Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Strong move today for global equities . We’re following suit up 7% and NT to buy . Could be the start of finally our catch up with the oil price
Up to $41 now on Brent another week of grinding higher
https://www.google.co.uk/amp/s/oilprice.com/Latest-Energy-News/World-News/Russias-Energy-Minister-Sees-Shortage-In-Oil-Market-Next-Month.amp.html
Brent looks really good into its 6th week of gains now , nearing $40 , Casp however hasn’t really moved out . Should catch up eventually .
Brent just had a nice run up $2 last half hour . Hopefully strong into next week
Nice move today and some chunky sized buying this week always good to see . Would be nice to finish the week comfortably over 4p
Another solid day for oil prices Brent breaking through $36.5 . Much better than the $20 not that long ago . Plenty of opportunity for selling today which seems to of slowed . We’ve had some good buying this week so far and as sentiment returns to the oil sector should see plenty of upside . Works still ongoing so updates can come any time
After a strong move in break outs in all major indices money now filtering down the chain . Lots of volume coming in and rising oil prices .
Ftse has eradicated all last weeks loss today and now grinding higher . Brent nearing $36 .
The way I see it is if everything was right with the world oil prices were higher and the deeps flowing we’d be considerably higher . You wouldn’t get 3-4p if that was the case . So you have to buy here believing that all these things will happen . People want the cheap price but want all the progress at the same time . That’s sadly not how the markets work . Buy the turmoil and hopefully when the turmoil ends your left with a much higher shareprice . What’s key is how a company navigate the turmoil . What you see on aim a lot is companies doing huge dillution at the low levels which mean when the turmoil ends it’s harder to get to the sp you want as the market cap is increasing . CASP don’t do this . They don’t have big debts and can continue to trade comfortably at these levels .
Wow what incredible visuals last night , ran so smoothly I didn’t have any issues at all , it’s amazing what they can do in this new stuido , looking forward to welcoming loads more artists through the doors
Brent rising to $ 33.85 and indices well up . Hopefully a positive start to the week .
OPEC-PLUS IS SAID TO EXTEND MAY AND JUNE OIL PRODUCTION CUTS OF ALMOST 10 MILLION B/D THROUGH THE END OF THIS YEAR
For clarity I asked was the oil being sold as the recent rns missed the local and world section . As some on here were saying we aren’t selling it .
Spoke to Clive , Caspian have very little in the way of storage currently so everything they produce is being sold . It’s easy to jump to conclusions when things aren’t in rns . Hope this helps
Moving up nicely back over $32 every little helps towards sentiment returning to the sector , also Ftse recovered a lot and set to open up
He’s just a corporate guy . Luckily has very little to do with any of the running of things .
Lovely to see that during May so far we’re producing at the full 2000bopd too .
Production for April up 25% on March . Guess we haven’t turned the taps off yet