Petro Matad Share Discussion Threads

[pro_s2009] 19/8/2019 11:12

Well done, looks like it is

[unlikely2] 19/8/2019 11:05

Not much action this morning, so amusing myself looking at Google Maps.

At posn 46°49'36.1"N 116°09'19.8"E I believe we find Heron. Image is from 2019, and if you zoom in you can see considerable vehicle activity. Follow the road a mile or so northeast and there is a well site, complete with beam pump, so presumably a producer - 19-46-3?. Moving further to the northeast you find the bulk of the block X1X wells, each with a distinctive ring round them. This can also be found by entering Toson Uul XIX.

Shame the pictures are not live.

[ducatiman] 18/8/2019 11:12

Very exciting few weeks ahead of us!!

[under the radar] 18/8/2019 10:39

Agreed - it’s a strong buy here.

GLA

[pjackson2] 18/8/2019 09:38

Can’t chart with news driven share. If news comes out share will move in that direction regardless what chart says

[2solaris] 18/8/2019 09:03

That makes me chuckle - 'The previous SHORT signal was issued on 12/08/2019, 4 days ago, when the stock price was 6.4050. Since then MATD.L has risen by +11.93%.'

But I agree with the latter part - Buy!

[avsome1968] 17/8/2019 23:47

MATD.L
PETRO MATAD
Last Signal:
BUY
Last Pattern:
BULLISH KICKING
Last Close:
7.3000
Change:
+0.4250
Percent change
+6.18%

Signal Update
Our system’s recommendation today is to BUY. The BULLISH KICKING pattern finally received a confirmation because the prices crossed above the confirmation level which was at 7.1000, and our valid average buying price stands now at 7.1690. The previous SHORT signal was issued on 12/08/2019, 4 days ago, when the stock price was 6.4050. Since then MATD.L has risen by +11.93%.
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance. more...

[2solaris] 17/8/2019 13:39

Best not to wonder gb, people are still wondering if the astronauts ever landed on the Moon! Conspiracy theories are usually just that. If MATD had told such a blatant lie they would be in serious trouble in Mongolia and over here.
The Heron crew and this actual rig have done numerous similar drills across the border and will make up for lost time but what will be, will be.

[spangle93] 17/8/2019 12:51

Think that Heron will be quicker than that. The rig crew were in Block XIX recently so should be familiar with what's coming, plus no more casing strings to slow progress

[gaffer73] 17/8/2019 09:54

Problem is if Red deer comes up dry it'll drop the share price way more than it would the other way around.

[grannyboy] 17/8/2019 07:58

It makes you wonder whether the delay at Heron wasn't planned just in case Red Deer comes in dry, they then have Heron to fall back on, or am I being a conspiracy theorist?..

Hopefully of course I would like Red Deer to flow oil...so fingers crossed...

[gaffer73] 16/8/2019 22:08

Cheers Pro, was hoping Heron would still come in first!

[pro_s2009] 16/8/2019 20:11

My estimates now :

Red Deer-1 well will be into Secondary target during week commencing 19th August.

Red Deer-1 well will be into Primary target during week commencing 26th August.

Red Deer-1 well results and RNS week commencing 2nd Sept.

Heron-1 well into Primary target week commencing 9th Sept.

Heron-1 well results and RNS week commencing 16th Sept.

Gazelle-1 spud October.

[gaffer73] 16/8/2019 19:31

Anyone got an estimate of when they will reach TD following the delay?

[grannyboy] 16/8/2019 11:27

Frick me..I can feel a nose bleed coming on...the last time I got the nose bleed sensation it went above 8.5p...

[outsizeclothes.com] 16/8/2019 11:19

Hi Abbot.
Chart-wise I can see a very interesting pattern forming.
On the 2 year chart, we have an almost perfect 'reverse head and shoulders', with an implied target of 14p to complete in text book fashion.

[pro_s2009] 16/8/2019 10:59

Raptor would push it past 200p...........

Mmmmm ok........back down to earth. Heron-1 is pretty much a bolt on dead cert........18p a share so we can look forward to that.

Red Deer-1 first. Liked by all the geologists, high CoS, lots of follow on leads. Worth 32p a share mean size. Lets see if that comes in or not.

Follow on leads of over 200MMBO recoverable (100% owned) if Red Deer-1 strikes the black stuff.

[pro_s2009] 16/8/2019 10:37

The only chart I want to see if the one where the share price smashes through 30p on Red Deer 1 success and then zooms through 50p level with a Heron-1 success following..


:)

[avsome1968] 15/8/2019 15:50

Bad look for you Toby lad.

[toby hall] 15/8/2019 15:22

Fellas, I bought the 200 and started selling the 50 this morning.
I'm fully out now with the chart showing the evening star.
Good luck to holders

[matunde24] 15/8/2019 14:22

Funny.... Only 7 years ago

[datait2019] 15/8/2019 13:34

Now red Soon 5p