Petro Matad Share Discussion Threads

[fatfish] 11/12/2024 19:14

what happened today??

[eyeofthetiger] 09/12/2024 08:28

Had a feeling...see my last message. Once this goes, it will go strong. the 500K buys are not play money. All aboard and time to get under 2p considering this was over 5p a couple of months back.

[sniperstocks] 09/12/2024 08:06

Looks to be another nice blue day. NT to buy for 5 mins now.

[sniperstocks] 06/12/2024 16:15

Next week will be fun. The life and soul has been sucked out of this stock. This is as low as its going to get with their well already producing 800mbls.

[eyeofthetiger] 06/12/2024 15:51

Leaky and very bullish buying. Are they about to drop a big RNS?

[stockmaiden] 30/11/2024 11:18

The potential of what HEX has is immense, but results are key and we will know as news comes in over the next few weeks.

Amsden will produce Helium to the value of $1 million per year, but extracted in conjunction with Flathead or Charles.

Charles has largest Helium and will be tested further with stimulated flow testing, just waiting for team to be on site.

Flathead has potential commercial Helium, and commercial Hydrogen which if proven would be a significant game changer. Bo has been seeking expert help with regard to Hydrogen discovery.

Rudyard testing commences next week, and previous testing concluded there was commercial Helium with commercial flow rates. There is considerable potential for expansion at this resource.

They are the facts. No ramp, just facts

[stockmaiden] 30/11/2024 07:29

Hex’s most recent RNS states a prospective helium sale price of $500/Mcf.

Regarding the share price and keeping in mind that HEX's portfolio comprises two assets, one much smaller in scale than the other, Hannam&Partners released a research note earlier this month which suggested an unrisked valuation for the company of 183p (versus a risked valuation of 34p). This estimate took no account however of the potential for hydrogen in Flathead which IF commercial could quite realistically add another 100-300p given that it would be the first commercial deposit of its kind in North America.

[deltalo] 28/11/2024 08:32

According to the latest update, H1 is doing well with the potential to increase production to over 800 bopd, just chocked back at the moment until they have controlled the pressure fluctuations, Highlights· Heron-1 is producing well with maximum deliverability estimated to be similar to or greater than the 821 bopd achieved on drill stem testing in 2019.· The oil has more associated gas than expected which improves the flow potential but is also causing pressure fluctuations at surface and so production is currently choked back in the 200 to 300 bpd range.· Production is being trucked to the neighbouring Block XIX TA-1 facilities and stored. The commercial terms of the Cooperation Agreement with Block XIX operator have been agreed and the final wording is being prepared for sign off by MRPAM. Once approved, export paperwork for Block XX crude can be prepared and sales will then commence.

[neo26] 27/11/2024 14:29

Nope h1 looks bad too. Its over for matd..

[johnnnie2000] 27/11/2024 12:49

This has not aged well, h2 sounds bad

[deltalo] 22/11/2024 15:33

H1 producing high volumes of oil constantly, High quality and H2 will be assessed to maximise production until a side track drill is done. Imo. We all know the oil is there that's the point.

[telbap] 21/11/2024 12:44

Maybe something brewing, always a leaky shop here....

[thebradski007] 20/11/2024 11:25

Thank you and as you state past performance does not guarantee future results.

[batiatus] 19/11/2024 11:15

I wouldn't like to be in MB's position right now.

He had betrayed faithful shareholders many times. It unethical.

Many angry long-term holders who has lost their fortune.

MB will be living his remaining days looking over his shoulder.

[batiatus] 18/11/2024 19:10

thebradski007, you're probably the only poster on this bulletin board that I have to agree with.

I like your honesty about it's nothing to do with fundamentals. You must have really been here for a long time to know historically, the share price movement ought to do well from November to January time.

Though nothing is really guaranteed, but you're right about the winter period where share price drops with the expectations of inactivity.

Note I am not suggesting anyone should buy or not buy. I'm just stating something purely based on past performances.

[thebradski007] 18/11/2024 18:27

Don't need to already stated I only purchase Nov / Dec when price stalls due to winter closure / lack of news. Absolutely nothing fundamental, couldn't care less. Rinse and repeat every year. Buy late in the year, hold to spring, sell on way up when everyone's getting excited before a topsy turvey summer leading into a winter decline. I see this negative talk every winter and it's music to my ears. Traded these for the past 5-6 years like this. Every winter there's always some 'drastic' news and everyone thinks they're going to sub 1p, doesn't happen, winter passes, news comes out and share price rises.

[batiatus] 18/11/2024 17:36

Perhaps you should elaborate on your post thebradski007

The share price is going above 3p because....

[thebradski007] 18/11/2024 17:07

I only check in here every Nov / Dec and pick up some shares for Spring. This is a blessing this year at current prices (sorry LTH's). Each to their own but I have no fears about where the price will end up come spring, put it this way - conservatively above 3p. That's all, I'll post again in March ??

[batiatus] 18/11/2024 15:25

4-5p would be a good deal taking consideration of Matad's incompetence.

It's probably for the greater good if the company gets taken over.

[simon8] 18/11/2024 15:12

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 4-5p
That being said I doubt they'd bother....

[batiatus] 18/11/2024 15:09

If Mike F K has any dignity left, then he should really be working around the clock (no sleep and no flying back home for Xmas) to make sure there will be no more crock ups.

He has let shareholders down time after time. That is the only way for him to redeem himself.

The old geezer doesn't deserve to be running Matad in my honesty opinion.

[stockmaiden] 18/11/2024 11:39

Ignore the scaremongering. Look at the positives.

All the puzzles are falling into place for Matad.

- Matad is about to become a producer
- PetroChina deal being finalised
- Sales contracts near conclusion
- Invaluable geographic data being analysed for next phrase (DQE or PC JV potential)
- Backing from Petrovis main company.

This is a time to accumulate stock if you believe in Matad.

The bad news is already out of the way. Lots of positive news flow to come.

People had paid much higher per share.

Remember, Rome was not built in a single day