Petro Matad Share Discussion Threads

[under the radar] 17/9/2019 16:01

Sea of blue

5.25p full ask being paid

Tick up coming ..

[catchingmice] 17/9/2019 15:03

Very good post someone who thinks differently from the PUMPER of all stocks PRO THE CLOWNIt doesn't work like that in real life Pro, look at Rockhopper or Pantheon!In fact, look at Matad on news of a successful drill at Heron, the share price actually fell.Matad need to start producing or the share price will not budge much from the 4p - 8p range. They also need to reassure people there will not be a placing as this would soon scupper any rise. They have a recent history of surprising us with financing and the share price is lower than both the last two placings, not exactly a good investment for anyone. Not until they start to produce in a meaningful way, a few hundred bd may be a start but they need more than that. Hopefully Gazelle will prove commercial or they will look very stupid. Red Deer was not for free, it cost $4m which could have gone into a commercial well or two at Heron.

[big brother8] 17/9/2019 14:13

UNNAMED SOURCES CLAIMING MATD IS TESTING FOR WATER PURITY FOR ONE OF THE WATER WELL.

DON'T KNOW IF IT'S LIKE EVIAN PURITY AS IT'S FROM THE GROUND.


THE NOMADS OF MONGOLIA ARE GREATFUL FOR 4 NEW WATER WELLS PAID BY UK MUGS

[jailbird] 17/9/2019 13:54

3.5p this morning was great of you could get itRecovers well but expect end of day profit takers to take this down again High risk traders around Solaris I agree with you

[big brother8] 17/9/2019 13:54

I HAVE BANKRUPTED NONCEY MANY TIMES.

[big brother8] 17/9/2019 13:54

NEXT WEEK ANOTHER WELL WILL BE DONATED.

AFTER TESTS REVEAL

IT WAS MUD IN WATER.


BELIEVE BIG BRUTHA


THE ONLY ONE WHO PINNED THIS SCAM FROM THE START,

[2solaris] 17/9/2019 13:46

It doesn't work like that in real life Pro, look at Rockhopper or Pantheon!
In fact, look at Matad on news of a successful drill at Heron, the share price actually fell.
Matad need to start producing or the share price will not budge much from the 4p - 8p range. They also need to reassure people there will not be a placing as this would soon scupper any rise. They have a recent history of surprising us with financing and the share price is lower than both the last two placings, not exactly a good investment for anyone. Not until they start to produce in a meaningful way, a few hundred bd may be a start but they need more than that. Hopefully Gazelle will prove commercial or they will look very stupid. Red Deer was not for free, it cost $4m which could have gone into a commercial well or two at Heron.

[pro_s2009] 17/9/2019 13:29

Oil valuations are all about the amount of oil you have in it....and how much of it you own.

40 MMBO is worth 32p a share.........

Farm out 50% to PetroChina in return for them drilling a load of wells on it to develop and appraise...........

So you get 16p a share funded to development for Heron alone.

Its all quite simple really.....thats why Red Deer was in for free really.

Wait and see.......good Heron flow test news and watch this fly.

(PS they also have sufficient funds to get Heron-1 on line and producing on their own, which will be the back up plan until PetroChina farm in for 50% of Heron). But you have to wait for Gazelle for that.....once Gazelle result is known then the terms of the farm in will be agreed.

Be happy......MATD will get a free ride to production from the farm out.

[2solaris] 17/9/2019 13:19

I doubt this will get anywhere near 12p on BlockXX. The company has taken huge risks and they have not paid off. The only decent result was Heron. People may pile at a very low price but will jump ship at any whiff of a successful RNS, that's the way things are at the moment.
It's too late to be 'extremely pleased' with Heron Pro, the horse has already bolted, we know this is an appraisal and need to make certain it is commercial. Red Deer was another open stable door that no one will forget in a hurry. At nearly $4m it was expensive.
They need half a dozen wells on the Heron prospect to start earning any decent money, one is nowhere near enough.

[pro_s2009] 17/9/2019 12:55

MATD is very straight forward.

Sometimes its a bit stinky is the AIM market, but its obvious to me that Heron is going to be really good, but it was wanted to be held back - wash the Red Deer duster and then post testing they will be extremely pleased with Heron and that leads into Gazelle and then the PetroChina farm in. The big rises were to be had on Red Deer - good or bad.......good then your holding multiplied.....bad you just buy the dip and wait. Win win.

PC will not pay cash - it will be fudged over with development and appraisal wells therefore allowing both MATD and PC to keep the final costs hidden - but the end result is great for MATD and getting into serious production if PC pay for x number of wells for a 50% farm in.

Fund raise next year for the Raptors at 12p levels........yes, they will want to that, the final raise before oil production starts and they generate their own cash.

[catchingmice] 17/9/2019 12:52

Malcy thinking the same as me.......Trouble is malcy never gets anything right just like youCheck his bucket list out and see the performance of his picks it's truly abysmalPetro MatadPetro Matad will never go down in history as the luckiest company around and the fact that the Red Deer-1 well has come in dry rather proves that. However, the market has already forgotten the success of last week and that Red Deer was always a much higher risk prospect.Over at Heron-1 the casing is completed and the well is temporarily suspended awaiting the testing kit to arrive. This looks like being in the next fortnight and testing is scheduled to begin in early October and completed within the month. Meanwhile the rig has moved to the Gazelle-1 well site and will spud before the end of September.MATD has fallen over 25% this morning back to the recent lows although still well above those of January. Although Red Deer is a disappointment CEO Mike Buck is right to remind investors that it was a higher risk play and I would add that if all goes well at Heron the company could arguably be selling their own crude early next year, now that would be something to write home about…

[matunde24] 17/9/2019 12:43

Pro can u meet up big brother and his crew... And teach them a lesson or 2. Maybe over a happy meal

[matunde24] 17/9/2019 12:41

Its very simple. Aim markets... Pro simple rule.. Buy dips and hope for the rise!

[pro_s2009] 17/9/2019 12:36

Malcy thinking the same as me.......






Petro Matad

Petro Matad will never go down in history as the luckiest company around and the fact that the Red Deer-1 well has come in dry rather proves that. However, the market has already forgotten the success of last week and that Red Deer was always a much higher risk prospect.

Over at Heron-1 the casing is completed and the well is temporarily suspended awaiting the testing kit to arrive. This looks like being in the next fortnight and testing is scheduled to begin in early October and completed within the month. Meanwhile the rig has moved to the Gazelle-1 well site and will spud before the end of September.

MATD has fallen over 25% this morning back to the recent lows although still well above those of January. Although Red Deer is a disappointment CEO Mike Buck is right to remind investors that it was a higher risk play and I would add that if all goes well at Heron the company could arguably be selling their own crude early next year, now that would be something to write home about…

[big brother8] 17/9/2019 12:32

THAT WAS A BIG BRUTHA SPECIAL.

JACKOFFS KILLED WITHIN MINUTES. HEHEHEHEHEHE

[big brother8] 17/9/2019 12:31

HAHAHAHAHA

HOW MANY GOT CUT BY BIG BRUTHA AT 3.25P-3.5P


HAHAHAHAHAHA


NO REFUNDS IN BIG BRUTHA HOUSE FOR ANY JACKOFFS.

[catchingmice] 17/9/2019 12:30

Pretty obvious that this would happen and now pi's spiked on anything above 5pTraders will take this down again around 4.40 levelFair value currently is 3p

[big brother8] 17/9/2019 12:27

PRO NONCEY IS LURKING

LOCK YOUR KIDDIES IN THEIR ROOMS.


ANYONE SEEN JACKOFF?

HEARD IT WAS SEEN BY WREXHAM LIDL LOOKING FOR CARDBOARD BOXES, TO SLEEP IN TONIGHT IN HIS LOCAL CEMETERY

[big brother8] 17/9/2019 12:23

>

STAMPEDE TO 4P CLOSE


ALL SHEEP BEEN SUCKERED IN AGAIN.

ALL SHEEP BEEN COUNTED

THE PROCESSING ABOUT TO START IN BIG BRUTHA HOUSE.


HAHAHAHAHAHA

YOU ALL BEEN HAD AGAIN BY BIG BRUTHA.

[matunde24] 17/9/2019 12:17

Oooooh really. You panzy... Follow pro.. And you will be safe. Go find ur little brothers and sister... Panzy boy