Member Info for Kamakiriad

The next tranche of positive news will multi bag this share

There will be a great resurrection of the oil industry on home ground in the UK. Licenses will be granted with ease.

A very sensible decision, we must all do what is best for ourselves financially. It’s very easy getting caught up in the rhetoric about, don’t sell, don’t sell. Some may find themselves wishing they had. It’s a very personal decision and each should be left to their own to make it.

I meant ‘clear without question’

The next uplift of oil in a couple of weeks or so will player without question any debts of the company has, furthermore it will start a cash reserve at the bank. Very few oil companies are in this position, lots of constant talk about how they think the world will dry up tomorrow… Nonsense. Everything from the end of March that is pumped out of that well is cash in the bank from now on. Therefore if you’re asking if you should stay in, in my own opinion, hold on.

Those of us who are still hanging on from the premier oil days were stuffed when the merger took place.

At $132 per barrel we should be saying higher value with the share

It’s official

As soon as today.

Plus an extra 100,000. 1.6m now and I’ll call it a day at that.

Just bought another 500,000

Shell have now announced they will no longer be buying Russian oil and gas, also closing their service stations in Russia

I’ll add that for those who think they’ve missed the boat with this share … you haven’t. Still plenty of mileage here.

We just touched it

May I ask why that specific date? I’m a bit in the dark on that.

I have read many synopsis of various shares from ‘the fool’ and I can’t recall them ever recommending to buy. What are they there for?

It seems that, despite every country leaning towards green energy, they are being realistic now that in the shorter term which is probably 10 years, we need oil. It may be a tailing off process but that is quite some time away, in the meantime because of world events individual countries are deciding to source as much energy as they can from their own borders, or a very friendly neighbour. In my opinion there will be a resurrection in oil exploration within the UK boundaries. Licenses will be granted with the wave of a hand.

Looks like we have the highest share price in about two years, and you can see from the charts where it may end up. I first bought it in at around 32p and then bought a huge amount of shares at 2.25p so averaging on 3.7. I’m going to hold for a while yet.

I think, due to the current situation, there will be no windfall tax on UK based oil companies.
The government will need as much Collaboration as possible with UK and local oil suppliers

This will certainly happen