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.

"have a little patience!!"

Delek energy, anybody know who they are? they've just aquired a third of Matra fo r £6M, they must think it's worth it, essentially puts a seal of 4.p under Mta which is nice and allows them to move on with the drilling I assumme. Still have high hopes for these considering whose invested, they'll be looking for multiple returns

Should get to active until August, but you've got to think this may be a real early day investment!

Must be something cooking here?

Plenty more here

Ellio, morning, just seen the latest news. Looks promising.

http://www.moneyam.com/action/news/showArticle?id=2143131

In for the long-term, hoping for 20p if the finds are good, which they certainly look as they might be.

Good luck!

Very quiet here considering all the newsflow we can expect soon....

Russian drilling results

Spudding of two further Russian wells before year end

Hungary gas updates

Possible acquisition of licence next door that tested at 1,850bopd(Russia)

Further drills to come in Hungary 2007/ early 2008

Further possible acquisitions in Hungary and Russia as stated by management

I'm getting all excited now, anyone else still holding?

In profit with shares held and wondering if it would be sensible to buy into the warrants (MTAW). Any major disadvantages to this strategy?

whats the price target over 12 months to 2 years..?

Chea - yes I hold both MTA shares and warrants. The warrants should outperform the shares.

mitzy - If all goes according to plan I wouldn't be surprised to see the SP top 50p within 2 years.

That will do for me someuwin..

rns out today.

someuwin - I went ahead with the warrants at 3.75 as they did seem at least reasonable value. Looking good so far.

up 5% looking great for 10p.

getting even closer now 10p by end of close.

10p today theres no stopping to 12p..

moving again ahead of the drilling report due in next 2 weeks.

theres oil but no as much as some expected still 3 out of 3 is greatnews.

Well done mitzy

cheers capetown its looking great long term for a 2 bagger.