Member Info for mikerockfield

I see the buy/sell trades are all over the shop again this morning!

If anybody places their trades on what they read on LSE or Twitter, they are, quite frankly..a gobshite!

I often wonder is there people actually out there who take advise off this board or random twitter posts??...If so, they seriously need to re-evaluate how they trade!!

There is 2 days left on the program, Saturday and Sunday. It finishes Sunday evening. Anything after that is over the 70 days!

Like you say if it was a duster they surely would have packed up and moved on.

There is however the chance that it is not commercial and they are testing, as that info could be valuable for further operations.Also the possibility of delays during drilling or not making as much progress as thought possible. But this should have been notified in the last RNS.

Mainly because I genuinely couldnt be ar$ed!!

I'm already in, so its a hold for me.

If we get an RNS tomorrow, it will most likely be bad news!!

Well said Mikey,

Too many already writing off WH before SL is even finished. If SL goes over the 70days then we can start asking some questions.

Until then, we'll stick to the programme!

The drill rig is to move onto WH. The company has already stated a testing rig has been arranged to be brought in straight away if required.

If the testing rig is required it will be VERY good news as this will be brought in to test flow rates, the logging will already be completed.

Del Boy,

Once Snow Leopard finishes on time they will commence Wild Horse shortly after. WH will most likely be completed the 1st or 2nd week of November.

That's been the plan all along, nothing has changed

It has to come before the AGM..If it does not, I'll be out!

Why do you think it will be out of hour a Dave??

Personally, I'd like it Monday morning, get the week of to a right start with the AGM on Wednesday to provide further information on drilling plans.

A Friday RNS could be bad news!!

Snow Leopard spudded on the 9th of July, so that day included, the full 70 days of drilling will be completed on Sunday evening the 16th. Not sure if spud date is included, if not It's Monday 17th then!

Leak?..No, there is no leak, the volume is not even 1.5mln shares! Its traded daily like this for 2 weeks now!

5days Desmond, should be finished on Sunday evening..."Should" being the word there!

I can only assume that the reason there was no intermittent updates was because they had numerous targets on the way down. They would be expected to comment on these as good or bad which would not be wise prior to testing them. to release a positive update only to later say that logging showed water would not be good!

Ojay,

I've been watching that all morning. The volumes are low, but a strange day all the same!!

Why are they delayed? Its not like they are huge buy orders to be filled or anything.

Why so many of these?

Captain,

I dont see what is so hard to understand. The 50 days is from last year. The revised program of 70 days was given by Sinopec this year, due to revised drill depths and rig amendments. It also includes for logging as we've already been told.

Its not that difficult to grasp really.

Fundy, we're all aware that MATD will carry out loging of the various zones and bring a testing rig in after that. The 70 days includes logging, which is most likely where they are now.

Looking at the price, market thinks so too!

John Henry,

Don't forget, MATD own 100% and are fully funded??

Can you remind us of AAOG, are they 50% and poorly funded..sonething like that..Not to mention drill failed and was cancelled...