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04/01/23
10:25
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Originally posted by Onspeed:
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We have a few things going for us on the market level - Russian crude set to drop by 1M barrels this year - Current UK proven reserves sitting around five years total output - US fracking growth is down - Russian Oil ban in force February 5th - EU diversification - US restock of SPR When you take a step back and look at the macro situation it starts to make a little more sense why the US is about-facing on Venezuela energy sanctions, and the UK has initiated it’s largest exploration block released in ~ four years. I hear the FDR team is working extremely hard, I’m sure it has nothing to do with analysing all those UK block tenders I increased my holding to 6.95M shares, roughly 4% of company GLTA
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Morning Onespeed When are you picking the next Catalyst? I can see Value here , just a matter of timing for me....... thanks NZT