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Agree with you Mr C,
Looking at POO charts, it seems oil has bottomed too !
Been downward for around 100 days. My thoughts are that we could see a few months of a Bull market for oil, with the normal corrections along the way.
Great news today. AB is earning his salary, good to see.
Hi Spin,
Hope you and the family are good and well.
Yes, I agree with you , it is difficult to predict a Moth. You never know where it is and what they are doing. I think that's because they can fly in the dark. Even worse you don't know what jumber they could nibble while resting in your wardrobe. You are right saying December is the worse time for Moths, Heaven forbid it eats your Christmas jumber. That would just leave your pyjamas to wear around the Christmas table. Could be worse, you could own Enquest Shares !
Hi KO,
I'm thinking that many of the Swedish holders may have waited until the Ops update hoping for an uplift in the share price. Now that they have seen that a good rise in the share price is not happening, they have thus thrown in the towel and sold. Hence the share price action we are now seeing. Just my thoughts on human behaviour. Maybe someone can check the selling action on the Swedish exchange.
Hi martinen,
I would have thought that they would have been advised legally about the rules !
Therefore my thoughts are that they made a slip up . Could be interesting times !!!!
Agreed Tommo,
Malaysia is 8k , NS is 38k
Stevo has lost 8k in production. Which means his FCF numbers are wrong !
I advise you all not to let Stevo hold your coat and wallet when you bend down to tie up your shoes ! Got a feeling that when you stand back up again your wallet will have less money in it ! I think that is what Stevo means by Free Cash Flow !
Hi Therapist,
Great Post and interesting guess.
However, I'm not doing anything that I have done before.
I had to refuse the "Just Stop Oil" position due to their main funding being pulled. They were paying me a salary with cake, then when the funding was pulled they wanted me to pay them !
Mind you there are some good looking "old dears" working for JSO. could be why Romaron kept going along to their meetings ! ? !
Lol KO,
Nice to see the 60p Party mentioned. It's a long time since we talked about that !
Sadly my "Party Clothes" are now old and moth-balled.
Indeed I wore them last year at a Halloween party held for destitute Uk Oil Company Investors.
At the party they had a swimming pool. During the evening they had a diving competition. I won the "deepest underwater " dive challenge. I went down over £100k , sorry 100 Meters.
Anyway strange things happen sometimes, maybe just maybe , In a year or three we could see a 60p Party !
By then I could be retired again. I start work this Monday 16th October. You just would not believe what work I am doing !