Another interesting week. I3 Energy (I3E) announced news which appears to have confused many. Key point is that the warrant and management option strike prices are being reset to the nominal value
Good morning everyone, we hope you are all staying well in these continued troubled times.
Some interesting announcements in the last couple of days, so starting with the better ones:
Both the markets and oil prices continued to firm up last week and, on the company front, it was an interesting week for news.
Oil prices have been firming up, making projects more viable now for low-cost operators. It’s still difficult for many, but some can make it work at these levels. More importantly,
I know it can all look gloomy, but actually it’s not. The number one on the private blog list rose over 100% in the last 8 trading days. It all just depends
RockRose Energy (RRE) issued an operations update. Cash at close of business on 25 March 2020 was £287 million, of which £248 million was unrestricted. They anticipate unit operating costs of
I said on Sunday that a lockdown was a virtual certainty, but the stock market would stay open and both were confirmed on Monday evening by the Government and the
It’s been a busy week. The oil price dropped into the $30s, which prompted a number of company announcements, some credible, some not. The worst of them also took the
The oil price is now in the $30s and if it stays down at this level, a new game will commence. The good thing is that what’s actually viable at
The lower they go, the harder they bounce and there’s still good money to be made, even in (perhaps because of) such markets.
