Each to their own but you have to be in it to win it and the odds here were too good for me not to have invested. We have had hiccups on the way but I am holding out for a really big increase over the next couple of weeks. Nothing is 100% but 75% is the best you can get so I am going with that and holding.
Red Deer 6 hours ago.
Drilling operations progressing at Red Deer-1, targeting 48MMbo of Mean Prospective Recoverable Resource #MATD
https://twitter.com/Petro_Matad
CS. What about the Yak herders, I hear they have a special sort of grapevine. And the Chinese, their ears are probably glued to the rig, no secrets from them either. PetroChina will be in the know and I bet there are a few local government spies camped out in yurts nearby awaiting good news as well. So yes, I expect MB to spill the beans very quickly! It could even be as early as next week if there are no further hold-ups.
Good luck all.
I have been watching in amazement and asking myself, 'why are people selling which is like throwing money away'? 3p, 4p,5p, 6p,7p - people have been thieving from their share accounts by selling prematurely. I expect we will see more of the same later today. The sp should be up over 12p by now but it's as if people refuse to be rich and scurry away from the possibility when the fundamentals are saying, 'there's money to be made in large amounts in Mongolia.' PetroChina have already proved this. Now PetroMatad is about to prove it.
Good luck all.
It's time for the sp to play catch-up. It has been languishing in single digits for far too long when it should have been well over the 10p mark. People are so cautious these days but I doubt anyone will find a better bet on AIM at the moment. It may be later than planned but in a couple of weeks we will find out if Heron will, as MB says, 'give us some early runs on the board.'
Buys going in like grenades, surely this has to explode soon?
I still want to know if Velociraptor will be drilled this year, it is shallow and won't take too long.
A comment from the ADVFN board about Velociraptor:
taxibabe20 Aug '19 - 12:47 - 2871 of 2873
If successful it would make matd a footsie 100 company
Not spooky at all. For instance, being a Spurs supporter I took a look at the game v Man City. Being favourites I gave MC the Ascendant and it's ruler Saturn -first impression of the game, glum. Normally the favourite also gets the Moon but as ruler of the seventh house it goes to Spurs (ouch, Man City are cheated). However, being a Scorpio Moon it is in it's fall and not going to meet any other planets so I couldn't see a win here for Spurs. Man City, on present form, should trounce Spurs but Scorpio is ruled by Mars and Pluto and Pluto has X-ray eyes (VAR in this case). Thus I gave this one up as too difficult to judge except as a possible draw. Saturn spreads gloom so I thought that's how Man City would be feeling. How could they win feeling thus? Not too far wrong was I (possible is not a certainty so I cannot say I predicted a draw)? On the other hand, the women's world cup was easy to judge in all games where there was clear favourite, even to the timing of some of the goals. However, I only do this for amusement although some do take advantage of the great benefactor, William Hill.
I have to add that today's RNS gives a good indication of timing for Heron, it does appear Red Deer could be a week or so earlier. I have absolutely no wish to influence people, and I could be wrong, but the astrological timing of all this is extremely auspicious for two oil discoveries. It's as if all the problems and delays have been put in the company's way just so that TD is hit at just the right moment, which goes to show there is lot more than lady involved here, Providence.
Don't be influenced by this post but let's see if it turns out to be true.
From ADVFN board:
Red Deer-1 well will be into Secondary target during week commencing 19th August.
Red Deer-1 well will be into Primary target during week commencing 26th August.
Red Deer-1 well results and RNS week commencing 2nd Sept.
No one is manipulating the sp, the last two sells were after the market closed so maybe there was no other market makers to take the order except the one on the lowest bid. Or maybe they lowered the bid just for after hours sells.
I am inclined to think that any good news will be reported quite quickly as we have had so many negative I suspect the company will feel anything positive should be relayed to us straightaway. I am half expecting something next Tuesday, Wednesday or Thursday from Red Deer - or even Heron1.
I also have a green light for Monday 2nd September through to Thursday 5th.
There could possibly be some news next week but the week after that looks a good bet for something more substantial. Here's a post from Pro on ADVFN.
My estimates now :
Red Deer-1 well will be into Secondary target during week commencing 19th August.
Red Deer-1 well will be into Primary target during week commencing 26th August.
Red Deer-1 well results and RNS week commencing 2nd Sept.
Heron-1 well into Primary target week commencing 9th Sept.
Heron-1 well results and RNS week commencing 16th Sept.
*Chinese drill operator experienced with PetroChina in area said could drill Heron1 in 3 weeks*