Member Info for rossannan

Iglu

Good summary.

Auson

Does your research not show awards rarely exceeding one-third of the headline claim? €100M is therefore pretty much the best case scenario. Two figures seems more likely, assuming, of course, that RKH even win - the states who have behaved badly get away with it surprisingly often.

It might have been helpful if that RNS had put this particular debt in the context of PERE’s other liabilities. They like to give the market snapshots rather the bigger picture.

Good things happen to good companies and bad things happen to bad companies. ARS looks like a bad company that has been keeping bad company. In this market they really should be making more of what they have.

FI

Is that worth it when you can’t deal within the spread in the way that you can with real shares?

cubane1

I admire your optimism. This could see 15p+ on that kind of optimism alone. But the oil price has to keep cooperating.

darientaylor

In the short term though, what about the risk of the new COVID variants causing further shut ins?

LLP

But the continuing failure to launch on the LFT front raises the spectre of further dilution down the line.

Hey Hantsome

But maybe not quickly enough for short term traders.

Isn’t it as much if not more to do with the current oil price encouraging a more bullish take on future oil prices and the hope that Navitas will sign up on that basis?

First there has to be an update for him to write about...

ab76

Quiet right now though, despite WTI’s convincing break above $50. Look at other oilers like PTAL getting their game faces on (proposed bond issue there). If this coming update is just broadly similar production and a broadly similar cash balance, what, as I asked before, is going to spur retail interest?

Maybe, when it comes down to it, a standard listing on the main market (I assume that PERE has a standard rather than a premium listing!) is not that different from an AIM listing.

Why do we have so little financial information when PERE has a main market listing?

The new grades will need to be consistent with the historic drill results for further progress. If they are, game on.

It’s certainly a waiting game.

There is certainly a sense that it needs the gold price to rescue it from itself, even when you make allowances for recent events in Armenia. CGH is not exactly the shining star of my collection of gold juniors. But that’s why you don’t put all of your eggs in one basket.

pauldrayton

The oil price continuing to climb would also do the job.

Was he pointing the chartists/momentum traders in this direction?

Tornadotony

With gold you are staying a lot safer than most while you are waiting for your investment strategy to be proved right. That is smart investing. Tesla is a good company but is grossly overvalued. Bitcoin is ... what exactly? You are well out of both - it's just momentum investing on steroids that has to end in tears sooner or later.