The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
yes, agree Pecten; thanks. Have reported bbbn as for 'trolling'; hopefully the objectionable person will have their access rescinded.
gla
You're a troll, bbbn.
AK; i don't think i'll be selling Hur just now to buy BP or RDS, given the just-commenced round of divi-slashing in super-majors. BP must be feeling the squeeze on their well-considered recent $10bn US shale investment........
gla
thanks Ghengis; was strapped for timeearlier to find info on the China trial.
gla
oilbe; here's a bit more:
https://www.gilead.com/news-and-press/press-room/press-releases/2020/4/gilead-announces-results-from-phase-3-trial-of-investigational-antiviral-remdesivir-in-patients-with-severe-covid-19
gla
an interesting counterslant on this, oilbeback, is that only last week another efficacy study (in China, if recalling correctly) pronounced Remdesivir as ineffectual ('no beneficial outcome', or similar, i believe the wording was) on Covid-19. Intrigued to see the detail of this latest update.
thx for posting.
gla
GLA
Thanks Wessex, much appreciated.
(Do i gather from AK's last post he was unimpressedwith the vc?!)
Don't see much to be despondent about if one is a (Hur) oil investor; Cv19 will probably be resolved one way or another and nigh-on 8bn people want to eat/improve their lot. Greenworlding will be ******ed slightly by the current financial collapse despite what German industry wants, so the 12/18 month profit loss to Hur is simply displaced down the timeline (bad if you're as old as Daltry, (apparently)). The 7z 'fix' sounds best immediate-term return on capex; am favourably impressed with Hur's current/recent decision-making. (Only thing that ever really ****ed me off was 'the rope'.... the 3 months production loss for which we are now paying!) Market oil supply/demand equilibrium will be restored, just with a buyer's market rather than a sellers. all imo.
atb
gla
bartlebobton, if all you can do is be sarcastic, kindly go away, please.
Anyone else:
netspeed in kB/s here so no vid link; useful and informative text output though. If anyonecanbe troubled to outline/detail, did the video give greater detail on any important areas?
gla
"It's a house of cards." - er, yes, as we are currently seeing.
the '80%'-? just my own rough estimate derived from the pyramid infographic here:
https://www.statista.com/chart/11857/the-global-pyramid-of-wealth/
where i've estimated that low-end (e.g. <$20,000) income people in 'wealthy' but expensive countries (e.g. NW Europe, N America) might be iro 10%-ish of that sector.
Idoget your point about debt: paid-for by the future.......
imustfixmy keyboard.
atb
gla
LW; re oil consumption (ergo Hur's ability to survive & prosper: What many seem to forget is that 80+% of the glbal population is poor compared to the 'first-worlders'. Those people can't afford the luxury of semi-voluntary 'lockdown' or social-distancing, they have little or no 'social/state' backup and need to work to live.
What may be most interesting is how the r.o.w. reacts to China - and how China's 'government' reacts to the damage C19 has caused (in so many ways).
gla
yes, bartlebobton: what IS your problem??
gla
Thanks Laser.
gla in this mad world.
yeah, shame about the political policing, as politics and poo can often be spoken in the same phrase.
Agree with AquaSulis01 re poo; some moderate cloth-cutting by Hur this-year, then. Still very keen to see the oga's revised strategy and how this affects/can be used by Hur.
atb
gla
....read the company's info, red, as Ak said.
Swag's right imo: Hal's the bigfish here.
but atm the Lancs Early Production System is doing the business it was intended to do: prove the field. better then expected, too. Hurr are enjoying eating this pudding, for sure.
gla
gla
Ghengis; been reading your postswith interest. Isn't a key factor (for med-term poo) the willingness of financiers to refund US shale once the MBS/Putin poo hose-down closes? With dumbasses like BP ponying-up $10bn for US shale assets, will fracking america-style (also tar-sands) resurface due to Trump-encouragement (subsidisation), or will the withdrawal of the likes of Shell actually suceed in killing it off? How farwill trumpetass go to protect his principal strategic asset?
gla
"...increasing pressure support from reservoir..." - AK; yes agree this likely means cleaning-up of reservoir pathways. Also implies the PI's have increased yet further. (now iro 200, 210 maybe?)
[Sadly, i didn't get to sell my rollocks (tried ebay) and the separate extra funding i was anticipating is not in yet, so only got £750 quids-worth more at 10p-ish; F*!**^!, was hopeful of catching-up with MakinHay there........]
GLA
for anyone unaware, (the detail is frightening for US oil):
https://wolfstreet.com/2020/03/09/great-american-shale-oil-bust-turns-into-massacre/
I bet BP wish they'd spent that $10bn on Hur instead........
gla
Good post, Amaja.
very good post, jtd.
gla