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Sqz will be fine, perfectly positioned to take advantage of these times of carnage.
I do think we will see more mergers of company’s join forces for survival in the coming months and I just hope sqz and RRE lead the way,massive production that can take advantage of oil or gas swings and a monster cash pile to becomes one of the uks biggest producers!

At the end of the day the biggest question to me is:
Are people’s lives that sad that they spend all day posting on BB’s they have no interest in? I honestly can never get my head around that, if not looking for a cheaper entry and trying to scare holders into selling what exactly do you gain from it?

Here come the doom and gloomers. Gotti 300% from here is plain silly is it? I’ll remeber that one. Moron

Munch, why would there be no takeover in this climate? A takeover such as sqz(sorry to mention it again) with lower opex, 80% gas and still profitable In this climate with a cash buffer,that would be an incredible move and would put is in a position to weather the storm for aslong as it takes and come out the other side a monster of a company.

LSE isnt showing a share price? Thought we had been suspended for a minute, anyone else’s doing this?

Hahah very well played New, That was episode one , We are onto episode 2-‘plugged and abandoned’ now and AA has the keys.

I’m lubed up,ready and waiting for daily shafting, almost feel like routine now :-)))

Yes sparky I was thinking that, next time we might get a pleasant surprise, it might just climb, and climb,and then climb some more. And it will be £60 before we know it ;-)

Agreed Rustin, pushing capex back would give s big lift here I think, that’s what’s worrying investors.

Does anyone know if shutting off production is an option?

Fuc* me why are we getting shafted again?

I wouldn’t be worrying about that yet munchy, there’s thousands to go before we do.

Hi NewK - the worst collapse in confidence I ever experienced first hand, fwiw, was the '72 - '74 bear mkt where prices fell -73% in 18 months (I was on the mkt trading floor in those days) so todays rout seems a bit tame by comparison...

However, what stopped the rot, almost instantly, was a group of substantial Instos (with the backing of the BoE) then ordered their brokers to stand in the middle of the trading floor and shout out: 'We're buyers and will take on all sellers' and that was the turning point.
Although we don't have 'face to face' dealing here any more, I dare say the same thing could be put together behind the electronic trading arrangements / bots we're into nowadays, if things get too much out of hand - such a dramatic / unexpected intervention just snapped the mkt out of its near 'death wish' back then and prices roared back.

Might history repeat itself at some point?....sasa.

I hope something similar is set up and shorters get absolutely toasted to be honest.

I thought the same but I’ve been banging on about it enough I thought I’d give everyone a break.lol, nice to hear others do think the same.

What an entry price, your getting in cheaper than many of us who have seen 250% profit go Back to b/e or even less after top ups. 500% profit is a real possibility short term with the right deal.

My other holding jse getting battered extra hard today aswell and no idea why.
Another 10k in the red :-))))))))

even An RNS saying we will push Arran capex back until a later date would inject some confidence here. We have cash we are ready to clean up, this is why I think somethings on the horizon otherwise I feel AA would be doing little bits here and there to support the sp. He has something lined up so he knows the rerate is coming.

Someone please explain to me why there are people still selling at these levels? You have to be mad!

Ffs, the world ending is priced into the markets at the minute, I’ll be glad when this is all over.

$700Billion q/e package put together by trump, filling of the SPR, fingers crossed we might have a blue day tommorrow. Don’t think oil will go mad just yet but nice to have a bit of positivity.
I read the Saudis are willing to renegotiate but the quality of the source was questionable so I wouldn’t get to excited about that just yet.