Member Info for MisterPositive

Lonestag, Good observation...

Wow...Billions of barrels of oil. Nice article... Even at 10p this would be such a bargain. Let's get that deal done.

Kapkina, Yep. Odds of deal just went up big time with yesterday's RNS reading between the lines. 10-12p looks nailed on before end of Aug in my opinion.

Opulentia, Every day there is that possibility of a discovery RNS. Many got MATD on their watchlist.

Would this International Oil major be looking to appoint their non-Executive Director on BPC board?

Gatto, Good post. Yep, Traders use all kind of tools to execute their strategies, creating fear, panick, using delays OR last year shenanigans to get a lower entry. Once in, then suddenly all looks good......LoL. Will be about half way through Snow Leopard this weekend. Still cannot believe this dropped below 10p. One strike and order will be restored here.

I can see 8-10p in coming days as more folks take positions ahead of the deal with this International Oil major.

11.4c = 8.77p (fx rate 1.30). 51 cents however would be 39 pence ;-))

Sorry 11.4 cents was US Closing price. Don't know about after hours Quote...

Bloomberg quote is still 11.4!. Ticker: PRTDF.

Yep. Having heard the LSE interview, I am filled with more confidence. All pieces coming together slowly, step by step. Happy to wait.

I think 20p would be realistic on good deal but hey ho market might take it higher. 3-4 bags from current level is quite plausible.

Yes Manro, This is all 'Stalins Oil'.... you can probably write a nice book soon after MATD gets to $1billion MCap...

David, Agree. Snow Leopard could surprise to the Upside and wrong foot the market in a BIG way. Also if there is anyone with a Short position could be in deep trouble as they just won't be able to Buy back at these low price on SL strike. Knowing how fast this moves with a small share free Float, they could be paying 30% premium on buy backs if they are lucky. I cannot imagine what would be the Pre-Market Open price on a positive 7.am RNS.

Some folks defo been playing it well by well. I see SL as bonus. Price never rose Pre Spud, so already priced in as duster by the wider market by the looks. Don't see much reaction if SL comes dry. Then starts the Pre-Spud entry queue for Wild Horse. I defo do not want to be standing in that queue. Got my tickets well in advance.

Volumes should tick up in coming weeks as and when Deal is signed off.

Already 5x bagged in a short time frame. Who got spiked today ? OR Did folks really think it will be up 40% daily? Just Coz someone here said 20p min? While they take the Fire Exit....and sell you their shares on the high......classic. Just an observation.

Dusterinmong, I take it you only invest in Oil "explorers" with only 100% cos...? May be that is what I have been doing wrong...

This might get to 10p before deal RNS.

Timing of Placing killed any pre Spud run for Snow Leopard which majority considered to be the smaller prospect. Majority waiting to get in for Wild Horse which is 5x bigger prospect than SL. Although discovery at SL would be welcome bonus. That would also raise entry price for WH for fence sitters. Wild Horse: Mid case....490 MMBO Upside.......750 MMBO