Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
oiluser
not completely against it just how we have done it is does not make sense. The virus than widely spread and now we can see the casualties. Like you said we more than likely not going to find the vaccine against this virus for long time.
Time to get back to normal and hope for the heard immunity otherwise we done.
I think Mexico will to whatever US tell them to do otherwise US bleed them dry. That would be rather unfortunate for them but we never know.
oiluser
Yes we could say that. The thing is $ is backed by shale if oil falls than US economy has finished for decades. US knows that I know that and assume many on this board including you know that.
Question we ave to ask.
Should we take the risk slowly opening the world economy or keep it locked until scientist find the vaccine. Could be months could be years away.
Not to disrespect anyone but do we really want to live lock down for rest of the year?
Can we afford to live like this the rest of the year. I think people grossly underestimate the economic effect of this lockdown.
Like I said in long term this will cause lot more death than covid19.
Ok we get it you short but I cannot see after the deal has done this will retrace 50%. I know you hoping for but US will do whatever it takes to protect price of oil. Otherwise they will fall into deep recession with the world with it.
This is nothing like 2008. We have a simultaneous shutdown of almost everything. 2008 was prompted by a shutdown of credit so balanced decisions could still be made. Hardly anyone went bust and not too many people lost their jobs.
Today the Government shut down supply which immediately led to a shutdown of demand. The banking industry will once again be in crisis as companies fold. Banks will protect their cash and reduce lending and therefore profits.
Governments will have to be the lender of last resort but even their credibility will be questioned this time around. The damage to the UK ( world ) economy will be immeasurable.
Agree.
Thank you.
Like I said sooner the better. So far 95 873 death world wide!!!!! It is bloody joke, if we carry on the least worry of ours how tullow will do but what are we going to eat.
Panic created by media and people sucked it up. In my opinion China planned this well. They knew how the westenr world will react and they were right.
You like to refer to this website when is well known to fund by Green piece. Please for the balance could you find some more reliable source. thank you.
The point is sooner rather than later ANY government will realize one thing. Old,sick boomer generation has to be sacrificed otherwise the next two generation is lost.
Things have to get back to normal asap.
It will effect any business not just TLW.
Give it to the end of April.. then even the dumbest civil servant, the dumbest official, the dumbest medic the dumbest councillor and even the dumbest media commentator will realize that the horrendous cost of this appallingly ill advised business lock down will far outweigh the benefit of saving 10,000 lives.
It will also cost many more lost lives through lost future funding for care, social services, medicine etc. And when even the wages and pensions of public officials look shaky .. we will all be very quickly advised 'panic over'
The medical numbers are grim ... the cost in lost freedoms, social pain and economic setbacks far far grimmer
This will come to be seen as one of the most shameful examples of media fueled government panic in Britain's history
Yes it is continuous but also slowly travel will come back. Governments will eventually stop printing money and people will back to work. If you think the whole world will stand still until September than you mistaken.
Indeed. Of course is all depends in US. If they not follow than they shoot them self on the foot low oil price hit them the most.
No trading today until Sunday night. Open IG account so you can monitor live oil prices.
Yes it is possible. Also do not forget to add that EU countries announced to relax lock down measures .Not long until we come out this silly hysteria as well. Than what people will do? Travel,travel,travel!
Thank you.
Could you please give us a actual link of the storage capacities of each of these individual countries,so we can be certain that the storage full.
Well we will face a very difficult question soon world wide.
If we keep going like this not just one but possibly two generations would be in trouble.
Don't get me wrong is serious issue but the aftermath of the economic crisis will be even more serious.
Tonight I watched about 100 people clapping within 100 yards....
Lot of panic not much sense nowdays.
So US will have cut production either way.
We will see
Ty
If this deal so bad how come the US big oil stocks did not collapse?
Mate switch off you said you out and wont come back. Now you back on Tuesday but probably will change your mind fifty times until.
Grow up you sold at loss your choice,people hold their choice
Just stop this nonsense because it is really irritating.
Bue filtered.
Where do you get your Oil price mate? Go and sign up for a demo IG so you can post the correct price.