Deltic Energy Share Chat (DELT)

https://www.jsmineset.com/wp-content/uploads/2022/06/image003-25.jpg

Close. At 2.6p looks like a block buyer again

Are we back in the game now we have clarity the spud is happening in September. I expect a build up in the share price as not aware of any other aim company drilling with a partner of the caliber

"EU NatGas Soars On Gazprom Flow-Cuts, Goldman Hikes US NatGas Price Target"

https://www.zerohedge.com/commodities/goldman-revises-natgas-price-targets-after-freeport-lng-terminal-explosion

"JP Morgan CEO Jamie Dimon and Goldman Sachs President John Waldron both openly voicing concerns about economic disaster" - from -

https://www.zerohedge.com/economics/inflation-deniers-are-finally-admitting-they-were-wrong

"Don’t expect the Fed to come in and save the day like it did in the last financial meltdown back in 2008 and 2009. The Fed bailed out the economy when it started printing money like crazy and never stopped. Holter says, “The bottom line is the world’s financial system and, thus, real economies have been on life support since 2008. What people should understand is when the Fed says they are going to raise interest rates and they are going to shrink their balance sheet, that says they are pulling the plug out of the wall. They are taking the system off life support. The bottom line is the system cannot live without life support. The Ponzi scheme cannot continue without new capital coming into the system. They are pulling the plug is what they are doing. . . . It’s game over.” " - from -

https://www.jsmineset.com/2022/06/15/usa-watchdog-game-over-theyre-pulling-the-plug-bill-holter/

NoelShempsky
I am sure we all say things at times which we later regret.
Perhaps you should keep your head down for a while.

Maersk Resilient rig ? Seems to fit the bill .. any other suggestions.

They were perhaps not examples of his best forecasts, but I didn't have the time to hunt down any more.

But even the best forecasters can get things wrong. This came out yesterday and it is about how top US economists, The Fed and the Treasury got it wrong -

"Inflation-Deniers Are Finally Admitting They Were Wrong"

"The alternative financial media called the establishment out on their lies and we provided an endless array of evidence to support the position that an inflationary crisis was in fact imminent. We were called "conspiracy theorists" and "doom mongers" in response. Now comes the time of reckoning. We were right, they were wrong, but they'll still try to convince the masses that THEY are the proper people to solve the problem even though they used to deny it even existed"

https://www.zerohedge.com/economics/inflation-deniers-are-finally-admitting-they-were-wrong

Optimus, this was also in that article, perhaps you have a bit of respect for their views -

"JP Morgan CEO Jamie Dimon and Goldman Sachs President John Waldron both openly voicing concerns about economic disaster".

Will they be proved wright or wrong? Who knows.

So, we must just wait and see how things turn out. Obviously I don't want to see total financial collapse as that would be devastating for society, but I try to keep my eyes open and read wide range of views.

Just one last extract from that "Inflation-Deniers Are Finally Admitting They Were Wrong" artcile -

"Yellen's announcement is specifically concerning because administration economists are usually the last to admit economic mismanagement or mistaken predictions, because their jobs depend on the public remaining uninformed. Yellen is also in a unique position of being unable to deny personal involvement; as a former Fed official she directly presided over some of the most egregious inflationary actions in the central bank's history. If she is admitting that she was wrong, then the system must be on the verge if an epic downturn.

The problem with such admissions is that they are often followed up with disinformation. The current narrative is to blame Russia "

That is why I like to read a wide range of views - to see through the bluff we get from our rulers.

I didn't expect to get dragged into this debate, but one last word - I wasn't trying to suggest that doom is on the way for DELT. (Bob Moriarty said put your money into things with real assets - and I see DELT's NS assets as fitting in with that)

I am in DELT to make money and I exercised my critical thinking skills and forecasting skills in weighing up the prospects for DELT. I concluded that the sp will go up, so I hope that even if I was led astray by those writers, my own forecasting skills turn out to be right in the case of DELT.

https://www.delticenergy.com/wp-content/uploads/2022/06/220614-AGM-Presentation-2022.pdf

Ha ha what a joke........... http://energyandgold.com/2020/09/12/bob-moriarty "the next two months could be catastrophic in american history " posted in 12/9/ 2020 and there wasn't any catastrophe and in fact right now the US dollar has never been higher! ........ Oh and your other link about low oil prices starting world war three That was posted in 2015.......... Oh and it didn't start world war three did. Just utter rubbish.... Get real

ONLY THOSE WHO DARE TO FAIL GREATLY CAN EVER HOPE TO ACHIEVE GREATLY

I've just recalled that Bob Moriarty, the author of the second article, is often interviewed by an oil and gas websites, so some of you might be familiar with his views.

http://energyandgold.com/2020/09/12/bob-moriarty-the-next-two-months-could-be-catastrophic-in-american-history/

https://oilprice.com/Finance/investing-and-trading-reports/Low-Oil-Prices-Could-Start-World-War-III-Interview-With-Bob-Moriarty.html

and there are others who interview him.

A stupid post and doom porn eh? Did you read entire articles or just the extracts I posted?

One of them was written by a Swiss fund manager and the other by a very highly regarded man who, a couple of months ago, made a forecast (made using the DSI which he says is the most reliable indicator, almost never wrong) and the markets turned on the very day he said they would, and that wasn't a one-off lucky strike. I have followed him for twenty years and he has made many shrewd calls.

As he has written ""Very few people understand what is actually happening because it is so far outside their frame of reference".

The US is bankrupt and the Fed won't be able to save us from the crash. Read the full articles -
"The world, I mean the whole f***ing world, depends on resources from Russia. The current world economy cannot and will not continue to function without those resources. If Putin cut off natural gas to Germany tomorrow, the doors would close on the EU in six months. It may happen in any case.

Do I really need to mention that the US is paying a price for the sanctions? The 3rd world faces massive starvation. The EU is literally shutting down. Actually just about everyone in the world is suffering due to the sanctions except one country.

That would be Russia.

Their Ruble went from 75 prior to the war to 160 when the sanctions were announced to 55 today. Don’t for even a minute think they got hurt. If there were a single politician in the West with functioning brain cells, they would be begging the US to rethink the sanctions."

No expert by any stretch of the imagination but seems a bit fishy the day before the AGM. News leaked ?

Yup, doom porn get the clicks.

General markets were running way too hot from easy money. Now the FED is tightening, market realigns.

Happens every time. They will eventually flip and there will be another rally before the mid terms in November

Thats a stupid post Noel. ... everything isn't collapsing... This is more likely M.m manipulating the price down to get more buyers on board

Looks like an incoming discounted placement to me.

There has been no volume behind the selling and just see this as bored investors. The news and PR has been diabolical by the company.

I'm not saying this is the answer cookoo, just a theory, but could the wider jitters be behind the drop?

"But investors are neither mentally nor financially prepared for what is coming.

The selling we are currently seeing is just on the margin. Most investors are staying put and will ride the market down by 50% or more before they realise that this is serious. And at that point they will hope and pray since they will believe it is too late to get out.

Sadly no one will understand that it is really different this time and that most asset classes will fall by 90% or more in real terms." from -

https://kingworldnews.com/greyerz-is-the-world-entering-a-singularity-event-that-will-change-our-civilization-to-the-extent-that-it-will-become-unrecognizable/

"Very few people understand what is actually happening because it is so far outside their frame of reference. As to a market crash 90% of investment advisors have never seen a real crash. Boy are they in for a surprise. But it goes far deeper than that. " from -

http://www.321gold.com/editorials/moriarty/moriarty061422.html

Two opinion pieces that should be taken seriously.

It is the AGM tomorrow. Concerned PI's should attend and ask a direct question. "What are the plans for further funding?"

It is a simple question which should provide an answer.

holiday bonus time ,this is turning into a lifestyle co as was cnr ,all in the know will benefit the rest can go fry , not a hint of information as usual just suck it up boys

This feels like a fund raise. Poor show if it is.

Good question I cant see a reason for this drop. .......Something going on behind the scenes?

down 8% whats algy cluff after a share issue again?

With news like this, could the government put even more pressure on the majors to get things moving even quicker -

"European Gas Soars After US LNG Terminal Explosion Halts Exports For Weeks" -

https://www.zerohedge.com/commodities/european-gas-soars-after-us-freeport-lng-terminal-explosion