Petro Matad Share Discussion Threads

[basem1] 17/2/2022 14:03

Seems like our seller is cleared This is starting to have a different feel about it.

[andyview] 17/2/2022 12:30

Looks strong today

Gla

[aimbagger] 17/2/2022 10:51

NT at 4.1, could be about to run higher again

[gosoftly7] 17/2/2022 08:37

If Velociraptor goes ahead and is a success- with MATD still holding the vast majority and without issuing billions more shares- it'll be a moon shot from 40p let alone 4p

[jungmana] 15/2/2022 09:57

Markets should start to recover as Russian threat of invasion looks to over. Back to 5p soon imo and then more

[1bonanza] 15/2/2022 09:15

Agreed, picked a few more too. GLAH

[jungmana] 15/2/2022 09:08

I agree is a retrace but an opportunity to add as this could double from this level within a few weeks. Bought more this morning

[1bonanza] 15/2/2022 09:06

From nearly 5 back to just above placing price I would warrant that as a re trace

[jungmana] 15/2/2022 08:53

Down 5% for the day. The initial 8% was due to closing UT trade yesterday

[1bonanza] 15/2/2022 08:32

Disappointing re trace here.

[andyview] 14/2/2022 08:49

Added a few more here this morning

Gla

[the_gold_mine] 10/2/2022 22:42

Cheers appreciate that Proton

[pr0t0n] 10/2/2022 21:44

Unknown @ mid-price

e.g 4.65p paid ,bid was 4.60 offer 4.70

4.65....4.6/4.7 14:26:01 264,928

[the_gold_mine] 10/2/2022 15:19

A lot of chunky "UNKNOWN*" trades going through, can anybody explain to me why they go through as unknown?

I suspect these are actually placing shares being sold, as I can't see any other reason why to sell at this juncture - MATD has never been in such a good position in terms of nearness to oil production and financing, with news flow expected very soon which could cause a material re-rate of the share price

[its the oxman] 10/2/2022 09:16

Still pushing for the 5p break.

[mam fach] 09/2/2022 11:25

Sellers are those who bought in placing at 3.5p.
Who can blame them in these uncertain times.
But it does give new buyers a chance to buy at very near bottom.
IMHO

[ranald] 08/2/2022 09:07

The_Gold_Mine

Thank you for sharing your research - very interesting as you say.

[spectoacc] 08/2/2022 08:20

Has done this without news too. Clear air if the sellers relent.

[zooman] 07/2/2022 16:12

Have to laugh, there's a Troll from GFM who follows me and ticks all of my posts down. A tick down for saying we hit 5p there are some very strange people on these BBs..A sustainable 5p will be good to see. GLAZoo

[its the oxman] 07/2/2022 09:36

Yes. Should pop clear of 5p this week hopefully. Looking good.

[zooman] 07/2/2022 09:08

Nice to see 5p again. :-)Zoo

[genierub] 07/2/2022 09:07

Anyone got a view on CEG. Noticed the volume is creeping up daily?

[the_gold_mine] 05/2/2022 14:03

Done some research on Petrovis this morning (largest shareholder in Petro Matad with 21% holding):

hxxps://petrovis.mn/?lang=en
Mongolian headquartered company, I assume all there assets are in Mongolia, described as the "Largest Mongolian Petroleum Company" on there LinkedIn page.

From the website (note I had to use google translate from Mongolian to English)

Petrovis have 400 petrol stations, 300 road fuel tankers, 36 petroleum product warehouses with 200 million liters of storage. In short a big employer in Mongolia who is likely to have some clout when dealing with government and add some credibility to Matad (who are minnows).

Petrovis have significant experience with storing petroleum products (storage tanks & tank farms) and transporting said petroleum products by road tanker.

There is significant overlap between what Petrovis do and what Petro Matad want to do... Petro Matad needs storage tanks and pumps to get the Heron field online, and road tankers to move the product to the PetroChina facility. Petrovis will be able to provide local expertise in this area (such as recommending local Engineering Procurement and Construction companies who have done work for Petrovis facilities previously) and potentially partner in on the road tanker side of the operation.

Also given that Petro Matad's largest shareholder is a fully headquartered Mongolian heavyweight leads me to believe PM should receive favourable treatment from the Mongolian government.

The more I look at Petro Matad story the more convinced I am the Heron field will be brought on stream and end up a success, it looks like all the ingredients are present and its now just a case of waiting patiently on the actions to develop. All against the backdrop of a high and rising oil price.

I'm very excited about where this one can go over the next few years.

[red army] 04/2/2022 11:56

Added to my position this am.