Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Cheers guys, yes Dodger is correct, I do realise it is pure coincidental that oil drops, (nothing to do with PMO update) just always our bad luck when these updates happen that oil seems to be on a downer and any rise we should have, is negated by the drop in oil.
Also reminder this week, API is tomorrow (wed) and EIA on Thurs, same day as trading update. So lets hope there is good news in update on Thurs at 7.30am and then good news at 3.30pm with EIA.
Keep fingers crossed and good luck Thurs to all that's in.
Considering oil was up to 62.84, PMO looked weaker today and was not holding like it has last few days.
Next couple of days will be interesting , but as we always have before any PMO update, oil dropping again (61.89 as I write)
Lets hope they know more about Zama and we can lift this well into 90's.
It does feel like there is a touch of downward pressure again, like the old days, & coincidence G.Sachs brought out holding yesterday. Seems 86p-87p is where they want it presently. (more like 86p) IMHO
On level 2, a few reds last couple of weeks, did not make too much impact, but today it is.
Anyway Oil feels like it still wants to get up there past $63..(62.67 as I write) so if oil goes up, its sure to rise with it. All eyes on API then.
Yep, oil up and down like a "brides nighty"
Still oil above 60's is still okay, making reasonable free cash flow still.
Beerbull, Iran have as much credibility as "Santa Claus" , I just do not believe the story, or they have exaggerated it 50 fold.
Everyone knows, these odd tweets here and there may influence for a day, but everything goes on same course as before a day or so afterwards.
I am hedging my bets on the fact the middle east manipulate events and that Saudi will have some possible underhand or otherwise to get oil up. I was surprised they announced for December, giving them little time to get oil up for IPO. But they will have their own agenda as usual. Lets see, Dec only 3 weeks away. GLA
Nigoil, if you have been through what you say, I don't understand why you are so bitter and twisted and nasty on this forum. This forum is all about PMO and people investing to try and make money, not constantly having a go and make up stories about people and getting personal.
Nice pull back from today with oil. Hope it can hold steady until next week and into trading update.
They may know price they have agreed for Zama, but doubt will be in PMO "coffers" until end of year/ Jan 2020 as takes a while for contracts etc......Even if they know sale price will give us good direction on SP and more accurate time frames.
Once they have money in (and TD does not spend it) guess they may start to look at renewing finance deal next year and negotiate some better terms on much lower debt balance. 2020 will be catalyst year for PMO, if Oil can stay $60+ will be good. If OPEC cut to help Aramco off ground etc..., could see $70-$75, with a bit of luck and tailwind IMHO
GLA
Kraken, something to look forward to. Cash is correct, the 14 November 2019 is Trading & Operations Update.
See what they have to say. Good luck.
Cannot believe how well the SP is holding up. Oil down 1.81% and PMO up at 87.30 +0.50%
This would normally have tanked 4% to 5% in the old days. Just hope this is start of something good here now and not before time might I add.
The nasty twins Grippa and Nigoil playing the victims again, it's all lies I tell you, fighting for the good few, you both deserve a hero's welcome.
By the way, none of you ever did give me a quote of any lies after asking for it for the 50th time, even after not posting on here any comments last few weeks, apart from defending people.
Anyway I hope you're film makes you a lot of money it's out now isn't it, .......the joker.
Thanks Dodger, appreciate it, will try just to ignore it all. Hard when people calling you liar for no reason for simply investing in a share.
Thanks again...
So state one post where you can prove i have been dishonest. Never has anyone proved anything I have said as lies, (opinions are not lies ) but I proved what Grippa said was lies. Funny old world aye ?
Show me your holdings like I have shown mine on here to prove to ********s like you that I am a bonafide trader.
Nigoil, normally posters that have to **** others are tinpot investors spending their life on these forums winding others up.
Always behind a keyboard, never say boo to a mouse in real life. Met them all my life.
Grippa, Somewhere out there, is a tree, tirelessly producing oxygen so you can breathe. I think you owe it an apology.
And your mate Nigoil, I don't know what makes you both such an ars*holes, but it really works.
You both making your own lies up as you go along, no such thing ever happened with SK. You both couple of complete and utter morons. You both should be in straight jackets and then get a proper life. You both nothing better to do.
Nice to see "Grippa" go to new lows, but not unexpected. Guess he gets a kick out of throwing abuse around on these forums, behind his keyboard, but questioning Sauer K's state of health shows his lack of social etiquette or maybe he has a chip on his shoulder from some past life. I have not posted for a while now, therefore not giving him any ammunition to throw abuse, that he seems to crave, but seems he never takes long to find new targets.
A crazy world we live in !
PMO holding well lately, bought some I sold, back in with a tranche this morning. Looks like a whole new PMO to me.
Good luck to all that have had the patience in this.
Hi Beerbull, I have not commented too much lately, then Grippa & co cannot say I have been influencing anything on here. (as if anyway LOL)
Just got a small handful still in, sold most as thought oil had gone up too quickly in last week, so took some more good profit. Was looking to get back in with big chunk later today, but wanted to see what the EIA was first, just to play safe. Looks like they wanting oil up, so think this will just be a small blip, for few days, especially as Aramco float on for December, then we got OPEC meeting Dec 5th.
Thing with oil and PMO, they can change with the wind, (although PMO been very steady lately) staying long is often best policy, if you have a figure you want to achieve, especially when all the pins, starting to line up. For me, after the last run up, its hard not to see a large profit and want to bank it, just to play safe.
What is your target price to achieve Beerbull ? Think the next 12 months will be very rewarding here !
Good luck mate.
US EIA Weekly Petroleum Status Report
HighCrude Oil Stocks, +7.929M
HighGasoline Stocks, -2.828M
HighDistillate Stocks, -0.622M
I will be glad when Brexit is finished, one way or another, then these forums can get back to talking about the shares that matter and comments associated.
There are some people that just talk it all to death on here, as if if it will influence anything. What will be will be, life will move along and everyone will live happily ever after.
Will look forward to reading about Lloyds in 12 months time. LOL
US API Weekly Statistical Bulletin
MedCrude Stocks, +4.3M
MedGasoline Stocks, -4.2M
MedDistillate Stocks, -1.6M
Cash, Hope you made a few quid. Good luck with any other investments you may hold.
Makes you laugh at Grippa's evaluation of Woodford, who has just closed his investment fund losing a good chunk of his clients investments, while he still charged his fees even while the fund was suspended.
Here is Grippa,s extract on 17th Oct he states
"Woodford has made some big mistakes, but he's not a crook or an idiot, and would not be in the habit of buying companies that had no future prospects."
Well that's just what happened Grippa. No wonder of the 4 or 5 companies you invest and comment on, all have lost substantial sums in last 12 months, apart from PMO.
Maybe your constant ramping on all these companies, should have a "beware, Grippa's advice and constant ramping can seriously damage your investment. "
Now Grippa, I can see now why you are hurting, losing a load of your money on your investments and taking it out on innocent people here, but not sure your credibility will mean much to serious investors, with those wide off the mark analysis & comments. Hope your luck changes and you get your losses back on your other investments with PMO.