Member Info for Phoebus

Agrred Mr. P. and to put it in perspective here's a repost of my comment from the other week. According to MATD, the NPV10 for a 150 MMB discovery is US$1.27B. See page 18: http://www.petromatadgroup.com/wp-content/uploads/2018/01/1-Feb-2018-Investor-presentation-FINAL.pdf The Stockdale broker note cites MATD's own COS figures to be 16.7% for Wild Horse and 20% for Snow Leopard, which is higher than the conservative 15% I have used previously. Let's recalculate the risked pre result valuation per share for the first two drills: [Wild Horse] $1270M / 150 MMB x 290 MMB x 0.167 COS / 522.4M shares = 54.8p risked pre result. [Snow Leopard] $1270M / 150 MMB x 90 MMB x 0.2 COS / 522.4M shares = 20.4p risked pre result. Total risked pre result target price for the first two drills according to MATD's own NPV10 and COS figures is therefore 75.2p. Success at both wells would translate to an NPV10 of $3.2B or 431p/share. Don't forget, this excludes drills 3 and 4 or any cash per share. Clearly huge upside from the current maket cap even before drilling starts.

on the bid just. No, we're not selling any.

Far better to rely on thorough research of financials and operational news flow. That said it's important to look at the chart and try to guess possible forward price action. Looking at a 6 month TSX chart is one thing. The tendency of TSX prices to jump wildly from trade to trade on tiny volume is something entirely different.

Nah, just a few day traders taking profits after 4pm. It was next to impossible to buy for most of the day. This has a long way to go yet IMO.

And it ticks up to 3.40p and still no shares available. They're not fooling anyone with the big delayed buys marked as sells either. 250K delayed buy just flashed up. MMs going to have to move this WAY higher IMO.

are both delayed. First is a buy.

reported at 2.84p. Looking very good for an attack on 4p.

major surge. Definitely a great buy at this market cap if you can get any shares. UPL is targeting 28 MMB net recoverable with the Wick drill in Q3 with 30% COS updip from the Lybster Field. News on the Sarawak deal is anticipated and they have mentioned that they are assessing several opportunities in Morocco and Tunisia including > 1TCF GIP, multiple low risk discoveries and prospects. Wick alone should see this rocket without or wihtout the other projects. STRONG BUY.

according to UOG CEO yesterday. He said they just need to '...finalize the final details and secure the rig.' '...could be potentially a mini Wytch Farm.' A huge accolade as WF is the biggest onshore oil field in W. Europe at P50 795 MMB OIP and is directly adjacent to Colter. Once the rig contract is announced BOIL will explode. Time to load up. https://www.youtube.com/watch?v=HseIVydc1kI&index=1&t=47

I followed up with admin this morning and they have now fixed the problem so posts are once again appearing in reverse time order.

The technicals of the TSX chart are even more impressive. https://s18.postimg.cc/7b7jo8yvt/ECO_Technical_Analysis.jpg

Never mind the SP, only thing falling this morning was me off the chinup bar. Ouch. Nasty graze on my butt and a bang on the arm. Hopefully I won't lose mouse finger coordination and accidentaly sell any MATD. ;)

I wouldn't have thought so as TSX closed at 34.6p.

and SP marked down. Very naughty.

below mid this morning so almost all buys are being reported red. It's as if they're trying to hide the demand, which suggests this is about to move a lot higher.

Ah, can't be. Your comment was 9 minutes earlier I see. If it was a much bigger buy reporting could be delayed for 2 hours.

Is that your buy that's just appeared Monkeymoo, just under 2M shares at 0.40 from 08:30?

That was my thinking too BigSpike.

I see no reason whatsoever for today's mark down on open. It's a bit rude really. Can't blame the market makers for trying reload at low prices knowing the lineup of major catalysts due here by end Q3. Colter Q2/3, El Barco-3X mid 2018 and then mighty Wick Q3. Accumulate while the market is napping these will roar soon enough.

Check NEX exchange. http://www.nexexchange.com/member?securityid=18154