Member Info for BlueGlow

Hi sectorbreakdown,

The Chagos "deal" is an absolute disgrace.

No sane Chagossian presently residing in the UK would want to be under the rule of Mauritius. Their Gov are corrupt and responsible for a plethora of human rights abuses.

"Significant human rights issues included credible reports of: cruel, inhuman, and degrading treatment by the government; arbitrary arrest; arbitrary or unlawful interference with privacy; serious restrictions on free expression and media, including censorship; serious government corruption; lack of investigation of and accountability for gender-based violence; and crimes involving violence or threats of violence targeting members of racial or ethnic minority groups.

The government did not always take steps to prosecute and punish officials who committed abuses or engaged in corruption, whether in the security services or elsewhere in the government. Enforcement of prosecution and punishment was inconsistent and sometimes politically influenced, resulting in impunity."

Furthermore, the islands are home to one of the last remaining areas considered a true marine wilderness in the world. A status preserved thanks entirely to British control of the area. It's like the Amazon jungle on steroids, the abundance of marine wildlife acts as feeder stock for the surrounding ocean, and is home to many critically endangered species.

It is strategically unparalleled in importance as a military base, some officials in the States have termed it the most important strip of land on the earth.

Mauritius are presently developing closer ties with both China and Iran.

Hi sectorbreakdown,

Have already concluded that Starmer is a deeply duplicitous man. So at this stage shady deals are just par for the course.

Not the sort of throw away BS you get from Trump, but calculated deception, designed to absolve them of responsibility for their ideological attacks on society as somehow moral or virtuous.

Re energy strategy. If they do not recognise that the ludicrously high industrial electricity prices are sure to continue to erode the UK's ability to compete, undermine growth, and impoverish the population, then they are fools.

Fact is they know this only too well, yet continue to lie to the public, claiming lower bills and energy security are just around the corner.

They are just a bunch of extreme ideologues, prepared to say anything to further their agenda imo.

Tro,

In terms of support, its dropped below the trend and short term support, haven't tried drawing any lines yet though, lol.

Obv traders going to target a gap close up to 5.4 ish, so 20% or so.

They sometimes drop a second RNS in close succession, next day or so, to help clear the overhang. News is due on their Trinidad asset.

The rampers on the BB are world-class, but they are running out of ammo.

Tro,

Like you say it has a big fan club, so the placings are usually good buying opportunities.

However, with the risk of the upcoming drill shortly - 12% CoS, its boom or bust.

Think they want to drill late Feb, but would have to check - 12 day drill i think.

Target is multi Tcf of gas onshore. They are close to major pipeline for Gas to Power

12% CoS is independently assessed via ITR - with Scorpion Geoscience. Management reckon is more like 50% CoS - but hanen't provided any data to support thier claim.

Placing has been partially forward sold imo. There isn't a lot of time for it to bounce ahead of the drill though.

Severe - not "sever"

Tro,

PRD, if this drill fails, they are up the creek.

Four other wells, either incomplete, or requiring remedial work for sever formation damage.

Nothing tested to validate gas, despite raising on multiple occasions specifically to test.

On the face of it, it's not a good stock - but knowing it as i do, ive been able to load up with almost zero risk on several occasions and made a ton.

I guess sometimes knowing a stock is more important than it being any good, lol.

Tro,

Agree re AXL.

Every drill there is a success. They have historically had major issue with warrants though.

Hey Tro,

Yeah, Its been one of the most successful stocks for me - but only through dodging the placings.

Have held off trading more than a token amount as its been mostly buying for a couple of weeks yet SP consistently down - warning signs there.

The drill is a 12% GCoS - that is gas to surface, not even in commercial quantity, so like i say, just punt money.

The BB is akin to a cult, lol.

Tro,

PRD, lols.

Lucky i only bought a few eh!

Tro,

GSCU? Any thoughts.

Tro, lols.

Im prob going to hold for the drill.

Got in under 5.5. Support at 5.5 and secondary support at 5.25, spreads tight so dont expect to get trapped short term.

Ok Tro,

I bought a few.

:)

Hey Tro,

The EU is quite sensible in protecting its key industries and food security imo.

Obvs US likewise wants to protect or advance its own interests.

Negotiate, and reach agreement.

Hey Tro,

Tariffs broadly similar, but cars and agricultural products incur much higher tariffs into the EU.

Agricultural goods 4.7% vs 13.7% for US exports into the EU.

US tariffs on cars from the EU 2.5%, US into EU is 10%.

Hey Tro,

The EU imposes a 10% tariff on US cars.

Https://www.atlanticcouncil.org/blogs/new-atlanticist/us-intervention-against-mexican-cartels-carries-major-risks-heres-how-to-mitigate-them/

Hey kenny,

Saw that video too.

"Mr Trudeau said: “I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan - reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly 10,000 frontline personnel are and will be working on protecting the border.

“In addition, Canada is making new commitments to appoint a Fentanyl Czar, we will list cartels as terrorists, ensure 24/7 eyes on the border, launch a Canada-US Joint Strike Force to combat organized crime, fentanyl and money laundering. I have also signed a new intelligence directive on organized crime and fentanyl and we will be backing it with $200 million."

Trump has ordered the immediate pause of tariffs on Mexico, after Mexico agreed to reinforce the northern border with 10,000 members of the National Guard to prevent drug trafficking into the United States.

Hi INtheGO,

Those quotes relate to the MOU4 drilling update.

Dont fret about being right or wrong. Its been a while since the drill.