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Nothing happened....
While I have faith in Colombian punts and South American commodities in general this is getting tiresome. We need some good news on drilling, assays and JV asap.

The Indian Government are idiots first, they tried to sting CNE with backdated illegal taxes and second, they could have bought us out last year very cheaply and made the legal case disappear! They could even have done a deal with a third party Indian Company to take over CNE but no they stuck with a legal case they were bound to lose. Time to pay up and take the hit India.

Plan...short term
Strategy....long term
Right now this company just needs to keep pumping oil and selling it at a good premium and btw nothing said here is likely to change strategy. CA is the key player on what HUR does next and they need to get past November so until that is settled just enjoy the ride.

Somebody does not want the sp to pick up.
Who & Why?

The plan....keep pumping at 9,0000 bopd, sell oil at $70-80 a barrel and pay off debts.
If HUR deliver on that for 6 months then the sp will re rate.
After that, yes a better set of management and another look at recoverable oil.

Do not want to tempt fate! Quietly enjoying the ride and I am glad that not many people seem to know about AURA in the UK. Uranium/Nuclear Power is about to be viewed as an ESG investment imo.

Can anyone provide a geological summing up for a lay person please? The amounts of metal seem substantial but the grades low and some debate about if it is all recoverable? Can I assume the mining plan PFS will lay out amounts recoverable, methods of mining and time scales? I am not sure if I have backed the winning horse this morning but it is running well.

Share price up nearly 9% on news or rumours? Not aware of anything myself.

Answer, because many of us have been invested in biotech stocks for decades and this kind of pattern does not always spell administration. It could like some bio-punts bump along as a penny share for years without doing much. Case study OXB where it took a long long time for any of the science to turn into profit.

http://www.lanstead.co.uk/
Their home page has a quote from Tim....are they dumping shares? Possibly, progress here in the past year has been a tad disappointing imo. Could not find any solid facts from their website other than they are invested in IMM.

Context, a few years back Aura had all of these exciting exploration projects but very dodgy corporate governance bordering on fraud imo and the shares were suspended in Oz for a time. I only bought back in this year when it became clear that the corporate governance probs appeared to have been sorted.
Personally, I think the Swedish Vanadium project might yet be developed because of redux flow batteries. The gold prospects not so exciting because the market is rigged and prices shorted by paper. Right now, it is all about Uranium hence invested and in profit.

Don't call me Shirley!

Down 11% with an 18% spread? The market makers playing games and triggering stop losses? I would happily buy this dip but not with an 18% spread.

A clean £4k plus profit thank you PTEC. Now.....should I buy some more 888?

Agreed but someone is selling because the sp seems stuck in a range. Not sure what news might move us up and out given Tom Cross owns a big chunk of PMG.

I am reluctantly along for the longer term because the sp keeps getting knocked back. Meanwhile in the rest of the oil and gas sector all is rosy.

Holding HUR and smiling at todays pos news but....quietly added a few more here at 53.9p with HL. I just think PMG an unrecognised oil and gas share that should be trading at a much higher price. Impatient, but not stupidly so.

Germany got it wrong on nuclear but, rather than admit it they prefer to burn coal rather than Uranium. My prediction, as soon as Merkel has left the stage the new coalition gov will change its position on nuclear power.

Cash, more cash and profits so I would expect a good day for HUR having read the two reg notices. The future? Well quite rightly the new team are cautious about forecasts but that well keeps producing oil and the daily rate on the money for now.

OK, but what news is needed to make this fly?
I am exasperated to see the sp down 5% today when the oil and gas market so hot! What is Tom Cross waiting or hoping for?

A bit underwhelming imo. Long term holder so Meh!