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It’s a bit concerning… Jitters over health of US banks spark global stock market sell-off

Tree shake? I don’t think so… Stock markets dropping

I must admit.. The general markets don’t look good today

Yes I agree, it’s not reassuring to investors

Malcy’s blog

After that the door is opened to the promised capital return programme to commence which will be very good news for shareholders and confirms confidence in my long held TP of 150p so masses of upside on offer in what is a cracking investment.

With this information .. March will be a good month

It’s a very good RNS

@Moniman… Or just make money instead of chasing rainbows ( not saying it won’t happen )

Plus there’s a few more shares to be sold yet unfortunately. SP would be much higher without the seller

Sgd..Agreed.. I’m waiting on the rig news. I still can’t understand why it’s taking so long to get that information? This leads me to thinking that they have no agreement and I don’t see how they can state that it won’t affect the planned spud of Q3.

https://progressive-research.com/wp-content/uploads/data-sync/research/MATD%2020230302.pdf

Valuation. Our RENAV (Risked Exploration Net Asset Value) is increased to 58.7p/share from 29.0p/share. This is mainly due to the addition of the 200 mmbbl Velociraptor prospect, and success or failure at this well will have a marked impact on future valuations. Excluding the Velociraptor prospect, our RENAV increases to 26.7p/share from 25.2p/share as the beneficial impact of higher oil prices and weaker sterling are, to some degree, offset by a higher risk on Heron (with land access issues).

I personally think that expectation alone will take this to 5/6p before any news

SirBob, Don’t mention Range, I will start twitching :))

Thorn.. These days the SP tend to rise on anticipation of news

I can see this hitting 5p this week

Good research….. Exciting times!

Latorre.. :)).. Yes there’s always that chance of course. Will top up MATD so hopefully won’t miss out.

I will wait for the Rig news before jumping back in. Rig availability is a bit concerning for me.

Unbelievably low price for the potential here..