Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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//Those hyping a placing at this time have most likely sold yesterday and now trying to create an entry.//
You fool - comments here don't affect the SP.
Hope header help ;)
If you think this is false wait for placing LOL
Those hyping a placing at this time have most likely sold yesterday and now trying to create an entry.
I have taken a large batch at 5.09. Principal risks have been removed so for me this fall back looks like an opportunity I didn’t think I would get.
Brings my average up a bit but short/medium term looks very exciting back to double digits.
Good luck and have a nice weekend
Mr Researchandhold - THIS EXACTLY ;)
Which foooil did bring up this fooolish point if placing WITHOUT research lol
Maybe we stick to MB statement that Co fully funded in Dec 22 ?
Maybe we stock to company statement in 20th July 2023 RNS lol
Cash sufficient until AT LEAST July 2024 ;)
//Money to fast track Heron Oil/revenue would be fine by me.
//
MB will love you for that!
.... yet they opine on the oil sectors risks and stress an imagined need for a capital raise when PM don't need it Heron Workover Kit paid for and in country and DQE participation deal at HQ for signing .
Get real or better still go back to the MM boiler room paid poster basement school and try to sound more plausible next time !!
Money to fast track Heron Oil/revenue would be fine by me.
The current planned arrangement to offset drilling costs by sharing oil revenues amounts to the same after all.
Mr Barclayshare this is good point. Also must consider NEAR TERM REVENUE from Renewable from same RNS so reasonable think further revenue from this sector.
Also how DQE partnership will fast track Heron / accelerate revenue generation.
Also in interview with mr Buck dud hear him mention ability to go route if loan be ause of producing asset I stead of future dilution. Petro Matad never did have this option before so all building nicely.
Land access permission did unlock key for company growth / larger institutional investment / share price rise
Also Petrovis will want done ROI soon :)
//Re speculation about a cash rise: if it is - it would above 4.80//
No - if the SP remains around 5p it would be 2.5 p again.
WOS - what is your response to my comment at 14.12?
Re speculation about a cash rise: if it is - it would above 4.80, and it would be for Heron field development which would be lots of value 🙂
Bad profit I just saw you at Wimbledon throwing confetti everywhere on sky news
When you look at share price (and another reason will not even risk share release now)
""execute the approved plan of development for Heron AND to explore the exciting potential around it"
This is extension into Toson Uul Basin. Petro China side is 2 Billion proven & in place. Petro Matad extension MUCH LARGER.
How many people will look to rush in if V1 duster on even small price dip.
How many people will look to rush in on V1 STRIKE OIL and for other Raptor trends.
Do not think either way people will get all share they want ;)
And LOL BTW!
If only the price could stay this low until payday. I’m desperate to buy more at this ridiculously low price!
What a gift for those with spare cash!
//Who know more CJ & Bad Prophet anonymous BB poster OR Mr Mike Buck CEO of company?//
Buck said the co was fully funded in December, I said there would be a cash raise - who knew more then?
WOS, good points. Please note that JULY 2024 is when the exploration license for the V1/V2 drills expires. If they happen to be dusters, which I sincerelyhope they won't be, then the company will have to rely on income from the Heron field to fund further development.
I'm sure our CEO is fully aware of this.
Heron is already confirmed it has oil? i thought take a number of years to set up the drill equipment to drill?
No main risk factor land access have been given better to look at official company infirmation for answer mr BP. What you "think" is personal for you only.
Heron should produce THIS YEAR in 2023
Velociraotor have to hit oil first but think I see 2024 mention if happen.
Do not worry fast track of Heron & extension into over 2 Billion bbl Toson Uul will be enough for this time ;)
//anyone more think matd could go to 17/18p with Heron and velociraptor producing?//
Yes - I think so & maybe a lot higher. But will they produce & when?
Who know more CJ & Bad Prophet anonymous BB poster OR Mr Mike Buck CEO of company?
LOL
Lot if sillly thing people say on BB ;)
Also think some people here who suddenly start to post & say they are LTH maybe should do more research like LTH should know ;)
Also maybe find out cost difference of offshore & onshore drilling ;)
"Cash balance is sufficient to continue operations until AT LEAST JULY 2024 (RNS 20 June 2023).
Also maybe check out DQE reference to deferred drill cost / offtake
Thank you & be happy :)
CJ - I think you are right. There will be a cash raise by share issue this year. Getting the LP has made that more certain by underpinning the SP. MB doesn't have enough money at the moment to fund his future plans & Heron will not provide enough soon enough. IMV