Member Info for Rookie1

Didn’t realise oil had took a nose dive yet again. Doing well here considering.

Might decide to just t/o JOG for what it will cost, I bet 90% of investors would take £6 a share and Equinor have just bagged 120mmbo 2p at £1 per barrel.

Lovely

Couple of delayed buys gone through.
Today was just mobilisation to the launch pad... all aboard

Someone’s loading up, they have held this back on very little sells so far today

The Rockrose rocket

Just added another 10k, it was against all my rules and I shouldn’t have added more but that’s it from me now, I feel like it’s set to blow or something else is going to be announced soon. I hold 2500 shares now which I am happy with, target £35.

Tommorrow

https://d1ssu070pg2v9i.cloudfront.net/pex/rockrose2019/2019/07/10145535/Brae-Alpha-Substructure-Comparative-Assessment-2019.pdf

This reads to me that decoms are considered too dangerous or too disruptive to carry out and in many cases will end up getting left in place.
I think decoms will end up becoming minimal in the future and if carbon capture takes off,possibly none existent.

A buy order? Mms don’t seem to be looking for buyers with the size of this spread

Absolute no brainier, at current mcap it’s a once in a decade type of opportunity imo.
Looking forward to seeing an interview in AA

Also Is no one else a little worried about a management buy out aswell? Surely with directors holding so many shares they wouldn’t require many more? I’m not sure how that works In that scenario?

Thanks general, is it 3k? I must have got my figures wrong I thought it was 4K, bugger.
Would be nice if AA sold some swaps after marathon deal to lock in a some revenue.

Know how far in advance an oil co like rre will sell their oil? Will AA have been locking in contracts months ago over $60 or will they sell it one month ahead each month? Thanks

But Rre is one of the few holdings I consider a sure bet. It really is a no brainer so once I see the selling stop I am ready with some more funds to pile in.
I made the mistake of buying into i3e at 54p now I’m wishing I had that money to buy more here.

£218 Mcap, this is worrying low for a t/o bid.

Who is selling at these prices? Absolute madness

So with oil at $60 we have 18000bopd x $25 x365 = $165M
4000 bopd hedged at $69 x 365 = $49.5 M
Forties pipeline tariff income circa $35M .
Even at today’s prices we are still pulling in $250M EBITDA!
Imagine if that clown trump didn’t get back in for a second term and oil would surely sit mid 60’s -$70 comfortably.

Are they buys? Given the times the 400k one this morning at 1795 would have been a buy around that time?

Would be easy to fill them trades with cavendish selling into them surely?