Member Info for kr1988

It feels with Prem they are just hobbling along, just about scraping money together to get bits done, it wont be ready until Q3 so July at the earliest to get it up and running.

Yeah its a good result, im tempted to go into MATD as its usually a good traders share, the risk is if they raise. Right now its a bit high but its a case of buying before the next operational update but not getting in too soon that the SP pulls back a further 20% before the good news drops.

Your right about the figures, maybe they are trying to over complicate things on purpose so people believe what they say, also its only the interim so not official until further testing is done.

Im sorry it didnt race off for you but glad /i sold almost at the top it makes me feel better lolo

The SP spiked up 15% now its like 5% down..... As always it seems to be sell on the rumour....

Well done dai for holding!!!! Looks good so far based on that rns.

No I use my phone to trade.

I guess someone is trying to sell up before results, that's a big sell going through. Its up 8% today which is really good, maybe this sill be the one to actually make a commercial discovery.

Thanks Doc, they can’t be far away from coming over to matd, I got in before the fundraise last year so debating if to get in now or wait a month for a fundraise….. I want to get it right this year lol

One for you to have a read, one company here offers a 7% divi each year and I know you like your divi companies

https://mol.im/a/14659887

Just been on the Matd bb and it’s full of loons honestly, however one good poster has picked up on work been done in block 19. Looks like the country is opening up again so maybe a good time to get into matd. The risk is will they do a raise or not?

Which block is matd in again sorry? Hopefully matd will have a crew with them shortly to start this years operational projects.

Thanks for that, reading the bb the other day I think the issue was that the Weil well was land locked round the helix licences so maybe he has to get the licences to get the Weil well producing and everything else is a bonus maybe?

The Zeph bb has been quite active today, Zeph have posted a brief video showing the flaring and it appears to be going well. I’m glad it’s a bank holiday or I’d prob be jumping in buying lol

I guess the issue with lots of wells into rudyard is it will increase the revenue but it will deplete the resources quicker. In a way they are better only having a few holes and making the helium last longer

When are they drilling the 4th well, was it later this year if I remember correctly. By well 5 they should have plenty of profits to pay for it.

Its market cap is 26 million currently, surly with 12 million of revenue a year it should be least twice that price? With it being aim its hard as its based on sentiment and people don't buy for long term gains. You see some exploration companies with higher market caps than companies in production because of the potential upside of any drills.

In year 5 years time (could be sooner) their is no reason why they cant give out healthy dividends so if you held now for 5 years you would be rewarded but their will be drops along the way.

Well this is it, zeph the spread seems quite high so not gambling on a fomo friday now, hex if it gets that low again ill pour my spare cash into that as it should come good within a few month as the market cap is so low currently.

Well the RNS suggested a very good long term future with the oil and the potential to drill a 4th production well. The plant people did a site visit in prep for the summer so in theory it should be a good 6 months so I should just hold lol

Hex or zeph?

Thanks for the ai narrative dai lol

But deffo one for the summer as I can’t think of much else.

Aex they have been looking to drill for about 3 years now lol