Member Info for TheMagnacarta

Hello beans on toast.

I've missed our daily chats, I hope the cats are well ?

I agree the dream is over! And the share price dropping 30% was extremely fair!. This was disaster. I mean it could off gone the other way, with a statement saying both oil producing units exceeded expectations and the share price flying but it didn't and it won't now.

The cost alone to drill more at heron is eye watering! I can't see a good future with those recent numbers in black and white.

Guys you just have to accept the bad news on the chin!

I can't really think of any thing positive to say about matd , except they very good at getting discounted placements.

I have done huge due diligence on matd , and hold shares here in spirit only !

In fact, I've sold those today and will buy back after the next placement for the next hyped opportunity .

On a serious note , Really what's the point of buying now ? You know it's going lower !

At the same time, it said that testing of the Heron-2 well has returned lower-than-expected flow rates, estimated at approximately 30 bpd, with oil and stimulation fluid present.

The well has been temporarily suspended, and data from the test will undergo further analysis to determine the next steps in its development.

In London, Petro Matad shares fell 28% to 1.8p.

Well that was a party killer!!

Sorry mate that's false in.

Never cheated about copl.

My views are objective

The plan in mate was to increase the nodding donkeys with each previous one paying for the next !

What a excellent plan. 😁😆

Well that went all wrong yesterday!

Questions now are being asked about the structures of the field and production capacity and capabilities.

The share is only going one way now and its not up.

And the next placement will be savage too, best to get out and buy then .

Best to sell now and get back in , next year guys !

Love these green boxes 😅

This all coming from the chaps who have seen there share portfolio crushed constantly by matd, and then , close their eyes in ignorance.

So funny. Enjoy poverty by not doing due diligence

I understand a drop like yesterday might have been seen as overkill but in my opinion the shares are overrated and overvalued for what's coming out of the pumps.

And even if you purchased more now , it would be diluted on the next placement. !

So what's the point it's a donkey share now !

19 minutes to the start of pain

Normally by now there's a bounce, I guess nobody is bothered about enet anymore !

My thoughts and writing evolve with research and due diligence, so last week the market bounced but now with the latest CEO poorly written support letter , I've changed my mind to wow maybe something is amiss.

Let's see what happens today ?

Can 46p hold or a collapse into the 30's

So true . I agree with the wise words spoken, I only hope that this proceeds. !

But tomorrow the share are going to collapse!

It's in god's hands now ! There will be rough justice sown.

Another new fake poster who promises alot but shows no evidence.

I used the word demanded for the auditors to be called in !

Let's be fair their wording on the RNs would have been edited most to say the opposite but to confirm the worst !!

Thousands and not billions lol.

Lol. When the CEO witnesses the largest complete collapse in the share price in decades but sends a extremely weak message that is supposed to support, then that's a enormous red flag .!

The discussion is not around the ambitions of the CEO but the reasons why a special accounting firm is demanded to be called in , and the board all speechless.

What if a up to billion pounds missing ? Who knows?

I understand it employs 35000 staff and has numerous accounts all over the world ?

But this only opens the suggestion that something big is a miss !!!!!!

Hence the massive silence!!!!!!!!

Will this drop below 46 p tomorrow and then collapse completely!