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I just hope they hedge the life out of it once online!

How many times can you be called a conspiracy theorist until they wake up Jeff…Cognitive dissonance I beleive it’s called. A inability to accept facts to protect their beliefs.

The latest proposed circuit breaker they say will lift when a certain amount have had their boosters, sounds like a prison forcing you to take it and weaponising the vaccinated on those who choose not to be the governments pin cushion.Remember “just vaccinate the vulnerable then cry freedom”?

I’m kicking myself for knowing deep down where this is heading but not selling up when I hit my break even the other week.

With that £70m buy(I think) I would hope so but I think dictator Boris and the lunatics behind him are desperate to cripple everything for another year push another lockdown so market won’t like that. It’s Almost as if he wants to see hospitality crushed…

Admittedly that 60% seems far to high but it’s what I read yesterday as 38% of jobs lost last year was from hospitality. Could be wrong but the point remains the same.

Yes Jeff, it’s almost as if he wants to destroy hospitality which provides 60% of employment. Pushing these measures just before Xmas is another blatant attempt at derailing capatlism, he knows some buisness’s barely survived last year and depend on Xmas to slingshot them through q1, he’s sabotaged that again.

That filter box is annoying but it’s not as annoying as reading that same old drivel every day, get it used,laidback mate.

We need to get back to 375 and spring board from there. These levels are absolutely soul destroying. Soon to be £1B a year FCF company and we are valued at £3B and now With just shy of 5% divi.

DBNO you sound like a nervous wreck, give it a rest.

Haha, couldn’t make it up, the one time DBNO says oil will bounce it actually goes down. Haha . Be carful

Buy serica, simple as. Fits perfectly, unhedged, and comes with cash in the bank. We need to utilise these tax advantages, let’s stop wasting money developing underperforming assets.

Less of those bullish posts on oil DBNO, we all know it does the exact opposite of what you say. Tell us to be carful or something.

And yet we couldn’t hold on to a rise to 340. There is no way there’s no buyers at this level. Just shy of a 5% dividend now. Gas through the roof, regardless of hedging we are still making a lot of money. I can’t think of a better time to be in a uk based oil and gas producer as we desperately need to supply our own.
Media and gov are desperate to push another lockdown but the people won’t have it this time. People are finally starting to wake up to the lies and so I can’t see it getting any traction.

£1.7B on the $2.3B

End year $2.3-2.4B, oil

Hi kign, enjoyed your post along with others today, it seems the BB has become sensible again!
The only part of your message I don’t really agree with is I personally like the acquisition route as I would prefer proven production than developing our own as it saves the dissapoinments like what we have had with solan and tolmount so far. When we look at the money we have ploughed into dead or under producing fields we would have been better spending that money on proven production, surely?

The disastrous performance of this share this week has led me to bank profits elsewhere so I sold my serica shares (stupid move) but my point being we could snap up over 30kboepd of unhedged gas production for £7-800M but with circa £200m + in the bank with it. We need unhedged production and we need production quickly! I don’t want to sit and wait while we develop new fields with all the questions marks over them that can take years before producing a barrel.

I really hope the downgrade reserves isn’t just another trick to make us look like we need to merge with someone else to survive.

Wish we knew bensi, other than a downgrade on tolmount reveres all is very positive!

This isn’t even being allowed to bounce, market makers obviously create little rises to invite new buyers to clear stock overhang, we are not seeing this here. This if a constant suppression of the share price and so it’s not giving traders a signal to buy. I want to see a big reverse wick on the bottom of the daily candlestick but there’s nothing because they won’t let it lift even on low volume of sells, this wreaks of corruption imo.

Loosely

I wont put another penny into this criminal organisation. We have had just short of £1 wiped off our share price in 2.5 trading days and it’s all from a losely worded update fully intended on trashing the share price.

Can’t believe we haven’t seen a bigger rise this morning, this should be up and over £2.50 easily.