Short term gains28 Aug 2025 16:36
It seems quite an exciting time currently and potentially some short term gains to be made.
Firstly Matd they are working on heron 2, the rns the other day said 20 days to acidise the well and complete a well test. Mb is confident his wil sort the problem as it was doing ok before so hopefully his extra help will help it become commercial. However commercial is only 50bpd so not a high bar!
So that 20 days takes you to 8th September we so I can see a rise in sp next week abd maybe a fomo Friday next week.
Panr they are lateral drilling, no one knows how long it will take but the bb believe the results will be known before the presentation on 9th September as they are presenting their finding and plans for a flow test in October. So again next Friday should see a fomo Friday like we had the other week
Finally on my list hex, hex is currently doing a flow test on Inez 1, with results due circa 8th September so again we may get a fomo Friday howrver to note hex has done Friday rns before so the update could drop late the week before.
All three have pulled back a tad so all offer a real good buying opportunity, it’s just which do you go for? Matd is rock bottom so is the best on paper but the recent placing any rises could be sold into. Hex has bagged recently and Panr has risen 40 in the last month. Deffo hard which ones will offer the best returns….