Key stats
Market capitalization
42.328MGBX
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
—
Basic EPS (TTM)
−0.00GBP
About PETRO MATAD LTD ORD USD0.01
ISIN
IM00B292WR19
Sector
Energy Minerals
Industry
Oil & Gas Production
Website
petromatadgroup.com
CEO
Michael J. Buck
Headquarters
Ulaanbaatar
Founded
2007
Petro Matad Ltd. is a holding company, which through its subsidiaries, engages in the oil exploration. Its operations include blocks IV and V, and block XX. The company was founded on August 30, 2007 and is headquartered in Ulaanbaatar, Mongolia.
Bullish to 7.5p-8p 200ma / 50ma resistance #mfchart5p is support area and great for entry opp if it ever comes again (bear in mind spread so at times it's best to buy at 5.10p / 5.15p)
if 5p is lost then bail as it could get back to 2p.
I would look for 7.5p-8p target for a profit slice once we close above 6.42p
MATD Long1st Target 19.42p
Entry: 10.81p
Profit over 85%
Market Cap = $87.49m
Wild Horse 290m barrel discovery NPV10 projected* estimate of ~$2.5 Billion
= 28x required to reach NPV10 estimate for Wild Horse
last week of Q1, 3D soon, Rig mobilisation and Drill updates due probably this week.
Key points
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Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
0
Revenue
0