mitzy
- 02 Dec 2009 17:35
Latest Proactive Investors report..http://www.proactiveinvestors.co.uk/companies/news/10809/petro-matad-exploring-for-oil-on-chinas-doorstep-10809.html
Currently 14p to buy.
black bird
- 05 Aug 2016 10:11
- 661 of 667
have a small holding, left over from my last sell. latest RNS gives more hope,
a take over looks more likely than any production. s/p @5..8..16 3.5p
on data 2017 15pence BB
HARRYCAT
- 26 Aug 2016 07:45
- 662 of 667
StockMarketWire.com
Petro Matad has swung to an H1 pretax profit of $93,000, from a year-ago loss of $1.7m. In the just-finished period the company enjoyed $4.8m of other income, from $1000.
The profit recorded reflects cash calls received in 2016 from BG Group (Shell) to fund operations under the farm-out agreement prior to receipt of BG Group's exit notice.
The company's cash balance at 30 June 2016 was $0.49 million, which compares to a cash balance of $2.51 million on 30 June 2015.
As reported in the announcement of 11 August 2016, $10,005,303 has been received from Shell's affiliate, BG Mongolian Holdings Limited (BGMH) and a further $5 million is payable upon Mongolian Government approval of the reassignment of BGMH's interest in Blocks IV and V to Petro Matad.
Following receipt of these funds the Company will be in a position to execute its exploration program for the next twelve months.
black bird
- 16 Jan 2017 17:39
- 663 of 667
has exceeded my expectations . the big one is coming ? still holding BB
black bird
- 19 Jan 2017 12:08
- 664 of 667
maths make no sense, company have stated 10 Bn barrels of oil in ground @
10 $ profit per barrel = $ 100Bn what is the N A V i here you say. a more
informed one needs to write. BB
black bird
- 08 Mar 2017 15:32
- 665 of 667
matd sold @ 30p reason , no reason , profit taking will go back in on good,
feed back from spiking well in july core samples before oil spurts out, then buy
black bird
- 13 Jul 2017 09:44
- 666 of 667
bought back in @ 10p oil to flow sept 30p upside BB
superman007
- 31 Jul 2017 20:07
- 667 of 667
Amazing upside to 30p+. No brainer imhho. Up we go.