Member Info for Ammu123

So it’s clear they won’t be able to pay the dues in Oct.
HUR update on Friday should be an eye opener for all!
However if Brent goes to 60 then enquest should be okay...
Still in danger zone imo but yeah wtfdik...

Friday 18/12Fri 17:30
A moderately good week for G in comparison to the others: https://invst.ly/t6kw4
GKP is continuing to make up the considerable gap that opened up from March onwards as seen here https://invst.ly/t6l2j , with arguably another 30p to go.
Genel remains weak against OP, however. Prior to 2020 and payment issues etc. etc., G would have been around 150-160 with Brent at $52 based on ‘average performance’.
I took some profits this week from a tranche I bought at 115 back in August and am now back to ‘equal weight’. Thanks to trading and dividends, G has actually performed relatively well for me this year, despite falling from a high of around 195p early in January.

#Breaking: Iraq's minister of finance says Baghdad reached agreement with KRG on 2021 budget bill: Iraqi state media

#Breaking: Iraq's minister of finance says Baghdad reached agreement with KRG on 2021 budget bill: Iraqi state media
Gap up Monday morning!!

Boyobach
Posts: 2,776
Price: 143.80
No Opinion
RE: Noisy neighboursToday 11:16
Up until March, when G fell to around 54p, GKP were priced similarly. But G recovered much more strongly, leaving GKP in the dust - I presumed his was due to payments issues and lower demand for the type of oil that GKP produces. I guess it's natural to see GKP catching back up, now that OP is over $50.
When I dust down the old comparison chart from 'Peak OP' of 2018, https://invst.ly/t5ykq , the interactive version tells me that GKP would be 165p today had it matched G's performance since 3/10/2018.

https://twitter.com/**********/status/1339507281579413505?s=21

You forgot to take cash into account in your calculations.
Current no value attached to business!!

Goldman Turns Bullish On Oil: Sees $65 Brent In 2021

By Irina Slav - Dec 15, 2020, 9:00 AM CST
Structural underinvestment in oil and gas will put upward pressure on oil prices, Goldman Sachs’ commodities chief Jeffrey Currie told CNBC this week, commenting on commodity markets.

All markets except wheat, Currie noted, are in a deficit, and this is certainly bullish for prices. But what he calls structural underinvestment also has its part to play for the future of prices. This is particularly true for oil, where the underinvestment is not just motivated by the price rout but by the shift towards renewable energy investments.

I know I was just reading some of the posts so I thought I’ll give some credit where’s it’s due....
Anyways will be back after a week or 2....

I’ve come across many posters on lse but tbh this guy (Londoner7) Is a top bloke.
Always ready to discuss fundamentals and has excellent knowledge of the industry and hardly indulges in personal remarks/abuse.

Any guesses ?

Thanks Jaff.
Please keep us up to date !!

What was Genel sp ?

Just posted: Yu – hoo ……………why are the shares off 10% (with a placing surely imminent)? *************.com/52907 #YU

?

That’s good atleast I keep this boring board entertained.
Anyways just a pointer for newbies if you want upticks on your posts just say 60p by June 2021 and oldies from this board would love it......anyways I have vented my frustration for today. .... will be back sometime in future to see how things are...

Genel has ticked all the boxes recently and has shown the market how it is possible to sustain a model that includes upgrading and investing in existing assets, adding by funding an aggressive drilling programme as well as making neat acquisitions that are already coming to fruition. This comes with a 9% yield and next year also looks full of potential with a plan for 3 wells at Sarta to boost reserves and exit rate production through 2022. With Qara Dagh and a possible repayment of KRG receivables that might be $140m things look very good at Genel.

Genel has ticked all the boxes recently and has shown the market how it is possible to sustain a model that includes upgrading and investing in existing assets, adding by funding an aggressive drilling programme as well as making neat acquisitions that are already coming to fruition. This comes with a 9% yield and next year also looks full of potential with a plan for 3 wells at Sarta to boost reserves and exit rate production through 2022. With Qara Dagh and a possible repayment of KRG receivables that might be $140m things look very good at Genel.

I thought I’ll have a quick look at enquest sp since Brent has spiked to 50++ now and see what progress been made since I sold after the last update.
It’s the same old Shyte of 60p party now forecasted to be at 2022...... for newbies this has been forecasted before at 2018,2019,2020,2021 and 2022.
Nothing has changed with regards to sp other than it’s gone down over the past 5 years!!

I have said it before and I’ll say it again enquest needs to raise some cash to either pay down some debt or acquire new producing assets!! Production will go down again next year and year after that.
Anyways the only reply I’ll get is the usual abuse. Good luck !!

https://www.malcysblog.com/2020/12/the-bucket-list-2021/