Personal and undiluted views
Falklands

2336 days ago

Premier Oil: covenants breached, Falklands assets will go warns SP Angel

Today's assassination with a pen from Zac Phillips at SP Angel is on Premier Oil (PMO) with a stark warning that things may be an awful lot worse than any share price rally might imply. Ouch. Zac writes:

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3551 days ago

Friday Caption Contest Lord Ahmed (prize shit & convicted killer) issue

As I noted earlier today Labour peer Lord Ahmed killed a man by crashing his Jag into the man’s stationary car while texting away at 70 miles an hour. Ahmed reckons that service 16 days for this killing was harsh and only happened because he was a victim of the worldwide Jewish conspiracy. Labour has suspended this repellent anti-Semite but this is an easy call. What next. Julius Streicher, ooops I mean Lord Ahmed, made this claim on a video which I am sure Ed has seen. Either Labour believes in one nation or it does not.

And so this week’s caption contest comes with no prize just the chance to insult and abuse the spineless Ed Milliband as he decides whether he wishes to lead a party with at least one principle or to keep Lord Ahmed and those who agree with his vile views on board.  So please leave your entries for the picture below in the comments section.

My entry is:  “We are the party of one nation…except for the evil frigging Jews

Milliband if you wish to prove me wrong you know what to do with the despicable Lord Ahmed.

Last week I asked you for a caption to this picture of the General Belgrano

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3555 days ago

The Falklands 3 – the Islands votes “piss off Argentina”

The results of the Falklands Island Referendum are out. Turnout was 90%. 1,513 good folks voted to stay British. 3 electors voted to become Argies. To President Obama of the United States and President Cristina Fernandez of the bankrupt State of Argentina, I say: "your grasp of economics suggests that you are innumerate but even you can see that the message is loud and clear Piss off Argentina

Now please respect the principle of self-determination which throughout this world has, for a century, been universally accepted and just piss off and leave the Falklands alone. And British."

My only surprise is that there were three people on these British islands who wished to become Argies. But I guess after years of in-breeding you are going to get the odd person who ticks the wrong box by mistake.

You can, off course, show where you stand by buying your very own Piss off Argentina mug, T-shirt or hoodie in my online store HERE

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3578 days ago

Why UKIP is the ONLY sane and honest vote in Eastleigh

I am not a UKIP member nor can my support be taken for granted – generally I despise all politicians and which they would just stop introducing laws and go away. And with that caveat I approach the looming by –election in Eastleigh with the conclusion that the ONLY sane and the ONLY honest vote is for UKIP.

The election is caused by liar and criminal Chris Huhne (Lib Dem) having to stand down because he is almost certainly heading for prison. In terms of Government and policy it will change nothing. We will still be ruled by this wretched Tory Lib Dem coalition and Labour will still be offering a principle free crackpot populist opposition. And as such an Eastleigh resident can vote with a clear conscience and on principle.

I start with why each of the candidates from the main three parties does not deserve to win a single vote before turning to UKIP.

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3588 days ago

Guest Post: Sam Bottell - Petroceltic: a buying opportunity?

I spent two years working along Sam Bottell as he worked with minesite.com and oilbarrel.com and he is a good, honest and clever chap. Now that he is starting his career freelance writing as well as an organiser of the UKInvestor Show I have no hesitation in helping him along via this blog as a guest contributor. As such I bring to your attention a share sell tip from TradingResearch Point on Ireland based Petroceltic

2013 was meant to be the year when Petroceltic moved on from corporate activity (the purchase of Melrose) to exploration success and so it is rather disappointing that it has started the year with a duster in Egypt. With sentiment towards the oil mid caps and juniors already somewhat dampened by drill bit failure elsewhere (notably with a range of Falklands stocks HERE) it is not surprising that this news has not been received well. Whilst serving as a reminder that exploration is inherently risky this does not alter the strong buy case for this Ireland based firm.

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3596 days ago

Guest Post Sam Bottell: Borders & Southern – Operations Update – Positive on the surface, but drill down to a sell

I spent two years working along Sam Bottell as he worked with minesite.com and oilbarrel.com and he is a good, honest and clever chap. Now that he is starting his career freelance writing as well as an organiser of the UKInvestor Show I have no hesitation in helping him along via this blog as a guest contributor. As such I bring to your attention a share tip from TradingResearch Point on Borders & Southern. I happen to agree with his conclusion.

The Falklands oil exploration stocks remain the darlings of the Bulletin Board but the bare fact is that while Rockhopper (RKH) has served up some good news the “field” has disappointed. Yet hope springs eternal and thus a presentation on 28th January from Borders & Southern (BOR) has sparked its shares into life once again sending the shares to 27.75p valuing the company at £133 million.

Borders has in the past enjoyed some success. In April 2011 it announced the Darwin find where initial tests suggested a gas condensate reserve of 130 to 250 million barrels of liquid. Recently the company re-asserted that a mid case recoverable reserve could be 210 million barrels. Note the words could be.

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3603 days ago

Gotcha Again - I'm not crying for frigging Argentina

The Argie Type 42 Destroyer the Santisima Trinidad was the flagship of the invading forces the last time the Argies chose to ignore the principle of self determination and practice imperialism in the South Atlantic.

After Margaret Thatcher (rightly) gave the order to sink the Belgrano, this ship and the rest of the Argentine Navy headed back to port and sat out the military humiliation of their country in peace. The ship was decommissioned in 2004 but has sat in its full glory in port since then as a reminder of the Falklands campaign.

And this is it yesterday. Sinking faster than the Argentine economy.

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3615 days ago

Friday Caption Contest: MPs in the Age of Austerity Edition

I have just worked a 22 hour day, juggling the needs of sick staff, bills to pay, deadlines to meet etc. That is what life is like in the private sector. The bit of the economy that employs folks, pays over taxes to support the State, etc. And the chances of myself or my staff getting a 32% pay rise this year are zippo. Frankly almost no-one in the UK will get that sort of rise this year.

But one bunch of parasites, tarnished by allegations of corruption, working 3 days in 5 and universally despised reckon they merit a 32% hike taking them from the top 5% of earners into the top 1%. Even had I worked only 21 hours yesterday I would still be livid.

This week’s caption contest is in honour of the scumbags who forget that they work for us not the other way round. Please post your captions in the comments section below.

The best caption will win an “It’s Time to leave T-shirt which you can also buy exclusively here.

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3616 days ago

Piss off Argentina again – now you really are taking the er....piss

Argie President Fernandez really is a hoot. The woman is beyond parody. As her country’s economy sinks further down the plug-hole her posturing gets ever more ludicrous. Even deluded tax dodging lefties (i.e. the Guardian) must by now be giving up on her. Her latest outburst is a classic. Speaking after she managed to retrieve some old sailing boat used by her Navy for training which had been impounded in Ghana as a result of the Argies not paying their bills, the Botox Queen said:

Argentina once again has been attacked by speculative funds, and by others who threaten to come 12,000 kilometres (7,450 miles) to invade and militarise our Malvinas.

Er…. hang on those would be the Malvinas commonly known as the Falkland Islands which have been British for almost 200 years, where 100% of the population want to stay British and where the only country that has tried to invade them and militarise them in the past Century has been the Argies in 1982. And we know what happened to the pride of Argentina’s navy then.

This is not going to stop. As the Argie economy sinks faster than the General Belgrano there will be more outbursts. This will only stop when Ferrnandez fails to deliver the Falkland’s for her people and like General Galtieri she pays the price for failed sabre rattling ( or in his case sabre usage) and is slung out.

You can show your feelings on this issue by buying a “Piss off Argentina”, T-shirt, sweatshirt, hoodie or mug here at my online store

And don’t forget to enter this week’s Caption Contest – Piss off Argentina special HERE.

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3622 days ago

Britain’s £27 million in Foreign Aid to the Frigging Argies, I just Despair

I would scrap all Foreign Aid tomorrow as most of the cash is wasted, few poor folks benefit and Bankrupt Britain cannot afford to piss away £11 billion a year. In the greater scheme of pissing away cash £27 million is not a lot but to hand that money to the frigging Argies who are demanding that we hand over British Land lived in by British Citizens (viz the Falklands) just fills me with the despair.

Of the £27 million, £20 million is our slug of a£450 million loan from the IMF. That the Argies need an IMF bailout at tall shows why its demented President Fernandez is sabre rattling: because under her stewardship the economy has gone down the pan. But why Bankrupt Britain should have to bail the old trout out is beyond me. But it gets worse.

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3623 days ago

Piss off Argentina and your tax dodging pals at the Guardian

The Argentine economy is going down the toilet. Inflation is 25%, growth is slowing fast and workers are protesting on the streets. In large part this is down to the misguided policies of the Botox-loving President Fernandez. In order to deflect attention from her own incompetence the silly cow is once again stoking up a row over the ownership of the Falkland Islands where a plebiscite this year will show that 99% of the sheep shaggers wish to stay British.

Her latest ruse is to waste Argie Government cash by taking out an advert in a British paper which makes huge operating losses from spouting piffle for its dwindling readership of ageing deluded lefties and whose (profitable) parent company is one of the smartest tax dodgers going. I refer, of course, to the Guardian. Both Argentina and the Guardian can piss right off.

Britons settled in the Falklands when they were deserted since the European political elite who rule the artificially created country that is Argentina were, at that time, too busy exterminating native Indians

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3683 days ago

Tomograph 13 is out

A few hours ago I sent out the weekly Tomograph newsletter to subscribers. It does not cost you a cent and you do not get bonus spam so to make sure that you get your Tomograph “delivered weekly in your email inbox register here. This week’s edition contains a couple of articles not up on the site including “The Falklands Question & Viagra Man – firming up on a title” “ And, by the way, feel free to pass the Tomograph onto a friend if you so wish. All new readers are welcome

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3731 days ago

Sell Falklands Oil & Gas after Loligo news - and Borders too!

AIM listed oil darling Falklands Oil & Gas (FOGL) has announced the results of its Loligo well and it is bad news for both the company and for others operating in the region such as Borders & Southern (BOR). Reaction from BB and penny share punters has been mixed – some are in love and cannot see or choose not to see the truth. Others write the area off altogether. As ever the truth lies somewhere in between.

I refer, as ever to twitter, to see what the punters say. And so one fellow writes

#BOR came in, #FOGL came in – with more to come from the #Falklands Southern Basin. For all those who held, Nice One !!

And another counters:

Loligo fogl is uncommercial TIGHT SAND so was LIZ a bloody disaster get out while you can I did warn fellow twitter this was not good.

As they say it takes two to make a market.

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3751 days ago

Borders & Southern: Bad Speculation Certainly not an Investment

Having enraged half the lunatics who fall in love with small oil shares and post demonically on Bulletin Boards with my bearish remarks about AIM listed oil exploration stocks Range Resources (RRL) and Red Emperor (RML) – and having been vindicated already – it is time to piss off the other half with a few comments about Falklands darling oil penny share Borders & Southern (BOR).

At 32.5p Borders is capitalised at £157 million. Its shares raced ahead on 23rd August after announcing its analysis of the Darwin well drilled earlier in the year. The results are a 46-49 degree condensate with a mean recoverable volume of 190 million barrels. The company will start a seismic programme during 2013 with drilling thus unlikely to take place until 2014. The company is fully cashed up to fund the seismic and its ongoing (not insignificant) PLC costs but to drill it must either farm out the prospect or pass the hat around yet again.

190 million barrels of condensate sounds a lot. But is it?

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