Member Info for Krakenoil

I bet people will be panicking holding this over the weekend !

Lucky fella

Oversold territory now, expect most shorts to exit at these levels, profit is profit !

Waiting for 19p

This is utterly ridiculous!

Oiluser so you have sold out and now turned to deramping your beloved PMO ?

I bet in that lease agreement somewhere the 2 year period will be guaranteed against another company asset just in case !

Greendave- are you stupid ? Why on God’s earth would you sell your own building for someone to charge you 500k in rent every year with a clause after 2 years for the rent to be increased when it was costing you ZERO ! Blimey Flyb would have done better to remortgage and rent it out for a huge profit

What does that mean Oiluser? Inside job and we’re not going to like it ?

Scully - Doesn’t look good does it ! Whoever said this is going up needs thier heads testing! This company is in very bad trouble! Investors are running for the door !

I’ve been following the stock for a while, that wasn’t a deramp it’s a fact ! Why sell the asset when you could have borrowed against it for a lot less ! Doesn’t make sense ! Find me a property that you pay 10% of the value in rent !! That’s ridiculous most are around 6%

Anyone that believes selling the assets is a good move needs there heads testing ! This is A company in panic mode desperately trying to stay afloat! Who bought the hanger? Hmm I wonder then lease it back for 10% of its value wtf ! You could have re-mortgage it for a lot less !

In my view selling your assets is like being in a hot air balloon losing altitude and throwing everything over the side in a panic to keep it in the air ! Sounds like someone is removing the assets just in case !

Kraken production plateau Of 40k is fine with me as the decline rates will be much less than expected! Lower plateau for longer !

That's what im saying L3 ! What you posted is bang on !

Someone not telling the truth ?

When do we drop back out the Fts250 then ?

Reading that TU this morning never thought -8% would follow !

So Pmo will drop back out of the fts250 at this rate ! How the hell have all the oillies lost 50% value in 5 weeks ! What a joke

This is ridiculous to be honest!