Member Info for Mr.Flibbles

You'll need to buy inflation-linked bonds. HIC does have options for growth as well as income and asset appreciation. It will be a challenging period but much is factored in now and while interest rates will not go back to zero they could come down as goods inflation comes down. I am sure core will eventually come down.

They can renew the contract at "twenty or so years". I know its not quite the same as for example "twenty or so years" for a windfarm having to replace all its parts including the turbine blades. At least I the "taxpayer" and the income will pay for the re-surfacing of the road etc... Its all factored in and everything nicely goes up with inflation.

Oil price is struggling again. Russia in reality are pumping like crazy under the OPEC radar. I expect oil to be around $60, however, I expect gas to come back to the rescue having bottomed.

G_G_G the BOD are unable market time. Buy backs are a form of dividends but instead of being paid in cash you are being paid with slice of the company (or technically companies future value) and so in theory you get the share price appreciation (like with BP and Shell) or at least appreciation relative to where it would be without the buy backs! But you get what I mean and I apologies if I am telling you how to suck eggs.

You also have the bonus here with buybacks of not having to pay TAX as PTAL unlike I3E is subject to Candian TAX on dividends (well I think we are, I have not actually check my dividends).

Another error £173.95k of 700,000 shares!

No my bad! £700,000 buy was interesting.

Was there honestly just 5 trades today?

The timing of this "technical" look comes on a day (today Sunday) where OPEC+ have confirmed out cuts. It was pleasing to see Nigeria comply having spent so much on investment to catch up. Russia also agreed, but lets face it what they sa and what they do during time of war is complete nonsense.

To get to 63 to 83p PTAL will need higher oil prices closer to $90 in H2. I don't think in these times we will get there as even if all the forecasts are happy to say so, but happy to collect the dividend and see. The US will need to re-fill the strategic reserves but again they don't need to in H2 .

I have plotted the a classic descending triangle on an uptrend. Its there so there must be some signs of oil going to $90. I can only see that OPEC+ decided to cut today instead of actually increasing production to teach Russia a lesson and drive down oil prices. This looks unlikely after today's I suppose very good news.

Tony, AXL ticks all the other boxes being debt-free, adding production and almost affordable. But they'll never sell this year. The region your right is not as good as Puru but has good tax structure and is worth adding to the watch list.

There is so much going on I don't think my ticker can take it.

An acquisition of EOG does not align with the bonus structure of the CFO. I3E will need to buy something like AXL.

(Yes I am ramping my own book... next person please...)

The Zinc price has absolutely tanked in the last month. Only Lead holding up high.

Interest rate is about the going rate for business. Some private credit bonds yield 12% for comparison! This is the environment we are in and is expected.

Oil price has been crashing has not helped today, however, we won't have to wait long for the build-up to the next well, and the next one after that.

Well, I am not but if the market is expecting 2-3k barrels from CN like James points out and we don't get it, then the share price will drop. Anyway we'll find out next week. Maybe Canada will get the info before us.

The sun is out all weekend and Monday so enjoy your BBQ's and try not to login on Monday :0)

Only £13,603 needed buying back. Was the last day to buy for the UK-listed shares so added a few. I expect a rise overseas on Monday and hopefully no dividend drop from today's close.

There is no way JSE should be paying out that level of cash. This ship needs a wide birth to the tern direction and prove to the market once again that JSE is a growth stock.

...and to add I don't think we'll get a meaningful uplift in reserves until after the warrants. This would be a catalyst for another step change next year. Without the warrants would all be overpaying here.

I am a big believer in curbing expectations. For a step change in valuation, the market need a surprise to the upside and not ramp up on the roomer of thousands of barrels and then sell the news. There is a £100m pound company even with the warrants here and certainly after the warrants... but how we get there is obviously on steady drilling. Without debt and self funding and with the bonus of warrants until Q4 this is one of the best risk rewards on AIM.

For some excitement and constant action look to AXL.

PTAL will be slow as it is now a proper growth and income play it wont re-rate when you want it to. Instead it will grow and increase dividends at a stead old rate, depending on the macros by about 20-30% total return and that is more than good enough for me.