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Lets be realistic... If doesnt break the resistance on 5.39 it will always stays under 5p.
At this moment there's no 'True' news about what will happen.. we are back again on speculation and prediction of what could happen in the future.
For some of you, you may call me CRAZY, because there's a new 'petro matad' news, etc.. which to be honest doesnt prove or say anything more than what was said in the past, which resumes to: We are making slow progress.
Dont get hang up on the fact you have X amount of shares or money, and let your PASSION get on the way of REASON when investing. Better have cold blood and be smart than let the passion get on the way of thinking.
Let's be realistic velociraptor news will land soon to break it all the way to 10p as we now know LP is getting done well stamped and in its way through the post, so 15p when LP lands, once heron drilling is signed up and dqe in bag 20p easy, matd will now drill away to new highs
At this price sub 5p….absolutely nothing is priced in…not a sausage….and with stocks like MATD resistance points get blown out the water on Mega RNS news.
Sorry, but did you read all the news correctly and more than 1 time? Here are some facts..
Let's be realistic velociraptor news will land soon to break it all the way to 10p: - With the biggest risks being reservoir presence and trapping mechanism. Management has estimated the chance of success at approximately 20%, which is high compared to much wildcat exploration drilling. Success here would significantly de-risk the other raptor prospects. These would be drilled before the end of the exploration phase, which currently runs through to July 2024. (Page 2 and 5 of the report).
As we now know LP is getting done well stamped and in its way through the post , so 15p when LP lands, once heron drilling is signed up and dqe in bag 20p easy, matd will now drill away to new highs:
Do you really believe that MATD will complete the LP in like, 30 days or less and get approved, and go through all the whole process? My friend.. is taking YEARS to get to the state are are experiencing today, dont fool yourself..
This is the same company that drop the share price from 4p to 2.98p to raise 6M funds without TELLING ANYONE!
This is how much I trust in MATD.. (Y)
Now we have a paid de ramper!
Shoerters scared? If any!
Massive trades guys.
// Management has estimated the chance of success at approximately 20%, which is high compared to much wildcat exploration drilling.//
High - estimated & compared to. I don't bet on 5/1 shots with my bookie!
I can see this hitting 5p this week
Ladies and gents please ignore the derampers, when it gets interesting they do show up we all know this, continue with all the research and positive posts, well done to master for finding that info,
MATD is getting ready for multi bagging, yes nothing is 100% untill it's done and dusted that's life but we all know it's heading the right way and it will be very very soon now, once LP discussed and stamped I give it max 2/3 weeks for it to be awarded, don't forget the British ambassador is on the case too so this will be on the hurry up as it can be
I agree iamrich. Parasites always attack the good.
I'd ignore the rampers and the de-rampers.
Most posting will want the price to rise obviously.
It'll only really take off when we have substantive news. Let's hope that's not far away.
News of the local meeting and the exclusion of anti-oil activists hopefully bodes well.
RNS should be any day this week then
Maybe even during day after meeting :)
Thorn.. These days the SP tend to rise on anticipation of news
Can't wait for the LP and velociraptor news to land and smash 15p here,
@Thornogson
Finally someone with some SENSE...
I'm not against MATD or a De-RAMPER, the post is not about this. The post is about:
WE STILL LACK SUBSTUNTION FACTS ABOUT WHAT WILL HAPPEN!
Keep faith and praying will not move the stock up or deliver the good news there.. We need real work and real news.
If nothing gets moving they will come back to this post and say: Was you ICHIGO, this is your fault MATD couldnt deliver good news hahahah.. Jez, dont get sentimental guys, it is not about having faith, it is about Good or bad news. Which at the moment they still on 50%-50%.
Facts will move the SP+++++
Hope that the news is imminent may still move it ++.
If the news lands getting a sizeable position might be all but impossible. Certainly not at 4p or thereabouts.
Ichigo: If you want for "facts" about what will happen - then you'll be too late in order to do what investors usually do: invest for profit.
Nevertheless I believe that hard facts will support or even boost the SP if respective hopes and expectations have not already been factored in.
Thor: As I said, facts will move the SP if respective expectations have not already been factored in. But then again, "facts" may trigger new expectations...
As mentioned above I consider your assessment of "if the news lands..." to be on spot.
I'm here to stay until I consider the SP to have reached a price which I personally consider to reflect the value+potential of PM.
Ichigo: If you want for "facts" about what will happen - then you'll be too late in order to do what investors usually do: invest for profit.
Nevertheless I believe that hard facts will support or even boost the SP if respective hopes and expectations have not already been factored in.
Thor: As I said, facts will move the SP if respective expectations have not already been factored in. But then again, "facts" may trigger new expectations...
As mentioned above I consider your assessment of "if the news lands..." to be on spot.
I'm here to stay until I consider the SP to have reached a price which I personally consider to reflect the value+potential of PM.
Yes lwe can all agree that we are waiting on the LP plus velociraptor which will mega multi bag this, so why is everyone agruing over what? But as we get closer to this news landing which is news if things coming together or things moving forward you can expect the share price to creep up as people start getting in for this ride up
Talk of 100p is premature. Even the 26p. But I do expect the SP to almost instantly re-rate to 10p IF/WHEN LP lands and then creep up from there. I'll most likely sell 30% of my holding at 10p to cover my in costs so I'm on a free ride with the rest.
But nothing anywhere near certain as yet. Although the MG pitching to the likes of the Canadians gives me hope they will play ball and get this LP sorted. Otherwise the likes of British Ambassador Philip Malone should get on to his Canadian counterpart and tell him to steer well clear. The MG surely know this.
Would expect this to rise back towards 5.50p before placing hit us.
5.39p might be technical resistance on charts but could be blown away easily given the newsflow expected here.
10p would be more like temporary resistance as traders take profits before the uptrend resumes towards higher levels. IMHO.
It's got quite sensible on here without WOS/Pooly/Dozy. LOL
Ahh Mr Positive is back.
Staying for long?
Love the fact that bitter prophet is insulting me, when all i did was point out hes not invested here, and stated he only posts to annoy people.
Hes such a manchild lol
Same here Poole, Bitter Prophet really is sad and bitter. Likes questioning everybody who is pro PM but cannot take people questioning him back. Really sad sad bitter person.
Dozzawba/Poole: Just imagine how "sensible" this BB will be once b/p takes a ditch!