Petro Matad Share Discussion Threads

[telbap] 11/4/2024 15:44

There is deffo a buyer out there .....nice reversal today

[basem1] 11/4/2024 13:36

Tomorrow perhaps after a tiny pullback today Chart is playing out nicely on a technical basis

[basem1] 11/4/2024 13:35

Ooooh we are at 6 support/resistance points on the 1 year chart If we can break through here It should run to 5p quite quickly

[telbap] 10/4/2024 23:47

900m shares in float, 2m is a drop in the ocean. But 14% up...I'll take that:)

[basem1] 10/4/2024 16:20

Definitely not an illiquid stock with daily averages above 2m shares traded but nice to see us up all the same

[telbap] 10/4/2024 16:14

Looks like some buying into an otherwise illiquid stock, pushed us up today.

[telbap] 08/4/2024 22:35

Looking that way. Harva, these things have a way of suddenly appearing signed sealed and delivered out of the blue.Fingers crossed.

[simon8] 08/4/2024 15:26

still no signature...urgh...would you believe this..probably yes - totally hopeless, I sadly believe this is going to be the same old story all the way through the summer - groundhog year!

[telbap] 22/3/2024 12:14

Looks like we have a strong seller into anything over 4.25

[telbap] 18/3/2024 17:55

Back up to 4.25. Progression to 5p would deffo indicate some new progress, other than that, more of the same waiting

[hey50] 15/3/2024 10:52

Simon, if there HAD been an RNS I think questions would need to be answered. Skip a day, my money's on Monday

[dalailama] 15/3/2024 08:30

Couple of lads hyping on LSE, they've been saying for years they have insider information!

[simon8] 15/3/2024 07:36

mmm.. no RNS at 7am, I assume there was a reason behind the jump yesterday late afternoon... let's see what happens at 8am.

[telbap] 14/3/2024 16:22

Yep I would say deffo a governance failure ;)

[simon8] 14/3/2024 15:49

err ... leak... something in the offing!

[dalailama] 07/3/2024 10:40

More nonsense/hype from the same feĺla on LSE

[simon8] 07/3/2024 10:22

all crossed...

[benjamin15] 07/3/2024 10:07

Looks like leaky ship if you read through lse

[telbap] 07/3/2024 10:06

Ok back to 3.70 today.....leaky ship? Of just some random retail buying?

[simon8] 04/3/2024 10:19

telbap... i think we have just taken a few steps forward via walking on the spot - the piece of paper is still outstanding and no closer to being obtained - representations to the Ministry, prime minister and president haven't helped in the past.

As for the brown envelope... it has i think crossed all our minds that is the main reason behind the delay...the official is expecting a bung and the company through good governance is not paying it...result - ever decreasing circles of stalemate

[telbap] 01/3/2024 14:20

Might be a little basic for some, but generally that's how it goes.

[2 solaris] 01/3/2024 13:31

Not sure if we have actually moved forward or not, still waiting for the regulatory formalities from government. And now we await more signing - the land use agreement.

'We are hopeful that the Provincial authorities, who are holding up the Special Purpose Certification of the Exploitation Area, will not disrupt in any way the District's approval process, but we remain vigilant.'


'...With that being said, we are extremely frustrated with the continued delay to the State Special Purpose Certification process and we continue to push to get this resolved.'


Always a fly in the ointment.

[telbap] 28/2/2024 23:31

To be fair the entire sector is off with a few exceptions. We need at least a glimmer of pen to paper hope from management. Here's hoping!2p and I will buy another clip for sure.

[dalailama] 28/2/2024 13:01

Shame, MATD was highly ramped on LSE and likely many left holding as a result.