Member Info for LostAllMyShirts

“A deficit of 20m barrels per day (mb/d) is hitting global [oil market] balances with no sign of relief

Global oil prices could breach the $100 (£74) a barrel mark within days, and reach $150 a barrel by the end of the month, without a solution ​to the severe disruption in crude flows through the strait ‌of Hormuz, Goldman Sachs has warned.

@Justathought Yes I too am happy with way ECO is proceeding, but what does concern me down the line is, WHERE is the Refining going to be carried out ? Plus will there be any tankers left ? If the War continues, and they have hit Iranian refinery today, and Iranians hit Saudi refineries ,will there be the Rfinery Capacity and Tanker capacity available for African/Guyana Oil ?

I am bullish on ECO, always have been, but the jump in price now changes nothing really. OK so it might go to $150 per barrel but it will drop back again .I am much more interested to see the Geographic changes to sourcing of Oil investments in exploration by say India, China and Japan.

@Starving For what its worth, I think we need to put the present oil price out of mind/equation because it is only because of Iran conflict. Much more important is (a) Geographic location of the Oil/Gas and (b) Transportation of Oil & Gas,i.e. tankers availability . My thoughts are that China and Asia will start looking for supplies from West rather than Middle East They will also look longer term, exploration co's etc

@JustaThought This is what I read which scares me where we in UK are headed ,being an Island too, with a Crap Govt ;

https://news.sky.com/story/the-global-economys-worst-nightmare-is-here-and-the-consequences-could-be-scary-13516139

Yes, but the price rise is NOT the "type" we need, the type we need is because of economic need, NOT lack of supply/war as that can change in an instant. I think the main thing now will be Geographic location of the Oil/Gas AND availability of tankers, etc etc to transport said Oil/Gas

I am happy with the way ECO is going and where it is headed price wise. My thinking has now turned more to the larger scenario of World oil & Gas market, and specifically the straits of hormuz. IF that is shut for much longer THEN firstly they will NOT have enough storage available so what then, shut down the oil fields ? What about the tankers ,will they all be left with Oil in and unable to be used ? Need to think more broadly, NOT just pinpoint on ECO.

Remember Warren Buffett's saying, "When everyone is selling I AM BUYING"

"Bottom" they May have Knwon, but the point is did any INSIDERS Sell Shares before Assay Results

Damers, Yes I agree with you .Unless there is something in the REE assays we are not seeing yet. Thinking about is Maybe Metallium and NFM knew this and is why Metallium offered Pomme to NFM, and why the Metallium share price has struggled recently. Be interested to see if either Metallium or NFM Directors sold any shares recently ??

I have been in NFM for 3 years and am happy with their Tenements in Oz as I have good feeling all will come right. These things are never set in stone, thats what exploration is, risky ,you may find you may not find, but I am happy with NFM.

Thanks Damers I have read on MarketIndex but good reminder . Comments 1. The reason NFM is down and many many other Australian mining stocks too IS *NOT* ,repeat *NOT* anything to do with NFM specifically But because China put some kind of "suggestion" out regarding BHP and shipments which was wrongly taken as law 2. The Tungsten is very good , and also the Rare Earths are fine and anyone trying to say otherwise has a SHORT agenda/is lying.

I am happy with NFM, not happy with China thing. Here read for self;

https://stockhead.com.au/news/lunch-wrap-asx-underwater-as-iron-ore-miners-sink-on-china-warning/?utm_medium=email&utm_campaign=Lunchtime

And Yes I am personally invested in all of Sintana, United Oil & Gas, ECO, Corcel ,Stamper at about £10k each some year or more ago, some recent. ECO I was average about 11 or 12. Stamper I really really rate for their Blocks which are in Prime "Namibia real estate"

@Drumnatiny no problem. Sintana, United Oil & Gas, ECO, Corcel ,Stamper all very good safe bets I believe. But do you own research coz im not God.

Ah you found him, yes Sintana. He is a very very astute person and come across well, like Gil does. Look at this Video. There are 2 very knowledgeable people in the Oil & Gas. Listen to end case you miss what they say about CORCEL (which is better than any Analyst can opine (as analysts often do not have experience )

https://www.youtube.com/watch?v=1s1noTFpvKM

THAT is my favourite Video clip so far.

If the Piston Cores are positive then I would be very very excited about prospects for UOG. Let's say we then get a farm in with large company I think that long term having a very large Oil reservoir/s in Jamaica would be of great interest to the World looking for supplies outside of the Middle East . I dont want to try and guess what SP rise to but has surely to be 3- 5 times on positive Piston Cores

If there is one person/CEO I have faith in in Oil & Gas industry it is Gil Holzman. Also Robert Bose. Both professionals.

"Starvin", we will ALL be "Starvin" soon if we dont watch out and Trump stays in power. Pedro Sanchez is my "hero" and good Politician as he tell Trump "where to get off" lol. Anyway nuff of that. Ive got Sintana, got ECO ,Got UOG, Got Stamper and some others I cant think now. Stamper I think is a really good Buy at moment, 14% down yeterday (not me I was in at less) , but thats fine. Oh and PCL, but thats a "pig" at mo.

Sintana is a good Buy. With 40% carried interest and 60% Chevron ,Chevron paying all the Seismic expenses;

TORONTO, MARCH 3, 2026 — Sintana Energy Inc. (TSX-V: SEI, AIM: SEI, OTCQX: SEUSF) (“Sintana” or the “Company”) is pleased to announce that the planned 3D seismic acquisition campaign on AREA OFF-1, offshore Uruguay, has commenced.