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
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
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