the progress the company is making? As I said on Jan 1st, for me, I think a robust plan for 2025 can't come soon enough, to calm investors' nerves and increase positive sentiment.
ATB
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So, just for fun, here's how I see the year panning out:
Jan/Feb - Sign offs and hopefully news of the new PSCs and robust plan for 2025
March - News on renewables - although I'm not sure this will do much to the SP at this stage
April - H1 uplift to 500bopd, hopefully more. Fund raise - 300/400m shares, depending on what SP is doing.
May - H2 rectified. Hopefully this is not too expensive. Again, 500bopd would be nice
June to Oct - H3 and H4 drilled (hopefully without issues). Possible work on GOBI.
I'm setting my expectations at a year high of 3.4p, possibly dropping back to 3.2p at end of year.
Conservative? Yes, of course, but I thought I was being conservative at a 15p (IIRC) prediction last year when others were around the 30p mark - even 60p+... and we all know where the SP is now!!
3.2p would also represent a year rise of over 100%, so not bad by any standards. I do hope it gets a lot lot higher of course (the figures Progressive quote would be very nice) and by-golly we all deserve it.
Any one else care to have a stab at how our 2025 will look?