Cheers what? With brent now above 87, Hibiscus should easily above 1.20. If traded above 1.30, its just catching to market. Cheers? Need at least 1.40 lah...
Rapid aiming to add Crinan, Dandy to North Sea Fyne cluster project
Rapid CEO Hallvard Hasselknippe said, “This adds approximately 7 MMbbl to our contingent resources. In particular, Crinan will be a very cost-efficient add-on, as it can be drilled from the Fyne Central location.”
A bit tough engineering, all depends how FED wan to increase rate or not. If FED increases rate, then crude oil price will drop! Guess you better sell and lock profits! Greedy kills!
doubt crude oil price will drop much if FED were to increase rate. Saudi and Russia have so far been consistent on seeking a higher crude oil price to the extent of voluntary production cut.
Proxy counter for Petronas. Pure oil play. If you believe oil prices up invest in this counter. If not stay clear. Hibiscus started paying dividends recently although the rate is still low as they are still expansion mode.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Six6thsense
176 posts
Posted by Six6thsense > 2023-08-30 11:44 | Report Abuse
pls sell more rubbish