Member Info for Thronegames

Got in yester day at 25.8p on expectation that oil price would continue to rise in advance of OPEC+ meeting. All these players want is a higher oil price for their commodity and are willing to manage perceptions to achieve that. Thus the Russian Oil Ministry predicting a shortage of oil next month! Share prices seem to be totally divorced from the realities of supply and demand, i.e. value. Otherwise how can a barrel of oil be worth 40 times what is was worth over a month ago? If there is any quibbling at tomorrow's meeting the price could be back down by 10% on Monday. Insane market.

Watching Brent chart and a sharp fall at 11 a.m. after the OPEC+ meeting postponed and swinging all over the place for about an hour or two. Now steady at 38.9 and rising slowly over the last hour. Looking at TLW, BP and RDSB and charts are almost a mirror images of each other and the Brent chart. If a new date is set for the OPEC+ meeting, my guess is that oil prices will continue to rise slowly as we approach that date. But of course any news on rig counts or inventories could push it in either direction. I've been in and out of TLW and got burnt over the last year. Looking at it again now ; the daily % rise is magnified vs that of the majors above. I added more BP 2 days ago . May pull the trigger on a Tullow buy today. Best to Yall.

Has anyone her an opinion re the last sentence in the RNS about M&A activity? I may have missed something as I don't read everything here.

That' s somewhat reassuring, Thanks ShareAnorak.

Surely it's unusual that WH Ireland resigned? Could indicate something seriously wrong in terms of corporate governance. Would not be surprised if they were delisted next week. But if that's the case, why bother keeping shareholders informed by RNS and by email and phone as per some of your reports of communication (I see the same on ADFN board)? Is it to fulfil AIM requirements only? One way or the other, this stinks. Why BOTHER to appease shareholders with communication? - it's not as if we're in a position to take action.

I've not looked at this board or checked for EUA news for months as I had more or less given up and waved goodbye to my investment because of the ongoing silence from the company. I logged on today and read the two RNS reports from April and was pleasantly surprised. I'm trying to make sense of the language in the 30 April RNS. In particular I'm trying to figure out whether it implies that the suspension of the shares on AIM will be lifted if a new NOMAD is appointed by 29th May? So the shares will be trading again by June? Anyone have a strong opinion or information to offer on this?

...about the deafening silence following the suspension of this share. If it was simply a matter of clarifying the relationship with CITIC as per RNS then it should have been sorted in a couple of days; it's unreasonable to leave shareholders in the dark for weeks.
For those who think there is some bidding war going on in the background I would say I admire your optimism - we should have heard news by now. For example Anglo's recent takeover bid for SXX was announced without the shares of SXX being suspended for weeks. Also for those who value the company by multiplying the market price of Palladium by the number of ounces in the ground, a mining company is never valued in that way - there is a substantial discount to the market price. I've read very little sense on this board to date; the whole pirate / Galleon joke is wearing thin. Anyone who posts sense amongst these comic book exchanges is labelled a 'Bot-fly' - whatever that is, or a 'de-ramper'. And before anyone responds in the usual childish paranoid manner, I stand to lose £5k here; not a disaster as I'm well diversified, but disappointing nonetheless. I haven't yet come across a share that has been suspended for so long without any news but then I don't have much experience investing on AIM although I have over 20 years experience investing on mainstream markets. Can anyone provide a sensible rationale for such a long silence from the company?

Ok that's good news!

Twentyfour, what happened with the other two shares suspended?

I've bought in here at 4p and 7.5 p. Hoping it's good news. Not trying to rain on your pirate ship but there can be many reasons for suspension.

60p etc? Doesn't make sense even if it is algorithmic. Can anyone enlighten me?

I've also seen sp's rise after such an occasion; sense of relief that there is no more bad news - all baked into the price already. Any positive commentary in the report itself or by analysts could be a positive catalyst for the share price. On the other hand you may be right. Nothing surprises me in the stock market anymore! Been trading for years and still make mistakes - irrational loyalty being my biggest weakness.

Having watched this for the last few weeks and particularly over the last coupla days, I cannot see any LT holders selling at 54 or below. I think the serious shorters have mostly been shaken out as they know a further fall is unlikely. I think the action on today's chart is due to day traders going long and short for pennies. I bought again today at 53.8. Problem is I can't see it breaching above 60p anytime soon as this will trigger a lot of sells from pi's like myself in for a quick few hundred bucks. Unless of course there is some serious news of substance. As it's dirt cheap at the moment any bit of positive news could see it take off.

Good work there; bought at 54 and again at 51 in the last half hour. Dangerous game though.

Rarely seen madness like this. Bought in again today at 54.21 and then about 5 minutes later bought again at 51.14. I thought the bad news was already priced into this since last update a couple of weeks ago? Has something changed that I don't know about?

...again for another quick 10% but hard to read the bottom here today! I don't see what's changed since the last disastrous news update two weeks ago; seems like the same news re 70kpbd and Carapaca has just been re-hashed this morning. Or did I miss something fundamental?

thinking of increasing my holding. I'm not loyal to any share like some posters here seem to be. I'm only here for the money. I only know that they mine Palladium and other metals / minerals somewhere in Russia. Can anyone give me three reasons why they will increase substantially? I normally stick to FTSE 250 and Nasdaq / NYSE stocks that pay dividends. I had SXX for a while but got fed up looking at it and sold at a small profit.

yes 70k vs 85kbopd is not = -70%. One of the most stupid things I've ever seen.

Yes I'll probably hold until closer to the Carapa result when speculation drives it up further, Only reason I bought is because it was probably one of the biggest over-reactions I'd ever seen in the market.

holding medium term is huge debt level in relation to free cash flow. Big red flag for me. So I am at +10% now which was my target; I'll hang on for another couple of weeks I think.