Petro Matad Share Discussion Threads

[pro_s2009] 22/8/2019 09:16

All you can say is that its fully expected some people will derisk into the rise..... all depends if you want to be holding loads of shares when news comes or not.

I am holding loads, not going to sell any, will be holding all for both Red Deer-1 and Heron-1 news.

Heron-1 is so much a high percentage for success, it acts as a back up against bad Red Deer-1 news.

[under the radar] 22/8/2019 08:58

Onwards and upwards ...

[upgrade1] 22/8/2019 08:42

With bank holiday Monday, it be very interesting today
and tomorrow.

hope finish +12p tomorrow

[1bonanza] 22/8/2019 08:31

And so it is ! GLA holders

[upgrade1] 22/8/2019 08:18

Absolutely no reason to drop, only one way now that's UP
until the RNS lands

[avsome1968] 22/8/2019 08:04

shares in demand max buy this morning 10k blue day again me thinks

[pro_s2009] 21/8/2019 22:11

Re-looking at everything I would suggest that Red Deer-1 will drill into the Secondary target Thursday 22nd of August.

They will start going Primary targets on Monday 26th August and should be at TD around Thursday 29th August.

Then they have to do the logging run........so results from Red Deer-1 expected by me week commencing 2nd Sept.....maybe mid week to late week.



Heron-1 will be into a potential Secondary target on Sunday 25th August. Heron-1 should be into the Main Primary Target on Tuesday 3rd Sept with TD around 5th Sept. Then they have to do the logging run so results week commencing 9th September.

So.......now all the fun starts......2 drill bits now about to enter target zones (secondary upside ones) with the main primary target zones being penetrated next week for Red Deer-1 and the week after for Heron-1.



.

[pro_s2009] 21/8/2019 21:49

Thats why its important to know what they might have, ahead of them finding it or not.

If they have a big strike......why sell for 20p when its worth 50p.


Thats why its necessary to know the PSC terms (posted) and the potential recoverable barrels and the simplicity to develop it (this is not offshore middle of nowhere).

Just in case they do strike oil, you can correctly value it and ensure you dont sell your shares for 20p when they are worth 40p.


Just need that oil strike now. Red Deer-1 or Heron-1 please.

[gaffer73] 21/8/2019 21:26

Interesting figures pro, I'd be happy with 20p!

[pro_s2009] 21/8/2019 21:07

Red Deer-1 Pmean recoverable 48MMBO........worth around 32p a share.

Upside for Red Deer-1 is 82MMBO recoverable....worth around 55p a share.

They should be drilling ahead into the Secondary target any day now, and into the primary target late next week.

Exciting times ahead......... Up to 82MMBO recoverable, onshore, close to existing infrastructure, highly valuable oil thanks to wonderful PSC terms....and thats the 1st drill of the ongoing 2 drills, results due soon.

[upgrade1] 21/8/2019 20:56

Boom 💥 💥 💥

[avsome1968] 21/8/2019 20:35

Nice finish closed above 8p mark 9p next stop happy days

[pro_s2009] 21/8/2019 18:43

There is no other stock on AIM with 700% upside potential in the coming 3 weeks. High risk high reward.

With every small oiler stock you are only as good as your last well... Hit a duster and your past success is forgotten and you are hammered.... Hit a strike and past dusters are lost to history and everything is super positive.

[upgrade1] 21/8/2019 14:11

no doubt UNDER THE RADAR

[under the radar] 21/8/2019 14:11

They goto let this go again ....

Relentless buying pressure.

[upgrade1] 21/8/2019 13:49

I sense +8.50p finish

[jaspoland] 21/8/2019 13:41

A close above 8p would be a very good sign looking at the chart

[upgrade1] 21/8/2019 13:15

Approaching 8.50p slowly

[under the radar] 21/8/2019 11:16

Full ask paid expect a tick up soon now that the traders are out of the way.

New higher trading range coming!

[upgrade1] 21/8/2019 10:53

today/tomorrow between 9.50-10.25p will tempt sellers
leaving brand new opening - - - boooooooom

[pro_s2009] 21/8/2019 10:47

Not yet, looks like they have found a level at which to get some sellers.....so hold it around here and clear them out - then move upwards further later on.


Only 50p (32+18) per share of oil potential here for drill results in the coming 3 weeks........not many shares can offer up to 700% rise in the next 3 weeks if all comes good. not many as in no other in the next 3 weeks can.

[upgrade1] 21/8/2019 09:08

teens coming

[under the radar] 21/8/2019 09:05

Looking very strong 💪

[2solaris] 21/8/2019 08:25

It's amazing the share price is still so low with only a couple of weeks to go until results. It should be in the teens by now. Mind you, I bought some at the utter madness price of under 4p and I suppose many of those who did likewise have been cashing in on a small profit. Not long before we find out what is under that bleak Mongolian landscape.