Petro Matad Share Discussion Threads

[pr0t0n] 03/2/2023 07:11

The Company has conditionally raised, in aggregate, US$6.0 million at a price of 2.5 pence per new Ordinary Share.

· Petrovis Matad Inc. (a Substantial Shareholder as defined under the AIM Rules) is participating in the Subscription for a total of 32,520,324 Subscription Shares with a total value of US$1.0 million.

· Mike Buck, CEO of Petro Matad, is participating in the Subscription for a total of 813,008 Subscription Shares with a total value of US$25,000.

· Conditionally, in aggregate, a total of 195,121,952 New Shares will therefore be issued, representing approximately 17.8 per cent. of the enlarged share capital.

[pr0t0n] 03/2/2023 06:27

Petrovis with 25%, so 75% or 96 million shares for IIs plus 20 million for retail 'investors' . Could have been worse :-)
At the end of the day flippers will flip. See what the plan is, expecting busy few weeks/months ahead.

[euclid5] 02/2/2023 19:25

Velociraptor 20% COS, see page 9 on the below presentation

[flughafen17] 02/2/2023 17:48

Placing at 2.5p - ouch

[pr0t0n] 27/1/2023 08:05

Sums it up Zoo, LP is the key.

[zooman] 26/1/2023 14:58

This is a good read by Positivevbes on LSE regarding MATD..Zoo.Velociraptor, LP, DQE & Fully Funded!Today 12:46.Many of us are comfortably holding and not really that concerned about daily price moves.News could come any day now and likely will.The Land Permit is obviously the big one. Both MB and the Ambassador have confirmed the GoM are on board and want to get it done.The Mining Minister has confirmed the same and Jimi's news link yesterday emphasises that, threatening legal action for anyone obstructing such processes.The GoM have put in place a framework where dissent or interference by parties such as the eco protestor, will be clamped down on.Remember, we have the proven oil asset which mitigates risk going forward and with its inherent massive impact on the share price once released.Talk of a Placing to fully develop the multiple wells on Heron and as an impediment to investing at this stage is naive.Quite apart from the very real likelihood of DQE partnering the LP would massively & immediately re-rate the share price The company commences its move into a revenue generation stage so forget any mkt cap / share price even close to the current.As it is MATD are fully funded for near term operational activities and a very comfortable cash position covering working capital requirements.Beyond the LP we have the fully funded fully permitted Velociraptor drill fast approaching which should focus shareholder interest & share price buoyancy.Apart from all that we have the current round of highly prospective licences to be announced imminently and regardless of the GoM specific date for that having slipped. I don't think a week or two in GoM scheduling is a big deal. It's just the way it is.The few riff raff who operate on these BBs isn't surprising. They're usually ill informed individuals relying o personal attacks and meaningless one liners.I prefer to focus on the multiple news releases we can expect & the solid asset we have mitigating any risk.The phenomenal upside is worth any wait now & why I don't feel any need to post.Only a fool would be out of MATD at this highly important moment imho but many of the nay sayers know that and have their own agendas I'm sure ;)Land Permit, Velociraptor, DQE, New Licenses & Fully Funded etc just as the header states

[zooman] 19/1/2023 16:20

Yawn Zzzzzzz

[pr0t0n] 19/1/2023 08:48

Most likely Velociraptor prospect in q2 .

[phillis] 19/1/2023 08:28

PRO
Forget Z - he is a foul mouthed mad man

My point is a genuine one if a little tongue in cheek
We have been here before haven’t we ( well I certainly have )

[zooman] 19/1/2023 08:17

P, he was bragging how he sold out at 18p on the GFM site because I've deliberately been was lyrical about MATD on there. MATD has a lot of potential and has / is a great trading share very much like GGP which is as you well know another good one where we're waiting on updates for drilling and engineering to be completed. .When I saw the RNS this morning I thought it was the LP update also it wasn't. :-( Let's hope not long though. .Zoo

[pr0t0n] 19/1/2023 08:04

Well, he asked and I answered.
Drilling will happen but it`s not important just now.
Perhaps he should read the RNS:

[zooman] 19/1/2023 07:55

Your point being Phillis or should I say Rose By Another Name?.This person is a Troll who posts under various names, have a look on the GFM site to see.

[pr0t0n] 19/1/2023 07:49

All about EL and Heron1.

Old research note:

[phillis] 18/1/2023 15:07

Any oil drilled here yet?
Or likely to be?

[mr royle] 14/1/2023 00:00

Hopefully the LP lands next week. That should see the share price hit double figures if so.
Plenty of other positive RNS news could follow after it as well.
Keep them fingers crossed fellow Matadors.
GLA

[fillipe] 07/1/2023 12:25

I'm currently reading of a target price for MATD of just under 16p.

Am surprised to not be seeing more posts for this company, given the wider postings elsewhere regarding Petro Matad. The latter would appear to be a result of the recently strong upward share price movements and anticipated forthcoming news.

Good wishes for solid successes in the New Year.

f.

[azzuaz] 03/1/2023 22:02

Pro_S2009... thanks... I see, the oldest trick in the books never fails

[pro_s2009] 03/1/2023 15:15

azzuaz,,,,,,,thats the normal way.........pump it up then place with a discount........

[man1] 03/1/2023 15:04

Are we on for a small steady rise or is it going to pop at some point?

[azzuaz] 03/1/2023 15:03

Pro_S20093 Jan '23 - 13:38 - 774 of 776

would we then be offered to buy at a discount?

[man1] 03/1/2023 14:27

The last investor show , stated they had roughly 6 million left which was enough to drill heron and the raptor well , with a little left over , so wud be surprised if it's a fund raise. Plenty of other things coming up , licence round , tie up with renewable partner , early drilling and also poss partner ,

[red army] 03/1/2023 13:44

Yes looking like 8.25p and then bang - raise raise

[pro_s2009] 03/1/2023 13:38

I would think a fund raise is being sorted out.........