Member Info for Manro

But hold on, there is something wrong here with share price display. The real closing price today is 3.225p (+0.79%) and not stupid 3.00 (-5.51%) as it shown here.

About mind blowing possible amounts of oil that can be discovered has been said so many times here that it is not surprising if some investors have started gone crazy by selling precisely at the time when in their right mind would never do :-))

I don't know his personal e-mail but you can do it through the company's website, buccaneer1961. Maybe it will be worthy also to send a message to one these phone numbers +976 7575 1099 or +976 7014 1099 asking for his personal respond and not just a formal one from office clerk.

Very interesting suggestion, buccaneer1961. I think you need to e-mail this to Mike and find out what he thinks about it.

Have anybody here ever thought about what would have happened to Kurt and his BEM if they were running their own company, and not a public AIM listed? I think that you all know perfectly - they would have been bankrupt a long time ago. So, it is yours and even my merit, like all other investors who hoped that Kurt, as a real leader, understands all the responsibility and will do everything possible and even impossible to resolve the permit issue. But they as if guilty teenagers began to meekly expect favors from Swedish bureaucrats. As if it was not these bureaucrats that caused the company enormous 5 years damage, but the company itself is the debtor of these bureaucrats. And it was out of this inferiority and spinelessness sences that the decision arose to make BEM more a Swedish company than an English one. In the hope that they will not be denied access to their company. And for all this mess and shame to get a award? Well, in this case, I should advise investors apply for the Nobel Prize. All the more, no needs for to far travel and more hope that committee will not refuse to give the prise for patience and exceptional dedication to Sweden.

Is it not enough to you, bigbench and SuperRoty the optimism demonstrating by the market itself towards PM? Or you need it to be supplemented by the unrestrained optimism and fantasy of Mr. P.? With all due respect to his abilities to tell fairy stories and convince people in their truthfulness however we must not lose vigilance anymore. Neither listening nightingales' beautiful singing, nor the more the dogs' with their ugly barking. Money and investment loves calmlness, mates. Therefore, let's enjoy the tranquility and honest opinions exchange which is the only proper way to think well and make the best decisions.

Today's update in overall is OK in my opininon. But unfortunately I have not found a single word why the management has described last year such a fantastic picture of the staggering estimated volumes of oil at SL and WH that ended with even more fantastic failure. And what were in base of this failure, who is responsible, what should be done to avoid or at least minimize such devastating consequences for many LTH? Mike and BOD must have courage not openly admit their mistakes but name the people respnsible for failure in order to maintain investor's confidence in the management. Otherwise everything looks like another empthy talk, which is a bit disappointing.

The most important thing for us is to hear tomorrow a very qualified analysis of why the company turned out last year in such a major failure in such a promising situation? Who was responsible for interpreting the seismic data with such a colossal estimated at SL and WH ended with nothing? And most importantly, have these errors been identified and lessons learned, so that they will not be repeated again at the next drilling? I am sure that if the next attempt to find oil fails, it will be a disaster for the company. Because to look for oil in a country surrounded by 3 countries - the largest oil producers in the world and not find it during 10 years this is something else that has nothing to do with the normal oil business and investment risks associated with it. Therefore, I am sure that this is the last chance for Mike to prove that he is the highest professional in his field and a worthy CEO. And I hope we can get some kind of confirmation of it from tomorrow's presentation.

Hi, Terryall. Nice to hear from you. For me it is also very inconvenience and early time. And I think few only of investors can attend. However, if somebody is going be there probably he will express his impressions here of the meeting.

All the best to you too my friend. I hope that Mike will try to do his best for to make himself and all of us happy oil discoverers already of this year very first drilling.

Good evening Hawkspear and thanks for kind comment. it's nice to see you too amongst the most devoted PM shareholders, mate. Its thanks to LTH and Petrovis ofcourse that company is still alive. But to be honest the time is now running out and the next failure will have catastrofic consiquiences for the company. Mike have no right for failure again and if that happens the confindence in his professionalism will disapear. Because it will be impossible to believe that there is any other reason for such failure than his own and the BOD's inability to find an oil in the country which is surrounded by 3 of the oil richest countries. This is why I think we are in quite promising situation when we are going to see steady SP rise which could end by triumphal success. If only Mike and his BOD learn what they did wrong last year and do everything they can to prove their professionalism by striking an oil just at this year very first well drilling whichever it will be, at Fox or any other.

opulentia, I think that this would be a very reasonable decision by Petrovis. And I would really want them to review carefully over where and what error they made by analyzing the 3D seismic data which brought them in a failure last year. Careful analysis of all the data available to date and errors made could help to determine and drill its highest-ranked well first. Which is in my opinion key to the overall success and development the company. Having clarity over future operations will bring stabillity and enables Mike to refocus not only on the well drillings financing but probably farm-in process too.

It's good news but I don't quite get why shareholder and investor update meeting will be held at 09:00 am GMT on Friday 11th January 2019 and not a bit later or as it is at 12:00 pm GMT for sell-side analysts meeting. It is very inconvinience time for people living even on the outskirts of London not to mention those who live a little further away, but would like to participate. A bit strange time to be honest if not say more.

Sorry for wrong button of course... ver happy and most prosperous New 2019 Year!

Do not depress yourself, mates. We all are in the same situation. I was even tended to think that Mike may be the same charlatan as all his predecessors were, especially last one. But if not and he made just mistakes in data interpretation or wasn't fortunate enough to strike an oil than chances to do so in 2019 have even increased now. And the only things that is needed from Mike now show his real integrity. Which means to drill all of 4 wells and make placement only after striking oil. That is really all we need to be sure in him and either enjoy our common victory or calmly accept the failure of our too risky investment strategy in Matad.
I am wishing all of you a very happy and most prosperous New 1019 Year!

An other 100K Buy is coming!

Why did you wait for so long to giving us such a clever advise? It's just remarkable and we will follow surely!!!

I truly surprise how stupid are all of those thinking so apocalyptic about the Brexit. As if Britain never was Great without EU and will never yet be so again. And what is even more strange for me that such thinking coming from nearly half of country's citizens who have no clue in what kind of totalitarian state could turn EU if let unelected bureaucrats develop it in their own and almost uncontrollable way.

Many thanks, SuperRoty.
In that case it would been very interesting to know why Mike didn't consider to use such option instead of choosing expensive Sinopec. Which was unable not only to fulfil all of its obligation but has putted Matad in very dangerous situation. Firstly by delaying drilling at SL and then nearly broke drilling at the WH by entering in hard winter condition. And why he could not to use its own drill team at Block XX instead of their postpone for the next year or even do it now instead of looking a contractor till now?

SuperRoty, it is very interesting thought. Do you think that that by recruiting its own drill team Matad can save money only or there are some other advantages that could be beneficial too?

Yes, Mike and his team and with them we all missed two hard hits. But, I am sure that for most of us this was not a knockdown, not to mention knockout. So, the fight continues and we have four more rounds ahead. Therefore, Mike and his AML must now focus all their power, strength and talent so to win this fight. Otherwise, they will demonstrate not only their own worthlessness, but ours too who believed in their such a high degree of professionalism. I really hope that by the end of next spring they will be able to prove that they were really capable of such great discoveries and our hope and faith in them were not in vain.