RE: “London’s Oil Party Week Is Back With Talk of a Coming Rally”28 Feb 2023 09:21
Half of today's messages are from trout...he's sounding very desperate....and who really cares what he writes anyway ? Waste of life if you ask me...lol
Bingo Highlights - 22 metres of net oil pay interpreted in the primary reservoir target - Following completion and testing, ASH-8 is expected to be immediately brought onstream through the existing ASH facilities
RE: “London’s Oil Party Week Is Back With Talk of a Coming Rally”28 Feb 2023 07:38
Windfall Tax: Over 90% of North Sea producers have cut spending "When you read about companies not investing, those are real people that are losing their jobs, that is hundreds of jobs being lost," said OEUK chief David Whitehouse
RE: Nice Sudden Rally Here In Brent Prices Today Now To Over USD $86+10 Feb 2023 12:52
Good point...more than 50% of the oil hedges coming off soon. I've just checked the presentation. That's going to make a massive difference....and next year the gas hedges dramatically reduce.
Jamaica multi billion $ potential. People saying it will never happen. Well guess what, the BOD have just landed in the US to hold multiple meetings from serious parties....and offers must be made within a 2 month deadline. Sounds promising to me :)
HBR is a bargain, its PE ratio is under 3. Its generating huge amounts of cash, paying its debt down fast, share buybacks, dividend payments and so on….sooner or later the cream will rise to the top :)