If we can hold around 32p at close today then I think tomorrow will be another good day as its looking likely Opec will only raise production slightly ! Monday could be a buying frenzy !
We lack broker ratings as well but It looks like they are waiting for confirmation acceptance that the Armada can handle Plateau production rates. Im sure Bumi are doing everything possible to complete as they are also suffering badly !
Look at those trades coming through ! They are hard at it again ! They can do what ever they like with this stock ! They are going to drive this as low as possible today. FCA should investigate this shit !
Heardy, the thing that's holding down the sp is we keep missing targets, K hasn't reached plateau of 50k as stated and the Armada hasn't been signed off ! Our producers have declined over the last 18 months as everything has been thrown at Kraken. We do need K signed off and to reach target ASAP and start to improve other core assets ! Its going to be a hard slog attracting new II's back on board but im sure they will arrive in dribs and drabs along the way
5.6 Knots ! Must have been told to save as much fuel as possible as the load will brim her, she aint allowed to burn up Kraken oil as its too expensive now ! lol
They are having trouble controlling todays SP ! You can only hold the tide back for so long before the inevitable, well at least at the moment it gives investors a bloody cheap entry price !
Hi Chilt, That's correct, those two have been doing it for months now, Hope both get fingers burnt or at least cant realise profits on the way back up ! Lets hope the MM jumps the price on low volume !
They are obviously shorting Enq and have made a big paper profit doing so ! But they need to close out ! That may be a little difficult ! might see a few close before the weekend !