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Lol glad you are using your time productively, you do realise paid derampers don’t exist its a term made up to dismiss any comments that are not super positive, good luck anyway sellers are in charge here at the moment
Lol professional de ramper? I’m a professional investor have been for many years and I know more about Matd than you I can assure you. How is it negative to ponder who the big sellers are? It’s far more plausible that it’s 6.5p placing shares been sold for a profit risk free, than the recent placing shares been flipped on masse for a loss. This selling has been going on for weeks not just the last few days, first you said it was shorters apparently closing out for a loss... if your here for the drill results in 60 days time the short term share price shouldn’t bother you, patience required
Nearly 6 months at 100% premium plus volume is how ! . What is your game is the question , why negative posters through out AIM 24 hrs a day 7 days a week usually working harder to destroy a company’s value than the honest invested who are trying to protect their investment . Where is your financial reward for your hard negative work coming from ? . Who pays the professional de rampers ?
How can you possibly state as fact that all the placing shares at 6.5p have been sold? You are a very misleading poster full of rubbish from what you have posted so far, oh and just so you know it didn’t just go to institutional investors brokers offered 30% allocation to their clients I.e private investors
The placing was 10p and sold out in under 24 hours to instertutional investors . The previous placing of 6.5p is well and truly flipped . All these funds are now funding a massive drilling campaign . So current investors are buying in cheaper than the city did . So people quoting 6.5p are not up to date and misleading ! .
BG farned into both Blocks IV and V after their own due diligence and technical evaluation, before Shell pulled BG out due to their global portfolio rationalisation.
They liked the outcrops and source rocks. So premature to call out Snow Leopard as a duster in my view.
In my personal view Snow Leopard is more significant as it is a deeper well, testing the deeper layers also and potentially that 2nd Petroleum system that they think exists in Mongolia in addition to testing that primary Petroleum source.
Agree. Currently nothing priced in for Snow Leopard. Success at Snow Leopard triggers the much awaited run up in price well ahead of Wild Horse. Punters waiting to get in for Wild Horse will end up paying a much bigger premium.
Farminee on standby would then also want in who told Mike already they are willing to pay lot more in success case. That further pushes price up.
Matad Shareholders have all the potential upside of Snow Leopard - without any risk to loss of capital. If SL hits Black Gold,great, if not, the mark down will be quickly bought up for the 480mb Wild Horse prospect and Wild Horse will definately spud at a higher price than today's- with no flippers to stifle the rise.So It's an Absolute No Brainer to be in for SL ! A rare opportunity has presented itself, shareholders get all the upside of a potential company changing drill,without the prospect of the usual heavy loss if it's a duster.
Tony baby you should definitely hold on and stay long. All indicators and buy signals are triggered now for a long term bullish period. Hold on to those golden shares. This will be into double figures, Mark my words. The name is @Rosolanor on twitter, follow the story unfolding on the success of NTOG. or just sell and move on. Ros . PS look at the charts, bulls are coming
Abzza..You are clearly an inexperienced newbie oil investor if you think that this will collapse from today's price...We have already had the big fall after the recent placing and now shareholders can look forward to a 'No risk' first drill at Snow Leopard.
This will definately be higher when Wild Horse Spud's- So being in for SL's an absolute No Brainer !
What price do you expect Matad to be trading at when the 100% owned potentially 480mb Spuds ?
I will say 12/15p minimum, bearing in mind that there will be no flippers to spoil that rise to Spud.
That's why the potentially company changing Snow Leopard is a No Lose (Free) Drill for Petro Matad Shareholders !
Fundraiser222, floated the idea that Snow Leopard could be a duster even before they Spud???
He sold a chunk earlier hoping the price stays low before he can buy back in lower ahead of Wild Horse Spud.
I say if any one or more of the 5 zones from Snow Leopard come good, then entry price for Wild Horse will become more and more expensive.
Gents, i am happy to wait see who is right & who is wrong, this share is going nowhere without news, no oil, no rise, 60 plus days to TD, only thing happening here is the unwary being reeled in to a share that will collapse in price maybe tomorrow maybe the day after, lets wait see who is right. Goodnight gents, sleep tight !!
The Fact is, Snow Leopard is a Free Drill for all Petro Matad Shareholders.Shareholders simply cannot lose on SL because the price will be higher than it is now after SL, regardless of whether it's hits Black Gold or not.
The immediate follow up drill at the 480mb Wild Horse will ensure a higher price.Any experienced oli Investor will know this.
ABZZBA,..Yesterday, You said it was certain to fall today.It didn't. You Sir, are scaremongering with the no news bullsh#t for cheaper entry. There Will Be No News Tomorrow.No one ( apart from you & fantasy fund) are expecting news tomorrow.
Please use some sophistication if you are trying to deramp for cheaper entry.
I have seen an RNS after 14 days of a 30 day drill but no way on a 70 day one. A leak is also probably to soon as well. However those 6.5p placees who are risk averse will need to be out soon and this added to the multiple layers on SL surely means the selling will dry up.
Those left in will be there to stay for the results those going want to get out in case of a duster. How long can they wait. Not much longer.
The really nervous time will be if it goes to the full 70 days as good news would surely come out from halfway to three quarters unless delays.