Member Info for Elllltelinv

Best not to imagine on something important as this.

News this week surely. Sidara approach could come tomorrow.

Big-

That’s the reason for the drop.

Transformational week - change a coming

Value -

Agree.

Sp is the highest since early Nov crash. The drops(recent) likely to be stop los triggers.

The biggest indicator of a leak is Friday pm that saw the quarterly peak reached.

Based on this news is probable this coming week and it could be tomorrow.

If not tomorrow then sp could rise strongly into news.

Folk might get a cheap entry but not likely to be lower than now.

Good luck all and let’s hope Sidara return - embargo lifts this week. Could be three news items this week and if all positive then target of over £2.30 probable.

LCP -

Good point but compared to last Friday almost back to scratch.

I was thinking that the rise since Wednesday anticipated an RNS after hours or Monday.

There have again been big exchanges of shares this week as we approach the 3months since the RNS that caused the sell off.

12weeks ought to be enough time and the TU is due.

Industry now more positive as to its future.

WG - contracts in Rosebank and jackdaw.

Rosebank and Jackdaw ruling

Outlining the judgement on Thursday, Lord Ericht said the decision to grant consent was unlawful and ruled the operators will have to resubmit EIAs for the project.

The judge suspended the ruling pending the energy secretary’s re-consideration of the matter, which he said would give Equinor, Ithaca Energy and Shell “options” on how to proceed in the interim.

However, he said no oil or gas should be extracted before a new decision on consent is made.

In the published opinion, Lord Ericht said there was a public interest in having the project approvals “remade on a lawful basis” because of the effects of climate change.

“The effect of the burning of fossil fuels on climate change and the lives of individual persons is now well recognised in law,” he added.

The judgement stated: : “Having considered all the circumstances of the case and the various public and private interests, I have reached the conclusion that the balance lies in favour of granting reduction.

“The public interest in authorities acting lawfully and the private interest of members of the public in climate change outweigh the private interest of the developers.

“The factors advanced by Shell, Equinor and Ithaca in respect of their private interest do not justify the departure on equitable grounds from the normal remedy of reduction of an unlawful decision.

I have a good position here and have faith that after all this uncertainty the share price will climb either steadily or rapidly.

Takeover target remains.

Good report.

And then there was one short left.

Some big buys amongst the suppression today.

Expect a rebound tomorrow. Last short will be squeezed unless further suppression - short term.

Ducks aligning.

1.8p higher than 17th.

Shorts have reduced but remaining shorts/mm suppressing rise.

Within day high of 71.5p

Oil price at a high

ME conflict ceasefire.

SP selling “intra week” restricted to 67.5p.

Have a good weekend

In time it will go up organically but commodity prices will deflate so in the comings days and weeks.

Sadly, I think we will retrace to 108p

Shorts closing.

Can see this closing today around 72p plus

Chewy

The simple truth is that AZ is a crook and like RTOP he will get away with it here.

We have all been had.

This is a harsh lesson in trust.

Let’s believe in karma and AZ is duly rewarded for how he has lied and cheated us outbid hard earned money.

News is very close now - could be super Friday.

Big sell after finish or was it a buy -

Short squeeze light.

We will see soon.

None.

Share price will rise based on the sentiment.

No hope for the remaining shorts. The shorts caused the suppression and drops due to selling pressure.

The exit strategy was clever but the effect will be realised today. With a correction upwards.

Results and report due and Qube exited before, ask yourself why.

Happy days new poster, Sanja

Value-

Hope you are back in having done that trade .

This is an example of what can suddenly happen and then the whole game changes.

Anyway I hope you got back in.

Completely gone.

Noticed both sells to drive down purchase price. Seems to be done over several days.

Looks like accumulated purchases actioned today.

Remaining shorts will be crapping themselves.

Happy Thursday by the looks of things. News.

Ice was right.

Big -

A little reduction in short position, lest a panic and then short squeeze.

Last thing the shorts want is panic buying to close positions.

I am sure the trend will continue and when the reductions get bigger indicative of a leak.

FY results coming.

Value, it reached 75 then retraced.

Since 46 is has steadily climbed with episode of retracing yes but always higher in time.

Thee was a time when we were stuck at 50, 58 61, 64 68.

Many examples.

But your strategy is different - you are a trader.

Value -

Each to their own.

My strategy has been to stay for £1.4 plus ever since my entry at 46 50.

In my view it won’t retrace but continue up

Andy,

That’s what I believe pretty much the same rationale.

In the months since the drop the sp has recovered over 50%.

It is slowly climbing as investors buy in with the usual perturbations like today.

This will get to the 80s so the retrace is fleeting.