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Courtesy of E43 on other site.
https://oilprice.com/Latest-Energy-News/World-News/Sudan-Oil-Exports-under-Force-Majeure-As-Pipeline-Ruptures-in-War-Zone.html
Komakino,
Lazy argument suggesting / doubting my share ownership just because I have a different view to you. Yawn
For info I've held since before the 7E deal
I read your suggestions, however this isn't the deal SAVE have been working on for the last year. If the Government were interested in these alternatives they've had a year to be up front with SAVE and have that discussion, rather than scrabble around for funding themselves behind the scenes.
As for selling my shares since the Chad acquisition, you have seen how long the shares have been suspended have you.
Trouble with AK is he thinks he's CEO of an ExxonMobil or BP whereas SAVE have very little clout.
He's also got us involved in 2 of the worst African countries to do business in to boost his ego. Any CEO can find value enhancing projects in these countries, they're cheap for a reason, because they're are a nightmare to do business in and few are mad enough to try.
Https://www.facebook.com/watch/?v=1374599343128219
Watch from 7 minutes in.
So the SAVE deal with Petronas is dead in the water according to the facebook video of Dr Chol, minister of finance and planning.
He's admitted the Government wants CalTech to lend the Government money to buy the Petronas Oil interests in the country, so they obviously do not want SAVE to have it.
Even if CalTech can't raise the money, how can SAVE possibly progress now knowing that at any point in the future the Government could claim the oil interest back into state control as and when they feel like it, should they get financial backing, just like Chad have done. How can we possible proceed with a massive purchase like this in a despot country like this.
IT'S OVER ! and AK needs to RNS now !
Https://www.facebook.com/watch/?v=1374599343128219
So the SAVE deal with Petronas is dead in the water according to the facebook video of Dr Chol, minister of finance and planning.
He's admitted the Government wants CalTech to lend the Government money to buy the Petronas Oil interests in the country, so they obviously do not want SAVE to have it.
Even if CalTech can't raise the money, how can SAVE possibly progress now knowing that at any point in the future the Government could claim the oil interest back into state control as and when they feel like it, should they get financial backing, just like Chad have done. How can we possible proceed with a massive purchase like this in a despot country like this.
IT'S OVER ! and AK needs to RNS now !
Si,
Just setting the record straight, which I think ii've done, The board is all yours !
By the way Greens43, that's only 9 posts I've made now and I can still read the market better than you !
So where is greens43 and his
'Huge rise on Monday. Back up past 75 imo.'
All on the back of Goldman buying days beforehand which according to him was going to catapult this upward. With statements like that there really is only one fool here and sadly it's him.
Whether CINE survives and eventually prospers will depend largely on the US bailout.
Green,
I've only posted a few times because I generally post on another site. If you believe that the time of share buying doesn't raise the price but the name of the company being released days later will then you're the fool.
Trying to pump this on the back of a buy that happen days ago is a bit desperate !
The market will have seen the size of the buy. The price increased dramatically at the time after bottoming out. Days later does it really matter who the buyer was ? Not really !
Green,
Yes I would and it does work like that whether you want it to or not.
When there's a big buy in the market it causes the price to rise when it happens not days later - stop me if I'm getting to technical for you. This happened a few days ago.
You talk of sentiment due to the big buy but having bought at the bottom Goldman could easily be a big seller next week. It doesn't mean CINE are a continuously good buy on the way up. It could also be argued that because Goldman have informed the market they have finished accumulating rather than continuing.
To state the Goldman buy days ago will have a massive impact on Mondays opening is disingenuous. It may go up or down on Monday but not as a result of this buy.
Unfortunately there is no other news that will affect the share price on Monday. If you read the RNS again the threshold was crossed on 17/03 and has been reported later, so any affect would have taken place then.
This is another chris oil article about the same event.
https://www.proactiveinvestors.co.uk/companies/news/106933/new-world-reveals-chris-oil-is-off-the-hook-his-mum-now-owns-2594-106933.html
Colonel,
This is what you were thinking of , he 's a bit tragic
https://www.express.co.uk/news/uk/576769/B-B-owner-oil-company