PV1 2.86% 3.4¢ provaris energy ltd

Bruham - Firstly the oil cartel wont allow it to crash - oil is...

  1. 3,400 Posts.
    Bruham - Firstly the oil cartel wont allow it to crash - oil is FAR too important to the global markets in many industry that a collapse in oil prices is detrimental to jobs , businesses who use it in the manufacturing of plastics , household products , transport etc...so its obvious to me the Cartel will keep it from, as you put "crashing" they even stated they would support it by reducing the supply ...its all to put fear into the consumer


    Secondly as long as the AD is profitable then TTE is a good potential investment
    then there is the trump card Drover1 - big potential and with nearly 20% they will hold until they know the potential value - stratigically im happy with our mix of projects. If AD Northern flank has what Brad says is there we could be in for a wild ride.


    Cheers
    Last edited by Schumacher: 15/11/14
 
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