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I think this shows with them going back to Block xx after the terrible results from 2010 drilling campaign, will post a recap. Would be nice to see the management paid in shares at the same price PI are paying on the open market
Manro, I was under the impression that these boards were for positive and negative subjects regarding the company, to have an overall discussions about the company not just constant ramping and misleading. Matd has provided no growth for long term holders, failure and delays at every possible point with poor management and no discovers after 13 wells paid for by long term investors. This seems to be a life style company for the select minority. Are you worrying for me or other LTH that we are going to lose money? Are you going to tell me you have made a fortune with Matd? Why are you suggesting a strong buy? trying to get the share price up to try and limit your losses? do you need a 4 bagger or more o break even? 6 month wait without delays for anything to happen with Matd. Would you seriously say Matd is a good company? Not so much about me trying for a low entry as i will not be buying into matad anytime soon but a lot of people on here ramp and try and mislead possible new PI's, the rampers go very quit when asked serious questions. Where do you see this price going in he next month? and what reasons do you have for any rise in the short to mid term?
At the school reunion who wants to buy a G.F. Round towards the end of the evening who has been trying to impress the class year beauty queen and presumes it includes then laying her ....in two ticks......a few of them have wondered in here .....once a prick............
Oiler87, if PM so crap company could you please explain what is your aim and why you are here? Are you worrying for me or other LTH that we are going to lose money? Or maybe you think that some of LTH who own a lot of shares could listen to you and sell them for your lowest possible entry? I have a lot of shares but non of them will go to you, mate. Instead all of that or drawing here horror picture just recall that Matad has already give to shareholders opportunities to become very rich and many of them have already taken it. So, please stop whining here because it will not help you. My advise just wait till SP's lowest possible drop, maybe even to 000.1p and instantly buy a million shares just for 1K. By doing so you definitely can become as rich as some of our LTH. Good luck.
Which one makes money for the vet and which one ultimately turns out to be an unforgettable pet / friend....this can be a life changing share...I'm collecting now, when she turns it will quick....and the few watching will pile in big time....2 / 3 bag in a day....seen it before and Aim is due one...usually the one every knows about but donot hold....70 % down...bargain buy.It will start soon.
Dream on, With 13 dusters and a team that couldn't find oil in Saudi Arabia, Not helping that they are searching in a country that produces next to no oil when no major company's see any potential, the Russian even abandoned the search for oil in Mongolia. People here were trying to make out Matd to have more oil than BP a couple of months ago. The Matd team don't even have the confidence to buy shares in the company that they run. You have been Shouting a 10 bagger since the SL well and the share price was 9p+ then, this needs to 5 bag before a lot of people break even. With nothing planned till Q2 2019 this will only drift lower, Allot of AIM company's are carrying out appraisal wells and work overs at the moment, so more money to come out of Matd to try and make up the massive losses. The Mcap is still to high and with Matd not able to generate revenue, 6 month no inactivity, 100% failure rate, low oil price and brexit this is going lower. 1.5P will be seen before Q2 (may/June drilling at best if no delays). This is a big if, where is the independent report on next years drills? mislead investors with a cos pulled out of thin air, if so confident in these wells the get an independent revue and buy stock in your company. Lets not forget that all previous drilling in Block xx resulted in plugged and abandoned.
In 6 months if they hit commercial oil.....maybe 15....my shed is 50 % full...will average down twice if need be...sitting back to watch the cat fight...just toooo many people aware of this share to ignore...opportunity to lead the herd ..window busy closing...watch the buys before closing tomorrow
mannnan - you don't get it with char do you.... They don't have enough money to drill anymore wells. Offshore is more expensive than onshore.
Char need to raise or find a partner. We don't need to do either!
We have money to drill our wells. But you know that don't you. It's just your agenda to scare people out.
This dog/puppy was extremely good to me last year and very fortunately I've but given back 15% of my overall profits in this correction (aka collapse).. Thankfully I've only held a few k here through recent times - position now in the hundred as opposed to thousands alas - as I guessed it could be very messy.. But the lower it goes the bigger the bounce into next years drills, hopefully.. so I'd add decently here sub 2p and 'incrementally punchily' on any further again weakness.. life in this doggie yet, via the hope in early 19 at least imho..and maybe one of their drills comes in next year - although I wouldn't be at all surprised if none do - which would see one hell of a rerate.. (Hardcore punter stock though imho.)
SBB this is a dead dog whatever way you look at it. No amount of ramping will change that. The drill to watch has been and gone and encountered sweet FA, just like the previous 13 wells. Mongolia is a dud. Move along or wait an eternity for the next dusters.
6 months....6 weeks.....6 days....so only when they drill does it potentially go up....not on potential?....mmmmmmm....everyone sees potential here...presently on time or activity....not on oil....mmmmmmm
This was a potential money maker and still is, but I'm out for now, can't see my money sat here for 5/6 months doing nothing so have thrown the proceeds into Echo as originally planned on an oil find. Echo is cheap atm and with successful stimulation on three zones in two wells next month I hope to make up my losses on this stock there, will throw some dosh in here around April/May.
Was hoping lucky 13 would have come up here, but hey ho, though we did get the estimated depth about right.