Maybe, maybe not. Time will tell. Just hope next update is positive. |
1.4p, Been robbed. |
Shame for all who sold at |
Bones.....h1 has issues with gas which they will overcome. Mr market does not like uncertainty, and that's what we have and that's the reason why the share price is at 1.5.pSo, let them sort the gas issue while all the time pumping oil. Let them look at the data for h2. The main issue is get the offtake deal settled and the oil being sold so we can see some income, and start building a little confidence. |
I have no doubt that the flow rates will increase from here, all there families and mates will be in by now. Hold to the next update and see. I've take a big slice in here yesterday and very confident in big returns. Thats my opinion and my choice just like all in here. Atb. |
We all have a point of view, I believe my post was couched heavily on the negative.. but H1 can with technology and equipment be worked up to mitigate the gas and increase production rates...it was flowing at previous discovery rates it was only choked down because of the gas, H2 jury is well and truly out, but that too van be perforated to increase flow... and the well is in place so even if low production it is something.
Whilst this was not what we had hoped for it id not the end of the story...
I assume Bones you don't have shares but just popping in to convey your wisdom; bulletin Boards are full of "agendas"...in 40 years of share ownership and now in the modern era of these boards I have never posted on a board where I didn't own shares, I don't see the point and not sure I follow the mentality of people who do. |
Simon ,how do you come to that conclusion . H1 performing very poorly and H2 has all the signs of non commercial.amd could be P And A . I don't see many positives unless your a total dreamer . Heading to 1p ina hurry as predicted . Be careful of those who are under water here talking it up |
There is a much bigger problem than the flow tests which no one has pointed out yet.
It is for this reason the share price is going lower!
Those that attempted to do a quick trade has now either lost money or locked in LOL |
Sadly whilst not a very good outcome on the flow testing I think the drop has been overdone, though once a company who have continuously let down its shareholders does it once too often it gets over punished... Buck really needs to stand down, the last few years have been awful, dilution, inability to get the basic documentation in place, general poor decision making, exploration failure (well they were wildcats).. it all adds up to the market saying you've failed over and over..how do we trust you point forward...we see that clearly in the share price performance today. Yesterday's fall was expected post the RNS, today should have been a small upward tick consolidating at a lower level... the fact it's still cratering clearly says confidence gone. |
It seems no one can provide an answer.
Well, I ain't going to give away information to lazy day traders who doesn't research the company.
I enjoy watching these type of people lose money and then they get frustrated over sensible posters who post facts. |
Why did they raise 275k if farmout imminent? |
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. |
Dump this and buy TRP . Cameroon farm-out news due there any day which should quickly triple the share price imo."The updated proposal the Company has received is more detailed and would now provide in excess of US$15 million of funding for the Thali PSC work programme, including drilling the NJOM-3 well (which is already partly funded), in return for a minority interest in the PSC, and with Tower remaining as the Operator. " |
I suspect the people encouraging buys are really the people trying to offload their shares. |
Dead cat bounce is what you are alluding to by any chance? Each to his own... |
I don't know whether it will be a blue day tomorrow, but in the longer run this is going down. Trade at your own risk. |
Back in after so many years, done full circle, Not great rns but not that bad to justify this drop,All can change in no time. Tomorrow is a blue day inbound imo. Start the climb again. |
Anyway，today's MVP award goes to Mr Fa_k. He single handedly destroyed the company's favourable prospect and once again screwed 1000s of shareholders who had supported in MATD's milestone. |
I was from 1.5 to 4 plus etc
I’d be interested in GDR again at 1.5 /6 |
I’m not in GDR
I’ve absolutely no interest here
No matter the price |
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. |
H2 has screwed the company over time, another placing coming.. |
I can remember warning you all
About flow rates ..
I take no pleasure at all seeing today
But until you have concrete flow rates
AVOID |
Whats more worrying telbap, is there is no mention on the Petro China agreement.
Talks ongoing for 10 years but Matad couldn't finalise a deal.
Or could it be the next excuse lined up already...
My point is nothing is in the bag yet. Heron1 may sound good if you want to look at it that way, but do pay attention to the issue around that as well.
Like I say, the next update is likely months away. The temporary interests along with the trade volume will die out...
SP looking like it would go in the 1p direction
Imho |
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