Member Info for MaverickD

Watch the shake - don't panic

Taking at 20, so don't panic on the shake

Should break through 20 - last of the clearing done and then onwards

I added again, as this will trend so much higher - I am looking at a return to 40p and then some - remember we were £2

Should get back to over 50p - getting the traders out

Lets see it! Great news on an oil draw - cuts working quicker than expected. You can expect Oil move into a full Bull run

I do believe £1 is realistic, although it can move up fairly quickly. I think some investors will be repositioning today!

Should soar now - all the best holders we should really get going

Oil draw down - oil flying. Expectation was a build, but we have 800k draw!

The buying opportunity was there the trend is upwards - higher lows and higher highs. Would be nice to get into the 30's and go from there. Long term £1+ easy. With additional production coming online and better wholesale prices. There could well also be a takeover - Samuel has been adding fairly regularly and the RBL redetermination and Uganda sale big positives. Oh and on the Uganda Sale there may be a silver lining, CNNOC are interested and may well pay a better fee for their portion as joint operator with Total - watch this space. $575m agreed with Total, but CNNOC has an option on 50% of the disposal and we may get better terms......we will see.

There is plenty going on - Goldman and Samuel Dossou-Aworet (Petrolin Group) have been buying, Samuel holds 13.07% of all stock, we have hedges in at $57 for 60% of output for the rest of the year and 40% hedged at $52 for 2021, Kenya asset sale to bring in a further $350-400M, Oil Prices are looking to rebound and have been moving nicely aided by cuts in production that are deeper than agreed and lockdowns lifting.

I am expecting a rebound to 30p, so eagerly awaiting EIA data - not long to go

Not disputing the potential here not at all, I hold but just pointing out what will probably happen that's all. Just be warned. There is a gap fill over at TLW which has been consolidating all week.

The gap today and now I want to see this break through 27p - oil is nicely moving up and I think a smaller build to be confirmed and then we should on track for Brent to get past $33.

Well some criticised me for saying there was a gap fill, I have watched this one a fair bit and feel there will be that retest later. JPM are unloading and that's the only reason we have been held back. I am just pointing it out to other who might panic

Once JPM re done selling we should be ok.

I do think that when the US market opens the MMs will retest that low of around 24.6p, but that should be used as an opportunity to buy.

Yes and with a vengeance - feel sorry for those that were shaken out

Thing is we know they will be good - cash in bank equates to market cap, profits restated and branches open and trading, IKO buying. This seems a solid recovery play - I am just shocked I managed to get any at what was the gap!

Should now open a path back to 28-30p pre results and post 40p+