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Spot on Ojay - totally agree - MB has stated publically what his thoughts and aims are - we now wait and see - thats all we can do - have waited and have been patient so another few months is nothing to the potential that is there
According to Mike Buck's public statements: He is against further SP dilution via placements. However, he has said that a partial placement COULD be necessary. I wish this bickering about the possibility of a placement could finally end. The management has made a statement and consequently, the investors and the posters on this board's role is nothing more than to wait and see. Let's PM's management do their job. If any investor should distrust the current management's abilities to handle the situation in the company's interest then I recommend you bail out.
CS stop scouting round the issue that i and many others have picked you up on - yes not just me - DON'T ACT ALL THE INNOCENT you know full well the reason why you are being picked up on your posts - as i have mentioned previously you use a clever, sly and devious way of trying to put your point across - and CONVENIENTLY miss out parts of MB's presentations/shareholders meeting comments to suit your OWN AGENDA - CS IN DERAMP MODE AGAIN !!!
CS you can spout on what you like - as i said i am neither ramping or deramping - what i am saying yes everybody has their own point of view - i have mine and don't need to share on here thats my choice but with you, you conveniently select what bits of info you post in here dependant on whether you are in or out - as you have confirmed you are out and now your posts are always negative - you purposely miss out positive info/news on this share to suit your own agenda - pointless trying to make excuses YOU ARE IN DERAMP MODE - as i have said you are seriously a sly and devious person - sad
He's coming from a different angle now - its all placing, placing, placing. CAPTAIN STANLEY IN DERAMP MODE AGAIN - don't even bother trying to attempt to discuss - you are conveniently missing funding options MB stated - go away and come back next year - devious and sly as usual
I will say this.....Captain Sparrow is defo providing lots of entertainment during this quiet period.
However when this comes out of Hibernation, we don't know, but my own guess is Jan next year could see a fast shift in momentum here Or sooner if Exploitation licence comes in early. Either way anticipation of what is ahead of us next year, should provide a spark that is needed to get this show back on track.
Easy pickings for market movers with no news on extension, production licence or funding and season over, this share gonna take 6-9month patience.. if not till 2021 till matures nicely I hope:) and calculated small steps in coming months untill we on tap at first well on herron, I just hope we squeeze in raptor and phoenix with our extra 4 herron wells.. all in 2020 season
All will become clear. Petro Matad is not for the feint-hearted Not a quick short-term bonanza. Try medium to long-term. It is being manipulated. Let all that hype wash ever you, Life your life and be happy.
Good Lord – I turn away for a few days and when I come back, Jack Sparrow has been back and what’s more up to his usual tricks. I thought he had promised to sail his pirate ship elsewhere? Why, oh why? It cannot be his usual de-ramping trickery, unless he is that desperate to want to try to squeeze a few miserable points of a p out of the depressed share price. But why? I suspect he possesses a narcissistic personality disorder. If you look it up on Google you will find the nine traits that fit his modus operandi exactly. Dozzawba comes close, calling his posts sly and nasty. But JAdams nails it when he describes his posts as slanted and selective. His reply was masterful and complete and Jack didn’t like it one bit. Providentially, it seems people are waking up to him. Bleating about only posting “an accurate summary of the CEO's last investor presentation” is typical. His so called accurate summary was called out by JAdams for what it was. One-sided and incomplete. It was incomplete to the point of embarrassment, Jack (I’ve cashiered you). You cherry picked to support your narrative and predictions. As you always do. Then he pens clever protests to those who call him out up or do not agree with his conclusions (dear old OJ got a mouthful). Petro Matad face a lot of uncertainty at the moment. Mike Buck has many challenges to face, not the least of which are those pointed out by GKhan, Manro and Spanish. Luckily it now has a sound asset base with which to move forward. As a serious shareholder I wish him and his Board well and I will not spend time trying to double guess and either scare or reassure people as they go about their task. One bright spot is that I am sure they get comic relief during this busy time when they read your predictive rubbish, Jack.
There’s no point arguing the toss here. If you are a LTH waiting for the end game, a drop in the SP till the new drilling season is an opportunity to top up and possibly average down. If you are a trader who sees an opportunity here you will have your entry point already mapped out and no amount of deramping should affect the SP significantly from here. I was a holder from 7.07p, down to the 2’s sold up at about 7.50. I was expecting it to go into the mid to low 1p’s for a top up but that never happened, 2p was around the low and then the drilling presentation saw the SP rise. Personally, my next move will be to wait this out till late January, assess the SP then and if it’s in the low 2’s or lower pile in for an easy few bags, probably topslicing my original investment to de risk my full holding from there.