The recent slow recovery of Matras’ share price may be an indication that news is due out here on Matras’ A12/13 wells. Or it could very well be the start of a climb back to where they once were. The much awaited update is well overdue.
Please read my recent post.
Remember they have already hit the oil. The problems are technical. That is to say once they overcome them and bring A12 etc back into production then this sp will certainly rise.
News is thought to be leaking here and i am of the opinion that Matra will only release news when they have sorted their problems out.
A multi bagger is possible here on a healthy RNS.
please research and watchlist here.