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Great update but the price of gold still being shorted by paper trades. The sp should be way higher imo but what does that count for? Very frustrating as this is a very productive and profitable miner.

The news, the RNS is always next week with OMI. When good news does appear, a sudden flurry of buying, the sp peaks then it drops back into the mud! I back commodities and Columbia but this is getting painful!. Maybe next week?

There is a snag however, Crystal Amber https://www.crystalamber.com/about/majorholdings
CA might well just want out of here given the grief of the past year or two and therefore HUR is vulnerable to a low ball bid. I have no idea what break even or a modest profit for CA might be but it could be single digit pence? For some that is still a great payday for others with a break even at 20p or higher it is not.

Are due shortly, anyone care to offer predictions?
I am bullish and expect a good set of figures, possibly a better dividend.

https://oilprice.com/Energy/Crude-Oil/Moodys-Oil-Industry-Must-Spend-542-Billion-To-Avoid-Supply-Shock.html
For those with patience and a high risk appetite POS is an absolute steal at these prices. Might be sensible to wait for the first order or two to flow in but I am confident that they will and as they do the sp will multiply.

BHP = Big player that does not want other institutions & small investors diving into SOLG and raising the sp?

"BHP is prepared to pursue opportunities in “tougher jurisdictions”, as the world’s biggest mining company seeks to increase its exposure to metals that will be needed to power the energy transition.

Chief executive Mike Henry told the FT Mining Summit on Thursday he was confident the company could manage the risks of investing and operating in politically volatile developing countries that are often hotbeds of bribery and corruption.

“For attractive enough opportunities we would contemplate pursuing them, sure,” said Henry, who wants about half of BHP’s revenues to come from the “future facing commodities” of copper, potash and nickel by the end of the decade.

BHP has historically focused on developed countries such as Australia, Canada, Chile, and the US but Henry’s comments suggest there is a realisation that to gain access to the best copper and nickel deposits it may need to operate in riskier countries. The company has already taken a stake in a London-listed copper company developing a project in Ecuador."

Come on BHP! Make a bid for SOLG and let me go please!

Until something annoys Putin?
It is going to be an interesting European winter for oil & gas shares.

At 12.25p which seemed OK as long as production gets going next year and news of bigger players emerges not to mention the bit of gold and vanadium prospects.

https://www.lse.co.uk/news/shell-warns-of-significant-cash-hit-from-soaring-gas-power-prices-42syerelhiiqg9e.html
I was amused to not that Shell will be cash hit by soaring gas prices. I just wish CNE sp would soar away too given our recent acquisition in Egypt.

OMI up 14% this afternoon in Canada but not much market enthusiasm for it here!

The sp has climbed from 2.5 to 4.5p in a month and is now sat at a fraction under 4p. I am in the blue as are many others here. Why is the Market Cap small? Because of a dishonest management who tried to exploit disappointing geological/reservoir results to rob the company from it's investors?

Given the way politics work in India I am surprised that Vedanta have have not bid for CNE. I suggested this last year and others no doubt did too but so far the sp not going anywhere despite $1bn in cash coming our way?

I am enjoying the ride but will feel happier when we have jumped a couple of more fences.
The first, get the bondholders sorted/paid off.
The second, an oil production report early in 2022 showing a steady 9,000 bopd.
The icing on the cake might be the company looking at options to get more oil from the reservoir and a re calculation in 2022 of how much oil is now financially and geologically recoverable?

Zzzzzzz.....show me the money! I have been waiting here patiently for news and hopefully a spike in the sp. One can trade on sp movement but not when it is plodding along within a range.

So a while ago I suggested that when the sp reached low 60s I might take some profit as that would be the sensible thing to do. But this morning I actually purchased 2,000 more shares to add to a modest stack because I am enjoying the run and hope there is much further to go. 3 out of 4 of my oil and gas shares doing very well PMG, HUR and XOM.....CNE disappointing.

Maybe.....but disappointed that the surge in oil prices over the past 3 months has not had any marked effect on sp
https://www.cairnenergy.com/investors/annual-report-2020/
21,000 bopd and oil at $80 a barrel = profits = higher sp?

"US oil prices rose to the highest level in seven years after Opec and its allies declined to accelerate plans to increase crude production, snubbing calls from the White House to help tackle a growing global energy crunch."

The above from the FT this morning. Do not forget that OPEC now includes Russia and Putin has some scores to settle so oil is going to stay high for a while yet imo.

The Sunday Times promotion of PTEC should add a few pence to the sp today which is always handy. Improved profits and dividend news would be even better but one day at a time as they say.

Can also add my thanks to Senseman and others below. I copied the standard email and sent it off not expecting much if anything but received a reply within two working days from the NEDs saying they were aware of our concerns. Maybe investor activism does work for the little people, time will tell.