London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Jodo
There was only £500 worth available towards the end. If you were unable to get a Buy quote for an hour that would suggest to me MMs must have been busy trying to fill a big Buy order.
I’m seeing 3.90p as the support, which is where the SP ended today.
Looking forward to next week.
//Horsers
I asked Mike Buck 2 direct questions.//
Presumably your qus will; be public if he deigns to take them - what are they?
Horsers
I asked Mike Buck 2 direct questions.
If we get even a hint on 8th March, Q and A session, then we should all be well and truly sorted for 2022 and beyond.
Sticky fingers hold most of these
I can't get a buy at the offer price for the past hour.
Anybody else?
Grogers
Nice summary. Agree 100%
//Be interesting if we get an RNS Monday morn... the day before the presentation... That will catch a few with their pants down! ;-)//
Is there no end to your fantasies?
Be interesting if we get an RNS Monday morn... the day before the presentation... That will catch a few with their pants down! ;-)
Having a cup of coffee with a spare few minutes so just sharing my thoughts.
With everything going on in the world at the moment it is no surprise that the market is volatile and we are seeing red days across the board, however, the sell off this morning (bouncing back now) just seemed crazy to me when we are so close to Q2 and have a CEO presentation next week which will clarify and give further details on the information provided in the last RNS.
How Matad at this stage can be valued at less than 40 million is beyond me but I’m happy to take advantage of the low SP when I can.
Matad’s highlights currently are:
Proven flow tested oil strike.
Exploitation licence granted.
Fully funded for 2022 drilling program. (in advanced negotiations with drill contactor for Q2 start)
Been approached by major oil company offering to help with drilling program (urgent negotiations ongoing for possible Q2 operations)
Compare that to a company like 88e who have never found a drop of commercial oil, dilute share holder value on a regular basis and have market cap of over 400 million!
Matad really is due a fair valuation from the market.
All the above IMHO/DYOR
Pray tell Mister P
I just posted 2 questions for Mike Buck.
Ibiza can't disagree with anything you have said. Very well stated
DQE staff are already operating in Block 19.
With DQE looking to get on board our Block XX, they would be drilling lot more wells at Heron Oil field in DOUBLE quick time.
MATD could very easily drill Velociraptor also this year with DQE rigs just like we did at Wild Horse and Snow Leopard. 3 raptor targets with 600Mmbo.
I have seen and been through one of these before just before a big event and all it was a re-hash of what we already knew nothing new and it felt like a pitch to big institutional buyers rather than one aimed at us. If you are expecting anything new then i would doubt you will get it. As i understand it, and i stand to be corrected, any price sensitive information has to be announced through a RNS and not through a shareholders presentation. So if there is anything happened with DQE it will be in an RNS on Tuesday morning for it to be shareholder presentation on Tuesday evening. Alternatively a RNS on Wednesday morning means nothing new on Tuesday evening. So i think the presentation will be to just try and clarify previous RNS which was to put it politely a bit of a mess. A kind of not seeing the wood for the trees. Personally i think MB should get himself someone else to write his RNS's this is not the first that has caused problems. I think DQE will be mentioned as in last RNS but not much more than that unless deal is announced in an RNS earlier. So Talks are on going will be the phrase used or something similar. I would suggest talks have broken down would be price sensitive so would have to be via RNS first. The men who work the markets on here can clarify this better than i am stating it probably.
is highly attractive and win / win for both MATD and Petrochina. DQE will be paying us.
Gekko fella keeps spouting placing ???
We have NOT even used the $10m in the bank yet.
Placing for What????
The fat cats will be picking these up at a discount before it bounces up again Monday!
Someone wants in.
Will not be surprised if more Big buys get reported late. Few other Big buys also
Big seller today. Just mopped up 205,000 @ 3.65
bargain bucket territory again my buy poorly timed yesterday yet another small top up of 24k of share at 3.68. Now fully overweight in this stock!
Another 137479 for me at 3.63, cannot waste a great buying opportunity.
IMHO/DYOR
I would say more likely due to jittery market on the whole
Price action suggests Placing on the way , watch out guys
Same with me, bigbench, most of my watchlist is red.