Member Info for bonum

https://m.londonstockexchange.com/exchange/mobile/news/detail/14153774.html?error=1

The RNS clarifies that but good to see the price holding and well positioned for the next hike up, after previous pullbacks when we were further out - I suspect some may be caught out, having expectee the same even though we're moving into the operationally intensive phase with the multiple drills scheduled.

Good to be holding - atb all

We can discuss the nuances of the Financials as much as we want and one of the reasons we have these forums. However, it's also acknowledged (obviously), that the commentary on such will be based on incomplete info and highly speculative, in line with any individuals intentions re: the stock - why would anyone be here if they didn't have an 'interest' on some level for YU. many of the more negative views actually expressing an interest to Buy in at a better price or looking to reinforce post trading decisions - of course, that can work inthe same way for those more Bullish on the stock.

However, seperating the 'wheat from the chaff', I'd look at those who truely KNOW what's going on - the Chief Financial Officer recently purchased circa £50K of YU. stock (have to check the exact figure), not because he thought 'it wont be in profit for years' or other such negative viewpoint BUT because he has full confidence in the prospects of the company going forward.....and from an informed perspective well beyond anyone posting here.

So whose opinion, backed up by their own substantial investment of late and based on the best information, shoukd we believe...??

Discussion on his purchase being to 'bolster the shareprice' is without any merit I believe, especially given the size of the purchase, a much smaller stock acquisition being well capable of achieving any such spurious ends.

The CFO bought such a large holding as he has every Confidence in the company's prodpects going forward and based on the very best Intel.

Atb all

It looks like a significant sized £40k BUY at 11:54 with the price pushed up straight after - good show of confidence for the uocoming Update.

Should be a good one and further assurance for larger scale I stitutional investment, looking to buy into a HIGH GROWTH, DIVIDEND Paying stock.

We had the previous breakout and subsequent 'stabilisation' as profit taking occured......it's now really well positioned for the next significant move up and without the suppression factor that came into play.

I don't look at 'Sector Consolidation' for YU in the nearer term, as think they'll be looking to build up the Company further before any Takeover aporoaches are seriously considered but in the meantime, more than happy to receive Dividends whilst significant Capital gain occurs through the share price appreciation.

As has been pointed out before, the Financial Directors very large Buy at these levels, speaks volumes about how the Management team see this going and being very close to the Contracts, Strategy & Sector projections.

Comfortable holding & have only been adding to my existent holding, my last batch at 165p.

Atb all

;)

Not really (not even close, imho), especially when you consider the multiple factors coming into play with MATD and all very thoroughly discussed in previous threads, but all the best with it Mabbs.

Good advice Manro in your previous thread - I've been enjoying this lovely weather, knowing I already have a good holding here......and now waiting for those multiple drills to progress and the corresponding price rises through those various stages.

Indeed, no other O&G stock as well positioned as PetroMatad (4 fully funded drills, APPRAISAL prospects, Short timelines between drills.....etc, etc)

Gamechanging stock!

Atb all

Lol....one day bakky!

It's only a matter of time.....not IF but WHEN!

Atb

If you say so Jamie414, but I prefer sensible posting here.

Spend some quality time with your son on your holiday in SA, instead of being abusive on this BB discussion.

Atb

It would really be helpful for those witholding info, to actually share it on the BB and let us make up our own minds, instead of spinning us a guitar tune of self righteous smuggness for not doing so.

Atb all & enjoy the rest of the weekend

I'm not sure why people try to shout down the minority voices that seem to be asking pertinent questions.

We can agree or disagree, but giving our reasonings for such, may actually give us some clearer insight one way or the other.

I looked back over the weekend threads and actually feel that SubMariner raises some really interesting points, which I myself have commented on.

What is the situation with Shoreline and why haven't they delivered thus far, having their level of influence in the country?

It's interesting the contingencies in place re: 'Corporate actions' if ongoing financing becomes problematic, something that further delays would play into. Would that entail an advantageous outcome to Shoreline with a transference of ownership, but effectively sidelining existing shareholders in the process - I'm assuming Art Millholland will be looked after in such a restructuring.

Alternatively, those references maybe a standard inclusions to the document, given the current financing situation......and accepting Art has made no effort at all to limit overheads.

Does Art actively use LSE posters?

Well, we lnow he used the LSE media outlet to drum up sentiment for the stock, promising 'news in a few weeks'......and then we find ourselves with a Placing and what looked like selling into any sentiment boost at the time, by (imo) those privy to the information regarding said placing.

Do we really trust Mr Millholland or can we see that he's quite cynical & calculating, in the way he 'handles' private investors.

Are we then surprised that certain 'chosen' posters receive regular replies from him, whilst others receive nothing, even though their approaches may be polite & appropriate for such correspondence.

I think whats even worse, are those that profess to have received feedback from Art, exuding confidence on the BB......and then refuse to share said info......!!

I accept that there's 'manipulation' going on through this BB, but I'd still like to sift through these 'so called' bullish responses and make my own decisions on the info supposedly from Art.

My own view at this moment in time: I have the luxury of a low average, hence can to an extent be more accomodating of the issues alluded to. I'm looking at the Upside v Downside scenario from the current price levels, given the aforementioned avg price and accepting the high risks associated with the stock - but I'm looking at the downside as a wipeout of the complete investment, due to a 'corporate action' working against the interests of us smaller shareholders.

The flipside is that we could get News tomorrow (or next week etc) and see an absolute monster rise here.

I don't trust Art and think he's demonstrated a degree of dishonesty in his dealings with us (imho) but he still 'may' come up with the goods.

It would really be helpful for thus witholding info to actually share it on the BB and let us make up our own minds, instead of spinning us a guitar tu

In the meantime, I'm comfortable with my Holding and the continued excellent Dividend stream it provides!

The Guardian would usually only print something like that, if the information source was a very good one.......and they're known to have good intel & protecting such sources from exposure.

I think that 'official' confirmation will be forthcoming soon enough.

Atb all

Once we get that confirmation from the SFO - looking for a move into the 500p plus range today, as was the level a few months ago.

Sell Bitcoin...Buy....MATD, lol

Sold all my crptos a while back as no real rhyme or reason for the price moves and too much influence by the Crypto 'Whales'!

Hmmm!

'APPRAISAL' sounds very good indeed! ;)

The real work starts now and the next few months will certainly be a very EXCITING time for the Company."

I'm pretty excited too & good to be holding stock for all the drilling activity due.

Atb all