Member Info for DrPatience

Happy,

Ref "We may well get our Rosneft stake back next year once Trump is in and out accumulated dividends of more than $1bn. Nothing is priced in."

Do you know what the legal status is?

I found the whole thing ridiculous; high horse moral sanctions costing private companies huge amounts of money (no compensation), windfall taxes on top of that, yet still plenty of trade with Russia including natural gas. Half baked sanction attempts to suit political story telling!!

Would be happy to get our stake back!!

For the first time in many many years, I actually think £3 is a real prospect! Possibley even by the end of the year; it seems there is good momentum!!

Apart from the car loan claims (which are not huge in the in the bigger scheme for Barc), they have - fingers crossed - somehow managed to stay out of the usual scandals for a while and the business seems to be making decent progress on most fronts.

Interesting stuff Davey50!

I guess all MMs do this, but hardly in the companies' best interest!!

Ok thanks Davey50!

Davey50, thanks, out of interest where do you have L2 access, through this platform?

I have not considered this before, I normally do few trades over long periods of time. Sometimes hold for years, rightly or wrongly😀

Davey50, would you mind elaborating? How do see/determine that a MM is manipulating the price down and also why would they? Typically they just make their money on the spread, as I understand it.

Not a trick question😀 genuinely trying to educate myself.

Ta!

I agree, Aviva should continue to do well, but I guess the sp has suffered with the risk of higher interest for longer (making the divs less attractive vs cash) and people thinking about the LDI schemes (2 years ago after the Truss budget fiasco, pension companies faced “margin calls” as the value of the bonds they had pledged as part of collateral collapsed - interest up, values down). Not sure if the latter is still an issue, but just wondering.

It's a non issue for a multi billion co, even if true (it's strongly disputed). Just noise.

Spot on getafgrip!! Shell shines!!

Apols Meoryou missed the first part of the and cannot delete/edit...now I understand why you post old stuff 😀

Meoryou: very old article- 2021!?

Scotpak: don't worry about it. I have David85 on filter, I can only assume he went overboard, again. He is bitter man. Never really sure if he lost money already (sold) or sitting on paper losses. I am really not sure why he is making comments, if he hates the sector and Delt so much. He might be a deramper, who knows. Some people have suggested he is Noel (Shempsky, I think) under a new name. Noel was ousted a while back for being totally disruptive. There is a filter tab above! Easy!

I would assume the JV will raise project finance, but depends on what is in the JV agreement, I guess!

If Delt had to pay a 25% share of the actual costs, that would clearly not be feasible. Same for Shell and Dana, they are not going to put all cash in for the infrastructure. Other parties may be interested to buy Deltic's share, but will probably need to be approved by Shell and Dana. TBC. The reality is we don't have the full picture.

Lack of trust Djm. Losing Pensacola was a big blow.

It needs something concrete now to turn things around.

Most people don't believe Delt will be able to monetise.

I do think the mcap is overly pessimistic, but who knows.

Scotpak: re brokers ratings, I am not sure if/how they would have considered the cost side appropriately. Not sure how they can until all analysis work has been completed + investment case done.

Seems on the low side, but TBC.

Spike, yes smaller, but better quality (less costs). Overall it may not shift financials or at least I doubt anybody here can tell. The main thing is that it is definitely not a duster. Still risks here, and business case to be finalised&agreed, but today we are in a much better spot.

I think if you want to sell at yesterday's price, you will have no issue selling at open😀

Indeed, yawn yawn

Gordon, I am equally keen to see (good) results. At the moment, the longer they are on site, the better (so fingers crossed not a duster). However, don't forget Shell is in no rush tom communicate and they run the show. It could easily be days or weeks before we have the actual results/analysis work published. Just my take, but any guess is probably equally good! TBC.

The volumes here are tiny; this is small trader volumes, not really sure it means anything.

It seems...

Has to be good to finally know what we are dealing with.

No new taxes, so pop pop pop! Well just back to where we came from, hopefully. CGT a no issue for most (4% extra for high earners), except low earners, which is pretty grotesque!!