Member Info for Nitro182

as in our margins are a lot less

Im talking future production levels without too much investment. If we arent going to invest much into the NS then our production needs to be high around the 200k mark in order to offset the UK tax.

What is the average barrels of oil/gas we can expect over the next 6 years? this year we are forecast to produce between 185k/200k bopd . Any chance of going lower than that in the future without too much capex? we seem to be bringing a few more wells online in the near future so im hoping this will offset the wells that are expiring.

It does make you laugh though , Tullow were up 5% on their RNS news however our SP dropped significantly. Tullows debt is now 1.9billion with less than a quarter of our market cap and they have a massive tax bill from Ghana apparently. Something must be brewing here surely ready for a massive SP boost !

Its meant to be a safe share , unless the government mess around with it.

Day traders love this place. Disappointed that there hasnt been a SP bounce on the TU update so will have to wait for the divi news at year end !

Least itl give us a chance to buy more !

Reduced debt and acquired 2 new premises. This estate will grow rapidly now that trading is continuing to grow. Excellent.

Hoping the US continue to support this rise in SP and oil. Usually now all gains start to decline.

Once we broke 320p last time we flew through to 334p so hopefully we will see the same pattern again ! (took a while to break 320p though)

That rise first thing this morning looks like a short has closed

Lets go ! great SP action this morning.

HBR have taken the cash from the country and will happily run away with it the way things are going instead of re investing it. So HBR will always have the last laugh! Shame on the UK.

Thing is labour are acting as if our economy is broken, but it really isn't. The ftse is breaking records , and the majority of people have either recieved 5% pay rises or record increases in state pensions and benefits aligned with inflation. Our economy is booming and there's only a small amount of people who are suffering. The way Starmer is going he will take labour to new lows just like Corbyn and that goofy Millaband.

Well we are going to go blue now so all is good.

All I know about shares is that once there's continuous dividends being handed out the share price rockets. However here we have the best P/E ratio in the world and its the worst performing stock. Crazy. I'm happy to stay here and take a stake of the $200mill !

Well yesterday on results day there was no media source stating how HBR has made excessive profits in the last year , all that has made the news is hbr's job cuts due to windfall tax. Now is this a pr ploy to get the message out there that the government have tried to tax NS oilers however it is not feasible, therefor the government can now drop the WFT or a percentage of it (due to "job cuts" and the public can now understand without a backlash? With Rishi saying dropping the WFT has saved hundreds of jobs

Thanks for finding out

Let's see where the yanks take this SP

Doesn't seem to be too much support right now however it's soon going to bounce. Lack of investment in this industry and a company full of cash reserves plus guaranteed dividends , this is a great investment.