Member Info for SuperRoty

very quiet here. Waiting for news.

You are right. Unless you need the cash; the best tactic is hold and wait. By selling you will give away profit to someone else.

Yes they bought in at the last placing and would have known about this one. Shades of insider dealing dare I say. The way to win here is buy low; sell on a spike and buy back in again on the retrace.

Woody. Losses like us all. Unless they sold out a few days ago around 4p and are buying into the new issue at 3.25p.

South. You are right. The price is dropping. But will it change after the event on Monday? Have a fab weekend as well.

Cheers Woody, Funny thing to do. Unless they are looking to offload the lot by drip feeding it to the market. If so we may pick up a bargain. I also notice Matt says the first well is an appraisal well. Hence he is looking to measure flow rates. Drilling a horizontal well this may be up to 1,000 Bopd. At $70 a barrel, this means gross daily income of $70k. Assuming just 25% of this I think the share price is massively undervalued at the moment. A few of us could be really shocked at the share price in Q4. Load up now as it drops and sit back and see what happens. "We continue to make excellent progress on the ground and are preparing to drill our first appraisal well before the end of 2018, which will be a key milestone for Rose,"

DLTBGUD

I am also happy if they do a massive raise as better long term in retaining the full 75% working interest. Just wish they would get on with it. 60 drill targets.

Cannot wait for news but I suspect next RNS will cover multiple items. Just hope we are not being messed about by laid back government staff on the permit front.

I hope so Woody. I have been buying at 3.22p but I would love sub sub 3p. Does anyone know what happened to the JV Virtual dataroom? Also any guesses on revised COS of first drill. I think 75% which will set this in fire. Roll on the permits and revised CPR.

Ismailq. I hope you are right. I have enough of convincing lying CEO's and the BOD here have been no exception.

I think this may drift until the revised CPR is issued. I will continue to load up as a jv and drilling will send this to 20p.

Yet again lol

Did they announce last year that they had a permit for Snow Leopard? I do not recall this.

I agree. Just happy to hold and wait and top up if it drops. A second MOU + permits should see this beauty rerate big time.

delboy You are right. I am sure that we have already got the drill permits but they will not announce such trivial news. MATD employees are currently working flat out preparing the site and the rig will be mobilised this month. They do not have any spare time to waste, continuously updating the market with their every movement. There are 4 drills planned for 2018 and that creates a massive amount of work for such a small company. This is going to catch a few people out big time. Now is the time to load up, hold and wait. The next RNS will cover news on multiple fronts in fact they may actually announce Snow Leopard has spudded.

Blimey. I will sell my shares at 8 tomorrow. lol

Maybe just maybe outstanding news on the way.

We need cash to drill so lets get on with it. Placement or jv all good imo

price kept low to fill order. Something going on.