Petro Matad Share Chat (MATD)

and test the 5p level once more
just my opinion
(call it a gut feeling)

He he ojay - and here is me thinking I was in with the in crowd he he - look face - bothered ? Ha ha
Thing is ojay I think this will turn good next year ho ho he - have said me opinion on news and funding he he - but next year here will be a good one I think he he ha. And I will load up at some point along the way he he - shirley now matd have found a discovery all will be good next year will be a v good year here - did not realise my he he ha ha got to you so much. He he - tell you what i'll post less in future ha ha - let you serious guys talk seriously together he he ha. Gl

although I find your contributions display at least some degree of entertainment value I also notice that your popularity on this bb is continously dwindling. You will defo have to work on that. Your current posting concept isn't exactly bound for glory is it? Is there anything else you can come up with?

He he jealously ... he ho he. Lol

Of course you did Duster!

If you think anyone thinks you're a serious investor, with all your he he he and emoji comments, you must be even more stupid than we thought!

Each to their own captain he he he - but I pulled out of ukog after making many £k there - so I will never disrespect a company that has made me so much wonga - same as alba made £100k there when it hit its high - so I not like mike for instance where he has made good money from bloe and then constantly knocks the company he he he ha
So gl ha he ha

He wont post here again until he's reinvested.

Now where have we heard that before? Oh yes, he said it 2 days ago. Captainlyingscum!

That's the flipside with jumping around dufferent stocks, looking for the better deal - you can have your pants pulled down around your ankles, as Capt Stanley's alternative investment is doing.

Having said that, he has every right to do with his funds / investments as he pleases, albeit may be more appropriate to post incessantly on one you currently hold rather than one you've exited out of.

PetroMatad are very well positioned now that we have a bina fide asset in Heron1.

Atb & have a good evening

Capt'n: I for one am totally uninterested in UKOG issues. Would you therefore please post your messages where they belong?

4-hour technical now BUY

https://uk.tradingview.com/symbols/LSE-MATD/technicals/

Florida: Absolutely brilliant post! Where have you been all this time? Good to have you on this board!

It’s very good to have posts from people like Proselenes and Florida who really seem to know what they’re talking about(as opposed to some halfwits on this board spouting garbage).Also I have huge faith in Mick Buck,Very measured rns’s no bull——

Excellent post at 15:23 'florida' - puts the situation across very rationally and well worth a read.

Atb

SP currently
4.302 - 4.380
sells 5.5m and buys 3m
so MM picking up shares cheap
to sell higher

Re the latest pullback - don't forget that MMs might not hold enough quantities of a stock to cover a sudden rapid move upward - yet they have to make a market. As demand slows near the top they may widen the spread to deter further buyers, and then start to drop the bid and ask in order to trigger selling so that they can then purchase stock to cover their short position on the stock. a ' tree shake ' is all about spooking private investors into selling their shares. Hence spikes are always followed by pullbacks. On the way up the spread narrows, due to demand and competition between MMs, and at the top and during the pullback it widens in order to put off buyers, and to shake out sellers. Don't forget too that MMs read these kinds of forums....

Too many people wasting far too much time arguing the toss with those with an opposing view, concentrate on the facts.

Fact one - Company value
Back in January when oil prices were much the same as they are today Mike Buck stated that a 15 million barrel strike would raise the market cap to £72m. That sets a share price of around 11p. On that basis, a 25 million barrel strike has a market cap of £125m, raising the share price to 18p. Now as we are going purely on basic facts we cannot assume that any of these figures are conservative, however, we can know for sure that we have as yet a tested and proven oil baring zone of 12 metres (DST2) and an untested oil baring zone of 70 metres (DST1), the latter of which could be artificially pumped to produce a commercial success. These zones are presently being analysed and results could be with us very soon.

Fact two - Placing
A Placing may be the simplest form of borrowing but the sacrifice of share value is sometimes too great, especially to a company in this position. Now, having reached commercial success with a successful strike in hand they are likely to be seen as a lesser risk by banks and financial institutions. As such, a draw down facility would be imv be a preferred option. That way the company is only devalued when the draw down is used. There intention would be to place six wells within 50 to 100 metres around Heron-1 in order to create the potential to produce 4,900 bpd. They can then run at that rate or choke back to 1,200 bpd to increase the total resource recovery, which in turn would lengthen the lifespan of the well and increase the total overall recoverable resource from 25mb (15%) to 41.25mb (25%), this in turn again increases the share price to 26.4p. Choking back increase the market capitalisation, not as otherwise stated. At £2m per well (Mike Bucks re-conning) they would need £12m to manifest the full recoverable value of six wells. A draw down is usually charged at around 7/9% interest and easily paid back within the first six months. If the wells are artificially pumped, these figures could be significantly enhanced.

Fact three - commercial sell-ability
Petrovis is by far the largest petro-chemical transporter and supplier in Mongolia and the CEO of Petrovis is Enkhmaa Davaanyam who is also Chairman of MATD and incidentally head of operations in Mongolia for Macquarie Capital financial advisers (very useful for a Draw Down). So we not only have direct and first hand communication with Mongolias largest transportation infrastructure, we also have first hand inroads to financial solutions. In terms of leverage, this must to some degree give Mike Buck an extreme negotiating advantage and to that extent successful negotiations with Petro China are merely a formality imv with a very nice surprise in the coming months.

I know I'm gonna get verbally killed for saying this but I've read somewhere Davaanyam is or was also connected to Petro China but can't find the link

Like your little word change there :-)) did you know it's Mongolian for human, sorry couldn't resist. GLA

Dusterhater,

You could get both Exploitation Licence and Petrochina farm-in news.

Things seem to be at advanced stage...you never know.

Mike Buck now seems to have got better handle on how things get done in Mongolia...so looking and planning things ahead accordingly...

Ho Ho Ho or is it he he he......LoL

IMHO; Think this might drift down. Maybe a good buy post potential fund raise or asset deal (if required)

Broker forecasts should get higher as things progress.

As they know they can sell them on - at much higher prices - imho

I think this will become a common theme ( people selling ) - as they put their funds elsewhere as cant see as there will be much share price enhancing news here for some time - I guess they want to take their profits and not let them be eroded over a quiet period .? plenty to look forward to here if we get a deal to deliver oil through petro china infrastructure - ha he - but if not then it could be looking a bit worrying here - ho ho so fingers crossed all comes good

26p - £10.....beyond any specific figures, that is the crux of it though and why certain people supposedly 'negative' on the stock, are still hanging about and so persistent in their efforts - relentless you could say.

The concensus is that the share price will be very significantly north of current levels by a high multiple - we already have a good asset now already, a route to rapid commercialization with the associated revenue stream.....and the highly probable, imo, partnership with PeteoChina.

It may be worth ignoring the 'noise' and focusing on the concensus of that multiple price appreciation we can reasonably expect - the rest is just those desperate to shave off a bit for a re-entry, looking to manipulate sentiment to facillitate those aims.

This one isn't hype anymore, it's substance now that we have Heron1 in the bag - it may help to view it from that perspective, rather than anyones selfish agenda in relentless posting as a non-holder.

Atb & have a clear sighted day

See sellers making any or little profit & 4.40p

I would just like it to behave like a normal share. The relentless trickle sells are a tad annoying to say the least. You would think the RNS said Heron was dry and the BoD were all wiped out in some disaster. Come on guys have a little patience . Still it is AIM. Onwards......