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Member Info for DPrever

Member Since: Sun, 5th Feb 2012

Number of Share Chat Posts (all time): 818
Number of Share Chat Posts (last 30 days): 0

18 Aug '12

the only thing left is to put the numbers in the allotted spaces and if we are to believe Endtimes then $12 a barrel for 300 mmbls is the figure to work by. It was never in doubt was it:-)

17 Aug '12

Is just how much this is all worth because when you run the numbers, the reserve upgrade which is coming, the flow rates and therefore lower cost per barrel extraction etc etc etc all upside, Brent at its current price etc etc etc so what I can't work out is how are Statoil going to be able to afford us? Are we going to buy them out!!!!
17 Aug '12

So it would appear from a brief glance that the general consensus is that Mr Stat doesn't want anyone else to get his grubby hands on XEL's IP so has been patiently slipping a few million shares (transfer of wealth from the impatient to the patient) into its back pocket during this 3 stage placing so it can control the destiny of the aforementioned IP. Now and I am just guessing here but this new company StatXel set up to directly benefit extraction of heavy oil fields may well need a new CEO? Interesting times and I don't mean Times Square:-)
17 Aug '12

More to life than this share........actually I am not sure that's true but I am going to ask the Captain on the plane if he can give me regular 1 minute updates on XEL while I am flying:-)
17 Aug '12

This is without question the last time you will see XEL at these levels. It may last another 2 weeks but I doubt it very much there will be no repeat of 2011 of that you rest assured. If CLC made his ill fated speech now instead of Stephen in September he would be lauded as the greatest speech maker since Sir Winston ChurchilNdola this board and he probably could have thrown in a quadruple for good measure:-)

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