Member Info for Bigbadbaz

I believe that I read somewhere recently that they can make money at $60/barrel

Well,by the time the next ex divi date comes around the fog of uncertainty will be lifted,As long as they keep the divi going through 2016 as promised (well kinda promised) we should be coming out the other side,

Need/Want and price all have to be considered.The board have had 6 months to see the future shape up.If it remains a good un then go for it.We have already dumped a few billion dollars,So 700 mill +-quid is not a disaster.It's too big a deal to screw up because of vanity,I came aboard due to the fact that the divi had not been cut for 70 years.That is a helluva track record,Cest la vie,I am 3 years divi down already, I hope they get it right, Baz

http://www.oil-price.net/

The App that shows me the crude price shows the same price for the last 2 days as being the same with yesterdays' being down 3.5% therefore not very accurate, I think I will bin it.

Brent crude at 9pm 48.72 - 1.74 - 3.5% That was yesterdays price and was not 3,5% either