Member Info for Beerbull

i have not posted for several years, but great to read today’s news. ab is truly battle hardened, like a lot here let’s hope he can finally enjoy what he has built. i know he is probably too polite to say it but i’ll say it for him **** you mentally ill miliband.

Linda needs to stop divi’s & buybacks & instead needs to spaff hundreds of millions on carbon capture and other green crap as Cameron once said. The city could then spin HBR as ESG. Ultimately like a lot of other green shares it will tank, but well before then the City would have made a nice packet & moved onto the next fad.

Elon Musk says civilisation will crumble without oil & gas.
The anti O&G tide is starting to turn.

Your welcome to your opinion Tigar, personally I think I’m being harsh but fair. You mention momentum media, imo media momentum is building that O&G will be needed for many, many years.

Thanks for that Pelle, I’ll take a good look at Africa oil.
Those tax savings are incredible, approx double Enqs cap.

Good to see you over here Pelle, hope your HBR purchase proves to be well timed like I think the majority of your ENQ holdings. In simple terms what would 3B translate into tax savings. ?

This is off topic, but on a Sunday why not;
The Johnson Family have a couple of reported mantra’s
1/ Nothing Matters & what Matters doesn’t matter at all.
2/ What matters is what you do, not how well you do it
So true of Boris, but probably very true of his recent predecessors too.
No wonder the UK is in such a pickle when these principles are hard wired into our betters.
No buyers remorse from me about Boris going, but apprehensive that ‘crackers Truss’ maybe no better.

I agree, it will kill future investment, other than what’s already committed in the Nsea basin stonedead. A nice short term political win for whoever proposes, but longer term yet another 6 inch nail in the UK economy.

Excuse if sucking eggs here, but Linda, has or has had executive involvement with both BOA & EIG. Given that she was also inline for CEO at Shell, it’s likely that they are backing both the jockey & her horse rather than undermining both.

Maybe spindok your watching too much BBC. Get out in the garden & enjoy the sunshine.

So your looking forward to right on Sir Keir Starmer as the new big dog. If you’ve been around as long as me you should know they are all odd ball egotists, driven by a weird need for power. They are all as bad as each other, beware what you wish for.

Nice thought Pelle, fingers crossed long term loyalty is finally rewarded.

Why the relegation to 60p, wasn’t £1 the exit?

I hope your proven right kewjosh, but unfortunately nothing in this life is that simple. Having said that at the current SP, HBR is priced to fail. Crazy cheap.

Anyone remember Wimpy (builders not burgers). In the financial crisis sp dropped to 5p, then climbed back to £2 ish. Hopefully we have got through our existential crisis which builders went through & valuations will start to relate to assets/fcf rather than hysteria surrounding this critical industry. Mind I’m not in wimpy now.

The SPR is unable to release more than 1m bpd,, so in practical terms not sure what difference this will make, other than Biden virtue signalling.

Nearly £50 on a petrol fill up goes to the exchequer, how generous to return 5p in duty & then to go after the wealth producers for more. Never thought I’d see a CINO socialist govt like this & on the evidence one that wants to closedown the NSea. Unbelievable but unfortunately true.

Chilting, I guess we all want our cake & to eat it calorie free. According to the slob in No10, going green is easy. I know he talks ****e, but that’s another major untruth. When you consider diesel contains circa 25x energy by weight compared to a lithium battery, hydrogen is still on the drawing board & according to the sage in No10 wind power can’t blow the skin off a milk pudding, on this basis despite that oil is much hated, it has never been more needed.

That’s anyones guess, unfortunately we have a Conservative in name only (CINO) govt & a confused PM (a mix of Ted Heath & Green Greta). At the end of the day Bull will only get you so far & although we are oft reminded of his brilliance a 2.1 albeit from oxbridge tells a different tale.

Exactly my thinking onedb, if poo increases profits increase despite paying more tax, poo decreases profits may also drop, but windfall tax also loses its rationale. Maybe my thinking is simplistic, but there is a win win in there somewhere.