Member Info for Krakenoil

This is a joke now !!!’ Lies lies lies

Oil opens +1.5% over Saudi comments towards the USA

Oil opened up +1.5% over comments towards the USA !

Don’t you mean Saudis warning to trump ? The threat of turning the taps down !

You had to be holding shares on a specific day to qualify for the RI 3 for every 7 shares you owned.

Some Pi's may well sell the 21p shares into the market next week and the MM may well drop the price, but the way I look at is the fact that the RI is funding a new asset worth considerably more than Enq are paying for it and that asset value should be reflected in the Mcap of the company ! That asset worth around 500m added to Enq existing Mcap of 545m should lift the Sp from its current lows of 31p
The OO back in 2016 lifted the SP from 23p to yearly highs within a couple of months !
Enq has yet to reflect higher oil prices !

Members I haven't sold any of my pmo shares, I should have top sliced a few weeks ago to be honest, I topped up my Enq stock yesterday as 31p is extremely cheap in my opinion I have paid for my 21p shares, so I hope PMO can climb back into the 140's so I can top slice and use that to buy more Enq before they re-rate. the logic behind that is the fact they are producing around 60k and with the new Magnus asset that was valued around 500m when oil was at 50 bucks the Mcap of Enq has to price that in along with the extra production and prospects that come with it. De-risking Enq eggs in one basket (Kracken) This was a must for the company and the Magnus deal has done that. Target price next year if oil holds current levels 60p

Jump in and out on the way down ...., funniest comment you’ve said in days lol

Great plan lol

Last day to pay for your 21p shares is noon on the 17th. Hopefully this climbs back into the 140’s before Enq re-rates so I can slice Pmo and buy More Enq.

Giving thought you are waiting for 65p to buy back in ? Your so full of shyte its comical

Morning Chilt, what was that all about this morning ? Strange trades going through !

If the Dow bounces this afternoon then yes 130p plus is possible today, Brent still above $80 and the SP is the same as when Brent was low 70’s ! Brent is still going to new yearly highs when Iran sanctions kick in next month.

What the hell is going on this morning

Asian markets bounced slightly this morning along with Brent, hopefully a better day to finish the week off today !

Brent recovered from last nights sell off as well, might see a gap up this morning as pi’s try to jump back in quick!

Asian markets recovered slightly this morning hopefully the FTSE and the Dow follow !

Giving that post makes no sense !

Well looks like Trumpet has got his own way again and dropped Brent back under 80 Bucks again before Iran sanctions kick in ! More pain on the way tomorrow

Of course it is ! 21p and it funds the new Magus asset