Member Info for DiveCentre

Any additional work on the AM would be outside the upgrade contract with Bluewater.

The additional tie is not a definite being subject to satisfactory well results so who is going to pay for the work; I doubt it will be Spirit and why should HUR incur additional cost now and delay FOIL?

If Lancaster is successful the company will be in a much better state by 2020 (along with the sp) and quite capable of accommodating the down time for the upgrade.

Close call.
AM has just made a sharp turn to port to avoid a head on with Minerva Vera. MV made a similar turn.

Having been hanging around all day doing nothing she has just received a visit by Undaunted, a small launch (14m). So what was that for?

adoubleuk

I imagine that shorting by institutions will be private transactions with other institutions arranged via the shorters broker. I'm pretty sure that those doing the lending will know about it and they will be charging a fee (rent). I doubt that UK PI's shares are being lent out on any sizable scale. I know that Halifax and Lansdowne Hargreaves do not do it.

In the US PI shorting is common practice, but not here. If anyone knows of a UK brokerage firm that offer shorting (ie not spreadbetting or CFD's then please tell.

If you want to go short then do as Nigwit and take out an account with IG

Declaration:
I hold IG Group shares.

I suspect Bardywillis is an associate

Ricfle

I concur.

I have not reported the post on this board because it will get the whole thread taken down.

yuyus

You might read Casapinos's recent posts: three on 22 October addressed to LuckCounts, Mikjjo and ricfle and his post on 4 October declaring sale and reasons for. I wish I had a crystal ball like his!

The sp is now lower than it was prior to announcement of the Spirit deal and short of some corporate activity I find it hard to see what will push the sp back up to 60p before FOIL. I would like to be wrong and an early hookup might help but all those sweepstake guesses now seem like pie in the sky.

ken10

I'm estimating arrival at Rotterdam on the 18th or 19th, guessing 7 days maximum in Rotterdam and it should then be 3 days to WOS, so hopefully by the 30th November.

Since leaving Suez AM has averaged 8.57 knots, reporting in excess of 9 knots at times.
If this average speed is maintained she should arrive at the bunkering location about 8.00am (UK time) on the 5th, well before the declared ETA of 5.00 on the 6th.

SSX

I am going by the ramp up according to page 10 of the road show presentation, titled base case EPS outlook (there is no equivalent page in the latest Q4 presentation). This shows a start up rate of 9000 progressing to 17000 over the six months from FOIL . If RB was privy to information I doubt he could sell CA's entire holding without alerting the market.

The point of my post was to elicit views on the dissemination of well data information during the six month ramp up and how that might affect the SP.

The Edison analysis has been noted.

ricfle

I think you have made your point.

Personally I do not feel I have any moral obligation to protect others; to quote dspp 12.08.18:
"Don't believe anything you read on a board; make your own decisions; never fall in love with a share."

If it all goes pear shaped I have only myself to blame.

What are the chances of the wells not flowing as planned? Obviously poor flow rates cannot be ignored as a risk but I am banking on the likelihood that HUR have planned for a slow ramp up in the knowledge that there is a high probability of achieving the planned flow rates. I think more important will be the well data and what that is telling them regarding further field development. I assume that this information will be available to potential farm in partners but will HUR also appraise the market and if so how will they present such information?

If they do not then as the 6 month data gathering period approaches its end and the wells have flowed as planned but no one has jumped how will the market interpret this?

She's in the Med

On leaving the canal AM should set a new destination and an ETA
Any guesses on the ETA

Just shown up on Marine Traffic

30 nm to go, should be in the Med by 7.30pm

Timelaspe transit video if your interested

https://www.youtube.com/watch?v=oWUunEvuTOA

Sipp

Do you not read the news

https://uk.reuters.com/article/uk-global-oil/oil-prices-slip-on-rising-supply-trade-tensions-idUKKCN1N4037

It may not be what you want to hear but MGW was saying in his last blog:

"Russia and the Saudis are playing the ‘I can produce more than you can’ game as the former have eked out another few barrels and the latter remaining confident of 11 if not 12m b/d over the winter. What is for sure is that they will both have to turn the taps down big time come 2019 or it will be $50 they are looking at."

Press reports are saying the profits will be used for the Billiton deal.

I think it's more about a message to the Chancellor. The fact that it's in the main press is beneficial. All but the dumbest investor is sure the work out that HUR did the groundwork, and if you decide to invest in this play do you choose HUR or Centrica?

Looks like they are stopping off at Safaga for some refreshment and a bit of sun bathing.

Donscot

Clarification please.

Were you referring to the time in Rotterdam or the total journey time, 18+3 being 3weeks?

Aside

whenever any says welcome I think of this:

https://www.youtube.com/watch?v=hBlB8RAJEEc