Member Info for Auson

Trump needs an off ramp fast, with The Gerald R Ford fire damaged and returned to port in Crete, even rumours of deliberate fire on board. Hormuz being closed is going to damage Trump in the mid terms. Its all not good but they will probably quit job unfinished in Iran. Could all flare up again at a later date but that all rests on Israel.

Price of Brent for delivery in 6 months time is $25 below spot price

Bigjock36, Christofer,

One thing of which I am certain is you learn a whole lot more from your losses than you do from your profits !

Good luck all holders

Not expecting 13p anymore then wildtiger ?

wildtiger

Posted in: SFOR

Posts: 3,011

RE: All out29 Dec 2025 10:41

I expect this to touch 13p at least before the next update. Zero sign that the company is turning around. Dead money here for another 12 months at least

Neversell,

I've noticed with Goldman its often a good idea to do the opposite of what they suggest.

'Goldman Sachs expects the price of Brent crude futures contracts to decline to the low $50s a barrel by late 2026 due to an increase in the ...'

Betterlife20,

Don't worry about the price at the pumps as Ed Millipede keeps telling us we just need to go electric/ renewables even faster. They will pour money into it at the expense of the North Sea, and no doubt pour money into house building too ! All payed for via tax, borrow and print to infinity, or the next election at least.

Oils down $10 from yesterdays high, Nat gas also down slightly, truck loaded up here yesterday, lets see.

I would say its more applicable to UK nat gas price which is up 100% since Feb. However if we look to 2027 oil price is $30 lower than spot.

They need to make the most of this ridiculous share price !

Asatara,

It think Gold is likely going to $6000 to $6500 an oz

96% have long positions •

4% have short positions

51-250IG clients with open positions in this market

Should be illegal really CEO buying £900k worth of shares at 407pthen using £399k of company money the next day to buy shares at average price of 423p

A717anlaby,

Brent futures are only above $81.61 up to Nov 26 Dec 27 $79.95 Jan 27 $78.60 Feb 27 $77.40 out to Dec 27 $72.52

Get drilling in the North Sea, gain some energy independence.

Flabbs,

I think its this

'Harbour's tax expense increased to $2,983 million in 2025 (2024: $1,312 million), primarily driven by higher pre-tax profits resulting from the additional earnings contributed by the acquisition and the extension of the UK Energy Profits Levy (EPL). The tax expense comprises a current tax expense of $3,505 million (2024: $1,415 million, expense) and a deferred tax credit of $522 million (2024: $103 million, credit).

The effective tax rate of 106 per cent (2024: 108 per cent) is materially higher than the statutory tax rate of 78 per cent (2024: 78 per cent). This is primarily due to a $311 million deferred tax charge arising from legal enactment of the extension of the EPL in the UK by two years'

AIM4,

But that is not reported to the FCA as it is a 'net' short position. Besides hedge funds don't really hedge anymore they just bet.

Betterlife20,

We do have a clue, they will eventually lower interest rates to near zero and print away the debt...again.

Anyone else think we will get one ?

I'm intrigued why the 60m shares showed as a paired trade yesterday morning meaning one party transferred to a second party. Maybe I'm wrong but if the accelerated book build had multiple bidders wouldn't it just show in the U/T as market makers placed the shares ?

MarkBellUK,

I would hazzard a guess the short level is much higher than 0.7% here.

Got to feel sorry for long term holders and the cheeky CEO buying £900k at £4.07 to enrich himself while shareholders are looking at huge losses !

Bonker99,

Remember the contamination complaints last time the SPR was sold off ?

'Problems with crude quality would make the U.S. Strategic Petroleum Reserve (SPR) less useful in an emergency because refiners would need to spend time and money removing contamination before producing fuel. The reserve is the world's largest government stockpile, currently holding 665 million barrels.'

Hydrogen sulfide (H2S) occurs naturally in crude and natural gas, but oil producers typically decontaminate such products before delivery to buyers. High levels of H2S can corrode refinery parts and pipelines - and can be lethal to humans in gas form

https://www.oedigital.com/news/435718-firms-complain-of-contaminated-crude-lifted-from-u-s-spr

Without,

The 60m transfer is showing at 07.15 and 07.28 this morning then a U/T at 2.60p

3 255.0 802686 UT 260.0 301.8 08:05:39 802,686

120,802,686 2 255.0 60000000 O

260.0 301.8 07:28:15 60,000,000

120,000,000 1 255.0 60000000 O

260.0 301.8 07:15:05 60,000,000 60,000,000