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In answer to the points below (Curioser) the SP goes down. And the converse if it all comes good, the SP goes up. Risk reward, but you know this, as we all do. We can point out the negatives and positives all day. The SP is where it is and no better or no worse as none of these have come to fruition, yet, and none of this has failed to happen, yet.
Like all investments there is risk, and reward. You can choose a ‘safer’ stock and with less reward. Like a bank, but then they weren’t so safe a while ago we’re they. Or Rolls Royce, but that wasn’t so safe a few years ago. All investment carries risk is my point and all this discussion is noise. We all know what happens with bad news. We all know what happens with good news. So the questions below are pointless to some degree.
The more clues that point to the LP progressing for me - the better - there’s no smoke without fire. And these are the things to pay heed to and hope they minimise the risk (whilst maximising the reward) as some investors will notinvest till the official RNS and will miss a good % gain.
(The questions I refer to)
1. What if the Velociraptor spud doesn't find oil?
2. What if LP issue gets pushed back until the refinery is nearly ready ( in 2024/ 25 if no more delays)?
3. How much will it cost us to buy these additional blocks?
4. How long will £10 M last without an additional income stream?
It doesn't need to be huge to cover Petro Matad's costs luckily especially with a production/profit share deal in place.
But over time there'll only be one way the income stream goes and that'll be up.
More wells..... More oil....... More income...... Higher Share Price...... Dividends......
And all the while it'll underpin further oil explorations, purchasing of new explorations blocks, wind/solar power schemes etc.
Heron 1 is the tiny acorn that becomes the mighty Oak?
any income will be good considering we do not have any yet.
Anyone who thinks that Heron (if it ever comes into production) is going to yield a huge income stream from day 1 is sadly mistaken.
I think MB will RNS new information pertinent to the company and its investors at the earliest opportunity whatever order things arrive.
Lets hope for a string of them in the coming weeks.
Does it not say renewables in the last RNS. Anyway if you want to invest you invest .
If not don't.
Free choice.
Whoever wants to invest should do their own research instead of listening to us.
Your money your choice.
Master82 I have no plans on reporting anyone's post.... that's Iam Rich who wants to do that.
He wants to report people for holding a different point of view - shocking!
do you think MB will release RNS regarding the new blocks before the LP or would he want the LP issue sorted first?
I am rich. All you post is 15p coming. Buy now or too late...
People should stop telling others what to do and let them decide for themselves.
Master 5 mins ago " The last raise was for renewables you plonkers."
Official raise document "The net proceeds of the Capital Raising will primarily be used to drill Velociraptor 1, evaluate/sign new PSCs, develop renewable energy projects and secure an exploitation licence to develop the discovery"
Yes and I didn't believe them either.
Pointing out that their posts turned out to be inaccurate doesn't make yours honest and accurate does it?
Judge every post on it's merits?
//Think everyone on this board should just report these three idiotic morons and stop engaging with them now, I will and just keep reporting these lieing manipulators//
Ah - diddums!
The net proceeds of the Capital Raising will primarily be used to drill Velociraptor 1, evaluate/sign new PSCs, develop renewable energy projects and secure an exploitation licence to develop the discovery
I was negative towards MBs performance. Go back and check the posts.
Still think he is a slacker.
Go on report my messages.
Think everyone on this board should just report these three idiotic morons and stop engaging with them now, I will and just keep reporting these lieing manipulators
//Like I say empty coke cans make the most noise//
Only WOS makes more noise than you master - so like you say "empty coke cans"!
Hamm we know your history. You were the biggest and truest de ramper until about 4 months ago.
Also I recall Masters82 was highly negative poster and WOS didn't even exist on this board 6 months ago....
Doc83 says alot about you when your having conversations with BP, I think your a ******, look at you now talking about about a raise when they have raised already, and you don't like people talking about imminent news like the LP and make it sound like it will take months and years and on top make it sound like it may not happen but happy to talk about a raise that may or may not happen next year
Think people should just report and oust this preeeek
F ING twot
Badprophet.. even a stopped clock is correct twice a day.
3 idiots:
Curious, BP, DOC.
Derampers.
//Really Badprofit do at least try to make your posts marginally credible //
Remember in December when MB and the rampers were insisting "PM IS FULLY FUNDED" & I said there would be a fund raise. Do you remember? And do you remember what happened?
Velociraptor = 20% chance of success
Some questions I'd like answered are:
1. What if the Velociraptor spud doesn't find oil?
2. What if LP issue gets pushed back until the refinery is nearly ready ( in 2024/ 25 if no more delays)?
3. How much will it cost us to buy these additional blocks?
4. How long will £10 M last without an additional income stream?
Thanks C&C
We all know that some idiots will never understand. The last raise was for renewables you plonkers.
Heron field has money already.
The last raise was for renewables. Like I say empty coke cans make the most noise
BP: "There will be another fund raise later this year IMV."
It's possible, but my hope would be that some value has been realised (LP arriving etc) and that the raise would be done at a higher SP level than what it is today.
This should be slightly over 7 and the reason for the delay in the push is the MB not getting his skates on and releasing long awaited news
Come on BOD let's see what you've got to say
About time