Member Info for Shpunken

Trusting opec is like trusting trump atm, they will say anything to try pump the price up.. every expert is now saying that the market is way overpriced considering the economic data that keeps coming out.. still way too early to think about recovery

Yes they can go negative, that wont mean much for the spot price. I dont think u understand why the price can go negative before the contracts close..

Not sure why everyone thinks we will get an update on the 1st of june.. we were told end of june... so best case scenario is 3-4 weeks for an update

I am talking about our competitors and not mid caps and higher...

Dont think ppl understand how far ahead sng is in terms of (if trials r successful) putting out a treatment on the market in comparison to its competitors..

The next crash will be spectacular.. although we are looking solid atm which is nice to see! Hopefully 22p is now our base price

No public company will give preference to private investors over IIs.. what sng did was a very wise move.. raise some cash to get to the next lvl, and honestly comparing to other examples the sp hasnt been affected at all, as we are trading at double of the placing price... plenty of other small caps that did a placing and then suffered the consequences... i am expecting a herd buildup prior to the news with some profit taking straight after... fingers crossed for some good news!

If the trial comes good, its a fact that majority will sell to bank profit.. regardless if the sp keeps going up.. for some banked 200% profit is much better than risking and banking 400%

Laidback i dont agree, honestly it means nothing.. guy probably just needs done cash, so is selling some of his assets..

No its not being manipulated.. this is a correction.. oil will follow a downward trend until we get a clear sign that the virus will be dealt with and life can get bk to normal.. or if the production drops by over 25mbpd

No more bad news? Have you not been following the news? Sometimes it feels like some of you live on a different planet

Should get one after hrs today

Still will take at least 24 months, and thats best case scenario...

Lol its up 1.5%, not sure how thats considered as “flying”

Some of the garbage that are ppl posting today... so you think by some magic the sp is being driven up so an II who is deep in financial ****, can sell its shares because sng is nothing more than a pump and dump co lol

If they decide to sell everything it wont take long, 10 days tops with the average volume.. which will bring us nicely towards the end of may

Omg theyve reduced it by 1mb lol consumption is down by nearly 30mb.. this is just another pump before the big boys unleash the dump..

Bbc just reported that there is a new cluster now.. south korea, germany are seeing the numbers on the up.. until we get the testing done in huge numbers and will have some form of medication, there is now way we could go bk to normal.. this mess is here to stay

Cgx arent in a good position at all... all we need is for tlw to complete their farm down and we are bk to drilling multiple wells etc regardless of the poo price.. and with their new ceo it looks like they will get their **** in order and hopefully a deal by the end of summer with another major will be done.. will be interesting to see how things play out in namibia

Cuts are a joke.. we will just have to wait until these idiots shut in wells out of desperation.. ppl saying the worst is over are in lala land.. big boys with drive the price down.. am really happy that at least we managed to stat above 25p!