Member Info for Mike31

Although I tend to agree that moving goal posts is not very encouraging for PI's, I like to think the team are acting accordingly to the situation and using their expertise to make the decisions. It would be a smack in the face if Wild Horse are not going to get drilled this year, which is getting a little worrying considering two drills have already been delayed to 2019 (This theoretically would lose momentum is the sp uplift with the long gap?) I bloodly hope not

On the positive side, I still cannot comprehend why people are waiting for 6p (a 2p difference) considering current level at 8p with the upside potential enormous. It seems we have completed the 70 day drill smoothly and everybody is eager for the news. What will it be I don't know, but having been with Matd for quite some time, I think it will be something completely different for what we thought it would be. Just a pure guess and gut feeling. Could we be drilling just one well this year for good reasons? Eg: possibly extended discussions with a partner before drilling WH-1 / at the same time use more time to evaluate the data at SL-1

Long term this is still worth a hold in my honest opinion. One hit and this will be like Rockhopper. From pence to pounds. Correct me if I'm wrong but I think they reached a height of 420p on a find.

Why is everybody waiting for 6p? If even a slight positive in the upcoming news, this could speed past 20p imo. Plus we have Wild Horse coming up next and without mentioning the other 4 drills, which should support the sp regardless

Did we just hit that?

Just joking. Sorry, just had to do it

Just topped up at this giveaway level. Its rude not to.

Famous quote by MisterPoisitive

Best tactic right now is to Do Nothing until further announcements

Is this company going bankrupt or what?

It almost sound like shorters have the privileges to get out on time. I don't hear faithful holder get covered the same way before the price drops

Good question. Just for educational purposes, I wonder if it is against the trading rules of any sort, and does it have an effect on the SP (not that there were a major drop or rise yesterday), but still interested to know if somebody knows anything

MisterPositive would say:

Bottom reached, about to tick up and test .40 lol

I know right, look at all those trades on the 10 September

If the SP can get to 10 pence, then I'm willing to take one for the lads (just joking, no offence intended)

Looking on the other side if you are a shorter, you could easily get burned if news drop. I'd say its pretty even for both sides at this very stage.

Tight hole lol

WTF

I like to hear your view about SL and WH just for an extra opinion Any thoughts regarding these wells before and after the 17th? Supposedly the 70 day mark

There are better ones: Its the double Fibonacci cross Just topped up at these levels Why buy at .4 level when you can buy at .3 This could be the next GKP / Dana Petroleum Lol

I do enjoy reading his posts from time to time. Dont want to be out over the weekend Soon .80 would be cheap as chips Cannot but any shares We should be way north of the current sp Next week we should reach the 1p mark

He is over at Matd board. Its his home there

Bloc, the deal hasnt been finalized yet. Just hype, probably be a placing next month...yawn

We will be pretty embarrassed if they beat us to production. You hear that Zaza?