Member Info for Bugsy911

63p is some drop again and matters little to me as I wont be selling anytime soon and will continue to add as I have done over the many years of holding here.

The next spike (which will come) should finally see me in profit which will be some relief after all this time.

Deal makes little odds the straits are still under blockade and oil reserves on record lows.

Oil price is all over the place with Trunp trying to suppress it however stability in the region is what we need and to be producing again which will quickly see us over £2 again.

Load up again - nice prices to tuck away for a few years.

Hopefully backup then tomorrow? Its blatantly being manipulated.

So Iran says no deal imminent yet oil drops further....how does that work ?

Nothings changed just Trump manipulating the market again , reality is the oil markets in serious trouble and the price will rise regardless of any ceasefire.

Nothing for me either as yet.

Should production not now restart and are price going backup instead of down ?

Lovely entry point for dividends in a couple of weeks time.

I will be buying Monday let the accumulation continue...open makes no odds to the shipping which is weeks away from any sailings and delivery.

I wonder what price we will get to invest our dividends at as no doubt they won't let us in this low.

It went to 65p in a far worse position and almost bankrupt...the market moves it as it wants , I'm loading up at these levels with no plan on selling anytime soon.

This is also on the basis production numbers haven't increased which they should with the new wells drilled.

The price hasn't moved with the increase in oil which is very odd.

Blatantly corrupt.

Yep its so obvious.

So now we should be gping back up yeh as the regions stabilised?

A few stood losses taken out on that drop for sure.

Now is the time to be loading up, not selling. I have no intention of leaving until the proper value is realized. We’ve endured a constant stream of events designed to devalue this position which is exactly what happens when billions are at stake. I still firmly believe we will prevail and more than happy to wait this out and see the journey through to the very end. Good luck in this market where you choose to park your money as every investment comes with risk.

No impact at all its not like we're producing right now and still owed millions from before.

We also wont restart unless payments guaranteed so business as usual till paid.

Fill your boots at these levels , our sp hasn't reflected the refinancing let alone the current oil price....

As long as our production figures from the new wells are good this will make a sudden jump to the mid 20s don't get caught out.

Trot along been here 15 years and going nowhere.