Member Info for Krakenoil

Ingrid had better get a move on this evening to reach Kraken by Thursday Eve.
Hitman do you still think 30p is possible this week ?

Only thing holding us back is the falling oil prices. $5 down from pre attacks on us air base now, China about to sign off phase 1 of the Deal. We need Shale to plateau and even fall before we get another move towards $70 again

I thought we have already covered this ?
Shame the oil price is falling stalling our move upwards today, but if we can hold around the same price with a lower oil price that's even better to be honest.

Buy side looks like its outweighing the sell side again, volume well up, could see another 3%+ rise again today

I'm not expecting the drop to last long as the volume on Friday above 25.5p was huge. Lets see where we are mid morning.

Too be expected really. Let the day traders take there profits. MM might have a little fun this morning.

Worth about £50m in scrap

I wouldn't have thought Barclays would have almost doubled their target price with just that, Kraken has been pumping very well for months so must be something else as well in my opinion otherwise why not lift it to 30p then raise again to 40p H2 2020 ?
Glad they see us as very undervalued. Maybe they will raise the target price to 60p in H2

I don't think we need to worry about transport costs as I believe the buyer would be responsible for that. We have our contract to off load to transfer and that's where our cost stop.
It would make complete sense why the Broker upgrades jumped up to 40p if Kraken oil was selling for a much higher premium over Brent. No other explanation for such an increase.

Exactly! Look at ITM over the last few months, they now have a Mcap of £480m with hardly any income.
SV is perfect for the job.

I would be over the moon if Enquest diversified into a clean fuel producer alongside oil production.
SV is perfect for it as well

SV - Needs turning into a Hydrogen plant.

We all love a repairer Spike !!

Lets raise a drink tonight for a good few more this year.

That's quite a load NO has taken on, possibly 600k at 13.5m Draught, looks like she's in a hurry to get to Scapa Flow as well.

Romaron,
At the next AGM or at our 60p party if you attend I'm going to show you my portfolio so maybe then you will have a little respect. Not that I'm bothered but at least I've proven to you that I don't tell porky pies.

Kraken oil could be the game changer here, demand for low Sulfur heavy oil is rising very fast, we may be able to demand much higher prices for it. $90 barrel is not out the question

Back to Pre RI soon

Shut up Malafuster

Today is the day 23.5p ..... see ya

The market is finally waking up and looking at Enquest.
Waiting for the real fun to start as the II’s move in