Member Info for Ra11adw2

6 percent rise is a joke, from but will take it, well we have to, needed to pump or rise from that price.

Dropped to low 2ps to go only 2.30p, still down 15% from 2.7p which is still lower from where we have been trading last few months around 2.80p-3p.

If its all because of the seller or selling or upcoming Gobi and Heron-2 and people de-risked or out who knows.

I could have put money in HE1 5 days ago and I was looking at it but didn't buy, 5 days up 30 percent, 1 month ago did similar, but I did not buy.

While here it just kept dropping, we all know if all goes well this will be or should be 5p,7p,10p+ whatever you believe.

Just puts into perspective could have made good money on other stocks then could buy here cheaper.

Thats why you should always put money into 4-5 stocks and not everything into one. I have too many on the main market, not enough to buy on AIM apart from 2-3.

We need that investment ASAP, do not care for any other news apart from this. Whole company and future is based on this.

100% should be coming this month October and recently we have risen from 0.6 to 0.8. I expect 0.20-0.30 as i said before depending on cash injection and details.

Exclusivity was signed back in Early August. Nearly 2 months now!

No reason to delay till November and December or taking time talking just get the deal done, 2025 drilling needs to be done and planned etc.

I need my holiday payment to go to Japan and Dubai. Waited long enough. Rest can go in other investments I need.

Meadow1948, whats the problem? You being serious? Or you have some issues or frustrations?

Revenue is revenue, may have been mistake just putting oil instead of gas or just putting oil there as it was a quick comment.

Sunda energy comes under a sector which is called OIL and GAS. Maybe you should do some research buddy, or get off the chat board for a while if you get irritated over something so nonsensical.

When a company gets an investment, hits oil or gas, has drilling success it normally 100%-300% in general.

Me saying 0.20-0.30 is rationale. Similar oil and gas shares like Sunda at a similar price 0.8, have gone to 0.20+ on investment funded or drilling success.

Which is why i asked for everyone’s prediction as investment can come any time which is what we are all waiting for.

Whats everyones price prediction when investment comes in, I say 0.20-0.30 would be a good starter and rising from there to drill time 2025, then drill success and oil revenue 1p+ from there.

1) They are fully funded for everything Heron1, Heron2 and Gobi. Couple million in the bank + 9 million from the raise few months ago, so enough money for a good while.

2) Heron1 producing October temp facility + news on Heron2 and Gobi by end of september/october. Expect some up and down price movement, if bad news on both then low 1p, any other combination could see 3p-5p. Even if one fails and other is success, I still see share price going up, or whats the market assessing and seeing thin air?

3) The hold up and slowness for permits to sell and move oil. Getting really annoying but if you read the RNS petro matad management are also annoyed, they use words like slow and have tried to use temporary methods to produce in the meantime. Blame mongolia not the management of Petro matad. Next 2 months are crucial deciding fate of how high share price will go + any permit news and we are all good.

Why would we not make purely subjective speculation? This is the AIM market and it’s a forum for us retail to speak. However is it speculation or is there key factors why we believe the speculation can occur?

Just on FOMO and other factors can push share price higher than normal before going back down again. Thats basically every stock on the aim market and how they trade.

Market cap? Petro matad many times went from 2p to 7p-8p sometimes on nothing at all even with dilution or placings. Did you speak about the subjective speculation before this happened?

However saying it could double or go up a penny on a permit which is so crucial for this company and shareholders so the company can make money, is somehow wrong or subjective?

Price action we cannot determine fully or exactly due to many factors, looking at past price action and what has happened before e.g management, placings, news, RNS gives us a clue what could happen.

I tried buying at 2.4p multiple times and 90% would not let me unless I buy low amounts like really low amounts.

I want the news next week or weeks after, so much news to come.

Waiting for rate cuts and bitcoin to go up, so i can sell some miners for a profit and add more here this week.

If it comes this week or next week does not matter, just waiting game very close now.

Heron1 is all good just need permit, Heron2 being success is needed for share price double at least from here if not more, gobi is just bonus. Permit alone by it self should double price, to move and sell oil.

Heron1 + Heron2 + permit 6p-9p realistically if not more depends on bopd. Gobi any good news add few more pennies. Thats why its multi-bag could be 10p+, but so many moving parts in September, we need lots of good news.

I wonder how all the information will come out and what it will do to the share price if they release in parts or a big RNS.

Apart from the picture of the site, where is the proof that permits are signed? Who got this information? Is it genuine? If it’s price sensitive it should be released today or this week.

Let’s not compare aim market to the actual big markets. Never feel safe trading on AIM, you press buy and it buys higher, you sell and it sells way lower. Put limit buys and stop losses half the time they do not go through.

On the main markets i can easily trade penny stocks similar to petro matad or lower when it goes up by a penny. Actually does what you want. While AIM market you cannot trust it and do not get the same results. Only way to win AIM markets go long and hope good RNS and information lands. Or trade it when they pump 1%-20% now and then.

In other news, we are waiting for Heron2, Gobi and permits. Share price will go up and down till then. Nothing to see.

The way people act on here sometimes shows impatience and just negativity which is understandable but why now when everything is supposed to happen.

Just wait till end of September and maybe even October adding any delays and you will know where share price will go up or down.

August and September are huge months for this stock, multiple catalysts happening, heron1, heron2 and Gobi and importantly permits to sell and move oil.

All of this can move or multi bag share price, even without these this stock was 7p-8p over the years even with dilution.

You think they are drilling all this for nothing, wasted all these months and years with meetings for nothing. The country wants and needs money and so does petro matad.

Patience, Gobi has 15% chance of winning if no luck then price goes down some more but it’s a lottery, a bonus not needed. We are now waiting for 2 massive factors now, Heron2 and permits to sell and move oil.

300bopd-600bopd at minimum from both combined Heron1 and Heron2. What would the market cap be?

What share price would petro matad be?

State your answers.

Heron1 tested 800bopd just to clarify. So we could be 600bopd-1000bopd. A possibility could happen. Maybe around 20%-30% of this happening still high chance. Gobi is 15% chance happening and will add share price couple pence or more.

The Gobi Bear is a high-risk prospect with an estimated chance of success of about 15%. Here are some details about the Gobi Bear-1 exploration well:

A smaller rig is expected to arrive at the site in the first half of September.

The well is planned to reach a total depth of 1,800 meters.

Logging and testing are expected to be completed before the winter operational shutdown in late November.

I forgot whats the success rate for Gobi? How much bopd is the smaller range? Anything half good from this one would benefit the share price going forward

Heron2 will take like 30 days then results. Gobi is mid September. Heron1 just need the permits which is final stages according to RNS.

Well DOC you said it before you wanted the seller gone for share price to go up.

RNS was just info for us we all know drilling and results coming this month/next month. Looks like permits final stages could be anytime this month by the sounds of It.

“We are very pleased to have spudded the Heron-2 development well and we look forward to Gobi Bear-1 following soon. We are encouraged by the progress of discussions on cooperation with PetroChina and we are pushing for the final approval on the Heron-1 construction permit which we don't expect to take much longer."

Whats wrong with selling? It’s AIM market. Happens all the time just like buying.

People have seen this before you get lots of selling and lots if talk, then rns comes and multi bags.

Same the other way a bad RNS comes and people say told you so and share price drops.

Look at facts. No debt company, fully funded for Heron1, Heron2 and Gobi. This is all due this month with drilling. Delays and results can push to October not a big deal.

Permits will make share price go up, permits are needed to sell and move oil so very important. Any delay will tank the share price maybe to low 2p, drilling delays/failure will do the same.

Heron1 was a success, just need more info on it and how much actual bopd will be produced first and when. Again all down to permits and agreed deals.

Just end of September giving time for any delays would be fine by me, any type of news will do us good Thornogson.

Just imagine they say permits approved can sell and move oil, thats the best news we can get share price will go ballistic.

Or it should considering previous times its pumped very high from 2p-7p. Regardless of dilution or large seller.

Heron2 and Gobi drilling this month but without those agreements or permits we are stuck. Let us all stay positive and be patient last few weeks.

Mid-September typically refers to the time period from around the 14th to the 20th of September. It's the period in the middle of the month, marking the transition from early to late September.

Add any days for delays It maybe the week starting 16th September so the week after next week, happy to be wrong again and news next week instead.

If anyone wants to share updates on images or news share it here. Help each other and new investors with facts or positive looking news.

Otherwise wait till mid-end of September, Heron2 and Gobi drilling and results due. Heron1 results was fantastic, we just need the same news for next 2. Even better news would be releasing permits and agreeing to move and sell oil.

Right now does not matter if there is a larger seller or if shares going up and down, it’s been doing that for years. Traders stock. Thats over now unless bad news comes, but we already had good news and fully funded for all operations.

For long term people its waiting till end of September this month, and should know the future. Then you can sell for a loss and give up or take your profits. If good should be doubling, tripling the share price back to 5p-10p if not more.

.

Now to wait for end of September, less than 30 days we will know if Heron2 and Gobi are doing good or not. You waited 1 week, 1 month, 1 year, 10 years, you cant wait 30 days for multiple massive news that can change the company?

All this rambling and nonsense last 2 weeks share price up and down, mongolia or management.

They gave a good RN, not perfect end of August regarding 800+bopd Heron1.

They have given timescales for Heron2 and Gobi drilling both finish end of September including any delays hopefully.

We also need the permits to sell and move oil, that could be anytime. Last 1 month patience is needed, if they give these permits before any news that massive share price movement right there.

Agreed Kevin I cannot see why for delay if equipment there unless something during/after drilling that causes delay Heron2. Let’s hope all smoothly like Heron1, of course you can get the normal delay for whatever.

Investor the reason I say it could go 1p at max, as doc just stated whatever you think of him. Doc just posted a balanced view. More positives than negatives, so no one can say he is biased or negative even though some posts he does seem like it.

- PC/MATD/MRPAM not agreeing on their deal.

If we cannot sell oil or move it, no agreements done then we are a company with oil and not making any money. Whole point of a company is to make revenues.

If we cannot sell or move oil, then the share price stalls around 2p or goes 1p or worse it’s been 10 years markets will destroy us. Even though we are fully funded and have some cash. That means nothing for a company doing nothing.

Apart from that the double, triple which is still on. All that equipment, drilling, talking to governments has happened and we are 1 month away from creating an amazing future with multiple revenues.

Mongolia want the money as well, they do not want to be wasting time when Heron1 has given results!

Heron2 and Gobi would be even more exciting for them not just for the company's future and shareholders.