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I simply make no predictions re Oil beyond $72. I firmly expect it to fall back to my Range in the medium term. I do not think we shall see below $65 next 2 years.

I was right about Oil. Hope you are right about i3. I think they make a Big Deal out of Production 300 boepd increase / when we should be at 12000. However we are a small Oiler and you’d like to think we can get to 12 / 15 and then 18 within next 18 month. It’s all about what you can maintain though / Not what you can get to. So small increases in Production do add Value.

Tony. I stick to my original Modal which had this at 15p come End of AUG. However / As my Oil Prediction Range $72 High (Which everyone dismissed) has also come 2 Month early then ?? Some on here had Oil $50 in fear of the Iranians pumping. Well that prediction would be 50% out of sync right now.
I maintain my theory that the Move to cleaner fuel is not purely focused on Environmental demands. It is driven out of the fact that Oil cannot sustain future growth and mobility of a World Population of 7.7B. Oil my friends / Is running out v demand. We are now in a Super cycle. The future will have a 50/50 mix of Oil and Cleaner fuels. Take Oil away and let’s see what the World looks like.

CMCC. They are pressing the reset button. As I stated yday. Should be Great (Better than Good) Newsflow for duration of Q3.

No of course I haven’t Sold !!

Tried Dummy Sells today. Early afternoon I could Sell 50000 and 125000 at 13.54p. Then literally minutes later I could not Sell 5000 !!
This tells me that the U.K. is following exactly what the Canadian TSX does. I must have just caught them when they had crossed the line for their days Accumulation. Literally.

Today I can Sell 100000 at 13.9p or 200000 at 13.8p. Not that I’d want to mind.. Yesterday I could not Sell more than 5000 on free quote for 12.4p ? I fancy the MM’s are pressing Re Set button for next 6 months.

This won’t break 15p.

Maestro. I said “This will not break 12p” lol.

Fluidity is poor / but improving. On H@L you could not Sell 10000. You can now Sell 15000. You cannot Sell 15001 or above on Free Quote.

Sorry. 100.000 / 50.000 / 10.000.

Fairdealer. You’re kidding me right ? Investors must do Dummy Sells to check Fluidity in the Market. I tried 100000 500000 100000. Nothing. Could not sell a dime. But as stated / I wouldn’t want to.

Cannot Sell 10000 on Hand L. Pathetic. Not that I’d want to, mind.

This won’t go above 12p in June or July.

This won’t go past 12p in the Short Term.

Great News.

I3 paying a Growing Dividend will demonstrate a healthy Balance Sheet and therefore become a Positive influence on the Share Price. Simple as that.

BNP !!

Troajan. I heard somewhere that if the World Stopped pumping Oil / That The Stocks would run dry within 90 days. This is what drives the fluctuations in price. Throw in the fact that PNB Paribas and co have Stopped underwriting Oil Exploration and le Viola’. Oil will be produced going forward from one’s own Cashflow. Fluidity has ended. Natural Decline Rates will take care of the rest. Next up is a WW ban on all Offshore Exploration drilling. One by One. Hold on to those Shares. We are in.

Thank goodness for TSX. Today I could not Dummy Sell more than £500 at a time. None Sold of course. I am here for the duration. This BOD make a Big Deal of 150 added barrels of Oil when Brent is over $70, Yes Deals are good imo but they need to be Short Sharp and Sweet. Market wants then to get to 12000 boepd and then 15000. They need to get on with it. We should be at 12000 now.

Hold onto your Shares. They’d rather pick them up at 9.7p than 16p. GreenPeace woman comes on BBC News. “We need to BAN (Wait for it.....) ALL COAL (Ok) ALL OIL (Not ok - Almost impossible) ALL GAS (Impossible)”. What the BBC NewsCaster forgot to ask her was “How do you make a Wind Turbine Work without Oil ? Forgetting the Manufacturing process for a moment / Given the fact that the Gearbox takes 60 gallon of Oil to turn the Blades”. Answer “Ermmmmm...” They have modelled Solar in the Sahara. Within 15 years the Desert starts the process of turning into a Rain Forest - Given the fact that the Surrounding Eco system rises in temperature by 10 degrees.
We are in a period of time where by they will keep it as low as possible for as long as possible until they cannot. The Dividend will deliver Fair Value. You’ll see.

We need Good Newsflow now re Noel Well and Oil Drills successful. One after the other. Over Next 8wk through to Aug.