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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Petro Matad Limited | MATD | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.025 | 1.35% | 1.875 | 13:03:55 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.85 | 1.85 | 1.90 | 1.875 | 1.85 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 16/3/2025 22:23 by cat33 Starting to come together https://oilman.beehi |
Posted at 18/2/2025 21:03 by indiangod Feeling frustrated are we?Another 8 years in the pipeline for Borzon Block An additional £15 million is required for another one of Bucks campaigns Existing shareholders will be further diluted with no real value to their shares lol I said 8 years but that's if MATD doesn't get suspended before then. |
Posted at 16/2/2025 23:11 by indiangod MATD has had enough chances.Give them another £200 million and the CEO will blow it in not time, returning with little to no result. How about they prove first that profit is achievable because right now it's definitely now. £174million wasted £0 revenue |
Posted at 14/2/2025 12:02 by indiangod ⚠️ϜThe MATD CEO quite rightly prefers straight equity raises to minimise debt. Both the bulls and bears have merit at this stage as the long term prospects are good but the here and now is that MATD needs to raise funds to enable those future long term prospects. At best MATD will have $1.6m at the end of Q1/25 if they do not manage to sell and get paid for the oil in store prior to that date. If they do manage to get paid then they will have at best $2.8m at the end of Q1/25. That is not enough for the CEO to move the company forward in 2025. Therefore a raise is almost certain, whether that is by the issue of shares to Petrovic for a greater share of the company or by a placing on the open market. If it is a placing on the open market then it would be essential (MB's words in the last presentation) for the CEO and Petrovic to take part. That raise may or may not be at a discount to the prevailing share price at the time - dependant how the CEO sells the future prospects of MATD. Placings are reality at this stage and a reality of AIM. A placing may be bad for the short term share price but can be good foe the long term market cap. Short term pain for long term gain. The Mongolian Government will not imo provide funds - that is what the PSC is for, foreign investment in the oil fields with the MG taking their share of the profits. The MG are not concerned in the number of share is issue, only that MATD can raise funds to invest in Mongolia. I note that Resolution 4 of the forthcoming AGM is for the BoD to allot a further $6.4m of new shares. Again imho those shares will be issued in 2025. Short term pain for long term pain. Can we stop all the childish name calling please |
Posted at 14/2/2025 11:47 by indiangod What has the company achieved over the years in Mongolia?200bopd with the well still having issues Absolutely £0 revenue received into the MATD bank £15 million quid needed for upcoming operations MASSIVE PLACING! |
Posted at 12/2/2025 21:38 by indiangod No meat on bones = MATDConstantly overspending money they don't have and transfering all the expense & distress onto shareholders |
Posted at 12/2/2025 20:10 by indiangod Who cares about your stupid questions.Fact is MATD has made fork all. Also, MATD will be spending massive amounts of money they don't have. |
Posted at 12/2/2025 19:15 by indiangod How about proven MATD will have enough funds soon? You can't because they don't.The only chance for a bit of revenue is H1, but even that well is suffering from issues. |
Posted at 12/2/2025 15:59 by zooman Tel the more this Indian idiot posts, the higher the share price rises the more its clear he's a paid basher. .The temp is minus 36 degrees in Mongolia nothing will happen for a while on modifications to the well head to control the high pressure. .We could be producing 800 plus BPD it's only due to safety concerns the well head has been chocked back to 200 BPD..I'd rather have this situation rather than MATD struggling to pump the oil out .GLA..Zoo |
Posted at 18/11/2024 09:40 by stockmaiden Matad are open to a few options here.PetroChina could go into a JV and fund the rest of the Heron campaign for a share of the field. Petrovis could and would chip in to support MATD when necessary. I can't see Petrovis letting MATD go under. Matad is/will be producing oil. They are debt free and can take out a loan if need be. Nothing is without risk, but it's looking favourable for MATD. |
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