Member Info for Targaryen2

Friday was the results day....see financial statement and earnings release documents. Probably why it went up initially

http://dommoenergia.com.br/investor/download-center/?lang=en

Yes you are probably right Frank.... unless we could use some refineries in the area?

“Estado said, would support the sale of some or all of Petrobras' refineries.”

https://www.marketscreener.com/PETROLEO-BRASILEIRO-SA-PE-6496795/news/Petroleo-Brasileiro-Petrobras-Brazil-s-Petrobras-to-meet-with-presidential-candidates-aides-27199152/
Some news..

Why is the trade UT at 2:00?

Respect LT.. you have a great position even without the 5m. So someone else has eyes on the prize then.

hope for and RNS soon to explain the rise in both sides of the Atlantic.

Not... the next trades are at 1.21 so unlikely it was a sell

LT was that you?

Really Giovs? How do you know? Where’s your proof?

Oh dear looks like the 10% brigade are selling out already....

Okay, I just had to buy some more...just too exciting! Couldnt sit on my hands any longer. That’s me done for now.
Now come on Nuog...make my day! Day...week...year!

Seadog5,

I read the used car analogy on AdVFn. Are you ‘thecashmoney’?

Thanks LT... sounds exciting indeed.

I agree... of course it wouldn’t. (Besides I never said the weather was an excuse just a fact)
But what about getting the rig set up etc. It can’t be done that quickly. SD suggest the deal in Brazil will be by end of August...can’t see Newfie being sorted before then?

Yes but isn’t that what Simon said already...that the adverse weather was causing the delays?

What ever happened there? Didn’t the lease expire in March? The 2 year lease undertaking was granted on 1st March 2016. I cant see anywhere if this was renewed or not. I thought we were onto something there but it sort of fizzled out.
Can anyone shed some light on this please?

I hope you are right LT about qqt in Newfie.... but I think it may be a lot longer. Considering they want to set up a consortium and put a rig on site....well judging by how long it takes them to get a ‘part’ to the site, how long would a rig take? Winter is starting there and so things will get more difficult.

Of course it will all take time...but here’s hoping the FIRST deal gets sealed soon without any glitches! Then we will be ready to roll.

Well yes Joey, to start with... is one scenario being suggested here.... then with redevelopment it could be higher, plus further deals, and GH thrown in as an extra measure it could sour higher still.

I would be happy with 5 - 10p to kick it off.

Great! At least it finished just above 1p..... I was hoping a bit higher but will do for now....soon will be much higher.

I hope you are right LT. The thing is with Consortiums, there are so many stakeholders that things do take time. Doesn’t help also during the holiday season which is well known to be slowest time on the markets.

But the bitter seeds of patients produces the fruits so sweet. Hold strong and hold fast.... that’s what I keep telling myself anyway.