Member Info for Rookie1

Brent at $68 looking to test $70 I don�t believe there isn�t anybody sniffing around this for a slice of the pie. Hold on everybody.

You might want to take that with bucket of salt.

Have to admit this shocking, mms manipulate this and pull it down every time, just looked at the two large buys this afternoon.

If you can�t control your emotions you won�t control your money. I think this will get the go ahead, FIG will have to make allowances to make this viable. Uk government are easing up on North Sea taxes to help them, same will have to be done here.

How is this going backwards with oil at the price it is. Traded over 50% more than this at about 50$ oil

This is ready to move north imo. Can�t see any more sellers at these prices, everything looking a lot more positive. What a return this could be

Showing massively oversold on the charts. New bottom.?

20% not �20

Will have no choice but to reduce tax, currently at 26% I think? Reduce it to �20 and make it more viable. Still massive revenues coming in, maybe even tighten them a bit more less of something is better than a lot of nothing and I�m sure that�s how the FIG will view this?

Just read an article about the falklands costing the uk 65 Million a year;makes complete sense to help finance sea lion and get the ball rolling, the sooner revenue starts rolling into to the Falklands the sooner they can establish their own defenses and support themselves.

Another 2 million buys went through late yesterday

Little retrace on the oil last couple of days but higher highs and higher lows are fine by me, keep the faith!

Feel your pain mate, but if oil holds at these prices i Would expect this to be 5-6 p range

3 trades

40 k buy showin as sell from Friday. Bid was 1.80 ask was 1.95 at the time. That's 4 million shares in 4 big trades bought last Friday

I honestly think this should hold and rise again. Poo hasn't been at $64 for a very long time and looking pretty stable aswell. Money will start creepng back to bor and I think it could realistically sit up at the 5 p range very soon. Winter is here and Europe will be using a lot more fuel which should bolster the poo for the next 4 months + possible further cuts by OPEC.

Could easily sit at 10p region again with oil recovering and OPEC looking to make cuts to support $70 oil. This could double In a day from here.

Climbing! 64$

i think everyone agrees oil will recover and looks like OPEC are going to make sure of that. The problem here is funding and if we get it this will be on its way to 100p. You have to weigh up the risk/reward and personally I am happy with the odds.

$60 soon