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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Petro Matad Limited | MATD | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
1.375 | 1.325 | 1.375 | 1.325 | 1.375 |
Industry Sector |
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OIL & GAS PRODUCERS |
Top Posts |
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Posted at 27/11/2024 14:29 by neo26 Nope h1 looks bad too. Its over for matd.. |
Posted at 18/11/2024 15:12 by simon8 To be frank PetroChina have all the cards, they are the off-taker and Matd are using their facilities... they could easily make a low ball offer for the company and Buck would have little bargaining room, and I am sure PetroChina do not have the "admin" issues Matd has had with the local and central govt for obvious reasons... I'd snap there fingers off at 4-5pThat being said I doubt they'd bother.... |
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. |
Posted at 15/11/2024 07:44 by batiatus Quiz of the day!The Petro China deal is very unlikely to happen. Mr Buck did something shamelessly (he even said in a presentation himself) that would have likely resulted a fallout between Matad and Petro China's relation. Hence, this is most likely the reason the PC storage facility agreement didn't go through. What did Buck do? If you have been following MATD for some time then you should be able to answer. |
Posted at 14/11/2024 14:31 by batiatus Shouldn't you be worrying about GDR washingmachine because they're next.It's seems like your crew has arrived together with bones. Thinking about trading MATD? Good luck. |
Posted at 14/11/2024 10:42 by batiatus MATD doesn't have anything else to sell. Heron is the only thing that WAS worthwhile in the portfolio.Now that they have messed it up, can't see the next fundraise going well. |
Posted at 14/11/2024 07:57 by batiatus I like to see telbaps shocked Pikachu face.Todays news was all within my expectations. I did warn everyone here of the MATD BODs incompetence. 10 years plus and millions wasted and what have they achieved. I was even spot on that Heron 2 would be a dud. What do the have now....answer is nothing. |
Posted at 22/10/2024 06:56 by p@ Petro Matad Limited Planned production startup at Heron-1 MATD +0.00%RNS Regulatory News - Today @ 07:00 ("Petro Matad" or the "Company") Planned production startup at Heron-1 Petro Matad Limited (AIM: MATD), the AIM quoted Mongolian oil company, provides the following update on the planned start of oil production in its Block XX Production Sharing Contract area in eastern Mongolia. |
Posted at 15/10/2024 06:58 by batiatus "2019 they struck oil in heron, exploitation license took years. Where u got 9 years from?"It really shows your lack of knowledge in MATD. I'm talking about the PC deal, and they have been bragging about it since 9 years ago. However, nothing ever materialized aside the verbal agreement of using the PC storage tanks. Buck was adamant that they were looking for a JV with PC. Remember MATAD had open their seismic data room for external access? Sadly no one were interested. To date PC has not expressed one bit about a JV. It just Mike talking out of his backside all these years. Going forward, MATD needs to drill multiple Heron wells but no mugs will be willing to fork out millions. Perhaps a large fundraise or MATD will seek the death spiral finance Bergen once more? 1.5billion shares in issue but that doesn't stop Buck from further diluting shareholders shares |
Posted at 02/10/2024 09:28 by sammy g I predict MATD will be one of the big movers in this quarter,it has been a while coming but finally MATD is in play for real.Reading between the lines of latest RNS i think the company are confident of having multiple wells at Heron on production fairly soon ( weeks ) If the Gobi drill has success also this will seriously multi-bag imo |
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