Member Info for Krakenoil

Hi Jan,

I'm all good, I hope you are fit and well including the family.
Yes we have covered Enq from top to toe over the years, been to hell and back.
That's why the frustration gets to me a little, like being in that never ending tunnel, you can see the light but I never seems to get any closer.
One day Jan we will all look back at this and say we knew it would come good in the end.
Just wish it would bloody hurry up.

Mavrick, So your £200k underwater ? Blimey I thought mine was bad

Well done Jan, be greedy when others are fearful and all that.
If we get another drop this week before the Opec meeting I will take another £10k worth.

Since the CMD AB has lost £1,717.570 from the value of his stock. Remember he is also the biggest loser when the SP is falling.

As the debt falls away, the balance sheet strengthens, the risk reduces and FCF rises but no one wants to own the equity.

You only catch the very bottom if your damn lucky. Close is well good enough.
If we drop to 17p I will buy another chunk.

What's driving the Stock market sell off today ?

Probably means he's just about to sign the deal

Trump must have a book of single sentences Trade war quotes to read, Any more than a single sentence and his brain wonders off.
Poor fella must have a touch of Alzheimers

Yesterday - The china phase 1 of the deal was being drawn up. How do they allow this unacceptable market manipulation to continue, if the banks done this they would be sued, people jailed.

Trump - I have no deadline on China deal and it might be better to wait until after November 2020 elections.

Romaron lets not beat around the bush, its the daily share price movement that you have to keep a eye on, this is what values your investment doesn't it, or am I as thick as a plank ? Bit like the saying "Look after the pennies, the pounds look after themselves".
We could pay down $1b off our debt doesn't mean our SP will respond, could even fall further if no one wants to buy. Most things on the stock market are not logical, Most of it is a giant con

Once we get the Opec meeting out the way and they basically put a floor under Brent for next year of $60, get Corbyn out the way we should see our volumes pick up, maybe a nice Santa rally to go with it.

We are a world away from ftse250, a SP of 50p should get us knocking on the door

Neil, You’ve obviously changed your tune towards Enquest so I’ll take that as a positive any day.

And its not got any easier either !

Neil if you had the same cash invested (Underwater)in something and you know its worth far far more wouldn't you be a little frustrated ?
I've been here a long time, taken both the OO and the IR in full, Its been a tough journey

Neil I've never said that, I might have said I just bought £50k worth of shares, I own roughly 1.35m shares, I bought another £10k worth last week as well.
And I post before making my top ups.

Neil your mega deramping over the last few months was a total and utter attempt to get a lower buy in price as I told you it was many many times.
Zero creditability

So please explain to me what’s too much debt ? People cannot read the figures correctly you idiot that’s why everyone here is trying to work it out.
Zzz