Member Info for Beerbull

IMO divi will be start of new chapter for this company

Kiss of death! Just topped up my kids Isas with a few. Sorry guys.

Fair enough Osaka, but there again difficult to compare sp like for like, with all the poo volatility & Kraken issues now hopefully resolved. Cause divi’s won’t be restored until we have financial stability & the banks agreement, but that’s the point a divi would signal to the markets exactly the point you make.

ECB, looking to print, to help the Germany economy, the only country IMO they are aligned to. Will more magic money move the price of commodities, cause it will. Trump/China easy money will probably follow..,

Yeah, but TLW pay a divi. To me that’s the difference. To me it says the Banks are confident, with their covenants /TLW to allow the shareholders a few crumbs. I think Pelle will agree with me on this point. Capital appreciation is all well & good, but ultimately IMO dividends are key to a company’s reason for being. No future in being a busy fool.

Debt message, hopefully is beginning to sink in, but guidance on financing future pipeline, once in place will be key to getting this co properly valued. So much potential & much to like about this company. Long & strong...

Surely you mean big trees are called hedges in Texas?

The annual world oil market is over 1.5 trillion usd. I think gold bags, with all their many resources would struggle to shift that market, far easier to manipulate a ftse250 company.

Jay, I appreciate we all have different strategies & I guess that’s what makes a market, but all it will take is a tweet or for the Iranians to push a button or two & your graphs/charts will be as good as chip paper.

Halfpenny sure it impacted on the draw, but by 10.5m barrels?. Not so sure... we seem to get a big draw one week, followed by a smaller one. Seems to be the current pattern.

I agree giblets, but I get a feeling the oil markets far too complacent, with tension in ME, shale issues, encouraging draws & demand for crude still growing albeit at a slower pace. I think you’d be totally gutted if you left the oil casino, just before value is outed.

Poo down, ftse down, pound up. PMO up what the hell ?

Agree with you alfa, maybe I’m being cynical, but I think sp will only become a priority when TD decides to unload his shareholding. Keeping banks happy preempts us.

Dadean, media coverage tends to preface fund raising, if bond raise is under pressure, you’ll see plenty of coverage. Not necessarily a good thing.

Biggest api draw of the year.

Just need Iran to crank it up a notch & current poo complacency could turn to panic.

Let’s hope Dol, but I think it’ll happen when Trump needs a boost to his re-election. (Assuming China obliges).

Oil climbing again, surely their is not a draw on the cards... that would be inside trading.

1.4m usd

Tarth, a rough calc on Zama, from the top of my head circa 35,000 bpd will accrue to PMO at an opex of 20 USD. Assuming poo of 60 usd, PMO will net 1.4usd per day. A question of jam today or tomorrow.