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https://beta.photobucket.com/u/yankamolarout/p/43e45b60-79de-45a8-a82f-8c721ea056f2
"Aye the day a Brit from whatever part of the UK cannot take the proverbial with one another will be a sad day for mankind
:-) "
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Agreed Shedful, but noteworthy perhaps that we have "Jocks", "Micks", "Taffys" & "Paddys" but no pejorative term for the most populous of our family of nations.
So the "wiper trip" is basically a smoothing off ream of any rough or loose bits in the bore?
Re: "bean counters" getting an increasingly influential role in engineering works. It's the same in too many industries nowadays: local govt., film industry, arts, health care, you name it. They know the price of everything and value of nothing. ( Apologies for O/T rant, although after the bell)
Albi. Yes, fair do's.
You can learn from nearly anyone if you are respectful and give them the time to explain their viewpoint. Admire your openness to an alternative narrative.
Albi 1: "we had a visit from a committed bear to bull investor (he shorts then buys to max his profit and good luck to him, beyond my ken) over on the II board recently."
Aye, I read what that individual posted. Why do they always deposit such poorly punctuated graffiti ? They always seem to be in a hurry. No time for commas, capitals or full stops.
I visualise them using some kind of software that raises an alert whenever a share jumps by more than 7%. They hurriedly arrange their positions then jump onto BB's to tell all the LTH's that the end is nigh, before rushing onto the next share that pops up on-screen. Seems a miserable way to live.
My understanding of Malcy's " I'm not saying it's a ten bagger from here..." comment ( when the SP was around 45p?) was that he thought it may, perhaps ten bag from an earlier, lower SP.
Which is quite possible, if he was thinking about prices in the 10's or 20's.
Anyway, not sure why it matters so much, he's just a commentator.
PS: Thanks Rex for taking the time to lay out your thoughts.
Jeez Rexmotego, I had to break out the Rosetta stone to decipher your post.
"My figures triple checked".
I think that what you are saying is that since Ithaca paid Chevron $2B for 137MMBoE of 2P assets/ resources, then IF Huricane can unlock 700MM - 900MM of 2P by 2023/4 the value could be $2B x 700/137 = $10.2B ?
Is that right?
Thanks Mr Fox. The psychology is very interesting to me.
I've done that too. Sold, then felt left out & bought back in the same day. I suppose the "trick" is to know your company and the market well enough to have the confidence to take a considered risk and hold your position. Sadly, for me, I'm not interested enough in money or market to devote the time & discipline needed.
Well well; Well played that man.
Did any LTHs take a wee flutter on yesterday's rise?
There has been an opperchancity to make 3p + per share over the last 24hrs or so. I know johnpwh has "confessed" to taking a wee spin of the wheel and no doubt feeling sagacious today.
I did considered a cheeky 10k sell, hovered over the "Deal" button, but decided that I was happy with what I have, didn't want to risk missing out on sudden news and didn't want to have to nervously watch SP movements all day. Plus, not worth the stress for a few hundred quid.
Not asking out of noseyness into anyone's holding. I'm more interested in the thought process behind such actions and or knowledge/ experience that prompts a "deal or no deal" decision.
Getting offered 63.25 on Halifax for a 10K sell. ( not that I will though)
Any chance you could summarise the point you are making Joe Soap? You've lost me. (easily done right enough)
Thank you for the information JayKay1. Most helpful. Googling "uncrossing trade" hadn't yielded anything useful.
So was it the late 1.7m trade which pushed the SP back above 57p? I'm sure it was 56 point something when I looked at 4:30pm (but then all my SP info is delayed by 15mins). Hope it's people filling their boots prior to +ve news.
I was a touch nervous this morning to see how the SP would behave. ( Last last week's 6%+ dip gave me a fright until I could see that it was market wide)
I'm learning ( as a rookie) that the market seems to "sense" any negative news before I get to hear of it. So on that basis, the wee rise this morning and ongoing blue tick up is reassuring as we approach (hopefully) the "official" FOIL RNS.
Curious as to whether other see FOIL priced in now, or think we will get any boost from it becoming "official"?
Very sorry for the O/T. ( Perhaps we need to open a HUR chat room?) I just feel the "Wall of Sound" deserves a picture.
I'd always assumed it was just codpiece-rock posturing having a wall of P.A. but quite pleased to now read that its creator was looking for an undistorted sound for the audience to enjoy and that quality rather than quantity was it's raison d'être. And that it did not require routing through a mixing desk or use of delay towers, since it could be heard up to 1/4 mile away!
http://1.bp.blogspot.com/-UBfkLy8_bAc/TtetfxscDFI/AAAAAAAAPDg/7TcpYUzb53Y/w1200-h630-p-nu/Grateful+Dead+.jpg
PS: Interesting to note that Bose attempted to tackle the "problem" that a live performance is often a simulation of what is happening on stage. The sound engineer attempts to mix and EQ what we hear via the PA, rather than us just listening to the "back-line" of amps that the musicians have specifically chosen for their particular sound. Bose developed an on-stage amp/speaker combo that aims to just make each instrument louder & bigger, with it's source on-stage with the musicians (rather than bolted to the ceiling or walls).
https://pro.bose.com/en_us/products/portable/l1_model_ii.html#v=l1_model_ii_black
DiveC. Yes, a simple formula; C= Pi x D. But adding a metre to a rope 25,000 miles long doesn't feel like it should make any measurable difference to circumference, and yet it does.
What I found even less intuitive was that adding a meter to ANY circumference will increase the radius by exactly the same amount, regardless of original size.
Johnpwh: Sorry about mixing S.I. & imperial units! A bad habit. I do it all the time. I measure things in mm but imagine distances in inches/feet/miles. Might be my age (55yrs). I've got a foot in both camps.
"Quiet 'ere 'innit?" OK, given our love of all things ropey on this BB, how about this;
Imagine a rope stretched tightly around the whole earth ( let the earth be a perfect sphere), around the equator, such that it sits taught on the ground. Now, we add 1 metre of extra rope by splicing it into the existing one. So the rope is now 1 metre longer in circumference than it was before.
How high above the surface of the earth will we have to raise the rope in order to make it tight all the way? I.e what height of shims would we slip under the rope, all the way round the earth, to make it a perfect, taught circle?
Have a guess. Use your intuition.
Weirdly the answer is 159mm. Adding 1 metre of rope means we need to raise it 6 inches higher, all the way around the world to make it tight again. Not a fraction of a nano-meter as I guessed. It seems counter-intuitive to me but here's a short film that explains. ( with a bit of philosophy thrown in)
https://aeon.co/videos/what-wrapping-a-rope-around-the-earth-reveals-about-the-limits-of-human-intuition?fbclid=IwAR0iYTZsK6DVHVnNKhqiXsrc_7hh0itv3KtA7bvCd3HLKKdYCljJV87kek8
Fifty six point three?
That will do me
Let's hope for the best
A nice RNS,
On Tuesday and Sixty five p.
( This doggerel is brought to you by Trippel Karmeleit beer, 8.8% ABV hic...)
Genghis: " What you are all missing is that BS collapsed bcos Greybull, ie, PE vulture fund, screwed the hell out of it. "
Yup, £6m in "management fees" paid to Greybull by British Steel in the first two years. £100m profit for Greybull from the failed Comet chain. All profits "earned" in tax haven Jersey, natch. Vultures.