Member Info for MisterPositive

Lol...

£75m = 3.3p a share.

Bob, That's your opinion which is fine, but I see this as going way beyond 10p....we are on to lot of news flow in coming days / weeks. Wild Horse (5x bigger target) alone should propel this much higher. Sure, there might be some profit taking at different levels, as in any other share and is healthy. However if Oil shows news drops in next week, then you can forget about 10p....this will open much higher in my opinion.

Gerry65, Bull rise did NOT peter out at 1.2 (as you put it). High of the day was 1.25 and I added a small tranch at 1.2 myself expecting a slight pull back due to profit taking before Friday. Happens on all shares before weekend. To put in context, this is a new wave. Punters who bought around 0.45 or 0.5 already taken their profits out before we hit 1p..., I don't see this dropping below 1p....so if you looking for a lower entry, you might be disappointed OR you might get lucky getting in just under 1p....will need to alert and on your guard. I see a run up towards 1.4 - 1.5 in coming days / weeks ahead of IPPC. Nothing goes up in a straight line like any other share. But 2.25p is still baseline figure and target for me. Good luck either way.

My understanding is below:

Price monitoring extension is nothing more than 'After-hours' negotiated trades between Buyers & Sellers.

You can telephone your broker and get quotes for Buy & Sells.

Generally speaking these extension RNS are triggered typically on high volume days.....NOT daily.

Roydon1,

Good spot.

Interesting note that one. We shall see. Either way current share price seems to have Overshot far too much on the downside.

Unfortunately Market always overshoots on the downside taking the worst case scenario. Same is true on the upside. Great entry point here...and took advantage of the drop like many others.

Could see a nice recovery in coming weeks with higher copper price & US - China trade talks resumption on 22 Aug.

Volume eruption on Friday would suggest they onto something. Weekend should provide further validation if all good. Given the 8 hour time difference and sign off by Nomad / Broker, we could get an RNS either late Mon or Tue morning before Open. Fingers crossed.

Autonomy, Agree. Deal fundamentals look great. KAZ is generating very healthy Cashflow from current operations. Debt is being paid down at a very good rate. Further increase in Cashflow from lower interest expense as current debt levels come down even further. Brokers can be really stupid when they start talking about debt burden which is few years away. In the meantime JV partner likes of RIO or BHP could come in to share the Capex even early. Think it hit bottom on Friday around £4.67....can see very tiny downside from here but major Upside at these levels. I added more around £5 and £4.78 levels. With copper rebounding on Thu and Fri ahead of resumption of US - China trade talks this month, web could see a decent Blue finish next week. ATB and GLA.

Autonomy, Good option to consider going with 1 concentrator at Half the CapEx. May be KAZ is confident to get a major partner, the likes of RIO or BHP to JV into the asset along the way. But management should be concerned about the -45% drop in share price. May be Market is signalling to unwind this deal.....who knows. Price was already under pressure from US - China trade war issues with copper price getting hammered at time of deal. Ok Turkey sanctions and blow out came afterwards further hammering copper price, which has recovered a bit in last 2 days on the back of US - China talk resumption this month. Still long way to go for share price recovery. Any strategic acquisition needs to be value accretive which currently seems to have gone the other way. Longer term, KAZ is always a share that provides outstanding ROI vs its peers. Either way management needs to put out some form of follow up statement to Market considering the -45% drop in price to ease any concerns.

Kapkina, I did some rough calculations using different Qty of barrels and associated share price using different scenarios which runs into £s per share. Will find them and post later for your convenience & others. In the meanyime, to bring you upto speed, MATD company presentation quoted NPV $1.27 Billion for 150MMBO resource from internal estimates due to very low breakeven costs involved. ATB.

Autonomy, Will not be surprised at all if RIO has been monitoring post deal events at KAZ.

Doc H and his cronies should have closed their shorts & gone long here. Why are they always behind the curve?...,beats me.

Today was consolidation day. Quite impressed actually with only 6% pull back today. Market believes, deal is on. Buy Out price is anybody's guess, but would need to be over 2.25p in my view. 3p would be considered good offer taking into account all other things.

WOW...

Imagine volumes, after they hit Black Gold...

RSI....21.69.......totally insane.

This is Way OVERSOLD territory.

Looks to me like shorters were facilitated today to help them close out below £5.

Bounce over due on Monday...

Market has overshot far too much on the downside in my view.

Ironic,

Dont worry, MATD could be in that pole position soon as Market plays catch up here next week.

Should see Double figures next week as momentum builds up further for the Duo - (Snow Leopard & Wild Horse).

tdante

how was that a deramp....you fool.

I still hold BPC.

Was just my opinion and the order i would prefer....your feeling (opinion) is all ok then...mine is not?

you are far too obseesed with just one share.....i hold more than just 1 stock.

I dont see it in one RNS....thats it.

Snow Leopard and Wild Horse are in different Blocks and different basins. Independent of each other. Both Basin opener wells.

Bishand, Who gives a tosss what you think..,

Trading here over last 2 weeks. * Results were good * Copper has rebounded quite a bit * Dividend declared * 30% lower from lowest Broker downgraded price target. Manipulation at its best....in my view.