Member Info for belgrano

Like to see lemmings will actually be informed whether or not the source of all the excellent information like opti, has been rewarded by Sbtx is some way. Paints a different picture then when you understand why every thing has been rosy for so long. Know it was the case with opti, but no answers to similar question on Sbtx. “I shagga one sheep’. Best to clear the air.

Just wish I could complete my tax return in the dreadful reporting fashion now seen by the management of this company. I’d be slapped with fines from HMRC before the end of the week and subject to an investigation. They are looking for companies playing fast and loose with their accounts. SA doesn’t to go down that rabbit hole.

Certainly does make me wonder where this stock would have been without our single new shareholder. He must believe, because the institutions don’t seem to have much appetite. Without him I shudder to think what ghe share price would have been with that much sold at best. SA may have avoided one crash but until he lets everyone know what the factual returns are i’ m not holding my breath.

Do believe you have answered your own questions jansky with the correct answers you pose there is only one logical answer.

Must admit to enjoying the banter on this board. However one thing I’m pretty certain is that we are likely to see at least 17p rather than 14p. This is regardless of whether SA does anything at all. So taking out SA ( and know some would say that’s a good thing), there are more current positive market signals right now than negative ones. So at 15p right now a buy or hold seems better than a sell.

Don't believe we will see shocks or rapid swings in price, as what I suggest will take years but that transition is already in motion.

https://www.msn.com/en-us/money/markets/ample-supply-subdued-demand-to-curb-oil-prices-despite-geopolitical-risks-reuters-poll/ar-AA1Pz5db?ocid=BingNewsSerp

Hi Itsaponzi, folks may ostracise themselves but the increasing surge to electric would be foolish to ignore. Just take the switchover rate of any EU country as an example. These are hard facts. I'm from a lifetime in the oil industry myself and the essentiality of fossil fuel reduction isn't just some daft tree hugger on benefits. Fastest cars are now electric, and breakthroughs in storage technology coupled with motor drive train improvements now make electric a clear winner. The loser will be gasoline and diesel producers who will progressively see sales slide. Yes developing countries may hide those facts for a while as their own consumption grows, but the direction is now undeniable . Yes will will always need some products derived from crude, but the market is now in decline.

Do believe crude oil prices are going to remain static or lower for the foreseeable future. Lot of crude producers want to produce more with "drill baby drill", leading the charge.

Many Arab states have got used to lavish lifestyles and struggle to balance the books at $60 per barrel. Other producers like South America, the States and African producers also want to increase output.

Believe another huge factor only just coming into play today is the stunning progress in battery storage technology and solar energy production, where the true costs of products are still being held artificially high, with imported EU cars for example being sold at over 300% more than they are sold in China, and they make a profit selling there? So huge reductions in prices are most certainly coming down the track. This must lead to reduced demand for crude products so further apply downward pressure on POO.

CEO should have a responsibility to those who have kept steadfast for years. Suspicion is some new well heeled folk are getting insider info deliberately at the expense of his pi base.

Toyin/ contender, couple of heartfelt honest posts, thankyou for your contribution.

Scratching for stock now

Was always on the cards that Iraq would aim to up its oil export quota. For years Iraq just couldn't export enough so house saudi stepped in and kindly made up the shortfall and used the cash to develop its own economy. Now Iraq is getting into a similar position it wants the same and I'm sure they will achieve it.

Can see crude prices being low for a long time as the world transitions more to electric literally fuelled by breakthroughs in storage technology.

Nice one

This stock price has always been primary driven by investor sentiment. SA used to inform shareholders on progress near on every month, and on Lemmings which was then subsequently shared. However after the failed axis launch SA went quiet for months until he was eventually forced to give out a dreadful RNS. This time around all the similarities are there, with no news, no positive investor sentiment and a dying share price.

His actions or lack of them are a direct cause of the demise of this stock, and shareholders here can easily produce a long list of failures.

Whats a pity is our products I believe are excellent as apposed to our greedy CEO's actions. Almost as if hes just got to "do things" to justify his exorbitant salary like knee jerk purchases and rushed launches, which will cost shareholders much more than if he did nothing.

So the current share price is dropping because investors believe that income will not be maintained after 3 months.. Please correct me if wrong?

I believe Baghdad will want the Kurdistan IOC's to export as much as possible now agreement has been achieved. Stupid amount of time taken to achieve the export agreement and no more than half the knowledgeable posters on here could have sorted out in 20 mins.

At least the west is taking a more active view of Iraq now some of the blatant bribery has been reigned in.

https://oilprice.com/Energy/Crude-Oil/What-ExxonMobils-Comeback-in-Iraq-Really-Means.html

Erbil will have issues with all crude being exported as it kills their sweetheart deals which they have been making a mint out of for the past few years. Also the fees that tankers pay which is nothing more than bribes. They will be looking to obtain backdoor crude from GKP, so the company must not continue this practice.

Always gives me a wry smile when I've since since seen and heard the axis launch referred to as a "pilot launch". Really excellent post Cliostock.

Obsisian/josh

Said sorry to Elrico because I wrongly accused him of assisting you in access to lemmings investor address list. He told me he didnt know you as the stalking troll you are .. Nothing more so don't make up more stories to please your childish ego.

I'd rather discuss this stock than play tit tat with a pr--.

I'm here to invest and make money, today has been another nice blue day.. how are you doing???? pants I'd wager.

Just had a call from a friend who told me my pet troll was back and hes right, we laughed about you.

So keep it on the stock and refrain from the player.

Actually like to see some liquidity returning to the market. Expect there are a lot of traders waiting currently as thats just the nature of the beast with such strong momentum recently stock would have a sign post swinging over it.

Still a lot more to come in both directions, and it has become overheated in the last few sessions. Trend has been set and breakout confirmed.

Very good post Karen and thanks for sharing, I don't doubt his expertise and value insight opinion for proven experts such as him. The takeaway for me there are his comments that the proposed fund will be very well received by the big money movers and institutional investors.

I have no doubt that RB and his top echelon team backed by latest AI technology can produce the hardware and set up the fund, but will serious money join??? Nick Slater is clearly in no doubt at all.