China Africa Share Discussion Threads

[scyther] 16/11/2016 09:11

I think they will place, cash is incredibly low and major shareholder is useless

[racinglad] 16/11/2016 09:08

Any idea why this has suddenly moved, apart from the commodity prices?

[deltalo] 11/8/2016 17:42

Are you for real lol, Your in the wrong board you pri*k. Why would anyone touch matd as there cash will just be dwindled away. If shell are not interted then why should we!!! Keep your money in a safe house only not in here either. Rule number one, don't advertise other companies on an other boad as its wong. Now go away and get some dignity.

[boom boom bang bang] 11/8/2016 12:46

NEW OUT

£12.3m payment

MCap 8.7m

11/08/2016 12:43pm
UK Regulatory (RNS & others)

Petro Matad (LSE:MATD)
Intraday Stock Chart
Today : Thursday 11 August 2016

Click Here for more Petro Matad Charts.
TIDMMATD

RNS Number : 9560G

Petro Matad Limited

11 August 2016

11 August 2016

Petro Matad Limited

("Petro Matad" or the "Company")

Financial Update

Further to the Company's announcement of 5th August 2016, Petro Matad confirms that the $10,005,303 exit payment stipulated by the Farmout Agreement has now been received by the Company.

Upon completion of the reassignment a further $5m payment is due from Shell.

A further announcement will be made in due course

[bmk1] 11/8/2016 11:26

oh dear oh dear

[scyther] 11/8/2016 11:14

No it's not liar

[letmepass] 11/8/2016 10:54

News coming twitter

[scyther] 10/8/2016 10:58

Anyone here in contact with the BOD? What are they actually doing?

[kingivor] 04/5/2016 14:49

Prelims due any time

[paleje] 29/4/2016 10:01

RNS in the pipeline if '1' trades really mean anything.

[paleje] 28/4/2016 21:54

Placing ahoy usually sends down not up? I wondered if they might be in talks to get rid of, zinc outlook still not great but even at current prices the asset must me worth a few times the m/cap. I'm still holding from the old Weatherly in specie payment and had more or less written off but the flurry of activity caught my attention.

Daft that pocket money can shift a share price 60%:)

[ashbox] 28/4/2016 19:40

Probably going to be a placing.

[danieldruff2] 28/4/2016 17:49

A dash to trash across the AIM resources sector

[paleje] 28/4/2016 16:12

Anybody any ideas why the near 50% rise albeit on very small volume.

[andrbea] 01/4/2016 15:10

is this going up because wti is up 46%?

[scyther] 31/3/2016 20:37

Do these guys even respond to shareholder emails??

[mattjos] 16/11/2015 16:37

Skint. Nada chance of getting this mine into production at current prices

[paleje] 13/10/2015 15:47

Glencore cutting zinc production might've helped.

[jasko] 13/10/2015 11:17

What's going on here?

[tomboyb] 08/5/2015 15:06

Gone blue - AGM upcoming

AGM details one website

Shares in issue: 23,076,924 1p Ordinary Shares in issue, as at last close

Major shareholders information

Shareholder name (* - Executive/Director) Amount % Holding
HK ECE 15,000,000 65.00
Weatherly International plc 5,769,232 25.00

Certainly Zinc prices have gone quite a bit so I wonder whether they will go head with Bukas -

CAF fell from 34p to these levels - I think at one stage they thought WTI the 25% holder of CAF was about to go bust - Not according to todays RNS

[tomboyb] 08/5/2015 11:54

WTI - will relist on the 11th -

Good news there and the placing for WTI -

[mattjos] 04/3/2015 09:29

akin to a zombie company. no cash to advance. CEO's reputation will prevent any buying. Chinese parent is reportedly experiencing its own difficulties.
Going nowhere without a big injection of cash or a cash producing asset