Member Info for GeneralLevy

The Harambe Cross pattern was confirmed at close when the bollinger bands intersected the 60 day moving average, gap up to 2,900 in the morning imho dyor

Make mine a double (bagger)

When was the Hannam note dated out of interest? Those figures may have been based on a $140m MOUK acquisition and not the $94m depending on the date

I would not want to be out of rre tonight! No sireeeeeeeee!!

Choochoo!!

I daresay that was almost pre-ordained regardless of the strength or weakness of the evidence, the US seems somewhat obsessed

The biggest indication to the future is the past and Macquarie and cavendish were unloading right upto the end of February before suspension. This is just a continuation albeit they will probably have to sell more what with the sp increasing over 100% again. It’s the price we pay for a meteoric rise in the last year, the ii selling won’t last forever and comes with the territory, if you don’t like 100%+ rises per year, there are other shares out there without this issue

$250m I believe so £200m, though you’re right BP were offered (probably significantly) less than that as it’s BP that have attached that pricetag to the asset

We’ll go upto 1830 at about 11:30 and then close at 1765 I expect

The older assets come with petroleum tax relief that transfers to the new owner, actually makes them quite attractive

Bushveld Minerals, ticker is BMN

Jesus, carbon copy of yesterday, dropped to 1765 at 16:29

Understand the logic but I'd imagine half if not most of the data rooms RRE are in are for non-operated assets, the purchase of which I don't think creates any additional burden or distraction from integrating marathon into RRE, so I think there will be another acquisition, at the latest before end of October with the fairly subdued price of Brent, I'd also expect it to be fairly modest (compared to current RRE boepd, but still fairly gargantuan when you look back at RRE's recent production history!), AA's language in his interview ("fairly substantial") implied to me these assets may be in the 5k to 10k boepd range and not an rto scale affair in the 20k boepd ballpark. BWTFDIK at the end of the day, here's to hoping! GLA

4 to 5 data rooms and Brent is looking to dip below $60, I would expect a acquisition before the end of the month

I don’t think we’re getting the full story with the trades on here with the significant dip after close apparently on a modest trade

Yeah and I think that’s a Thursday and it was on a Thursday last year

Added £15.5k here today, interestingly the trades haven't shown up and didn't budge the ask an inch when bought. Bearing in mind the illiquidity of this share generally it makes me think some serious Cavendish fund rebalancing sells have cleared today and will show soon imo GLA

Benefit of RRE's model is they buy proven resources / producers that are attractive to them, looking forward to a divi policy GLA

Trades from this morning just popped up, if I was to guess I’d say they were sells and not buys, churn baby churn...

In the words of Maverick "It must be close, I'm getting a ****-on"