Member Info for dai2belts

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Both are waiting on placings, people probably have a core holding, and money waiting, I know I do..
Might even be selling my last purchase, especially on a blip to 8p..
If the price does'nt rise could be looking at 5.5p on placing news.. Dont know..
Been seeing share prices fall below placing prices, DELT(3.5 placing, 2.94 before listing), TOM, Orr..
I dont see He1 doing that though, but I am watching TXP to do that, so it won't lol
Some probably just watching for the placing and a quick gain,
Still two weeks for 88e to move, just need PANR to come good, MMmm, 0.5p to buy and I might add, gambling on PANR coming good... maybe not lol

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Not done much on the shares today, but had another hindsight thought..well a couple..
Based on what Tro's lows, and shares I have been watching

QFI, hit an all time low, big promises for 2023, bounced early , 1.2 to almost 3.0 on some media MSC Cyprus/QFI CEO presenting together at conferences... funding no issue until mid 2023

Matd, Multi-year low, doubling on expectations months away, funded too, LSE gave brief details advertising the Meeting, the access issue seems to be irrelevant, maybe not an issue until mid drilling season for the trader

He1, 5.5p, we know the story, 5.5p to 9p, early.. did it beginning of the year too..
He1 could well hit another low after the placing, another bounce..

All have histories of big gains..

Boil is funded now, big new next year will be the JV, price is not on a low though,
TRP requires funding to progress the drill, at a good low, but a few pieces missing,

EOG is heading that way, especially if it drops below a penny, and rumors of Ireland changing its stance on exploration surface..Its got a big off-shore resource to prove up...
.Thats news to keep an eye on, Guys on the PRD BB watching that, so worth checking in on end of day..

So from now on I will be reading the LSE meeting briefs, for a heads up...if I remember

So two on my watch have bolted while I watch, and IOG recovery..... useless me lol, 3 double's there
Missed ECO and DELTS rises too, 2 x +50%
Got caught on He1, and EOG
But 12 x 50%, could have done half H2 2022...
Better luck next year... ;)

Talking about reading the full RNS, I have seen it where the real details are after the tables giving the CEO, broker, PR contact details, sure it was He1 too.. Brief stuff before, details after...

@KevR, I dont think it works quite like that, not a statistician though so you may be right..
Its as good as He1 was originally, both are wild cat frontier drills, except He1 have already drilled Tai
They only gave details of the 1st show, equipment was not calibrated, quoting 2% for a show that persisted as 1%.
Guys a ramper, good for us if we can get a better price during the placing

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@bankrupty, watch He1 it might be in the same situation, bottom, with big plans.. Funding ????

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Tro shouted the bottom too, we were all looking at it, but the access issue...
I looked in this morning, thought it might be dropping, and went out, when I came back, on the leaders board..lol
But its a bottom with expectation now, or was..
Access issues were known before 2022 also, was in the first operations updates Dec 21..

@ID good read on CoS 20% seems reasonable, good... ADV was 80% :(
https://www.linkedin.com/pulse/how-do-geologists-risk-oil-gas-prospects-alan-foum

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Just come back in from a walk, just pondering with no distractions of graph and the likes
And reading your last posts
Matd, was at a real bottom, a year low, on cbnc too..
So a multi- year low, and forward expectations, announcing money in the bank, a high impact exploration drill and possible production..long lead item all in country,...
You have the guys playing the low, the guys who want in for 2023, and the guys playing the rise
Day traders, swing traders, scalpers and investors, some thing for all trading styles.....

That could well be He1, if it gets back to 5p, so not a bad thing...just need the dry powder..

Probably the best low you have called in a while ...

@Tro, thats just some history on Igas, I was thinking of buying, after a significant drop, then noticed how much it had risen from the start of the year, I then found articles about the Gov pushing for fracking back in Feb, so it was'nt Truss who was to blame... she just got blamed...

https://g.co/finance/IGAS:LON?window=YTD

Not looked into how much gas it produces, to see if the fall is over done, but a bottoms a bottom, and its AIM and there must be plenty waiting to play the blip.. Something your teaching me..

And plenty played MATD 2022, when there was no access, and no Raptor drill ...... :) bagged too lol

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Start of 2022, that share hit 5p even though everybody was updated on the access issue, bottom of RNS, end of a paragraph, almost missed it, in with the boring stuff..lol

https://invst.ly/zs62l

Tue, 7th Dec 2021 07:00
https://www.lse.co.uk/rns/MATD/operational-update-ffofjdpp8wya2y3.html
Feb
https://www.lse.co.uk/rns/MATD/operational-update-m1sgdgqfxt3vnmg.html
May
https://www.lse.co.uk/rns/MATD/operational-update-dagz4kl2fmctkm0.html

Bunch of Gamblers lol
Still some made a good sum, should have bought lol

Well my research is improving, just hope the green revolution does come before our fortunes in oil come

Presentations

https://www.petromatadgroup.com/investors/reports-and-presentations/

Broker Notes..

Dec 21
https://www.petromatadgroup.com/wp-content/uploads/2022/12/MATD-20221206-Recent-operational-update.pdf

Jan 2022
RENAV increased. Our RENAV (Risked Exploration Net Asset Value) is
increased to 29.0p/share, which represents a 29% increase on our
previous RENAV of 22.5p/share. This increase is predominantly due to an
increase in our long-term oil price assumption to US$60/bbl from
US$55/bbl to better reflect the forward futures curve after the recent rally
in oil prices.

Potential x 10, but no breakdown shown

https://pbs.twimg.com/media/FJcwKlSXoAEmLCW?format=jpg&name=4096x4096

Not sure how relevant, 2019
No snow leopard etc
https://www.edisongroup.com/publication/low-cost-high-impact-onshore-oil-exploration/21491/

From Presentation

I think that Heron has up to 100-200mmbbls in place, then there is the recovery factor, so now estimate 33-60mmbo
about $1.5/2m per well, got the impression just 3 wells, will have to check..

Heron discovery
================
https://www.youtube.com/watch?v=NO6lIYruWDM&t=330s

•Heron 1: 821 bopd 44°API to surface
•194 MMbo1
resource in place, 33 MMbo2to >60 MMbo2 recoverable depending on recovery factor
•Low-cost appraisal/development
•Near-field exploration targets to be exploited during
exploitation phase with high chance of success,
low cost drilling, significant resource potential

Access issue in hand by changing area to special purpose ??? how long ??

Raptor
=========
https://www.youtube.com/watch?v=NO6lIYruWDM&t=979s

Raptor, says 200mmbls recoverable, MATDs estimate,
No mention of in place or recovery factor, so different use of language..

200MMbo(Matd Est)recoverable resource potential in Velociraptor Prospect which is drill ready
•380MMbo(Matd Est)follow up in adjacent structures
•Very low cost drilling (c.$1.7MM)
•20% chance of success(Matd est) better than most high impact frontier wells
•Precedent set to retain adjacent exploration upside in Exploitation Area
•Potential to be on stream within 2 years
and help to meet the needs of the Mongol
Refinery on start-up
Contracting on- going ???????

https://www.petromatadgroup.com/wp-content/uploads/2022/12/LSE-6-12-2022-Petro-Matad.pdf

MMMMmm
I think that Heron has up to 100-200mmbbls in place, then there is the recovery factor, so now estimate 33-60mmbo
about $1.5/2m per well, got the impression just 3 wells

Heron discovery
•Heron 1: 821 bopd 44°API to surface
•194 MMbo1
resource in place, 33 MMbo2to >60 MMbo2 recoverable depending on recovery factor
•Low-cost appraisal/development
•Near-field exploration targets to be exploited during
exploitation phase with high chance of success,
low cost drilling, significant resource potential

Raptor, says 200mmbls recoverable, MATDs estimate,
No mention of in place or recovery factor, so different use of language..

200MMbo(Matd Est)recoverable resource potential in Velociraptor Prospect which is drill ready
•380MMbo(Matd Est)follow up in adjacent structures
•Very low cost drilling (c.$1.7MM)
•20% chance of success(Matd est) better than most high impact frontier wells
•Precedent set to retain adjacent exploration upside in Exploitation Area
•Potential to be on stream within 2 years
and help to meet the needs of the Mongol
Refinery on start-up
Contracting on- going ???????

https://www.petromatadgroup.com/wp-content/uploads/2022/12/LSE-6-12-2022-Petro-Matad.pdf

In section as I lost the posts..
Comparison on drilling
He1 1200m estimated time 30 days
PRD 1500M, think its 2-3 weeks, raised £3.3M entirely for the drill
Matd, 1500m 20 days $1.7m(Mongolia cheap)

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Igas, down hill on the change to Fracking,, Up when first hit the media, all speculation...

Just lost the flaming post...frustrating...

I will have another look at Matd then as I understand to a low level Cos, and watch oilers, still lots I do'nt understand.
Think its a traders share too looking at the peaks and dips... so timing..

Txp first, then Matd..

lol, too much stuff...........................
Overload..
88e, last raise to cover some bits and bobs, next raise the full wack.. people talking discounted to 0.4p, I assume from 0.5p , who knows..
I think PANRs out come will have...

GST 0.71p
"to become the FIRST FCA approved block chain services provider" not sure about that statement, surely all money services are FCA approved ? and there are already financial services using block chain service providers(the technology)
Are they providing block chain services, or services such as money lending using block chain technology ?

@ID, I have attached a graph covering 2021 x3, until raise, then idle 2022 where it still doubled, and 2.5p appeared to be roughly the bottom... now its back to those levels... and to think I said too risky lol
Not sure what it will go to on just the exploration well, and there are months to drag out the producer.. Mmmmm, I dont know..... whats the drilling season..
From here 4.5p is 50%, looks do-able
TXP 55p, 83p looks do-able too lol

Events added...
https://invst.ly/zs1qs

I believe they have the exploration well to drill, even if the access issues around the production well persist..
Did they cover the worth of the exploration well ?

Sitting tight for a drop, dropped

Two videos to watch