Member Info for Coldjoe

Says guy in SDX :D anyway MATD is obviously not long-term investment, only a 6 months trade that’s worth a punt imo, since LSE is a site for sharing stock/trade ideas it’s hardly a spam, but anyway well done everyone here and merry Christmas & happy new year!

yeah but that's a standard on every board, filter helps;)

There are always sellers Kist at £2 now it’s £4, ncyt £3 then it went to £12, ufo on 0.8p then it went to 3p…. Just have patience and hold, this baby has to go to 5p absolute minimum

Well done everyone who held all the way to these crazy gas prices, if you are going to slice some profits have a look at Petro Matad (MATD), I won’t go over it’s history (not the brightest one) but I will mention just a few main points why I think it’s a great 6-month trade opportunity:
- $10mil fundraise done in July at 3.5p, now trading at 2.9p and getting ready to move!
- Mcap of £24mil (£7.5mil cash) with 194 MMbo (33MMbo+ recoverable) discovered in 2019, discovery well floated 800 bopd
- Awarded Exploitation license this year, production planned in the summer of next year with three wells, all fully funded with processing facilities nearby
- SP historically tends to trend higher in Q1 (drilling season starts around May in Mongolia)
- Much more appraisal potential on the block XX, where Heron was discovered with shallow low-cost wells
- Upcoming news: offtake agreements, rig & equipment contracts, potential JV, start of drilling campaign
-there is also a juicy gap between 3.7-5p
Have a look through the power point presentation (on the website) and video presentations (Youtube) and do your own research, I think it’s definitely worth half an hour of your time!

Yeah have you never heard of gaps? They tend to get filled, it attracts traders and when you are there, literally every trade moves the sp so it moves really quickly

For all potential new investors:
- $10mil fundraise done in July at 3.5p, now trading at 2.6p (almost 40% discount)
- Mcap of £24mil (£7.5mil cash) with 194 MMbo (33MMbo+ recoverable) discovered in 2019, discovery well floated 800 bopd
- Awarded Exploitation license this year, production planned in the summer of next year with three wells, all fully funded with processing facilities nearby
- SP historically tends to trend higher in Q1 (drilling season starts around May in Mongolia)
- Much more appraisal potential on the block XX, where Heron was discovered with shallow low-cost wells
- Upcoming news: offtake agreements, rig & equipment contracts, potential JV, start of drilling campaign
+juice gap between 3.7-5p as a bonus!
Have a look through the power point presentation (on the website) and video presentations (Youtube) and do your own research, I think it’s definitely worth half an hour of your time!

Don’t forget about that juice gap between 3.7-5p that should bring the herd

Well I was nervous about the availability but since it’s at “advance stages” surely they are available, I think it’s also about the mentality next year vs later this year, either way Q1 it is!!

Just need some more volume, get rid of the last few sellers and off we go!

It’s a guessing game but surely at least 8p? It was 9p this year before the funding just on the license, now we have money/license and a clear way to production, I think this is the best position that this company has ever been in historically

End of December 2020 this jumped from 2.8 to 4.2 with no funds/license or drilling campaign so it would be nice to finally move at least to the bloody placing price…

bid now at 2.70, good luck to w*nkers waiting for 2.2 to buy

Btw for our local whiners/derampers have a look at HZM, they did massive funding at 7p to bring their nickel mine into production and are now trading under 6p… it’s a brutal market

Is proper cr*p lately, one day all is well, another day omicron, then fed, all alright again and bam! Omicron again :D is this really it every time there is a new mutation?

For all potential newcomers:
- $10mil fundraise done in July at 3.5p, now trading at 2.7p (almost 30% discount)
- Mcap of £24mil (£7.5mil cash) with 194 MMbo (33MMbo+ recoverable) discovered in 2019, discovery well floated 800 bopd
- Awarded Exploitation license this year, production planned in the summer of next year with three wells, all fully funded with processing facilities nearby
- SP historically tends to trend higher in Q1 (drilling season starts around May in Mongolia)
- Much more appraisal potential on the block XX, where Heron was discovered with shallow low-cost wells
- Upcoming news: offtake agreements, rig & equipment contracts, potential JV, start of drilling campaign
Have a look through the power point presentation (on the website) and video presentations (Youtube) and do your own research, I think it’s definitely worth half an hour of your time!

It’s crazy that Ganfeng really got BCN this cheap but what’s done is done, if you are looking for some new hold/trade check out MATD - just a few main points why I think it’s a great 6-month trade opportunity:
-$10mil fundraise done in July at 3.5p, now trading at 2.6p (almost 40% discount)
-Mcap of £24mil (£7.5mil cash) with 194 MMbo (33MMbo+ recoverable) discovered in 2019, discovery well floated 800 bopd
-Awarded Exploitation license this year, production planned in the summer of next year with three wells, all fully funded with processing facilities nearby
-SP historically tends to trend higher in Q1 (drilling season starts around May in Mongolia)
-Much more appraisal potential on the block XX, where Heron was discovered with shallow low-cost wells
-Upcoming news: offtake agreements, rig & equipment contracts, potential JV, start of drilling campaign
-For traders: There is also a gap between 3.5-5p:)
Have a look through the power point presentation (on the website) and video presentations (Youtube) and do your own research, I think it’s definitely worth half an hour of your time. Have a good day!

nevermind I have just noticed on the link that it's from August, I guess I've just missed it

I think there are new slides in corporate presentation (slide 9), interesting info:
Heron 1 Reservoir Modelling Results
• Sector modelling by industry specialist identified well stimulation
using properly designed fracks and through managed water
injection could improve recovery factor to 40%

Fishbone Completions
• Jetted or drilled 12m long needles across the entire reservoir
replaces conventional completions
• Improvements in flow rate up to 300%
• Developed for low permeability North Sea chalk, now deploying
globally with recent trials in China
• Initial modelling indicates suitability for Heron reservoir

https://www.petromatadgroup.com/wp-content/uploads/2021/08/Corporate-Presentation-05_08_21-Petro-Matad.pdf

Russel & Aim both, bring on Jan!!

https://www.lse.co.uk/news/live-markets-small-caps-ready-to-demand-some-attention-again--2i28ywd5wutri7u.html

Isn’t 2.3p a bit greedy mate? Even now we are almost 40% below 10mil fundraise, but who knows I guess- I didn’t think we would be back here after that nice spike to 3.2