You’ll all recall the Blog’s position on MTA. We have stuck with this company through thick and thin when others were prophesying doom and gloom we here kept the flag flying and stuck by what we know and believe to be true re’ Matra. Matra is up a stunning 200% since the blog began to post on them we have seen the depressing lows and there has been many a wild shrieking and screaming from investors as the red mist descended. If you had held your stock you would now be sitting on a mult-bagger.
The potential here should not be under-estimated. Matra has the Production Licence, Matra are back on course, Matra have a decent Board and much more importantly MATRA HAVE THE OIL!
The current share-price is still way under-value. News on A13 is over-due. News on A12 is over-due. Any good news on either one or both will push this sp forward. The trick here is to hold for full production regardless. Once full production begins the Matra sp will climb significantly.
Remember there is more oil here. Take it as nailed on that the oip will substantially increase over the next 12 months. I have set a 50p minimum 12/18 month target which could increase to 100p. When revenues begin to accrue with sustained oil production and an increased OIP company value shoots up. Give your investment 12 months.
Of course this is just an opinion and you should always research your investments.