Matra Petroleum Share Discussion Threads

[beggarman] 20/2/2018 16:59

We need to know why they commissioned a reserve survey last November, this will indicate how they intend to move the company forward.

[doxford] 20/2/2018 16:00

The endgame is already with us...keep the status quo. We sit in an ivory tower drawing wages and doing nothing. The oil income [ paid for by others ] is shared by them in the tower and them alone. Why change anything if you are part of this comfortable gang?

[rodneyfoster] 20/2/2018 15:43

Beggarman What's their endgame here ?

[rodneyfoster] 20/2/2018 15:28

Beggarman Yes but suspect if you add up expenses backpay etc it also would also amount to almost same again as put in

[beggarman] 20/2/2018 14:57

With regard to tomorrow, I would expect revenue in the region of $3 to $4m with a net loss of $500k. Items to look out for are P1 reserves, are they still booked as $80m or $150m after the recent survey, accounts payable have they increased from $2m and finally cash.

[beggarman] 20/2/2018 14:50

Rodders

They rolled Winpro into Fireeast, so they recovered all their money when the Fireast shares were sold.

[rodneyfoster] 20/2/2018 14:47

Papillon Think though obviously can't be 100% sure MB and his gang have easily got back what he initially put into company - and plus

[barrie16] 20/2/2018 13:34

Rodneyfoster


Do you believe all hope is gone for this company?

[rodneyfoster] 20/2/2018 06:35

Everything you say is 100% correct .However you have overlooked the fact that MB and his gang have done very very well out of the catastrophe that is Matra , through various legal maneuverings.The back pay , warrants , expenses and the whole structure of the Soko sale and subsequent Texas deal have been disastrous for small shareholders but not his gang .Look at Vlad as soon as relisted disappeared into sunset with his backpay etc Question is what is the end game here .Irrespective of their apparent total disregard for small shareholders what about large investors who bought in at 8-10 sek .Sp drifting slowly down and no money to pay bills , debts or new drills .-Not sustainable Ps any news from the yea sayers .As in "I have 28 million shares" folk .They also seem to have disappeared with Vlad

[doxford] 19/2/2018 09:46

Their reputation for deceit and a constant downward spiral of shareholder value clings to them like the stench of a skunk. Anyone looking at or having suffered the past six years history of the gangs manipulations will know what I mean.

[rodneyfoster] 19/2/2018 09:20

Real rush to buy shares two days prior to latest results I see .Hopeless

[rodneyfoster] 15/2/2018 19:29

I presume other big investors who have higher averages than current share price must have been sold an end game or get out scénario .Why else invest .I also presume we would be party to that but but but

[rodneyfoster] 15/2/2018 18:58

Are you expecting anything good .

[beggarman] 15/2/2018 17:21

The Q4 accounts are due next Wednesday the 21st February.

[rodneyfoster] 15/2/2018 17:09

When is report due -Is it 23rd

[doxford] 15/2/2018 16:13

Wouldn't you just love to see the accounts and find out where the 30 odd million went?

[rodneyfoster] 15/2/2018 15:55

Oxford Never - just marketing .SP now lower than when trading on JPJenkins.Hopeless

[barrie16] 15/2/2018 15:09

doxford when are we going to hear any news??

[doxford] 15/2/2018 12:17

When are we going to see 6000 bopd? Next Wednesday. ?

[beggarman] 13/2/2018 15:55

If they take it private they would have to make us an offer, some of the large shareholders paid 10sek for their shares, I can't see them voting for a 5sek pay out.