Member Info for petethestreet

Greenmachine67. I didn’t quite hit a 6 figure loss but close. £60k up at one point but then I was looking at £2:50 to come. good luck.
I’ve read enough picking over the bones here.
Thanks to all on this BB which has been one of the most intelligent (if as it turns out ill informed).

Assume you’re out now. I bailed at the interference RNS at 6.6p netting a loss that I dare not say.
Lesson learned however - you can lose a lot of money but life goes on. Changed my view to risk bizarrely in that I am less risk averse now but take more advice. GL - you’re a ‘67 as I am. I’m a bit kissed off I spent so much energy on HUR for the last 6 years of my life...

But you remained invested GM?

... run for the hills.
With hindsight we should have all left with AS.
Such a promising story and a sad end.
GL to those still holding. There seems so little positives here and I think in a way proven by no dead cat bounce. It simply flat lined.

There was just a bit of speculation yesterday. Sorry to those that lost their shirts. I did some time back here. On a recent punt just lost a wee bit again.
So Lemonfool were right with the water issue. I hope Sipnoob had bailed as too escargot PiJoe and all the old gang. Ghengis you were optimistic but balanced. Fuel cell tech for me now. If you are hugely down and super stressed we’ve all been there . You’ll be OK.
Last one out can you get the lights.
Good bye Hur it’s been a ride.
ATB
PTS

Fair enough.

Olly I hope it’s good but I cannot for the life of me understand why they’d leave the resource and operations update so last minute to announce. No point second guessing now though. GL

..wait til the last minute to update?

Dipping a very small toe back in on a punt for the resource update not being as gloomy as the market expects. Experience with the SP when awaiting good news and getting it here is that it does not respond well. Probably back for more pain but it’ll be limited.

UBS reiterate buy and up to 330p too. Good day for ror

Ah! You think?
Certainly a spikey old rise..

Lost a tonne here. I've no valuable input on this BB. I never have had.
Good luck to everyone whatever you do and thanks for the ride.
PTS

Selling I think. 5.35% to 4.92%

And now.headlines of the supply demand mismatch reversing! A week ago it was Brent will go negative! Christ you couldn’t write it! .... my mistake journalists do ... everyday. More often than not the headline to a piece is unrelated to the content which often says the opposite. ‘Click bait’
Nonsense!

Interesting that they don’t see Brent going negative. I’m ashamed to say the wti May contract crash has been an education to me in terms of PoO

I do not think the price movement will be that dramatic Levs. I’d be surprised to see any movement other than that related to Brent tomorrow. I can see us dithering between 10p and 14p for months yet. Good luck on trading though. I’m rubbish at it.

LONGWAIT yesterday or the day before you posted:

‘ Goldman Sachs, while doing their best to put us off investing in oil companies, by predicting low oil prices, has just taken a stake in TLW.
It was announced today.’

7am RNS today announcing their Uganda asset sale.

??? Um I don’t want to appear cynical but is that not just a tiny tad fishy?

Shorter?
OB in the light of Brent, I thought that was a positive post of mine. I’m long mate... if a little skint LOL!

...ouch.
Shoot me down please but a quick v basic calculation. Should Brent fall to $10 for day 3 months (90 days) HUR then losing $7 pb at 18000 bpd generates a loss of $11.34 mill. Not accounting for AM costs linked to PoO (thank you the poster below) There is enough in the coffers to cover that surely...obviously Capex will now be revisited. Perhaps time to bottom drawer and look away. Dog walk I think.

Legend Rich!