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.......................................................FIRST DAY PRICES WHEN MTA RE-LISTS OPEN AT.........................................................................................................CLOSE AT rorker.............3.5p oldnic................0p theg4mbler....1.1p Crewman.......1.6p mikeboy...........4.0p fifejim...............1.0p Notoriousx7.....5.2p bakoven...........1.446p Clox...................1.025 budgetbond......1.70p davefrench.........1.00p....................................................................................................1.20p superted.............2.25p eddyboy..............1.60p.....................................................................................................2.10p gezza....................1.20p brezhnef...............3.00p BillyBadBack......£4.70....................................................................................................2.88p green.arthur.........1.75p...................................................................................................2.50p maximbygraves............£6.67 ROBBY1................£1.0125
Welcome back, matey. Barskiy bought at 0.8p, not "2p ish" "11th April 2012 Matra Petroleum plc ("Matra" or the "Company") Introduction of a Strategic Investor, Proposed Placing to Raise £4.6 Million and Planned Appointment of New Non-Executive Director Matra, the independent oil and gas exploration and production Company with operations in Russia, is pleased to announce that it has entered into an agreement with Mr. Maxim Barskiy, pursuant to which it is proposed that Mr Barskiy will become a strategic investor and a non-executive director of the Company. The introduction of Mr Barskiy as a strategic investor is expected to bring considerable new project acquisition opportunities to the Company. As part of the agreement, Mr Barskiy will, subject to Matra shareholder approval, subscribe for a placing of 575,000,000 new ordinary shares in Matra at an issue price of 0.8p per share (the "Placing Shares"), raising a total of £4.6 million before expenses (the "Placing"). "
OPEN AT rorker.............3.5p oldnic................0p theg4mbler....1.1p Crewman.......1.6p mikeboy...........4.0p fifejim...............1.0p Notoriousx7.....5.2p bakoven...........1.446p Clox...................1.025 budgetbond......1.70p davefrench.........1.00p........(1st day closing price....1.20p) superted.............2.25p eddyboy..............1.60p..........(2.10p @ 1st day closing) gezza....................1.20p brezhnef...............3.00p BillyBadBack......£4.70...........(2.88p @ 1st day close) green.arthur.........1.75p.........(2.5p @ 1st day close) maximbygraves............£6.67
OPEN AT rorker.............3.5p oldnic................0p theg4mbler....1.1p Crewman.......1.6p mikeboy...........4.0p fifejim...............1.0p Notoriousx7.....5.2p bakoven...........1.446p Clox...................1.025 budgetbond......1.70p davefrench.........1.00p........(1st day closing price....1.20p) superted.............2.25p eddyboy..............1.60p..........(2.10p @ 1st day closing) gezza....................1.20p brezhnef...............3.00p BillyBadBack......£4.70 green.arthur.........1.75p.........(2.5p @ 1st day close)
on Wall Street.
Each £1 on the MTA sp adds £1.935bn to the MTA Mkt Cap.
STAV doesn't like me making predictions!! LOL
OPEN AT rorker.............3.5p oldnic................0p theg4mbler....1.1p Crewman.......1.6p mikeboy...........4.0p fifejim...............1.0p Notoriousx7.....5.2p bakoven...........1.446p Clox...................1.025 budgetbond......1.70p davefrench.........1.00p........(1st day closing price....1.20p) superted.............2.25p eddyboy..............1.60p..........(2.10p) gezza....................1.20p brezhnef...............3.00p
rorker.............3.5p oldnic................0p theg4mbler....1.1p Crewman.......1.6p mikeboy...........4.0p fifejim...............1.0p Notoriousx7.....5.2p bakoven...........1.446p
rorker.............3.5p oldnic................0p theg4mbler....1.1p Crewman.......1.6p mikeboy...........4.0p fifejim...............1.0p
rorker.............3.5p oldnic................0p theg4mbler....1.1p Crewman.......1.6p mikeboy...........4.0p
rorker.............3.5p oldnic................0p theg4mbler....1.1p Crewman.......1.6p
rorker ....... 3.5p
I'm surprised no one has yet started a competition to forecast the MTA sp on opening when it re-lists. Who's going to start a "book"?
Spot on, buddy. I missed that when reading the RNS earlier. So it looks like phase3 is ongoing.
I don't know at what price the MM's will open at for MTA when it re-lists, nor do I know how the sp will perform after it re-lists. However if MTA opens at the 1.025p pre suspension price the MTA Mkt Cap will be £19.50m. For comparison these are the current Mkt Caps, according to the lse, of small AIM O&G, like MTA, operating solely in the USA: NTOG £7.91m CAZA £14.41m MAGP £21.17m NCT £10.51m PANR £24.76m I should research these companies to determine their production, reserves and whether they have any debt to give you an idea as to the possible MTA sp the MM's will open up at when it re-lists. If your miracle happened and MTA achieved a 10p sp in 2014, on the current shares in issue, the MTA Mkt Cap would be £193.50m. I think you are correct. It would take a miracle!!
From the RNS dated 31st October: "Pursuant to the Purchase Agreement, following completion of the Phase 2 Investment, Matra USA may exercise an option to acquire the 50% of PG-M JV that it does not already own, in consideration for the cancellation by Matra USA of the debt outstanding to it under the Phase 2 Loan (the "PGM-JV Option"). The exercise by Matra USA of the PG-M JV Option would likely constitute a Reverse Takeover under the AIM Rules as, by taking control of PG-M JV, the Company expects to become a trading company for the purposes of the AIM Rules." Hence MTA can re-list after the completion of phase2 and before the completion of phase3
makday 22 Jan'14 - 12:16 - 7288 of 7289 I see 10p opening price. This is marvellous news. ultrapunch 22 Jan'14 - 12:39 - 7289 of 7289 So you see a circa £200m Mkt Cap on 600bbls of oil produced within the last 10 weeks, or so? All I can say is you shouldn't have stopped taking your medication! LOL.
I don't know, buddy. All I know is todays RNS makes no mention of phase3. All I said was that it appears MTA will re-list very soon. phase3 was anticipated to complete by the middle of April. From what Barskiy says it looks like MTA will re-list way before then. Probably next month?
No mention of phase3. phase3 was expected to complete around the middle of April. Since Barskiy said the following in todays RNS, I believe phase3 wont go ahead before MTA is re-listed on AIM. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Suspension to trading on AIM The trading in the Company's ordinary shares continues to be temporarily suspended until such time as the Company publishes an admission document or the relevant transactions which would constitute a Reverse Takeover under AIM Rule 14 otherwise no longer proceed. The Company anticipates the preparation of the admission document will commence shortly and it is expected that restoration of the Company's shares to trading on AIM will occur once the admission document is published.