Member Info for Albi1

SoupDragon

Who are you referring to? I'm certainly no shorter!

Hmm and by that I hope, for your sake you also mean Hurricane Energy, because it will be!

Tardigrade

Bit off topic, but ever since viewing pictures of tardigrades in space, or more accurately on the moon, I have been quite fascinated. Great name!
https://earthsky.org/human-world/tardigrades-lunar-library-beresheet-spacecraft-crash-moon

Darkknight,

Former USA Gov guy said 6 months, really? Any chance you can share the link? That's rather good news for us (with apologies and respect) at this juncture!

Dark Knight, Right, my first name's not Luke and my skin isn't green, but observing the ****y shorting plays on here - the market was ready to hit decline mode - USA interest rates cut, Chinese / USA trade thing, blah, blah, blah - if the KSA thing hadn't happened the lovely shorters would have run us down for a while and eventually we'd bounce up again. The image of a Weeble (for those who were children in the 70s) comes to mind - it wobbles but it never falls down!

Mmm, going to qualify my last statement as realise could be misinterpreted -

When I had nothing, no home, no work, nothing - "I used to laugh at people who got stressed at investments".

Sheltie, we're nearly there, DATA, DATA, DATA = proof of concept. Yes Lancaster looks great - but long term data verifys that. Same on Lincoln and Warwick West. This has really been a tough ride, I used to laugh at people who got stressed about investments. I now have deep sympathy. I believe it will all come good but the proof is in the pudding - 2020.

Candydog, take the strange events of the weekend as a blessing - odd and counterintuitive as it seems - and watch the price steadily rise for the next few days - weeks - months. DST in December - game change time.

Chislehurst, funny you should say that, "truth will out" keeps coming to my mind here. It's all here, it's extraordinary history in the making. Shame we're not all millionaires (OK, I mean me here) so we could just kick back and appreciate what's happening, fractured basement in the UK, historical, brave and ingenious!

Dark Knight
Unfortunately that's politics the world over these days or has it always been so. I'm happy to see the SP rise, only thing is will be harder to work out if part of that rise is being driven by expected additional positive news on Friday when interim results are announced! Still holding and keeping fingers crossed.

Dark Knight
Patience goes a long way, agreed. Perhaps it is a little unfair to label the entire population of Saudi as liars!

Dark Knight
I would agree with possible timeframe. Would have ticked up several of your and Beerbull's posts over the last few days if both of you had refrained from insulting others due to their nationality, race or voting proclivities ... Otherwise appreciate your observations on here.

It will likely to continue to rise ... rumours of weeks to months to restore production.

Out of interest, if there had been no share dilution what would the SP be now?

Concerns about the global economy, interest rate cuts in the US, recession indicators etc. having been pointing to a downturn in oil prices. That said, somewhat eerily, there was a lot of bullish buying last week. Back to Hurricane's status, interim results on Friday plus next DST results on Warwick West (formerly known as Crestal).

No-one's too sure how Brent will behave until they have a clearer picture of production down time at Aramco. Obviously based on the projected low demand against a downturn in economic growth short positions were placed with the expectation Brent would fall.

So back to known unknowns and unknown unknowns ... to quote Rumsfeld.

Corral, it's the 4th offload ...

https://uk.investing.com/news/commodities-news/oil-prices-surge-15-after-attack-on-saudi-facilities-hits-global-supply-1962718

"Aramco gave no timeline for output resumption. A source close to the matter told Reuters the return to full oil capacity could take "weeks, not days.""

Interesting post on the BP board today. Food for thought re. direction of the American market and why Buffet is doing the opposite:

"What is the guy doing rebuying stock that he sold in 2011 heights, when there is an impending dip in the DOWJ when the FEDS start tapering the stimulus? http://m.bizjournals.com/dallas/news/2013/11/14/warren-buffett-takes-37b-stake-on.html?r=full What will the traders on WallStreet be thinkin of this. Anyone with knowledge of the US$ knows that tightening of $ means that commodities will be hurt most, thus oilies will be a major faller? XOM has a new price target of $104, but the street says that it trades at a premium to competitor. I did pick out somewhere, that of all the oilies, BP has the best growth prospects ( including COP, CHVN RDB, TOT & XOM )."

Thanks Laserdisc, it certainly looks like it can!

Phen
Thank you for your reply. I do, as I keep saying, fully appreciate the potential here. I'm waiting on hard fact before acting myself.