focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
There seems an unhealthy obsession with other Posters and daily SP’s on this Board , which can only be attributed to the volume of Traders around. Frankly if this falls another 20% I’d be overjoyed to buy a few more, so those of nervous disposition please carry on worryIng about fund raising etc. and others motives , not that anything posted here moves the dial.
China remains Oils wild card. The recent Beijing economic stimulus measures are already working as shown within their August retail sales and factory production data just released. They won’t allow worries about their real estate sector to blow them of course to become the worlds dominant power house, and to achieve that they need Oil, and lots of it . That said too higher an OP and global inflation will quickly bite back.
Trans. Not sure there are any concerned investors, what you’re seeing is Traders churning the SP, they’re not investors. The Company will update when it has knowledge to pass on, that could yet be weeks away but frankly who cares, as is often quoted if you aren’t willing to own a Stock 10 years don’t even think about owning it for 10 minutes. Just let this play out.
Also this is a large commitment by Anavio, they’re not exactly the Blackrocks of this world so quite a level of prior due diligence will already have been carried out. They’ll certainly know more than many that’s for sure !
Hope no one’s still complaining / believing illegal layering or spoofing is going on here. The FCA monitoring systems are there for a reason. Even litigation lawyers Burford failed in their attempt to prove market manipulation against Muddy Waters. You may not like the MM’s rules but the cost of breaking them is reason not to !
There is of course the ongoing “Oil and Gas Fiscal Regime Review” where the Governments Call for Evidence closes 11th Sept. Whether we shall see any subsequent Fiscal tweaking in the Chancellors Autumn Statement on 22nd Nov. remains to be seen, but the fact any Review at all was called must be seen as a positive.
With completion of Financing expected prior to the end of Sept. that should see JV details following soon on, likely to coincidence with production results scheduled for release in Q4. Clearly some can’t wait whilst others will take advantage knowing where WTI is heading !
Often needs time to be digested. Problem is Investors aren’t a patient lot probably cause we’re not getting paid whilst waiting…unlike the BoD’s. That said most should have a smile on their face when finally paid !
No surprise that the JV Partner first wishes to see they are entering into Partnership with a financially viable operator. This was always going to be case and thus quite a big hurdle has just been jumped. All remains good.
Guess for many Investing is just not for them. Do all the research you can and then the CEO balls everything up…it happens, that’s life. Buy a brand new car and some pillock then rams you in the rear….yes annoying but no amount of ranting helps, and no one wants to hear the story more than once. If you want sympathy don’t invest !