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when over-preoccupied by today's PoO, is that PMO have to make their FID and then sanction decisions on what the PoO is likely to be at first oil and thereafter and of course, for how long before PoO finally collapses..

Pressing your noses against the window looking too closely at today's statistics means you can't see clearly any more.

Of course, the shorters don't care about that (which is helpful in identifying who they are), but if you believe in this project, then don't allow yourself to be side-tracked by those with a different agenda, even if, in the end, we're all trying to make money.

While trading a small amount just to turn a few pennies, right now my strategy is to have the bulk of my bet staying on RKH, as not only does FID announcement approach rapidly, but other announcements are distinctly possible.
You just have to be prepared to see the value of your bet fluctuate and not panic.
Trying to be too clever usually results in disappointment.

BTW, Rabbit, if you trawl the news items, you can find as many stating categorically that production will be cut post-G20/OPEC+, with a corresponding rise in POO, as you can find others stating the precise opposite, so:
- don't waste your time reading all the conflicting news items by "experts" who have no more idea than the rest of us;
- don't waste our time posting those news forecasts here, particularly only those that suit what you want to hear;;
- be like the sensible ones: just be patient and you'll eventually hear the actual answer.

what the Eff has the smell of coffee got to do with this?

Go and nibble some carrots, Rabbit.
You might just about be able to get your head (or at least your teeth) around that!

Yes Rabbit (that's a carrot nibbler isn't it?), we all know that, but please apply this to RKH/PMO.

What's your game CarrotNibbler?
Just a disrupter?

Of course no one knows whats going to happen, that's the fun/agony of betting.

However, who's just grabbed 3 Ukrainian warships? One of the participants in the OPEC+ meeting on 6/12/18.

Then there's the Saudis and Khashoggi, with Trump leaning on them to increase production, in return for which he won't condemn them to much in public.

It's bonkers at the moment and no one would want to put their shirt on it right now, except in the longer term, POO will recover, but right now?

Come on Carrot, you're living in a fantasy world, if you really believe that.
Don't forget, this could become part of UK's energy independence, after we put Hinkley into the hands of the French and Chinese for nuclear technology that still can't be made to work.
Next with the Japanese (Toshiba) in another UK nuclear deal that's just gone tits-up because Toshiba realise it isn't economical.
And now you're suggesting after all that fabulous experience the Chinese be handed the management of the FI region - did you actually read what Anthony Bolton had to say?

Anyone thought about what the FIG (and HMG) might have to say about the Chinese managing this?
Maybe ditch the sheep and grow rice instead?
Anyway, I reckon we're perfectly capable of keeping the Argies under control, but that's not really how anyone would want it to be, far better to be on the better terms we're enjoying now with Macri.

Maybe the next lot of Peronists won't be as bad as the de Kirchners, but Argentina is a bit of a cauldron - see the football riots over the weekend? Well "Las Malvinas" could probably get them going again, especially if their economy goes down the tubes, as that seems to be the default distraction to keep a failing Argentinean government in power.

Bloody 'ell, have you any idea what you're wishing, even if joking, about having Chinese involvement?
Christ, they must be some of the most unscrupulous of them all, perhaps worse than the Yanks.

Anyone suggesting this and who's not joking, must be completely barking.
You only have to ask Anthony Bolton about running Chinese funds from Hong Kong, for example:
https://citywire.co.uk/funds-insider/news/anthony-bolton-the-chinese-are-great-liars/a743980

Interesting that Kurgy, Ralphy, etc "ignore" those who challenge them, rather than stand their ground and argue their case, possibly winning them over.
Putting those who disagree with you on ignore says a lot about you and your confidence in your postings.
Whatever the case, it certainly isn't "discussion".

I live quite simply, don't like overt profligacy and find it hard to understand why anyone would want to accumulate more than they can reasonably be expected to spend in 10 lifetimes, but that means I wouldn't make a good tycoon.

You just have to understand that the sort of people who can make the impossible happen, also tend to be motivated differently from those who dream about a £70k salary and working from Watford (as some suggest), or "Grotford" as it's known locally.
Of course, some are no more than crooks, like Robert Maxwell and some more recent examples, including Carlos Ghosn, who think it's OK to fiddle the books to fill their pockets.

What we don't know is exactly what Sam & Co. are doing to justify their life style in London - on the face of it, not a lot, but it could be that RKH's mere survival has been a major achievement, by comparison with so many others that have recently gone to the wall.

I remember, some years ago, the equivalents of the CarrotNibbler, Kurgy, Ralphy, etc. moaning like hell about the BoD buying non-FI assets in Italy and Egypt, instead of saving the "our" precious cash, or distributing it to shareholders in the way that villain Crispin Odey tried - remember him? He bloody nearly made off with his bit of half the cash from PMO – remember that?
Then the CarrotNibblers, Kurgys, Ralphys, etc. of the day moaned like hell because they weren’t going to get their share of the cash.
If that lot had got their way, we probably wouldn’t be here now.
So what exactly are Sam and his mates doing to justify the money and that ridiculous, expensive London address?

Only Sam & Co can answer that, but we’re still here, solvent, no debt and the prospect of increasing revenue. If you’re bothered about the PoO, that’s not Sam's fault, so let's see how he manages things from here.

OK, it's not great right now, but that applies across the board, not just to RKH and part of that's because the timid have fled in a panic.

"you and me" please

A while back we were discussing alleged signals by MMs, through trading specific share numbers in certain sequences and I don't think anyone came up with the answer for that occasion.

This morning, a number of trades, mainly buys, in particular buys of 19, 16, 10, 9, 7, 5, 4, 3, 2, 2, between 09:17 and 09:50.
Is this some sort of warning to await the "1", or what and what happens then?
There seem too many trades to be someone tidying-up their portfolio and I can't really see anyone buying so few, so close together just to top-up.

sounds to me, buster, that you're just bitter & twisted 'cos you clearly haven't a bloody clue about trading shares, missed opportunities and lost a shed load in the process and now it's everyone else's fault.

If by "ramper", you refer to those who haven't lost a packet, or may even have made a profit, then count me in.

I'd grow some balls if I were in your place.

I don't think the Macaronis can drag this process out, in the way they do in their own Courts, which is part of the reason ECT was chosen.
Environmentalists moan that the ECT is unfairly weighted in favour of claimants and part of that unfairness is that the claimants are not only very likely to win their claim, there isn't much opportunity for prolonged appeals and the claimant can seize assets, as redon posted below.

Knowing the Macaronis, no doubt they'll find some way of stringing it out, but not in the way they do at home - this time they are bound to follow the ECT process, which unfortunately for them, IS unfair, but as claimant, why should we bother about that?!!

As I said earlier, Ralphy & Kurgy are really Statler & Waldorf (i.e. Muppets)!!

FWIW, I think I've topped-up all I need, as most is in ISAs and if I top-up any more, I could be incurring a lot of tax liability and unnecessary admin to go with it.

If you think you've got enough AND you believe in this, then my advice right now would be: For Christ's sake don't be rattled by the lemmings and DON'T SELL (rather than how many more shall I buy?).

Hello Ralphy

You, Kurgy and the rest remind me of Statler & Waldorf (the Muppets).

Shouting rubbish from the balcony and when one starts, the others join in!

I think if you set an inflexible range (e.g. 15 to 20p), you might miss an opportunity.

I've done exactly that in the past and sometimes it works (i.e. you wait for THE moment) and sometimes it doesn't (i.e. THE moment never happens).
I think you have to add to your buy/sell range other factors such as what the charts are saying and the current trend, plus any news items that might suddenly change the basis for any range you have set (e.g. cold fusion really does work and we'll all get limitless free energy, with the only by-product being water, or some terrible disease has come from outer space, and has wiped-out half the World's population, etc.!).