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:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
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 and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. 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.
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?
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
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.
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——
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
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.
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......