Sold a few Ok, you topped up again in the 60’s earlier this year if I remember rightly ? So a nice return in a short space of time. I’m happy just to be looking at a lot healthier position than previously. I think it will be interesting to see if the shorts have run for cover today after the crude jump over the weekend. They still have some reducing to do.
Boring Price Action Still tracking last years price action… image.jpg1677x759 225 KB
Sold a few Sold 10% of my holding, still think we will trend higher over the coming months with the completion of the Zama appraisal and continued debt reduction, but it is nice to bank a few quid. GLA
3 weeks ago GK, unfortunately don’t have time or inclination to trawl through your past negative posts. Having said that one bit of misinformation you posted that stuck in my mind was when you brought up voidage re the increase of production at Catcher. Anybody would think you’d got access to the pmo data room. I’m happy to let others, if they can be bothered to call out the negative misinformation you spin. In your words hope you’ve taken a few in PMO, looks like a blue day.
3 weeks ago Diesel, Yet you weren’t surprised Cocka appeared having suggested £2 was coming back in October? I don’t know what misinformation I have spread, maybe you could elaborate? Good luck tomorrow.
3 weeks ago With oil perking up nicely & talk on Reuter’s of trump not extending Iran waivers, it’s looking good for pmo after the Easter break. I’m surprised GK poked his head above the parapets, he usually only appears on bad news or when the sp is weakening. How times change, but their again maybe now that he is posting on the enq board , maybe pmo in comparison doesn’t look so bad.
3 weeks ago Cocka, Welcome back, I thought you might have been banned like you were four times on the LSE board, I’m sure the irony of your post was not lost on most, evening Diesel. Sorry I’ve not been posting of late but I’ve been concentration on dogquest, you’ve obviously missed me. Your last post (ramp) back in October suggested £2 was coming, so this is bagger from here? lol. Why did you go into hiding after that post? You don’t need to answer that as it was a rhetorical question. Next time you post can I suggest it is about the company and not me bunny boiler springs to mind. To the genuine investors here, good luck. This board is dead, I might have to liven it up after the Easter break. Happy Easter all.
Brent crude back over $74 again. Is $74.24 as I type this SOCO XXXX This went to a65p low 28th Feb recovered to 76p now.
Talos Zama update Positive update [link]
Boring Price Action A good Zama result might put some pressure on them to close, any ideas on when we might hear something?
Boring Price Action Continuing to enjoy this boring price action with the £ level breached and oil over $70 plus UK gas prices recovering alot in the last 3 days, albeit still lower than just over a month ago. Just wondering if and when the short sellers decide to head for the exits the price effect it might have. Otherwise, no news seems to be good news and the trend is your friend as they say.
3 weeks ago Cocka, I’m just glad he’s cleared off & spreading biased misinformation somewhere where his appreciated (or not). Having said that No doubt he’ll be back if the sp dips…
Boring Price Action Evidently not everyone shares the same bullish view, unless its part of a hedging strategy of course. I’m struggling to work out the current macro picture, on one hand we’ve got Trump complaining that the price of oil is too high, but then on the other hand you’ve got the US putting massive pressure on both Venezuela and Iran. Just this weeks there’s been more reports that the Iran sanctions will be tightened further in May, it just doesn’t seem to add up with Trump wanting cheap energy. Unless he’s worked out that higher oil prices, given that the US is now the biggest producer in the World, has an overall benefit to the US economy and his tweets are just a ruse to shift the blame for the rising oil price?! Who knows! If the US continues on its current path and OPEC/NOPEC do not change course then I would imagine we’ll be looking at some serious draws over the summer period.
Boring Price Action At last back over the 200 Day Moving Average with Whitebox reducing short but Voleon increasing ! Go figure, overall more net shorts. Let’s see if the £ can be breached as oil continues to hold, momentum definitely going the right way currently.
Boring Price Action Let’s hope it plays out. Still watching SXX, not sign of the financing yet, but they did say end of the month.