Member Info for shadow525

Whilst pieces around MATD are falling into place with work on infrastructure, oil price recovery etc the key here still remains getting the licence, which looks to be close as SP activity picks up.
The real gains here however I believe is once they start to pump oil to the surface, but lets not forget they have several encouraging new drill possibilities for the future but a lot of work, financing, and maybe even announcement of a joint venture still to do. Once they get the licence even if we get a 100% SP increase from here the price IMO will still be insanely cheap.

When you get there look for the shadow in the corner, you never know it might be me.
GLA

With the upward trend in SP can see the granting of the licence sending this upwards towards 7p IMO, but the real gain will be when they start to pump oil to the surface. In this for the longer term anyway and the exploration of ne fields next year.
GLA

Looking very positive all round added another 10,000 today.
GLA

Still buying more here, switched my ZOE investment when it broke 10p over to Trinity, and having a decent profit in ZOE means in my own hard cash terms average here only 4.75p. Can see this breaking 12p over the second half year fairly easily IMO but will probably hold longer term anyway as think 15p - 20p likely over the next year.

Small volume on OTC but quite a jump on last BUY trade significant movement in percentage terms.
Never really pay much attention to the OTC market but thanks for the highlight, JtheB

Still only 600,000 shares here but been directing my attention to ZOE and TRIN over the last few weeks but both made me over 100% return in that short time, sold ZOE this morning but will hang on to TRIN for a while, but back on looking at MATD as target here is 1 million shares, but think time is running out on this taking off.
GLA

Taken the ease back on price to add a few more think this is a no brainer for the second half year as they generate further cash with oil price recovery and hopefully the world getting back to normal with the end of the pandemic.
GLA

Good luck all but decided to take profit.

Brent breaks $40

Proved correct again in my assumption they would raise further finance this summer but have done it quicker and far more prudently attracting a single investor that I would have thought. Think this new management team are proving very adept in managing the business and even if we get some re-trace on profit taking cant se much holding the SPs back from getting into double figures now.

As I posted a few weeks ago could see this breaking above 3p even before any news, but I suspect we are very close now to an update on licence and possibly even a partnering deal. But any substantial gains into double figures will no doubt require oil being pumped to the surface.
GLA looking positive.

Oil prices continue to recover strongly, want to BUY more shares here but been putting spare cash over last week or so into TRINITY and ZOE both over 50% up in last few days so correct choice but still looking for million shares here.

Edging towards $36 a barrel now, wish I had purchased more shares now.

Added a few more but had to pay 9.35, but can see double figures shortly.

As I said in my last post a seed change in management here, they appear to have achieved more in weeks than previous BOD in years. Added more shares early this morning but my average still well below 6p, and looking for another run up over the remainder of the year back towards 13p again as they make more progress.
GLA

Pull back on SP to have been expected with some profit taking, but opportunity to buy more have put limit order on for in the morning as can see oil prices and Trinity going higher over the next few months especially as the WORLD emerges from Covid -19, but DYOR and GLA.

SP Percentage movement
Change
%
1 month 19.77%
3 months -46.91%
6 Months -33.97%

Hardly call 15,000 shares a significant buy in sold 10 x this last year, just think over the last few RNS updates we are starting to see a seed change (excuse the pun) in management and sorting out issues, call it sentiment if you like but I believe fortunes have probably turned albeit want to see so much more progress before I make any significant investment. As I have said before its not the SP at any particular moment, its more what I think the longer term trend is over the next several months given you will get ups and downs on the way. Firm believer in that real value comes out in the end and HNR/ZOE have not performed well so far, but have always believed there is still potential in CBD market.

News won't hurt, but really need HNR legacy issues dealt with and sustained positive trading results before IMO the SP will get above 10p again, but think the downtrend of the last six months has probably turned. But like markets generally as we emerge from the Covid 19 pandemic expect a high degree of volatility over the next few months.