Member Info for NICODEMUS63

Intetesting article Fulmar. Trump constantly worrying in regards to reliance on China for REE However, yhat's the first serious article I've seen regarding the EU starting to realise this isn't a great situation to be in.

Maybe the UK will be the next to start stressing, particarly as matters ìn Hong Kong are likely to flare up again sometime soon.

Ask ourselves-

How many very small oil companies (Bloe is micro cap to be honest) have the confident backing such a big beast as Schlum? You'd be hard pressed to find many..

Oncevthings dtsrt moving, potential investors will be looking at whonee are hooked up with. I certainly do when investing in a small company as a speculative punt. I recently bought into RBW and it was thd fact that their partners are ThysennKrupp that clinched it for me.

Yeah Tiger, beginning to think a rise is a good thing. The oil rig count was down another 3, reckon most Permian frackers are doomed irrespective of whether WTI $40 or $50.

Be good to end the day above $43.33 WTI $46.66 Brent -Next stop then, $45 and $50

Excellent piece of advice GRH and I intend to follow it. I'm that convinced that my portfollio (50% of total is in PRD ) will have at least doubled by next April, I'm sitting tight and looking at nothing else. Don't want temption because the grass can always seem greener elsewhere.

You've hit the nail on the head Geo and answered your own question, 'Schlum..worlds's biggest....'

They want to concentrate on core business, all the big boys are reeling in and battening down the hatches to weather the storm.

Think historically, running an empire for example. In times of plenty, you can expand and make further conquests.

In times of strife you don't want to spread your armies to thinly, you pull back as your priority is tobensure your homeland is secure and under control, leave trusted allies in charge of outposts..

(Unless you are Boris, then you run off, hide and hope everything will blow over- fiddling while Rome burns..) best say no.more, don't want to get banged up...

Sea. That was s very well worded piece regsrding Schlum, couldn't have put it better myself. They are effectively contracting the management out to Bloe, because, big for us is small for them and means they save a fortune by no.longer needing to.maintain a presence in Georgia.

I've seen so.many posters questioning why they are pulling out if it is potentially profitable but the same is happening world wide. Big Beasts like Exonn and Texaco are pulling out of profitable projects in Surniam and Guyana simply to concerntrate on core, rather than fringe assets.

Gregory, I've honestly decided to be kinder and more thoughtful towards others....not everyone appreciates losing sackfuls of cash.

I've just recently took a couple of grand as a long shot punt on.the new director. However, I was very frustrated because each time I look on the board for a feeling of how things are going, I see burning anger and negativity from a lot of LTHs. Apologies, you just happened to.be the poster in mearest in my sights. Good luck and hope you.manage to recoup at least some of your losses. Nic

For most of us, it's tempting to diss the candles and charts as nonsensical as astrology. However MMM read yesterday's uptick spot in before any trades had even come in, so I'm prepared to keep an open mind. (particularly when the runes are looking favourable)

No one stole your money Gregory. Get ovet it, next time stick a stop loss on your account don't Otherwise your stick your savings in a Santander123 account or buy Amazon, Apple of IBM. Gambling isn"t for you.

Lovelyboy. Biden is promising tens of thousands of he gets in. On the other hand, Trump's obsession with ending China's REE dominance plays right into our hands as well.

Also noticed US nimbys already kicking up stink big time about not wanting windmills on their manor (as if space was an issue there) Hopefully that will.mean mega farms at sea. Out of sight out of mind, rather like off shore oil rigs, they don't generally bother snyone who can't see them. Off shore turbines need the bigger 5mw spec so I believe. Happy days all round.$$$

https://oilprice.com/Latest-Energy-News/World-News/California-To-Add-38000-Electric-Vehicle-Charging-Stations.html

Got to be a good thing for anyone in the business of REE. Extinction Rebellion kicking off again big time and we're going to be providing the materials for EV engines and wind farm turbines.

11:1 buy/sell ratio so far today. One latge sell can flip it in an instance with only £40k worth of trades... but it shows buying confidence is building amongst small PIs.

Would be nice Adonis. Were you aware that Monday 31 Aug is a national holiday (Independence Day) in T & T as well?

I must get out more..

That's the spirit Blissful, a nice dose of Bank Holiday weekend positivity.....I'm taking solace in the increasing number of countires added to the 'no fly zone' . T &T is now just one of a ever elongating list of countries non grata that is fast becoming meaningless.. Let's hope the Moroccan government decides to lighten up a little sometime soon as well.

Nice one MMM, I can't read the candlestick runes. A dark art akin to reading form at the races, life's to short for me to learn and there's usually someone to hand who can.

4p to buy going into the weekend break would be a spendid result for us today...not hoping for anything more but you never know..

https://malcysblog.us7.list-manage.com/track/click?u=4b5aaf1e56ff28c6b6add1eef&id=28799fc97d&e=1b8e49c36c

Very positive write up on IOG in today's Malcy blog..

Nice article MMM. Touchstone certainly seem to be going places. Whether they have been helped along by working in partnership with Hertitage , I wouldn't know but it's certainly done them no harm.

https://www.malcysblog.com/category/daily-blog/

Nice mention in Malcy's blog today.

Is this Mike31 from Croydon? who has shares in MATD and has to go to Pattaya to find 'friendship'.

Must have saved a fortune since Thailand locked down. Hope you've chosen better shares to dabble in with your savings Mike..

Good article Chancers, balanced as well being Guyanese , no vested intetest, simply using T &T diminished oil industry as a cautionary tale.

The T &T govt are quite obviously very worried having milked the cash cow dry. I believe if we can help them out of this hole with EOR, we will be richly rewarded.