Member Info for jdstandard

the long awaited Good News is here ORM back in buisness.....Ormonde to commence work programme on Spanish gold projects, following up on previous diamond drilling which encountered high grade intersections ranging 11.4 g/t to 65.8 g/t gold over widths of 1-2 metres. These Shares are going to Rocket

https://oilprice.com/Energy/Crude-Oil/Will-US-Shale-Ever-Return-To-Its-Boom-Days.html
Shale is what wrecked oil in first place.

https://www.fxempire.com/forecasts/article/oil-price-fundamental-weekly-forecast-markets-called-higher-on-output-cut-extension-cristobol-shutdowns-653800

Great deal for PMO. assets deal, will help with paying down their large debt at a faster rate..
Filter the Nay sayers....They just go on and on ....

OPEC agreed to extend the historic 9.7 million barrels per day production cut for an additional month in an effort to further reduce the market’s oversupply. The production cut extension, which will run through the end of July, still needs to be agreed upon by the group’s allies.

Iraq renews its full commitment to OPEC+ decisions

06 Jun 2020 | Vienna, Austria, 6 June 2020--Iraq has renewed its full commitment to the oil production adjustments decisions reached in April 2020 by OPEC Members Countries and non-OPEC oil producing countries participating in the Declaration of Cooperation, noting the importance of team spirit and joint efforts to achieve stability and balance in the global oil market

All be revealed on Thursday. BUY

https://oilprice.com/Energy/Oil-Prices/Drilling-Executive-Oil-Prices-Could-Hit-70-This-Fall.html
Play the long game!

https://www.marketwatch.com/story/oil-prices-rise-as-opec-seen-setting-stage-for-weekend-meeting-2020-06-05
Shares Up 8p today....Company got great deal on BP Purchase ...Crusing towards $50

https://www.worldoil.com/news/2020/6/5/oil-prices-rise-as-opecplus-plans-to-extend-production-cuts
PMO UP
BRENT$ 42.....All good

https://www.telegraph.co.uk/business/2020/06/05/price-slashed-premier-oils-bp-deal/

Omly mention of $300 M. Is as below...
Under the proposed revised arrangements, the original consideration of $625 million at the effective date of 1 January 2019 would be set off by approximately $300 million of estimated interim period cash flows to be retained by BP and a further $115 million would only become payable based on higher future oil and gas prices. Tip of the Day Use Filters above Not to see rubbish Posts. Upward and Onward.

https://oilprice.com/Latest-Energy-News/World-News/Surprise-Crude-Draw-Sends-Oil-Prices-Soaring.html

Looking Good! Buy

AlfaMale ; Thanks For that info....Why not use the "filters" option above??? Will use that so

Pity we can't Block people from this site! All the Rubbish Posts!

Brent Crude heading to $35
Dow futures were pointing to another strong gain at Thursday's open ahead of weekly data that's expected to push coronavirus-driven jobless claims to over 40 million. The Dow Jones Industrial Average on Wednesday jumped 553 points, or 2.2%, closing above 25,000 for the first time since March. (CNBC)

Great News Expected from Ormonde Mining....Watch this Space......

Dow futures were pointing to a strong gain at this morning's open to begin the holiday-shortened trading week as investors bet on the economy reopening and a coronavirus vaccine breakthrough. With four trading days left in May, the Dow Jones Industrial Average is on track for a monthly gain. (CNBC)

Oil Price Disruption Eases as Physical Crude Demand Jumps
Gap between the price of an actual physical barrel of oil and futures prices has narrowed

Let's follow the Rainbow....93% of us