The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Distinct possibility that
the US Government will ring fence the find and could aid/fund its speedy recovery.Thoughts?
If people can't make the connection between world shortage of oil and the imminent CPR confirming largest find in decades....more fool you
https://twitter.com/nexta_tv/status/1501186312174546945?s=20&t=6Id5uy60AuHl6IOGiWwDhQ
Low and behold we then drop.:))) ******s
Well said illusion
Large chin you are a disgrace.Probably the last person to pick up a weapon and fight for what is right. Your posting history says it all .Key boatd warrior:))
In case of confusion my last post meant we will be bought much sooner.... laters....
Two hopes of this being bought out next year.
Bob hope and fecking no hope.
This find will be ring fenced by leading Oilers and/or even higher up.
Arthur Millholland, President & CEO, commented:
“As I have indicated previously, our Wyoming assets continue to perform well beyond our initial expectations. Unfortunately, unexpected tight supplies of NGL’s in the North American markets impacted our Miscible Flood injection plan in September and October. These tight supplies also caused the price of Butane to reach seasonal historic highs during this period. Fortunately, we have approximately 1,000,000 gallons/month of Butane purchases hedged at $0.91/gallon for 2021, relative to current spot prices of $1.61/gallon. Our Butane hedge for 2022 on similar monthly volumes drops to $0.76/gallon. As we expect the North American NGL market to remain tight through the winter heating season, our hedging program will have a very positive impact on the operating results of the Company for the balance of the year and for 2022.”
As for Putin its only a matter of time until his yachts have sailed and he joins the other toxxers on "The rubber dinghy rapids".......bro
Neutralise the MF.
Biden hasn't long left....notice how he doesn't bang his fist or shout for fear of breaking it and his teeth flying out
The real trouble is the MM, short for Market Maker. He (or she) is your friend in that they make the markets liquid and tradable. However, they trade for themselves and must also give a cut to the Bank. Their job entails organising a balanced and liquid market. That’s where the problem starts. They provide liquidity in exchange for uncertainty. Eventually, they had it. They WILL NOT keep losing money so that we retail traders win money without sweat. When a retail trader buys 100 shares, the market maker must sell you 100 shares, which means he is taking a short position. 100 shares doesn’t mean much but when everyone goes out and buys 100 shares, we would have a problem. When the market maker has too much at risk, he will manually adjust the prices to induce fear for day traders. He wants to know if you’re watching. You know you are watching. He’s watching if you react and he will keep lower prices to inject fear until you or other retail traders can’t take it any further. As a market maker, he will move the stock to levels where support and resistance are clearly defined. He will also move the price to levels of Bollinger bands, changes in momentum, or any place where he can attract both buyers and sellers. After all, the Stock Market is simply a disagreement among the prices of the underlying asset. A person would buy if he feels the stock is worth more than the Ask and a Seller would sell if he feels the stock should be worth less than the Bid. Here’s when things get interesting. Logically, Market Makers should raise the price of the stock if he is short and he needs to buy some shares for his inventory. However, he acts counterintuitively and lowers the price to get you the retail trader to sell. When you sell, he buys so that he can now have new inventory to sell to other buyers. In the Stock Market, prices on average drop three times as fast as when they go up. It can also be reasonably inferred that fear is 3 times as strong as greed. This market manipulation has been going on for a long time and while Market Makers cannot transparently collude to profit off of retail traders, their patterns for bid-ask adjustments can easily provide clear signals to show their intentions. For example, Market Makers can hypothetically widen bid-ask spreads to signal to the other market makers that he needs to buy shares and that he’s only temporarily bringing down the prices. Other Market Makers would understand and follow suit and once the shares are loaded, prices are artificially moved up again. The tough part for retail traders becomes knowing when there’s market manipulation and when markets are behaving rationally in accordance to the supply and demand.
level 3 looking good '))
Waal17
When your mail starts with"eh up fat lad" chances are he won't respond :)))
"It would be interesting to have views on why actual real PIs have looked at COPL and decide not to invest, it may give us some indicators? Be that hype, Comms, profits, etc etc"
Simple noob.....They await CPR confirmation and can STILL get in at a bargain price even after that for a period.:))
Yes tree.This type of post is designed to confuse
"The new discovery will not be in the CPR will annual financials, "
No need for it as the CPR will tell its own story not a poster who purports to know.Just like a level playing field.:))
GYHAS You are very good at confusing posts.
The finds approx quants will be confirmed, or not, by the CPR wether it be 1.5 bb or 500 mil
Morgan Stanley raised its near-term oil price forecasts, saying the events in Ukraine have introduced a “risk premium in oil prices that is likely to remain in coming months”.
The bank now sees Brent averaging $110 in the second quarter of the year, up from a prior forecast of $100. Under the firm’s most upbeat case, prices will jump to $125. “Against a backdrop of market tightness, even small disruptions can have large price impacts,” the firm added.
The coordinated decision – the fourth such effort in the International Energy Agency (IEA)’s history – to release 60m barrels of oil from global reserves is unlikely to have an immediate impact on oil prices.
US strategic reserves are held in Texas caves, and not immediately accessible to refiners. US energy secretary Jennifer Granholm said the US, which released 30m barrels, was “prepared to take additional measures if conditions warrant.
“The situation in energy markets is very serious and demands our full attention,” IEA executive director Fatih Birol said in a statement. “Global energy security is under threat, putting the world economy at risk during a fragile stage of the recovery.”
According to the agency, the 60m barrel release accounts for 4% of members’ emergency stockpiles of 1.5bn barrels. The number is equivalent to about six days of Russian production, and about 12 days of Russia’s exports.
Funny you should post "Bin" you're in it .
You have no idea how refreshing it is to not read posts from Iron,Deviled liver,et al.
Have we been successful in our Cuda bid or has Arty let our new JV partner move in at last minute.
Questions Questions:))
Pure buying pressure forcing us upward.
Wonder what's started this.Bail out of other oilers as fear of a Conflict escalates?
Who cares as long as we build.