Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Yes mr Bad Prophet you post ALMOST 40 TIMES yesterday on share you do NOT EVEN OWN lol!!!
Very busy man yesterday on forum ;)
Misterpositive
Looking at those figures and seeing where our market cap stands today £54 million, it’s mind blowing what the sp could be in the future 🤩
Makes me more confused that we ain’t higher after the lp news 🤔
/ few here spreading false information on Fund raise//
Not "false information" not even just "information". We each have our own opinions & I happen to be of the opinion that there will be a further fund raise this year. Other opinions are available (accurate/reliable information often is not!).
NPV10 for 50MMBO recoverable Block XX is a stunning US$ +312 Million (at $60 oil price).
Peak production expected approx. 16,000 BOPD
NPV10 @ $60 OIL US$ 312 MILLION
NPV10 @ $70 OIL US$ 364 MILLION
NPV10 for 200MMBO recoverable in Block V is mouth watering US$ 1.72 Billion.
Velociraptor-1 is targeting 200MMBO recoverable.
Above is an extract of a slide from Company Presentation to investors few years back before HERON discovery.
Friday drop was a combination of traders taking profits which was expected and few here spreading false information on Fund raise !!! Which increased the drop further in afternoon.
We just raised recently and got plenty till July 24.
Oil sales from Heron-1 should raise plenty cash going forward to self fund multiple wells at Heron via DQE deal. I believe we looking at 14 wells. Could be more as surrounding prospects around HERON oil field also come online going forward.
We need to keep Block XX and Block V separate which is very important to understand valuation for HERON which will start Oil production soon.
Reason for drop? Very obvious I think but this is my opinion.
- Share price go up +45% on day market drop to lowest in year. Some money did stay out of market
- Bigger reason I think. People WANT share but gamble on V1 as duster so can pick up cheaper.
Think if people estimate multiple rise which Land Access did open up just with Block XX then can see big danger of this strategy.
If you already HOLD you still make multiple ROI. If you do NOT HOLD then danger of lock out from V1 oil show or hard rebound with buyer who come back in quickly.
Funny thing if no V1 drill then think price would be MUCH HIGHER lol.
Happy with my holding :)
Spud was the 13th June so this Thursday the 13th July is 30 days.
Going to be an interesting end to the month.
We ain’t drilling fresh air hopefully and the data will show something should there.
Oil shows and we should see a very good rise even though the fundamentals massively changed with the land permit RNs.
Massive rewards here short med/long term, ups & downs a long the way , just going to hold and let it play out gla and have a good weekend 👍
Gross sales/ revenue
That was just giving us some ideas.
If you consider half as profit which would be $1.5b.
What if the oil price goes up again!
Or
We have 10 Herons!
Or
V1,V2 hit oil!
Renewable etc etc.
What I was trying to say is that the current MC doesn't represent the real value of MATD.
Guys hold to your shares now that we LP secured. Rerate is on the way.
Enjoy your weekend.
Best,
Hamm
To calculate the P&L impact of H1 production and export to a refinery in NW China, we need to know the price of Russian crude delivered to NW China with which h Heron crude will have to be competitive, then deduct the trucking cost and a facilitation fee to PetroChina, then the impact of the PSC terms, specifically the 5% royalty and the Governments initial 40% production share.
I’m sure one of the more erudite members on here worked out we’ll get less than half the proceeds?
The RNS did say approx. 30 days to TD so could be earlier if all went well, or longer if they hit any problems; how much earlier or later only MB and the operator know so we will have to be patient for the news, hopefully oil and not dust.
I for one am praying it's oil.
Mmafr- it’s still being drilled till end of next week at earliest then results need analysis so another week at best after that.
I think it’ll be after 21st July before we hear about V1
Was 13 June so 30 days was Thursday give or take so will there be an Rns Monday ?, I'm hear till we are pumping regardless of V1 outcome.
You think PM will net $77 pb after costs & taxes? Dream on!
To me the only explanation for the drop is.shorting,
Let's say a stock is trading at £50 a share. You borrow 100 shares and sell them for £5,000. The price suddenly declines to £25 a share, at which point you purchase 100 shares to replace those you borrowed, netting £2,500. But if investors put a limit order at higher price their brokers can't let their shares to the shorters. Specially if there are lots of traders with stop loss orders.
I can't believe that MMs has an army of thousands of guys watching every shares/companies. Apart from not being legal it wouldn't be practical either.
Guys should think about fundamentals of MATD.
LP has been the most important factor which has been secured. MATD is now safe and soon have huge income.
As soon as H1 comes into production in a month max.
H1 let's say 1000 barrel of oil a day time $77= $77.000 a day x 365= $28,105,000 a year.
Then add H2 3, 4 5 etc.
Let's just have 5 HERON and each 1000boopd.
5000x$77= $140,525,000 a year income.
40,000,000 oil retrivable ÷ 5000= 8000 days
8000 days ÷ 365= 22 years income of oil just from 5 wells of proven oil.
40m of barrels of oil retrievable is $3,080 000,000.
Simple.
Hold tight to your golden shares.
Just like the LP approval, MB is keeping V1 close to his chest. For me, this is an extremely positive sign. Hold tight.
Yup, next Wednesday at the latest. Keep them fingers crossed!
GLA
12th will be a month 🙂
The fact that we didn't receive any PR regarding V1 after the stock market closed yesterday gives me hope that there are no negative news about it so far. Because typically, Friday after the market closes is the ideal time to release such negative PR. This means that at the moment, either there are no definitive results, or there are positive results that might be announced on Monday morning. There is still hope.
Not sure if the highest spread reached, but I’ve seen just over 11% in the last few days. But varies in minutes.
Now the main obstacle is out of the way ie LP we should be informed soon when the 2 week workover will begin at H1, there are still a few months left in this drilling season so hopefully get at least the workover for H1 done and spud H2, there are only a few more days until we find out if V1 has been successful or not and if it is then move on to spud V2, imo, that's when I believe the SP will start to show some appreciation. So I'm wondering will we get an operational update when the results are announced? Lots of news to come out way now so the next few weeks are going to be quite interesting. Onwards and upwards 😁 GLA
“MM’s in the main make money on the spread. Simple as that. This is not any higher, simply because there were not enough buyers to sustain the rise.”
Exactly.
MM’s in the main make money on the spread. Simple as that. This is not any higher, simply because there were not enough buyers to sustain the rise. The fundamentals of a business are generally always separate from its share price in such AIM shares. Mainly because they have no fundamentals other than a few permissions or some ground they may or may not be worth anything.
The fact that it was higher previously has everything to do with speculation and the amount of buyers. If it was fixed purely on fundamentals then the share price would stay the same days on end until news changed that. What happens in reality is the share price moves on demand based on speculation and anticipation.
AIM is rotten to the core and let’s be honest is full of punters and gamblers. They drive the price in a particular direction. The MM’s just help them do that. If you want fundamentals then the FTSE100 may offer a better place for investment.
Investor33, thanks for your informative post.
How should one trade a stock like Matad in your opinion? I'm sitting long hoping that the share reaches double digits, or should my strategy be in/out because of the"MM's manipulations" along the way to reach double digits?