Member Info for Krakenoil

L3 - We have covered this so many times in the past and to be honest I don’t know why you keep on dragging this up over and over. Maybe Osaka is correct in what he said about your round the houses deramping. I have never read one of your post that is borderline ramp/positive.
Strange if you hold a long position like the rest of us here.

How true this is ...Is anyone's guess !

The Gob****erecord is playing on repeat again !

This will be back above a pound very soon, the positives out weigh the negatives by a huge margin now, PMO is grossly undervalued along with Enq and a few of the other mid cappers.
Debt melting away by the day even with Brent at $63.

L3 has always been a deramper here, even on the odd occasion he has been close on his prediction he likes to celebrate it ! Now if you hold a long position and that position is underwater like he says his currently is why on earth would you celebrate it ?
cos I bloody well wouldn't !

Looks like we are finally breaking out of the rut we have been stuck in for months.

We need Trumpet to Chuck a few artillery shells over the Iran boarder, Iran to shut the Straits and Bobs your uncle !

Reports saying it’s owned by the US !

This is going to get messy !

Kraken did have a breakdown, but was fixed sharpish and is back up and roaring !

Ten years of reserves, use 4 of those years to clear the debt and that leaves you quite a chunk of cash coming in to buy another asset or 5 lol or just keep on trousering the huge cash until its run out completely and walk away extremely rich ! Sounds bloody undervalued to me

That buy was off book and paid 1% over the Offer price, Strange time to buy such an amount when usually the SP drops towards the end of the day, could have got a fair few more shares for his money...…… Unless he knows something we don't lol

Oil rising but the market saying the opposite ! Sell off again later more than likely. But I'm still holding as I'm still up 10% and you just never know what Trumpet will say or do over the weekend.

Members Enq bought Magnus ( 18000bopd) with the RI worth $500m but that did nothing for the Mcap ! Pmo converted the Bonds into shares last year, so same as a RI !

Oil stocks well out of favour currently, Look at all of them, most just off multi year lows. The whole sector around the world needs the volatility gone. Large Investors don't gamble with peoples money and the oil sector is just that, long or short.

Shale have ruined it

How the hell can oil drop almost $3 over nothing ?

DBNO - You've missed that boat ! Sailed weeks ago, Expect that debt reduction to add to the Mcap soon. 86p aint far away

What do you expect Members !!!! Oil has lost over a dollar in a hour and a half ! Until shale production starts to decline then we have highly volatile or sector

Doesn't mean anything !

https://www.thesun.co.uk/news/9532642/iran-oil-tanker-seized-revolutionary-guard-smuggling/