Petro Matad Share Discussion Threads

[luckyvince] 12/9/2018 21:47

personally, i think the risk is well worth taking for the possible reward.

[pro_s2009] 12/9/2018 21:08

The only people selling on a SL-1 duster will be shorters..........so its going to be a race to sell and buy back, the last ones getting caught and losing money as the price rallies as all those watching and waiting to buy in for Wild Horse-1 buy in and the price rises.

Normally a good 35% at open, so perhaps opening price of 5p to sell and then quickly recover to 7p to sell, and probably finish the date down maybe 5% only on the price.


If SL-1 has struck oil then perhaps opening at 20p and rising to end the day around 20p to 25p. As and when the testing rig goes in to do from flow testing then the full value can start to be put in.........after a good flow test then maybe 60p or more (given that around 500 million to 700 million barrels will be derisked in the immediate SL-1 vicinity).

[alexios1201] 12/9/2018 20:00

3.5p(cash level) on Snow Leopard duster

[honestmarty] 12/9/2018 18:37

Any thoughts on the share price on a plug and abandon?

6.5p immediately, rising back to 7.5p on next spud?

Nearly 70 days now, Mike sounded positive in last utterance, I wonder does the duration mean we have something to test?


Where the price goes if they find something ?

[pro_s2009] 12/9/2018 15:13

Get the feeling it will either be bad news Friday or good news Monday.....

[luckyvince] 12/9/2018 09:50

Day 65 of the original 70. 18 days to end of the month, however, the last 2 days are a weekend so 16 possible days if all is revealed to plan.

[pro_s2009] 11/9/2018 12:51

Morning was all fake.

Spread was 8.0 to 8.4

But actually anything below 8.3 was a sell and above 8.3 a buy (real spread 8.2/8.4) so all this morning buys and sells all reported as buys.....must be near spread bet rollover time I guess..........

[trulyscrumptious] 11/9/2018 12:42

Plenty of buys, or so it seems, yet the share price is only up a bit.

[luckyvince] 11/9/2018 11:30

just ban him.

[the fat controller] 10/9/2018 21:39

If you wanted to trash a share, then you’d make sure that no sensible chat could take place on the bulletin board, by talking utter, offensive garbage that everyone steered clear. Why would they do that? Why not just ignore?
So we can take great confidence from the behaviour of the morons on this board.
Looking forward to the next few weeks.
GLA TFC

[big brother8] 10/9/2018 19:11

scammer

liar

and a P.A bear

[pro douchebag is a nonce] 10/9/2018 19:07

scammer

liar

and a P.A bear