Member Info for Krakenoil

Proves RBC has it in for ENQ https://www.rbcwealthmanagement.com/gb/en/research-insights/oil-check-key-questions-facing-the-oil-market-in-2019/detail/?utm_id=wm1547230777040 What a joke ! Broker target of 15p with Brent averaging £60 in 2019, Then totally contradicts that with the above ! They had better change that target price for Enq and quick ! I think Romaron needs to send a few more Emails

He is desperate lol

When Enq announced they were buying Magnus and a fund raise the SP climbed, only the oil price killed off that rally ! Buying a asset for less than the value it’s worth at low oil prices is a no brainer ! The asset pays down its own Debt ! Are you lot stupid or something?

Yes the heavier oil is trading at a premium to Brent, very good news.

I’m ignoring our mucky troll now DD ! Let him stew in his own verbal diarrhoea

That’s great news ! Looking forward to load 31 in 2 weeks time

Miner Seriously what ! Do you really think the pound moving off a 2 month low is damaging the company ? Opex would be calculated using the pound/Dollar 5 year average not monthly movements !
You need to do better than that !
Getting a little desperate aren't you.

Minerb - The pound hits 2 month high ! Ha ha ha You are funny aren’t you ! Is that all you’ve got ? So opex increases by £250 a year, best we all sell ! Ha ha ha

Doesn't look like its drifting down ! I think we bottomed out Wednesday and now a reversal is underway. Driving season getting closer by the day and the season for traders to buy oil stocks is fast approaching !
This is very cheap !

Moved up over night !

Next Shale will be giving away free $20 bills with every barrel lol

Ha ha ha

Miner do you best to get the price down lol

What a load of shite ! They are already slowing as the investment cash they rely on is drying up, most pumping at a loss at the moment and also look at the shale decline rates, it’s getting much steeper and the gas/oil ratios are getting bigger !

Magnus 2 billion barrels in place ! That’s a huge amount

That’s because everyone who owns Pmo wants to trade it, every time we have news, all the sheep run for the door ! Then hope the price drops !

Watch em drop the oil price going into close

I don’t believe the numbers either !

Opex was $27 average in 2017 and 2018
Miner - off you go again telling porkies

Epiphany, watch it again, he said Magnus, then said 25 average across the whole output