"Oleg makhno - contact is Oleg and he used to work with Barskiys when at west Siberian resources and then Alliance Oil, Oleg is( I say this lightly) Sole owner of Fire East, so both have a good track record.
he did say he had looked at the data and the deal is worth around 120-160. btw I hold"
You have issues!! Sort them because you are boring. Ultra punch please continue to post here at least your posts are factual and not rubbish from someone that pretends to know anything about share dealing. I have strangely enjoyed being in this share with its ups and downs over the past few years and I have enjoyed reading this board (but have never posted).........
Maxim and Team Matra for working so hard in developing this prospect thus far - you're showing yourselves to be very astute and professional in the way and manner that you have quietly got on with the job and kept a tight rein on any kind of loose talk escaping from the camp.
Once again you make a complete tit of yourself with a pathetic post towards someone who is stating some facts that might help people out. Do us a favour and take a break from here for a week or maybe a month will you !!
My reading of present situation thus far after phase 1&2 chaps .
Matra had purchased 11m barrels of absolutely unrisky and very shallow reserves with absurdly low OPEX and CAPEX for less than $10m ( less than $1/barrel of 2P ) . Finally and most importantly due to US market multiples and conditions it is worth more than $ 100m.
Surely not - you say . Check the figures yourselves folks .
Will go through after careful DD as in phase one and two- thus far . Assuming no problems after DD phase three twill proceed . If problems then phase three will not - which protects Matra and us shareholders So win win situation
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