Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Header say all
Now land access given and Petro Matad ready to move from Explorer to Produce then price will start to increase.
Short term reaction only because of V1 drill. If no V1 price would be much higher alreasy I think.
Whatever happen with V1 price should push back going forward into double digit territory & move higher with other development.
This is investing view & not (very) short term reaction view.
Big holding bigger profit eventually & easier to handle investment like professional investor :)
Everyone do own thing but my target many many multiple if current SP. Be happy & have good weekend. Pressure off now with Special Certifucation news on Thursday :)
Investor33 - enlightening posting history btw. All the way back to 2019 when you first joined, the first and almost every single post is conspiracy theories on MMs!
Hmm…
investor33: “well that's because like many on here you have this rather naive notion of a share price that is purely news and fundamentals driven. it isn't - and you need to understand what the mms get up to. ”
poppy****. and your arrogance beggars belief.
i’ve been an investor a long time, have experience in the industry and have said many times on lse that markets and stocks are typically driven in the short term by sentiment rather than fundamentals… but this case is nothing to do with “mms accumulating shares” and you certainly don’t have any proof of that. it is more likely a case of there simply not being sufficiently more buyers than sellers. all these conspiracy theories are laughable… they were bad enough when we had no news/lp. but even post lp and positive news you are trying to find excuses for why the sp hasn’t risen further.
Investor33 - another cracking insight again. Totalling makes sense. From being a novice when I initially invested many years ago, can now understand where you are coming from. Weak investors continually fleeced.
@Doc83
"Well this one has me a bit stumped. " You said.
Well that's because like many on here you have this rather naive notion of a share price that is purely news and fundamentals driven. It isn't - and you need to understand what the mms get up to.
To take an example, that second to last last spike to 7.3p was entirely a mm created manipulation. They had accumulated , and then when ready promptly stirred up a bit of FOMO without anything in terms of the fundamentals actually changing. Then they dumped those shares that they had accumulated at the top of the spike to the unwary, and then promptly let it fall back to a previous support of 3.4p whilst hoovering up a load of stops whilst they did this. Volume levels were really low all the time that this artificial spike happened.
Now once again they have used ' news ' as cover to accumulate and distribute. They accumulated at around 3.4p and then let it spike again to about 6p on the ' LP good news ' which stirred up lots of FOMO for them. They then distributed in this climate of FOMO and now have promptly let it fall hard again today by about 14% despite the buys outnumbering the sells. FOMO has now turned into fear of losses, so people are today coming out with comments such as ' there must be a raise around the corner ' or ' maybe somebody knows that Velo will be a duster. ' These kinds of sentiments help the mms in what they do. You have to realise too that the mms can see where all the stops are, and they deliberately run at them. This helps them to pick up lots of cheap shares.
Long-term, the share price will ultimately be determined by the fundamentals, however there will be lots of these spikes in the meantime. People who believe that you have positive news and then an immediate one way soaring of the share price just don't understand how AIM shares work or how they are manipulated. In fact it's more than just AIM stocks, however because they are quite thinly traded and liquidity is quite low, they are far more easily manipulated.
Take an example outside of AIM - Jet2. Yesterday it announced profits of nearly £400m compared to a loss of about £340m in its previous earnings announcement. The chairman also announced that he standing down after 40 years. Jet2's share price then plummeted by about 11%....If a pilot caught a cold the mms would use that news to wipe 10% off the share price and hit all those lovely stops....
Interestingly, someone on the Jet2 board mentioned that some companies are refusing to list in the UK, as they feel that foreign mm companies are fleecing local investors. I found that comment very interesting - there's far more to price action than just good or bad news !
CondorMan
Think MTC was referring to flow test at V1 drill.
I also think V1 should come good. There is defo a working petroleum system in Block V as evidenced few years ago from Oil stains in TC core hole and more recently Oil shows at Snow Leapord...which seem to have migrated to very likely the Raptors as per the 3D analysis.
You dont normally plan a V2 appraisal well even before V1 was spud unless you are super confident.
It's already been flow tested... and it's commercial
"Petro Matad — Commercial flow rate at Heron-1"
edisongroup.com/research/commercial-flow-rate-at-heron-1/25364/
Iamrich: “Doc83 lol so you bought in at the wrong time and the negative talk is gone out the window now squirming as you threat of losing money ”
What the F are you on about now? Bought in at the wrong time? You mean my top up yesterday at 5.8p or my three other buys at 3.5p, the biggest by far in the raise at 2.5p or my top up at 4.2p?
I’m well up here but yes, my one day old top up yesterday is out of the money as it were. You’ll rarely pick the absolute bottom or top of the market.
But why start??? What did I say other than anything positive today?
You really are a class A fukk up. Millionaire? LOLLLLLLL!
For almost 24 hours I could bask in the comfort of seeing my investment in the blue. Ah well, if was nice while it lasted......
Makethemyawn... 😴
put your claws away *****cat
Phew Curious, pleased to hear it's only one of you 😏
And reported
Ms VG. Whoever this... its definitely not me.
And whoever it is is filtered.
Woohoo congrats on your £30 beer money!! 🚀
MakeThemCry, an onion springs to mind 😂
Hindsight is a Wonderful thing ⏳
300% Increased my Holding 😎
Duster = SP ⬇️
Gusher = SP Mega ⬆️
Am I Aware of Above Scenario = Yes 👍
Do I Still want to Hold = Yes 😁
Focus on SP 👌
My Money My Choice 💰
Your Money Your Choice 💰
AIMO DYOR 👍😎
Makethemcry - Al investor or curious in new disguise🙈🙈🙈
Mr makerhemcry
Thus what I think as well might be with working petroleum system ;)
Not something to take chance with when company already have land acess for Heron production now.
Thus is dangerous trading game lol
Enough cash till "AT LEAST July 2024". Some people need to read RNS which only came out few week ago lol.
If person say I don't believe this then do not hold. With land access secure & workover rig negotiated then when Mr Buck say production this year I believe it.
What price does not important but think if V1 was not drill then price would keep going up
People think will use strategy. V1 duster so maybe get cheaper?
How many people you think ready to push into MATD after V1 result positive or negative? PLENTY!
Tgey know WITH or WITHOUT Velociraptor MATD stock worth multiple more & will find value forward.
Danger is V1 may hit oil or when buying start will be to fast to catch good price.
Happy to hold. Will watch MATD find fair multiple value in weeks ahead :)
Enjoy good weekend :)
SirB - we could also have a partner/sponsor....💰
In fairness he isn’t…….
However a placing is 50/50, I thought he’d raised enough to get oil out the ground and a second drill…….but surprise placings are not a new thing to Matd.
That said I’ve seen shares shoot up day before a duster and shares shoot down before strikes……so sadly Matd as unpredictable as ever.
I’m looking to buy more if Velociter a duster and it dips….
Hard life being a Matd shareholder…..
Stone walls do not a prison make nor iron bars a cage.
Bad prophet you my friend are thicker than a prison wall