Member Info for bonker99

A slightly lower low printed than the prior 31.9p lift-off point back in the day so a nice descending wedge floor here perhaps.

Could be back at 75p within six months.

Brent hasn't put more than three red weeks together since March 2020 - this is week #2.

People need to wake up and smell the coffee - the main instrument they have to fight off deflation is to pump the living daylights out of the oil price - $108 incoming IMO.

FEDERAL RESERVE'S LAEL ("YCC") BRAINARD AND JAY POWELL SPOTTED AT WHITE HOUSE ON THURSDAY -SOURCE

What did I tell ya some months back? ;)

Bring on the YCC ...

Afternoon.

The 10-year <1.5% and Gold loving it of course :)

Get used to this - it's how it's going to be for the next 3-5 years IMO.

Yup.

0.40p might work but I'd much rather have 0.30p in december.

It doesn't quite work that way but it's a big pivot on all sorts of technicals - it's up to the money guys what they do from here.

Also - allowed to go sub £100m mcap / 32.5p or not, simple as.

All good here mate thanks, you?

Huge pivot here ...

If you're going for it then go now IMO :)

Understood - pivots from here are 42-44p / 20p

I'm sure you're right mate but it's sat on the 14x back to the very top so that's good enough for me - £100m mcap at 32.50p to boot - some may need to defend that.

Just a trade, I wouldn't marry it.

Actually, this looks terrific around this price IMO ...

Actually, PURP looks terrific IMO.

Morning.

Quite the oversell here - interesting.

PURP interesting.

The -20k is the cancellation of the earlier 20k buy and replacing it with a 100k buy at a slightly higher price - look at the timestamps.

No idea on the sign-off of the first debt drawdown - they've held back the updated Dugbe/Tuzon MRE news which was due a month ago so they can drop the "bad news" re the Yanfolila Q3 production update first to send her back to mid-teens again so doubtless they'll drag this out for as long as they can - i.e. until all their buyers have bought their shares.

Sure, go ahead and make that buy 100k instead of 20k ;)

Nice bounce on oil :)

It's all just the usual theatre - Brent is going to $108, if not $200 eventually.

Must...have...inflation...

JMMC supports no change to Opec policy-sources

"If oil consuming countries want more oil, Riyadh has its own demands too. Above all, it’s the political rehabilitation in Washington of Crown Prince Mohammed bin Salman." - Javier Blas