Member Info for spawny100

Brent And WTI rising? Have you got the charts upside down? They have both sunk after agreed 10 million bopd cut. Fwiw I've also added a couple of chunks recently too.

So Shell are still buying back shares see RNS today. Bodes well.

Reverse h&s on 3 month chart. Big bounce on tomorrow through 15? Same pattern just completed on POLY.

Needs more than crossed fingers. Neither oil nor Dow futures liked Trump's latest measures it seems.

When the pressure recorder is pulled from Casca will we get anything like an accurate total resource estimate? I suppose that would be difficult given that it hasn't actually been drilled to the intended depth yet.

Long term the move by Putin will be good for prices if the current low prices put a lot of US shale and deepwater producers out of business. Simple supply and demand. My gut feeling is that the gas price will hold up far better than the oil price (I know it has not fared well in recent years though) and will become increasingly in demand over the next few years. TXP is a long-term hold for this reason for me. I am looking further to the future towards hydrogen and gas is a logical halfway house along this road imo.

Doubt we'll go back to 30 or less with significant news incoming and resilient local demand for gas in a tropical country but wtfdik. Nobody knows jack at the moment.

https://seekingalpha.com/article/4328510-what-china-knows-coronavirus-oil-traders-dont-know

I agree that it's the media have a lot to answer for. Suspect the globalist are milking everything they can out of it trying to create panic and crash the stock market in the hope that it will spoil Trump's re-election chances. Also agree the volume here certainly does not speak of mass panic selling. More of sticky hands of long term holders and a few needing to sell or chancing buying back lower. I mentioned the head and shoulders a few days back on chart. We're now around the neckline so hopefully that's that formation pretty much done. But wtfdik!

Placing shares admitted to market so money must be in bank already. One less thing to worry over.

https://www.newswire.ca/news-releases/touchstone-announces-closing-of-private-placement-855805078.html

Surely the placing has happened and the money is in the bank now Gabriel no?

Interesting when did you buy?

Well I call the bottom with my top up at 33.98 today. Time to switch off til sanity prevails. Think there's a good chance Cascadura may surprise to the upside.

I believe he actually said 'most exciting' well he's seen in 30 years. I honestly think he's quite mindblown by the potential. I think the price will wake up a lot on next Casca update as market is risk averse right now and is wait3for confirmation of upper layers.

Same here judge. I had a couple of offers to buy some 50k chunks off me at 55p and 55.2p but ducked out of both. Silly Billy. No funds to be topping up on anything in this carnage to best thing to do is switch off for a while and do something else. Otherwise may be tempted to panic sell at rock bottom prices.

I'm connected on Internet can see slides and questions but got no audio

Think they are actually dropping delayed 'buys' but making them look like sells.

That's a silly comment hillbilly. I'd bet there hasn't been a day in the history of the FTSE when every share has been down. To ignore the fact that there is carnage on the market today is spectacularly blinkered. Looks like we might visit placing price now.

https://youtu.be/Rs9UuTEO7X8

That's nonsense. The price has not been 'set' at 40p by the Placing at all.