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604p.
just post on the A to the D to the V and the F and the N.
Sarah Dees had a grand total of zero of my posts removed, even when morons were reporting them trying to get them down, because she has zero influence there. She very rightly gets told to do one.
If LSE isn't serving the purpose it's two clicks to migrate. Or if you think it's likely to get removed just carbon copy to said website above and reference the post number here if needed.
Sound have always seemed to think that you can moderate the internet and deleting things means they never happened.
Groover: the Going Concern section from the update last week will give you good insight to lender stance in 'worse-case' scenarios.
Check it out. Worse case of course somewhat of a loose term right now...
Pride. Someone comes along and tries to bend you over, your natural reaction is to resist.
However it's their fault. They didn't sufficiently patch the VPN (allegedly). I read the ransom at £6m (or $6m).Personally I would have paid it, fired my SysAdmins, and put it down to experience.
Friday's after hours RNS confirms the financils which is excellent news as this was the driver for the initial falls from 180p. You might argue that's enough to take the SP back to pre-pledge levels (130-140p).
The pledge stuff I don't fully understand. May be enough that the shares are not for sale, forced or otherwise.
hafeez1: Keep it cool. Hindsight is worthless. I know the feeling. I've sat on a singular, totally outsized position (a third of my entire net worth) for 14 months waiting for it to come back, which it eventually did.
Look, KAZ ain't going anywhere. You've already looked at the chart. Your average isn't outlandish and for heavens sake just a few sessions ago, intra-day, KAZ pretty much kissed your average!
So come on, as long as you've stuck to the golden rule, you don't need the money right now. I don't agree with switching the screen off. Keep at it. Check the price. Stay in the market. Enjoy the ride. Keep posting. Moan on the down days. Rejoice when KAZ rediscovers the 5 handle. Roll your eyes as it hovers around 589 forever as if in personal slight against your 592 ;)
...because KAZ will visit 592 again, and most likely very relatively soon. The volatility means there's a ton of cash held by guys like me waiting to drive the SP up that'll take you back there. If you wouldn't take a £5k hit then the £92k means nothing. You want to close at breakeven minimum. You and me know you're ride or die. Like I said; been there done that.
Good luck, man. The virus is temporary noise. You know that. The world needs copper and copper needs KAZ.
ARCM's statement has been discussed already today, however you all missed the best bit:
https://arcmcap.com/ARCM_Response_to_Premier_Oil_PLC_V2.pdf
Look at the page footer. Readers are cordially invited to reach the company, I kid you not, via a technology called "facsimile".
ARCM: the fund that's 2 steps behind the market, and 15 years behind the rest of the world. What an absolute bunch of jokers.
A live audio webcast and conference call for analysts and investors will be held today at 9.30 a.m GMT.
Webcast access: www.premier-oil.com
Dial-in details are: +44 (0)20 3936 2999. Access code: 478690
I remember TCG under Harriet. Went up 30% on the day.
I spotted the 4k bot a few days ago. I don't know if it's buying or selling.
Positive spin over the weekend with regard to a China trade deal, but oil doesn't seem to want to play either.
RIP TLW -we tip a beer for our homies.
My C&P from ADVFN. Do a bit of Googling on this folks. Important to know.
hxxp://www.imo.org/en/MediaCentre/HotTopics/Pages/Sulphur-2020.aspx
"What is IMO 2020?
The International Maritime Organisation (IMO) has ruled that from 1 January 2020, marine sector emissions in international waters be slashed. The marine sector will have to reduce sulphur emissions by over 80% by switching to lower sulphur fuels. The current maximum fuel oil sulphur limit of 3.5 weight percent (wt%) will fall to 0.5 wt%. IMO 2020 regulations will see the largest reduction in the sulphur content of a transportation fuel undertaken at one time".
"According to S&P Platts, the sulphur limit could add up to US$7.0/bbl on top of the current crude oil price as refineries will need more oil to maximize middle distillate production. Using this estimate, this would move crude oil into the US$67-72/bbl price territory in 2020 (other things unchanged)".
One of the lowest sulphur content assets in the world? Yep you've guessed it -the North Sea.
Premier have been clear on this, imo. From the HY results:
"The Group's immediate priority is to further strengthen its balance sheet and this, together with significant industry interest, has led to Premier initiating a formal sales process for its interest in the Zama field which, if successful, will result in a material reduction in debt levels".
NSTAbz:
"Goldman Sachs is an investment bank and not a hedge fund so you will not find them explicitly on short tracker."
"Please do some basic research..."
https://www.shorttracker.co.uk/manager/the-goldman-sachs-group-inc/
Gioldman aren't reportable short PMO -though they are facilitating shorts on PMO through borrow. Big difference, and that's why we don't see PMO in their short profile linked above, not because "they're an investment bank".
It doesn't matter the nature of entity -reportable is reportable. Further reading: https://www.fca.org.uk/markets/short-selling/notification-and-disclosure-net-short-positions
TR61: in short, you should give your broker a pat on the back. They got you a price slightly biased to the bid rather than the ask. Great job!
This forces the systems to guess (and it is only ever a guess) that your trade was a sell, as it was biased to the bid.