Member Info for S740

Reddog, late summer Aug/Sept 22 it was published that the choke was at 30.5/64, I haven't seen anything since, but from the flow rates I don't see it as being substantially different.

I agree with your friend persimmon, I think there may be an oil spike in Q2 as China gets going again, but only short-term, then largely back to business as usual.
As for blue hydrogen, it's a white elephant. CO2 emissions from it are higher than simply burning the gas.

And whilst I was replying another decent buy came in and moved us up a bit, or should that be less down.

That's a very good question RE10, earlier in the day I would have it's because good news is being sold into, as is often the case with small cap companies, frustrating but there you go. However now the buys and sells are almost at balance by volume and yet we are over 10% down. Baffling, hold fast and keep the faith, the market will catch up in time.
Being nominated for best newcomer in the plc awards should bring dome positive PR with it.

GP, DB said in a Vox podcast last summer that the current choke size was 30.5/64ths.

Apologies to Mr Haydock my maths teacher who will have turned purple if he reads that, yes I know that fraction is nonsense and should be 61/128ths but that's what these oil types say.

You must be new around here passiton, 0.2599 most certainly isn't the all time high, my average is 0.3997.

On a day with only 3 trades of which the sells outnumber buys 3.7:1 I'd say that a 4.24% rise is pretty spectacular, in fact it's completely illogical.
The question for me is why so little buying interest on the back of such a positive RNS this morning.

Hi Apache, It will just appear in your cash balance for the relevant account. I'm with ii and mine hasn't showed up yet, don't worry in my experience it can take anything up to 3 working days, although usually it is sometime on the day of issue.

Site is looking exceptionally tidy, always a good sign, I am still very much a believer in UJO long-term; although long-term is proving to be a bit longer than I expected 4 years ago.
Sad to see that my prediction of $80 a barrel in December has come to fruition, there's a balance between high levels for O&G investments and the general good for everyday living costs, personally I think that's mid $90s. Of course others take a different view. $150 wasn't it?

Claire it will be an indication of who is leading this group from the salaries and perks, if it's Cathal the salaries will offer a comfortable living, but no more until things become profitable both HVO and POLB are I believe in the £150k plus some pension contributions area for Exec directors, and he has a real bee in his bonnet about free shares, whilst he encourages directors to hold he also is vocal in his belief that they should buy them on the open market same as everyone else. If things are in anyway like the current position CF is just along for the ride. (And that's not normally his style.)

Those saying that they expect Cathal to focus on HVO rather than his Reabold adventure are misunderstanding him. The day to day running of HVO is in very sound hands with Mo, the current market conditions are not receptive to spin outs at present and the one we have had, POLB is also in sound hands with Jeremy Skillington although more in the CF style than what we have in Mo. Cathal has nothing to do, i.e. he's bored, to quote himself "I have the attention span of a gnat." He will, I believe, come back to the spinouts when the market is more open to them; but for now he's making mischief, for what it's worth I think that RBD and indeed their partners will benefit from a dose of Cathal.

Sorry unclean but under the Companies Act 2006 section 46 as amended 2020 what you describe is, I believe, now illegal. The shareholders and high court must approve the buyback, brokers are given irrevocable instructions by the company as regards quantity and collar and cuff pricing, the quantity per day is governed by statute based open the market total for the day and the market must then be informed of the quantity purchased and what is done with them, held in treasury or cancelled on a daily basis. https://www.legislation.gov.uk/ukpga/2006/46/part/18
Or at least that's my understanding.

Couldn't agree more hfb, did a Bed and ISA on my last BOIL in my trading account yesterday, with the extra benefit that since they were still massively underwater I have a nice loss to offset against this year's tax bill.

I'm not a RBD holder, but I do have an interest as a UJO holder, I've also held ORPH since 2 weeks after IPO. If Cathal becomes Exec Chair here then I will buy no question.
I've met CF on a number of occasions, and I don't just mean for 2 minutes, I like him personally immensely and I trust his judgement as a cost cutter and a deal maker, it's true that he does get a bit over excited on occasion and accusations of over promising do have foundation, he also struggles a bit if a minority partner, re SEEK, but I can tell you that RBD with Cathal at the helm will be unrecognisable in 12 months time, for the better.

One invests in these companies, and read the RNSs and watch the podcasts but still viewing it as a financial investment; and then something happens which sheds a different light. A month ago my father was taken ill with Sepsis which developed into a Cytokine Storm, he was very ill, it has left him with severely reduced liver function, cardiac damage and from somebody who would pass for late 70s to looking all of his 92 years, and he was a lucky one. POLB001 ceases to be of purely financial interest.

Listen again Plumper, DB couldn't have been clearer, CPR published w/c 26/09. He didn't say 2022 to be fair, but if it's not out this week there will be more downward sp pressure.

No they aren't, a drug is used to treat a medical condition, a vaccine is used to prevent developing a medical condition.

I'm not sure that there can be days of multiple £100k+ buys at present tradedesk. As todays largest purchaser, although it shows as unknown, I know how long it took my broker to gather those shares together, over 20 minutes which in today's electronic world is forever. I don't think there is any volume of stock out there at present, explaining the rapid reaction to buys which we are seeing at present.

It would better still if all of today's trades were being listed, mine certainly isn't up there and its over 90 minutes ago now.
I have a great deal of confidence in the sectors FCM have, we'll find out in the coming few months if it's well placed.

The Island Innovator on it's way south again, that was a very quick pitstop by rig standards. Weather and seas seem favourable so all good so far for a September spud.