RE: boil and tom30 Apr 2021 07:37
Morning Willibo, Bojo
TOM - I think an rns is on its way with positive news about production levels, how will they will arrange finance for me is the issue. They in a jv which will soften the blow plus petroteq the company providing the ip for the extraction of oil from sand has a commercial interest as this is a ginnea pig for large scale production so they may help out
I think at the right price there will be some oil plays which have potential. The commodity price and demand though will need to be borne in mind in years to come as we go more green and production is higher than demand are we likely to see a situation similar to that during lock down?
RMS - in terms of value this is my largest holding and it is doing my head in. You see opportunities come and go and don't release money held in rms to move into these opportunities because you hope for that illusive rns which surely has to come.
I feel that I am close to reducing my holding further, each day its a red day. Its the lack of updates I think which is very disappointing, the mask what a **** up, what is going on with citrus greening, the fertiliser which produces bumper crops, gryo the worlds best shaft monitoring system and what are they doing with the placing money
One decent rns on any of these could transform the sp.
One decent spike and I think I will reduce again.
atb