Bermuda... If you have a moment

[jdg]

hey Burmuda, i would greatly appreciate your thoughts on the o & g conference (and i'm sure many others would too).

i'd be most interested to hear about VPE and CUE (if you had a look at the latter).

hope you're happy to oblige, mate. any information would be welcomed with thanks.

best regards,

-j

[bermuda]

hey Burmuda, i would greatly appreciate your thoughts on the o & g conference (and i'm sure many others would too).

i'd be most interested to hear about VPE and CUE (if you had a look at the latter).

hope you're happy to oblige, mate. any information would be welcomed with thanks.

best regards,

-j

Will do but at the moment my mind is all abuzz with the excitement of it all . I know for 'certain' now that my portfolio is going to triple next year.

You can learn an awful lot at these conferences.

[Corporate]

Will do but at the moment my mind is all abuzz with the excitement of it all . I know for 'certain' now that my portfolio is going to triple next year.

You can learn an awful lot at these conferences.

Well lets hear about this certainty? :-)

[bermuda]

Well lets hear about this certainty? :-)

I will give you a brief tomorrow. But it is all pretty clear to me. The economists and the institutions arent on board with what's happening yet. You can forget the traditional sharemarket of banks, financials etc etc. Oil is where its happening and its about to get some proper recognition. There will be big demand destruction in the West (USA ) but demand from China/ India will more than make up for the savings.This China thing is a world first and it aint about to stop.

If the govt had any balls they would be increasing the tax and using the money to spend on alternative research. But we get pathetic bickering instead. Catchya

[Corporate]

I will give you a brief tomorrow. But it is all pretty clear to me. The economists and the institutions arent on board with what's happening yet. You can forget the traditional sharemarket of banks, financials etc etc. Oil is where its happening and its about to get some proper recognition. There will be big demand destruction in the West (USA ) but demand from China/ India will more than make up for the savings.This China thing is a world first and it aint about to stop.

If the govt had any balls they would be increasing the tax and using the money to spend on alternative research. But we get pathetic bickering instead. Catchya

Great...I look forward to your post tomorrow!!

[bermuda]

Great...I look forward to your post tomorrow!!


Ok, here we go. I feel like this is a homework session! But I will do my best.

Firstly, this far surpassed the 2 NZ Petroleum conferences I have been to. This was humming. 41 presentations from small cap oilers..some of them with big potential.

Secondly, I had the chance to meet Barry Dawes of MPS ( Martin Place Securities ) info@mpsecurities.com.au. If you are interested in making about 40% per annum then I suggest you contact him. If you are interested in making more...read on.

As I said before this China thing has only just got started. We are dealing with 1.3 billion people who in 1980 had only 20000 vehicles in their country..and most of those were trucks. They now have 20 million and are adding 10000 cars per day.

The traditional economists havnt got their head around it yet. Get into ENERGY....and gradually the Brokers are waking up.Here are some bullet points from Barry which I am sure he wont mind me repeating.

# Crude oil prices surge above $US130/bbl

#Supply constraints to underpin high energy prices for next decade

#IEA forecasts 2030 energy demand to increase by 63% to 17.7 Btoe

#US$ 22 trillion investment needed to support 2030 energy demand

#China set to become the largest energy consumer by 2019

#OPEC_member output down 2.6% in 2007 and lower in 2008

#Iraqi crude oil production remains below pre_war (2003) levels

#LNG demand growth rate to remain >7% p.a.

#2006 global coal production up 6.4% on 2005

$Record increases in seabourne thermal and coking coal prices.

#China has > 39% of globalcoal demand in 2007.

# Nuclear power remains a strategically important energy source.

# China imports 49% of its total oil consumption.

#Natural Gas accounts for 24% of world energy consumption.Australia is set to increase its share of world exports.

# A predicted shortfall in uranium mine supply this year is not reflected by the uranium spot price.

Of the companies that presented the following caught my eye.

BOW This could really go places and could be a 10 bagger. In fact the MD predicted it .
TEX Very undervalued and could Catapult into big time.Some risk.
SXP This was my 6th pick on the SS competition. Havent got any but wish I did.
VPE Beautiful acreage. Strong links to BOW and QGC/ British Gas
COE Dont own but undervalued
HZN Lot more grunt to this than I realised
SAE Very good management
NXS Solid growth
CUE Will be uprated on Maari.
BCC This is definitely under the radar and set to increase.

Anyway, enough of my comments on stocks. The most important thing is that you must get into energy.

The analysts are still touting the same old stories and it do not realise that China is in its EARLY stages

The World has never seen the likes of it before. China has now gone from a rice economy to an egg economy.

The G7 has been left behind by the BRIC countries ( Brazil,Russia,India and CHINA )...and India is , surprisingly, 10 years behind China.

China 25 cars per 1000 people
Europe 600 cars per 1000 people.

THE RESOURCES SECTOR WENT PAST THE FINANCIAL SECTOR FOR THE FIRST TIME LAST WEEK!!!

THEY ( the Analysts /Institutions) are finally catching on.

Expect a tripling in value from bonafide junior oilers next year.

Always do your research first. Trust no one. Do not trust me. A suggested approach

#Read the Annual Report
#Analyse the top twenty shareholders
#Look for resignations..not a good sign
#Look for Management shareholding. The higher the better
#Study the charts, especially the last 6 months
#Look at the capital on issue. The lower the better.
#Look at cash on hand.

And then do some tangential googling.

Keep working at it and then finally you will see something worthwhile. Then get your cash together and dont be afraid to push the button. If it goes down 10% GET OUT and do some more research.

Have a good look at the CSG players and Liquified Natural Gas. The market is going to boom and so is Queensland.

Some big things coming up.

Good luck

Oil goes higher.

[clips]

thanks for sharing your views, confirms what i've heard and read elsewhere,
and firms up my view on things to come...

also good advice on research

[Paddie]

Ok, here we go. I feel like this is a homework session! But I will do my best.

Firstly, this far surpassed the 2 NZ Petroleum conferences I have been to. This was humming. 41 presentations from small cap oilers..some of them with big potential.

Secondly, I had the chance to meet Barry Dawes of MPS ( Martin Place Securities ) info@mpsecurities.com.au. If you are interested in making about 40% per annum then I suggest you contact him. If you are interested in making more...read on.

As I said before this China thing has only just got started. We are dealing with 1.3 billion people who in 1980 had only 20000 vehicles in their country..and most of those were trucks. They now have 20 million and are adding 10000 cars per day.

The traditional economists havnt got their head around it yet. Get into ENERGY....and gradually the Brokers are waking up.Here are some bullet points from Barry which I am sure he wont mind me repeating.

# Crude oil prices surge above $US130/bbl

#Supply constraints to underpin high energy prices for next decade

#IEA forecasts 2030 energy demand to increase by 63% to 17.7 Btoe

#US$ 22 trillion investment needed to support 2030 energy demand

#China set to become the largest energy consumer by 2019

#OPEC_member output down 2.6% in 2007 and lower in 2008

#Iraqi crude oil production remains below pre_war (2003) levels

#LNG demand growth rate to remain >7% p.a.

#2006 global coal production up 6.4% on 2005

$Record increases in seabourne thermal and coking coal prices.

#China has > 39% of globalcoal demand in 2007.

# Nuclear power remains a strategically important energy source.

# China imports 49% of its total oil consumption.

#Natural Gas accounts for 24% of world energy consumption.Australia is set to increase its share of world exports.

# A predicted shortfall in uranium mine supply this year is not reflected by the uranium spot price.

Of the companies that presented the following caught my eye.

BOW This could really go places and could be a 10 bagger. In fact the MD predicted it .
TEX Very undervalued and could Catapult into big time.Some risk.
SXP This was my 6th pick on the SS competition. Havent got any but wish I did.
VPE Beautiful acreage. Strong links to BOW and QGC/ British Gas
COE Dont own but undervalued
HZN Lot more grunt to this than I realised
SAE Very good management
NXS Solid growth
CUE Will be uprated on Maari.
BCC This is definitely under the radar and set to increase.

Anyway, enough of my comments on stocks. The most important thing is that you must get into energy.

The analysts are still touting the same old stories and it do not realise that China is in its EARLY stages

The World has never seen the likes of it before. China has now gone from a rice economy to an egg economy.

The G7 has been left behind by the BRIC countries ( Brazil,Russia,India and CHINA )...and India is , surprisingly, 10 years behind China.

China 25 cars per 1000 people
Europe 600 cars per 1000 people.

THE RESOURCES SECTOR WENT PAST THE FINANCIAL SECTOR FOR THE FIRST TIME LAST WEEK!!!

THEY ( the Analysts /Institutions) are finally catching on.

Expect a tripling in value from bonafide junior oilers next year.

Always do your research first. Trust no one. Do not trust me. A suggested approach

#Read the Annual Report
#Analyse the top twenty shareholders
#Look for resignations..not a good sign
#Look for Management shareholding. The higher the better
#Study the charts, especially the last 6 months
#Look at the capital on issue. The lower the better.
#Look at cash on hand.

And then do some tangential googling.

Keep working at it and then finally you will see something worthwhile. Then get your cash together and dont be afraid to push the button. If it goes down 10% GET OUT and do some more research.

Have a good look at the CSG players and Liquified Natural Gas. The market is going to boom and so is Queensland.

Some big things coming up.

Good luck

Oil goes higher.



Very enlightening post.

Thanks Bermuda

[Dr_Who]

Most of analyst and investment banks have no idea whats going on, but they are starting to stand up and listen when oil hit $120+. They are still clueless and dont believe in Peak Oil. Maybe it will take $150 for the average person to start believing Peak Oil.

[SMan]

BCC have posted a link to a webcast of their presentation. Does anyone know if anyone else has done the same? Can't figure out if there is a link back to all presentations at the O&G.

[Mysterybox]

Thanks Bermuda, appreciated =)

[tommy]

Excellent post bermuda, thanx for sharing that. Give da man a round of applause :-)

[jdg]

thanks so much for your time and insight, Bermuda. good to hear you enjoyed yourself too. i just hope the mrs wasn’t out spending your future earnings in sydney’s boutiques – that’s never particularly enjoyable...

if things go the way you believe they will (and let's face it, your not on your own), the world is in for quite a shake up. oil and gas seem a good bet. uranium and lithium too. my hope is that the subsequent price increases don't destroy the world economy along the way. demand destruction would mean even o & g stocks would lose.

in relation to specific stocks, the only two i hold from your list are CUE and VPE. i think you are spot on with CUE - a rerating on Maari, without any start up problems, is a dead certainty. they have other revenue streams coming on line after that too. in my opinion a safe play for high reward. i have been very happy with management - did bob coppin present well? the market didn't respond as it did with BOW and VPE. but it's had a pretty good run of late.

VPE is a little less certain, in my mind. i've only just bought the stock (timed it rather well as luck has it with 25% in a week or so) and i'm still coming to grips with the company. there is a bit of negativity surrounding management, but the recent changes to the board may rectify that a bit. they also have a bit of revenue coming in, which is good, and a very active exploration schedule. a lot of dice tossing in the next 12 months. but the really big potential is CSG, perhaps the biggest dice throw of all. firm up the tenement and the rewards would be more than substantial. the interest growing in CSG in australia is obviously very positive and, if energy goes the way you see it, the demand is limitless. i would be interested to hear how confident JK is in having gas in the ground and then being able to extract it profitably. also, when does he expect to get certification for the CSG reserves?

mate, i hope these questions are too much of a pain in the ****. i really appreciate your time.

-j

[bermuda]

jdq
I didnt take my wife. I needed to concentrate and she is needed at home to look after her Mum.

Dont worry too much about a world recession.Things will slow due to demand destruction in the USA but China and India will see us through. Obviously there are going to be some big mindset changes.

See the CUE thread for my comments.

Had an informative dinner with JK of VPE and today's Origin news will give you an idea why I am excited about VPE, BOW...and RPM

But as I said DYOR

Just read the QGC file for a good CSG background. Their former founding Director Denis Patten is now on the VPE Board as non executive Chairman.

If anyone asks you what is going on ...just say ...CHINA

[jdg]

thanks again, mate. just had a look at CUE thread. all looks good.

just remember to answer CHINA? gotcha. where's oil demand coming from? what about gas? commodities generally? what's this lovely cup made of?

you're right. works well.

you're a legend, bermuda. trust the mum in law is well.

best regards,

-j

[Serpie]

Good on ya Bermuda. You're a generous man. Thanks for sharing. Got some TEX today based upon your research.

[JackSprat]

Thanks also from me bermuda,
Glad you mentioneded RPM; they're currently on the move upward and I was able to get a lot more of them than BOW of late. (more affordable on limited funds). If I won lotto I'd be splashing a fair dollop into all these oilers and gases. Lol ............ and thanks for the research tips, gratz!

[bermuda]

Good on ya Bermuda. You're a generous man. Thanks for sharing. Got some TEX today based upon your research.

Thanks Serpie,
Hey the thing about TEX is that it could really go ballistic but it is in the 'thrill and drill " ( i.e. risk ) category;

The thing about VPE BOW RPM is that they are in the "sit and wait" category.

There is an important difference as you know.

Was going to sell TEX but not after I heard what LR told me. If Catapult is a failure ( and I am pretty confident it wont be ) then I am out within 20 mins of the announcement.

So,

To summarise

TEX Thrill and Drill

VPE BOW RPM Sit and Wait

[Serpie]

Thrill and drill - I like that!

To be honest I dont know very much about TEX Super B, so I've got plenty of reading to do this weekend. I'm already in, so research won't affect my entry. Reckless I know, but if it's got enough for Bermuda and Brut (aka Mr Miyagi) then it's good enough for me.

Hopefully I'll be able to contribute something semi-intelligent on the TEX thread once I'm up to speed.

I'm hoping it will be less frustrating than BUR, although even that is showing some life lately as the gas prices hit $12.00.