Member Info for bonum

Why is 10% significant?

dips that should be....and heavily bought into as noted.

5p shown as a solid support and people have learned to take advantage of any diod that do show themselves - on the strongly Uptrending share price that we have.

Solid Newsflow due!

Atb & have a peaceful evening all.

Wonder if anyones registered Coronavirus.vip...that Bat Soup has a lot to answer for!!

Atb all

A 'heavy breather' then YHAL ;)

Perhaps you can raid the piggy bank and Buy some OB ;)

I jest of course - atb

Suhail, if this comes good (and it is an if), then your cashing in on a 30-40% profit, although nothing to be sniffed at, will indeed be a minute compared to the Upside movement we can reasonably expect.

We'll know in a few weeks no doubt and given the near term.duration for News, the loan suggests.

That may put any gloating into perspective perhaps.

Atb & have a good day

You didn't time your 'Dump' right though, as this is showing bouyancy above the price you conveniently 'disappeared' at.

Atb

Post removed re: MATD??

Wont mention it again then.

Certainly some good bouyancy in the price here and let's see if the Company deliver this time, as Millholland is suggesting.

There shouldn't be long to wait as the loan by the CEO covers only a short timeframe, hence further developments immanent.

Continuing to retain my full holding here until a further update.

Atb all

Strong Buying into close and on dips in the interim, as others have mentioned - especially so when various RNSs are expected at any time, including possibly / probably the Farm in one.

There's an oft quoted saying about 'being out' at certain key times of a Company's progression - make up your own minds on such.

Atb

The maximum I can Buy (at this moment) is 5k shares, any higher going straight to NT.

I can easily get a quote for a few hundred K to sell.

That's not usual here and we await any confirmation of News via an official RNS - looking 'interesting' with the aforementioned License due.

c. 20K BUYS split into smaller batches!

That certainly isn't usual trading activity here and also with the expected timeline of the Explotation Licence as mentioned in the previous post.

As we know, the Govt. view PetroMatad as more of a domestic company that happens to be listed on the London exchange, given the major shareholder involved.

That would certainly give it a beneficial standing, imo and links in wrll with the recent news on the Indian inwatd investment to address domestic oil production.

MATD already have an oil discovery under their belt with better than expected Geological structures associated with it - just a matter of time for the PetroChina approach imho and after the Exploitation Licence issuance.

Confident Buying today amidst the smaller selling.

Let's see.

FARM IN at any time within the next 9 working days as many of us anticipate, so could even have that released tomorrow - and indeed the alternative finance arranged, as communicated to the Market.

Buying on the dips shoukd push the price progressively Higher and beyond any singular market session.

Let the Uptrend take its course and as we await the more significant Re-rates.

Interesting to see LARGER BUYS actually coming in and as opposed to the usual 'trickle' of trades.

The Exploitation licence is due before thevend of Q1, so wonder if those are possibly a pre-sentiment of that being received - speculatively or 'more informed'.

Certainly some confidence with those individual trades.

Makes you wonder IF there is something brewing here - we shall see soon, imho.

Agreed with your 12:54 post IK!

Just reading back a few & the major Re-rate on its way, imo too.

Atb

I think we can make reasonable assumptions / guesses on certain outcomes and asses likelihoods off those.

We have the extension of the CLN and potential waivering of conditions related to such.

As IK, Jimtheknow, myself and others have reasoned and given the emphasis on 'Plan A' FARM IN - it's likely we'll get that within the 9th March timeframe, accepting usual caveats of course.

Those closest to the action will be aware of how close any such deal is to being concluded and hence the price rise may indeed be precipitared by that, partially at least, so POC may be right - the rest being the actual Strength of the investment case & Newsflow expectations not solely related to said Farm in.

BPC are making concerted progress as we move to DRILLING a potentially World Class resource.- that's what's getting us really excited.

This is just the start tbh & imho.

Atb

Just the START!

Double figures within a very short space of time, imo.

Re-rates on key catalysts due.

Atb

Which sets up a stronger platform to build upon and a more organic share price appreciation, than the quick spike off the previous news.

Better all around for LTHs and those looking for a succesful conclusion of the bigger picture they see playing out.

Atb

That's the sort of larger trade I like to see, as it bridges the position between 'punts' and more comitted investments - generally and specifically for smaller, more speculative investments.

That's the sorts of trades that suggest at least, a building up if Confidence and accepting the usual caveats with any such observations.

Let's see

Atb

FARM IN - 10 Working days until the 9th March, so hopefully we'll get that RNS at any time between then, if indeed we're correct in our assumptions regarding the aforementioned.

If not, confirmation of the CLN which should provide another price Catalyst and associated Re-rate.

Strongly expect the Farm in RNS though, for reasons given and at any time within the aforementioned timeframe.

Very exciting times.

Atb