Member Info for formerlyeasyp

I have concluded that the business is sound but the management are incompetent. The management of debt a case study in poor comms.

Https://www.lse.co.uk/news/top-news-centrica-signs-long-term-gas-deal-worth-usd8-billion-0xlxvkawn0lylbg.html

Centrica is buying fracked gas from the USA which has to be liquefied and then shipped 3,300 nm by sea to reach the UK. All part of the Net Zero Green Transition?

Or they could have purchased the next several years worth from ANGS and a bunch of other small UK producers?

No, but if it is closer to the surface along what is a large deposit then yes. Also, some of us bought in for the Copper resources and thus far no firm assay results from drilling.

A nothingburger imo.

Https://www.lse.co.uk/rns/SDX/termination-of-senior-employee-b8xr6mgc1ptiz1u.html

Egypt is corrupt.....from top to bottom.

Jlovie has anyone here done some tech analysis of the sp chart?

At first glance to momentum is all downwards but Directors buying.

Big buy by directors.....please tell me more, this company interests me.

Https://www.lse.co.uk/news/egypt-sees-minimum-production-capacity-from-new-gas-wells-of-at-least-6-tcf-report-v3ft7v9lnkn3rlw.html

Ref Egypt no mention in this story of CNE.....and they are late paying!

I hold small share stakes in SOLG and PAT. Both are doing badly because of problems that originate in the country where they are exploring for minerals. The major advantage of EEE is that Australia is regulated but not as corrupt or politically unstable as is often the case in the developing world. EEE is also potentially a giant copper find with the Kaolin and Titanium as big bonuses.

I fear I have become a vulture circling over HBR. I used to be invested but sold and took a small loss. Now I look again at the debt levels of HBR and higher interest rates I appreciate I was lucky to get out early. Oddly, I can still see HBR coming good but not until the UK Gov Windfall Tax lunacy is over and HBR reduce their Debt to Capital Ratio. The next winter's weather in Euro-land might help?

Prof, hope you are right but this is India....it is bureaucratic, slow and corrupt.

A fair few "ifs" in your post but it appeared possible.

Hope you are right because holding and hoping for years is becoming a drag.

Share price down 11% this morning. Once the news/scandal breaks I might well add to my small stake but until HMI passes the smell test then no.

Https://www.lse.co.uk/news/cutting-oil-and-gas-production-would-be-dangerous-warns-shell-ceo-hd7npos9mncfzau.html

The ESG/Windfall Tax lunacy continues with CEO of SHELL warning against any further prod cuts.

Well go ahead.....cut production but come the winter the prices will spike bigly.

A good meeting with encouraging comments but it's what the FDA thinks which really counts.

Wait and see.

Now is the summer of our discontent.....but come the winter ANGS will be a money spinner. The debt will be paid off v quickly once gas prices rise which they certainly will.

Great, fantastic, love it but.....I want some honesty and clarity over the sales figures, the profit and loss, the cost of doing business in Brazil and the actual profits post tax etc etc!

Call me unreasonable but I have not enjoyed the ride over the past 6 months!

Forgive me going over old ground but why do they think they can find Uranium in the USA when that area had been mined in the past?

Well the recent share price momentum has been positive which helps attract buyers.

The P2/3 timings open to debate and the science does not guarantee the FDA will approve an end product but cautiously optimistic because a few people in the first P3 trial did enjoy huge health benefits from the drug. This suggests to me that if correctly dosed and directed at the right patients the drug could work.

The ultimate jury for this RNS and future ones remains the market.

Until Colombia is resolved with clarity and perhaps a some ruthlessness as regards the leadership team then OMI will remain a piddly little penny share.