Member Info for NewKOTB

Yep, now up ~700% off its lows last year..... just wish SQZ were too

Nat Gas fut now 72.730p/therm, up another 10% so far today ...

fleccy, you can't argue with people who still think BT is all only phones.

Closed today ... +12.111%

Gas Futures up a massive 28.4% over last three sessions ... :-)

Now @ 68.04p/therm

Gas Futures up a massive 28.2% over last three sessions ... :-)

Now @ 67.91p/therm

Really hope SQZ are maxing out production atm to make the most of the recent increase in Nat Gas and Brent

Using 66p/therm Gas and $55.50/barrel Brent Opex of $12.60 and Q1 2021 hedges, we are currently, post Opex have an operating margin of $39.91boe (£26.47) per unit boe or £715k/day or £5.0m/week post Opex on a very conservative 27kboepd.... using 35kboepd you have an amazing £926k/day and £6.49m/week post Opex.

atb

No gap 'NEEDS' to be closed.

Yep, 250k, 104k, 75k and plenty of 20k,15k,10k and 6k blocks too so far.

Plenty of decent sized blocks so far today ... ;-)

"UK will end foreign funding for oil and gas projects.... " not exactly sure what that means and how it would be enforced, they can not stop private companies and we don't have any state owned ones either ..... Although it may mean the UK is now able to re-direct this investment inwards ... to NSCS .... :-)

yep, the UK is so far behind the curve and the Chinese for that matter, we still think the earth is flat .

All I can say is the rest of the world should be worried ..... Once Wang Yi concludes his 'tour' of the continent this month ending in the Seychelles (excellent choice to end your tour on btw), then there will only be 5 of the 54 countries to be rounded up and China will be able to have its wicked way, if not already !!! Almost full autonomy to exploit resources / people across any country and be able to 'route' goods anyway they choose...... BRI almost complete in Africa ! ... and to think the Chinese only adopted this approach in 2013 !!

Africa will be forever in China's DEBT and will need to succumb to the tugging of strings by the puppet master Xi !

This while the US are moving towards Civil War, EU is breaking apart and dictatorships appear in vogue atm ..... Oh how China must be loving this atm.

atb

Just got back from sorting out the old boy next door Covid jab at local medical center .... he had the Pfizer one .... second jab early April :-) .... Hopefully he will be able to leave his home afterwards, secure in the knowledge and without fear that he will be OK. Been so afraid to leave his home since March as such has probably aged quicker that otherwise .... Millions of OAP's like him will probably have a good old boogie to 'Knees Up Mother Brown' in Springtime, or as close to that as physically possible.... bless them.

As for SQZ, it certainly had a kick up the backside and a bit of a boogie too, that managed to get our SP moving this week .... I'm looking forward to next week.

atb

Upomega,

"Sassa.My new years resolution is to not curse and moan unless we fall below fair value inmo...."

You do realise, afaik, fair value is 217p ..... Oh well ... lol

atb, stay safe

Brent now through $56 too ... :-)

LOL - LOTS OF LOVE ..... lol

Futures up 16.3% over last two sessions ... :-)

Now @ 61.440p/therm

We had a Corporate Update on 14th Jan last year ...... not unrealistic to expect another one next week.

QC, you make me laugh my friend, implying I lack conversational skills ... lol.

btw ... I'm Red Dot Watching, so no time to chat.

atb

Just another one to add to this mad world :

BT 2019/20
Revenue £22.905 Billion ($31.15 Billion)
Net Profit before tax £2.353 Billion ($3.20 Billion)

Tesla 2019
Revenue $24.6 Billion
Net Loss $862 million

ITM 19/20
Revenue £3.29 million
Net Loss £29 million

BT Market Cap $19.40 Billion
Tesla Market cap $773.52 Billion
ITM Market cap £3.24 Billion

Lots of weird stock valuations out there atm .... still rather be in BT though !

https://www.lse.co.uk/rns/ZIOC/funding-update-x2p5xsuvqt3oqju.html