Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"Robone, have you got any stopped clocks you want to make predictions about......."
That's my option, you don't neet to agree, each for their own.
"The Grammar Police have just notified me that I may have mistakenly taken your 'in avarange of $30 ' to mean 'an average of $30,' when you may have meant 'a range of $30.'"
Longwait ...you are such good 'policeman', lth should be happy to have you on the board as you know how to pick on the details?....haaa
To satisfied you, will correct my grammar mistake..... Poo will be average of $30 by the end of this year.
I might be wrong or right? who really knows, time will tell as poo is in political hands at the moment, no in market itself.
;o),
"Thank you for pointing out the Grammar Police's oversight, robone."
Yep, we are watched all the time....I guess?
"As for your prediction that oil will not breach $30 for a long time, I'll remind you of it if the price does breach it during the next 12 months."
That's is my outlook in regards of Poo, it will stay in avarange of $30 for a rest of the year, obviously there will be some ups and downs..... Hope you will be able to remind us too when my prediction will be correct?...
;o),
Too many variances out there! .... Tomorrow, 'market' may think opposite?!
https://oilprice.com/Energy/Energy-General/Why-Is-So-Much-Oil-Still-Being-Produced-If-No-One-Wants-It.html
https://oilprice.com/Energy/Crude-Oil/Fleet-Of-28-Saudi-Oil-Tankers-Could-Send-US-Oil-Prices-Crashing-In-May.html
;o),
"I'd say oil will be anywhere from 20-60$ around the end of the year, but that's just a wild guess."
Possibly Poo might be as volatile as you said but yearly avarage price probably will consolidate in range of $30. It all depends how long 'lockdown' is going last and how deep further production cuts if any? OPEC+ is willing to agree.
;o),
Longwait
Read my comment with a bit of understanding... I stated that 'covid-19' has huge influence over the Poo, that's the fact doesn't it?
..... unless you read different headlines than me?
How do you think what is Poo outlook near term?
When demand meet supply soon enough?
........don't think so!
Moreover, As you mentioned,
You've posted more than five thousand comments which sound sometimes like 'biblical prophercy'.... however you were wrong many times..... so lets stick to the fact Poo won't go anywhere in the near future, will stack in range of $10-$30 for long time..... purely traders paradise.
PS. Thought that Grammar Police filtered me a long time ago but it seems not!
;o),
"WTI has just broken through $20"
Wouldn't be so excited as it is just traders paradise.... Poo will go down for sure..... until supply meet demand.
..... Unfortunately 'covid-19 story' doesn't help at all.... as it kill energy demand. Fact!
;o),
Is there really any point to invest long term in oil sector these days?
...Would say....rather traders paradise!..... some spectacular daily ups, but mainly continuingly downtrend!...
https://www.google.com/amp/s/oilprice.com/Energy/Oil-Prices/Traders-Are-Betting-Big-On-An-Oil-Price-Rebound.amp.html
Oil is dead in the water! Fact!
.....unless demand = supply, ...at least!!!!.... so until then.... forget about holding oil shares long term!!!
Oversupply is going to kill the oil market.... already does!
https://oilprice.com/Energy/Energy-General/Why-Is-So-Much-Oil-Still-Being-Produced-If-No-One-Wants-It.html
There will be plenty of insolvency as no many can survive price range of $20-$30 per barrel, that is just the matter of the time.
https://oilprice.com/Energy/Crude-Oil/Morgan-Stanley-Oil-Demand-Wont-Return-To-Normal-Until-End-2021.html
Well, Time will tell which oil company will be able to survive rough price competition!
;o),
"From a financial point of view I think all are ahead of themselves but there will be a winner, I think it will be NCYT"
Seadoc.....
You confused me a bit as if you think that NCYT will be a winner what is a point to downbet?
Well, On the end of the day all testing will be worth billions unless coronavisus will gone soon so all 'coronavirus plays' seems to be very speculative!
;o),
"tom, AVCT is lateral flow and tests for antigen (for virus) in saliva. ELIZA bit dated but essentially boosts an antibody test, and I do not think it can be made to work."
Seadoc....so you try to tell us that AVCT may/will success with their near patients test?
;o),
Seadoc
Very interesting conclusion!!!
"And finally I guess that unless an antibody test can pick up IgA on a respiratory swab it will be useless."
I am going to recommend your post as your medical knowledge really impressed me!!!!.... outstanding and extraordinary.
Wonder myself aloud???....
Which coronavirus "beans" Seadoc himself would pick up?
... Unless He only do "small downbets"???... When "beans" is overpriced?
;o),
"'They' also shut down commerces, pubs, restaurants, shops other than those selling food, etc. 'They' also also limit how far we can go for a walk, and have the police enforce that. 'They' tell me I can't get in my car and drive 40 miles to play poker with some friends."
Perhaps, you haven't seen videos from Wuhan early this year?......
Is this the only way to tackle the virus???
Will whole world go as far as China in enforcement to minimize death toll?
...Probably, ..... within weeks, they will have to,........ otherwise new hospitals/mortuary facilities will be well overcrowded!?
"They tell us what is serious, how seriously we should take it, and how we should react."
They know it is very serious!!!.... otherwise why enforce 'lockdown' law???...
.... Therefore valid Question should sound!
What Chinese authorities told them that they force most of the people/businessess to stay at home????.....
;o),
;o(,
"I thought it closed down because of the now almost universal practice of keeping two metres away from anyone else (presumably including one's spouse, which may be providing some people with much-needed relief)."
You are lucky enough that you don't need to stay away from your PC or mobile otherwise what would you do with your spare time?
Hand relief?...... supported by memory?
;o),
"If you believe that only 3000 died in Wuhan ask yourself how the Chinese were able to keep the mortality rate so low."
I think covid-19 is here in UK since December last year, I personally know 2 elderly friends who died early this year and they both had flu symptoms, both had been connected to respirators in their finals days.
Sadly nobody in hospital was doing any coronavirus tests.
Wonder myself sometimes what are the real death figures since beginig of 2020, especially in care homes?
"Do you honestly expect them to tell the truth."
Do you think BoJo says the full truth or any of the authority around the world?
I doubt it!.... We are just the numbers on the paper. Fact.
;o(,
adoubleuk,
"HUR is just a 'minnow', and the cash-producing EPS is just what it says. A little 'testbed', but working nicely."
Well, Oil demand is not going to look very ambitious under current world
'Covid crisis' lockdown?
Whatsmore, Russia-Saudi 'Oil price war' is not going to help the situation.
;o),
"At the end of the day, all ifor now is about an appetite for risk?"
Hur eventually will follow price of oil, ...am afraid.
https://www.google.com/amp/s/oilprice.com/Energy/Energy-General/Oil-Majors-Are-Preparing-For-10-Oil.amp.html
;o),