Member Info for GeneralLevy

Soaring due to heatwaves, can see this reducing lng to the U.K. and providing upward pressure on U.K. gas prices going into autumn

Has to be Axa dumping into the close every day given the TR1’s wtf are they playing at?! They’re costing themselves a fortune selling in this manner

Just that nobody else in the NS of Sericas size has £400m cash to spend on a none U.K. NS asset

Could get a short squeeze here

And we should be paid a month in arrears which will be taxed at pre windfall rates I’d imagine as it was earned pre windfall - only a months worth but every little helps ?

And we had fairly poor production in that period I recall with the unplanned shut in

Have I got that correct based on the latest presentation? Looks like cash and equivalents increased £145m between 31 Dec 21 and 20 April 22?

The way Axa didn’t TR1 going +5% makes me suspect BP’s shares are the +5% Axa shares, bwtfdik

Try not to let it get to you mate, I’m confident this will be much higher come the end of the year

Down we go into the close

I think Labour were proposing a 10% windfall tax, I think we’d have bounced on Thursday if it’d been 10% tbh

The government of excess, in many ways

At 194p a therm by my calculations

And that rise makes sense to be honest, it’s better than I thought regarding U.K. gas prices, as it’s a double whammy

1. Markets expecting a supply squeeze as U.K. NS producers probably throttle back until after 2025 on production
2. I forget what households are getting for their energy bills but think it’s anywhere between £400 to £1000 per household this year

So in essence rishi and big dog have managed to decimate supply and increase demand (household affordability) simultaneously lol

Doesn’t seem likely looking at ttf

Imo the markets will be reacting already to the prospect of less future gas production from the North Sea for the domestic market, all rishi has done is increased the gas price in the U.K. by 25% imo

Bwtfdik

Do you not want to sell up if the BoD makes you feel that way?

If we’re moaning on this bb about the BoD being inactive, we look like Krakatoa compared to parkmead

Rumours that the wft handout to consumers will make the BoE raise rates faster and higher

Does anyone know of any debt free o&g companies sitting on £400m chucking out nearly £500k a day after wft I can invest in?

I don’t subscribe to the BoD bashing indulged yesterday and today, I understand why people are irate though lol

Well run company, strong af financially and getting stronger

25% extra corpy, wtf is that all about? I’m angry with rishi and Big Dog, not Sqz

Reminds me of the ride from 2400p to 400p in Rockrose when they had 80% of production hedged - made no sense

That was a tough month as well lol