Member Info for bonum

RNS for the Oil Cap Conferrence - should be interesting, withon the context of the current commitment to get actual drilling operations underway.

Atb & have a good day

He obviously bought expecting his ROI to be significantly above the 165p level and being the most 'informed' on the Company's prospects going forward.

That's good enough for me, veiwing this as a serious longer term, large investment holding that I'm looking to consistently build up further.

Atb & have a good day

After the initial drop on Monday, with stability on Tuesday......and the rise back to blue yesterday, it looks like Buyers may be entering back into the fray and especially after a more objective assesment of the investment, some of which has been given in the previous posts yesterday.

The Malcy interview with Mike Buck was also telling and no wonder he's 'delighted' with whats been discovered already and how that poteñtially sets up the company for revenue generation & growth, the expectations of such certainly beyond the current market cap. and independent of further drill outcomes at this stage.......albeit certainly a lot to look forward to in the coming days.

As previously, we have seen some very strong price recoveries here and may very well experience that again, however, irrespective of such, some very exciting times for PetroMatad going forward - like the CEO Mike Buck, I'll also choose to be 'delighted' at how things are developing here thus far and as someone looking to see the whole drilling program through.

Atb & have a good day

Looks like we have a stable price level, with only slight variance and dips being bought into aggresively to maintain such - all looking for developments going forward to drive the Company towards and into actual drilling operations, as communicated in the previous RNS.

We can be fairly confident of a significant price move with progression into said drilling Ops, hence the good price stability noted.

Atb & have a good day

Exactly - he goes into further details in his conversation with Malcy, that go beyond the rather 'dry' communicating of facts in the official RNS, which tbh have gone over the heads of many PI's regarding Porosity, Productive reservoirs in Block XIX.....etc.

As mentioned, as a very experienced oil man, he was 'DELIGHTED' with the results so far of Heron and no doubt we'll have further very good news on that imminantly......with hopefully his joy communicated in that too, rather than relegated to his private moments ;)

We now have what looks like the basis of commercial production (RNS forthcoming) , to underpin operations going forward by providing a revenue producing platform to do so - MATD should be an OIL PRODUCER very soon and with the arrangements already made to utilise Petro China's local infrastructure.

I'm comfortably invested for that andcregardless of any other outcomes.

Atb & have a relaxing day

One good thing is that E-mails have only been fleetingly mentioned in the last couple of days - that's a real positive! ;)

Atb & have a lovely day

"The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. " - British Bulls

That's the candlestick technical indications and only of interest, as the last few trading days were pointing towards a breakout of the price. Some people rely soley on such indicators or use them as confirmation, whilst also assesing the other factors that underpin the validity if an investment.

Dyor and make your own decisions consistent with your own investment criteria.

Atb all & have a profitable day

An RNS would be good......if warranted of course.

Atb & have an interesting day

Agreed, 'The-Lockie', my thoughts exactly - as people stress over a few pence movement, there are some fundamentally encouraging statements in that RNS, which underpin the confidence for holders of the stock going forward.

Mike Buck isn't interested in fanning the flames of hysteria but more focused on the various operational stages to complete - the RNS looked like it was delibetately understated for the masses but key points gie justification for a lot of Confidence going forward.

Atb & have a relaxed day all

One aspect of todays RNS, which fundamentally changes our investment, is that MATD should have an impending valuation based on a tangable revenue producing asset, rather than previous licenses only.

Of course, we need further testing to provide more specif data but Mike Buck's statement is likely very revealing on that front, given the 'better than expected' inclusions (amongst others) etc - no more 'hope & promise' but real oil dollars coming in & processing infastructure already in place (thanks to the deal with PetroChina, which will provide a solid foundation for the share price.

I'm not overly concerned with the price movement thus far, as now we have the initial indications of Oil and the 'better than expected' references, we can look forward to the further drilling activity in the nearer term, with a greater level of confidence that todays RNS has provided.

Atb & have a reassured day

Heron, as a producing well similar to the PetroChina one, will put a 'floor' under the MATD share price and regardless of any further drill outomes. That provides a great deal of security for holders of the stock and as we look towards tangable revenue generation, once further testing confirms initial shows etc.

Atb & have a reassured week

Good RNS and rise on my 'more serious' O&G investment, so very pleased the way things are progressing there. This is a 'punt', albeit a compelling one with the Upside v downside scenario - so will await any news here , whatever that transpires to be.

Atb all & have a productive week

Excellent RNS and very professional with Mike Buck's wording in the statement - referencing the commercial steucture adjoining Heron and indicating 'better than expected' features.

I doubt he's overly concerned with any price movement, as his priority is to build up PetroMatad into one of the big producers in the region - this is just the start.

Further wells to drill now and a more accurate update of the already positive shows at Heron - again, the wording comparing it the already producing adjoining well, was very specifc & deliberate.

I price movements atm are fairly irrelevant to me - I wont be selling any. Rather, the initial oil shows indicative of the PeteoChina resource, should underpin the commetcial integrity of MATAD going forward, with further activity as part of the fully funded program currently engaged in.

These price levels will be eclipsed soon and now that it looks like PetroMatad can finally start realizing tangable Revenues from potential oil production - and given existent agreements already in place with PetroChina.

Its a good day

Essentially like the adjoining Commercial resource right next to it - hence why it was deemed an Appraisal well!!

Excellent news and looking at the upside of estimates, with the 'better than expected' initial data.

Lots of upset people who traded out of it earlier.

Onwards & upwards for PetroMatad, with further drills on line.....and all fully funded!

Atb all for a very good day for MATD

No problem SYFreshprince - those of us who have been in the markets for many years, know the prediçtability of the 'misinformation' that the will abound here, as those who missed out will use to endevour to attain an entry.

The RNS was a very well worded and positive one - professional & to the point by Mike Buck.

Sure yours was a genuine mistake.

Very exciting times here now and the results so far consistent with the adjoining, commercial field.

Atb

Not sure why anyones wasting time on the troll who can't read the RNS - there'll be plenty more now that Oil shows have been confirmed.

One drill ticked off successfully......more to come.

All looking very good indeed for MATD & all holders.

Atb

Now we have to assess how much - but encouraging to see the 'better than expected' statement, which indicates towards the Upside estimates!

......and then the further drills of course!

Great RNS.....we have oil shows encountered!

....and further fully funded wells to drill over the next few weeks!

Excellent start to the current campaign.

Atb & have a prosperous day

BOOOOOOOM!!

The oft used phrase but very True in this case......'Potentially' Lifechanging!!

(note: 'potentially', as it's obviously contingent on certain outcome but arguably the best prospect out there, for a realization of the aforementioned phrase).

Atb & have a peaceful Sunday