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I did not see that coming but a few weeks back I sold my BP holding and purchased some CNE. Grateful to BP for a great run up from 208p when I bought last year but I just think their green strategy nuts. The world will need oil, gas and plastics for at least another generation (30 years) and therefore I felt BP should not abandon oil and gas. Yet today evidence that they are stripping their exploration department of people and money a decision which will bite back in years to come.

You need to see some assay results, once you have hard data on what lies below ground and how far below then the market can take an accurate view on valuation. Hence OMI off to a good start today because their RNS listed the drilling and assay results of their acreage in Colombia. Hopefully PAT will publish something similar soon but in the meantime I am thinking of selling a little OMI and buying back in here on the dips.

Nope just very disappointed! I am still just in profit thanks to buying in blocks from the end of Oct last year but to read the RNS this morning and see the sp kick up 6% only to end the day in the red exasperating.

Fair enough scooby, not a bad strategy but I am inclined to believe that EVG proves to be a hot biotechwhich will just keep climbing on the news and funding will come from joint ventures. Yes there will be some dilution.

I wish they had bought a chunk of SRB!

Permission to feel just a bit smug this morning?
Bought in a month or two back after hearing EVG mentioned on other boards.

Very nice set of results, high concentrations just a few metres down!.

Someone on the HUR board suggested CNE might be interested in a bid as they have a well producing 12,000 bopd in the north sea and the prospects in that area are interesting. HUR not without geological and financial problems but that is reflected in its sp. Do board members have a view on buying HUR as a means to increase annual production?

I hold CNE and have mentioned them here before. CNE have cash and produce about 20,000 bopd as an annual average and a windfall coming there way from the Indian Tax Case. HUR has debt and some cash, they produce 12,000 bopd and could raise that if the technical analysis of the reservoirs is positive. HUR could be purchased for peanuts right now but would small investors recover their money/losses? I would personally welcome a bid from CNE but then I have a foot in both camps.

Any chartists out there with a view on the drop today? A dip to buy into....or a more significant move in trend?

I am inclined to wait, buy into any dips and be patient. The world needs more copper and SOLG is sat on a mountain of it. Just a shame all that gold is in the way of the copper extraction.

Hopefully that will push the sp towards 12p today. Still a big if but if this drug worked and passed P3 trials it would be a game changer and save thousands of lives.

Hope so but for me 30p is about where I would top slice some of my stake and then await news to see which way the sp goes. OMI is a good share to hold imo but AIM is always volatile and small players easily manipulated hence my cautious optimism.
Perhaps unrelated/irrational but I am a fan of investing in Colombia and did well with an oil explo share which became GTE so OMI feels like another lucky play to me.

Nothing imo hence bought back in at 203p this morning having sold my modest chunk weeks back at 224p. Happy to trade the ups and downs but do view HOC as decent long term punt on silver and gold, as always dyor.

I also believe that CNE will extract at least part of the damages from India this year so another possible windfall dividend possible. Perhaps more importantly we need to put India behind us and focus on finding more oil and producing it cheaply relative to market prices?

Very encouraging RNS it will be something of a disappointment if the sp does not rise today. Oil and Gas sector out of fashion with investors.

Had a good run up in price in 2020 and sold entire stash. As the sp drops back starting to think about another punt?

Not a good sign imo and no update from the company senior management on what is going on behind the scenes.

RNS today modestly supports your argument. Covid aside 2021 could be a good year for serabi.

Worried that the sp dropped a little this morning?
Let them short and play their games just make sure you have some cash free to buy the dips as this company will boom on assay results and probably attract a bid at some point in 2021. I do not say this often but even from here OMI is a multi bagger share.