focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Fildered
Really, your a member since 5th May, obviously dont own shares but you have 17 posts in 3 days. The very appearance of posters like yourself Bobby makes one wonder why? Not me though.
Does Hercules want to own the drug which you earlier stated was failed?
Baysil, I get it. You are negative on the markets. They are over valued. 2nd qtr earnings will shock. Facebook, Google etc to suffer. No advertisement revenues etcetc
What about oil, will money move to something tangible?
There will be a new deal with BP, cashless or in someway connected to zama. That's my opinion only. It maybe the case that tolmount 25% is renegotiated and that deal will raise cash for a decent size dilution. But no longer the 500million dollars + costs.
Did BP do a sizable deal with Enquest for Magnus and that terminal.
I agree shale isn't finished, bit the low production tier 2 or 3 acreages will struggle big time. The finance just wont be available as previously. That money will go elsewhere. Shale will likely become swing production as its perfectly suited too. Short cycle.
Shell dumped Marcellus, Gas acreage I believe.
Yeah yeah tanya, just another 1.4billion to go.
I just took a few shares here, wishing everyone gains whatever their up to.
I dont think half a million shares is a lot considering theres 1.4billion shares in issue.
Can anyone advise what the impact of the OPEC + cuts will be, I calculate that they will remove
Phase 1. 582 mbo from market to end June
Phase 2. 1.4 billion bbls between July and Dec
Phase 3. 2.82 billion bbls between Jan 21 and April 22.
That without the figures for US and other peoducer cuts.
So OPEC have been approved by the US etc to curtail production to the tune of almost 5billion barrels of oil in a 2 year period. 50 days of precovid world demand or more than 2 times worlds storage capacity.
These are massive numbers, even without additional cuts as are happening daily from non opec
It depends on timeframes I think, the markets are over weighted with FANG and equivalents, these or some of them will get bludgeoned in 2nd qtr updates. Money will move to what's been bludgeoned already. Energy is going to benefit, to an extent that depends on pace of recovery in oil demand. For sure aviation will struggle but all indicators are pointing to more car trips as people remain cautious about mixing.