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https://www.ft.com/content/d0dc6b56-3733-11e8-8eee-e06bde01c544 FT article about oil prices staying close to $70 a barrel as geo political issues impact on the Gulf etc. If oil were to trade at $65 a barrel for the next three years or so what would PMGs North Sea oil reserves be worth? Hypothetical question but I suspect that is what is being calculated/considered by large investors and 42p looks cheap to me.

Melanoma trial failure deals heavy blow to immunotherapy hopes - https://www.ft.com/content/eb9e5ca0-39a5-11e8-8b98-2f31af407cc8 via @FT

Melanoma trial failure deals heavy blow to immunotherapy hopes - https://www.ft.com/content/eb9e5ca0-39a5-11e8-8b98-2f31af407cc8 via @FT This might impact on sp of some biotechs.

Hopefully not if but when....

Thanks for that post, encouraging news but I will only top up when I see us 20% up on today's price. I need to see a decent upwards trend for a few weeks based on good news.

IMO under Jim French the airline over expanded with the wrong fleet on the wrong routes and so came up against the low cost players. Flybe therefore had high costs, debts and a limited income stream from many of its routes. What Flybe does well is to provide usefully scheduled flights across the UK and EU that appeal to a mix of passengers including the business market.

Interesting run over the past few weeks....

Those RNS posts in the build up to Stobart suggest some institutions built up a holding in Flybe. Has the institutional money fled or are they still invested? Following the big money might provide some clues as to where we might be heading?

http://www.hl.co.uk/news/2018/4/4/oil-holds-above-$63-as-investors-cheered-by-opec-watch-us-risk2 Encouraging news, would be interested to know at what cost PMG can extract oil from its north sea fields/reserves?

http://www.hl.co.uk/news/2018/4/4/oil-holds-above-$63-as-investors-cheered-by-opec-watch-us-risk2

Lets replace Uranium to soar with fly. I hold both Cameco and Energy Fuels in a HL SIP and after a dreadful year they have in the last week started to show signs of life. I am now thinking about buying more of both to average down. I do hold BKY but given the position of Oman Investment do not see our sp soaring until the mine is producing ore later this year and into 2019. But who knows? If the stupid German Government reversed their decision to close down nuclear power plants then prices might pick up quickly.

"Flybe said early indications for the summer were "encouraging", with an estimated 7.5% increase in passenger revenue per seat offsetting an expected 7.9% drop in capacity. So far, it has sold 21% of its first-half capacity against 20% sold at the same time last year." While I predicted a bid would appear from Stobart I was disappointed that no deal was reached. At one stage 20% up on my buys now 12% down but holding in anticipation of two things. First, I think a good summer will push the sp towards 50p and second, I suspect Stobart may return with a cash bid.

http://www.world-nuclear-news.org/V-Five-reasons-nuclear-energy-will-rebound-in-2018-07031801.html Encouraging, all BKY has to do is dig it out of the ground, process it and find a buyer. What could possibly go wrong?

Thanks Brox, Energy Fuels up 8% today UUUU. I am holding them in the hope Trump will demand buy American for Uranium. BKY another one I hold in the expectation of Uranium prices rising later this year.

Bugger!

http://www.lse.co.uk/AllNews.asp?code=pj6wrfcc&headline=TOP_NEWS_SUMMARY_Glaxo_To_Buy_Novartis_JV_Stake_For_USD13_Billion So wonder what Novartis will spend all that money on? While dividends and share buy backs all options buying OXB chickenfeed outlay for Novartis at present sp 12p.

Drilling and finding oil in this area is relatively easy. Getting a reliable pipeline to a refinery and a port altogether more difficult.

Might just be a code share deal with another airline?

"The group said it finished the period with GBP5.3 million in cash, which was topped up by the first payment from the disposal of its jack-up business, resulting in a cash balance of GBP18.8 million as at February 1." It is sat on �18.8 Million in cash and the share price drops!!!!!

3 days to go.