Petro Matad Share Discussion Threads

[neo26] 26/6/2024 10:09

That equates to 150m mkt cap, jse has 18kbopd and they have mkt cap of 170m.Behave..

[crankylad] 26/6/2024 09:59

Late next year, NO... You're welcome!

[mynameiskhan] 26/6/2024 09:51

When they are drilling H2 well? Any rig contract signed? Drill window is very short

[crankylad] 26/6/2024 09:43

Earliest next year..

[telbap] 26/6/2024 09:39

Agreed, but the bureaucracy is mind blowing and seemingly impossible to get passed, I believe they will get there in the end but how long?

[ttcroft] 26/6/2024 09:36

2 wells at 1500bopd = 8 to 12p3 wells then 15p+ @750 bopd per well.MATD is a monster being made

[blakesmith] 26/6/2024 09:16

Dnt listen to the rampers as shorts now taking over here Wil be sub 2p later

[jungmana] 26/6/2024 09:09

Personally I believe 2.50p today would be realistic on volume of 300+ million

[neo26] 26/6/2024 09:06

He1 traded 2.3bn shares in one day when they issued 1.6bn shares.If matd trades the equivalent in matd shares ie 600m then they have good backing. Forward selling will occur and many who took part in placing will sell once shares are issued next week.

[12smith] 26/6/2024 08:53

So does matd

[neo26] 26/6/2024 08:50

He1 has strong interest.

[telbap] 26/6/2024 08:49

Bought a small top up at 2.28. Let's see if we make it back to 3.5 over the coming weeks.

[professoraim] 26/6/2024 08:39

Look at volumeHe1 is a good example of a popular retail stockThat went to near placing at 0.525 where i got in and out at 0.80 thats over 50%If matd follows same then could get to 3-3.2p areaTook he1 a few days

[ttcroft] 26/6/2024 08:31

Will close near 3p and be far higher by Autumn

[12smith] 26/6/2024 08:28

Did you wait for he1 to dip below 0.5p pmsl

[12smith] 26/6/2024 08:27

1m more taken

[jungmana] 26/6/2024 08:25

2.50p close today imo

[red army] 26/6/2024 08:22

I will wait until it dips below 2p

[ttcroft] 26/6/2024 08:19

Bought this. MATD will be a cash cow with 100% interest in 15 wells at approx 750bopd huge scope I'm talking here on just Heron, and then we have renewables going through on big scale, wildhorse and another 200m+ barrels on Gazelle and it's all discovered.

[jungmana] 26/6/2024 08:18

At this rate should be back to 3p next week.All imho

[fatfish] 26/6/2024 08:17

I don't see a trade for 400k shares at any time, I suppose you got them in batches, yea sure you did.

[snoopy12] 26/6/2024 08:15

Just bought @ 2.21

[12smith] 26/6/2024 08:13

Got me 250k at 2.2

[jungmana] 26/6/2024 08:10

Paid 2.20p for 400k shares .