RE: Great post by Romaron on iii8 Jun 2018 10:30
Thankyou romaron and thankyou for providing an honest opinion and not the pollyanna shite that people like dd and epiphaby121 post. I appreciate mo, chilting and jan’s posts but there is no sugar coating the last 3 years. As you say we were technically bankrupt when the oo happened. Do you have any thoughts around what motivation the forward sale of oil in december - that came as a bit of a shock? I do believe that if poo holds, kraken is signed off and debt paid down that we Will Rise but until that point doubts Will obviously Persist. In my personal opinion and this is shared by Goldman the underlying fundamentals are strong, capacity is Limited in shale and declines are accelerating in Old Fields not to mention Venezuela and Iran. This feels like the cds game back in 2007. Suddenly poo Will shoot up dramatically.