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https://www.youtube.com/watch?v=uovt1sC3rtM
2:01 minutes in ... that's you that is ;)
Good grief ... you don't have to have your sense of humour removed to invest in RRE fella.
lol... you crack me up Soberman.
A $7 sustained price rise would at 22000 boed give an extra $1m per week / $52 m per year
£3.33 per share Extraordinary !!!
I know RRE have some oil and gas output at fixed prices but it just makes you think what could be possible with higher oil prices GLA Looking forward to tomorrow
Choochoo!!
Brent up at 68 .
Expecting a massive gap up in the morning and 10 bags before lunch.
Train is leaving the station ... Hope you got your golden tickets.
Boom.
I daresay that was almost pre-ordained regardless of the strength or weakness of the evidence, the US seems somewhat obsessed
Americans pinning it directly on Iran ...
https://www.wsj.com/articles/u-s-tells-saudi-arabia-oil-attacks-were-launched-from-iran-11568644126?mod=breakingnews
* as oppose to Iraq
1750mk1 Indeed they are all guilty of fanning the flames. I believe Iran are pushing hard because Trump does not have the political support back home to go to war with Iran... for now. But if Iran went and sank one of these tankers or targeted one of the many US bases in the area I think this would escalate very quickly.
I've been reading up about the Iraq Iran war and the subsequent Tanker Wars. This feels like the same events are repeating themselves only with Saudi Arabia now as oppose to Iran.
The biggest indication to the future is the past and Macquarie and cavendish were unloading right upto the end of February before suspension. This is just a continuation albeit they will probably have to sell more what with the sp increasing over 100% again. It’s the price we pay for a meteoric rise in the last year, the ii selling won’t last forever and comes with the territory, if you don’t like 100%+ rises per year, there are other shares out there without this issue
you are still wrong though Soberman ... point was you said that the 'ramping lot' on twitter were calling a big gap up on RRE this morning ... I still don't see you quoting anyone from twitter saying RRE will gap up.
Your expectations are your own.
I don't see that there really is any 'ramping lot' on twitter for RRE anyway ... apart from the fact it doesn't need ramping, the mcap is too high for a start so little point. If you want to see some ramping lot on twitter then have a look at #ZOE (ex HNR) for the weekend ... which is down over 7% today.
Oil did gap up as it goes... 18%, the biggest jump in 21 years. Not a big enough gap up for you ?
RRE also gapped up and was over 4% early doors.
Personally, I wasn't expecting much of a gap up or any instant boost for the SP... as I believe it is still being kept in range to fill orders on both sides ... I do think we are approaching the time where it will start to move though as selling pressure eases and newsflow approaches. But thats just my own expectation. GL
I'm sure our esteemed leader ( A.A. ) has everything under control. He hasn't disappointed yet :-)
It looks to me to be restrained by the selling pressure...still an increase is an increase.
Soberman. Whether you are right or you are wrong, the expression is 'damp squib'
By saying 'damp squid' you may be perceived by some as a simpleton. I hope you haven't been making this elementary error your entire life.
I hope you gain from this knowledge which I offer free of charge, etc.
GLA
funny comment that... can you quote anyone at all saying a big mark up this morning ? I can't see any.
Plenty of talk about a 'big week' and increasing volume etc... which is fair enough. Oil is up and gas is significantly up recently too ... plus we have interims due along with a deal expected... not to mention Cavendish and Macq have less and less to shift as the days go by.
10:30 is a bit early to be calling a damp squib ... and 3%+ up is not to be sniffed at.
Roll on Q4.
Or it's SA and US ratcheting up ever bolder actions.
20% was a bit of a generous call... Brent spiked 18% on open and dropped back to 12/13% ... now around 10% up. Still a big jump.
The response from SA and it's allies is adding to speculation I think. Events point to Iran ratcheting up ever bolder actions in the region, goading the US almost to start something the vast majority of it's citizens don't want.
https://www.investing.com/news/commodities-news/oil-prices-surge-15-after-attack-on-saudi-facility-hits-global-supply-1978318
Only makes this company look even more ridiculously valued. Would be lovely to see financials release at 7am just to deliver the one two combo lol