I agree. So far I have come out well ahead on 1 small venture and had bankruptcies on two others with a third running on life support. I think PDS is going to be fine though.
Too bad you did not understand mendacity for if you had you would have noted that nothing in the definition applies to my post about the UKOG video. But I do wonder if you had the caps key on and were typing with one finger as you slowly uttered the letters of the word you were trying to tie to my post.
In US. dollars, it was about 11 cents from 8 cents a share which, yes taffy, is still substantially below the share price of the shares we got when the Australian properties transferred to Central. The key to the news, however, was their emphasis on nat gas which has not fallen in Australia along with world oil prices and the fact that 80% of Central's properties are nat gas dominant. Combine that with the completion of the pipeline system from the Dingo field (nat gas), reduction in workforce and reevaluation of the Suprise oil field (will production there be suspended until prices rise) and you have a better view of the current situation for Central.
I especially thought that the comment about the rock being naturally fractured was very important in terms of convincing people that fracking will not be required. I know that that has been pointed out before but having a petroleum geologist come out and clearly state that in terms of Magellan properties is important. I also thought that Lenigas' comments about going after distressed property, even with oil at these prices, is a vote that prices will not stay down forever and that the UK government does need to make some decisions on how exploit a home grown resource instead of continuing to import. That chart of UK production declining steadily compared to what has happened in the U.S. is relevant. The key, then, is to convince local councils and the government that drilling conventional wells (not fracking) is what will be done and is in the interest of the British population.
Down to about 60.50 indicating a drop again in ORB to about 27. Not sure any of this means much as it will be OA going forward that should be our focus.
But one of them made a boneheaded call that probably cost the Seahawks a repeat. Still, the tipped pass that was bobbled and then caught by Kearse while laying on the ground probably should not have happened. Good game overall and a 4 pt. result. I think Vegas bookies had it right but anyone taking the Pats -1 came out very well.
No idea what the final score will be but this has been one exciting half of a Super Bowl. I think Katy Perry was off tune in her first song but she is a looker so I forgive her.
I do not see avi's pick here. Perhaps "The One" fancies itself a superior being but I certainly would have thought that all that non fossil fuel energy given off by Katy Perry at half time would have least prompted some comment.
I'm sorry if I have made a mistake here but didn't you just tell me the other day that words like "expect" are weasel words.
Until we have a battery system that can story energy when the win is not blowing and can figure a way to power millions of vehicles with solar or batteries (also sources of pollution and still more expensive in most
areas) there will be a continued need for more oil and natural gas. Perhaps the day will come when all of this works but that is not today nor in the foreseeable future. BTW, exactly how many megawatts are currently provided by fossil fuels compared to alternative. If fossil fuels do 90% and all alternatives do 10% then saying that alternatives accounted for 50% of new additions does not mean as much.
32-33 was a target I was also hoping for but it does not look as if that will happen. Still not sure I want to be in OA. I was in ORB for so long it is almost like saying goodbye to a good friend.
Thank you doc. That explains why my math was backwards and also answers the question I posed on "doc from tom". This is a very fluid situation as evidenced by the way ORB bounced around today.
Well, I can't figure this out. Does it look like Orbital shareholders getting low balled in this spin off and new issuance? I honestly thought the defense/aerospace segment of ATK-ORB was going to be worth more than twice the Vista Outdoors shares. It looks like ORB should currently be worth about 31 (based on closing vsto-wi price) even if each OA share is worth exactly twice as VSTO share. Help me here doc--please :-)
Overwhelmed. So am I. But doubling the vsto-wi shares and then multiplying by .449 gives me a number close to what mcrf52 gets and I trust his math. I think I was hoping that the new ATK shares would be worth more than twice the VSTO shares, perhaps worth 2.3 VSTO shares and thus when I multiplied by .449 I would get closer to 35 than 30.