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November 5th gunpowder treason and plot, what if all the PI's bought a single share at the same time on the same day, what would the market bots do? People power on the net seems to work why can't it work for us? I feel a movement coming on - not that type :0)
Brings to mind Supertramp's Album cover , Crisis? What Crisis?
:(0
Ah, Escargot I should have known...
Last I heard he's in a stunningly beautiful part of Greece ,2 beers and half a litre of wine to the better/worse today already ,trying to forget this ridiculously undervalued company and its ludicrously low sp . Yamas !
YES!
Where IS Snail??
Lol
When I started this thread I'm sure I ment:
Any thoughts on the time taken thus far on latest offload?
Anyone seen Escargot?
Didn't mean offload of Saudi oil infrastructure...
what did i say amazon prime lol
https://www.amazon.fr/Alu-Dibond-140-90-refinery-Schwechat/dp/B017NY4W9U/ref=sr_1_5?__mk_fr_FR=%C3%85M%C3%85%C5%BD%C3%95%C3%91&keywords=oil+refinery&qid=1568707602&sr=8-5
So that yanks have 700million barrels reserves in salt mines. That's a small fraction of what the UK has hidden away (secretly stored offshore in a Ridge, West of the Shetlands) :-)
For anyone wondering how the US might cope with dwindling supplies
https://www.bbc.co.uk/news/world-us-canada-49720026
Mark,
"More attacks and we’re into $100 a barrel territory. "
Good.
Looks like short term the effect of the bombing will depend on how quickly the facilities come back on line, looks like reserve stocks will cover things for the next 40-60 days, after that it’s more uncertain. More attacks and we’re into $100 a barrel territory. More interesting is how this attack effects strategic thinking regarding future security of supply especially by China who have increased their imports from Saudi by about half in the last year. Security of supply generally equals diversification of sources so China may well turn more attention to possibly big suppliers like Venezuela and Iraq but also relative minnows like the North Sea and WOS.
I suspect generally this attack will increase the risk premium for supplies from the Middle East with an effect on the POO for some years to come.
DK,
"Saudi still not confirmed how long it will take to get back to full capacity. I am sure they can buy all the new equipment and parts from amazon "
https://www.amazon.fr/Alu-Dibond-140-90-refinery-Schwechat/dp/B017NY4W9U/ref=sr_1_5?__mk_fr_FR=%C3%85M%C3%85%C5%BD%C3%95%C3%91&keywords=oil+refinery&qid=1568707602&sr=8-5
Saudi still not confirmed how long it will take to get back to full capacity. I am sure they can buy all the new equipment and parts from amazon and have next day delivery for free if they take out amazon prime for 30day free trial... just an idea.
Any thoughts on the time taken thus far on latest offload?
Anyone seen Escargot?