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Empty vessels make most noise.
Unlike the "competition" and to use a construction project term we are " shovel ready" and as time is of the essence this must be our ace card.
I do not pretend to deny that I will make a decent return on my investment if all goes to plan but when you lose a lifelong friend to the virus other priorities and values come into prominence.
My request to transfer my sng holding to my ISA was completed yesterday.
Looks like a very rare example of good timing in my investing life!
GLA
BtB
TalkingSense, absolutely agree.
Over the last few weeks I have increased my holding substantially . I do share your optimism . What I am finding difficulty in is trying to calculate the potential value of the company.
For instance, how much does the value of one ounce of gold mined compare with the 1700 dollars an ounce it currently stands at in the market place. If the mission statement is to deliver the next multi - million ounce gold resource in Australia and they do just that well the prospects are eye watering1
GLA
BtB
I paid with two camels and a goat!
I do not believe that Shell will make any move before they know what if any licences CLNR are awarded in the next round to be announced this quarter by the OGA. Then a possible takeover approach.
GLA
If I was a doctor closely involved with the SNG001 trials ( I am not ) and had prior/early knowledge of its success and then bought a shed load of shares would I be guilty of insider dealing?
Looking at the huge drop in oil prices today I have to say that if PMG survive this crisis ( and I think they will ) then they will be all the better placed because so many of there competitors who are heavily in debt will not survive.
Given that the company's mission statement is to deliver the next multi- million ounze gold resource and given the current gold price can anyone hazard a guess on the potential s.p. medium / long term?
There are substantial costs involved I appreciate but looking at the raw numbers and the latest R.N.S. one can't help feeling that something major is going to unfold.
GLA
BtB
Mary,
Are you still invested or have you given up all hope?
Regards
BtB
The team at Synairgen must be in contention for a Nobel Prize.
Synairgen produce a drug that cures every physical and mental illness known to mankind. It also guarantees 25 years of extra super healthy life.
Share price drops 20%
I bought this stock following a recommendation by someone on this board early in 2017. I think it may have been The Riddler. I normally make my own investment decisions by the way but this sounded like a compelling investment and I would never have heard of the company otherwise.
I topped up when the s.p. was languishing in the 6/7p range and am now showing a healthy profit.
This is not in any way a boast as this is the only share I have which is surviving indeed prospering in my sea of red.
So I just wish to thank whoever it was for their advice.
Only the fittest and most financially robust will survive a prolonged period with oil at these levels.
We have no debt to service as a result of good management ( over cautious some may say )and the situation may well present some excellent T/O possibilities.
We tend to forget that the demand for oil is not going to disappear overnight and things will eventually return to normal albeit with a even leaner industry and probably fewer participants.
PMG have come through difficult times before and while COVID - 19 is a major new hurdle to negotiate I think that we will cope better than many other small energy companies.
GLA
Yes we are all waiting eagerly for that red dot, but although you may shake hands on a deal (s ) all the legalities have to be agreed including due diligence etc. and that takes time.
So I think we all have to be a little patient here. I am convinced that Craig will bring us good news but maybe not for a little while yet.
GLA
BtB
Thankyou for your reply Rich.
BtB
Could someone please explain to me why a Price Monitoring Extension merits an R.N.S.
Thankyou.
BtB
If Craig is turning down offers and sending people away ( who then come back ) then he must have something very worthwhile to offer.
We should have some good news by the month end.
GLA
BtB
In the recent ShareTalk broadcast Craig stated that in a few weeks time investors would receive some really welcome news.
No ifs, buts or maybes, not a shred of ambiguity. A clear statement of real hope and intention but one which the markets have yet to respond to.
Plenty of false dawns in my investing history but somehow it seems that there will be a pot of gold at the end of our rainbow!
GLA
The 300000 trade (9.45) reported as a sell was in fact my buy.
Extremely encouraged by Craig's comments on Share Talk. He sounded very bullish and I assume that some very encouraging drilling results have stirred up a lot of interest in the mining world.
If this share does not prove to be a very rewarding investment it will probably prove to be my biggest disappointment and indeed surprise.
GLA