Member Info for easyp

Give it a bit more time imo. PMG should do better over the winter months and the demand for oil and gas will recover at some point next year.

"President Biden" will have a huge carbon footprint as he is moved around in an armoured Limo, Helicopter or Boeing 747. In due course that may also include an electric armoured wheel chair who knows?
Like all Limo Eco Liberals he will say one thing on the environment and then sell out to the highest bidder among the lobbyists.

Still holding and hoping but lets get real about the re rate. Most posters hold the view that HUR is under valued and potentially a multi bagger from here. To drive that we need credible technical news from the company on production rates, water cut and a credible plan on how to extract most of the reserves believed to have been there a year ago. I suspect we will be well into 2021 before that happens but I will add if the production rates stay about 10,000 bopd until year end.

Positive, I do not claim expertise but my concern would be its timing and market uncertainty. In the long run if OMI is as rich as we hope this is no big deal but I could have done without it today. Suspect gold price re US elections will spike but who knows?

I am a bit concerned that 1.8% the company is being sold to staff at these prices. It is not an area I have much expertise in so would be interested in views from those who can read the numbers.

Colonel can you give me some idea of how these assay results compare with other mines?
Did the assay results come in about as expected or better?

Morning all, I thought this was an interesting bit of news on the future of copper. I always invested on the basis of the gold but actually the copper resources they are sat on might attract a bid. To others here they might have seen that coming from a while back but it interests me that copper might drive the sp as much as the gold if Biden wins.
https://www.lse.co.uk/news/rpt-column-funds-place-their-bets-on-copper-going-into-us-election-andy-home-9lbsqcr5i5uh5ja.html

https://www.lse.co.uk/news/spain-approves-475-mln-euro-aid-package-for-air-europa-buvc67ycrg99v1v.html

Yes, the Spanish Government is willing to bailout a local airline with $500 million but is blocking a Uranium mine on Spanish soil! Environmentally, politically and financially this is plain/plane crazy.

Might a big player use any market volatility associated with the US election to mount an aggressive bid on SOLG?
How much would it cost to buy a controlling stake by the end of this week?
How much would it be worth in 3 years time?

Interesting, I just added a very modest amount of shares to my much depleted stack in HUR. No firm news but that they renewed the contract for 3 years a small positive imo. Some big production figures and a re rate on the reserves needed to drive a serious re rate in sp or bid.

OBD is off the radar and my holding is deeply in the Red! A very annoying share to hold at the moment, good science, interesting developments but we are down another 7%?

Essentially with the elections and market uncertainty OMI could go either way but I am here now for the longer term, summer 2021. As for this week, like last week I predict some volatility but a good finish on Friday.

And yes if there were any tree shakes and double digit dips I would buy more.

OM, in a word volatility. Politically a huge week in the USA and markets and price of gold could go down as well as up. If the main markets crash traders will sell good shares like OMI simply to meet margin calls on their crap decisions. Ten Minutes to go and I am predicting an interesting week for OMI.

Interesting development from this mornings RNS but do not believe it will do much to the sp.
Hopefully I am wrong, a double digit uptick would be great but.....

A big week ahead politically at home and in the USA so anyone care to predict how our share price will fare?
I will be ready to buy any big dips in sp and hold until mid 2021 unless there is a black swan event in which case I would stop loss etc.

Kingalf, I am hoping that quite a lot can happen in the next 12 months. If it is positive news on the trials then either the money will come flooding in from institutional buyers or private investors will not object to a placement on reasonable terms.

https://on.ft.com/2HPHryw
Apparently they consider BP now a sell......I do not.

"Yet Exxon’s response has been to double down on oil and gas, plotting another huge surge in output. As rivals fret about peaking oil demand and start trying to navigate a global energy transition away from fossil fuels to cleaner energy, Exxon is making a huge bet on oil’s future."

As far as HUR goes how much oil can they reliably pump per day for the next 18 months?
Will the price of oil rise substantially in 2021?
How long will the Lancaster reserves last?

We need facts & figures from HUR or its contractors on what they are sat on and how much of it is economically recoverable? As that filters out then we might go from looking busted to booming.

Thank you for reminding me of that, it could prove crucial to the price of a bid.

OWL, well it sounds like fraud but I suppose that is a matter for Australian Government Agencies to determine?
I am very disappointed as I had invested on the basis of the uranium prospects, lost money then stop lossed and walked away. The potential is still there but I doubt Aura will be the company which digs it out of the ground.