RE: Re : Pink14 Jul 2019 14:53
I have been in here for over two years and seriously under water. I was in Bloe early at around 3p, bought and sold a few times, was in and out again a couple of weeks ago with 30% gain. Have been trading in my sipp between ujo and block and managed to more than 4x my money since about March...ish, (whenever it was that block was still unloved and there were about 5 posters on the bb) Hindsight would have told me to just leave the money in Bloe without trading from 3p and I would have made the same gain but by holding on here for more than 2 years from 10p has been a serious mistake so I wasn't going to do the same again over there. I should/could have traded myself out of zen and have done to some extent but not by enough. Hopefully the next month or two will finally show the potential turn to a reality here. We shall see.
Block.. well, I may miss the next jump up over there, it could happen fairly soon with gas distribution and some oil storage news or the next spud date. Timing is always everything. I appreciated you answering my question over there wrt to the non flowing well. Mine and others comments or questions were in general shot down and we were immediately branded at trolls etc, but I believed that there was no flow, which was proven to be the case. It is a little bit like my current question wrt the hire cost of the rig. It doesn't mention how much the crew, mud engineer, directional driller and any other key crew members or specialists remuneration are likely to be. The quoted figures only mention the equipment hire so far as I can establish. Crew may be included, may not, it is not clear. Anyhow, see what this week unfolds here, I probably won't post much if at all after today.