George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Petro Matad is awaiting the approval for the Block XX exploitation licence which is holding up the company's progress on its Heron 1 oil discovery.
Both the Covid-19 pandemic and the recent Mongolian parliamentary election have caused delays in the approval of the license.
The company is also working with the industry regulator Mineral Resources and Petroleum Authority of Mongolia to avoid issues of land accessed which caused some delay to operations in 2019.
I look forward to the announcements of new contracts in the coming months, and an improvement in the current low share price.
For example Petards' eyeTrain systems which continue to be the system of choice for train operators. Other sectors of the company will also hopefully enjoy new contract orders for completion during 2020 and beyond, and boost profitability of Petards going forward.
In my opinion a SP of 12p+ would appear to be a more realistic target to aim for during the next 12 month.
7.20 - 7.45
deep sleeping - imho
seems undervalued
5.24 - 5.42
buys are still showing as sells
Wameja Ltd - Australian cross-border payment services company - Mastercard has provided a EUR15 million loan facility to joint venture HomeSend SCRL. No change to the loan facility provided by Wameja to HomeSend.
By Tapan Panchal; tapanpanchal@alliancenews.com
Buy trades over sells this morning 3 to 1
Fabulous RNS today
SP has 20p potential
https://www.petards.com/final-results-year-ended-31-december-2019/
The UK Government has stated its commitment to further investment in the railways, law enforcement and security, areas in which the Group enjoys long-standing customer relationships. This together with the Group's order book at 31 May 2020 of over £13 million, provide the Board with confidence for the Group's future prospects."
Will see MATD trans-formational in terms of size and share value- in my opinion
Listen to the Proactive London video from 2019
https://www.youtube.com/watch?v=AzHbQpedtMI
Mike Buck joined MATD October 2017
See what he had to say about 2018 plans
https://www.youtube.com/watch?v=P8MW-E2A90g
I value the opinions of MATD holders on this board,
Perhaps it would be better to wait until the announcement, before placing more shares. Obviously SP will be higher so less new shares required.
I have listened to your objections.
Thanks for your comment.
It is a feeling, a surmise, an opinion.
Just think it would help our cause.
At 2p approximately for new shares,
it would be a great stimulation to
1) generate interest
2) fund our drilling plans
3) show Government that MATD is here
for the long-term
4) show initiative after months of
inactivity.
My estimate for 2021 is that SP
could soar to 20p if drilling finds
more oil
in my opinion always research first
Given that the new funding was only 13% of market cap.
the huge share price drop today was grossly over-done in my opinion.
Therefore I would expect an adjustment tomorrow.
May I suggest SP 0r 15p initially sounds reasonable.
imho dyor