Member Info for easyp

Is that someone's fist up my rear end? I must be on AIM again oh dear.....

https://www.zerohedge.com/commodities/private-equity-scoops-oil-and-gas-assets

I suspect that CRS are already in talks with private equity to sell their 29% stake. After that the PE people only need a modest number of shares more to scoop up HUR for well under 20p. We shall see.

https://www.zerohedge.com/commodities/private-equity-scoops-oil-and-gas-assets

It is not about what price do we start buying back at imo. If you believe that PMG or any other oil and gas shares you own might become the target of private equity then you need to be on board this week rather than next month, next year etc.

As it happened I sold my small stake a few days ago, pure luck.

The sp drop seems an over reaction when you consider this:

"This fall was mainly due to the EUR299.9 million of unrealised fair value gains on financial assets recognised in the prior period, with the current period fair value changes being only EUR48.5 million."

Accountancy jiggery pokery imo! PTEC turned over a decent set of results imo but the markets says otherwise.

Buying betting shops was a bad idea full stop.
The current share price reflects that and other factors.
I stop lossed on 888 some time ago and took the hit but sold PTEC yesterday for a modest profit so losses modest by my yardstick.

Not given up on 888 but will await a market correction before buying back in.

Interesting, thanks for posting but no sig market reaction and sp seems stuck!

Interesting and encouraging but don't see this lifting the sp much.....
The contacts this guy has does make a bid or sig JV more likely imo.
The Cherry on the cake.....Sweden issues permits AURA to extract Uranium Ore.

Nolupus all are welcome to any luck I can bring the board!
I try not to post my moans too often either here or on IMM.
The latter really straining my faith!

Modest stake purchased this morning via HL, the price seems low to me given the potential. That said, a market correction highly likely this year so even SOLG might get hit hard hence my stake small ish.

Slightly disappointing buy in price from HL but happy to rejoin the PMG community with a modest stake. While there is no guarantee of finding a big gas field at Skerryvore I can see that over the next five years there will be more North Sea exploration and with that the consolidation and take overs of small to medium players like PMG.

It is a big gamble but imo BKY may yet come good. I believe the grown ups in Brussels will tell the Eco Idiots in Madrid that the EU needs it's own source of Uranium Fuel and that they need to start issuing permits. How proud, stubborn and stupid are the Spanish.....hard to put a value on it but Bigly.

"Uranium prices have surged to their highest level since Russia’s invasion of Ukraine sent convulsions through commodities markets, as the European energy crisis fuels bullish bets on the future of nuclear power.

The material known as “yellowcake” has jumped 7 per cent since mid-August to breach $50 a pound, a price last seen when many commodities were propelled higher by supply fears in the spring. Many market participants expect uranium to rise even further, with Bank of America predicting it will hit $70 a pound next year."

Uranium prices have surged to their highest level since Russia’s invasion of Ukraine sent convulsions through commodities markets, as the European energy crisis fuels bullish bets on the future of nuclear power.

The material known as “yellowcake” has jumped 7 per cent since mid-August to breach $50 a pound, a price last seen when many commodities were propelled higher by supply fears in the spring. Many market participants expect uranium to rise even further, with Bank of America predicting it will hit $70 a pound next year.

Disappointing, is any news imminent?
Bad news I can live with and trade.
No news and sp stasi or slow decline is a drag.

Eski get well soon HUR was up bigly at the close but not sure of exact price. A very good run up from 7 to 9p in a few days but more to follow if well back on line quickly and still pushing 8,600 bopd or more.

Me too! Up 10% this morning.

In a modest way with 30,000 via at 14.15p HL.
Sold out at 16.6p

Interesting news, clearly a few big investors keen on AURA.
We need news from Sweden and a date for mine construction at Tigris to really move things on.

I cannot see this news from Westminster as anything other than very positive for HUR and other North Sea Oil & Gas players.

LIZ TRUSS has opened the door to further drilling in the North Sea and paved the way for fracking in Britain as part of a major push to make Britain self-sufficient for its energy needs.

"Under plans to make Britain energy independent by 2040, the Prime Minister pledged to strengthen domestic power supplies with a series of radical reforms yesterday.

The proposals put a greater focus on homegrown fossil fuel extraction, while maintaining the Government’s previous pledges to build more wind and solar farms and nuclear power stations."

Nice spike today so sold the lot and will buy back in on the dips.
We have all our own views and OMI and AIM but experience leads me to trade the volatility rather than buy and hold.

https://world-nuclear.org/information-library/country-profiles/countries-g-n/japan-nuclear-power.aspx

A detailed history of Japanese Nuclear Power in the link with some dates for restarts but I believe the whole future of Nuclear Power in Japan rests on the current and future costs of generating electricity from gas or oil. Meanwhile there is the question of Uranium from Kazakhstan is it secure or free of Putin's influence?