Member Info for kr1988

Hamm your correct, the big bet is Heron 2 if that comes in we will rise a wave through the others but if that one fails I can see it being a long slog these few months and investors won’t pile in for the 50/50 nor the previously none commercial well.

I think Heron 2 being commercial will do this bb a world of good, it’s been a while since we have had some good news and something to look forward to.

Miners seen to be hot property prob safer than the boom or bust of o and g. I’ll check them out today flat white thank you

The companies taking to Matd could be anyone. Call it fud but what value have you added to this board?

I’m surprised no one else has posted about this, Invictus Energy (ASX: IVZ).

Below is an extract of an email I was sent yesterday morning.

IVZ was up over 300% in two days on extraordinary trading volumes…

IVZ announced an incredible deal where the members of the Qatar ruling royal family have basically promised to fully fund IVZ’s entire Zimbabwe oil & gas project into development and production.

And invested US$25M for 19.9% of IVZ.

AND IVZ will get a 10% free carried interest in a new, Qatar-funded Joint Venture mandated to find and develop African oil & gas projects (in return for IVZ operating it).

This week's IVZ announcement had three parts to it:

A senior member of Qatar’s ruling royal family has invested A$37.8M into IVZ at a 79% premium (9.5c) to the previous closing price (5.3c) to acquire a 19.9% stake in IVZ.

PLUS they will provide up to US $500M in conditional future financing to bring IVZ’s Zimbabwe assets into “commercial production”.

AND IVZ will get a 10% free carried interest in a new, Qatar funded Joint Venture mandated to find and develop more African oil & gas projects.

And that Joint Venture wants to become “the largest private Qatari E&P [Exploration and Production] company with interests outside of Qatar”.

That has to be the best deal we have seen any ASX small cap oil and gas stock do in years (if not ever) - especially that last component… how big could that Joint Venture get? Who knows.

Just shows that some of these big players are diversifying outside of their own countries, matd may not be on the radar but who knows….

I think it will be a good few months here, I’m hoping it will reach 50-60 pence but even 40 will be good for me, anything above 40 will be incredible.

True true lol

100% dai bit dropping to 2mil is crazy low for that company, I remember it dropping I should really of brought in at that time! right now it’s 30 mil but if it reaches 0.2 again it be sat just under 15 mil so I think it really has a good chance of multi bagging, right now I find aim seems full of multi baggers so this has potential written all over it.

The only issue is that we cant invest in the same company or it goes wrong. Do we flip a coin who can invest lol

Likewise I hope we all make money here.

Yup do as I please mal, I did say if things change I may buy back in which I did.

Stas I think the fomo Friday will be next Friday, the drill should be done more or less next weekend so I think the sp will shoot up next Friday, we should see a gentle rise into the Friday I’d expect as others position for a fomo Friday

2857 you can bail as many times as you like, hl charges me 12 quid a transaction so buy and sell costs me 24 quid.

Below is my post your referring to

I've just sold all my shares in MATD this afternoon, I made 10% ok for a short period.

My concern is this payment due next week, if it comes great but if it doesn't and China aren't playing us I can see this tanking so I'm not gambling on this one.

Hopefully I can buy back in after the news at a similar or lower price than I've sold. I hope the payment comes through but not gambling on this as the Chinese cant be trusted and MB hasn't suggested that the payments going to come through fine.

Soooo what happened Monday? The Chinese paid up easing my fears so I re brought in, I think the sp rose 2% plus 12 quid trading fee so not a huge loss but I mitigated the risk and secured my profit from the trade before.

Investor I do know the difference more or less, however before it was a slip and I typed the wrong one. If a farm in is agreed the sp shoud fly but they have been taking about this for years. I’ll be honest I happy to hold for heron results but the other two I’m not so confident on do I’ll be gone before then and I don’t see the farm in being complete until the testing is fully complete. The way the sp reacts is key for me due to my trading style, like the others I’m sorry I don’t buy and hold long term, I like to move in make a small gain and move on.

Margaritas if you look at my posting history you’ll see I’m legit I post on multiple boards and have a few friends on a closed share ‘gold’ where we chat about different shares. You’re the one who holds these freaky lists and comments by people. I mean wtf??????? That’s reallly not normal no one else does this.

For me the next week will be key, how does the sp react to Heron 2…. If it’s a good result do we see a big rerate or a slight spike and only a small increase by the close of play. If we get a big rerate I’ll look to hold it, however if it’s only a small increase I’ll sell up again as that will suggest the market has given up on matd.

This has potential but needs buyers to drive up the price.

They are always shady they don’t care about the lth just new money coming in. Why didn’t they just raise 10 mil before instead of doing it this way.

I love the he1 board that pub crawl is seriously a loon I see your taking with lol

Correct yes, once the cash flow increases it can be used to do additional drills off the profits. how many wells can be drilled on the heron field? They talk about heron 1-5 but long term could their be a heron 6-10 for example?

Oh yeah dai I agree, I bet those rns were done to help the investors sell into the good news at a nice premium. Why did they not do the raise and update at the same time very very naughty….

Another 1.5 mil converted at 0.42 that’s 10% discount if the last days price so that’s gonna take it to all all time low. I understand why they call this a death spiral if they get this wrong the next drill it will decimate the company raising at these levels.

I did sell Panr but right now it’s at my sell price so I can buy back in a few weeks later at the same price. It spiked 40% on successful down hole drilling so I’d expect it to do the same so I’m tempted to buy back in their. All they need to know is that the drill was successful and they plan to flow test it, we get all the upside without the risks associated with it.

Matd I remember Zeph and it was useful but I think they were in an alkaline area that’s why it was so effective I do t think matds is quite the same. I think this is meant to help flush out some of the drilling fluid so they can reach the oil.

Qed I’ll add that to my watch list as it appears to be on a 3 month down a trend but is that crazy spike not long ago.

He1 that just keeps dripping right now it feels like catching a falling knife, might be better to buy back in when it recovers. The market cap has fallen down to 31 mil which seems low for the amount they have raised but I think this will be a good play in q4 as the heard like this one. They are funded and if it’s positive news like before it wouid go on a crazy run like before abd bag 16 times which is crazy!

I just remembered hex haven’t announced their off take partner yet which is strange so close to production so that news could drop at any point.

I’m looking forward to see how much they get per mcf, the $500 per mcf seems really low so be good to know how much they achieve.

We haven’t heard of any off take agreements yet have we either? I’m surprised these haven’t been agreed presuming production is around the corner.

This used to being in the heard but the volumes are very low. Hopefully we will have a few good days and the heard will come into it and send the sp flying.

I think the investor knows this is easy money so prob not worked but the investor knows getting in at 5 it wil prob double before results are in and it’s only a million to shift so not like huge sums of money.