Member Info for Dabbler1

Very positive statement. Looking good for tomorrow.

On London Stock Exchange site. Confirming RIO interest?

Looks good. Positive updates keep coming, hopefully the share price responds this time.

These have certainly been a disappointment as you predicted. I have to take a slight issue with you as you have taken some points out of context, for instance I didn’t predict £3. I just thought it was likely IF oil got to $80. But well done. You went against the grain ( which isn’t always easy) and have been vindicated to a large extent.

And I’ll be up.

And hopefully beyond then. Agree with comments below. Good solid progress. No slip ups as taking it steady.

Getting exciting.

Movement TODAY.

I don’t currently have level 2 but, if the 400,000 is on the bid it means someone is willing to pay that amount (10.7 today more than 10.5 yesterday) so that is positive. Yesterday there were loads of small sells but the bid ended higher than it started, another positive sign. It is possible a late publication but will show up confirming behind the scenes buying.

Not earth shattering but must be positive. Reckon this will move up nicely this month.

Behind the scenes buying going on here.

I’m not disappointed with the hedging strategy. Taking out those contracts would have made sense at the time. There is plenty of scope for us to take out more generous contracts especially for next year. You can see by the way our share price tracks the oil price how much we sell on the spot market ( maybe 30,000 barrels per day). That should show up in the next trading statement in a good increase in the average price we achieve per barrel.

Agree that paying debt should be the priority. However will be happy to bank the approx 7p annual dividend for now.

Didn’t see that fall coming today. Hopefully it will be reversed off the back of a positive update at 7.00 am.

Hi Trent. Another beautiful day.

Should be a good year for the beer trade. Early summer weather and rugby World Cup to bookend it.

And intend to invest over the weekend! Win win.

As far as I can see there hasn’t been a sell off there. .58 equates to about 43.9 p if I’m not mistaken so looking good for a rise up to the close.

It is a bit strange maverick, almost as if the stock market doesn’t believe the price of oil is what it is. Also oil is an unfashionable sector so I think that’s having an effect. My belief is that there will be plenty of demand for oil yet though and still profits to be had even for those that haven’t bought in quite yet!

Yep, the worst case scenario almost priced in. Will take longer than brexit to come to a final conclusion, not one to put your life savings on but seeing as the case could collapse or RB. could (at the very least) be equally liable, there may well be considerable upside short and long term from this level.