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End of year fanciful nonsense.
Here are my SP predictions for 2024.
End of Feb 2024 - 12p per share.
End of June 2024 - 35p per share.
December 2024 - 60p per share.
Anyone else like to pin some numbers on the board for 2024?
Happy NY to everyone.
My guess is 7-9p before RNS (if it takes a couple of weeks), and double digit when LA (RNS) secured.
H1 production 30p+.
Researchandhold said //BP is like a stain on humanity//
Continued volatility. I don't think this will make double figures anytime soon. If it does don't get crushed in the stampede for the exit door!
Pro - you claim to be successful with your trades yet you feel the need to be here to tease those who aren't doing so well trading matad 😬
Vikinglass, nicely put comment about the arrogant one . Those types often gloat and cajole others to make themselves feel better. They just can’t help the hollow feeling inside!
All views welcome, whether they be glass half full or glass half empty.
My guesses were based on what Hamm also thinks.
LP issued and new blocks awarded must be worth over 12p.
Well and new wells pumping oil and revenue from Heron must be worth 30p plus by the end of June.
Stronger revenues plus other upsides from renewables should steadily increase the SP up from mid 30p per share at the half year point by double to the end of 2024 as the revenue becomes evident and the balance sheet gets stronger.
All of this assumes borrowings, revenue growth and without share dilution.
I’ve tried a few kippers in my time and manxkippers are the best in the world. I also agree with yours sentiments on the price rises. Perhaps not a 60p finish, but I’ll be happy if 35p by year end 24.
Manxkeepers, you are absolutely right.
Oil upside.
H1,2 +.
3 billions barrels of light proven oil.
QDE etc.
Sentiment is shifting fast.
The sellers will regret.
FOMO.
Amazing opportunity shouldn't be missed guys.
Have a lovely day.
Should easily now head towards 6.5p before news lands and if you believe in charts from Zak mir
30p, 60p… no chance. At least unless we have some completely curve ball event occur that is hugely positive.
I’d like to think the SP will continue to drift a bit higher, then the signature comes and we go to somewhere around 8-10p, maybe briefly even a spike to 12p, before MB announces a raise at 6p.
Heron will produce immidiatley, we wil also use dqe on profit then pay service,
All looking good,
Anyways this year wil sort all this but short term maybe even end of Jan we have a multi bagger here
SS - time will tell. But even going down the route you suggest would see the SP fall back, as I believe has happened with TXP.
This certainly is not going to be a straight line to 60p. Or even 20p.
I’ll be very happy to eat humble pie if I’m wrong 😃
Researchandhold said //BP is like a stain on humanity//
//I’ll be very happy to eat humble pie if I’m wrong//
You'll be well served - there's plenty of pie in the sky on offer today!
Investor like more certainty - trader like UNCERTAINTY.
Before when we have no progress report for land access then easy for trader to play stock.
Now we move to PRODUCTION / REVENUE do not think will be same as investor start to take longer term hold.
They look at (just for Heron) 7,000 - 9,000 bbl a day production.Many longer term investor / bigger institution investor will take positions for this.
Before with ZERO production have very limited option for funding - now production will open up whole new options & stronger position for Management.
Have also give lot of links about increase lending from bank for renewable sector.
Maybe some people still stuck in past about Petro Matad but company is transforming into something much better & stronger.
Maybe time for trader to look at other rubbish Aim stock to play uncertainty game 😏
🦉
Doc: Start getting used to the taste (of humble pie) - hope you like it!
Sounds that you have sold early and can't handle missing out!
Surely as a professional you should know RNS could come anytime.
"Wos as always sounds reasonable but his points are wrong. Will not go into it as nobody is interested" (about post 30th Dec 17:51).
It sound REASONABLE because IS!
For every trader who come onto BB to try to manipulate sentiment there will be other INVESTORS looking to enter / build up holding in FAST GROWTH / REVENUE GENERATING COMPANY.
Not like before where this people could come and manipulate sentiment on company with no certainty on timeframe & very low volume trading.
Again there are so many rubbish Aim stock out there where they will need to fish now - MATD will be firmly on UPTREND and give back shareholder value not just in capital gain
🦉
If you say so sir 🦉
Professional if your a trader now is the best bet to get in for the build up to the next giant news and then bang
Let's hope 2024 is a lot better than 2023. Also better than 2222,2021,2020,2019,2018.......125BC
“Let's hope 2024 is a lot better than 2023. Also better than 2222,2021,2020,2019,2018.......125BC”
LOL.
Happy New Year to all Matadors 🥳🥂🍾
LOL!
1. If you believe this DO NOT invest
2. Funds sufficient until at least July 2024. Production revenue will give greater lending flexibility
3. Light sweet crude with field de elopment for just Heron 7,000 - 9,000 bbl a day
4. Main Taxation set as part of PSC.
5. If you think they will take over control and destroy ALL foreign investment confidence in country then DO NOT invest.
Mr Professional has state he has everyone's ISP address and will be reporting us for action (lol).
I think big hole in credibility of this poster is very easy for anyone to see for themself. Other points do OWN research & confirm yourself.
🦉
I think Pro sold out at 4.34p tops last week and wants to get back in 😆hence the sour stance