Member Info for DazzerG

Scenario

Share Price Target

Reasoning

Small Win

0.7p–0.9p

Within 1–2 weeks post-news, before retracing

Moderate Win

1.2p–1.8p

Based on resource potential, probable fundraise at higher level

Major Discovery

5p–15p

GGP rose from 0.5p to over 20p post-Havieron. Red Setter is geologically similar.

Break-Even/Fail

Does anyone know the name of the company that Wishbone have sub-contracted the drilling to please?

Genuine question… Does anyone believe that Wishbone has hit Gold and Copper?

Bloody hope so..!

Hello Doc

I’ve enjoyed your commentary over the past several months. Most of your predictions have been correct.

Being a LTH of PM, I sold the last of my remaining shares earlier this week.

Yes I took a loss - but actually it feels refreshing to get away from this cowboy outfit of a so called organisation.

Have now invested elsewhere and increased that investment by 77% so far. (It shows there are some positive opportunities out there with AIM companies).

With MB’s constant BS, he has basically led a charmed life. I was no longer prepared to fund his (and his team) lavish lifestyle.

Good luck all remaining shareholders - you’ll need that luck. That’s if PM remain as a company for much longer - although I doubt it.

Quite simply Mike Buck and his Petro Matad cronies…. Bunch of robbing bast**ds..!!

Give it a few more months (if they’re around that much longer) - and there will be another raise.. probably down to 0.4p at best.

To all the rampers who have BS’d on this share for years - you also have continually ramped and hiked this share, and have time and again been caught out. Rampers - you should be ashamed.

You can send abuse to me if you wish for my opinion. I don’t care - since I have green filtered most of the rampers - so will not see the abuse.

Take care LTH’s…

Tadger1 - that is an amazing and heartfelt post.

I completely share your point of view.

In truth most genuine long term holders on here will 100% agree with you.

Petro Matad leadership has basically enjoyed a very comfortable lifestyle off the backs of the shareholders hard earned cash.

Good luck with any future investments.

Hello all.

Firstly I’m neither a ramper or anyone who wants to see PM struggle

However I became so fed up with how PM are being ran, I sold a mass majority of my PM shares a few weeks back.

This was always compounded by MB and PM always releasing very poor RNS’…

As such, and this is not a pitch - but decided to invest in Wishbone Gold

So far so good…

The point that stands out to me though is that the RNS’s released by the management team at Wishbone are amazing. It makes people excited and positive.

The PM RNS’s usually are tainted with issues etc… so shareholders feel deflated and not positive.

Something possibly for PM to learn from.. Just a thought.

I hate to say it - and without stating the bleeding obvious - but we are slowly but surely dropping like the proverbial stone to the sub 1p share price territory.

Whoever would have predicted this 12 months ago - let alone 8 years ago..!!!!

Obviously a raise is on its way soon, and once again shareholders are going to be fleeced by Mike Buck and his merry gang..

Partial payment - PM quite simply could not organise a p**s up in a brewery.

MB ‘s RNS announcements are notorious for being crap..!

As such - same again.

Petro China are obviously playing a game.

Imagine paying any other supplier in the world, against a contracted agreement with payment terms etc - and telling that supplier you are withholding 30%.

That supplier would a) tell you to get lost, and b) charge late interest payments for all the missing or unpaid amounts.

Markets not open yet, but I’m taking a wild guess the share price drops again today..!!!

Sadly, and with a heavy heart being a very long term holder (LTH), I took the painful decision to sell a high volume of my shares yesterday.

I was already down 62% - so basically was trying to get some money back before this loss becomes even greater.

I used to have such high hopes for this share and Petro Matad - but due to the continued incompetence of the management at PM - I simply could not risk any further losses.

As per the words of many on here - and to the rampers, these are people with genuine concerns (and hence not trolls) - us genuine LTH’s have simply had enough.

It’s turned out to be a car crash of a company.

It appears with the volumes of shares being sold / dumped today - the word is out and it would appear the muppet (MB) and his cronies are about to trigger a raise.

It appears to be a case of sell whilst you can.

LTH’s - sadly it appears we are about to be further ripped off.

Thanks to Mike Buck, his minions - and the catastrophe that befalls us - I have just checked my share holdings for Petro Matad and note that I am as of this moment, down 60.8%…!!!

If I could sell, just to break even, I would.

Unfortunately, to sell now at a loss if 60% - then I am stuck here and if anything will stay and simply lose 100%..!!

However, Petro Matad and Mike Buck will never ever get any more of my hard earned cash. This feels like a rogue company now..

Rant over..🤬

Thank you Mr Buck and PM for screwing over the vast majority of the long term holders of PM shares.

To the Petro Matad board of rug munchers…..

Thank you once again for another fine example of how to screw over your long term investors with another RNS catastrophe… !!!

If PM had been FTSE company, this clown (🤡- - MB) ) would have been removed from his role years ago.

Mike Buck.

On behalf of the majority of shareholders - tender your resignation with immediate notice.

Do not expect or accept any compensation for your resignation.

You have continually been out of your depth in this role.

“PetroChina has asked Petro Matad to get confirmation from the authorities that there will be no customs, VAT or tax charges levied resulting from the Oil Sales Agreement. The engagement with the authorities is underway.”

As usual Mike Buck and his merry band of warriors have once again failed to carry out the basics for due diligence and governance.

The above statement should have been carried out on day 1.

It simply beggars belief.

Sadly I think shares will plummet today.

So, just checked my current Petro Matad share price - and I’m now down 64%…

One of life’s regrets, but I so so wish I had not bought these shares.

Thank you Mr Buck (not)..!!

Well said Master.

I’ve been saying the same about Buck for a number of years.

If PM were a FTSE 100 / 250 company, Buck would have been booted out / stood down - by the major investors a number of years ago.

Something about the management team is rotten to the core / yet they continue living lovely lifestyles on the back of all investors.

Change needs to happen now..!

Hi all…

As per my subject title, and of course this is just a personal view - but I am getting more concerned on a daily basis with the shenanigans of the Petro Matad world.

The share price is rapidly falling towards the sub 1p levels. Most who may have read my previous comments will know my thoughts about Mike Buck. Those thoughts are not positive.

To be frank I would not let MB be in charge of looking after my dog - let alone this company. !

Stock / Espen - you do not need to respond thank you, as we all know your combined thoughts with regards Petro Matad - since we all drown every day with your volume of comments.

Genuinely chaps - please massively reduce your daily volume of comments.

…. I took the decision last week after being a long term investor, (circa 7 plus years) to sell half my volume of shares with PM.

Yes, I have taken a hit - but looking at the current landscape with PM - especially under the continued shocking leadership of Mike Buck - I decided to take a big hit rather than an enormous hit.

I will continue to keep half my remaining shares in PM, just in case something magical happens and I can at least try to recover my losses… (although I doubt it sadly).

Good luck everyone, especially my fellow long suffering LTH’s..