RE:Returning
dcnorth you obviously did not read the mar31 release properly or have no idea what you are talking about!!!!
"Stella will be on the NS this time next year when the $102 hedge runs out." quote
iae sold out of it's 102 hedge to purchase the new longer hedges, there is currently no longer any 102 hedge . they now have 8300 bod hedged at $91 till june 2016 and after that 4000 bod is hedged at $69 bod from july 2016 to july 2017. for someone who claims to have been buying huge amounts out of the blue you seem to have no effing idea what you are buying ffs!!!!!!
GOWRONGGEKKO LMFAO you bought at around a buck and are still way under water here not sure what you are crowing about, again lmfao. you you go back far enough you can see i sold of iae in the 2.70- 2.80 range and did a coupla small trades since. I am way up on this pofs stock and always will be as I won't be buying it again.
you people seem to have no idea what is going on in the world oil market. high cost producers are being driven out of the market and no matter how you paint it north sea oil is high cost production, period. iae hasn't made much of anything over the years with oil ober 100 for a long time. you actually think they can pay back all that debt and somehow make shareholders any money with 60-70 dollar brent for the next 5 years or so????? i don't think so hedges only last so long and stella wil;l most likely not be smooth sailing, you have no idea what costs will be post stella neither does iae management. funny how all of a sudden everything they say is gospel now, ROTFLMFAO HAHAHAHAHAHAHAHA
crow is on cruise contol ROTFLMFAO he bought all the way down from 2.50 and went all in at 1.35 LMFAO he's on the same cruise control thelma and louise were on when they drove over the cliff>>>>>>>>>>>SPLAT HAHAHAHAHAHAHAHAHA
cheers and better luck next time ferret