Member Info for MisterPositive

Agree. Would make sense to finish remediation works on both VOBM 1 and 5 to restore confidence. It's just that -65% drop was way overdone last week. Still down c. 55% from 49p....so lot to recover. Equally provides potentially well Over +100% upside from current entry level once production is restored.

Is the wild card for me. Surprise RNS on either Wilcox OR Navarro would give PANR a massive shot in the arm while they progress with other remediation works.

30p in next week or two in my opinion.

Higher WTI price should also play a big part in any ongoing Farm Out deal negotiations for both WILCOX and NAVARRO making the acreage look even more attractive also to any potential Bidders. WTI outlook is even stronger now with following factors contributing to the rise. (1) Increased demand - US summer driving season coming up which drives demand higher. (2) Potential renewal of Iran sanctions by Trump. (3) Continued deterioration in output from Venezuela.

US crude takes aim at $70 a barrel as oil stockpiles fall, gasoline demand hits record. WTI futures topped out at $69.56 a barrel, the highest level since Nov. 28, 2014, when WTI hit $73.56. The contract was last up 57 cents at $69.04.

Tony, That was quite funny....LoL. Let's hope Mike Buck has got all the right settings on his SatNav to steer MATD to its destination.

better change your route quick mate.....try........'route2'...... You clearly took the wrong turn.... ...guess that is what happens when you buy SATNAV from eBay.....LoL

Like I said yesterday, feeling extremely bullish on Matd this year. This should blow past last years 38.5p when that Leopard gets going.

Oooops.......LoL ;-0)

Lakshmi, I know we all have to wait until next RNS......but any positive RNS should then lead to much bigger gains on the back of such strong Oil price and rising than otherwise as PANR profit / barrel goes Up even more. Current production should also lead to even higher Profit margin. IMHO.

same here. Any profits are coming here.

bigbench, Lion might roar first, but i think "Snow Leopard" will sprint way ahead of the Lion, once it gets going. Leaving my holding in Lion as it is.

by June 2018. Could come sooner now by the looks it.

And rising....Saudis pushing for higher price ahead of ARAMCO IPo. Great time for MATD getting into action.

and rising. Saudis pushing for Higher oil price now.

Nice to see this consolidate at current level. Should get an update soon.

Then c. 300MMBO discovery puts it around $2.6 Billion NPV figure. MCap £60m.......is crazy low. About to start 4 back to back drills in 2018 drill season.

This should move into 25-30p range soon in my view. Currently still -50% down before last RNS. Agree. Positive RNS on either VOBM 1 or 5 and this should be back to 50p overnight. Wilcox and Navarro Farm Out is the wildcard RNS in my books and can come anytime.

Noix, Thanks. That is Massive.

That is Excellent news. Perfect timing also for the latest discovery to hit Headlines. Only 300km away. Oil price storming ahead also. Cannot wait for Snow Leopard drill to kick off.