London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
This is my opinion for reason I give before & what he like to do with RNS. Little price drift but mean nothing much in BIG picture for INVESTOR with immediate Re-rate & start of what I expect will be big Institutional investment.
Other news which is important for this picture from Reuters source.
"SAUDI ARABIA EXTENDS 1 MILLION BARREL PER-DAY OIL CUT, MAY DEEPEN IN FUTURE"
"Saudi Arabia will extend a voluntary output cut of 1M bbls for another month to include September. It could be extended beyond that or deepened"
Summary
- Saudi Arabia flags possibility of 'deepening' cut in the future
-Russia announces 300,000 bpd export cut in Sept
-OPEC + panel to meet Friday.
Check full article. Good forThis is my opinion for reason I give before & what he like to do with RNS. Little price drift but mean nothing much in BIG picture for INVESTOR.
Other news which is important for this picture. Petro Matad & holders of course.
Not pickers please stop or post something useful for BB.
Be Happy
Define โvery soonโ.
Define ''Be Happy''
You need to be a producer before you start considering the wider world oil market & PM isn't a producer (yet). And if/when it does become a producer it will have only one customer.
More pure speculation 'hopes' 'must be's' and no facts. This will drift downwards with the odd rampy trading day until firm news. When it gets to 3 5p i will top up.. hoot hoot
Wait for RNS. Better for you I think ๐
Doc/MachuPichu: Define "adding (even the smallest) value to the PM chat board".
Ah, Ojay. Defender of the (WOS) faith. You really are the biggest numpty on here and you truly don't add anything to this board, not even holding those who continually and incorrectly predict things to account.
When someone continually says "very soon", it's a valid question to ask how long he considers very soon to be.
I'd define that as adding value that diametrically opposite to the value I add here Ojay.
(as previously stated, it's my goal to be the least value adding poster on this BB .. and even accepting self praise is little praise indeed, I'll still offer that I think I'm doing an excellent job at that)
Local meeting took place today. Not sure if anything to do with Matd has been discussed .
Looks like All departments are back to work.
Its getting frustrating that 3 months have been wated in passing paperwork from one department to next..
I always say Q3 for start of Operations so RNS must be BEFORE this for estimate.
If mr Buck ALREADY in discussion with service provider time of 6th July RNS then you have good idea why I say "soon".
I give 1 day out for Cabinet Approval land access be ause u did monitor multiple Intel channel EVERY day. I only make mistake before because of Ministry change from MMHI to MCUD a d this is all nitpickers want to talk about to say Intel useless
This is all in posts I give before & people ask why I repeat myself ๐ Time better spend less gossip & more to try & give useful info on BB.
If you do not think it is useful then FILTER.
Be happy but like someone say KARMA will come even if they say "all fair in love & war" make this behaviour okay โ๏ธ
Be happy real investors ๐
You didn't put a year beside that 'Q3 for start of Operations WOS'... Wise (Owl) !
Oh dear - Doc is in the name calling mode again, very defensive and especially unable to answer a simple question.
Oh well I guess that's how he wants to be perceived by the readers on this BB.
Do not know if people have realize yet.
Doc NEED people to post to Nitpick post. This is almost ALL his posting on BB. Maybe this tell you something about his nature?
People understand this or not.
Be happy anyway.
MachuPichu: I fully agree with you - you're doing a bang up job at badmouthing PM: however, being honest about it must be recommended.
GL
Ojay - pot, kettle? My light-hearted post the other day showing which days RNS's tend to land on was met with this post from you:
"I agree with Horsers: You don't care about being scientifc (to say the least) and you've got plenty of time on your hands.
Nice try with your post @17.48 - pitiful."
Not sure where that came from, but I think this says a lot about your character! Anyway, don't let me stop you from licking the Owl's ar5.e!
The market has got it right imo. Look at where we are, to date we still haven't got LP. Why would SP be any higher than where it is now. And until PM can demonstrate that it can deliver and soon, it will remain stagnant.
No amount of Ramping ,De-ramping , Name Calling or anything else for that matter is going to have the slightest effect on the SP here. Only Official announcements in the form of RNS and the public's perception of those when they are released is going to drive this north. The rest is just waffle.
Agree mr Boombag
Very BIG news coming with all different pieces in 1 RNS ๐
LOL
Do research! ๐
And check post 07:07 ๐๐ฐ
Wise owl you means this
Production from the Heron conventional oil development project is expected to begin in 2022 and is forecast to peak in 2031, to approximately 8,928 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2066.
That's 8 years from now, what did your broker say about profits, 2m loss 2023, 14m revenues 2024.
Casa 1 and 2 comes online next two weeks that's 20k boe each day, not an eight year wait and has been suggested you will have to sell the Heron side of the biz to fund the Gobi exploration. TXP already has in place three billion gas contract. I believe most of your oil is trucked same as our Royston well which some consider a failure as it only produces 1500 boe each day, that's research
not the jam tomorrow. On this board is there any talk of well pressure from Heron, anything information that could induce me to buy other than ramp. Eg Casa 1 and 2 well pressure 4,500 psi, plant to be run at 420 psi. Gas pipe from plant to main NGC pipe line about 3km of pipe put in.
Where is your research, RNs coming next week ๐ค repeated day in day out.
LOL I do not know what to say to you mr Copse. Maybe start with LATEST Progressive Research Report BUT do not stop there.
Read LATEST RNSs & listen to interviews
This is best & honest advice I can give for you. Be happy & better research ๐
Corpse - can you provide any evidence for the bombastic 20k boepd figure you mentioned for TXP.
WOS: โLOL I do not know what to say to you mr Copse.โ
An historic momentโฆ WOS doesnโt know what to say!!