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Patience is a requirement.. and if people sell out then there is an opportunity to buy in cheaper, at a lower price...
After reading the RNSs regarding the 310 license, it looks like that may have been the reason for the deteriorating SP over the last twelve months, (But I could be wrong) but given that this is a producing company and an agreement signing should be forthcoming in the near future (See Mou RNS, dependant on due dilligence) then now should be a good time to top up...
GLA
7s
You need to go into Google and ask for Lse elk to change you link to the new site, then save the link.
Mines working fine...
GLA
7s
IMO...the big money says Buy...
The Mms move up the sp in the day and at the end drop the price panicing the PI out of their holdings while filling big buy orders in the background.... which are then reported later....
How many thousands of pounds have moved into this stock over the last few days?
It looks nailed on to me, but i could be wrong...
GLA
7s
Brought back in today.... I just had to... Been watching from the sidelines glad I wasn't in whilst Bergen were around.... Nice volume today and if that continues then we should churn through the placing shares pretty quick.. and IMO the brakes should come off... and the SP should be moving in the right direction... Looking forward to more news about the Diamonds... GLA 7s
Definitely good time start loading up... Personally sat back and wait for the results of the drill and the unfortunate, subsequent drop... This could be the start of the ramp up to a better SP and a defined layout for future 2019 drilling season (FOX ain't no chicken feed)... More good news is that the chances of success for each drill goes up as each drill gets completed... Fully funded for the drilling season which should keep need any needs for dilution at bay... Although MATAD do have a tendency to change their minds, which they are quite within their rights to do, I hope there won't be any sneaky placings introduced after the Presentation... HOPEFULLY, an excellent YEAR is in front of us all and any future investor too... GLA 7s
Looking through the trades today I noticed this: 12.09 60566 BUY for £3540 Then this: 12.16 60566 Sell for £3513 5 minutes... I mean come on... really, is that the level of patience these days....lol. Sometime between now and end of November 19, this will move north, (HOPEFULLY the start will be a successful result at wild horse just in time for Christmas...) GLA 7s
Well if the Rigs on its way then let's say it takes a week to a week and a half to get there then that puts us at about second week in October 4 spud date. If it takes 25 days Plus 5 days to drill and log you can call that a month which place is this at second week in November. The results will come out roughly third week in November, weather week to spare before the season ends. Close I know but it's doable.... 20th of September RNS Mike book States ' operational attention now shifts to the high impact wildhorse well which offers huge prospective resource potential and significant follow-up in prospects and leads mapped in the Baatsagaan Basin' I think that says enough but if anyone else would like to have a guess on when spud date will be... GLA 7s
http://www.petromatadgroup.com/wp-content/uploads/2018/06/Company-presentation-June-2018-final.pdf
page 27.
The company have stated in the last RNS that the wild horse drill is ready to go... Although there was disappointment with the SL drill I'm now starting to add to in anticipation of the wild horse drill commencing this year.... Gla 7s
Whichever way the stock goes I think it's a win-win situation... If it falls on the results then great you can buy more when you think that it's hit the bottom... and wait the spud of WH.... If it Rises on the results then great you could top slice and sit on free stock through the WH drill... or just add to, but you're going to have to be quick..lol MB has given himself licence to change his schedule depending on the outcome, but whatever happens this is more than a 1 drill situation... and the next ones the big one.... which at present, is happening THIS YEAR..... starting very soon Personally I don't think anything will be said about SL until the 20th at the AGM.... but I could be wrong... Gla 7s
Over the last few days. Talk about try to force the price down by selling in the morning and buying back in the afternoon just for a cheaper entry point it's laughable really. So the best time to buy is just after they've sold. Anyway where's the guy who said this was going to drop to below 5 p I wanted some more. I suppose I have to wait until the results of snow leopard now. 20th of September should be interesting.... Gla 7s
Id buy shedloads at those levels.... ;)
Rising oil prices and six drills over two years....
Lots of ups and downs to come... id say the chances are much more positive driving forward into a brighter future for Matad...
Gla...7s