Member Info for Phoebus

Each target or prospect has its own trap, structural or stratigraphic. It all sounds very promising and only a few weeks for results.

I have emailed admin.

from time order to thread-time order. Take a look below. Post are no longer displayed in strict time order. It's terrible don't you think as it's impossible to see quickly which comments are new. I guess it might be related to the awful server issues the last few days and the strange markup from earlier today. Anyhow, I think we need to ask admin to change it back to strictly time order.

What point are you making?

You too. Think we will be richly rewarded here.

Nice to see decent volume for there from the open.

Fleming, you've posted that comment before and not just on ECO. Perhaps you should be focussing on a few other choice words like CPR upgrade, Total farm in, hottest exploration location in the world, up dip from Exxon's 3.2 BB discoveries, and enough cash for 4 drills. In this week's interview Gil stated quite clearly that the CPR updrade is only a few weeks away. Given the staggered interpretation by all concerned it also sounds like the Total farmin will be hot on its heels. Very little patience required IMO.

Sorry, but I completely agree with you Mr. P as regards 88E. The recent 88E rally has been a complete farce IMO and certainly doesn't seem warranted by operational developments by the company. Aside from shooting some 3D, picking up some more acreage and refinancing some debt, 88E appears to have done little else since its shares were languishing at 0.9p. Slide 5 of their latest presentation helpfully illustrates this fact. Yet despite this 88E's SP has rallied 200% adding a staggering �90M market cap! Let me guess, peeps are getting excited because work on Icewine#2 is due to restart soon. Really? The well has been a complete turkey so far and I don't expect things to improve this time around. It's worth noting how the 88E LSE SP gapped down 3 days in a row last year as it played catch up with moves on the ASX. Then a couple of days later on June 26 the first poor Icewine#2 RNS was released. I wonder how many that have bought this rally will get trapped in this time around? 88E's conventional looks interesting, but that is still some way off. I expect we'll see plenty of buy in opportunities there before then on poor Icewine#2 results and conventional funding. 88E looks way overdone for now and MATD is definitely the place to be IMO.

There has been 75K of buying today including two delayed buys of 40K and 30K plus another 5K in smaller buys. Total sells have only been 41K and yet we are down on nearly twice as much buying. Go figure. MMs playing fast and loose yet again. Annoying to see Mr. 5/10K having a disproportionate effect on the SP again. This is not right. If someone is trying to offload lots of 5K and 10K chunks perhaps Mr. Holzman could arrange for another investor to take their entire holding so the other particiant can finally s*d off. I image there would be a queue of takers. I would also urge him to do what he can to increase the NMS for the stock, which should be around 20K shares and not 5K. Great company, share need a bit of tweaking.

Because Tugrug geology is much more complex than anticipated and they require more time to finess the seismic anaysis and high grade the prospects before drilling. Meanwhile they have switched back to the original plan drilling an excellent prospect in a different basin with less comlpex geology. It's not rocket science. Attempts to spin things to the negative are getting embarrassing. Fact is MATD is on the cusp of the most exciting period of newsflow in its history.

Exactly my thoughts Zengas. I fully expect SAVP to make a considerable number of discoveries of that size in Niger, which will add up to a significant prize soon enough. Only about 5-6 weeks until we likely get the next one.

Seems you are poorly researched Munch and your comments are a disgrace.

Pretty sure MATD SP will climb the highest mountain. ;)

With a clear timetable for delivery of final batch of 3D and CPR, it's looking like the pullback is over and we are starting to moving higher again as news approaches. GLA

Well noted. MMs will take a very large chunk off me too and above the bid. A very good sign this wants to move higher.

With a huge chunk of cash and 3 wells targeting 14-16 MMBOE net recoverable with high COS over the next two quarters this is WAY too cheap. I expect SP to approach 1.5p into drilling. The first scrap of news about drill rig or spud date for any of the projects and this will instantly go bonkers with folks struggling to get shares. Anyone selling at this level deserves to miss out.

Excellent.

That's an extremely positive and tantalising RNS. Sounds like they are very confident of delivering a CPR with a significantly higher number of targets, P50 and COS all nicely corroborated by Exxon's excellent drilling results. It also appears the parties are acting to expite the farm in as quickly as possible.

the highest since November 2014. Excellent.

Well done, I was only offered GBP2.5K at 30.75p.