Member Info for 1750mk1

"will be all over the place in a few weeks" ... fixed that for you.

seriously LSE ? ... get a grip.

Link to Q&A on Dreckly Talk via twitter here ... https://twitter.com/AmiliaStone/status/1222117207888449536

https://www.***************************/avacta-group-qa-strong-performance-to-continue-lonavct/412804214

Holding 9k through the asian session is pretty bullish for BTC...

Just back over 9k now.

because you can hold ARB in an ISA tax free wrapper but not Bitcoin directly (nor the XBT tracker but that can be held in a SIPP)

9100 now :)

P/E 2 is more accurate and correct as opposed to what it might say at a glance on assorted websites like here or HL which rarely get P/E figures correct. So when you say you ‘thought’ perhaps you mean you ‘read’ ? ... best do your own sums on these things. Even some of the popular subscription share data services can be well behind the curve and certainly were on RRE for quite some time post marathon deal.

https://www.energyvoice.com/oilandgas/north-sea/220472/repsol-sinopec-going-after-more-blake-field-oil/

"Repsol Sinopec Resources UK (RSRUK) has submitted a key document for a project aimed at boosting production from the Blake field in the central North Sea.

Aberdeen-headquartered RSRUK intends to drill two infill wells on Blake in the second half of this year, with production to follow in March 2021.

The field came on stream about 20 years ago and is served by the Bleo Holm floating production, storage and offloading vessel, located 35 miles off Fraserburgh.

The development comprised six production and two injection wells.

RSRUK took over the operatorship of Blake in 2014 after striking a deal with the original developer of the field – BG, which was later acquired by Shell.

RSRUK has a 69.18% stake in the licence, while partner RockRose Energy has 30.82%.

The two new wells will be tied into the existing Blake subsea manifold and production routed to Bleo Holm... "

Cornish Sardines.

for sure... it's an extremely highly unlikely no further deals / no growth / do nothing / just play out as we are scenario yet illustrates how it still delivers masses of shareholder value and steadily piles on £1bn or so in unrestricted cash.

These fundamentals have not changed at all. The risk v reward remains absurdly highly skewed in our favour imo.

Easy to get bored as many did around 600p before re-rating to 1700+ in one hit though...

But then a bigger fish takes longer to reel in.

Short and to the point again from a very smart cookie on Twitter.

Nice simple chart showing growth in unrestricted cash vs restricted cash and decom liability over the next 10 years...

"Worth remembering the investment case here for next 10 years. If they do nothing else and simply meet their contractual and statutory obligations (with oil at $60bl) then the cash pot could look like this:"

https://twitter.com/LandSaints/status/1221391622283386880

Production to increase by up to 50% for H1 2021 (Arran & Brae)
Regular dividend policy announced
£1bn available for transformative acquisition ("watch this space" AA)
No debt
Directors' shareholding in excess of 30%
All from the safety of UK and EU jurisdictions

I'm not convinced it is the large ii holders... sure, they had to rebalance after the MOUK deal and rerate but we have not seen any reduction from Cavendish for some time. They may well need to trim as the SP moves up to keep balanced but that is a nice problem to have... the fact that Cav remain maxed out on RRE speaks volumes.

I think its more of a perfect storm in a teacup the last week or so ... after the positive trading update it looks like we got an influx of new and likely relatively unresearched pi money coming in, a fair bit likely on the back of the high stockopedia rating and hype of RRE being the most popular in the challenge etc... we then got a sharp move up, maybe too quick not to have a pullback ... then we got the TAQA / operator case sideshow and the childish (jealousy) wideboy emails which might easily spook the unresearched into selling alone but we also have the Coronavirus and Oil dropping off 10%+ at the same time... all that along with RSI and chart techs being maxed after a sharp 25% rise I think the pullback and consolidation is fair enough. Throw in a few PI RRE fans wearing their "I sold RRE" badges with pride and you could easily see a few more unresearched following suit... lots of folks are on big profits after all and a few may have even hit a quick 10-20%.

None of this changes the facts.

I don't see a problem with it being acceptable... just not for 99% of vegans I expect. I don't know a vegan who would entertain eating any kind of animal derived meat whether it be reared agriculturally or grown from cells in a lab / facility.

But surely that isn't the market for cultured meat... it's for the rest of the population who still want to eat some meat but are increasingly conscious of the environmental impact. A significantly bigger market than vegan.

ok, flat's a start lol

Walking past most Chinese street food in China puts me off food full stop... the smell stays with you.

See that longergame fella on twitter thinks it's a bit presumptuous to assume vegans want to taste cultured meat ... like vegans are the target market :)

shame, was always partial to a nice batburger but will avoid now... hopefully we will invest in some lab grown bat.

nah, Finland is where it's at.

Some extra ammo for the Soylent Green series A funding round ?... now that would be interesting.

really want to see slow and steady now but pretty much exactly that G17

Happy with the chance to add some tbh so I did. Can't really grumble too much at a 30% premium to last months raise and more over NAV..