Member Info for JohnHenry

Around 9Million shares dumped so far today.

Bergen need to finish before any move North can happen, after today they will have around 25M still to dump.

Aimho

Looks to me like Harvest plan to acquire Geocicio @ some point.

Its worth remembering that Snow Leopard was not the original well choice in Block V but Falcon.

AND ? AGM date was set for the 20th Sept on the 24th July not on the 24th August, therefore implying the AGM date was set towards the middle end of the drill.

over and out

24 July 2018

Petro Matad Limited

("Petro Matad" or the "Company")

Notice of AGM and proposed Board changes

Petro Matad, the AIM quoted Mongolian oil explorer, advises that the Annual General Meeting ("AGM") of the Company at which, inter alia, shareholders will be asked to receive and adopt the Annual Report for the year ended 31 December 2017 will be held at 4pm local time (9am BST) on Thursday 20 September 2018 at Blue Sky Tower, Topaz Conference Hall, Peace Avenue 17, Sukhbaatar District, Ulaanbaatar, Mongolia.

AGM was called on the 24th July 14 days into the drill, you still suspicious ??

SBB1 your just quoting the MMs normally market size not whats is on offer.

You can buy 100K plus @ 8.3p

Phone your broker to get quotes.

So your valuing MATD @ £3 Billion on farm out news and oil at WH. LOL LOL LOL LOL

Dear O Dear.

Dont forget AAOG have a MKT Cap of 13 M against MATD 60M

Mr P i am in both, far greaster investment in MATD.

AAOG are you forgetting the DJENO sands, and the possible Vajni exploration in their drill.

AAOG RNS

On 15 August 2018, the TLP 103 appraisal well was spudded using the SMP 102 drilling rig. Whilst drilling through the shallow section a number of drilling challenges were encountered, caused by localised geological conditions, which resulted in ground movement that impacted the safe operation of the rig. Initial inspections show no damage to the rig. The events occurred before the well had reached any of the target horizons. After a number of attempts to overcome this problem it was jointly decided by SMP (the drilling contractor) and AAOG to cease drilling, abandon the current location and move the rig 100 metres to the north west and re-spud the well. The process to prepare the new location, move the rig and re-spud the TLP 103 well is expected to take approximately 25 days. Following the re-spud it is expected that drilling will take 64 days to complete.

In addition to contingencies in the drilling budget and potential offsets and claims under insurance policies, the Company has available to it offers of debt finance sufficient to meet any cost overruns due to the delay and need to re-spud.

Brainer deliver all the facts, AAOG over run cost covered by insurance. Delayed 25 days.
3 targets during drill. 2 known oil discoveries.

The RNS is very luke warm on SL and makes a point of highlighting the attraction of wild horse ?

Market for SB is still for closing Trades only for MATD through IG

Absolutely Mr P ive been SB with IG for over 25 years

MisterPositive ColonelDrake ive never heard such Tosh.

Take a little time to understand how spread betting companies operate and MMs book running in small volatile stocks.

MMs are running a balanced book, Neutral. Whether the price goes up or down on news the MMs will earn on the spread.

Nope but its easy to work them out. With MATD each MM has a 10% spread. so easy to trade inside the quotes.

Ojay, im not saying AIM isnt manipulated, it is but not all the time on every share. If you watched L2 you would see there are only 3-4 MMs making a market and moving between bid and offer every 100-150K