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Share Views: Mike van Dulken on today's Company Results and Macro considerations


Petro Matad Share Chat (MATD)



Share Price: 8.875Bid: 8.50Ask: 9.25Change: 0.00 (0.00%)No Movement on Petro Matad
Spread: 0.75Spread as %: 8.82%Open: 8.875High: 8.875Low: 8.50Yesterday’s Close: 8.875


Share Discussion for Petro Matad


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D1nger
Posts: 952
Off Topic
Opinion:No Opinion
Price:8.875
View Thread (2)
RE: Hellyeah
Today 22:28
Spot on Simon. We seem to have lost focus on what Matd is all about.

This time last year we needed positive survey results and money, we got both.

Then it was would Matd drill? Well they are.

We need a farm out to move the company forward and everything so far suggests that a farm out will happen due to the bids received and declared continued interest.

In my opinion, it is no coincidence that Sinopec is the drilling partner. I believe that Sinopec must be involved in the farm out process as the drilling contract should have been a relatively easy process to complete considering that 3 of the 4 companies identified submitted suitable bids for the drilling contract.

The current situation will become irrelevant and the shares issued so far and in future will be easily absorbed by the market if matd strike oil.

So it becomes a question of whether you trade or hold because post September - November we will all have an answer.

It's always been about the oil.

GLA
 
simonpartridge1
Posts: 60
Off Topic
Opinion:No Opinion
Price:8.625
View Thread (6)
Hellyeah
Today 14:51
We might as yet have nothing.Every long term holder knows this.However we might hit massive reserves of oil,next to China,on land.No worries about getting it out of the sea.If we hit the upper end of projections this could be one of the biggest companies in the world.Nobody knows as yet but the possibilities are there.Lets hope
Hawkspear
Posts: 549
Off Topic
Opinion:Strong Buy
Price:8.625
RE:Matd
Today 13:43
Thank you Sandyboy for your comments. Good luck to all Matd holders!
hellyeah
Posts: 859
Off Topic
Opinion:No Opinion
Price:8.625
RE: Matd
Today 13:08
Mr P - I dont think you understand UKOG vs. MATD diff.

UKOG has already drilled and found 5 naturally fractured zones throughout. Samples are seeping oil. Their CEO is world renowned Geologist who has bag loads of experience and he has multiple times said UKOG has 'National Significance'. UKOG also hold multiple other licenses so once BB is done there is more to come.

MATD has f all yet. All they have licenses which may or may not come good.

Over and out.
Sandyboy999
Posts: 127
Off Topic
Opinion:No Opinion
Price:8.75
View Thread (2)
RE: Matd placing
Today 10:34
Poor logic there not so ProTr !!

Like others on here not invested but hanging around like bad smell .... I wonder why
ProTr.Amr.H
Posts: 1,051
Off Topic
Opinion:No Opinion
Price:8.75
Matd placing
Today 10:08
Today kenv did a placing at 6p, and sp almost dropped to 6p, usually sp drop to placing price even sub placing price. Knowing that Bergen is involved and placing is at 7p, expect SP to follow it and stay there for couple of weeks until placing shares are cleared.
Sandyboy999
Posts: 127
Off Topic
Opinion:No Opinion
Price:8.875
RE: RE:Matd
Wed 21:57
Well done Hawkspear

Positive RNS on farm out and I'm sure you'll get your wish. Good luck whatever !
Hawkspear
Posts: 549
Off Topic
Opinion:Strong Buy
Price:8.875
RE:Matd
Wed 18:52
Just need Matd to do something similar that should top off the week.
Hawkspear
Posts: 549
Off Topic
Opinion:Strong Buy
Price:8.875
RE:Matd
Wed 18:50
Good evening everyone, how are you Mr p, had a stonking day today Prem up nearly 104% REM up nearly 20% and a 16/1 winner on the horses. Doesn't get much better does it?
CaptainStanley
Posts: 331
Off Topic
Opinion:No Opinion
Price:8.875
RE: Matd
Wed 18:05
Fair enough Mr P. I might regret my gung-ho attitude tomorrow at 8am but I doubt it'll go down to my purchase price. After years of flitting from here to there I just thought 'bugger it' it's all in and all or nothing. I've a good pension and earn more than I deserve so lets roll the dice and see what happens.

I did think about cutting and pasting your post back to you but changing UKOG to MATAD all the way through!

Good luck.




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