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Uggy100 answered on Monday 15:25 - 'Buy the dip ? where is that gonna be then?'
Uggy - No one rings a bell!
If there is anyone out there knows the answer please let UGGY know on this bb! We can all then be a lot wealthier.
I am not a chartist but I think a chartist would call it a 'support level'.
OLEUM
if you are invested you must believe that the SP will rise; otherwise you would have sold?
You cannot always hit the bottom so if you have any spare funds then my advice would be to 'buy the dip' now whilst the noise is quiet. For some (look at the chart for the past year) it will be averaging down.
Be positive - The 'twins' are not fools!
OLEUM
Was this RNS + or -? The information released and contained in those few words is the answer.
The SP says, I don't know!
Let the words do the talking - Do we have we expert on this BB ?
19m are we double counting?
OLEUM.
Apologies for the language: no apologies for the message!
https://www.youtube.com/watch?v=0akBdQa55b4
BUY the dip; BUY the assets; BUY.
The floor is below.
OLEUM
The extract below is from the RNS dated 25 May 2021.
'The equipment will be rigged-up during the first week of operations, after which completion activities, including perforation and well treatment operations, will commence. The well test will follow these operations. Overall, the duration of the West Newton B-1z completion and testing operations is expected to take approximately six weeks. Following this, the testing of the A-2 well will take place.'
Has all this happened?
Six weeks is NEXT Tuesday 6 July.
Have faith - will you wait or buy now?
OLEUM
Hopefully the investor that put £9m into Aviva today will be smiling tomorrow!
OLEUM
Tedoby - Well written obviously by someone with brains, best item I have read on a BB for a long time.
It makes up for all the rubbish I read by others! That is what BBs are for MANY THANKS.
- OLEUM
The market says that RBD is worth £44m (SP 0.615).
Many posters are arguing that RBD's SP should be 2.5p say. That is RBD is worth £180m approximately.
If posters are right why is not the SP rising?
Markets are inefficient but are they that inefficient?
No buyers out there? No one wants a bargain?
No one wants to make money?
Are posters fooling themselves?
OLEUM
Exploration, Black Hopper, Grey Panther, Jack Diamonds and others (apologies if your name is not here). Your postings are what a good BB is all about. Few of us are experts in this field and as with most things in life it is great to read information from someone that knows their subject.
Good information gives one confidence.
Keep up the good work; I can assure you that you are not on my 'filtered list'.
Why don't we all raise the tone of this BB in 2021? Filter the dross, raise the tone!
Let it become the best BB on lse.
OLEUM.
Hi GreyPanther,
What a breath of fresh air it is to have someone with knowledge and experience of the oil industry posting!
Many thanks, I had almost abandoned bb reading. Your comments are always appreciated.
OLEUM
Crudehope.
Apologies to all - stop reading now if you want a comment on SOUND.
KIRK -Sciatica, my commiserations.
I thought that you were an NHS employee so seek out the best at work.
Sciatica - my understanding was that formerly it was believed to be due to a dysfunctional sciatic nerve. Now I believe that the cause is attributed to a displaced lumber disc? You obviously have sought good medical advice and far be it for me; an engineer, not a medical person, to comment further.
All I can do is to give you hope that with the correct treatment you will recover.
Welshpool, memories - I bought my first BMW, a brand new 2002, from Border Garage, Newtown Road, Welshpool for £1,890 in 1972.
With best wishes for a speedy recovery.
OLEUM.