Member Info for Hertstrader74

popped down a little, probably some more placing stock flipped, am expecting a retest of 4p this afternoon so cheap sub 4p

Very hard to buy in bulk Max i can buy is 50k at 4p

good solid day so far, 3.4p clearly the bottom and we are still in an uptrend with the 50dma. Sellers are getting less at each tick up and I would imagine there are a lot of buyers on the sidelines wanting to get in before rig confirmation

well we have twice tested 3.4p, so I think it's fair to say we have found the bottom of this current trading range

Agreed, having just watched it I think it is a fair presentation of the situation at present current market cap is just over 30miillion, Very undervalued

I would rather they took an extra week or two getting the right Rig team with the right experience of the terrain and at the right cost then rushing into the cheapest / available outfit. A huge year ahead for Petro Matad when we should be producin and selling our own oil. I am very confident this will be the outcome come summer and I am more then happy to hold onto my shares until then. We are sitting just above placing poised for a large rerate when news does come (Just look at our puny Market Cap) 899 million shares in issue and fully funded. I for one don't think the board will be sat on their arses doing nothing all year

Very low volume today, lowest we have had in a while

creeping up nicely again I am more than happy to take 6-7% a day rise before news

Nice to see it up 17% at one point and consolidate in the afternoon. I think investors are now loading up at these bargain prices, not really that long to go to the company making drill season starts and we produce the black stuff

need to clear these pesky sellers at 3.75p. Short sighted to sell at this point in my opinion but sellers can only sell once Sub 4p will look a huge bargain come May

people were paying 4.75p last wednesday, I bought 270k more at around placing price yesterday as it was such a bargain price. Our News rich period is about to start with the imminent RNS on Rig Contracts

not really the day to sell in my opinion, so much so i bought another 270k This will not be this low in a few months

Agreed that we do need the Rig contract RNS fairly soon, I would be dissapointed if we dont have it by the end of next week

markets in turmoil, could not resist buying more here today (we do have oil)

crazy, and below placing price so flippers wont be selling down here, probably PI's selling at a loss from the 4s Just fear in the markets in general about Russia and Ukraine (we are in Mongolia)

Thanks to the sellers just bought 272,790 shares for 3.5688 and now happy to wait

Remember, we have already found lots of oil at Heron, we are fully funded and should be producing oil by end of Q2, we have the last placing overhang to churn, and i take a lot of encouragement that a 6.1 million placing flip took less then a day to be bought up, with current volumes it will not take long to flush the churn, I have put my money where my mouth is and feel at this market cap and share price we are very undervalued, I am targeting 12-14p come April as an area I will slice. and if we dip further from profit taking or churn i will be adding more

Some lucky investors were able to buy at 9p on Thursday, and if your quick you should be able to get sub 10p first thing tomorrow

was expecting more volume this afternoon, got to be a large part of the placing flipped today alone?

fully expecting OEX to push past this 0.2p resistance this afternoon which will then act as solid support