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I really feel the bottom has been reached now, my only worry is the softness in oil price. Let's hope the results are mega
Where does the figure of 17 come from for the cost extraction, seems very cheap/efficient for a small site.
When was it going up, oh you mean those 3 days 6 months ago. However I think /hope this share will come good. It's just a small part of my portfolio but the most fun reading the stuff people put on here, unbelievable. This is the sort of share you should be prepared to loose your money on or be massively rewarded. I've lost 10s of thousands on party gaming and northern rock in the past it just told me to be more diverse. So yeah I wish I'd backed Tesla at the same time I put some into this but I didn't. So fingers crossed, good luck everyone
Post something relevant then, other than a wish list for rampers and £1 fish for Christmas and how you're spending money that's not been earned with this share, that is irrelevant.
How about details about the reduction in refinery capacity planned or opecs upgraded demand levels or how BP are changing their strategy for growth and slowing their energy transition process and the opportunity this presents ujo.
The narrative on here boring and irrelevant and you dominate a thread making reasoned argument hidden. No wonder others get grumpy.
Are you serious, all I've had with this share is naff all, meanwhile the supposedly less volatile BP has nearly trebled in price I suppose that's why we have diverse portfolios, luckily.
Basically I'm down 30% on this share and any time I'm on here looking for updates you're talking about TVs or holidays. Well it can't be from the performance of this share.
I'm understand why people add, especially at the moment with the sp it is. However for a company that is not proven I'd rather hold and add to BP or a travel company you know has the ability to come out storming.
Basically Ive lost 75% on paper with this share and I don't see it recovering soon. There's other more proven companies that are bargains out there.
Good advice, this and not being greedy, not throwing good money after bad and having diverse portfolio.
All good points, I'm lucky I've a very mixed portfolio, however; even at this price I wouldn't invest more in the share.
I learnt my lesson from chasing falling shares before on party gaming and northern rock. The adidge of putting good money after bad is a hard learnt lesson.
Good luck with your shares, personally Ill keep my few grand in it and see where it goes as it's only worth a few grand now. And it may return. But there's better bargains in the mainstream out there.
That's what was being said when I bought it at 3.5 times the current value. Unfortunately it's worth what people will pay. Which isn't a lot at this time.
To Heid
"I absolutely love this two comments. They are worthy of an A Level paper question..."
Just because you can't offer reasoned debate you have to put down people.
Unfortunately not, in my view, oil companies, and those that would possibly going to be future investors are decreasingly scarce, especially in this country. As companies CSRs are starting to be questioned and larger funds are demanding that they are delivered. So in my eyes shells decision is a bit of a disaster for us.
You're right, unfortunately there's better "risk shares" out there where you can make good returns, heck there's even the biggest established companies. I never thought I'd make nearly 60 % on the likes of BP and RR . Thank god I've a diverse portfolio.
This is why this share is slowly sinking, people have better places to put money.
Say you do get rid of Heid , it resurrect this share. Just ignore her, I can't understand why it gets so personal on here. We made a rubbish choice of share to invest in. That's all. Just trust your diverse portfolio will work for you.
This is by far my worst performing share, even worse than James fisher! But then this is why you never put all your eggs in one basket. I've lost 80% but made 60% on BP, bizarrely another oil share.
it's not Heids fault it's a rubbish bet, at least someone is making money out of it, we should do our own due diligence and spread our risk.
If however you invested all your wealth into one share then that's your lookout. And was probably made out of greed.
It's obvious Heid is always going to be super positive, paid or unpaid, but that's our lookout.
Heid , if that's all they are going to produce then that's not producing, and the share price reflects that sadly.
You have this thing where you have a go at people on here who just show any sign of frustration with the share price and tear a strip off them. We're all in the same boat, well the investors amongst us.
Yes yes yes yes , you're absolutely right we need oil and gas.
You keep reminding us and I don't think anyone would disagree with you. however; this means nothing when the company is not producing yet. In fact it's rather worrying that given the demand that the share price is still accelerating downwards. And with the dreaded Cop26 around the corner it ain't improving without some positive news. I'll stick with it for the time being. Personally I'm happy with the situation as I only had a relatively small (smaller now) as I kept my portfolio diverse, but this is by far the worst share I have, my best ironically is BP
I'm just waiting for Heid to announce that she's topped up with another £10k
This is very much a gamblers share. I've a feeling I've lost this one. I'm hoping I'm wrong.
What would it accomplish? It's the lack of positive updates that's the problem, other than surging oil prices.
It's a wait and see but no further investments from me for the moment. But I've pretty much written it off at the moment which actually makes it easier to live with.
Quick get it changed before anyone notices
Thanks for that and keeping things planted, I'm having trouble staying positive after 2 years of investment.
I need Heid to tell us something like we're all going to have a wonderful autumn because .......