Member Info for testpack3

SO. The big oil boys appear not to agree with my comments re: oil supply and POO in 5-10 years. Really. RDS are divesting oil big time, and heavily investing in solar, wind, charging stations, and are the leading mfrs. of H2. Once Trump is out of office , a new Govt. will not be so kind on the oil industry and C pollution.. Do you really think they will tell the market that the transport industry is heading into a non fossil fuel era? Try thinking more than a few hours ahead!

Since July, I have held the belief that The Marketing Process is a 'buying time' exercise, although, The Failure would sell everything, or parts thereof, for the right money for SH and, of course, to him. His raison detre as CEO is to maximise SH value. Obviously, at present, this is absolute failure. If there is a 'part' sale, and remnants left to 'explore', he has to go, either with his resignation, so he can pursue other gullible investors with rampfests, or be dismissed. I have in previous posts identified where we can raise additional resources to explore for gas. What would definitely be needed, is an OnG person as leader, and drastically reduce 'schoolboy' errors for which which the present incumbent is guilty. I have previously posted why I believe a valuation of 50p p SOU share is reasonable, but with a GSA, at present, giving what I believe to be non-commercial production at TE5 Horst if POO falls below $50pb, notwithstanding the recent agreement guaranteeing a commercial price for the first 29k cfd. There is hopefully much more than 10 yrs of gas in the Horst, and I think people are deluded if they think POO will be anywhere near $50pb. Once the EV market attains momentum, not in 30 yrs, probably 5, and 60% of all oil supply goes into transport, then POO will be significantly lower. I first mentioned this 2 years ago, and Daveyboy said something like, 'not in a generation or two'. I think he has probably changed his mind with the the pace over the past 12 months. #letthedrillbitdothetalking is where we need to go., and find out whats in Annoule, SM, Veyron, etc. especially the Paleo. Are we men or mice - squeak up.

I'm not sure that ReiredBanker is correct in saying that PLUS make a market. The prices it uses are those from LSE, NYSE or wherever. What it has done, and I believe continues to do, is not 'hedge' the punters investments. It takes the risk that if the punters are 'good', they will decrease the profits of PLUS. Competitors are generally satisfied with the 'margins' on trades and interest charged on punters holding overnight positions ( most of them). Of course, if there are approx. equal amounts of monies being invested in 'long' and 'short' position on a particular currency, commodity, share, then the company will 'hold' and take the profit on margins and interest, and pay the 'winners' with the money lost by the 'losers'. A bookmaker attempts to make a 'round book' by using the tool of being able to adjust the odds of any particular event at any time it chooses. More cash on a specific outcome, the odds will fall, and the bookie will increase the odds of the competition in order to make them attractive. Only one outcome is possible. Not so with shares and PLUS, if it takes an extraordinary amount of money on a share, and 'holds' the position, the price from LSE will be unaffected, and PLUS will have a pure binary play.

Musk may have a bigger problem than Fuel Cell alternatives to his Li Battery vehicles. Al. Air batteries. These have been around for a long time, but a major drawback was the need for pure water electrolyte ( expensive), the rapid wear to the Al electrode, and the caustic 'soup' that remained. A Brit engineer, working from his garage!!, has now perfected a method of using 'dirty' water, and a longer like Al electrode. using the same volume ( less weight) as that of a Tesla car, the range of the Al Air battery is about 1200 miles The downside is that this 'battery' is not re-chargeable, and is swapped when a new one required. The engineer states the cost per mile is about 8p, significantly cheaper than ICE and FC vehicles. The proposed cost of the Al Air battery is c£70. It's 'healthy ' competition since it will keep the cost of all 'alternative' fuel vehicles 'reasonable, with no single solution having market dominance, and hence 'top' pricing policies. Of course, PPS is more than a 'one trick pony' company, but as I have stated before, beware the debt.

I am not a 'big' believer in pre-rns sell/buys as indicators if a likely rise/all in sp, unless the company has a history of being 'leaky'.
I did notice last week that there was a 250K buy, c £2M. Not UT, not buys on the buy-back, and no II rns. I therefore assume it's a new II or a PI. Being close to the trading update appears to be a huge vote of confidence in the update. Have added a few more below 7.90. As MBell posted below, competition has reported encouraging updates, and I believe PLUS to be ahead of the game with respect to their competition.

Get you coat. You would rather deal with the Russians rather than the USA. Both leaders are liars. One is authoritarian leader, the other trying to be. Ukraine will view USA in a much better light than Russia, as will all EU countries, even with a corrupt liar as CiC. He can only be there for a maximum of another 5 yrs. Putin could elect himself for life.. However, as far as we know, POTUS has not killed anyone. or authorised their killing. At least we know your politics.

It's normal that the radio silence continues. The Failure cannot report that several bids have been made and are under evaluation, since that would cause massive buying, and create a 'false market'. If only one bid was received, it would only be RNS'd after it was accepted, subject to appro., and the share suspended. It surprises me ( no, not really), that some posters are now waiting a post from crude after his visit to HQ. Why? He can't report anything ' of great interest', and if he is given inside info., we will never know. He will, as usual say that everyone , especially The Failure, are working their fingers to the bone, and that spirits are high, and that he and The Failure went to lunch ( not M&S), and enjoyed more largesse on the company CC.( no - he would't admit to that, even if true).
I am still of the opinion that the 'sale 'process is buying time for the company to evaluate a further drilling programme. Of course, if an acceptable bid is made, it would be put to us. But i believe that YE was mentioned as a 'finalising' date, and The Failure will keep to that .

My earlier post re; ' interesting or alarming', was only prefaced with yr. visit to 7oaks ( interesting that you recognised yourself), since the subject matter was OT, and to explain why there would be a lull in news until after yr visit. The main subject matter was started with a new paragraph, to distance itself from the preface. It does say volumes about you when you saw yourself in the post. Still, thinking was never a strong point for you, but a good memory disguises many intellectual shortcomings. I had a particular chuckle ( sorry bros.) with one of your 'put downs' aimed at myself. ' Get medical assistance before it's too late'. This 'put down' is one of the most frequent used on BBs., and is invariably used by individuals of low intellect who are on the losing end of a debate. With your self confessed predilection for alcohol, and, to be kind, politics someway right of centrist, I think you were born a couple of generations too late no NHS so you are unemployed. I can see you now ( i have seen a foto of you on one of your 'dream' holidays to a rig), colour- coordinated with your brown Oxford brogues, brown paper bag, black shirt, ( optional Brown for European travel) and brown nose. Now that's a put down not often seen. lol.
I find you now tiresome , with insufficient intellect to have a 'good' rapport. Trellis and JTF would make ideal jousting partners, but alas, we appear to be on singing from the same hymn sheet as far as SOU and The Failure are concerned. Bye.

whilst this rns silence continues, and until we have another 'deadline' of 31st Oct. ( Peters visit to 7oaks to blow smoke rings up the bum of The Failure), a little snippet from across the pond.
70% of N Americans say that they are regular followers of a religious ceremony. Average of Gallup polls taken across a broad ranges of age, ethnicity. 42% of N Americans believe in the book of Genesis. That's everything to include God making heavens and earth in 7 days, and Adam and Eve. Furthermore, taking the begats from said couple, they believe that humankind has been on earth for about 7000yrs !!! Yes, seven thousand years. Since the Republicans are the 'religious' party, and Trump is a devout Christian ( lol), this is where his core, unwavering vote comes from, namely, idiots and morons. With all his lies, corruption, stupid statements he can still win another 2nd term. Frightening,

Lets deal with scarf first - I quote 'If anyone has set themselves up as fair game its you testpack. A particularly nasty post. With no facts or substance.' He's admitted it you moron. You can read but obviously have
trouble understanding.
Crude. I also have read The Gulag Archipelogo , and please tell me where you found the humour in the book. Another difficult question for you which you will be unable to answer. And of course your use was only humorous, so funny in fact, you havn't used it for 4 years, except possibly 18 months ago when I had again to castigate you. I've also referred to you as Janus, or, two faced. One image , mainly in bars, when you are the convivial, well mannered guy, and the other is a nasty piece of work., gullible, with admiration for The Failure, Farage and Trump. What a lovely trio of honest, truthful men.

I also admire the NHS staff. I can see that you are not a long term holder, since one of the reasons I think crude is 'fair game', is that 4,5,6 yrs ago, almost every post of his referred to his workplace as 'The Gulag'. You are probably aware that thisis basically a Russian prison and concentration camp. I suggested that since he was so unhappy, it is likely his work suffered, and of course, he would have little enthusiasm, and the best course of action would be to leave and let someone else, with enthusiasm , take his job. Obviously he wanted to keep his snout in the trough. Sound familiar.!!! So, before you heap praise on him, and defend him - know the facts.

Sorry if putting an extra 'of' in my post confused you. Again, very Trumpesque. Simply put for you, POTUS accuses others of things he has done, and, in many cases far worse. FYI crude, Conservative and Socialism are much different in USA than in UK. There is no way a person with the politics of Corbyn could rise to lead the Democrats. He was only a choice in UK because Labour wanted to get away from New Labour, and typically well over did it. Have Labour supporters never heard of M Foot ( no doubt greatly admired by both Corbyn and Benn), and the disaster he was. I can understand your racism since you work in the NHS, and possibly your line managers are immigrants? An alliance between BoJo and Farage? one word - unholy. For a laugh, tell me how you stalked the CEO of a listed company, to gain his attention , and friendship? - Bet you don't. lol

Since the For Sale sign went up I have thought 50p ps was achievable. But I am still of the opinion that a sale will not happen, and we will commence drilling again, hopefully with more competent Board members. Crudes estimate have ranged from £3-5, £2-4 following the For Sale sign,, and now 42p, which just happens to be the highest intraday day price over the last 12 months!!. Not another diner date with The Failure, where copious freeloading led to loose tongues.?
Crude - You get more like the mentally unstable Trump each day. He accuses people of doing of wrongdoings which he has done. You accuse me of being a stalker, when in actual fact you self confessed to stalking The Failure to gain his attention, then friendship. You are pathetic. And of course, you failed to answer my question, cf Trump ( again), even when £50 is on offer. Just one of many questions you fail to answer. You know full well why I consider you fair game , and will continue to make recent shareholders aware of your blatant obsequiousness.

A poster( previously multiple posts, nowadays, rarely) who I will refrain from naming, since I have embarrassed him enough, even to the extent he refrains from replying to a post of mine, even when £50 was offered to his fav. charity - bless. He used the above term in referring to The Failure in a comment made to JTF. He did not realise the implications in the surprisingly similar history of both. Briefly - they both had their base in Italy. They both had significant interest in N Africa. Both had initial success with help, The Germans and Te5 found by Fastnet. Both had severe losses after initial success, El Alemein ( 2nd) for Il Duce, Te9, 10 for The Failure, leading to a retreat for both. ( For Sale sign at SOU). One fell out of favour with his base support and even ardent supporters for his ambition which far exceeded his ability, and I'm not quiet sure what happened to Mussolini.

RS, an unreserved apology for the slur on yr character. I made a 'schoolboy' error in not re-reading yr post, which would have clearly shown you did not use the 'would of'. Deepest apols, Mind you, I think my demeaning remarks were better than yours' lol.
Now here's a thing, Getyourcoat obviously didn't notice my error otherwise he would have castigated me for it. So my criticism of him as an idiot still stands.

Getyourcoat. It wan't a mistake, it was a deliberate use of the words to catch Rubber, which it did.. Do you know the difference?

Copacabana has changed much over the past few years, mainly because of the policies of Rio's State former Governor Serge Cabral, who in his tenure, diverted petrodollars from The States Security, Hospital and Education budgets to the WorldCup and Olympic programmes. This has bankrupt the State of RdJ. Cabral is currently serving 14y2m for bribery and corruption. He amassed more than $80m in backhanders from construction and other infra-structure contractors. Security is a problem, and, to answer your question, Yes, I do walk on the beach at night, especially on full moons to watch a glorious 'red' moon rise over the horizon. I and other residents, are always aware that mobiles are the main attraction for beach muggers. Never go the beach, or anywhere else in Rio, overtly advertising ones wealth. So you will be ok. Like any other major city, there are do's and dont's which can readily be accessed. However, knowing this information still makes you uneducated and an idiot. C'mon, a bit of honesty from you, you didn't notice the 'would of' in my post did you?. Oh, Get your Coat, when you have a few minutes, check a post of mine to DaveyBoy some few months ago when I raised his lack of education through his use of 'would, should of'. Idiot.

Mahatmajacket - lol. Did you read Rubbers post? He used the would of , should of, that's why i used it when citing his lack of education, since I knew he would not notice it. And you also fell for it. were you educated in the same area as RS, and the 3 idiots who recommended your post, You couldn't make it up. I think it's time for you to get your coat. Byeeee. I don't filter people cos reading posts like yours and yr fellow idiots give me a laugh.

Yes, jealousy is a cruel master. I will not ask where you hail from, but obviously it has low education standards, and so any point that you attempt to make is groundless on the count of a poor education., and your obvious inability to assimilate meaningful information. Almost certainly you are wondering how I know that you hail from an area with low education standards, or that your parents chose a school requiring limited knowledge for acceptance. Never mind. eh. I'm sure you would of made a wonderful Geography teacher.

When news from The Failure is evidently still months away, and a recent caveat that the 'expected' timeline of 'end of year', may indeed extend into the next decade ( hopefully not the one after), I ask that The Failure's mouthpiece, relate to me, since I was not there, his stage theatrical at The Shard. I did previously mention The Gherkin, but was corrected. I do remember however, that beside drinking himself to an almost incomprehensible state at the event, he accompanied The Failure to a night club to have a 'cheeky top up,' again at the expense of others. Freeloader comes to mind. Now come on crude, although you probably can't remember anything of the event, you have watched it repeatedly with family and fiends at home, tell me , and others, who may have missed it, the bones of your 'sul generis'.
SO, we both know he won't reply ( it will make him look stupid, and gullible), so why don't you give me a synopsis. crude - you referred to my first post requesting this info. as ' making a fool of myself', I mention this in case you got hammered last night and can't remember, so try another dismissive remark. Guys, it's only a bit of banter with ' he, who has been chosen', but it's rather one sided. I am sure that there are new PI's who have not seen The Shard video, and would like an 'on topic' recap from crude.