Member Info for nacho2

Exactly JG, hammer down and have patience.

As long as companies are robust, have patience. In my own case, I used to average down too early but now take the approach that a 10% drop or rise is nothing.

All I will say is that if the fundamentals or new information on a company cause someone anxiety shall we say, then either sell all or part at a loss. Serenity is more important than money. Plus theres always going to be another share, or a better time to re-invest.

I don't think anyone calls it right everytime, and a glance once or twice a day is sufficient, unless you are a day trader.

With cine I'm looking to the James Bond release. Cine share was so exciting last year, much calmer this year. Hard to tell if cinemas will slowly fade away or will they still remain the place for kids to get away from the oldies. I think high-end cimema will survive, but older units won't. Which plays into the hands of cine.

Cine imo safer than iag though who knows.

Don't quote me oil beast but the Good Law Practice have called into question the way Abington were awarded a contract - so one way or another DHSC have not paid Abington for the first suplly of tests.

Was a nice surprise to see stock up 100% after the slow degradation. All we need now is a couple of mill at least from DHSC and all sweet.

Nice research invest45 - yep I read it that way too. More likely to get paid if a big major gets the rest, though whos to say the initial cost wouldn't be inflated (offset with a higher return over the first few years) to keep genel from taking 49%

Petrophysical analysis of the well logs have confirmed high quality reservoirs down to the base of the well with no significant deterioration in porosity with depth, indicating the potential for high deliverability reservoirs in the underlying Jurassic formations.

Shame they couldn't have drilled deeper. Imo other companies will be interested in seeing the data, but without paying much to see it. With licences in qu, they could even buy the licences directly from Bahamas, though with net zero all the rage now, unlikely a major would put their name on a drill until massive reserves were found.

Theres oil there somewhere but we don't have the cash to do it.

Secured sounds better than abandoned. Not sure if much was meant by it other than to emphasize drilled hole was plugged safely.

Right lets all hire a plane and go to Trinidad. We can all pitch in and dig 4 more wells pronto.

Basically Starchild getting lambasted for being the most positive. The pet food analogy basically meant that without the saffron oil field, we'd have had nothing after p1 duster but a bahamas oil exploration licence that we couldn't afford to renew or exercise even if it was/is renewed.

At least our holdings have not dropped to zero.

Thanks for the link again Daz. Sinohydro exclusivity period has expired, but apparently Kodal continuing with them so far.

Dry season starting soon in Mali - just how soon can SH get a plant running? Ganfeng have given Core ...till Dec '23 to start producing near the capital of Mali, so I'm guessing Kodal mine won't be running this year.

The only other problem I see is if Ganfeng try to block other rivals from mining via the Mali ministers. If mining licence not granted then we will all know whats happened.

On a side note:
https://www.lovemoney.com/gallerylist/92705/highdemand-products-with-a-huge-human-and-environmental-cost?utm_source=sendgrid&utm_medium=email&utm_term=article4headline

Read the above and feels like electric cars are not a real solution - just means we don't really see the pollution from them at source, and can pretend that we are saving the environment. Kingsman 2 anyone :)

Agree with you Laverda. The last peak around 0.49 came after the update on gold prospects. The only way I can see the peak being mostly linked to the lithium mine is if some people thought Ganfeng were putting an offer in. I think Ganfeng unlikely to offer, as over 100 miles away from their mine with Core on asx.

Whether or not the abC19 rapid test gets sold elsewhere remains to be seen. Don't understand why DHSC not paying - am sure they spend more on toilet paper per year. It maybe wasn't ce marked, but if thats their reason for not paying, none should have been used, otherwise patients given the tests have grounds to sue DHSC surely. Dhsc contract on aim admission document it seems if anyone wants to update us :)

Nlondon: sometimes I have trouble staying logged in. Always put it down to browser updates or settings.

Positives are company is still going and there still is potential.

Granted p1 results bombed us good, but we all knew the risk.

The situation is looking increasingly bleaker with no news, but as was said, without cerp assets we would have been worse off. Better living to see another day.

Either s2 results are too bad to publish or theres a lot of sensitive info or contracts need dealt with first, we will find out eventually.

Mmm not happy about over half a million pounds being immediately granted. Still need to retain staff but bad timing on this one.

The 1000 bopd prize I can support as ceg should be able to be profitable from this.

The 6p or so one over 10 days seems too short but hey, 6p better than 2p. This one makes me think that there will be a ri if we get over 6p.

I like your opinion on energy stock valuations compared to mbo jettydog.

Some energy exploration stocks are a bit like a time-delayed scratchcard, allbeit with research and and a bit of luck can come good. Certainly more fun.

I'

If berkely get approval this will swing up fast.

I'm sure they have plenty of people working on this.

Maybe spain can't afford it. Time will tell.

Punter64 I agree undervalued.

Whether its the situation in Mali or otherwise that is holding this down, but I have sunk my feet in the sand here twice this year, and am patiently waiting for the upturn.

Of course Mali politics could go sour but ceo could also get hit by a bus

210 if dire summer/autumn and maybe more funds needed.

370 probably eventually, sometime :)

@Ethio where do you get your data from?

Buy currently at 38p and sell at 34p - over 10% bookkeeper margins

This share was 0.12 roughly not so long ago. It already has gone places (ie much higher).

I still wouldn't sell though. Did see peak of 0.36 or so and think I could have made a tidy profit, but don't want to risk a tidy massive profit. Of course things can and do go sour, but......

Big companies have to shed coal burners to keep institutional fund managers happy. May be more to it but musn't be shed loads of profit here or else aal would still be knee deep in coal.

100p seems a fir price to me