Petro Matad Share Discussion Threads

[matunde24] 30/10/2019 21:49

Best of the best is u.. And best of That best is investors like us... Well done big sista in da tree house.. Big daddy watching you... Big daddy change ur nappy... And nig mamma stiff dummy in ur nose.. Sorry... Big daddy and mamma out dummy in ur jaws teeth mouth... Big daddy warning u... U not write here again or big daddy send you back home to big familia... Capiche!

[2solaris] 30/10/2019 10:17

Now it seems there is some buying here to the detriment of i3e!

[pro_s2009] 30/10/2019 09:09

Looks like a transcript of the TV interview.



Basic points again.....

Gazelle still very much in play, thought to be drilled on the edge of the Strat Trap and so expecting much thicker pay in alternate location.

Heron-1 - no water produced at all, very much thinking that its bigger than 25 MMBO recoverable pre drill estimates. This man seems to think the lack of any water means much bigger........ Mike has not said that yet, he refers only to the very conservative 15% recovery factor used pre-drill. Maybe he is saving the water/size upgrades for the presentations to come........

[ken chung] 30/10/2019 07:23

Dropping fast.Lemmings and mushrooms only.

[ken chung] 30/10/2019 07:22

Droppimg fast.Lemmings and mushrooms only.

[pro_s2009] 30/10/2019 06:37

12th November event in London for those who want to attend.



MATD headlining, also ECO and CORO

.

[pro_s2009] 30/10/2019 02:02

Yes jamie. Depends if you believe or not really. Those who fear will have sold, those who believe will have purchased or be holding.

So many options for finance the future I believe is very good.

I dont see Mike, having purchased in the last placing at 10p, having discovered what is likely over 40 MMBO recoverable, having discovered more oil at Gazelle, having proven those big strap trap plays in Block XX - is going to allow any money to be raised at anything less than 10p.

[jamie414] 30/10/2019 00:56

Pro I think once the funding issue is resolved then MATD will rerate.At the moment the market is unsure hence the pullback.

[pro_s2009] 30/10/2019 00:30

Interesting post on LSE.


Florida Premium Member
Strong Buy
Re: 26.4pTue 15:23

Too many people wasting far too much time arguing the toss with those with an opposing view, concentrate on the facts.


Fact one - Company value

Back in January when oil prices were much the same as they are today Mike Buck stated that a 15 million barrel strike would raise the market cap to £72m. That sets a share price of around 11p. On that basis, a 25 million barrel strike has a market cap of £125m, raising the share price to 18p. Now as we are going purely on basic facts we cannot assume that any of these figures are conservative, however, we can know for sure that we have as yet a tested and proven oil baring zone of 12 metres (DST2) and an untested oil baring zone of 70 metres (DST1), the latter of which could be artificially pumped to produce a commercial success. These zones are presently being analysed and results could be with us very soon.


Fact two - Placing

A Placing may be the simplest form of borrowing but the sacrifice of share value is sometimes too great, especially to a company in this position. Now, having reached commercial success with a successful strike in hand they are likely to be seen as a lesser risk by banks and financial institutions. As such, a draw down facility would be imv be a preferred option. That way the company is only devalued when the draw down is used. There intention would be to place six wells within 50 to 100 metres around Heron-1 in order to create the potential to produce 4,900 bpd. They can then run at that rate or choke back to 1,200 bpd to increase the total resource recovery, which in turn would lengthen the lifespan of the well and increase the total overall recoverable resource from 25mb (15%) to 41.25mb (25%), this in turn again increases the share price to 26.4p. Choking back increase the market capitalisation, not as otherwise stated. At £2m per well (Mike Bucks re-conning) they would need £12m to manifest the full recoverable value of six wells. A draw down is usually charged at around 7/9% interest and easily paid back within the first six months. If the wells are artificially pumped, these figures could be significantly enhanced.


Fact three - commercial sell-ability

Petrovis is by far the largest petro-chemical transporter and supplier in Mongolia and the CEO of Petrovis is Enkhmaa Davaanyam who is also Chairman of MATD and incidentally head of operations in Mongolia for Macquarie Capital financial advisers (very useful for a Draw Down). So we not only have direct and first hand communication with Mongolias largest transportation infrastructure, we also have first hand inroads to financial solutions. In terms of leverage, this must to some degree give Mike Buck an extreme negotiating advantage and to that extent successful negotiations with Petro China are merely a formality imv with a very nice surprise in the coming months.

I know I'm gonna get verbally killed for saying this but I've read somewhere Davaanyam is or was also connected to Petro China but can't find the link

[jamie414] 30/10/2019 00:12

Could get caught out though! Farm in RNS or any deal with Petrochina will send this off again however thats the risk you take.But as things stand better to stay in cash and wait.Not deramping either, just my take on it.

[taxibabe] 30/10/2019 00:00

A lot of us now on the sidelinea waiting for A good entry point whether it's below 4p or 3..2p ect

[pro_s2009] 29/10/2019 23:41

Exactly, this is about patience now. Waiting for a number of potential news events to drop.

We know all the background story, just a case of sit tight and wait. The sit tight and wait does not appeal to the traders, but it will appeal to those willing to be patient and wait for value to out - the gains when they come - should be very significant.

[jamie414] 29/10/2019 22:34

thebradsk007 this will shoot up again, no doubt about that at all.
It's just when? what are the plans for next year? MATD could release news of a farm in on Heron with Petrochina anytime soon and it could rerate. I'm on the sidelines now but at some point I'll be buying back in.

[big brother8] 29/10/2019 21:25

THOSE NICE SHORTS I TOOK JUST ABOVE 6.10P AVERAGE WILL BE UP -70% ONCE WE GO BACK TO 2.5P.


LEARN FROM THE BEST OF THE BEST OF THE BEST.

[big brother8] 29/10/2019 21:18

LOCK YOUR CHILDREN IN THEIR ROOMS JACKOFF THE NONCE DOING HIS ROUNDS

SUB 4P AND THEN QUICK STAMPEDE TO SUB 3P BY FRIDAY.

[big brother8] 29/10/2019 19:25

SUB 3P BY FRIDAY? MOST LIKELY.


ANOTHER WICKED SHORT OF BIG BRUTHA.

I AM LOOKING FOR ANOTHER -80% HERE QUICKLY.

[thebradski007] 29/10/2019 19:19

I think maybe the slight drop is not just profit taking but maybe also people taking money out to put into I3E - thus making MATD quite a good play at this price. I'm confident as you that this will again rise shortly.

[luckyvince] 29/10/2019 18:10

Share price is nuts. would be better off finding Guinness.