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Watching the current climb north possibly whilst the de-rampers start looking less sage like. Simple daily price movements that are quite the norm with O&G stocks...even a broken clock tells the correct time twice a day. Tick Tock to higher sp, it will come eventually.
How'd that go since such rubbish about making 5% daily then I wonder. LOL
Lol. Chalet cleaner. Nice one, loads of dreamers on here thinking they're Warren Buffet or something trying to convince others that they pick the exact daily high /low and are sipping champagne and eating caviar.
Wolf of Wall Street would be envious...with buy / sell spread along with stamp duty there's no way your picking up 5% gain at them numbers.
Is this labour now realising oil is still very much the future and agreeing that covering the world with turbines isnae the alternative after all... Good news for UK oil & gas et al
Might need to wait a wee bit longer than 3pm one day soon...But if this doesnae make the sp climb north eventually nowt will. Lol
https://www.cnbc.com/2024/02/05/oil-market-will-face-supply-shortage-by-end-of-2025-occidental-ceo-says.html
Possibly gingy, but if that's the case there must be something going on at a whole load of O&G sector businesses who have had a sizeable drop in sp lately. I reckon it's nothing more than the current price of oil. Not long ago there was buying at 38p by someone close to what's going on with tullow. You'd need to be very naive to think they would do that knowing "something was going on". Come summer time things will be much different I'd wager. And bst is only 8 weeks away lol.
Surprised there were no questions regarding the fund raise apart from why it was announced at the same time as the partner update rns.
Aye, quite likely coco. If the spread wasnae as big that would have been an option as it's quite possibly going to be moving between plus /minus 10% by then with a chance to get in and out without taking the end gamble lol.
Been mulling it over all night Paul. Was an easy choice, if all goes well then I'd have made quite a profit.. but the downside far outweighed the upside (this time).
No doubt be some trading opportunities between now and next update as folk position themselves... But after David Minchin and He1, then Leslie Peterkin at Advance Energy I'm not prepared to risk heads or tails on this one so "I'm out".... If its signed off then going to miss quite a jump, but can always get back in albeit at a higher price. good luck all
Hope your correct there GW62. think we've all been thinking we should have had an rns today, but if the extension is based on a deadline from operator of the 30th...then fingers crossed it's went to the wire just because it has, and tomorrow at some point we get the rns we're waiting on confirming it's "game on"
Brave, daft, risk averse, insightful lol... Call it what you want, good luck I sold 50% yesterday. Still a decent holding and what will be will be.
Just wondering what folks thoughts are on the composition of the next rns regarding operator etc.
I'm thinking it might be a bit optimistic to think that the news on any deal being agreed has gone right down the the wire, also had any deal fell through i also think that news would have been out by now.
Based on the above I expect something along the lines of the operator has requested further time to evaluate the field. With the time frame to ending tomorrow perhaps that allows other operators to declare an interest?
Gotta be some news Shardster?...With the HOA running until the 30th, then you'd expect some sort of news by end of next week. If it's anything like other aim oil and gas type stocks then could be an "interesting" few days.
Yup adieuk... I see this as an endorsement. Good enough for Sam, good enough for me.
Just like back in the previous drills whilst David Minchin was running the show...failure after failure, thankfully lesson learned the last time. Red or Black sums it up.
Yup, had that dilema not for the 1st time Leeds..."following the herd this time". Watched it drift down after positive news and/or updates a number of times now. Will try and pick up a few more than I had on any further drop. Now just watch it hit 39p lol
Https://oilprice.com/Energy/Crude-Oil/Irans-Proposed-Embargo-Could-Cause-Chaos-In-Oil-Markets.html
Been talk of takeover before, wondering if the positive update might reignite any suitors interest such is the current price when measured against forecast.