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Not checked in for a while but I hope everyone is OK. With the recent hedging it looks like HALO are going to survive this which is all we can hope for I guess. Southern North sea gas is the right place to be for sure so fingers crossed. Thank fk we aren't listed !
Hi MT
Hope you well mate thats all that matters at the mo.
I know its not time to think of making money but once the dust settles the market will bounce back it always does and those that have wool on there back will pick up some bargains.
Tullows Mcap today is..... 120m.
Yes woolly backs are required, not sure how you sanitize a woolly back though..;o))
oil may take a fare while to recover and may even drop below $10 in the short term. Be careful !!
Just imagine December, some sort of normality and HALO relist at £1.50. That may be as good as it gets, id happily take that at this stage.
Morning all see my post below re Tulows Mcap at £120m wonder what it will be today unreal.
Anyway I hope all are well.
Hey RB.
All good here. Lockdowns easing globally so oil consumption should rise gradually. I am hoping OPEC+ cuts will be increased so a strong bounce in oil price should happen at some point. Take a 6-12 month view IMO and some profits should be made. Avoid companies with huge debts is my philosophy.
Where does this leave HALO? Dutch TTF at 6.7 for July 2020...OMFG. Re-list in 2020? Maybe look to 2030 for that to happen...lol. May/June annual report release shall be a depressing read no doubt !
Hi MT
Hope your well mate nice to get your thoughts.
Thinking the same this puts us back 6/12 months but we should be ok this world has to keep turning you know.
But then look at it another way cheap assets aplenty... if you have wool on your back during times like this sad but true there will be bargains gallore.
Stay safe, dont forget we did promise to meet up at a HNL GM one day im holding you to that.
RB how are you? has the lockdown affected you to any degree? I know some businesses are still operating 100% albeit from home. Many building sites are still ploughing on.
If we relist at £2/sh ++ some day I will deffo be at the AGM to buy a round of drinks!
Hi Mate
A few staff in just doing shut down works at food processing places ect, its going to be a mess when we all get back to normal, its given everybody a kick up the arse tho you never know when the curved balls coming.
Yep £2 will do me see you at the GM one day.
Been lucky over at VAL, been there these last few years took some doing tho, he BOD had to go which turned out harder work than we thought.
Stay safe mate.