Has any one noticed this this morning a lot of buying with just one sell Ttrade,any one think this could be a good punt,advice please before its too late.thanks.

OOOOOOOOOOHHHHHHHHHH YYYYYYYYYYYYYEEEEEEESSSSSSSSS!!!!! wouldn't want to be out of these today!!! In the money and more to come.....yyyyyeeehhhhhhaaaaaaa.,.
edit: must stop taking the gibby pills!!

You sure your not Gibby.....you could be pro or top........

Fox Davies flash note

Matra Petroleum (BUY, 0.07) (LON:MTA, 4.175p, ► (0.0%)) announced that production equipment has now been installed on site well-13; the well is now producing on clean-up flow and oil sales will start shortly. Once a stabilised rate is established a further pressure build-up survey will be acquired. Well-12 has been successfully side-tracked to a location 50m from the original hole and the well has been terminated in the oil reservoir. The well has been completed with a pre-perforated and un-cemented liner across the reservoir interval that should reduce formation damage. The well will now be completed for production and the rig will be moved off location before commencing production. Once the rig has been moved off we will begin production testin g the well to ascertain its productivity.

Comment: With the water ingress issues firmly behind them, Matra can now concentrate on establishing the productivity of those wells which will have a bearing on future development of the field. Oil sales will also bring cash flows to the Company. Overall very positive.

sp hasn't romped away as I hoped but if a steady clmb from now, will be good.

Balerboy

Agree the news could of gone either way, this is good news.

Buy buy buy..

Huge broker upgrade just appeared on Matra.........

Matra Petroleum
Corporate 9.4
147.4% Matrix

Target SP 9.4p 147.7% upside.

goldfinger

Cheers gf any chance of a link or what broker.

gf

Thats an old brokers note apparently Im out of these at the moment backed into SOU.

Just taken this from IG broker list at lunch time... is thier a mantra rather than a matra??????????

if not then it refering to our stock........

Broker Upgrade....

Mantra Petroleum Corporate 9.4p 218.6% Matrix

9.4p SP target 218.6 % upside.

Another disaster for shareholders..

Down 25% now sub 1p.

What a joker this is.

Not good news for MTAers down to .65

http://moneyam.uk-wire.com/cgi-bin/articles/201111030700213948R.html

RNS re placing 0.85mill raised.

These have gone up today if anyone still holds.

yep i'm still in.,.

Sorry I forgot to research who had been holding these for years before I wrote the above - hope that it comes right for you all - looks like it has been a long haul and hope you get there in the end.

was considering buying back in here for a punt - after todays rns @ .8 think i'll leave for a while as should drop below this at some point in traditional fashion imo - 3p here seems a long time ago now - gla

mitzy agreed one disaster after another here