Member Info for JiffyBag

https://www.lse.co.uk/news/victoria-oil-and-gas-hires-hurricane-energy-director-roy-kelly-as-ceo-fcv2b5885theg78.html

All depends on one man, Putin :O)
'The meeting may provoke debate about whether to return to cooperation with OPEC. However, President Vladimir Putin would still have the last word on how Russia decides to proceed. '

Russian ministry, oil firms to meet after OPEC talks collapse -sources:
'Russia’s Energy Ministry will meet with the country’s oil companies on Wednesday to discuss future cooperation with the Organization of the Petroleum Exporting Countries, among other issues, two sources familiar with the plan told Reuters'.

'Novak said on Tuesday that Russia had not ruled out further joint action with OPEC to stabilise the oil market, a stance later repeated by the Kremlin. '

https://www.reuters.com/article/us-oil-opec-russia-meeting/russian-ministry-oil-firms-to-meet-after-opec-talks-collapse-sources-idUSKBN20X19Z

AK,

Excellent choice, The Who. 'Won't Get Fooled Again' ?

Apply that sentiment to Edward Heath the B----d who sold us out, and the UK wanting to leave the EU?

God Bless You AK, Carry on Sir!, but make sure you take some F...n, HandGel when handling Chips!

Have you recently purchased a Military Grade all in ONE Face Mask RESPIRATOR :O)

https://www.amazon.co.uk/YCRD-Protection-Formaldehyde-Anti-Virus-Industrial/dp/B07Q5XKW6L/ref=asc_df_B07Q5XKW6L/?tag=googshopuk-21&linkCode=df0&hvadid=309932293363&hvpos=&hvnetw=g&hvrand=18210286781897715576&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9046623&hvtargid=pla-696840364787&psc=1

But seriously, one cannot shy away from current reality, at least in the short term, we all need to just sit and ride the storm out.

LW, 'China's recovery rate has reached 70.7 percent.'

Lets us BW hope so, not just for the Chinese but all of us Brits!

Anyway, whatever way one looks at it, 20K BOPD, is a financial security barrier is it not?

Ride em out Cowboys, it's all that counts for now.

DC,

For me , Gold is a recovery /Arbitrage Play just now, won't post it as such on here, just look at my post's.

DC,
'When it was first reported that Wuhan was in lock down my thought was thank goodness China is a communist state where they can impose the rule of law without fearing the liberals screaming freedom.'

Reality is so different though imo, just watch this, albeit a few weeks back'
https://www.youtube.com/watch?v=ycrqXJYf1SU

As for the future? the world looks for a way out of this scary dilema, but maybe some out there now have a potential solution.?

https://hamodia.com/2020/02/27/israeli-researchers-announce/

Bottom line in all of this, we are going to have to ride very Choppy Waters in the short term, that will and are going to impact Global Markets.

If you have a War chest of money and you survive CV19 , and you invest wisely, you may well make a fortune.

My only simple conclusion, is Mutation?

LW,
'The real problem is Italy, where the toll seems to be rising by about 20 percent each day and the recovery rate has fallen to just above 10 percent.'

Italy is indeed a worrying statistic.

Question is WHY? V China?

The death toll in Italy has passed 230, with officials reporting more than 50 deaths in 24 hours. The number of confirmed cases jumped by more than 1,200 to 5,883 on Saturday.

https://www.bbc.co.uk/news/world-middle-east-51787238

Who really cares whether it was operational or otherwise? The fact that PA is going back for another offload so quickly, is all that matters.

My Guess it was because of impending weather and nothing less.

Johnpwh,

A very sensible and balanced post.

My son works for J2, and so far touch wood , internal workloads have not decreased and bookings are still intact, it's only the likes of Virgin and IAG that have reacted.

As for public transport, just wear a pair of gloves when holding on, simple.:O)

Dc,

Very sad indeed that the Chinese feel the need to have Rhino Horn, when thay can have Viagra!

DC,

My guess, export, why do I say that?

Look at recent Beijing traffic congestion indicators, a measure of economic activity, Friday 08am, and 6pm , 59% and 76%

https://www.tomtom.com/en_gb/traffic-index/beijing-trafficrespectively.

DC,

Appreciate your humour, but in all seriousness, I hope and pray that China will ban all 'Wet Markets' the root of all Flu evils imo.
Maybe they should cull all Bats/Pangolins, God knows what, but they scare the S---t out of me eating stuff like that.:O)

It will no doubt be sometime no doubt before global trade with China starts to normalise

Cracking news Dryland, many thanks for the Heads Up!,

We HUR folk are all sailing through stormy seas right now on so many fronts but I am convinced that we shall see calmer waters ahead, June maybe?

CV in China is now on a downturn cycle at last.

https://www.nytimes.com/2020/03/07/world/asia/china-coronavirus-cost.html

https://www.youtube.com/watch?v=ztY61hIW0bg&feature=youtu.be

Strange, just re-post :O)

Cracking interview thanks.

Certainly asked some excellent probing questions.

Stewart Dickson provided a very honest perspective of where TSG are as a profitable dividend paying company, and I can see no reason for that to change given their track record to date.

More importantly, future development of Rodnovika should in theory greatly enhance output and the bottom line over the coming years.

As to how development of Rodnovika is to be financed ?

I got the impression that it would be done piecemeal through existing/improved cash flows by expanding the mineral resource at the Asacha Gold mine, and possibly via debt if so required?, we shall have to see on that score.

Overall impression for me, TSG are one of the best AIM listed companies, and may one day think about a move to the main market if liquidity of it's shares can be further enhanced?

CA,

According to MS, CA actually sold 25M shares in February and now as of latest RNS have bought them back.

Forget their aspirations for a share buyback, price goes up..... and what will they do? sell of course.

CA are in a sticky situation right now, Yes or No?