Member Info for Manro

Hi Rocky, very good post, mate. You predictions are optimistic and what is important realistic too.
And even if 50% of your thoughts come true SP can fly above £1. Let's hope that just that what will happen close to the year end. GL.

Could somebody please tell me how many well programme and how much MMbo mean prospective recoverable resources Caspian is targeting this year? And what kind of advantages CASP does have in comparison with other AIM listed O&G companies, for example Petro Matad or BLOE?

Tanks in advance.

You are absolutely right, blissful in regard to BLOE. Usually I am trying not to comment other companies shares in any particular boards. But just few days ago when BLOE SP was 16.4p I was unable to abstain and advised people there switch to Matad. Now SP there is fallen to 13.5p (or more than 17%) and if there is some who was agree and followed to my advise will be very pleased. The same is concerning to all other AIM listed companies. I really do not see today any other company that could offer such a tremendous opportunity as Matad can do.

Yes, blissful now we can clear see the reason. That is a bit strange big sale however even it wasn't able to push price down. Which in my opinion means that we are just at the starting point of SP rise. Let's see if I am right in my prediction.

Jimithebrush, a very good move at the most precise time.

Strange, but for some reason, since yesterday, the SP does not grow, despite there are purchases predominately. Apparently SP is preparing for the next sudden jump again. I would very much prefer if SP to look more like giraffe with a steady run and head held high. But it runs by jumping like a kangaroo. Lol

Mike31, you and me are very lucky to be here only 2.5 years. But I could easily stuck here from 2010 and loose a lot of money. But even if it happened I would get money somewhere else to invest here again in hope to cover losses. Nobody could ever imagine that there is no oil will be discovered in Mongolia during 10 years. And in the country that is surrounded by the countries having the richest in the world oil deposits and where oil was already discovered since 1949 by Russians during just one year time. This why if there is no discovery this year again it will be for me something unimaginable. And will mean one things only: there are no professionals in PM. And we are complete fools who fully deserve to loose money. Because of being unable to understand that here is just imitation an oil search and nothing else. Can it be true? Yes, not excluded. But chance of that is microscopic compare with the COS of oil strike. This is why we need just a drop of patience now and for very short time to find out who we are: heroes or zeros. Lol
GL to all our true Matadors!

to get from the BOD some information that everything is going in accordance of plan. But even without it everything is okay if there is no any obstacles for the BOD to deliver promises. In this case it is easy to predict that pre-spud SP level can rise up to 20p - 25p. And not less than £1 after first lucky strike. Which will definitely happen if there are true professionals in our BOD and we all together are going to be a fortunate at last. Let's hope this is what exactly will happen this time bringing the rewards that we fully deserved for our loyalty and patience.

Tdaves, it seams to me that you never invested in a good O&G company and experienced the joy of successful drilling. I am sure that Matad is just one of those rare companies that will be able to give us such joy. Of course, no one will give a 100% guarantee, but the probability or COS is 75% by BOD (and for me personally its more than 90%). Therefore, I would advise all skeptics to join us now and not when its could be too late.

It’s as if we have no dogs of our own, and here one more stray came running to us.

Exact time switches to Petro Matad!!!

Yes, Mr P the total market capitalisation of a company is calculated as the total value of all its shares traded on the market. But don't forget that the level of capitalisation does not depend only on the number of issued shares. But mainly on the demand and offer as well as what its tangible and intangible assets and prospects of company's development.
Therefore, if 1 million shares did rise to 210p each, this does not mean that if the number of shares has doubled then at 2 million shares they can no longer reach 210p. They may even be more than 210p if tomorrow it turns out that oil reserves are higher than the company expected or the price of oil is going to double. So, the main task now is to find oil and preferebly in much large volumes than estimated. And then it is possible that we all will be pleasantly surprised by that level of capitalisation and SP, which we never even dreamed of.

We should not forget that 10 years ago in April 2010, when the company was just placed on the AIM market SP reached 210 pence which is already more than 40 bags for today's prices. And that was in situation where no 2D or 3D seismic data and just the fact that literally within one year Soviet specialists were able to find oil and export it to Russia, for processing and re-export of finished petroleum products to Mongolia. And if we take into account that Matad today not only in incomparably better situation but quite possibly can discover oil in Block XX as well in one of its two supposed larger deposits in Block V (Fox or Velociraptor each with c. 200 MMbo potential in basins with proven petroleum systems) then 10 - 40 bags is a real range to which SP can rise, no matter how fantastic it seems to us today.

Acreage and potential are inseparable from each other. And this kind of combination that Matad holds today is simply incomparable with any AIM listed companies.

Yes, I agree with a billion pound MCAP possibility. I know Georgia very well which is lovely Caucasian country with its famous cuisine, excellent vine and one of the best source of mineral water called Borjomi. But I didn't suppose that oil there could be too. I am very glad for Bloe investors but there is no any serious comparison between Matad and Bloe. 60,000 km2 acreage position itself held by Matad nearly the same as Georgia's entire territory (69,700 km2). Not saying about the potential of oil discovery to which we are so close now. Not only Bloe investors or fence sitters but even many of us do not imagine in which world class position as G&O company Matad can be in couple of years in case of its first and subsequent oil discovery this year.
What we need now just patience and GL with our first well.

delboy67,

DQE International Tamsag (Mongol) is a subsidiary of China National Petroleum Corporation (CNPC) Daqing Petroleum.

https://www.worldoil.com/news/2010/11/3/dqe-completes-2d-shoot-in-mongolia-for-manas

Me too, glacial. Especially for his such a wise understanding and foresight what is awaiting to all British people if referendum result ignored and Brexit process stopped by politicians who have lost their honour and conscience.

Dozzawba,

As far as I know DQE is subsidiary company of PetroChina. So, tight connection is obvious. And quite possibly that in the very nearest we can hear some surprise positive news.

lbjj, do you really think you can pull out a rope from the teeth of such a witch? No, way mate. She is even worse then this lioness, if she is clunging to the rope, she will rather tear her teeth off than give it to you. So, give her this rope to her and let to live in her such beloved EU zoo. Lol

https://www.youtube.com/watch?v=YJHki6YaDUs#action=share

It was very interesting 2 trading days for PM when at approximately equal and not so high trade volumes SP has grown significantly. And what if from now SP will start grow? After all the company's plans for today are well known and Mike's new failure to fulfil his promises is unlikely. And if we consider the company's financial situation which is incomparably better than it was at the beginning of 2017, when share price started to grow furiously, and the likelihood of a new Bergen or some other such dirty trick is negligible then it is absolutely possible that such growth can begin in any day. But to what level it can grow at Heron pre-spud its not so simple to say. Personally, I think that SP can easily reach its previous 35p-40p level. Has someone any other idea?

Maybe you were right, Oiler87 in some occasions in the past to be negative towards PM and critical to its BOD. But don't forget that despite of the great upset that Matad brought to many LTH there were great opportunities too and even increase our investments up to 10 fold. And such situaion can be arise again and very easely because we are in much better situation now than ever before. Not saying about the situation when PM is going to strike oil. In that case you and only you will be fooled and shamed an incalculable number of times for your "Strong sell" recommendation today. And not by all LTH only but also by all of those who are just indecisive now and can lose a great investment opportunity.