⚠️ WARNING ⚠️
Pump and dump
This company operates on fund raising
Loyal shareholders have lost their shirts
£174 million spent
£0 revenue
How embarrassing
The CEO should be investigated, all in my opinion of course |
Yep blocked. |
 ⚠️Ϝ8;️⚠5039; PLACING ⚠️Ϝ8;️⚠5039; INCOMING ⚠️Ϝ8;️⚠5039;
The MATD CEO quite rightly prefers straight equity raises to minimise debt.
Both the bulls and bears have merit at this stage as the long term prospects are good but the here and now is that MATD needs to raise funds to enable those future long term prospects.
At best MATD will have $1.6m at the end of Q1/25 if they do not manage to sell and get paid for the oil in store prior to that date. If they do manage to get paid then they will have at best $2.8m at the end of Q1/25.
That is not enough for the CEO to move the company forward in 2025.
Therefore a raise is almost certain, whether that is by the issue of shares to Petrovic for a greater share of the company or by a placing on the open market.
If it is a placing on the open market then it would be essential (MB's words in the last presentation) for the CEO and Petrovic to take part. That raise may or may not be at a discount to the prevailing share price at the time - dependant how the CEO sells the future prospects of MATD.
Placings are reality at this stage and a reality of AIM.
A placing may be bad for the short term share price but can be good foe the long term market cap. Short term pain for long term gain.
The Mongolian Government will not imo provide funds - that is what the PSC is for, foreign investment in the oil fields with the MG taking their share of the profits. The MG are not concerned in the number of share is issue, only that MATD can raise funds to invest in Mongolia.
I note that Resolution 4 of the forthcoming AGM is for the BoD to allot a further $6.4m of new shares.
Again imho those shares will be issued in 2025.
Short term pain for long term pain.
Can we stop all the childish name calling please |
What has the company achieved over the years in Mongolia?
200bopd with the well still having issues
Absolutely £0 revenue received into the MATD bank
£15 million quid needed for upcoming operations
MASSIVE PLACING! |
Reddit Rumour @ OBD
A leaked email on Reddit showing communication between OBDs CEO Ross, & the Romanian Health minister. The emails reveal 3 more contracts have been signed in Romania. It also confirms 2 new contracts in Spain have also been lined up.... The 3 Romanian contracts will be announced early next week.
The news of how big the RNS regarding OBDs cancer test success, seems to have been overlooked by the markets. In the RNS the CEO states;
▪︎"Discussions are underway with potential partners to bring this potentially evolutionary test to clinical practice."
He gives that massive "nod" to the market in the 5th RNS!!
RNS from 05/02 [3 main highlights]
▪︎ Results of multi-institutional clinical study published in peerx reviewed journal 'Cancers' confirms efficacy of Oxford BioDynamics' EpiSwitch® blood-based Colorectal No-Stool Test (NST)
▪︎ High accuracy of detection reported at 81% for early cancer stages and 82% for non-cancerous polyps
▪︎ Discussions are underway with potential partners to bring this potentially evolutionary test to clinical practice
12/02 RNS;
"Oxford BioDynamics partners with Regina Maria to offer EpiSwitch clinical tests in Romania
Regina Maria is Romania's largest private healthcare provider, serving 5 million patients
OBD's EpiSwitch PSE and CiRT tests will be available to physicians and patients in Romania as part of Regina Maria's oncology portfolio"
Good iuck and it all looks good |
Tel, he's a shorter and not a very good one at that. Be's just trying to spread fear. Look at his other posts all very similar. .It's cold over there tomorrow around 08:00 is going to be minus 22 degrees. They can't do modifications at that temp. Nor will they make announcements at an AGM it will be via an RNS..He's probably the same idiot posting on LSM as well. . |
Indian gold is stock in repeat as they simply cannot come up with any sensible posts. Just dribble.Read the company's RNS. There is production, there is revenue and once winter is over there will be a strong increase in both the above. Once the Heron field is developed we could be looking at many multiples of the 800 bopd we achieved testing Heron 1. Patience is needed, I have worked in china for 30 years, and I can categorically tell you it takes an age to get thru the layers of bureaucracy, Mongolia is no different. It is doable, you can get thru as a westerner, just takes time. |
Useless board of directors.
All they have done since listing is raising funds.
£174 millions of PI money wasted on failed exploration campaigns
£0 revenue
They had over 10 years in Mongolia to get this right but hasn't |
Placing is coming hard and fast |
Then why is there a mass sell? |
Hamm posted this on LSE which was interesting..Price: 1.375Strong BuyRE: Watch the spaceToday 09:34A joint venture between Petro Matad and the Mongol Refinery in exploration and exploitation activities in Mongolia holds significant promise, especially considering the substantial support from the Mongolian government. This collaboration is poised to yield several positive outcomes:By combining Petro Matad's expertise in oil exploration with the Mongol Refinery's processing capabilities, the joint venture can streamline operations, reduce costs, and improve overall efficiency. This integration would facilitate better resource allocation and utilization, leading to increased productivity.The partnership would boost domestic oil production, decreasing reliance on imported refined products and enhancing Mongolia's energy security. Additionally, it would generate employment opportunities in both upstream and downstream sectors, contributing to economic development.Leveraging each other's technological advancements and best practices would lead to improved exploration techniques and refining processes. Joint ventures often foster innovation, potentially leading to the development of new technologies and methodologies in the oil and gas industry.A combined entity would strengthen its position in the market, enabling better negotiation power and access to larger projects. Engaging in both exploration and refining would diversify the business portfolio, reducing risks associated with market fluctuations.The Mongolian government's commitment to enhancing the country's energy infrastructure further bolsters the feasibility of this joint venture. For instance, the government has been actively involved in projects like the DornodSainshand Oil Pipeline, which aims to transport crude oil from the Dornod oil field to the Sainshand refinery, underscoring its dedication to strengthening domestic energy supply lines.The joint venture would expedite drilling operations at the Heron field, facilitating a faster transition from exploration to production. This acceleration would enable Petro Matad to generate revenue more promptly, enhancing cash flow and supporting further development initiatives. Notably, the Heron-1 well achieved initial production rates of over 800 barrels of oil per day, indicating the field's significant potential.In summary, a joint venture between Petro Matad and the Mongol Refinery, supported by the Mongolian government, would not only enhance operational efficiencies and economic growth but also contribute to technological advancements, strategic market positioning, and the accelerated development of key oil fields like Heron, benefiting both entities and Mongolia's energy sector as a whole |
AGM = placing incoming |
36 trades 4.6 m shares traded.1.8m buys 2.2m sells.Hardly warrants the drop clearly following market trends. .Regarding the post prior to this, have a look at the posters history since he came on here. .He is a paid basher, I doubt he's lost money here given what he is saying on other BB's. Pay no attention go with your own feelings rather than someone bashing the share who won't quantify his statements..We have oil, we are in production albeit the volume is choked back to 200 BPD from 800 due to pressure issues that need to be controlled. Read the last two RNS's rather than Private Frazer saying we're Doomed..Current temp in Mongolia is -36 degrees meaning the Well Head can't be modified yet..Only advice given is, DYOR and don't just listen to bashers. |
10 years in Mongolia
£174 millions wasted
£0 revenue
Shambles |
36 trades 4.6 m shares traded.1.8m buys 2.2m sells.Hardly warrants the drop clearly following market trends. .Regarding the post prior to this, have a look at the posters history since he came on here. .He is a paid basher, I doubt he's lost money here given what he is saying on other BB's. Pay no attention go with your own feelings rather than someone bashing the share who won't quantify his statements..We have oil, we are in production albeit the volume is choked back to 200 BPD from 800 due to pressure issues that need to be controlled. Read the last two RNS's rather than Private Frazer saying we're Doomed..Current temp in Mongolia is -36 degrees meaning the Well Head can't be modified yet..Only advice given is, DYOR and don't just listen to bashers. |
⚠️ ⚠️ Warning ⚠️ ⚠️
Highly speculative stock
Company have no revenue
A cash call is likely
Be careful who you listen to
Pump and dump crew all over this |
Yawn....... |
More like pump over
Normal service resumes |
Morning Zooman, back up to where we were. Shake out over, normal service resumes. |
No meat on bones = MATD
Constantly overspending money they don't have and transfering all the expense & distress onto shareholders |
Tel, I tried to get this troll to put some meat on the bones of is comments, but be wont. .You are clearly right about him or her, best put on ignore. |
Who cares about your stupid questions.
Fact is MATD has made fork all.
Also, MATD will be spending massive amounts of money they don't have. |
That's not really an answer to the question. .Now try talking adult speak and put some detail behind your comments. .If you don't have any details just say so. Quite happy then to add you to the ignore list as others are doing. .I'm trying to give you a chance to explain your thought process? If you can't I understand. :-) |
So Zooman, you will fund Matad? |
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