Member Info for Maverick7

Lol, some people need to chill out, and make less personal comments. I can only see the share price going up and relaxed with my position here when the market gave a wonderful opportunity sub £6.
Let’s see what happens

AA responsibility is to enable share price & company growth, look after shareholders and worry less about his personal controlling stake. Don’t think he can maintain the 27% forever.

Reckon a big placing in the works, why else is the share price in a tight range despite poo going up significantly last few weeks. Increase in shares provides additional liquidity. Funds will either enable a major asset to be acquired, bigger than most think, or the major will take a chunk of RRE in exchange for production

Official figures say it’s now 10.5m per day, it’s probably a lot lower

$100 oil https://oilprice.com/Energy/Energy-General/JP-Morgan-Predicts-100-Oil

Rest in piece DBNO, so sad, your posts are now so desperate, be careful mate and close your shorts, erm too late now, but try first thing on Monday

tipton lad is waiting for £7, he will then go all in with his £50

What you talking about Duster, every company has capex spend, its how you stay ahead of the game and plan for future growth, dont you know the basics

For a company that only has some circa 13m shares in issue, it is surprising that you can sell in quantities. To me that means someone is wanting to stock up on the shares. The share price is being managed.
Corporate action pending, just hope it’s not a private equity looking to snap up the company on the cheap, massive cash pile to snap up and cash still coming in at this oil price. Seen it loads of times before, and usually before the next leg up for the oil price

Brent will be at $40 until we start getting some massive draws or something left field happens

WTI 37.01 who gives a f...
WTI 37.03 who gives a sh..
WTI 37.9 who gives a flying f...

its BRENT you fool and its will be higher in a few weeks time as will PMO

is POWEL a dimwit because you are losing, be careful downbutgettingworseout

hopefully means that news flow to come in the coming weeks

Massive turn around on the Dow Jones, who’s gone short? Bring on tomorrow

Longer the oil price stays at $40, the worse it gets for the shale industry especially with the hedging coming to and end. The rebound is likely to be stronger when the world eventually gets back to normal (that may take a while though)

the broker below is a great site for shorting:

downbutnitoutisa********.com

nothing goes up or down (usually) in a straight line, catching a breath from recent gains. lets see where poo goes in the next few weeks with the updates from API, EIA, US oil production rig numbers etc..
I also think oil production from CV19 hit countries like Iran, Brazil, Russia, Mexico and others has been under stated

Big correction due - lol, Where have you been - we just had the mother of corrections - didn’t you buy anything at the bottom or just carried on shorting

I see that TLW has moved a lot today, is it down to the oil price or is a farm out of Guyana in the works to be announced soon?

with a couple of acquisitions and increase in production over the next couple of years, £100 per share is the target, not forgetting the progressive dividends.

who won the race - Hare or the Tortoise

If PMO moved so much with their acquisition (i have a position there as well), just imagine how much RRE would move with only 12m shares in issue and 60% of those tightly held!!