Member Info for bald_eagle

Redial, your theory about 're-inflation' seems a bit of wishful thinking IMO. How can you have inflated prices when the commidity is over-supplied?

Sure, other commodities where there are more buyers than the supply can cope with...ventilators & PPE (at the moment).

Oil requires a sanctioned cartel (OPEC)....but it doesn't quite work when everybody wants a bigger slice of the cake....and in the future the cake will have to get smaller (because of climate change mitigation).

" showing them my share certificates..saying..phwoar ey!..phwoar..rdsb $150 per share..would you like some sir? Madam?..phwoar!"
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Bloodshot, and madam will point out that oil is $150 per barrel but RDSB share price is 'only'...[think of a number]!!

And call the police!

When was the last time oil was $100 per barrel?

Seems that BARC is just an unlucky share for shareholders. Even the management cannot be blamed for CoronaVirus...or can they?!

"Oil is down ~ 4% and has not gone up yet today but RDSB gone up nearly 5% from opening price, what is that telling us?"
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That the opening price fall was over done!?...perhaps.

Low oil prices could be a boost to the general economy and save jobs too. Just a thought.

NMH, yeah, you're probably right.... 14,000 ounces is a bit optimistic. But it's also not terribly good either. But ALtyn is all about the future & how soon they can get to 100,000 ounces (or thereabouts).

Caitlin, I do believe the SP did go down to around about £9.20, but it didn't stay there long. No reason why someone couldn't have bought shares at that price. Could have been a limit order after all.

16th March (this year):
"With the current equipment now on site production has been steadily increasing with a monthly run rate of 29,000t being achieved in February, (February 2019: 10,185t) a significant increase from the prior year. "

This would imply that prior to February the monthly run rate was less than 29,000t. So they are unlikely to have 'kept this up' since July. Hopefully close.
If they are close to 29,000t then my estimate:
272,000t ore
14,000 ounces of gold

So what is your guesstimate?

I believe that a young man called Bill Gates got his original code from IBM and now we have Microsoft.

There are always missed opportunities. Indeed Bill Gates originally dismissed the Internet (but he did change his mind).

Will oil always be this low, will it remain low for a long time. Nobody know. But nobody except Saudi Arabia can keep profitable at these levels, so an agreement is just a matter of time. Trump will also put pressure on OPEC (& Russia) to control production....although a cheap oil would help in a global recession!!

Carnival too...cheap because they have really been shown to have poor practices in handling a contagious virus. But people have short memories, and apparently people love cruising. Given suitable deals they will return...people love a bargain holiday. If the price remains low for too long then a takeover is possible too. But Carnival is one company that could go to the wall, or be a very different company after this pandemic is over. Depends on how much they can cut costs & mothball ships.

Grant, valid questions to ask. Is Shell as 'safe' as we investors think it is? I don't know. Perhaps ultimately that's something that you will have to work out for yourself. All investments involve some amount of risk.

But probably if Shell goes under then there are a lot of companies that would also go under....it's almost like saying it would be the death of Capitalism (or the version of Capitalism we currently have). Not impossible but seems unlikely to me.

In the long term Shell (& a lot of other companies) have to adapt to a low carbon future...that's the big obstacle/opportunity for Shell & other oil companies. But in the short term I expect things will return to some sort of 'normal' fairly soon....but what do I know & who the hell am I anyway...nobody of consequence...just a person with an opinion, just like everybody else.

I wonder if the new ISA allowance will give shares in general a bit of a boost in the UK...even in the short term. Will people have the money?!

Bloodshot, a good strategy...working on getting your average down.

Bloodshot, good post. I've noticed that when people start talking about £8 a barrel oil or RDSB is doomed, it's usually a good time to buy. Could well go lower...sub £10 again. But I expect in a years time when the Virus has a vaccination and the Saudi's have struck a deal with Russia (after all US shale producers have gone bankrupt obviously!!) we will look back and say "Blimey Shell was cheap back then".

Frank, I don't think TPR will be on the shelf in the immediate future....so I'm not sure it will be 'a life save' in the 'months to come'. IF people change their behaviour in the years ahead then perhaps they will turn to remedies like TPR (when it becomes available). BUT based on past experience people hardly ever change their behaviour...even though they say they will. It's too easy to switch back to what we have always done...e.g. jetting off on vacation rather than holiday in the UK.

On a positive note: John Clarke really rates TPR and wanted FUM to develop it on its own. Mr Barder decided it would require too much money (for FUM alone) & their business model required a pharma parther. But that requires a partner that is fully committed to the product, which hasn't always been the case.

Indeed CSD seems to have died a death (for reasons not fully explained IMO). FUM did blame the lack of sales on insufficient marketing budget...perhaps a sign of a weakness in the FUM business model. Most likely something to do with the availability of generic Viagra.

NMH, what are you expecting?

Last year won't be that amazing IMO. It will all be about 'the Plan' for raising production and future potential. Lots of money to be spent over the next few years. But ALtyn are in a far better position than they were a year ago (again IMO).

Parmxz, I agree that the seminar is unlikely to provide any momentous news...certainly nothing to take the SP to 108p. But it could provide enough interest to give the SP a slight boost (perhaps quite temporary in nature).

Discussion about cash - and how long it will last - will be something to watch out for.

BlueChip, it's a long way to 108p m8!! Bound to be a bit of speculation ahead of next week. Might even get back to 13p...which isn't to be sniffed at. But still short of the 108 target you set.

Just to clarify for newbies...FUM's share price isn't going to reach or exceed 108p next week...or anytime soon I imagine. I'm just reminding people that 'BlueChipBroker' made that prediction not that long ago. It isn't based on anything other than wishful thinking IMO.

The best news would be if they announced a pharma partner for their product MED3000, but I don't think that's realistic (at the moment).