Member Info for shawz007

welcome Andy. Good news. You simply do nothing. hold. have a cup of a tea and a biscuit.

You've read and heard a lot about prices, targets and when we'll get there. Its confusing. But fear not. I'm glad to report the only numbers you need to remember is at 3pm this will be 90p

Odey-acious Day

We don't talk about that. Like the Scottish Play.

It is discriminative because the fine print uses the words I've quoted.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/966161/Budget_2021_Web_accessible.pdf

The super deduction is applicable to 'qualifying plant and machinery'. Given the 'green' nature of the government and they aren't very pro oil I'd not assume Tullow get this. But I'd like to be pointed to evidence to the contrary.

trading within a range until the inevitable rise to 90p at 3pm

It is boiler plate and taking care of fiduciary duties

Nothing to be concerned on here - none of this is new and is the logical exact position we'd expect given everything since key annoucements and figures were given across the last six months or so. Feels more of a shout out to stakeholders saying 'don't do anything silly now, the stars are aligning but pulling the plug will be in no one's interest'.

Your second point is accurate. But to the first the obvious point is Tullow held and rose regardless of Brent if you look at the timings.

Hope so, the perception of Biden's position versus what he actually allows needs to be tested

Totally agree. Bit worried US shale and OPEC can turn on the taps though

Quite agree you can't predict the share price but that's not the same as knowing 90p coming at 3pm

I've had a look on google maps satellite view and I can see oil there, so 100% chance. But it won't be in the share price yet.

the coiled spring is pulled back, ready for the launch to 90p by 3pm

let him have a cheeky little rant, a few monday morning tinnies do mean one has to let off steam

What I'm hearing here is let's drill for oil in Leicester?

BLUE MOON DAY BLUE MOON DAY BLUE MOON DAY

Second wave. Don't even need oil rising.

Got in early with today's prediction. I'm now off spending the money that will bring.