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A cheeky little buy just popped up so we're clearly on somebody's radar...
4.57 to BUY that is
Low volume today speaks louder than number of buys.
SELL price hasn't budged from 4.50 all day. I was quoted 4.57 earlier when the 139k trade went through at 11:22.
Volume is very low today - maybe MM's will inject some oomf to stimulate market in next few days.
Those into charting will notice a pennant has been forming on the daily for the past month, break out will happen one way or another in next week or so ')
SURPrised not to see a single buy so far today with news potentially so close?
then you fail to see the bigger picture and the potential of the partnership ...your loss imho
news tomorrow then ? aimho ...... its our time gla ....sniff sniff ! :-)
200bopd? This already has a market value over 30m. How much does each well cost?
I won't be buying in on 200bopd.
MP
So was the circa 20% rise last week due to operational or market speculation? It could be news this week maybe.
For what its worth I think Heron-1 will go into production; If I remember correctly CEO once said anything above 38 was commercially viable! So all to play for. Not saying the production will be that low BTW. GLA
No point worrying about the derampers on this type of share. For all their negative postings, this will fly or fall on Heron flow rates and Gazelle. Any influence they have prior to results is immaterial when those RNS’s land one way or another. As I’ve posted before, I’m waiting in the wings readying myself to buy, so the derampers to an extent are doing me a favour if their actions drop the price lower, but I won’t personally try to influence a SP up or down, and I don’t believe they are dominant here, so unable to influence weak holders to sell with so much positivity from LTH. So ignore the trolls, positive or negative, it winds them up a treat when no one is biting.
Sliding back again after last weeks pump, beware the rampers here, they are sat on massive losses, don't get suckered into their ramps.
MP
Some "SPECIAL" people here NEEDS attention Guys... they are grow up, but the brain still at 4 years old... he he he ha ha ha...
(SPECIAL emoji NEEDS today).. he he he... ha ha ha...
Funny now .....the company has stated clearly the expectation is 200 bopd following stimulation.
How the derampers are trying to say 200 bopd would be a big disappointment........ LOL..........no muppets, 200 bopd is in line with company forecasts of a producing well in Mongolia.
This is why its very important to take the wind out of their sales and ensure everyone is aware that 200 bopd AFTER a fracture stimulation is the target the company are aiming for for a single well on Block XX and Block V.
If that is achieved they have delivered.
Have you jokers ever heard of multiple production wells ? What are Petrochina doing nearby?. Do some research.
Ha ha - I never said that I was a investor lol ha ha
Only that looking to invest on good results he he
And was thinking more than 200 bopd ?? Ha ha
But that is better than nothing - so all good
Gl all
I see the crazies are out again! I don't post much, but it's laughable how people who say they are investors don't even read what has been presented to them! If you wan't to give your money away blindly then I'll send you my account details! No one has ever reported 1000 bopd!
But what do I know, I'm sure we'll produce 200bopd min and this will still tank.......but this is AIM for ya!
Ha ha yes I to thought maybe 600 - 1000 bopd as a good result lol he he but 200 bopd now that would be a bit disappointing maybe for me ha ha
So I would seriously have to reconsider my investment strategy here if that was the case ha ha. But I guess 200 bopd is better than finding dust ha ha he he - so lets hope we have oil flowing ha ha thats important at this stage he he ha ha gl all
to add to that, Mick also mentioned that just 3 million barrels in place would be deemed a commercially viable field but they are estimating for Heron around 25 million in place as a potential size. Due to agreed terms with Mongolia a 200 bopd is deemed as a very good start as it will prove that oil flows and can be extracted. This would transform matd from purely explorer to a revenue earner.
Its not 200 to 300 bopd.
The target was 200 bopd following stimulation. That flow rate is a constant target all over MATD presentations for Blocks IV, V and XX.
This is onshore oil, using a pump.
So...........the company has predicted in its presentations 200 bopd per well following stimulation. The results of Heron-1 will be compared to that estimate given by them.
Where have these figures 200-300bopd come from .I was expecting much higher.