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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.
No the 4:58 are buys
Are they all sells though? Hmmmmm
Late reported large buys have just shown up from an hour ago which could explain it.
Amazed it is withstanding the rush of sells. Must be strong in the shadows?
Also analyst valuation of 29p / share is based on $60/bbl oil price.
Any which way we discount future cash flows,
Valuation is at Multiples of current low price. Upside here is very visible.
Bigbench
Yes. Bit surprised myself, but MATD as always does its own thing and jumps higher without warning.
Like in the past when this would move +20% higher each day 2-3 days in a row leaving most traders scratching their heads...LoL.
Both Operationally and Financially, we are in a good place with massive upside ahead.
The minute we see DQE coming onboard RNS watch this fly at speed. This would become unstoppable.
Prehaps a few more would buy if they didn't constantly show buys as sells because the shown spread is too great.
Back to day high! ;-)
Mr.P... to be honest I'm baffled we are not already in double figures.... considering where we are operationally to when we were cira 38p...its crazy.
I guess the market wants to see the oil flowing first!
Q2 starts in just 4 weeks.
With follow on updates on DQE proposal and Heron-1 oil production getting closer each day price could soon be in DOUBLE digits.
Looking forward to 8 March webinar presentation
I am hoping he has kept something up his sleeve. Could even drop a hint at the AGM tomorrow.
Doesn't matter if not once we start work on Heron and pulling the oil out this will be a boom!!!
Rather be in than out.
Hopefully it will be the catalyst to launch this to 7-8p
Terrier
Yes. With Brent storming higher, we could achieve higher price for Block XX.
A dig at Velociraptor this year could change the dynamics very strongly in our favour.
Call it blessing...but defo perfect time to bring Heron Oil to production this year after all the wait. Would be well worth it.
MATD is a must own stock in any portfolio for 2022 and beyond.
...another 5% and we are knocking at the door of 5p again.. have a feeling once through this time there will be no drifting back.
Excuse the spelling. G too close to H this time in the morning ! Lol.