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Why aren’t shareholders given first bite of the cherry?Why hadn’t we been informed that we needed a fundraise?Why all the secrecy again?Not the first time.Don’t understand what’s going on.Why not wait until we’ve got the license,then fundraise if necessary.Make’s no sense
My ISA is full for the year unfortunately, otherwise I would be averaging down from 4.7p
I acknowledge that there's a lot of positives to this despite the obvious negative of being down again at the moment.
Hopefully that will change again soon.
GLA
I am happy with the raise. It means I can get back in at a lower price, double or triple my money before drilling, sell my original stake and hold the rest for the result. Lots of others thinking the same it seems.
Added another 160,000 shares.....at least it's brought my ave down to 4.7p which I'm sure i'll see again over the next few months.
Not sure if it helps but i could sell £25k's worth in one hit @ 2.65 earlier so there is demand
No one will be happy with the Rns today and Buckio Hare really should of let investors aware of a possible raise
I do think in a few weeks though we will be back in the 5p range or even more just need that LP sign off then it's party time !
Thanks BigBench. Reassuring to know that bigger money is getting involved.
Thought I would have a look at what Hamm was posting .
This was yesterday morning .
There is so much gossip its hard to remember it all , as the flood in the river moves so fast .
I remind myself .
Iamrich, Wise owl well said.
This is an amazing opportunity guys.
This is the year we will get all rewarded.
Great news is on the way.
1m buy yesterday is a good sign.
All week holders have gone.
Relax and get ready for climb.
Guys,
*£42k rather ..
Look like buys on ADVFN
On the Block V Exploration PSC area, local government approvals for land access have been secured. This area does not have the same history with the oil industry that Dornod Province has and as such, just as in previous years, thanks to its continued focus on positively engaging with local communities, Petro Matad has been able to secure all necessary permits to work on the land covering the highly prospective Raptor Trend and the Velociraptor prospect.
More than a few of them now and one for healers £50k
Be good to know if these are buys are sells?
I'm assuming buys as the SP is nudging up.
I think the confidence has been reduced if I’m honest
Buck needed a few bucks, offers decent reduction incentive to get cash in quick.. well over subscribed on all fronts.... releases news on LP in next week or two... we head into double digits as drilling date announced .... everyone's happy.
Sometimes you have to take a step back in order to move forward and that's exactly what happen here, pretty confident back past 5p in next week or two.
Is there any chance Velociraptor will face the same issues with a Land Permit as Heron? Thanks
As always it's down as "unknown" ....
Now starts the bounce back but today as Monday will see it bounce back up again, too cheap at this price for what's coming fill your boots !
So my question is ?
If you have full visibility over your business, your CFO understands actual against planned activities, your project manager understands what he has to deliver in the next three quarters, your CEO then based upon this senior leaderships feedback states to the capital markets and retail investors alike the business is fully funded.
What the F—k changed in 4 weeks ??
It’s a peanut project that a five year old could understand.
Not worth all the mither of the retail offer at 2.5 so just bought at 2.6 today. .1 won’t matter in 6 months time. Still lost £10k today tho so not happy
Yes, it's a risk, but if you believe assets are still there then fund raise will help unlock them. So my average now significantly lower.
Placing was oversubscribed. Retail offer may be too...but regardless the SP is attractive enough today for anyone wanting to buy in to do so. Given the placing result the retail offer doesn't really need to be successful from the company's perspective. It has already raised what it needed to.
Yes the land permit is taking too long to come through and yes MB said we were fully funded in December (we can infer from that what we will), but the facts today are the SP has dropped, the money is being used for Velociraptor, and there is a chance to now buy in (either open market or retail offer) before the likely (in my honest view) SP build up before drilling takes place. I would much rather invest with newsflow to follow, which is why I have bought more today, plus the risk of not being fully allocated if the retail offer is oversubscribed.
Just my take on it - and, perhaps, for these reasons, the SP today won't languish for long where it currently is. I may or will be wrong, but that's what sits logically with me.
Others welcome to their opinions, of course, and DYOR
Why do a placing? They have millions of barrels oil, go to the bank and ask for a loan..
No lets screw existing share holders again!
I buy above placing price because not all broker do bookbuild platform & no guarantee can get all share this way
Happy just to get all share at this price and now like Mr Buffet say be patient & ignore all crybaby on BB lol
They are little trader and not like me & mr Mike buck & mr Warren buffet
40 million already so won't take long to absorb.
Great time to add/accumulate.
Mr Bluechip I buy 558,046 at 11.02 sir
I do not lie & hope that help. I will see multi multi bag on this I am sure
Like I say OPPORTUNITY for us who can see this
Be hapoy sir :)
Rule 1 from billionaire investor & not poster on vast BB Mr Ripley
Money go from IMPATIENT to PATIENT
Read & learn sir ;)