Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Things to cnsider and understand the current negative sentiment could be linked to the UK consumer price index data release this Wednesday and PMI, as well as retail sales readings due later this week. This will push all UK SP further down ...no exception. My sugesstion is to wait this and next week and observe the trend before you top up.
I agree with your first two points. BP is still cheap and and good time to buy. The oil price trend is upwards and won't change during summer. No end to the RUS-UA conflict, holiday bookings 5x up (in USA), hot summer consumes lots of energy, etc. which coincide with your last point. People still think this is a dip and no need to worry or save for bad times. Just my opinion.
I agree but it's a bit of both. On one side the sanctions limited the supply from Russia. On the other, the green talk overpowered the need for o&g investment and you can't expect the sector to do that now as it's too risky as a long term strategy. Mr. Biden wants more fuel but not from the USA and it proves difficult to find an equivalent replacement (and a reliable partner). The big giants will survive and divert to to the green power when the time is right but I can't see how the shiny little stars like I3E can survive in the long term. I bought I3E shares and I enjoy the SP rise but it reminds me of the covid situation when the pharmaceutical companies enjoyed their peak for several months and then dropped and the investors moved away. I also think that for big investment corporations is investing in the o&g sector not ESG friendly hence unacceptable by today's stakeholders. Saying that, the energy and other commodities are the new FAANG :). My opionion.
I agree with MickR. It's a multi mineral company worth £ 6 mil atm. 90% located in Europe which shares were selling at around 7p 4-5 months ago. I was not considering it back then due to a very poor management. Considering the current SP the reward is high.
Sold all my shares 2 days ago for profit. I don't think I'll miss a "once in a life time opportunity" by having cash and just observing this tense environment. I don't have a problem with the volatile AIM market but not in this environment. There is nothing wrong with I3E and I wish it was where it should be but there is a fear (o&g taxation, compensation for losses, economy slowdown, increasing interest rates). I am not sure how can one sector outperform when the rest goes down. Just my opinion.
Not directly linked to I3e but the fule price around $100 are here to stay for a while. Firstly, the fuel demand might be dropping slowly (covid in China, lower production output) but so the supply (Russia, unwillingness to restart the oil exploration in USA due to the oppression of the o&g industry by their govt for a long time) Secondly, in times where the inflation is high, you need to forgo less important things in life and spend it on the things you can't replace or use less (=o&g).
It's not just the current prices BP can benefit from but also the FCF it generates which will be invested in green projects BP can benefit in the future once we'll get over the current shortages. Yes, recession is coming, you can live without tablet or fitbit but you can 't stop buying energy (in whatever form). SELL I want BUY I need companies.
People who invested in ANIC believe that this is a great opportunity to make some money for whatever reasons. I don't think it's about the financial performance and ratios or the market efficiency at this stage as this is a very new business with lots of opportunities if it's get big. As a diesel engineer I am looking for all sorts of excuses to stay biased towards the raise of EV's but it is inevitable and very fast and it makes sense and I believe that ANIC (and its industry) will be the same thing.