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Tough times in the market place ... ps .. I Hope your cherrysburn over a spit roast .. so ur smarty pants comments come to a stop.. I’m here like most investors trying to earn some bread and butter..
The slump will not last long. Soon all the airlines will need to start flying again.. it will require even more oil to restart the process and stock up on reserves for so many countries ... I can see oil back at $60 per barrel in a few months from now ... however now is a massive sell off globally.. survival of the fittest now..LK and his BOD are very good oil men.. if this ever hits 20p I will buy LK an Audi R8 lol lol lol
Wish LK had spent £350k at today’s price.. he would’ve taken all the float.. locked traders out
https://oilprice.com/Energy/Oil-Prices/Oil-Demand-To-Plunge-By-10-Million-Barrels-Per-Day.html?fbclid=IwAR1cB1ZM1f-lKMeTDYBoiVBARbWm6EpE4wFYTidoSp8SgYzFiwyRmOOc9_Q
This will come good again.. mark my words..
Markets got spooked when USA cut Fed Res.. Airlines closing .. government bailouts .. its all looking pretty shyyte to be honest...can’t even go to the pub or to the movies now..lol.. LK should delay the saffron news until the DOW and FTSE stabilise ..
what’s it worth??
Expecting a flurry of RNSs this next few weeks.. agree sujood. We are hopefully gonna start climbing now as news flow starts. Starting with NIEEF then EPO, RHA , MNH, CiRCUM... this flurry should see us back at 1p+ .... EPO is procedural so don’t start counting your pennies but expect it to be big. Had a nice reminder over weekend not to panic so .. let’s see what the cat drags in..
Don’t shoot me down here but I think we will have another big red balloon day here !!
What can BOD do if the whole world is on lock down.. airlines, shipping companies, oil companies closing up because Russia wants to kill oil prices.. even BP & Shell dropped 30%.
What RNS do you guys want LK to post? Understand your frustrations that we all feel hard done but give it time. It will come good.. LK is a good man.
It’s the Saudi/ Russia added ****tail that’s making matters even worse.. this is a brilliant company with a superb CEO. Leo Koot.. hope we can get out of this downward CERP spiral.. Else it’s game over for me... my average is 7p :((...
DOWS tanking