Member Info for maestro1

Recoverable factor at heron is between 30mmbo to 60mmbo, so lets take 45mmbo.

If we value a barrel at $5, thats a value of $225m. This is only Heron alone.

Awaiting land permit and we at the racers..

Current mkt cap 33m

Badprophet

LP is a biggie if that lands, they can go straight to production once rig available.

Mean time raptor well, Buck said they can drill it in winter. Ask him question at agm, will they still drill in winter now permits and cash sorted..

Clearup will take 10 days according to last rns.

So delay of around 2-4 weeks?

Lets see how she holds..

Surf

Where you got 4 weeks?

19.20

Why would they release on 15th? They will only release once blockage cleared.. can take more time..

We need panr to release the well rig.

They still havent remidied their blockage.

Geng

Im really concerns now, we didnt sign upto this when he wanted us to agree deal he madenit feel like it would be easy, we deserve an update.

You get directors who dont care about shareholders, unbelievable how he is treating shareholders.

KYC doesnt take 4 months, i know Kinross deal was delayed cos Sviblov financer was sanctioned is it really something to do with that maybe?

Sp over 40% over placin price so its good, new shares get listed on tues.

If diamonds were coming asap there wouldnt have been a placing

It would be nice if we get drill date for raptor on wed, in dec Buck said mid q1 to early q2. We are in that territory.

Also he said the minister assured him the land permit will come in 1-3 months back in oct, we are over that so it can be imminent one can assume.

You do know you can forward sell, where do you think the volume is coming from? Over 250m since placin rns.

Following this company ever since shell pulled out, i will say one thing, petrovalis has been very loyal shareholder, always backed it, even loaned it money when times were tough.

When company has Enterprise Value of around £23m, you have to take notice. Matd are significantly undervalued.

Ask the question, its not difficult.

"Shareholders who may not be able to attend the meeting in person but wish to ask a question are encouraged to contact the Company prior to the AGM by email at ir@petromatadgroup.com . Any such questions should be submitted so as to be received by the Company not later than 48 hours before the time appointed for the AGM ."

Cant see why it cant be there now inc the new shares in issue, so 4p plus..

Thanks furion

Doc83

They were and are fully funded for heron development of few wells.

Raptor well always needed cash and they also want to bid on more blocks.

Furion

Do ii allow you to put your share alotments straight into your isa account?

Jung

Ceo doesnt know how long it will take, doesnt want to put timeline.

I think the large II's happily take 40% while we wait for rig to be released from panr.

Consolidation is good.