Member Info for Teaye72

GKB, that's what the fast Fwd button is for...
Happy Monday, all!

D'man - as much as the silence is disturbing, I don't think EDL would have got the cash from the recent raise without having a game plan.
Maybe hydro is the next move... although it would be ironic with Edenville in the US being synonymous with a dam failure :)

Norrab - I don’t disagree that coal is on the way out, as a global strategy, but what are you doing on this board slamming it as though you want this to fail? Unless you do, of course, but then I’d question your use of time. It’s a nice day out there... maybe take the dog for a walk and get some fresh air...

Gotta love the 5 minute national anthem at the start... could almost picture the opening titles fading to reveal Sean Connery in a submarine...

Thanks for the link, filthy.
T

I got an email follow up today about giving feedback on the conference and a link to a recording but I’d need to subscribe to access it (wasn’t much but haven’t done it yet..). I had signed up to attend but didn’t as I thought it might have only been for “real” investors. Turns out I had a spectator ticket - but too late!
Hoping there may be a report in the ET news site soon. They had an article about the summit at the beginning of the week, so it’s possible there will be a follow up.

Aerial - I would be the first one to agree that the days all seem to be the same at present, however I feel I should point out that tomorrow is Saturday.... And jab day, for me!

GKB - agree that it's still a risky one, however with ANPM pushing forward with the roadshows, not to mention Santos announcement that they are starting drilling in June (different location, but still...), the ET opportunity now seems a little closer to becoming reality.
The silence on the Moray Interested Party, and announcement that they are going to be looking again at the data doesn't spell success showing up there any time soon.
And Peru needs will probably be in lockdown for the foreseeable future.
Would agree that I don't think I will pile anything more into this just yet... unless one of my others suddenly delivers and I have funds to reinvest. Safer to sit this one out and hope that news isn't quite so infrequent moving forward.
Good weekends all.
T

http://web01.anpm.tl/webs/anptlweb.nsf/pgLafaekData?OpenForm&LayerType=Regions&SubType=JPDA

Doesn't seem to work in Safari, but does in Chrome.

This is one of 2 long term holds for me (the other is EUZ). Both are sitting on potentially huge assets, valuing them at many many times the current SP, although both are still in the feasibility stages. With exploration, there doesn't seem to be any fast-track to making a million, although it does seem to be all about timing. At some point, the asset is de-risked sufficiently for the bigger players to take an interest... and that point, unfortunately, is often too late as the price will have already risen. :)
With that in mind, and as I have spent quite a lot of time (and money) lowering my average down to something manageable, I am happy to sit and wait. Every time I have sold (I've been in and out of this one twice in one account), I have misjudged it.
It also depends on whether you want - or need - your investment cash to be making a return sooner. This one will be fully in an ISA once we start the new year (currently spread across ISA and Trading). And hopefully I can keep my hands off it and just let it sit and think.
There have been a bunch of multi-baggers recently, especially over the last year, but I have never managed to be on them. These two are my chance, and that's why I am in.
T

Digging around for any info on the summit yesterday... has anyone found anything?

https://twitter.com/invr_oilandgas/status/1375079750071369729?s=20

Ohmni - post wasn’t aimed at anyone but the ffs was unnecessary, so duly retracted. Agree that the averaging down approach isn’t always viable or sensible.
T

Worth a read.
Funny that when it's quiet for so long the assumption is that the BOD are sitting back and doing nothing.
When the opposite appears to be the case.
Chuditch is still a way off, but the potential is huge. And we now have a larger slice of it.
Definitely going to continue to add to the pile going forward.
Happy Friday one and all....

https://wp-baronoilplc-2020.s3.eu-west-2.amazonaws.com/media/2021/03/25105335/Baron-Oil-GM-Circular-CL_FINAL.pdf

Another thought.

If you sell at a loss and then re-buy lower...

...you haven’t necessarily made a gain.

Just pointing out some basic FFS maths... lol.

Happy investing.

Lockes
Congrats on being out.
Guess the current SP is my problem.
Cheers
T

Depends whether Sundagas make any kind of announcement - other than BOIL's increased stake.
Ideally they will have made progress on the 3D analysis of the data - the UK company that is leading this is presenting too...
Time will tell!

The cores have been there for a while...

Interesting that the crystals were in a Spanish mine, though... 19 years ago from the linked tweet (search the text)

https://twitter.com/LtdEuropa/status/1375047861705007106?s=20

:)

Typo? ["Yet", not "Yes"???]