Member Info for MaverickD

There is still that gap down around 3.6-3.8 that should fill………I did say there was a gap at 3.9 yesterday and most on the board poured cold water on it and we got there. I have been adding at these points.

Iraq’s oil minister recently said exports would restart at an initial rate of 80,000 barrels per day - the road block was the feeling amongst international oil companies, as there were unresolved concerns over payment guarantees and a legal framework.

The technical groundwork at Ceyhan has already been completed (end of July) and all sides are under pressure to secure revenues. The meeting in Baghdad on 2nd Sept ‘25 was seen as a critical moment to break the deadlock and restore oil exports that are vital to both Iraq and Kurdistan.

Now I have skimmed the internet and I can’t see if an agreement to resolve the impasse has been thrashed out.

Offer is 4.3……

My view is we will see a reversal at this point, however the high today is 5.1 so it remains to be seen how far up it can bounce. Resistance appears 4.6p

Im guessing those with money can now buy at 3.9…….well I did call it earlier, I have added like I said

I added too 4.1 for a smidge

That 67.5p gap is ready to be filled

TLW printing a turnaround from the recent downtrend. We are looking good for a bounce and move back up. Consolidation over it appears to me

The media expecting a deal to be agreed between Baghdad and IOCs, it’s taken time however holders here will be rewarded. The larger buys will set off the Domino’s here

Buys now hitting the deck……oil creeping higher - perfect storm, along with charts supporting a prolonged move higher

Brent 69 now……looking bullish should see the oilies respond

From my position I can’t really lose as this is house money and it’s fair to say it’s one that has always been in my bag for the past 7/8 years. My position in my view is pretty nominal compared to where it was 3/4 days ago

In for another nibble at 4.5

Going down at the min

I’ll be looking to buy around 3.9/4p next

Agreed I think around 12-1pm our time. I added another 5k at 68.3, because not only is there this transformational news, from a chart perspective it looks set to hit 89/90p. Add pipeline reopening and you are looking at £1.10/1.15…….but could over shoot before settling down

If you have locked in dome profits from here perhaps take a look at Genl today - pipeline reopening sign off expected later this afternoon. Also a Zak Mir chart call.

With respect to IMM I took a nibble at 4.5, so I can watch the direction. Will no doubt hear from Peterpharma and Nolupus - can’t be without them after all these years

@Rookie I just shared a view and advised I sold all my holdings in the mid to late 5’s. 5.96 was my highest sell. I did say we could see a shake and albeit we didn’t get it at midday as I felt we might when we were in the 3’s we got an RNS and a follow up and saw a near 100% rise. I had 1m shares and I took some bread off the table at 3.2 as we were up 100% from last Wed. I then sold a little more at 4.5 and then dumped over 400k when in the mid to late 5’s.

Will I buy back? For sure and it will be in tranches like always. Money is money and whatever the strategy we are here to pay the bills not make friends or worry if our opinion clash with others on the board. I’ve been an investor here from 2017, so I have seen the highs and lows. Today was a personal high for me.

Shakes always happen

Did anyone get some at 4.5