Member Info for kr1988

This is the issue, I’ve watched it closely today, it rose 10% then shot upto 30% but within 10 minutes it had dropped right back down. Just looks like people jumped in pumped it abd then dumped it.

I agree people were prob trying to trade it between the news dropping and the rns dropping. The next rns needs to confirm time scales for the repairs and when they plan to drill. The market cap is like 6 mil so lots of room to grow and potentially do what matd has done recently.

Just risk of the placing do you gamble and buy now or hope the next raise takes it under today’s price.

The well has been approved now so that’s another step forward. Maybe an update on Monday with the finer details going forward? I think they have quite a bit of work todo to repair the pad and the airstrip so may take a few months plus the rain over their might cause problems like before.

I am tempted at these prices….

Well this is the issue, I’d expect another raise at least before drilling as that last 1 mil won’t go far but when that’s drops hopefully it will go on a run.

I think a flair pic will start this off, it will show that the water is all out now and that flow testing has begun.

I’ve been on the sidelines for a while, when the licence drops can they crack on with the repairs? How long will these take?

Not mentioned this in ages, apparently the license has moved forward, not approved but been updated on the online portal so this is moving forward now.

Still a few doubts but could be worth a shot when this starts to move

Congrats it’s up 13% today however the spread is quite high, fingers crossed this is the start of a rerate for you

I wouidht have a clue how to short but do you disagree with the numbers?

I suspect 189 is a reporter based on his headlines.

The person/ group claim we will generate between 70 and 140 mil based on his calcs, below;

$56M-$112M Net annual payback on a 80:20 split

$35M-$70M Net payback ANNUALY on a 50:50 split

$21M-$42M Net payback yearly on a 30:70 split

70 mil is reasonable but 140 mil suggests that someone invests and takes minimal profits. It could happen but something tells me it won’t occur…..

Maybe update your headings to be a little less misleading.

If you think it’s acceptable to mislead investors feel free to comment to this thread.

I’ve never looked up that telegram group or any others so I don’t really see the benefit of them.

But tenbag you spend your days sat on this board reading messages, googling Mongolian news sites and post here. I’ll go out with the kids do constructive things with my kids half term. Dip in occasionally and make money when I can.

You may make more money than me off this share but who cares if your sat in a bedroom all day on this bb your the real loser……

$70M-$140M Net Payback per Annum, incoming for the Petro Matad balance sheet - Without any Renewable, New Block or Gobi factored in yet.

Have I missed something and have the terms been confirmed? Is it 50/50 split? We don’t know how much of the profits we will receive so this is all just rubbish right now….

Yeah well this is the issue, it’s one where it could go up or down. Usually I go for ones im confident will go up but with his one I’m not sure if their is another drop to come before the major spike. If their is one…

I agree with that Horult, bank a good profit and if you don that a few times a year you will be doing well.

Their might be one more trade in this when results are due run a few 10% spikes but it’s risen about 50% so not worth risking it for negative news to drop and you lose that profit.

What are your thoughts on he1? Do you think that be a good play in the coming months?

It feels an exciting time right now, hex is doing well, I was late to the party but made some money so happy to let it run a bit longer.

He1 is due to flow test soon, I’m not sure they are fully funded but you can make 25% in a few days their look at last week for example. So one you can make money on.

Pant they have drilled and are just cleaning up the well so flow testing is just days away too. It’s gonna be a long term

Well test but it’s been creeping up the last few days so another option.

Very exciting times right now. I’m in hex but sold out of Panr at the last peak so not sure if to go back to Panr or split the money with he1.

Yeah matd has risen on the back of gazelle results but could drop at any point as their waiting on results for heron 2 plus id expect gazelle to drop once online as 350 is way above average in the area so I think it will drop soon.

Eog I will keep an eye on as if that drops the sp will go wild so could be a good trade getting in at 8

Im sorry Bline59 did I say something to upset you?

Nope I don't, we all know why but to not appear a deramper im not gonna post the reasons.

I said im looking to day trade this, that means I think the SP will rise today.....

Oh no thats sooooo negative to say lmao

More attacking from Margaritas the MATD pitbull. Posts nothing just attacks people.

Who did I defend in my last post?

"I thought the same tbh Im tempted to jump in today for a cheeky day trade. Still not convinced about this share however it does like a spike so tempted to put some spare cash for a day trade."

Honestly thick as.........

I thought the same tbh Im tempted to jump in today for a cheeky day trade. Still not convinced about this share however it does like a spike so tempted to put some spare cash for a day trade.