The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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And so the de-ramping begins....
It doesn't matter what the oil price is/ will be. MATD is not oil producer and apparently will not be for the time being.
1. MATD still needs local authorities permission!
2. MATD hasn't managed to get contractors on board yet after months of supposed 'advance talks'
Guys get the facts right and stops dreaming.
Have a lovely day guys.
Thought as much.... nevermind
It's from 2019
Cant open that link...what date was that issued?
Hi,The sellers @.045p are maybe hoping that the price will drop again(as it has done in the past on selling) and they then hope to buy back in at a lower price maybe(.026p) and recycle again when the price goes up ,so on ,so on......However this time there is more belief and action in MATD so the sells at 0.045p will dry up as there are no holders of the share left below this price who want to sell...Maybe the process will start over again @ .045p the (low buy price)and .065p the (high sell price) ...However this is only moving the share in the right direct ...my opinion only.
Hi,The sellers @.045p are maybe hoping that the price will drop again(as it has done in the past on selling) and they then hope to buy back in at a lower price maybe(.026p) and recycle again when the price goes up ,so on ,so on......However this time there is more belief and action in MATD so the sells at 0.045p will dry up as there are no holders of the share left below this price who want to sell...Maybe the process will start over again @ .045p the (low buy price)and .065p the (high sell price) ...However this is only moving the share in the right direct ...my opinion only.
Might force MB to issue RNS earlier than planned!
12.58 - hamm67. Thanks
Misleading appologies did not read closely enough this is upstream and not DQE but still interesting.
https://www.upstreamonline.com/online/petro-matad-secures-rigs-for-mongolian-campaign/2-1-58894
I just wanted to look up DQE as it keeps coming up now and it appears with good reason. They have it on their website that we are using two rigs for our drilling campaign.
This is not our news this is their news and top of it by looks of it.
Wow.....Brent over +$113 / bbl
And our trucking costs from Heron only $8/bbl
Was stuck in a boring meeting. Need to grab few.
DQE’s proposal and Farm in talks got my investment here. This should be a great year for MATD
Brent @ 113.68.... mental
Been out for few hours... surprised to see this not knocking on the door of 5p.. i see some profit takers happy with a few % here and there i guess.. person ally I'm waiting for a multibagger in a few months! ;-)
Aspers, you’ll find Hamm67’s post useful.
‘ Approved plan of development by Mongolian government has Petro Matad coming on stream 2022’
All the best.
Jont………I think you will find the market may not like “as long as it takes”
That's an excellent avg you have there and yes, MATD is a do or die share I guess, so you're in the right frame of mind there after 2 divorces! Haha
I swear down I can just buy them quite easily. I bought a small amount more last week when they dropped a lot.
Yes 15-20p would be great. I'd still be interested in keeping some for the long term as in a year once they are hopefully fully operational then the price may move up even more. Most likely be a big spike like you said though, I'd have to take some profit then as well I think. Yes, this is definitely not a share for the faint hearted!
It takes strong nerves and lots of patience to be a Matador!
Hopefully we will be rewarded soon.
Investor Meet Presentation https://m.youtube.com/watch?v=0covqU8EQYY
Worth listening from 45:15min+ stating
"Approved plan of development by Mongolian government has Petro Matad coming on stream 2022".
Also on 57:49min+ talking about asset booked in the balance sheet which likely to be early as 2022
Confident of recoverable 33+ towards 60mb in Heron -1
I'm new to this share and am thinking of investing but haven't researched greatly.
On the subject of access to land, have there been any problems getting access in the past? Is this normal procedure or new because of covid restrictions?
Advice would be appreciated.
It depends what you mean by soon.
I can wait as long as it takes.
There seems to be a lot of folk on here assuming Heron production will come on line soon. If it doesn’t what price then will we see? I am still hanging on for my 3p top up.
One of those at 4.65 was mine and yes it was a buy.
Been in MATD twice previously and didn’t go as well as I had hoped.
Different beast this time around !
Terrier
Agree. Shocking 88e MCap at £428m and around 16 Billion shares in issue !!!!
MATD...Mcap £41m and only 898.5m shares
23% of which owned by Petrovis
% directors - have not check how much they got.
No wonder MATD moves higher with even slight buying pressure.
i was referring to the trades at 4.65p. Buys for sure.