Petro Matad Share Discussion Threads

[tomford8] 01/6/2019 09:12

Petro Matad Limited CEO Mike Buck's excellent video presentation

to investors at the Oil Capital Conference March 2019

hxxps://youtu.be/vwg5tW00E6A

[pro_s2009] 01/6/2019 08:22

Worth listening to this again:



.

[grannyboy] 31/5/2019 17:00

Yeaa..I'm worn out now looking at my screen all day, watching the share price reaching for the stars...

I deserve a few sherbuts after a hard days toil...D)

[top tips] 31/5/2019 16:43

Good day. Well done everyone.

[pro_s2009] 31/5/2019 16:37

Not off the top of my head.

I believe Heron is 75% and Red Deer was over 40%.

Red Deer is a basin opening play, if that comes in thats worth a load plus a lot more.

Heron 25 MMBO circa 18p a share
Red Deer-1 48 MMBO circa 32p a share (plus loads of follow on leads)
Gazelle 13 MMBO circa 8.5p a share

Drill 4.......depending on where it is, if Block V then its a biggie, 200p a share potential, if its Block XX again then maybe another 20p to 30p a share size drill.

[pauliewonder] 31/5/2019 16:30

Feel your pain. Not sure my average but its double figures and I think closer to 12p. Had thess in a draw for a while but would love to get back into profit. Not sniffing at today's rise, may there be more to come

[2solaris] 31/5/2019 16:27

Do you know the Cos of Red Deer off hand Pro? Can't be bothered to look it up as I am busy.

[enewman36] 31/5/2019 16:27

Well the 136k trade is a buy as it is mine, gla

[muddyfox0151] 31/5/2019 16:27

You owe a pint 20% today :))))) mark Kirby Tip SKIN ! Looking good :)

[momentum1] 31/5/2019 16:26

Back to back drills targdtting 75 million barrels. Target is 20p as a minimum

[pro_s2009] 31/5/2019 16:20

Nothing goes up in a straight line, you need sellers to enable buyers to buy in quantity and at prices they are willing to hold for the next leg up.

Thats the market........

Given we will have two wells on the go at the same time, both due at TD at the same time and both having a material impact on the share price......ok......maybe 12p pre spud then and not 8p. Maybe more....who knows ?

[debz3] 31/5/2019 16:10

Pesky profit takers why sell before the drilling even starts

[momentum1] 31/5/2019 15:54

Gap up into close and into Mondays open.

[2solaris] 31/5/2019 15:51

Did rocket man buy some? #7 on the ADVFN gainers board!

[markstevenkirby80] 31/5/2019 15:44

Flying with the eagles

[momentum1] 31/5/2019 15:28

Wave after wave of buying. Every dip getting bought rapidly. 8p close anyone?

[2solaris] 31/5/2019 14:53

At last it is moving up towards where it should be which is in double figures. Mike Buck said he thought the drop was overdone but then he knew the potential and at last investors are catching up to the fact this is still an absolute steal.

[momentum1] 31/5/2019 14:26

Well on its way. Volume is excellent. Double figures next week.

[trulyscrumptious] 31/5/2019 13:48

And MB thinks it is higher than that but apparently 75% is the highest it can be. There is always the chance of a meteor hitting the Earth, very remote I know, but still a chance.

ducatiman. It certainly looks as if things could go that way.

Pro. I think your 8p on spud may be a bit parsimonious unless spud is in a couple of weeks!

[grannyboy] 31/5/2019 13:42

Without coming across as too pedantic ...the CoS is 75%+. ; )