Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Still showing bladderman Seems a very high volume of buys during the last 3 hours of trading today however looking at the prices some are sells but good volume again however. Surprised SP didn't move up as a result. Here's to a good end to the week.
Mongolia-focused Petro Matad is preparing a four-well exploration drilling programme on its acreage, all of which it operates with a 100% interest. The campaign will be managed by a new leadership team, which has picked the well locations following a review of the Company’s operations and the acquisition of additional 2D and 3D seismic data. Although it is not without risk, hopes are high for this potentially exciting programme and we believe the shares risk / reward profile is skewed in investors favour at the current price
We have a Buy recommendation on Petro Matad with a target price of 36p, which doesn’t account for the current 2 additional targets of c.248MMbo combined Refreshed farm out process is gathering pace 6 wells to be drilled within the next 12 months, fully funded and 100% owned Total prospective resources of c.850MMbo targeted Success case economics range from $450m-$1.2Bn on blocks 4&5 Drilling to commence July
Just tuned in to a shocking last 4 hours of posts! Truly pathetic you should all be ashamed of yourselves (MIKEY30 excused) thanks for 2 useful posts. We can all interpreter the last ops update, we all know spud still on for July, if rig was mobilised 3 weeks ago then I guess it's not far from site as transportation of rig to site was 4-6 weeks. Maybe visas sorted bang in time for rig arrival? I dint agree with over ramping or over bashing just to suit an individual agenda but we're all big enough to understand the risks, or we should be so just let peeps make their own decisions. Time for an aperol spritz! Enjoy your evening
All, I just spoke with Ed again who confirmed again that everything is on track as per April RNS and the market will be updated soon on drill pad site prep and rig mob. Don't particularly like delays but what he said was good enough for me. GLA
He had also just come off a looonnnggg conference call, who knows who with and what about??? Hi Paul, all well my end hope the sailing is all good, great weather last weekend. Are you in Liverpool yet? All the best to you and yours! ATB Loz, 2010, bladderman D1nger et all. Not long to wait now.
I just spoke to Ed Westropp who confirmed that the last announcement is all still on track so I guess based on that there is nothing to be concerned about. He did say he is meeting with the company next week for a full update of proceedings ! Maybe that's when we will hear. Chill all and enjoy the weather.