Member Info for easyp

"Under one of the proposed amendments, investigation and exploitation of radioactive minerals would be prohibited in the Spanish territory and any open proceedings related to the authorisation of radioactive facilities of the nuclear fuel cycle for the processing of such minerals would be closed."

It is just a proposed amendment but how long will this take to be scrapped or dropped? Until some clarity emerges on the amendment I not going to buy back into BKY. When we get the permits then buy, if you are still invested then wait and hope the amendment gets quickly dropped and the sp bounces back.

The amendment to the climate change bill may well be what drove the sp down today. Add to that the markets were generally in the red and it all makes for a bad day for BKY. Watching and waiting with cash to jump back on board.

Yes 185p is possible but I am content to enter at todays price because I do not believe it is as likely or probable as you do. Give it 24hrs and maybe you will be proved right but I have not set stop automatic losses on my BP dabble and am not going to be panicked into a sell.

First, we are being shorted and second, until an RNS emerges which drastically upgrades the reserves and daily production forecasts on the basis of new geological evidence then HUR is a basket case. Invest at your peril but maybe take a punt on it for kicks?

Interesting, a dire day on the markets, red as far as one can see with just a few gainers yet PMG came out of it in reasonable order. If nothing else the shorters are not on our backs yet.

I wondered where we would be by end of day and have to say SOLG held its sp very well. Looking forward to further news and the odd RNS over the next few weeks and suspect a low ball bid will be forthcoming before Christmas but who knows?

I recently bought into OMI and it has been a great week but my main stake is in SOLG and our day in the sun will come soon.

You need to translate that into Spanish and get the eco idiots in Madrid to read and understand it!

Most of us here support the need for nuclear power but the markets cannot be ignored. This drop is severely hurting small investors like us but what is driving it? Panic selling, shorters and stop lossing maybe but down 30% is an extreme reaction imo. At what point is it safe to buy back in?

FT gift link: https://on.ft.com/3k1EEQt
In essence the FCA fined a hedge fund £900k for shorting PMO without making the required announcements. It is possible BKY subject to shorting attack today but I have no evidence of that other than a 30% sp drop so DYOR.

Some of us have been investing in oil and gas companies for a very long time......
I have seen PMO go from pennies to pounds and back to pennies.
BP is a reasonable bet at these prices imo.

After some years away from BP I purchased 3000 shares in two blocks today because the price tempted me and I reckoned that with winter approaching oil and gas companies might see an uptick. That said I think the management and the strategy here are totally wrong on renewable energy versus the oil and gas business but the brand has value, plans may change and this seems a fair entry point.

Love this share.....bought 10,000 on the first news and then another 10,000 thinking it might have legs. Wow!

Impressed given that the markets are a sea of red SOLG doing OK and should more news arrive as an RNS maybe a good finish to the day or perhaps week?

I sold a while ago but remain convinced this mine is an essential deal for Spain and the EU but.....until somebody gets rid of these socialist eco idiots in Madrid BKY is stuffed. That might happen sooner rather than later but until we see a change of politics and the permits in place this is a risky bet.....even at 25% down on starting price.

Down 9% at the kick off but then markets down generally. Any views on why here?

Most of us realised HUR was a risky bet and many are well in the red.

How do the long term holders of BP shares feel right now? Even the ones that averaged down must be feeling worried?

Viable...."for what its worth".....make up your own mind re FT and of course DYOR etc

From the FT:

"A Hong Kong hedge fund that built up a large short position in the North Sea energy group Premier Oil has been fined more than £870,000 by the UK regulator for hundreds of disclosure failures over more than two years.Between February 2017 and July 2019, Asia Research and Capital Management — a $3.7bn hedge fund founded in 2011 by Alp Ercil — built a short position equivalent to 16.85 per cent of the issued share capital in Premier Oil. It amounted to the biggest short in UK history, according to Edison, the investment research group."

While I have not entirely given up on HUR small investors need to realise that they are getting played here by a combination of poor management, bad news and of course shorters.....

The FT view for what it is worth as of 08 October:

"The 5 analysts offering 12 month price targets for SolGold plc have a median target of 70.30, with a high estimate of 128.51 and a low estimate of 55.21. The median estimate represents a 80.26% increase from the last price of 39.00."

Hi P1D, not an area I have any expertise in but I believe one of the problems with hydrogen is storage. It requires very low temperatures to liquify and the gas is leaky because of molecule size. I have a few shares in TPG which is working on hydrogen ideas but that's about it.