Member Info for schlemiel

It's profit taking and it's Friday...people tidying up their trades etc etc

Straycat

That's superb analysis. Posters like you on sites like this are invaluable from which we can garner an insight into how management actually think and how they operate

Many thanks

I agree. It's a wonderful position that GKP finds itself in. Fingers crossed the politics remain stable and compliant to the needs of the oil companies

Limited volumes at present which is pleasing, may suggest profit taking is not as heavy as I thought it would be though it's a long day ahead so who knows

And there you have it, up 7%

the market loves a company mgt that reward their shareholders

Buybacks, dividend resumptions and capital discipline. What more could you want from a management? Superb

Why don't the Yanks threaten the ICG that if they don' t play ball with the KRG then the ICG's access to their own cash from Iraqi oil sales held at the US Fed Reserve will be restricted?

Like GGP, it's all in the FUNDING

T16

The answer is simple mate, it could be a buy or it could be a sell. My advice then is to completely ignore late prints (late printed trades) whose nature cannot be confirmed in evidence

That could be it for today...famous last words

And another one..

The beauty of a stock like this with its future now financed and ready for development is that if the stock is hit with profit taking you can bet your bottom dollar that you'll get fresh investors to bid it back up knowing the positive direction of company events

It's not in auction mate, I can still get a price online

1m buy at 2.1p

This will not hit 3p today and I'm now a holder, that's a share not a noddy

PS

Have you got access to L2?

From today -

edit -

Oil demand dilemma

Atmospheric carbon doesn’t recognize international boundaries, so any reduction in UK emissions resulting from dwindling North Sea output is just an accounting trick that does nothing to solve a global problem.

Yet fears that a Labour government — which looks almost certain to be with us in less than a month — will shut down Britain’s oil and gas industry are overblown.

“Labour will not revoke existing licenses and we will partner with business and workers to manage our existing fields for the entirety of their lifespan,” the party says in its manifesto.

That actually gives a lot of scope for future production.

In addition to the 3.5 billion barrels of proven and probable oil and gas reserves, there are another 6.5 billion barrels classed as “contingent resources.” That covers accumulations discovered but not developed.

The bigger challenge is to transition energy use away from fossil fuels. Electrification can only be a solution with a much more robust power grid and local distribution network, no matter how many new wind farms are built.

The cables serving my street in London can handle demand from the relatively small number of electric cars charging up each night — probably about 5% of the vehicles parked there.

But once that rises to even 50%, they’ll be under serious strain.

--Julian Lee, Bloomberg News

Testudo,

It was the one below and a reference to simply 'reddit'..it could be complete tosh but it did appear somewhat persuasive as per the quality of the poster...god knows

'FX Analyst,

You could be bang on with that post,i just been picking up some quite similar intel from a Medical and Biotech Focused forum on Truth Social.They are normally very accurate with stuff like this (the sector has history of being very leaky ).'

Yes, the buying is very buoyant.

TEST

May explain why after seeing the opinion polls giving Labour a landslide that POLX have gone for a placing now in expectation of demand rise

It's not a party mate, it's deadly serious. Great fortunes can be made in the markets if only people took it seriously. It can be done, I know.

gla