Member Info for maestro1

Does it feel right?

Blue

But what if the company is russian?

Jaytem

Russia are being reasonable.

I suppose you were for the iraq and afghanistan wars

Maybe bidder taking adv of situation. If russia attacks ukraine.... sanctions...

What do they plan to do with large £100m in bank.

Kind of strange they dont want to do deal with big player but someone similar size to them.

If its big i go with big boys..

All mkts are bad cant blame lnd here.

Looking forward to mre which will hopefully give 1.3Moz indicated and inferred value combined.

Will be tough week but will get better.

Exactly many got blocked from a board its like we live in russia, censorship.

Regardless its getting interesting here again. Usually when spud sp goes down but testing old well same time.

Biochelm

They actually found oil and and did a test of over 800bopd. Lol

There appears to be overhang since yesterday. Hopefully will be gone soon.

Master82

Not certain of placing here. Large overhang has come from somewhere..

FairAnalyst

You are right they are fully funded for block xx but maybe block v exploration, they will lose license next year and Mike Buck did say they cant extend as its in Mongolian law.

Its a theory with all the games going on with mm's. All buys going through decent size but sp struggling. Last july progressive reasearch released report and in next 7 days there was placing.

Lets see.

Whiteman

Few theories why sp fallin with all these buys

1) placing overhang from july
2) large seller in background
3) forward selling for a placing

Mkt cap is low, weather the storm, should be over 7p.

Imho

Seller magically appeared after yesterdays broker note.

We had one in july from same company and 7 days placing.

Are matd raising for the raptor trends?

I think the only other reason is forward selling for a placing.

Lets see, this is shocking. Forward selling should be banned.

Gordy

Its gonna pop, only one MM on 4.4p and then 3 on 4.5p.

Patience..

Mm's happy to take large chunks at over mid price.

Next mm on 4.4p. This will surge.. im sayin 7p within a week or so..

Look at the valuations of both panr and 88e, one has mkt cap close to 600m and the other 333m.

Matd only has 37m, in matd acreage they too have billions of barrels of oil in place. Unlike the other two matd actually going in production this year.

Misterpositive

They increase barrel of oil by only $5 and the ReNav jumped 30%.

High margins..

MisterPositive

Exactly, the volume has been very good last few weeks and i sense it will remain.

Real positive is that the ReNav has increased to 29p, oil assumption has increased from $55 to $60.

I wonder what the NPV would have been if the use $90 oil.

Come on what was your past alias?

Munro?? Just signed up to lse forum