Member Info for Krakenoil

BTF we might see a slight sell on news Monday but the airlines will be back in the air soon, China hits new oil import record and the roads are getting busier every day, not sure it’s going to last long if we do see a slight sell off, but I can be pretty certain you ain’t getting 12.5p

End of the year is only 6 months away and that’s enough time for oil prices to return to $65 plus pulling Tullow SP back above a quid.
Easy 3 bagger here for sure.

Be good to see PMO back to a quid, end of year is my guess, once Brent returns to $65 plus the gross profit here will be huge and the debt will fall away fast.
Great move TD

That’s a turnaround Oiluser ! You was always slating AB and Enquest

Why on earth would they sell now, they will hedge their 8.5% short until they can clear those before the oil price pushes towards $60

This is still a easy 3 bagger from here so anyone thinking they have missed the boat...….....No you haven't

This is still a easy 3 bagger from here, £1.20p a share with Brent back at $65
God knows where this would go if Brent hit $100 over the next 2 years

Ferret will probably claim to have bought in at 26.9p , got the heads up from ARCM lol

Show me where it says PMO will raise the rest of the funds through a Equity issue

ARCM have got out of half their short but still have to get out the other half so their average won’t be anywhere near 26p more like 75p if they managed to close out before the end of the year.

This couldn’t be a better outcome to be honest.
When oil get back to pre covid PMO will be £2

So that will cover about half of their short position, still a hell of a short to get out of........ This is going to be back at a quid soon.
What a great move Tony

The fca are investigating ARCM for it

Jumped down -5% on the UT trade WTF

Once we get the Opec meeting out the way then we should start moving up, uncertainty always ways on the SP

DBNO - you have a mental issue! Crazy high !! Wtf. The oil price is under $40 and PMO are close to 5 year lows so which one are you referring to ?
You really are bloody stupid or you just post sh it like that for a response

Ffs how many time do we have to go through this ? The UT at 4.35Pm sets the closing price, the trades showing after that are combined trades that went though during the day, they bare no influence on tomorrow’s opening auction price.

Here we go !

We need to close out above 32p, If EIA figures are bullish then its very possible we are going to breakout of the current range this week.
All aboard !!

Iraq will now sh it themselves and say we have reached 100% compliance and Saudi will agree to extend the agreed cuts, Boom oil will fly