Petro Matad Share Discussion Threads

[avsome1968] 04/12/2021 20:22

coldjoe

He is a very good fishing friend from the isle of man that's all am saying, he doesn't get it right all the time but I've a small wager on it if no news I win we shall see.

[coldjoe] 03/12/2021 19:34

Hah well I don’t know about your secret source but some operational update is certainly due… hopefully a positive one

[garymegson] 02/12/2021 09:30

https://simplywall.st/stocks/de/energy/fra-ha3/petro-matad-shares/news/market-sentiment-around-loss-making-petro-matad-limited-frah/amp

[avsome1968] 01/12/2021 19:10

Had a whisper we will have news next week not sure what that would be, but would've thought be news on 3d seismic, we shall see if he's correct or not?

[avsome1968] 24/11/2021 09:38

Guys we will have news before the year is out.

[coldjoe] 22/11/2021 14:21

Some update on the rig would be nice and the share price baffles me too, but otherwise you are a bit dramatic, we still have almost half a year before the next drilling window starts, plenty of time to sort the equipment out

[searcher0] 22/11/2021 12:30

I see it testing 2.50 shortly. Breaks below if no update by the end of the year, that is my opinion.

[jungmana] 22/11/2021 10:39

This will come good soon in q1/2 next year. Just a bit of waiting needed.

[searcher0] 22/11/2021 09:43

Had high hopes for this one but it's starting to look like they could miss nexts years window now. Price sliding on no news, no rig and no partner. Not a good situation, it will drop below 2p if that is the case.

[avsome1968] 17/11/2021 16:29

noticed another 400k just gone through but its not shown yet, 2nd one today someone mopping up the sells.

[jungmana] 17/11/2021 09:52

Today's 5% drop is a correction of UT closing trade yesterday. Let's see if we can recover by end of day.

[jungmana] 16/11/2021 09:09

The market cap at GBP30m today is simply too low. Imo this could be 10p+ by production in mid 2022.Funded for h1 production well and drilling of h2 and h3 wells.should be a busy few months ahead.

[jungmana] 16/11/2021 09:03

As of 7 July 2021, the Company has been granted a fully approved Exploitation Licence for development of the Company's 100% owned Block XX. The Exploitation Licence covers an area of 218km(2) and includes the entirety of the Heron structure on which the Heron 1 oil discovery well was drilled in 2019. The area also includes the nearby Gazelle 1 discovery and prospects and leads mapped within the proven productive Tosun-Uul sub-basin. The net proceeds of the Fundraising will primarily be used to commence production from the Heron Field, with the completion of the Heron 1 well and the drilling of the H2 and H3 wells. Production start-up is anticipated in mid 2022 using nearby processing and export facilities.

[avsome1968] 16/11/2021 08:44

200k buyer this morning very keen to load up here.

[avsome1968] 16/11/2021 08:29

YES we raised 10m for Heron to produce but have we any money for 3d seismic which will cost 1m plus

[spectoacc] 16/11/2021 08:21

Be surprised if they tried anything so soon after the recent 3.5p one, or if they tried to raise below that price.

Going to hit some congestion when it gets back there.

[knigel] 16/11/2021 08:19

Didn’t they have a placing recently hence the current share price!!

[avsome1968] 16/11/2021 08:17

Nothing online again shares in demand news surely anytime on 3d seismic, are the after raising the price to do a small placing for this anyone?

[jungmana] 15/11/2021 11:34

Back to the 3.50p placing price today? Glad I added more last week

[avsome1968] 15/11/2021 11:02

Nothing online to buy at the moment but will take 800k, good sign for us to trickle north news on a few fronts should be out anytime.

[1bonanza] 10/11/2021 11:11

Yes, and it's been holding very nicely lately.

[fredo1976] 10/11/2021 11:09

Not looking too shabby. Should go for a good run.

[1bonanza] 10/11/2021 11:07

A breath of life here. GLAH

[aimbagger] 20/10/2021 13:49

Our CEO, Mike Buck, recently spoke with @proactive_UK to discuss Petro Matad's activity over the summer and upcoming milestones for the company. Watch the interview here: bit.ly/30KTSor #MATDhttps://twitter.com/petro_matad/status/1450802260745850886?s=21