Member Info for john0011

Just listened to malcy on vox, he sounds positive with this one now !

Remember, although it can be impatient waitng, those Rns will land at anytime, then ........

This is incredible the assests here, a mountain of Black Gold. That is why the chinese are now involved and leading up to that ‘ Green Light ‘ ......,

Getting near that Feb deadline now, then who knows what will happen, Exciting stuff here ...,

Thanks Money, interesting Panthera have received first payment and would indicate confidence this will be favourable

Hi money, this looks a winner. Can you tell me the companies expected announcements for the year. Thanks J

Money, this looks good, with great potential and not a lot of shares in issue.

With last week’s incredible rises this was due to pull back a bit before next upward range. 2019 is going to be big with the drills due to be announced. Interesting to read oil seapage has been found in the Fox area and is usually a good sign.

Crap

Looking forward to another week here, such a good share to have. New Management on the ball.

They know 2019 is the year for Petro Matad under a new management and ambitious plans .....

A lot coming up for the company this year and looks bright. Regarding the arseholes that have suddenly appeared i thought this was a good reply from a fellow poster to one of them :

Block XX has a very high CoS The first well is an appraisal of a discovery well only 1km away!
One successful small drill on XX is worth more than 8p a share. So a few successful wells on Block XX will see a very significant return and a very much higher share price than 6p and I suspect the sp will be a fair bit higher by the time they drill.

I remember I invested in GKP at sub 10p when I read they had oil seepage to the surface, sadly I sold at 28p. Fox has a similar seepage and the oil reserves there could be massive - in your slightly sarcastic post you forgot to mention that. But they have a choice of big targets, you forgot to mention that fact aswell,just quoting the back-up ones that should provide cash flow to enable MATD to drill the bigger. I'd love to see them make a discovery. The odds are reversed though, over 70% chance of success here, over 70% chance of failure there. GLA.

PS On the basis the sp should be around 10 - 12p, if Heron is worth about 8p it is fairly simple to work out where the sp is headed. Add in increments of 8p per successful drill! Any oil can be monetised almost immediately and will be trucked to the refinery.
These are reasons this is coming under the spotlight.
I have seen posts moaning about MATD's performance a few years ago. This is a totally different beast with a new management.

This time is different, oil is seeping at Fox

Exciting times coming here :

2019 Mid case oil strike - 100% owned

Red Deer-1 48 MMBO circa 32p a share (May?jun 2019 result)
Fox-1 200 MMBO circa 132p a share (May/Jun 2019 result)

Of course, thats not taking into account all the other prospects being derisked if they do strike oil…which adds yet more value.

Happy days 100% owned

Great share to be in now and lot’s going for it now. Market Makers trying everything to get those shares.

This share has so much going for it, market makers desperate to acquire your shares. With a 75% COS and drill rigg announcement soon, this is going to be good ....,

Exciting times for us, with rig to be announced soon and then on to drilling . The market has woken up to this one ....,,

Yes mp looking good. This has a valuation report of 40p from Edison, and that could turn out to be conservative. Not a lot of shares available either

The markets are reacting now to this company and know there is a great chance of success this time. I am so glad I am a holder here and will not be parting with any of my shares. Like the positive vibe now

The 75% Chance of Success attracted me to this company and drilling coming soon. Money in the bank and not a lot of shares in issue, Opportunity here ......,