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News 3pm Monday .Don't be left at the side of the road LOL
Researchandhold said //BP is like a stain on humanity//
Hamm - if you can't even get your head around the fact that PM will net nothing like $84pb for any oil it produces then nothing you post is worth reading!
9000 barrel of oil per day x $84= $756000
$756000ร365 days a year=$275940000
Revenue a year $275,940,000
$280m per year.
No matter how much costs deducted from this amount we would still have big profit.
The share price is really under value. We would have lots of income.
Ok guys let's argue over round two after we clear round 1
Is anyone having difficulty watching the video
I can't seem to get access anymore.
Does anyone have the same issue
15 wells are not going to be drilled in one year.
IMO only 3 wells will be drilled max in any one year. Unl
Why does PM need money at this stage?
What will DQE bring as a partner?
Do they get a free ride and PM pay for the drilling?
Will heron not bring revenue?
No new blocks which is good news, as MB gets carried away and he can concentrate on bringing revenue from block 20.
Plenty of money in the bank for next couple of drills.
Hamm, that sounds very positive, should we not factor in a placing to be realistic, will it before or after LP news?
The writing is on the wall as far as the moaners and deniers are concerned. This ride is only going one way and all the signs are that its going north
The rise in the sp is anyone's guess but it will be dependent on the information given in the RNS which is the catalyst for a rerate
GLA
12_15p is my guess when LP secured.
15_20p when we get a 2 week workover secured.
20_25p first oil production.
25_50p when we QDE with10/15 well target.
Future is bright.
FOMO starts next week.
Market will look AHEAD and understand what full field development means with 7,000-9,000bbl a day revenue BUT want key catalyst co firm by RNS - final LP signature.
DQE will also be big Re-rate because it fits in fit FAST TRACK of this target.
Finance will be part of push to this goal with all other development so will be positive in big picture - very different to when financing happen with NO permission in place.
When we look at key OPERATIONAL development / catalyst / production target WITH Forward looking market then we see what is nonsense or not.
Like Header say holder is comfortable to hold with key CATALYST for major price Re-rates start about to be release.
Buy or not - who care for end development picture ๐ฆ๐ฐ๐ฐ๐ฐ๐ฐ
โOnce this has taken off and we are all pleasantly wealthy, I bet there will still be half a dozen or so posters on here sl4.gging each other off!โ
As you are not usually quite this expressive, Iโm going to take this as a big plus!
But as for everyone elseโs predictions, 10p, 12p, 20pโฆ Iโm going to keep my expectations in check until it actually happens.
Although I think Masterโs โ500 barrels should do itโ is complete nonsense. Weโll need a lot more than that.
Some people won't mind paying that bit extra if it means all permits and processes are in order as it means MATAD can concentrate on becoming a major player and explorer and producer in Mongolia which could entail JV partners. But to much uncertainty at the moment. GLA
1.5m max a well. It could be loan or DQE.
I Don't reckon raising money would happen regardless.
12_15 LP confirmed.
Potential is amazing.
This should reach 200m mcap once heron is producing . Even 500barrels a day will be good enough.
15 wells are planned. IMO they will not dilute shareholders and might take a loan which can be paid back in few years.
2m a well. 30m required for 15 wells.
DQE will contribute half if not all, as they are only bringing their rig and no assets.
Next RNS will be transformational, suggest if you waiting on the sidelines don't as once this pops the earliest you will get in is after it doubles,
It's been tough and really hard for those that have been here longer then most of us, I've only been here few months but understand the level of impact this next RNS will have, this should easily sit at 12-15p after land sue is signed up and we head towards drilling plfor productions which will realise true value at way higher prices
Good luck all
Researchandhold said //BP is like a stain on humanity//
The "Del Boys" are out in force today
This time next year, Rodney.... LOL
I honestly hope you're right.
ATB
Any raise would be at much higher price 20p+ if ever happens but amongst the institutions and petrovis.
I don't think it would effect shareholders. I believe any raise would be some time next year with aggressive drilling operations let's say 30 wells or so which would be great for share price. Win win if that would be the case
A raise is probably one of the options for PM. If chosen, I hope it's the best one in the share holders interest.
However, once all systems are go, there are certainly other financing options which MB will have checked before he selects the raise option.
Be happy with 15p+ immediately after the LP is granted ... which IMHO would be the very start as it's a transformational RNS so it may spike way higher. Once we are producing and have revenue coming in, could / should be way more again.
Just out of interest ...
I wondering what the chances are of another raise even after the LP is gained but obviously at a much higher SP than now.
Be interesting to hear if anyone thinks that is a possibility as revenue might not be flowing in before the funds run thin in June / July?
GLA
My bet is double digit asa we get LP confirmed.
12_15p is a good start. The rest depends on how many wells target this /next year and if we have JV/ take over offer etc.
18p is the broker value at this stage.
Ibiza, my gut feeling has always been 12 to 15p when SLP granted formerly.
30 to 35p when oil and revenue comes in for June/July to August time.
Year end at 60p.
That what they like to tell everyone! ๐Lol!
๐ฆ
Hamm, why would you think traders got their plans ruined? They can goes long or short...it makes no difference if the sp goes up or down, they makes monies on the movement of sp whether its up or down!