Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
"we will buy ourselves a long delayed operational window at local level if we must" (paraphrase)
Surely that means we will have oil out of the ground this summer? Even if it's not with the shiny certificate that we want.
And can't thing be persued at government level while moving this at local as well.
Not looking forward to the SP swing today...
They got me all excited with that little red dot this morning.
Would expect some news before AGM
Hopefully not long now.
By this afternoon we should know.
Is it likely that if an RNS is accompanying the speech it will be realised this morning?
Consider my expectations realistic. Matad has burnt my fingers one too many times now.
Wonder if there's going to be any excitement reflected in the share price leading up to tomorrow.
Would be nice if there was a announcement to go lead up to his speech.
What's the cut of point for production this year?
If we announce the LP today compared to November, can we sneak production this year?
What are our realistic expextions for what will be announced when MB speaks at the conference?
Any chance he's going to announce production?
Farm outs?
Partnerships with any nearby entities?
And what could that do to the near future SP?
Thanks all.
If you would have told me after the last RNS about the LP that we would be down at 1.8 within a week I would have never believed you. Incredible over reaction/ manipulation.
Those who sold out after the LP and bought back in this morning have had a stormer. Expecting this to settle at around 4.5-5.5 by the end of the day. But it's pushed my top slicing plans back a few months.
Steady as she goes boys. Steady as she goes.
And I'll say it again. Easy boys.....
This game is 90% luck and don't let anyone tell you otherwise, but the 10% of skill can be shown in the next 10 mins.
Take a breath, be smart.
And most of all be happy.
The previous good results are grounds for confindence, my holding before this was in Bahamas petroleum (now challenger energy) which ended in dust unfortunately, but knowing what we do theres causes for confindence based on the evidence we have. Which is what should be trusted rather than speculation and Friday afternoon hype
Huge amount of chatter this past 2 weeks but always remember SP goes up and down on 2 things: news and anticipation of news. Or the lack there of.
Patterns mean less than some may let on, looks at what's producing published and promised in that order before listening to the chatter.
I'm hopeful of a successful June and rest of 2023 but checking the this Board only once a day has been a healthy routine.
Usually a good sign when the MM are looking to thin the heard, feel like they are expecting a rush any day now, which fits in well with expected news.
Pleased to be in profit again, although last time I got back above zero it lasted 2 days. Few more days like this and even the 14p and 20p old guard will have reason to celebrate as well.
Almost time to hold our nerve at the exciting end of the business instead of the depressing end.
Steady as she goes boys, steady as she goes.
Take a breath fellars,
this was near 1p not 2 months ago. In this game they are calms before, during and after the storm. Peaks follow dips that follow peaks, nothing new happening here. Time to use that nerve we've sharpened over the past few years.
Hopefully, that is. Be good if the closing price stayed above the 4p mark. Those who bought in at sub 2p will be happy. Assuming nothing catastrophic happens we should stay on the uptrend now until the next news release and then it will respond accordingly.
I feel like we're getting inro sink or swim territory. The next big movement will probably either double or half the SP.
Well done to those of us who held thier nerve though early December when we were hanging round 2.8.
This morning is the first time I've been in profit since I can't remember when.
A few on here have said that the SP will probs bounce a pence or two just from any news and that's what likely to happen, wouldnt be suprises to see 2.8 by close.
It's not amazing its not terrible so chill. But my fav part is Mike buck saying "its been a frustrating year for petro matad and its shareholders" feels like the first time weve got some emotion from him at the end of the day, we are in the same team he is so it's nice to see hes feeling what we are feeling. Considering the state of china and border crossing atm, having "equipment in country" is as much of a victory as I was expecting from a RNS in 2022.
We knew nothing big was coming this year but I'm happy to take this as a step forward, not a big one, but it feels like weve stood still all year. So I'm happy with the prep work ready for next year.
Be intrested in peoples opinions on start times next year assuming all goes well what the usual stat up time after a Mongolian winter?
Some rough guesses on SP following expected news
Any good news at all (gear on site) -around 4p
Land permit granted - 8-11p
Any work to be done before winter -18-25p
Full production underway (more likely next spring)- 40-70p
Any thoughts or anything to add?
So we are told that the equitment is "on the way"
So should we be expecting a RN to let us know its arrived?
After that is the only "real" obstacle, the land permit?
What are thoughts on time frames as far as actually getting the stuff out the ground, should we have the gear in place and land permit granted?
And before people jump on this, yes I'm aware, this is hypothetical and an ideal scenario, but this is the reality we are working towards.
If we get what we are waiting for how long till we start seeing the oil being barrelled....
Seems like the interview is some of the first good news since covid, let's hope that's going to build a head of steam.
Hopefully we will see and hear some progress by the end of August.
The SP seems to be holding well. Considering we were hoping this news realise was going to take us to 8p+ I was expecting more of a drop when the good news didnt come. Hopfully a sign of the potential of the company.
Any guesses on when we might get our next news release hopfully with better news??
What are we hoping/ expecting to hear from the various updates and news releases coming up soon?
Were all expecting the SP rise when the news releases hit but what are we thinking about predicted date that oil will leave the ground?
Hopfully we will get some news release some point next week or at least by the end of the month....
We obviously have our own plans and those can remain private but was wondering if anyone was planning on holding out for anything after heron or if herons success is what people are waiting for.
Matd seem to have big plans but is anyone planning on the long haul?