Member Info for molokai

is it true that the local people to Itumbula have very high pitched squeeky voices?...... ;-)

@dai2belts.... Im not sure, just goes to show that I dont follow the acronym Dyor..!... I know a little of the involvement/link within Tanzania so maybe a few doors opened because of that? Anyone who has been around the aim oilers for a decade or more is probably aware of the friends/ghosts of Leni.
Anyway, hopefully this is a side show of what He1 can deliver.

Ive got a modest holding in HE1... I would have added more but thanks to this bb ive now seen that Solo (Ritson) are invested. Ive not been impressed with some of the antics of Leni gas over the years so will paying a bit more attention to how this HE1 project plays out... it could well multi bag but equally I dont want to be holding empty bags either...

I can’t make this bank out! For months they’ve been delaying the opening of new business accounts, I have a few personal accounts but need a business account promptly. You can now open a business account as a sole trader but not multi shareholder/director business accounts....
come on metro get on the case!

Btw.... bizarrely I’m still holding shares fwiw.....

Looks like I’m in good company here.... traders guide of missed opportunities..... shed load of shares in bpc this year flushed.. but hey- I’m due to get my jab in less than 6 weeks, then I can f’off to the sun... maybe a saga trip (or is that only for over 55s?)

I had a quick trade on this yesterday morning, 3.55- 3.70 , then watched it climb rapidly to almost £4.
I’ll see how it settles down and will be buying back in , hopefully for the next run up.6 months should see it closer to £5 once the silver pound get spending again...

Ive bought back in today, because I'm a glutton for punishment.. but one thing that does irritate me with Metro is that they will not open any new business accounts. I have a few business accounts with other banks and 3 personal accounts with metro... but they cannot give me a date when they will start accepting new business accounts.... Baffling to me...

I like what Ive read about BSE. Bought a few to leave in the ISA.

Hi Michaelfleming... Ive been in COBR on and off for sometime now, soem good oppportunities (BPC.. I had a long trading history on that one, 11 years in all, so although I was holding 4m shares on d-day it wasnt that bad.....still holding 600k....the party is over though for me).
Im expecting a nice return with COBR for 2021...
Hope it all goes to plan for you.

No.... not an update from Zac... his fanciful predictions are generally the kiss of death on my holdings... keep us off the radar until 10p- then Zac can let rip to his hearts content.

I said to Mrs Molokai its about time we bought GSK, that was at £12.85, we didnt, but now it has to be the point of getting some. £12? is that the bottom or is the company split putting the market at so much unease..? will it therefore get pushed lower, at least until the bod step up?
These are questions im pondering on a keyboard... so dont feel compelled to reply.
The 30 day chart looks more like an AIM oil share!

Yep, break even under $50 brent makes it commercial at current levels....not bad for 700m of heavy.
I'm Very content to keep adding at sub 25p

I have to be honest, at £5.50 I thought that was the ceiling and I sold out, didn’t think it would March onto a £6 billion store... well done if you held, I’d expect them to announce another special soon enough...

Alwaysone..... it’s all about the profit you gain in the end... I’ve traded this a number of times and made more by doing that rather than waiting for the final results, I very much doubt I’m alone in that approach.
I’ve now bought back into this btw..
ps.... I could write a book on the number of times I’ve sold too early or hung around too long!

Should be another update by end of Feb.. I rolled some dividend funds into this today.... shows as a sell but def my buy today.
11-Feb-21 13:53:29 23.64 60,000 Sell* 14.18k

Prussell1963.... you are correct in your calculations, don’t forget however that you may be liable for tax on dividends received. Currently zero rate upto £2k, but if you go over that threshold the rate moves upto 7% and if you move into the higher rate it’s 32.5% tax.
Retaining the shares in a normal share trade account is fine if you won’t cross the £2k tax rate- that’s all dividends through the year btw..
I’m no tax advisor..... I’m just someone who pays tax!
Gl with your money

Ive been mulling this over for some weeks, I have 10,000 shares in my share isa and 20,000 in my normal trading account. I initially thought the SD would work in my favour and a nice bonus, but today decided to sell the 20,000 in my trade account. The divi tax rate of upto 32.5% for me, will imo out weigh the benefit of receiving the £10k divi combined with the 19/15 cosolidation. Ill keep the isa shares and see how things settle at the end of feb,
Need to buy back in at some point as year end results should be fun

I’m sure Potter would keep drilling the entire basin for months just to be proved he chose the right location... a sidetrack should do the job...in any case in 10 days the pay meter goes into overdrive...
Thursday 18th champagne brunch booked Casa Molokai..
I’m Still all in for results....

if you are new to bpc maybe have a read up on the backstory of the 2014 campaign by Zarubezhneft......$100m down the crapper.....they should have listened to Potter

Cuba is concentrating on North West of Island, next license sell off is this year...
Oil companies that are already present in Cuba are Canada's Sherritt International, Russia's Zarubezhneft, China's state-owned CNPC subsidiary Great Wall Drilling and Australian independent Melbana. The only one of the companies that is producing hydrocarbons is Sherritt.