Member Info for LeeRex

I agree HyperAl and a good post / content..

I have myself diversified a little away from Oil, diluting my Oil portion of investment, into Lithium, as this is certainly going to be the way forward, without doubt and anyone that states or thinks different is deluded.

Yes the transition is going to be costly and will not be overnight, but it has to happen and will happen..

Technology is advancing very quickly and we may find the Boom of the EV Industry turns again very quickly in say 5 / 10 years moving to Hydrogen..

It's an ever changing and fast changing world we live in now.

Everytime I bloody research or check up on the Banking Sector updating my knowledge etc, all I ever see, continuously, on-going bloody Fines and Penalties..

I'm only left in BARC as I sold my holding in LLOY ( before the LLOY rise ffs ), but my BARC holding is near joint level on loss with VOD..

BARC never disappoints.. Continuously shite !!! Never disappoints being shite, and will always be shite !!!!!

As soon as I can limit my loss on this black hole of a share, I'll be taking the loss and never visiting banking again...

Did I say BARC is shite ? ?

Hi Mrd,

VOD is now my highest loser./. Was thinking to average down, but maybe tomorrow could be another red day ;o(

PMO is certainly testing nerves and patience for sure.

I’m not sure on the authenticity of this, but it’s on the internet so must be true right???

I saw it’s a couple of years old, but I’d like to think it’s how the system really works.

https://www.geopolitica.ru/en/article/iceland-sentences-26-corrupt-bankers-74-years-prison?fbclid=IwAR0G50IuxAk-aqQ7EzVKmZDQgIcudMFhPJYGa6ricATlLoC9TaFM-F1vsFU

WHAT THE.........

I'm on there at no 39, HA, I hardly post and couldn't ramp to save my life ;o)

I've seen Premier Inn have a sale on at the moment.....

£29 a room if you guys need 1 ;o)

Love_You, in continuation of a couple of posts etc, I do love the flip / flop mentality of " Experts "

There is always a contradiction & Debate to every side.

https://www.zerohedge.com/news/2019-04-21/new-study-shocks-electric-cars-considerably-worse-climate-diesel-cars

https://www.zerohedge.com/news/2019-04-21/new-study-shocks-electric-cars-considerably-worse-climate-diesel-cars

If it goes to low 20's again, I'll probably top up, as I stupidly entered on the way up a few weeks back, just to watch it fall down again ;o(

Enough said really.. Crazy crazy drop really

Hi Love_You,

I didn't know that lol, that's brilliant....

The link is for a company that extracts Carbon from the atmosphere to create the Hydrogen, resulting in being Carbon Neutral ;o).. Extract from their front page.. Sounds Amazing, and tech advancing all the time etc etc

At Carbon Engineering, we’re commercialising two clean energy technologies that can rapidly accelerate our shift to a net-zero world: our Direct Air Capture technology can deliver large-scale negative emissions by removing carbon dioxide directly from the atmosphere; and our AIR TO FUELS™ technology can significantly reduce the carbon footprint of transportation by creating clean synthetic fuels – made from air, water and renewable power.

Hi Love_You,

I don't think I've read a post from you that I dislike or disagree with.. Thank you !!!

Hydrogen is the way forward, for absolute sure, and for many points that you made in regards to Batteries.. I have very recently invested in a company about to start mining for Lithium, as I believe it is the " next step " before the technology really advances for Hydrogen... I was researching Hydrogen Companies to also invest in, but struggled to find, a) a many companies Listed, b) actual time in the day to research properly.

But, I did come across this company in Canada, which just ticks all the boxes and shows the direction we will eventually move in.

https://carbonengineering.com/carbon-engineering-raises-11m/

Premier Oil before end-June is aiming to sanction the Catcher North and Laverda prospects, in UK central blocks 28/9a and 28/4a, respectively. The $70 million (net) project will entail two development wells drilled from a common drill centre and tied back to the Varadero field, in block 28/9a.
Premier is aiming to drill infill wells to target unswept areas of the Catcher reservoir to extend plateau rates and to ensure the FPSO continues to operate at full capacity. Drilling is scheduled to start in mid-2020, with first oil targeted for early-2021. In addition, the company expects to drill an infill well in Varadero immediately before the Catcher North and Laverda drilling programme to target resources beyond the reach of the initial production wells. Premier also plans to acquire 4D seismic across the Catcher area in the second quarter of 2020 to help confirm additional future infill well locations.
The company, in a full-year 2018 results statement last Thursday (7 March), reported Catcher oil plateau rates in the fourth quarter of last year had increased to 66,000 b/d (gross), considerably higher than the 50,000 b/d envisaged at sanction, helping the company achieve record production during the year of 80,500 b/d of oil equivalent.
Meanwhile, in the southern basin, Premier reports work on the Tolmount Main field, in block 42/28d, is now well into the execution phase. Construction of the minimal facilities platform started at Rosetti Marino’s Ravenna yard in Italy in December, with fabrication of the primary structural steel and nodes as well as the rolling of the tubulars under way and progressing to plan. Detailed engineering and procurement of the trees, wellheads and subsea pipeline has also started. The field is expected to produce around 500 Bcf (gross) of gas, with peak production of up to 300 MMcfd (gross).
Premier says: “By partnering with infrastructure company Kellas Midstream, we have been able to minimise our share of capital expenditure while retaining our equity exposure to the upside in the project, significantly enhancing the expected returns on our investment.” Premier continues to estimate that its share of the capex to develop Tolmount Main will be around $120 million.

BP, Nouryon and Port of Rotterdam partner on green hydrogen study By Joanna Sampson15 April 2019 No comments Save Article The Port of Rotterdam has joined forces with oil giant BP and industrial chemicals company Nouryon to explore the opportunity of making “green hydrogen” via water electrolysis for BP’s refinery in Rotterdam, the Netherlands. The refinery currently uses hydrogen made from hydrocarbons to desulphurize products. According to the partnership, replacing this entirely with green hydrogen produced from water using renewable energy could potentially result in a reduction of 350,000 tonnes of CO2 emissions per year based on current circumstances. The parties have signed a Memorandum of Understanding (MoU) to study the feasibility of a 250-megawatt water electrolysis facility to produce up to 45,000 tonnes of green hydrogen yearly using renewable energy. It would be the largest of its kind in Europe. Nouryon would build and operate the facility and the Port of Rotterdam would facilitate local infrastructure and investigate options for further development of a green hydrogen hub in the area. The partners said they intend to take a final investment decision on the project in 2022. bp_refinery_overview Source: Port of Rotterdam Ruben Beens, CEO of BP Netherlands said, “BP is committed to advance a low carbon future. We have committed to reduce emissions in our operations, improve our products to help customers reduce their emissions and create low carbon businesses.” “The use of green hydrogen, made from water with renewable energy, has the potential to deliver significant emissions reductions at Rotterdam. Working with Nouryon and the Port of Rotterdam will allow us to explore and fully understand the technical, operational and financial dimensions of this potential opportunity.” Knut Schwalenberg, Managing Director of Industrial Chemicals at Nouryon, added, “This partnership builds on our expertise in electrolysis technology to open up new value chains.” “With green hydrogen, we can provide sustainable solutions to our customers ranging from low-carbon fuels and industrial processes to new forms of circular chemistry.” Allard Castelein, CEO of the Port of Rotterdam, commented, “Development of large-scale electrolysers connected to offshore wind farms is vital for making solid progress with the new energy system in order to realise our climate goals.” “This 250-megawatt electrolyser is a key proof point that Rotterdam has the ability to be a frontrunner in the energy transition, which is an important differentiator for the port industry.”

Hi Ohmtoe, not read the report as the headline is enough is frustrate.. That's what pi@@es me off about this game and recommendations, ratings and broker reports etc.. You can do all the research you like and flood yourself in reading, "research" DYOR etc etc

Just yesterday I posted on here a report stating $100 could be on the cards... What this confirms over years and years of reading reviews, is that no-one know's nothing !!! ffs

https://www.rt.com/business/456668-oil-hundred-merrill-lynch/

Members !!!!! Keep calm, keep your eye on the ball, maybe sell at a loss at some highs and buy back into the lows to gain more shares in total for same amount, which in turn will reduce your substantial loss, which in turn may make for some positive posts ;o)

a rattle snakes belly ;o)

Thank you Hawkey..

I'm not a new holder but still great to refresh my understanding of the companies fundamentals..... Positives everywhere in that, so I'm a happy holder and not 1 that believe this should be in 300% gains within a day, I'm happy with the coming months seeing steady gains.. That slight reduction in Debt and positive earnings is nice to see though

Sooooo true it's disgusting..

Another level to that, is that if everyone invested in " Clean Up " operations ( Be it Plastic removals from Oceans / Beaches, REAL recycling projects and materials etc etc etc ). The world would be a much more beautiful place, just sadly no money in it.

I'm thinking I'm worried with my VOD holding.. Looking shaky imo