Member Info for Fastfood

What’s the odds of More Shares being knocked out just before the Divi announcement ? 140m to be Issued ??

I was horrified to learn that Wind Turbine Blades go to landfill after 15/20 years. No recycling of Materials.

Forgive me. I was out and about today. Wind Turbines not turning - Light Breeze. One Blade has actually fallen off one - Disintegrated apparently in recent High winds. How much they cost to manufacture to generate what percent of the time ?
Electric Cars. Takes 12hr to Charge for 250 miles. What’s the National Grid going to do when everyone Plugs in at 8pm ? People live in Flats - What are they going to do ? Not everyone has a Driveway. You want AC on ? Fast Charging ? In under 15 mins ? It only takes 10% more Traffic than normal and you get Long ques.
That’s some Infrastructure.
When it’s HT in the Football the Grid panics !! And that’s just the Kettle switch.
Exactly what are we going to do with all the Batteries ? Stick them in landfill along with the Wind Turbine Blades after Sell by Date ?

I Agree GGG / You cannot Trust that they won’t complete an Acquisition at the expense of PI in order to Fulfill 15000 boepd to release more Free Shares. Set the Free Shares at 20p and it’s a different matter. They have Diluted from Day 1 of Listing by 95% I worked out previous. Hraham has Diluted himself to Oblivion.
That tells me 2 things. His Shareholding was there as a front and he was always going to Dilute himself to Stay in Control of the Game. Or 2 / He has lots of cash to burn and believes he can redeliver a fair Percentage of that Diluted Value to himself and begin to Profit along with his Salary along the way.

GGG. Rockrose were constantly communicating their intention to deliver Value to Shareholders. BOD also aligned to Shareholders. I3 are far away from this. I3 wand the PI to be blind. Rockrose were clear and left their Shareholders in little or no doubt that it was all about the Shareholder.

It was 8p a few wk ago, so how could anyone get away with 6p ?

Tony. Every chance of Autumn drill as Fish have stopped spawning then. This is why Summer is to be avoided. It’s on Tain Environment Survey.

In AUG / SEP FF predicts Oil at Top End of Guidance $72. See you all then.

FF Guidance next 2yr $64-$72. Haven’t seen those sub $55, have you Kane ?

Great idea by Wood-McKenzie giving Oil Doomsday scenario, when it’s been the single most Important Reason behind the increase in Living Standards of the last Century and in particular since the 1950’s - And also I wish to Add it’s about to Boom !!

I was out and about yesterday and looked across the field. The Wind Turbines weren’t turning ?? 3 of them stood still. Ohh yeah. There was just a gentle breeze. Lovely day.

Oil at $10 a barrel lol.

Oiler. It can be the only Explanation re the delay in Q1 Dividend progress. An Acquisition coming. May also Explain some Institutions Reducing a few Percent. BWDIK ?

It’s exactly like this. If Exploration Stopped tmoro / let’s see what the World looks like ? Any Reduction in Oil Demand through the desired switch to cleaner (Unreliable) Energy will Result in Investment Decisions re Exploration brought to a halt. Existing Wells Decline at 10-15% a Year. You do the math.

Look. I keep telling you that the lead time for Oil from Pipeline to Refinery is about 90 days. So if the World Stopped pumping Oil tmoro / In 90 days there would be none left. This is why when Demand Rises / No New Production will be able to keep up. This will cause Price Volatility on the upside. Add in Saudi B/E $68 and le Viola.

Nobody Agreed with me when I said WTI would Hit $60 by March. WTI actually Hit $60 mid FEB. Patience Possums .. Patience ..

$64-$72 Brent.

Fastfood Forecast for 2021 has always been £64-$72 and this was when Oil was sub $40. Furthermore / Come AUG SEP OCT my Upper Guidance will come to the fore.

I’ve been alluding to the True Saudi Break - Even (I have it at $68 but happy to defer to the Article $76). Because Saudi only have Oil to Trade / I think it Accounts for well over 50% GDP / then all the Social and Health and Infrastructure Costs have to live off the price of a Barrel of Oil. They have built Worlds Largest Industrial City - JUBAIL / which is also Home to 4th largest Petrochemical Company SIBAC. SIBAC are currently researching uses for Petroleum / Rather than burning it in Combustion Engine / They are turning it into superior Products instead to replace Steel and Aluminium on bodywork of a motor vehicle. It’s Lighter / Stronger / and has a lower Carbon Footprint Beginning to End of the Product Line.

Kane you are a legend. That is a Great Post and has given great Prospective.

Saw a Program on Canal Boats powered by Diesel. To be Replaced by Electric. Ouu yes that should be a Good Nice easy Test re replacing Petroleum. Until 1 / They stated it was £25k for the Motor and then errrrr it doesn’t work at a Temperature below 4 degrees. Hmm I thought ... Exactly how Efficiently would it work at 5 and 6 degrees then ?

A World with Power driven by Electric sounds clean / but many problems related to Reliability will occur until they master the systems.