Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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135k shares. Looking at it 5 years out, could be $4-8bn mcap conservatively, which is a 60-120 bagger.
Disagree, expecting a trickle to end the day. Maybe around 5.1 5.2 . But i am in for the long term so not worried. But no way 6pm today
Breakout above 6p then next targets:
7.49
9.47
If LP lands tomorrow then quick re-rate to 15p or higher with some profit taking and then Velociraptor-1 crowd jumps in pushing to 25-30p
IMHO.
Buys keep coming. I reckon after 2pm we will have another spike.
Demand is massively high.
See if we can break 6p today.
Bigbench. Agree 100%.
Heron NPV10 would jump to circa $500m from $300m.
I think Daquing crude is benchmarked to Brent minus 5-8% discount, still NPV10 is highly lucrative coz these are shallow oil wells unlike the very expensive deep offshore drills.
Heron oil flowed naturally to surface. Beauty.
//He has moved on from trying to scare people about the LP not coming//
That's a LIE (and you are FILTERED)
This won't go up in a straight line. Mms have great opportunity to make silly money here.
Take out 10% gang
The extremely low cost to extract Mongolian oil not only helps ensure maximum profits it also means that if and when World oil demand tails off they will be the last fields on Planet Earth to stop pumping.
Superb profits, then good profits for decades to come.
Mr P the Saudi led OPEC gang want Oil @ 90-100 bucks or more if they can... imagine what $30 on every barrel would do for estimates!
WOS. Nice summary you posted earlier.
Price here would jump to 15-20p in Double quick time with Lp in hand for Heron-1.
Analyst estimates based on $70 oil price are:
Heron................ 26.7p
Velociraptor-1......32p
People know how fast this moves.
Out of the 1.1b shares, big chunk is owned by Petrovis Group and also Directors.
Big trades... Buck's tea lady topping up! ;-)
Isn't it significant that even Bad is talking about production. He has moved on from trying to scare people about the LP not coming. Even he seems to think it's a done deal and a new negative agenda has to be followed.
4x700k buy today. I expect 100 x 700k soon.
Amazing opportunity.
master82 - and even then if Velociraptor is dry, Mike has engough money to do another drill this season with even more accurate data and dramatically improved % CoS, given we're sure there's a working system ther in Block V
Dry we no cry. Wet is my bet :)
Happy I hold MATD :)
This why I really feel attraction for MATD investment. Velocirapror drill on known WORKING petroleum system but even if dry MATD HAVE OIL ALREADY
We can afford to buy at this price & hold all the way & be hapoy with no stress :)
That's only if it's a duster. Otherwise no bad news in sight
I think you are right bigbench. 4.9p was a bit sticky yesterday for a while then it fell.
I’m not going to pretend I’m great at charting… I use MarketScreener for anyone interested.
https://m.marketscreener.com/quote/stock/PETRO-MATAD-LIMITED-4008433/
That 7.6p resistance I mentioned vanished when I refreshed the chart!
I can't see any negative news coming here for months .
The only negative news we will get is block 5 is dry in july
6p will be gone in day or to my guess…
And that’s still a mental no brainer bargain
5.42p … I’ll be happy with a close above 5.42p today. It’s proving to be a bit sticky just now.
GLA
Everyone check for themself like I do
Price break from 3p into 4 to 5p. Then 5-6p
Then hard breakout to double figure & UP.
This time agree with mr Doc on very hard price push & history show this with MATD. Do not want to look at price history no problem.
Look at HEAVY newsflow in Q2 and u derstand why UPTREND continue.
Before person say but price go to 35p and drop back down to single figure I say do research & understand why.
This reason not hit share price now and company in STRONGEST position ever.
I do not care little bit of up & down with price when I see where think will go in Q2 over days ahead.
Breakout will be VERY HARD on LP soon & UOTREND already have hold.
Be happy & watch it go UP :)
avo333 filtered!
When people do RESEARCH all answer is there lol
Mr Mike Buck already speak about oil transport plenty of time & only problem is lack of research of company ;)
BP, seriously that was the just of one of your posts. Had me in stitches. One of the worst attempts to run down the potential of a company. It was too funny.
Master… that’s my point, there is an easy route to market using a tanker. Maybe it got lost.
I find BPs posts funny (well some of them)