Member Info for TonyBaby

Do we definitevly know the price point? The price when it goes in the tanker, when pc sell it? For example if the sales are delayed because of no 2026 agreement and its in storage they could try to scam us for storage costs etc. we have no cards as DT once said. Fingers crossed...

Given the cost and timescale involved I cannot fathom why we aren't doing it, unless they are afraid of poor results. Probably only a months wages! Everything appears to lack urgency?!

Do we know at what point the price we get for our oil is calculated? E.G. when the truck arrives at PC?

Let's see what Friday brings?

GLA...

Sounds like a severe case of eczema, may I suggest a cooling emollient...;-)

Suspect China will warn Trump about Kharg Island as they get a large amount of Iranian oil...

But I'm waiting for the cash for my roof top garden in sunny Tynemouth...

The trial is a whitewash...The product works...It must be the post trial arrangements that are holding this back. From what I remember they could blend on board for the trial and maybe not a bad long term solution... Why have a difficult to negotiate bunkering solution when you can have a mmu on board and take existing bunkering stock? I may have over simplified the issue but...

I find it inconceivable that China hasn't had a quiet word with the USA about Kharg. Given the amount of oil they recieve from Iran I think it is only a matter of time until China escorts it's tankers the the straight. Then what? Difficult days...

BOING !!!

Not sure what the difference is one takes a short term view the other presumably relies on RNS etc and sees a rainbow....One makes a few quid here and there, the other bombs or far out performs the trader..It's all about chance. I suspect the knowledgeable trader wins most times...Me I'm in the rainbow camp... And what a beautiful rainbow it would be...

All due to SOH opening...Others have dropped similarly...No change waiting for news...As always..GLA ETC ETC

BEST POST I'VE MADE ALL DAY!

The problem as I see it...Is that the oil MUST go to the new refinery. China would like to export it,especially given what is happening elsewhere. That constraint reduces the suiters and the price to be paid. Essentially it's a money making play as opposed to a strategic one. The latter would possibly attract a better deal? But hey ho...

I think you need to read it again!!!

I like Asparagus!

Dust, I'm patient but I would like them to specify what is actually stopping signatures. It's not as if they didn't have a contract boiler plate from Mearsk...Something doesn't add up?

I may be missing something????But Mongolia is building a refinery to become self sufficient...Current production doesn't feed that refinery...Trump is strangling 40%+ of China oil imports... Presumably ANY deal with whoever will state refinery comes first? Chinese interest would then be profit margin, which is not bad but not strategic? Let us hope it is someone who just wants the money...Or can someone explain another view point...

There is no way Matad could share commercial information from one party to another. In a competitive tender situation parties will be given some indication of what matad will accept. Either they set a deadline for best and final offers or take first past the post. Otherwise why would anyone go first?