Have now proven there is a working conventional petroleum system in the Kavango. Now the objective is to master it. interesting play sitting on apotentailly a world class oil field. Short sellers Viceroy have been accused of“intentionally false allegations”. Close to the buy zone again!
large volume yesterday. 18% gain
The stock suffered when the goverment protected homeowners in early 2020
hence the continuation of the falling stock
with benefits and protection set to disappear this could get interestingwe may have bottomed in non-performing loans
Lots of resistance needs to be broken... after $15 could climb rapidly if the USA does go into a recession.
beneficiery of the lighter end of the NGL barrel
2 times cash flow
Billion dollar infrastructure asset ( possible to drill on lots of land if price stays around these levels)
Margin is good at these prices
keep eye on service costs
needs $4 gas
SandRidge plans to cut total output further to between 4.8 million boe and 6.2 million boe
Just checked out my mates facebook timeline... as he has now started posted lessons learned like we are through this.... maybe time to take some money of the table... although im only in Uranium and tanker stocks
GOLD mining shares about to lift off?
Concerns: things to take in account
Iranian tensions in the market?
Us dollar weakning on talk of rate cuts in July?
World dollar shortage?
Increase in oil price sucking up dollar liquidity.
Chase to safety which will also increase the dollar price..
Gold and the dollar could both go up from here..
Needs to first...
* Worst performaning market
* Ripe for a bounce
* maybe as hit double bottom (jump in and out as it could go lower)
With a flood of dollars about to hit the market some day soon in 2019
Maybe a 2020 play!
Lets see some stability around these levels first
Neutral until it breaks downward trend could go lower
Possible double bottom in?
Future demand from millennials is minimal as they are attracted by the prospect of cheaper stones generated in a lab that are guaranteed to be conflict-free.
store of value in trouble times. no! precious metals are probably a better investment as diamonds are...
Price peaked at $28.8 on November 29 2018... it is now $8.50
Would like to see it jump the downward trend.
Vanadium is used in aerospace, military defense, large-scale energy storage, and steel-strengthening agents.
China controls 60% of the global vanadium supply.
US imports 100% of its vanadium.
China’s vanadium supply is insufficient to meet its own domestic...
Can be described as a bag full of shit, but has been steadily advancing the past months, with elections coming soon...
one of the most bombed out market it as spent 30 months building a long bottom between 0.550-1.074
If the new democracy is elected and say the right words investment could return driving the market higher.
On the other hand this is greece...
Chinease coppar cobalt play hitting critical X.
Chinease high debts/slowdown.
Civil war ebola scare
dividend 2,8% and increasing...
Electric vehicle growth in china