Member Info for dai2belts

"Regulation: The situation in the UK and Europe regarding taxes is bleak. There is more legal certainty in any West African energy-producing country than in Europe."

Broker note/upgrade
https://moram.eu/kistosplc/

Thats rest of Morocco, not the others points...

I think only Morocco's site B Trial is likely to be completed by end of year,, rest next year

So much...
Just discover NOPEC
3 minutes in, top of page video, it appears a few weeks old, but the NOPEC bit is still relevant
https://www.aljazeera.com/news/2022/12/2/eu-agrees-to-60-russian-oil-price-cap

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Thats until Tro started relating stock prices, Dollar and commodities..I never paid attention to the relationships,

Got to work on the bottoms, these know all about bottoms
https://www.youtube.com/watch?v=2IjKN0tDNTk

I would'nt even attempt gas, thats really volatile, sizable changes in the day..
but sometimes there is a trend forming, caused by events like Ukraine, until Tro started relating commodities stock prices, Dollar and commodities..
So you can go short by selling a stock and waiting to buy back which I think might be happening with Jadestone..
Kistos seems to be tracking ICE Dutch TFF Futures, just luck I bought that, so check the gas price everyday now, should check the news too.. Also if everybody goes EV over night ditching oil, then basically many of the cars will be charged from gas produced electrity , the remaining nuclear, and renewables.. Ireland still plans building new gas powered stations.. its a little ironic

And then there are the ETFs, dont know much about them, but if a sector looks to be in a long term downtrend, there are ETFs going short.. I think you buy and sell them like shares. Once something has peaked, and your sure its peaked its got to come down..
The dollar will come down with inflation, and if the US decides it wants to boost the economy by increasing exports then they will weaken the dollar to encourage others to buy American..

All easier said than done, maybe in a few years I can advance to that stage..
Just need to see if there is a dollar ETF, both long and short, I can wait,, if it takes a year to gain 30%, thats a life times interest in the bank, will beat any Indexed linked High street ISA annual return, or retirement fund

The dollar is probably why sometimes the ftse100 and other Ftse indexes move differently, the ftse100 having Dollar related stocks

That guy has balls of nickel
Hope he wins, and so do all the banks..
Not to the scale, but BEN listed at 10p. passed 100p before tumbling, story there of an HNI running a margin type account,

Next thing I see coming along, is febs ban on Russian Diesel, apparently a 42 Gallon oil barrel, is used to produce roughly 12 gallons.. Not sure if thats a limit or just the way its split. Apparently the EU rely on Russia for about 50% of their supply.
So if roughly 12 gallons is the limit, there will be a lot of extra barrels needed to meet Europes demand..

I had a quick read about the Net Cash, and cash balance, Kistos,
The 126m cash balance vs Net Cash 6m, well I think the other 120m is tied up to liabilities..
So Jades net cash sets the two apart, and another read confirms " Jadestone remains debt free. "

So its at a bottom, where its been for a while,..
Do you thing the buy back scheme is supporting the price ????
Oil is going down slowly, so need to check their cost per barrel.., $26-28/barrel
Realised oil price per barrel of oil equivalent (US$/boe)1
2022 H1 109.52
2021 H1 67.70
2021 FY 74.34
Got our OIl tracker, soild company with dividend growing asset base
https://invst.ly/zql3w
Whats the predictions on oil, Feb diesel ban, China opening up?????
Mr Currie?

Trouble with accounts they speak funny so could have read up on the wrong cash balance and wrong net cash ;(
Done similar before, not sure if it was me, or the author,

Lol, I am chilled..
BigPlan is an accountant, was very helpful if you had a question, and I have many, so hoping he is still around but looks like he has not posted for a while..
Sdg1970, will make a good wing man on this next phase, not a fool to the rampings ...unlike myself, and you of course ;)
Unless your a plant lol

nickel, nickel briefly topped the $100,000 in march wow...x4...
Happens again need to look at Nickel ETFs going short...too volatile for me..
But there are many long\short etf listed on my trading platform, need to check the costs..

Nickel futures eased to around $25,000 per tonne after LME stepped up market surveillance activity in response to a rally that saw the commodity surge by 40% to a six-month high of around $30,000 in just two weeks. Sharp price swings revived concerns about a liquidity crisis in one of the most crucial industrial commodities. In early March, nickel briefly topped the $100,000 mark amid a vicious short squeeze as China's Tsingshan Holding Group bought large amounts to hedge its short bets. Meanwhile

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Tom, I think all that is sorted, Its all about funding now,
"It is the intention of TomCo that any funding package provided to Greenfield would enable the construction of two oil sands separation plants capable of processing at least 6,000 tonnes per day of oil sands, along with at least 14 in-situ oil recovery wells. "
The rest of the RNS is confusing, I have had some explanations from the BB, I need to compare....
And decide on holding, buying more or taking a hit
Qfi holding what I have, The price clipped 3p just on MSC & QFI presenting together at shipping conferences..
Ship is bought for the Trials, its just waiting now, and for the volumes to light up on cnbc..
Well Unless the EU come up with more green regulations that scupper the trial, that reminds me I need to look at that article on the carbon taxes they are bringing in on shipping oil/fuel.. EU will end up the most expensive region for ships to operate, adding to EU inflation, and taking away cash that could be used to modernize fleets earlier...

Definitely a relation to the Dollar, I have read many explanations, over simplified too, so one sided..confusing
Dollar up, commodities down, but its not that simple...
Commodities eventually come down so those non $ currencies can buy the same amount of grain, maintaining demand I guess...
Not sure at what point that happens, and I doubt its that simple

Your educating me well on these relationships....
I bought Kistos, only 255 shares, initially thought whoops after, was going to to sell, holding now for £5
Winters coming, so gas demand will be up, then after winter all those reserves will need replacing..
Zak gave a target of £5.77, lol, Then other brokers a lot higher....
Come summer/autumn it may well drop, along with gas prices and rise again, so I must sell and not hold..
Maybe hold past the peak and sell on the down trend as apposed to selling early, and watching it head towards the higher broker quotes...,.

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Premium priced product. not sure how project appeared the J is nowhere Near the D..
I must be mad, I guess

Time to run firework display soon, gotta get the dog out of town..
https://www.youtube.com/watch?v=eUJ_ifjKopM

@Tro, also with oil the API, too thick and stuff wont come out..
Tomco mine the thick stuff, its a premium priced project...

just followed you onto RMM, which got me to check out the copper prices, where I accidentally graphed an ETF, when comparing different copper futures.... Lucky too

Looks like ETFs allow you to play commodity up and downtrends.
Just looked at my account, and I can trade WisdomTree long and short commodity ETFs

https://invst.ly/zqig9
https://tvc-invdn-com.investing.com/data/tvc_156325396322358248fa30d723ae9821.png

I wonder if BigPlan will be back, I am looking for an accountant, that can talk my level, idiots guide level :)

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Good post on PANR...
Think he means permeability though, suggests better flow rates, less stimulation needed..
If they dont managed to clean up that well, then another drill for the calendar, and maybe a cheap entry point on any sell off..
Lets hope it goes to plan though , and it benefits 88e during the build up to spud, better outcome for all..
https://www.lse.co.uk/ShareChat.asp?ShareTicker=PANR&share=Pantheon-Res&thread=8EBD5EA9-B8F0-42D3-8AFE-05ABD1523F5C

Might be right there as end of year accounts are not due until March.....

Not heard from Sdg1970 in a while, he is on the ball when it comes to reading the situation,,, saved me on Tai-1, should have followed him this time too, taken a small loss, allowing me to buy back almost half the price. so same holding and dry powder ready..

Screwed up there, try again,,,,,

@RD, not sure you still watching, but these trades look to be from a commission free platform,,
These are all at the same time, accepting displayed bid, and paying full ask, 22% difference
On a £1000, thats £220 your down automatically, especially if you changed your mind and wanted to sell

02-Dec-22 16:35:00 0.55 66,000 Buy* 0.45 0.55 363.00 O
02-Dec-22 16:35:00 0.55 569 Buy* 0.45 0.55 3.13 O
02-Dec-22 16:35:00 0.55 150,000 Buy* 0.45 0.55 825.00 O
02-Dec-22 16:35:00 0.55 1,050 Buy* 0.45 0.55 5.78 O
02-Dec-22 16:35:00 0.55 65,454 Buy* 0.45 0.55 360.00 O
02-Dec-22 16:35:00 0.55 4,000 Buy* 0.45 0.55 22.00 O
02-Dec-22 16:35:00 0.55 1,820 Buy* 0.45 0.55 10.01 O
02-Dec-22 16:35:00 0.45 525 Sell* 0.45 0.55 2.36 O
02-Dec-22 16:35:00 0.45 1,000 Sell* 0.45 0.55 4.50 O
02-Dec-22 16:35:00 0.45 8,859 Sell* 0.45 0.55 39.87

Take a look at the best bid, and sell prices offered on the day, really adds up over time,
I never managed to get the low Ask, though,
you need to watch like a hawk, worth doing if your buy a large amount
02-Dec-22 16:10:24 0.4908 250,000 Sell* 0.45 0.55 1,227
02-Dec-22 08:02:38 0.5042 200,000 Buy* 0.45 0.55 1,008
https://www.lse.co.uk/ShareTrades.asp?shareprice=88E&share=88-Energy

@RD, not sure you still watching, but these trades look to be from a commission free platform,,
These are all at the same time, accepting displayed bid, and paying full ask, 22% difference
On a £1000, thats £220 your down automatically, especially if you changed your mind and wanted to sell

02-Dec-22 16:35:00 0.55 66,000 Buy* 0.45 0.55 363.00 O
02-Dec-22 16:35:00 0.55 569 Buy* 0.45 0.55 3.13 O
02-Dec-22 16:35:00 0.55 150,000 Buy* 0.45 0.55 825.00 O
02-Dec-22 16:35:00 0.55 1,050 Buy* 0.45 0.55 5.78 O
02-Dec-22 16:35:00 0.55 65,454 Buy* 0.45 0.55 360.00 O
02-Dec-22 16:35:00 0.55 4,000 Buy* 0.45 0.55 22.00 O
02-Dec-22 16:35:00 0.55 1,820 Buy* 0.45 0.55 10.01

Take a look at the best bid, and sell prices offered on the day, really adds up over time,
I never managed to get the low Ask, though,
you need to watch like a hawk, worth doing if your buy a large amount
02-Dec-22 16:10:24 0.4908 250,000 Sell* 0.45 0.55 1,227
02-Dec-22 08:02:38 0.5042 200,000 Buy* 0.45 0.55 1,008
https://www.lse.co.uk/ShareTrades.asp?shareprice=88E&share=88-Energy

lol, just a few more people, than shares in issue here
I wonder if any of the LTH have a position the size of Darwen,
fingers crossed, they will get a New York sized reward in 2023..

@lattore, I bet void likes this theme tune
https://www.youtube.com/watch?v=6ifS2nP53Zs&t=40s