Member Info for JohnHenry

MR P the SP will rocket or crash depending on the drill results. Until then expect the SP to continue its downward trend.

Let the trend be your friend.

SBB1 . its not about the amount sold its the deception and possible insider trading.

On one thing we agree Fundraiser its not the amount its the underhanded way it was done. She knew about the Placing, sold before and didnt inform the market.
She could actually be prosecuted for insider trading.

this morning to gauge the overhaul sentiment over Million shares sold 50k bought

Imho i dont think theres any appetite in the market to buy much higher than 10-12p prior to any news.

The Market was hoping for a spud rally, however the placing has killed that along with sentiment.

The SP will hang around here until the drill bit speaks.

Of cause there is the chance the MMs pruduce the odd pump sucking in punters thinking npositive news.

the market has got it, that MATD is actually drilling Day 3

Explanation as to why they raised funding in June.

http://www.lse.co.uk/media/exclusive-petro-metad-go-for-broke-with-6-well-fully-funded-programme.html

I suggest you look @ other companies that have had excellent drilling results and look @ their market caps.

50p is a mkt cap of over 300M crazy.

But unfortunately not for the share price LOL

still all over this, hopefully presentations may improve sentiment.

The continuous 100K sells are placing shares imho

Mr P i would have like the company to report on progress as they intersect the target zones rather than on the completion of drilling.

Maybe thats something that can be put to M Buck.

Then whats the point of the presentation Fundy if its just a copy and paste of the recent presentations.

I would like to hear the reasoning behind the recent placing @ 10p.

Stealing any limelight from ECHO today.

sentiment and trust that has been killed off here. Will hopefully return on positive drilling result.

Hopefully Bucks explanation regarding the reasons behind the recent placing will improve sentiment.

GKP is on its way to producing 55,000 BOPD with a monster asset but still only valued @ 500M go figure why???

An economic discount, Markets will first and foremost look @ the Country of operation.

We already know the whereabouts LOL

settled down for the first few hrs and form some direction. At present demand supply is balanced @ 18p

Unfortunatelty there is economic risk with Argentina so this will be discounted in the price.

Discount are applied look @ GKP whose SP carries a huge Political discount