Desireoil3009
26 Jul 2015
Re: another view on oil prices I was interested to see this article penguin14, because I have been looking for any of these so called forecasting "experts" actually predicting the fall in oil price BEFORE the event. To date I have found none.Gary Ross supposedly predicted his oil price fall in October last year but by then it had already been in decline for 8 months. Not really much of a prediction when the price has already jumped off the cliff. He also predicted that Saudi would cut production with no effect - [link] that was wrong.In truth, I have not found one single article from before the start of the crash, which predicted the crash. This is not surprising really. It simply serves to prove that no-one has a scooby how oil prices will move up or down.Nearly every "analyst" just now is shouting about how oil will increase again. Of course it will eventually. The deck is now stacked in such a manner that, apart from the occasional spike downwards the overall trend must be upwards again. Anyone could predict this.Please don't take this as an attack on your post. We are all looking for some Mighty Quinn to magic away the POO problem. But the reality is, no-one really does know when the POO will increase in value again and we must all simply wait until such time that demand and supply meet each other again and what the actual value of oil is per barrel when they do.
penguin14
22 Jul 2015
another view on oil prices [link]
eye_user
22 Jul 2015
Options The Company was also notified on 21 July 2015 that, on that date, James Ragg, a non-executive director of the Company, exercised options (the "Options"
in respect of 200,000 Ordinary Shares (the "New Ordinary Shares" at a price of 2 pence per Ordinary Share, and has disposed of 150,000 Ordinary Shares at a price of 7.4 pence per Ordinary Share. Mr Ragg is now interested in a total of 200,000 Ordinary Shares representing 0.09 per cent of the issued share capital of the Company.-----That's it dump some more on us ... We could see 6p based on the latest RNS.
Warthog4
06 Jul 2015
Re: RNS - Results For what it is worth I heard yesterday whilst on the south coast, that a south coast company which deals in accommodation ships for oil riggers,is about to send one down to the FI, journey time about 35 days, client unknown. Draw your own conclusions
Robpug_uk
15 Jun 2015
Re: RNS - Results NerveWreck, it says if noble withdraw from the licence (which i'm assuming will happen if its a complete dry hole), it will return to Argos... so i would assume at that stage the payments will stop...
NerveWreck
15 Jun 2015
RNS - Results I still have a couple of questions...- if the company has exactly nothing to do now... how can they believe that 800K per year "should" cover the running costs? How much could they possibly be? - if the well is not successful, for how many years will Noble and Edison continue to pay the 800K? Everything looks peachy if Rhea is oily.
Warthog4
26 May 2015
Re: On the Rise With only 3 more trading days left I doubt it very much
eye_user
22 May 2015
Re: On the Rise Nothing to see here. Move along----Chopper how's that short going? lol
NerveWreck
21 May 2015
Re: On the Rise We're looking at a potential 100% rise in the month of May here.
penguin14
21 May 2015
Re: On the Rise Welcome anytime ovettssss.....please tell me where and when..!Now, much easier to move you to ignore status, bye.
eye_user
21 May 2015
Re: On the Rise Garbs great call on the 6pHope your well fella
Ovets47
21 May 2015
Re: On the Rise Hang on a minute Pingo, while I put your toys back in your pram!
penguin14
21 May 2015
Re: On the Rise ..... and you should mind your own business ! Frankly, you would be the last person to consult here on this BB.I'm happy with my investing and knowledge of arg, so don't need your advice. You wouldn't' know the half of what is happening behind the scenes. .. THANK YOU. Garbs ?? I might of guessed. Perhaps the site manager may explain the situation to you.
eye_user
21 May 2015
Re: On the Rise Nothing ??? Surely there is something moving it north, if only in small drips. Long way to go before I average out. ----You should have averaged down at 5/6p instead of being so negative to Argos and Garbs
penguin14
20 May 2015
Re: On the Rise Nothing ??? Surely there is something moving it north, if only in small drips. Long way to go before I average out.
