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https://www.bullionvault.com/gold-price-chart.do

Shanta with its low AISCs could attract far more gold bug aficianados than it would otherwise do in the general scheme of things.

EZ probably ideally wants ~$1,900/oz but he is unlikely to see it in the short term. Some of the other explorers could easily fade away if the low PoG goes on too long. Many investors could therefore find their way here and lift a silly SP to where it should be quite quickly. In effect the portents now look very good, the best they have done for many months.

Perhaps new blood needs introducing to re-energise the company.
Something is missing in the management structure.
I have been here (only) since the west wall fiasco/indaba.
CEY was to become an important core of investment.
Have changed my ideas since a temporary 134p reset.
The aura has gone for the moment.
Should W Africa be abandoned to concentrate effort?

Just waiting to see what knock-on effect, if any, that trade has on the SP.
Have a sizeable wedge ready.
Compelling evidence on JSE's bountiful future.
Wish I had something akin to Blakeley's presentation qualities.
That's never likely to happen.

https://money.tmx.com/en/quote/TAL

Stealing a march.
718k and > 7% up.
Can$0.30.
We should have done better here today.

Thought-provoking article together with those that followed. Am in two other oilies and planning to add JSE as a third. I have found comments here useful and regret not having taken up stock pre-acquisition.

Cevian Capital "believes that within three years Aviva should have a share price of more than £8 per share and be paying a dividend of 45p or double the current payout".

It's certainly attractive, if so, but nearly always wary of b/s. May give it thought if the general p/f continues as it has done during H1. Would be interesting to get some comments here.

Yes, generally, it's a bit tricky. For my part I would prefer the company choose the right course, i.e. revenue stream. Brent/WTI should maintain an upward curve. Therefore workovers and infill wells should generate healthier returns in the short term. If not it will stall further purchases this year. Ideally SP drift into 2022 has to be halted.

There are three afternoon trades of 16.33/16.34p (C$28) that found their way on to the London market. Similar Canadian examples have occurred before. I think we could be approaching Sturm's 20p quite soon.

Quite lively in Toronto during the first 30 mins.
Could help us by another point or two.

"signs of life", indeed.
It's taken time to get going again. I had wanted to add a few lines, but reckoned they were a bit over the top, partly due to living in dangerous jurisdictions. In effect those countries still are high risk environments and probably (other than Lima) remain so. Keiko is an enigma. She is unlikely to carry the day on alleged ballot fraud.

Castillo, on the strength of his pronouncements and adviser retinue, could be a safer pair of hands over the next four years.

PTAL has become my second largest AIM holding after the last injection @ 13p. That will only change if Brent collapses. Some analysts are predicting crude will reach $300 by 2024 (unlikely).

I don't know the views of others but owing to non-performance on AIM holdings - and some very sound companies at that - I am concentrating more on the main market. It is noted that p/f, admittedly from a low base, is 47% up in 2021. Maybe the adage of going away until September applies on AIM.

Sticking my neck out a bit as others almost certainly will have studied the subject, i.e.

uHPHT - ultrahigh pressures and temperature, a feature yet to be examined in full. I am not conversant with what PB has said. Is the drilling crew limited on knowledge of mud and strings, etc for these high-pressure wells? Combined with other "knowns" such as pipeline connection/road-building/Port of Spain foot-dragging is uHPHT a major factor affecting SP?

" writing off the next two years"
Problematic, it is. Tend to agree with you.
Overall results have been poor except for a 49% increase (2021) on a growth fund.
But even that was from a low FTSE base.

Nonetheless it's a trifle unsettling to see continuation of SP erosion. I have not been here very long so am in no position to comment/criticise. It occurred to me start of the run began after two delayed bulk trades appeared. At the time they seemed almost certain to be buys but I did no minute calculation. Either way the trigger was at that point.

Yet another "P" logged in the past few minutes = 250k.
The experts will be able to decipher the day's action.
I'm not one of them.

http://blog.gorozen.com/blog/what-a-difference-a-year-makes-in-oil?utm_campaign=Weekly%20Blog%20Notification&utm_medium=email&_hsmi=134161917&_hsenc=p2ANqtz-8APx1-b22yw00nIHvxCwo90tP_E7HAAdb6wagxN11ENZU_fr1ErEki4Ed77z_yGRBbFOduWjXkANi_KVPjc3B4Sz_yFw&utm_content=134161917&utm_source=hs_email

Punch line which reinforces a belief -

We have entered a new era in global oil markets. The only source of non-OPEC+ growth over the past decade is now suffering signs of sustained depletion. Most analysts believe the shales will exhibit strong growth again when oil prices recover; however, our research tells us that growth from the shales will fall far below expectations in the first half of this decade".

AIM, generally, looks as though it has taken a pummelling this week. Surprising as I was set for taking up more stock across the board. The fallers include SHG, BP., CEY, JSE, KMK, PTAL plus others. Satisfied to a point: Brent up to $74+, gold slumping but then I didn't ever visualise POG exceeding $1,900 for very long.

All trades since 09:53 have been marked "P" which are defined thus:

"P' Protected Portfolio
A protected portfolio transaction or, if reporting a trade resulting from a worked principal agreement for a portfolio transaction. Like a non-protected portfolio, but the price dealt at can be amended if the market maker manages to make a 'good' profit."

None the wiser except the rest of us take our chances on the open market.
I could do with a spot of protection. :)

Uncomfortable though it may be we are the flotsam and jetsam of the AIM world. There are unknown forces at work here. One of the few advantages is to seize the moment when events occur. Prime current example is Castillo rattling the cage. It will pass.

Among the unknowns is keeping an eye on further GTE decisions, their customer(s) taking up and relinquishing stock, and perhaps Hadron. Brent will ease at some point, possibly towards the end of the US driving season. The DUCs in the Bakken and Mississippian may also have an impact if the taps are turned on @ $80+.

Watch them sneaked-in delayed trades post-5pm.

When I last checked those two big trade deals had been deleted from the official London Stock Exchange site. Nowhere to be seen but might have been transferred back to yesterday. Strange.