Member Info for Dr_Kaboom

"not because I know anything about the business , but because it is a very undervalued share"

Pure BS, contradicting yourself

Stu is a very dangerous poster. The dumb ones are bound to lose money listening to him.

"If the write down is 50% the share price will rise."

Keep saying that to yourself.

I understand the lack of commitment wells saves them money in the short term but surely, the reserves downgrade is a hefty price to pay for it. People are just fooling themselves with this concept, just to reassure themselves that all is not lost yet.

You may as well flush your money down the drain.

That was your interpretation, fool. FPSO sinking and share price will nosedive again.

Water coming on board. Sinking soon?

Game over soon? Goes lower everytime that you think it won't go lower.

All aboard the lifeboat? Hurry up before it get too late. Price will keep going down.

Althougt it fit's Stu's personality. Tread carefully.

If that 5km is not in the public domain, then we have an insider posting on this board. Very serious implications and email sent to IR.

Ask yourself why he has suddenly started posting. You guys are being played.

Board is mentally preparing the shareholders for what could be the mother of all downgrades. Nothing positive to look forward to in the short term.

More terrible news. Shallow water and FPSO repairs. Production zero during shutdown and more expenses with repairs. Company is f**ked.

Wider market correction also incoming. Can see lower lows. Well producing more water than oil.

So, 7z producing more water than oil. This is f**ked. Back to daily reds until next update in September.

Dark forces have taken control and are not letting the share price move up.

Keep dreaming while share price keeps moving down.

Guys, take your money and run. This is going only one way and that is DOWN. Useless a management and debt a massive problem.

Are we doomed?