Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Will raise oil prices and seems to be that this will continue to come from China and India. $50 may not be too far away
https://www.worldoil.com/news/2020/12/7/china-india-show-new-interest-in-oil-from-us-sanctioned-nations
Now at $49.65.
Don’t remember it being that high since the pandemic took hold, and we still hit 16p then, when oil was sub $46.
As per last week, once volume returns these prices will simply be missed. It should already be around 18p so it’s just a matter of time and patience.
ATB
Should be close to news on this that’ll allow Brent to settle comfortably at $50 atleast. What does that do to our finances and the risks people have mentioned. That must provide clear headroom with our low break even.
Need some Amjad buys to get us moving and increase confidence.
Does anybody know what time this kicks off on Monday?
https://www.energyvoice.com/oilandgas/282211/oil-stalls-opec-tensions/
Agreed. I wouldn’t have shares in Enq as yet until I’ve benefited from where the movement is happening in the travel and hospitality sectors. Then quite happy to return to Enq after a month. Not like there’s impending news here.
Director buys will be more of a signal here for an initial jump and confidence in the stock. Until then the rise in of oil prices will be gradual
As uncertainty drops so will the price of gold. All the airlines and hospitality sectors will rise and that’s where the money will be hence taking out our capital from Hum won’t be easy as there won’t be many buyers when there are huge margins laying elsewhere. Long term hold now or sell at a loss.