George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
AGIP will be next into the courts. Eni have a different way of settling things,
Great! Rosfnet contribute 400 mil a year in profits. Their cost per barrel is ridiculous. Rogue operations as you can get, actually it's now the elephant in the room. What I envision a while back, we will work together to clean their act and keep oil pumping. Good stuff
"The price war 12 months ago and the resultant collapse of POO, shook the House Of Saud to its foundations, they will not want a repeat of that ... ever imo."
Saudis were laughing their @££ off on the who chicken out first game.Every inch of me hates the man but when Trump banged the fist on the table the foolishness stopped. Russians were way out of their depth.
Happy,Back in love with BP?
More firing power ? Or AIM if you are ready for the far west.
"Idiocy has its bonuses especially if you have no idea how to set a stop loss so it will never affect you."
What's a stop loss?
Whish I had that freedom. Got vetoed, her or BP.
Weighting out the options at the moment
@Sauer
LOL
"Sneaky Pete, its not mobile like the Tardis. (Time and relative dimensions in space).
Its just the basic H. G. Wells kind'
Bummer I was hoping for high capacity one,to fit large groups you know, basic Star Trek kind
One of the occasion when I agree with happy, compounding is a powerful thing and the SP needs to climb back soon.
Every month or so I have to explain to my sweet half my saving decisions, drawing complicate charts and make sure she lose track of what I am saying in the first minute and a half , exausting.
Time machine,
Why don't you join some flat earth committee group use your time machine and go.... Just pick a random place, pretty sure someone will listen at what the new messiah has got to say.
"Climate change is almost certainly bull****, just like 'diversity is our strength' and the 'religion of peace'. The fact is, the rulers of the world know oil is running out, this will mean famine and hence war.
They have to fool the whole world .........."
Oh Dear
Happy,
What I am trying to say is that this one sounds more of a flagship move. It's certainly overpriced but who cares,that's not the point the narrative is different. The goal line is not now or in Q4.
"He obviously felt pressure to do something having not made much progress on the renewables part of his strategy."
Or maybe he knows exactly he is overpaying but to sustain the narrative will eventually pay off the overprice.
You were saying the same thing when he sold Ineos.
A merger with Exxon ? Not in this lifetime ,no matter how much money is on the table, on top of that we are also in cahoots with the russians.
If we exclude any tax implication and threshold it would make sense to hold if the SP is below 2.50
...."Governments will be preventing the production of plastic in the future. This is all very bad news for oil companies."
Ineos move might turn out to be a good "gamble".
@BBB
''-----------------------A wee bit of cognitive dissonance going on here methinks.
Lol
"Makes little sense to me. Surely there are better margins to be made elsewhere in more volatile stock. Risk of getting it wrong for the sake of a 1-2% swing is a bit odd. IMO of course."
At this SP levels BP has a safety net for a trading approach,if everything goes wrong you can still hold for the long haul. August last year would have been the perfect time for the exercise, SP up and down like a yo-yo.