|26 Mar 2015||crosseyed||Re today's production RNS, there were some interesting new figures.
Some may recall that the Interim revenues for the 6 months to September 2014 were rather less than I had estimated. We now see that the Q3 production (Jul-Sept 2014) was incomplete, based on remittance advise from MRO at that time as provided to EME (although it was some 3 months after that period when the Interims were... read more...|
|27 Mar 2015||mike2909||Yes nick it's all my fault. My fault world oil prices fell. My fault the company didn't get sold. My fault the strategic review took 7 months, then nothing. My fault the bod of eme still haven't told us if we can fund the business going forward with low oil prices. My fault the bod never seem to be pro-active in putting the company out there. My fault there is never any substantial volumes... read more...|
|yesterday 08:20||canowicakte||At last Capitulation is near
With every weapon thrown in the ring to bring oil prices down on an illusionary glut, we are close to capitulation with Iran providing that last brick to try to suppress prices.
Iran though has no capacity to sell more, it has the potential capacity providing banks are prepared to lend billions of dollars to get no return at $50 oil.
Saudi are at their wits end... read more...|
|25 Mar 2015||los ricos||don't shoot me down, but everybody moaning and, hey bingo, if we get an update soon then everybody will be happy......and then the cycle will repeat.
need BoD changes so it doesn't happen again imo.
remember chance was there 2yrs ago, don't miss it this time.
|Sat 16:47||crosseyed||EME post 190252 28 March 2015
Firstly let me apologise for my post 190234 (now withdrawn) in which, due to my misunderstanding of Friday's RNS though put firmly right by mortiel, I thought that the Interims under-reported production, revenues and accrued receivables. I now believe that the Interims correctly report those items with reasonable accuracy (the Interims are not audited).
That... read more...|
|Mon 20:33||blakieboy7||Guys...... Please....... Ffs!!! read more...|
|Mon 15:35||mojad5||Crosseyed - your estimates are better than most peoples facts! read more...|
|Sat 18:47||mortie1||Well done crosseyed. I'm a holepicker, you're a solution finder. Apologies for the "firmly" read more...|
|Mon 18:42||go_baby_go||Good article. Thus we are Cheap. The 200k purchase today now brings my holdings to 1.2m. Will add on further weakness. read more...|
|25 Mar 2015||lazarus2010||JB, not sure if I caught the CNN report correctly but I think they said the US have left the area (or was it Hadi's US backed forces?) and they left $500mln worth of military equipment behind which has now fallen into the Houthi's hands! The entire region is now a complete mess and it really is mostly the fault of the west meddling, starting with the redrawing of the borders and the creation... read more...|