Member Info for pijoe1212

i do not worry about opportunistic t/o..if it happens and i loose out then so be it. meanwhile the time for offer has been telgraphed by the co (and the market)...longer it is the better in my view...

ricfle

i can honestly say i have not looked at either MA. i use my model (still running and learning) and gut feel. nothing more or less (funny how that model is homing in to MA's however!). model is much happier now that wti to brent has closed....

ok..jobs a goodun..i fire with mega catapult from the cotswolds and hampshire can catch..

called Xmass *uck you..a bit like the xmass cricket with flintoff- if you catch a pig then bonus points..!!!

as a delight and best part of a meal....then you know big Dave L has you on the darkside...(20yr aged over oaked tunsian red anyone?)..you know it makes sense (and big dave money)....

boards pantomime villain
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thats your job! (nice dress by the way.......LOL)

(as an aside to wellwell - i judge sell and buy points independently but connected. i do not Sell to buy).

Ricfle

i would suggest you, me and many reading this BB has the same view. lets assume the EPS "works" and by that i mean gets to 17k bls in say 12/ 18 months time with no negatives that outway the positives. i.e. eps "works". then the 2C has real value. what is that value? i would say $1.5 to $3 per bl (excluding a bidding war). so that is a shedload. call it $5bn between mates? or about £2 'ish sp?

the above is all rather vague and rounded. what a surprise!

now the point is the sp will move (in my view) from the current c52p to c.£2 in a non-linear manner (aka - it will not go up each day or month). equally other shares will not also. so there is clear ability to hold share A and sell and buy share B..etc etc.

(this is getting as wordy as AD's sat on a tree posts!lol)

we are all investing in (in my view) the start of the oil bull cycle (other than the last week or so which is why i now hold cash).

now what is my buy in point?..well it is relative to other investment cases. i see an SP of 45p as the min support (over to boyzee to justify or shutdown) and 50p as fair low value. but if other (shares) i rate and follow drop below what i consider as fair value i will buy them instead!

august is a time to have cash at hand in my view.

so a non-answer i would suggest?

(to be clear i am not holding at current SP, but would not be selling either!)

ricfle

that just made me LOL! kids (who should be going to sleep!) wondering why the noise from downstairs!

perhaps i should reveal....? LOL will in next post!

sweetcorn..onion..carrots..potatoes..leeks (only the nice bits!).. cabbage ....all good.and not greeen .peas & runner beans (not really green at all) also good.. but broc...sprouts...cauliflower..invention of the devil.. broad beans..invention of big dave L to just take the *iss...

jim..just tweaking your leg..(a little as it does go back a while)!

i posted i found it interesting hur did not go for some of the blocks on offer in last round. doc T has made it clear other ares wos and ns could be of interest as well as other areas further afield. hur did not move on this at all.

i await my buy in point. i have freed up cash in last few weeks (on oily investment i do not recall ever mentioning here). i only want to hold any share on the up..hur have done me proud on that metric over last 3 years.

just not green veg..i hate green veg..!

nice to hear of the profit! i like profit - i can count it in ££££!
not following the pic details - i assume the flare has been commissioned and certified on diesel fuel prior to use on wellhead flow?

the K's the K's..!!! the p is CPR'ed..

the other place is ..um..um..

jim..i 100% accept you are not at the current time criticising my posts..but you have in the past (following the noobo hurd).

lol..ralph2010..

he can make good points and sometimes does..but he will happily jump on negativity (rather too fast for my liking)...but i enjoy his changeling the investment case..it will become more useful i suspect in the future than it appears to me now.

jim

perhaps read more and criticise less my comments? only a view you understand. comments there to be found.

guess i know one employer i would not work for..

https://www.bbc.co.uk/news/business-44850168

i assume you did note my comments about last uk licencing round some months back?

looking better now...posts being left in place ..

mainly seadog5 and supporters. the bull case... but better all left than none as before..(i believe in free speech even if i do not agree with the content).

you up now? feeding frenzy due..?!!!

jim

what is speculation? route out? or doc T future? i agree on the risk profile compared to most aim oilers

on doc T on a T/o

he was with enterprise for some while..enterprise was not your "normal" oil co (at least while i was there). he lasted, what some 18 months with shell post t/o...he is (in my view) typical of enterprise...could not stand big corporate structures - they get in the way of achieving objectives.

who knows what the outcome will be next year or two for hur and doc T (and frankly it is far to much into the hur future storey to be anything other than pure speculation), but i would suggest the above comment will be a factor in the final outcome. (FWIW i know of someone very much like doc T ...went into academia 12 months after "retiring" in early '50's ..)