Member Info for smudger63

Wouldn't be over surprised if the Russians & Saudi's have stage managed this. They must of had something to discuss in the Vienna meeting.

Come on Dot, pull your finger out! Lets have this arrangement with our creditors to push out the maturity of monies owed until 2023. We need our own little stimulus now.

Loo roll, you got loo roll. You lucky devil

Be very welcome to see the debt maturity pushed out further than 2021 (similar to what PMO announced recently). Lets face it, it would be a very sensible thing to do for all parties.

They'd probably have to meet via video conferencing in the present climate.

One of them is busy on PMO riding the wave and try to steer folk away from here.

Maybe they will be here when the peak is hit, up 85% ish. Some posters that used to post here are trying to steer them away from TLW, obviously don't want the ride to stop.

Profit takers in PMO will be piling in here soon

Way oversold this and PMO, in my honest opinion

Can't work out if the RNS has prevented a more severe battering today. Not that the battering isn't severe. Expect it to gain 10% in the morning if Monday's drop is anything to go by. Just an observation.

So what is the next news? CEO at a guess. This was promised after the finals. Who have we got lined up for this gig, hope he / she can pull the rabbit out of the hat - deh raa!

Wonder if Mr Trump's decision was virus related or was aimed to halt the requirement for fuel. The reduction in demand would force the Russians & the Saudi's into a production cut stimulus . The decision was very large considering their early nonchalant attitude to the virus. Wouldn't be surprised to see a production cut very soon signed into by all parties.

One Ugandan hurdle out of the way - think the Chinese may bid for this now
http://www.xinhuanet.com/english/2020-03/10/c_138861494.htm

Any positive news would get swallowed up in the global doom and gloom. Happy to wait a while.

OPEC are meeting this week to review cutting oil production which should (maybe short term) stimulate the PoO. Hopefully the whole O & G sector will benefit and I can stop whinging to the missus ;-)

Asian markets stimulated - should see a lift today. But there again this is TLW, the manipulators will have their play.

Bet there will be no bread and milk left in the supermarket - must panic and sell shares!!!

May get some relief on March 3rd if OPEC decide to cut production which should (theoretically speaking ) prop up the price of oil.

https://www.bloomberg.com/news/articles/2020-02-25/no-opec-decision-yet-on-oil-cuts-saudi-energy-minister-says
I wonder if next week's OPEC meeting will take place in Vienna now that the virus has been detected there. The Russians were going to indicate their decision ahead of this meeting

Would we not expect an RNS on this?