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Oil at $65 as I type.

We’re now in official ‘Sealion flies at this price’ territory.

Just a few more months...

Mogger another brilliant spot.

Game on .... Q2 it is ........... how exciting! :)

Hawkey .. not if this is to be believed.......

Sea Lion project to mandate banks in Q2 2019

12 February 2019

Premier Oil and Rockhopper Exploration are expected to complete bank mandates in Q2 2019 for the financing of the $1.5 billion Sea Lion oil field

https://www.txfnews.com/

Hey Ovets,

It may well have been you that got me on side with the theory. To be honest I've been saying it for as long as I can remember if you look back at my posts, however at some point there would have been a catalyst and it may well have been you.

Alternatively it could be a case of 'great minds think alike'.

Hopefully Tony Durrant has a similarly great mind .......

Good find Hawkey.

To my mind this kind of thing is exactly why we’ll seek to cash in Zama and plum for Sealion where we have complete control of our own destiny and huge upside via Isobel and other close by fields. These have the potential to turn us into a 200k + barrels a day company whilst enjoying some of the lowest tax rates in the world.

Once debt is below £2bn dividends can resume and a major price re rating here.

Agree Nigoil.

You only have to look at the volume here to see that no-one is taking up any positions ahead of a decision.

Volume at these levels represents less than £100k of trading in a whole day in real terms.

I go back to my theory of Premier proving up Zama, flogging it, getting debt below £2bn which allows them to start paying dividends again followed by Sealion FID and sanction which gives them total control over a huge oil field and control of their own destiny.

Ralph noooooooo! Go and put on your happy wig. Positive thought and all that. You know you can do it! :)

Perhaps the calm before the storm .... we can but hope .....

Just wondering whether any one has some pictures of newly painted walls / paint drying that we could perhaps view whilst waiting for something to happen here? It would certainly be more entertaining than RKH s shareprice.

Volume is miniscule ... bored, bored, bored ..........

Good to see oil continuing to recover towards the $65 Sealion no brainer level.

Can I suggest we all report fuddstone for using racist slander?

Fuddstone your post is completely unacceptable. White english is not an offensive term but a descriptive one in the same way as describing someone as 'fat'. Neither are outlawed or deemed to be inappropriate.

Sadly much of the racism that does exist is because of people like you trying to cause an issue where there isn't one. You should be ashamed.

Ovets,

Totally support you here.

I just filled in a government form which asked me for my ethnicity and the term that applied to me was 'White British' ......not a million miles away from White English used in your description.

I am white, I was born in England so would expect to be described as White English or British for the purposes of recording my ethnicity.

It's no coincidence that the idiots on here immediately try and play the political correctness card when they have lost an argument.

Oh the joy of keyboard warriors. .......

Great find rpoodle. I certainly hadn’t seen this.

Good to hear him confirming that as part of the developmentt of Sealion they will be appraising Isobel.

You may recall that this had been hotly disputed on this board some time ago. Isobel promises to be as big if not bigger than Sealion and could push up a rising share price as we head towards first oil inexorably.

If we can just break this we should move very quickly to 31p .. next week may be the week to get the over due recovery going

Can't remember who it was that posted on here recently, but not paying within the 90 days really isn't an option for the Republic of Italy or any other nation. The Energy Charter was put to gather in such a way that state assets can be frozen or taken and it would stand a as default on your record too. The risk of non payment was therefore covered off by the Treaty to ensure it had some teeth.

They will pay one way or another or have the money / assets taken from them.

This year Yanbu, this year......hang on in there!

Absolutely none of it IAmNotAnAnalyst .. market cap is around £95 million of which some is cash an other assets.

Even the carry from PMO isn't priced in nor the oil in Sealion yet alone Isobel.

It's why there is so much upside here .. the market and price basically says there's no oil coming out and that you'll get nothing from Ombrina Mare.

I beg to differ

Looks like the big buyer from yesterday is back again with another 100k plus purchase.....

Yup someone is definitely taking a position here.

Hopefully they’re not done yet and they’ll be the catalyst for a move up back to the 30s.

I am reckon this will gap up to 25p tomorrow which is the resistance level . Get through that and we should move back to the thirties pretty quickly.

As always worth plotting against PMO. The two are almost as inseparable as Nigoil and Ralphie!??

Nice to see a couple of buys of 250k and 150k respectively this morning at above the Ask.

Someone wants in perhaps?