Member Info for Kaneonaim

Well, overnight, Goldman's commodity team said that a lack of urgency from the US government to lift Iranian sanctions and a push for larger fiscal spending support the constructive view on oil and gas prices; at the same time it estimated that a 2 trillion stimulus over 2021-2022 would increase US demand by 200k bpd and stated that delays in a full return of Iran production would support the bullish oil outlook. Goldman's summary, which could say is obvious: "policies to support energy demand but restrict hydrocarbon production (or increase costs of drilling and financing) will prove inflationary in coming years given the still negligible share of transportation demand coming from EVs (and renewables)."

https://oilprice.com/Energy/Energy-General/Goldman-Sachs-Bidens-Federal-Land-Drilling-Ban-Is-Bullish-For-Oil.html

And this?? seriously ??

However, as Mirabauds analysis / report was based on $45/bbl (Brent) for 2021- the investment case is still in tact.

Well it’s $52 as I write?? That means we make more money!!! You imbecile!! Starting to think you’re a joke

I mean come on wtf is this

howvever, Baring an Iranian attack on Saudi, my opinion is that WTI will be less than $55, probably around current levels 52 and I would not be surprised if it dropped slightly below $50.

Utter s h i t e

Natural gas,Ethane,Ethylene,Propane,Propylene,Butane,Isobutylene,c5

Good luck making these from wind turbines and solar panels. They make more than just paint!

Here’s an interesting blog/article about developing countries reliance on oil

https://www.wider.unu.edu/publication/it-or-not-poor-countries-are-increasingly-dependent-mining-and-oil-gas

All the combustion related uses will come under pressure from renewables / clean energy.

Imo no it won’t.

https://twitter.com/kaneinthename/status/1353726633195282434

Here’s a PowerPoint for you Tony

GLA

Tony with all due respect you didn’t know the meaning of FOMO now you proclaim to be some kind of energy expert can you post links to your figures?? Or are they just made up. Most of your posts here have always had a negative tone even though the price is well and truly now in an upward trajectory!! Just waiting on news of dividend to confirm how much fcf then will be waiting for farm out !!! GLA

No offence taken. Apologies for my response. Good luck all!!

Obviously I can’t say exactly what price’s will be by next Friday but i can say I’m bullish on all that you mentioned it just might take more than a week to reach targets as I’m confident they have more upside than down. For fun I will say nfx 3/3.5 I3e 6.8/7.5 wti 56/58 by next Friday

https://www.share-talk.com/covid-19-stock-special-bulletin-board-heroes-sunday-24th-january-2021/#gs.rl4cy1

https://www.reuters.com/article/us-canada-pipeline-transmountain-idUSKBN29T0BA

At the same time, supply growth is in check as shale producers focus on improving their finances and Saudi Arabia pledged to cut oil output in the next two months to help rebalance the market. Meanwhile, a quick return of embargoed Iranian barrels into the market doesn’t seem likely.

https://www.bloomberg.com/news/articles/2021-01-23/oil-industry-reels-as-biden-targets-fossil-fuels-in-first-days

Inaugural Dividend: The company’s first dividend is expected to be declared and paid in Q1 2021. The company aims to pay out up to 30% of its free cashflow as a dividend to shareholders. Based on the 5p placing price, the company expects the dividend yield to be in excess of 10% on an annual basis.
Valuation: Our valuation is premised on the details provided in Table 1 on the following page. Our gas ($/mmbtu; NYMEX) /oil ($/barrel; WTI) price estimates for 2021, 2022 and 2023 are $2.50/$43.50, $3.00/$53.00 and $3.25/$57.00, respectively. Thereafter, we inflate our commodity price estimate by 1% per annum.

Looks like they left the iPad on the ward today in the nut house lol!!!

Toscana's tax losses of CAD$128mm (US$94mm) will support tax efficient income for several years from i3's production portfolio

CEO, Dr Anne Brindley is currently working with the team on the strategic priorities for the Group and will be updating the market in Q1 after concluding her review,

Looking forward to what she has to say!!

By the looks of it there’s more chance seeing our new CEO on homes under the hammer than proactive news lol!!!!

Pull your feking fingers out !!! Really surprised the NEW ceo hasn’t done some form of interview/webinar yet?? Must just be a puppet for Blackwell !!

Interesting that she has set up a real estate company though!!! Pi55 take??

Do they even reply to this info@nuformix.com??

What are you doing ?? The longer the silence the more convinced the next news is a huge placing curtesy of our new brokers!!! Tin hats at the ready!!!

There is an awful lot they could update shareholders on but are currently choosing not to!!! Sort it out !!!

Delayed buy 215k at 6.35p