Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Wasn’t it DQE that drilled gazelle and Heron 1 for MATD. Great rns I thought and Heron 2 and 3 were planned to be drilled in q4 anyway so not sure why so many negatives. I don’t think the match oil to Brent bit has been updated on unless I have missed that and any ideas what we could be looking at transport costs of trucking per barrel prior to refinery link, cheers all
As the delay RNS’s keep arriving I am sure we will see a slow drift back to 3p. Too many unknowns still I feel that may hinder any further rise in the share price.
MATD have been fully funded to bring Heron-1 well to production in H1 2022 with additional wells Heron-2 and 3 planned for H2 2022 anyway.
However DQE proposal has now created a very interesting angle here. With years of experience operating in Blocks 19 and 21, DQE provides full suite of services.
This is evolving like very similar (if not exactly same) situation soon after SOCO first discovered oil in Block 19. DQE got involved from the very start and soon after their parent Company Petrochina offered $100m to SOCO to buy out those blocks. Oil price was around $25/bbl around then if i remember correctly.
Interesting thing now is that Oil price today is around $100/bbl and Heron-1 flow rate at 821 bopd is higher than SOCO 500 bopd back then.
Get your imagination working and put on your hindsight Cap to work out where we headed.
sorry typo 35million market cap still way too low
managed to buy 74k more yesterday a few mins after open at a bargain 3.44p feel for those who dumped or stopped out at 3.3p Heron 1 will be producing, DQE offering services, first oil for matd is not far off market cap of 25 million is just way too low
When they state "additional wells" , are they talking about Heron 2 and 3, or the raptors?
Hey jb…hope your well my friend and all is good up north! Yes Mate tough times indeed.
only negative for me today was not being able to get in at 3.6 this morning as I had to prepare for an Audit due to take place on Monday
Fair play to you, MATD has only really been on my radar since 2018, so nowhere near as long as it has been on yours.
Totally agree regarding the RNS, I think many will be disappointed at jumping ship way too early now given the recovery it soon made today. There is huge potential here now for MATD, and in the very near future as well. Some have no patience.
Wish you well also, along with all the other Matadors out there.
Ive been watching MATD since 2011..couple off opportunities came about to invest at 2.6, 3.2 & 3.6 eluded me due to other financial commitments. I am comfortable with my buy @ 3.97 which has not showed up.
As a businessman im baffled as to why todays RNS spooked so many investors, maybe i interpreted it differently to some!
Here for the long term and i wish you all well in your investment here as this company has masses of potential in the next 12 months.
Bahriaheights: A small order of a million shares!
I wish I had the funds to make such small orders at this morning's bargain price!
I've accumulated just over 1.5 million shares over the years buying in on 26 separate occasions now! lol
Good to have you on board anyway. Hopefully the current SP will be a distant memory in the near future.
GLA
Not bad buddy I doubled my holding this morning! How you doing tough time for some shares. JB
After all the doomongery this morn...only ended down 3.7%....excellent.
Bahriaheights
Nice one. Welcome aboard. You in good company here. I got about 1.5m so far. Going overweight here.
Bahriaheights: I wish I could place those kind of "small orders"!!
FA…….the buys and sells that you see are really not too accurate. I sold a big chunk first thing as I dont like the delays that I think may drag on for longer than some folk think. My sell was shown as a buy.
Looking at the close it seems that there are a lot of folk more optimistic than me. I still think as days turn. into weeks with no further news we will slowly drift back down towards 3p. If so I will buy back in.
How much profit can we make from 1 well.
What's the sharing agreement ratio.
it was only a small order of a million shares..but its taken 45 mins. Never happened before
That was a good opportunity this morning, hope you all took advantage of what seemed like an unnecessary drop in price. GLA
Finally gone through!
Me too.....I normally read properly...but sped read today.....I am also in EUA and being down 50% yesterday....one lost focus. but today back a bit there (only 28% down). It's only money (indeed numbers) lol.
Now able to focus on the rest of my portfolio which is still down by 4% last two days.
Sometimes I make mistakes and if I am core holding 50% and trading 50% I sometimes have to pay dearer to buy back when the confidence returns...but I haven't really got a problem with that as I'm only sacrificing profit potential for risk management. Each to their own.
GLA
why is my order taking so long to process?
....for those who bailed when we were 20% down this morn... that will teach you to fully digest the RNS's and not follow the traders here. Tut Tut.
..for me to top up. Didn't think I would be able to at this price today....but due to misread (which I must admit I did also) the SP is at the right price for me to add to my holding.
Thanks to all of you for your clarification which has pointed me in the right direction....!
GLA.
Sorry for typo...