Matra Petroleum Share Discussion Threads

[barrie16] 03/4/2018 12:26

Doxford

Don't knock it! keep fingers crossed.

[doxford] 03/4/2018 09:54

The mantra is on the air yet again, 6000 bopd or bust. Here we go.

[gobellin] 24/3/2018 17:07

I am a first time poster here but long time holder .Can anyone explain if these are worth holding onto .I saw the recent update on funding but can see no details anywhere .

[maceman] 23/3/2018 07:33

Mañana mañana

[beggarman] 20/3/2018 16:47

Perhaps news tomorrow.

[doxford] 20/3/2018 16:45

picked up 10% at the close of play.....lets hope it keeps going in the right direction.

[doxford] 17/3/2018 17:54

It needs a rapid drilling programme, updates on a completion basis, and a few wells to hit a sweet spot. ANY CHANCE OF ANY OF THESE THINGS HAPPENING?

[beggarman] 17/3/2018 13:02

I think the market is looking for some clarity regarding the new agreement:

1. How many shares will be issued to raise $2.2m, the fewer the shares issued the more positive effect on the share price.

2. How much of the 100 boepd is oil as opposed to gas, the more oil the better.

3. What will be the interest rate on the $10m loan, will it be 13% like the current $20m loan?

4. How many wells will be drilled with the $6m balance of the loan? It could be 15 if the price remains $400k per well. Hopefully this would take production over 1,000boepd.

[papillon] 16/3/2018 18:30

Hi looneytune. The MTA chart since it listed back in May 2017 still looks rather bearish. There seems to be chart resistance around 5 SEK. The low of 3.8 SEK a few days ago might prove to be the bottom. Needs to rise above 5 SEK again.

[looneytune] 16/3/2018 16:56

It came from the fact Matra will be (once i's dotted & t's crossed) well funded in order to maximise drilling their now slightly larger acreage. All eyes on Barskiy now!

[allend47] 16/3/2018 16:49

wow, where did that come from

[doxford] 16/3/2018 16:20

Up 14% at the moment on very little volume. What a strange beast this is. Needs to get back to at least 10sek and then start performing.

[doxford] 15/3/2018 08:02

Roughly 8011 x the sp, divided by 11 sek gives you a rough value in sterling.

[s34icknote] 14/3/2018 19:43

Can anyone tell me what 8011 shares are worth ?Held these on aim . Some one gave me them as a tip ! Sicknote

[beggarman] 14/3/2018 14:58

It will probably end with Melody buying out Rovelo.

[mike2042] 14/3/2018 14:33

Looks like the company is still going people, gosh, wonder what you can theorise re: how it will end now...?

[maceman] 14/3/2018 14:11

I'd say we must be due that phrase within a couple of months!

[doxford] 14/3/2018 12:17

How long before we hear the 6000 bopd mantra again.?

[doxford] 14/3/2018 09:22

Now then, news out re funding and drilling.

[beggarman] 09/3/2018 18:17

They are cutting it fine if they plan to start drilling in quarter two and haven't announced how they plan to fund the programme!

[doxford] 09/3/2018 10:03

Wouldn't it be nice if this lot actually said something once in a while?