Member Info for Auson

I think the meeting should be at Harry's Bar "When I roll up to Harry's, one of London's more exclusive clubs on a Monday evening in September, the doorman gives me an unsubtle sneer. To him, I must look like an East London thug from a Guy Ritchie film. He condescends to let me in when I explain I am a guest of Mr. Bseisu's. Once inside, the Sardinian ma�tre d' invites me to vanish � quickly please � into the men's room and change into the jacket and tie he correctly assumes are stuffed into my bag."

I see Barclays have increased their price target for PMO from 75 to 145 if thats based on $68.2 Brent then it should be knocking on the door of 200 today. Also if they did a similar adjustment for ENQ it would be 27 to 52 again based on $68.2 Brent should put us at 75p with todays Brent price.

So which one is the one to buy today hydraides ? Did you keep hold of your rockhopper ?

Wow, well I suppose thats an upgrade from their previous Brent forecast for 2018 which I believe was $57. I guess all of their traders will be going all in on a Brent short then ... or maybe not ha ha.

Troajan, If I may correct just a little bit RKH 23ish to 44.9 to 34 then back to close at 38 whats the next number in the puzzle ? ZIN seems to have bottomed can't believe how low that one still is CRST has taken a hammering today on a cautiously optimistic TU

this trade on Monday please own up and tell us why you didn't wait until today to buy in ? 13:26 - 14/05 Buy 542751 43.00p �233,382.93

Solgfinger2, What are you seeing in those block trades ? Algos accumulating while keeping it within a range ?

Crapples, Funny how people were calling this a P & D while it was on the way up. Seems to be holding 35 quite well doesn't it. What fictitious price do you want in at I wonder ? The rise here seems to have started after this news.. got any views on that ? http://en.mercopress.com/2018/05/12/falklands-premier-oil-figures-commissioning-three-fpsos-in-next-seven-years-reports-globaldata

CaptainStanley, So I take it you will have sold out now then as you think the 28 million buys in the last 5 days are all speculative ?

Dodger16, Quite right its hillarious to think that today $75 Brent is something people fear !

I would call that a $1 drop but why let maths get in the way of anything. Also Dollar is well up so its meaningless.

Is PMOs trading update so would expect a lot of speculative buying here up to the close.

ARG market cap �24m BOR market cap �24m with recoverable reserves of 462m barrels. The Company operates and has a 100% interest in three Production Licences in the South Falkland Basin covering an area of nearly 10,000 square kilometres. The Company has acquired 2,517 square kilometres of 3D seismic and drilled two exploration wells, making a significant gas condensate discovery with its first well.

Lets just see when funding, or a farm in partner is announced if the market hesitates for one second about the excessive salaries or poor management decisions. Both of these things are by no means rare. Just for context the Petrofac CEO was arrested as is on the run ! and then there is Elon Musk !

peekayokay, The rise needs to be over 30% in a day for a 'speeding ticket' RNS to be issued that is if there is no good reason for the rise.

hydraides, Well as its just smashed 41,5 you must be a genius and a master trader, your invinciboble !!

Sauer, I did mention Brian the Lion who lives in the sea. Remember.

http://en.mercopress.com/2018/05/12/falklands-premier-oil-figures-commissioning-three-fpsos-in-next-seven-years-reports-globaldata/comments

Despite all the P & D talk on here there is no need for a speeding ticket RNS as we have not risen enough ( in one day ) But looking at the strength of the rise here the last 2 days I think an RNS is highly likely at 16.35

a111, Agreed its not really a spike more a gap up to the 37.5 on a three year chart. There is also a gap to be filled at 50 then 62.5.