GrillzBaby wrote: Anon is such a dousche bag. Painting us down to 19c for the close. I hope he chokes on his dinner lmao.
The more I think about it; I agree about Diamond ultimately having to be sorted.
But the last major run we made was on Gas Pricing News out of India that took us from 7c to 48c in 3 days.
I truly believe that news of D6 arbitration getting dropped will be the exact cataylst the market is waiting for.
Think about it. Yes; we have money problems and even if Diamond was sorted out; we still owe them money.
However; where the fcuk is that money going to come from? Oh yeah..... D6 and D6 ONLY!
Without D6 this stock is super fcked. In saying that; as soon as D6 arbitration is dropped we will honestly flllllly.... considering you know; D6 is the Sun to our solar system right now.
Imagine the Sun being blocked out (for 6 years); and people were telling you one day soon the Sun will shine again. We are at the point of waiting for the blockage to be removed and the Light to Shine on us again. The blockage is Arbitration. Once removed we are set to bring in Large amounts of Cash Flow; and last time the market took D6 into consideration in early 2000s NKO holders were LOLing to the Bank.
Im not saying we will fly in the same way as we do have debt loads to consider; but we fly significantly.
So as much as I respect the consensus from the likes of BP on Diamond; you have to realize the big boys have known about that for along time now. You also have to realize that D6 is the thing that will honestly make Diamond obsolete. Really... it will.
Once a drilling plan has been submitted to the Government with contractors onboard why in gods name would the senior lenders risk us owing 100-220 million to Diamond? When they can just shell out $20 million? You do understand that its their money essentially right?
Once D6 is offically lifted; alot of people will see the light. Diamond, Lenders and most importantly THE MARKET........
We will see whats what. But I honestly think all of the people here thinking the real run is going to be after this that and the other are a little tooo pessimistic.
The reason we are stuck at 20.... well thanks to tool bag 19; is because again, if an act of god happened around D6 we are fried like chicken. Once the 6+ year long court battle is
dropped guessss what. Thats what you call confirmation of action.
BOOOOOOOM!
https://www.mrt.com/business/oil/top_stories/article_6d111028-42ce-11e6-819a-3f0b4fbf281f.html
The flurry of activity is providing some respite to services companies, including Houston-based Schlumberger and Halliburton, and Technip, whose U.S. headquarters are here. Service firms were stung last year when explorers slashed more than $100 billion in spending as oil collapsed. Investments in India are growing to meet Prime Minister Narendra Modi’s target of cutting import dependence by 10 percent over six years as increased consumption puts the nation on track to become the world’s third-largest oil consumer. Reliance has held meetings with oilfield-services companies to restart work at four offshore oil and gas blocks, including one of India’s biggest natural gas discoveries, people with knowledge of the plan said in May. It plans to drill 21 wells in four offshore areas, including the deepwater KG-D6 block in the Bay of Bengal, the people said. Read more: India may offer opportunities for Houston’s oil services companies - MRT.com: Top Stories https://www.mrt.com/business/oil/top_stories/article_6d111028-42ce-11e6-819a-3f0b4fbf281f.html#ixzz4Df5os1fZ
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