Member Info for viable

https://diariolaregion.com/web/pobladores-del-puinahua-rechazan-paralizacion-del-lote-95/

Commonsense will prevail at some point. Haven't added this morning owing to concentration on HMI, SOUC and THS where I have been corresponding with management.

Suggest our flaky brethren try to relax a bit. Our biggest thorn is Putin.

Offhand, and as suspected, local interference/objections are fringe group activities. It will quickly pass if the 16 communities wade in to Perez et al.

@ 18:09 - The Canadians generally tend to run for cover during these events. Was out from 2:30pm so have been caught with my broekies down. After noting previous events it is a matter of nipping in and taking up a few £k in the morning as the panic will be temporary.

Merely consider and judge if Talara/ONP and government can afford to do nothing and capitulate. I say they can not do so because Manolo and Bretana are synonymous with the country's oil industry. (I omitted to add-on at the time of the previous event but did so when the SP slumped to 14.67p.)

Even setting aside the 2.5% fund, before it started, the company had already contributed to various projects. One of them was a substantial river boat/ferry. My experience is these fellas will keep coming back for more and we shall have to live with it.

One slight concern is "also monitoring the progress of necessary maintenance repairs" on the ONP. Hopefully, wherever it is, it does not prevent tanks being filled at Saramuro or throughput to the intermediate station. In other words is maintenance going on west of Station #5?

(TAL/TSX has settled down with SP already recovering to 65c. I don't think much of an opportunity is going to present itself in the morning.)

https://www.jse.co.za/jse/instruments/3949

Relatively high volume day in Jhb.
Ideally buyers should have got in pre-divvy day.
And we might get another tick up before the bell.

https://www.metalsdaily.com/live-prices/pgms/

The bit we are currently interested in are sections 18 and 19 with the pad located @ S19-9N-18W. It is the old site of a redundant vertical.

I am especially interested in the NNE of section 18 - coordinates 31.747012, -89.842485 - which has gas and oil/condensate installations. There is a means of finding its production on MS county records - something I used to do regularly on OCC and in the Bakken. Alternatively the VP Eng. would have the details but writing to him every few minutes would drive him nuts.

Also as IA has pointed out the task is multi-stacked. The hydrocarbons are there but no one knows exactly what the returns will be.

Currently 171 trades on an active day.
Bid now hovering ~£1.60 which is the full ask price.
Further news within days.

Exemplary stuff from MT on both forums.
He puts meat on the bones.
JSE certainly getting a hurry up this morning.
Is Maari in the wind?

https://www.londonstockexchange.com/stock/OGZD/pjsc-gazprom/company-page

Together with Ezraz and at least six others, most down 60+%, IOG would do well to make alternative arrangements if it can. Not a good bedfellow at the moment and likely to remain so. Get busy with Shell behind scenes seems the way to go.

Are we committed to supplying everything from Dogger Bank to one outfit?

If Toronto investors can hang in for the next 2.5 hours we should get a reasonable day tomorrow.
Another 5% will do.

https://www.perupetro.com.pe/wps/wcm/connect/corporativo/7318e1ef-aaa2-4c91-8313-7d2090cba5fa/Producci%C3%B3n+l%C3%ADquidos.pdf?MOD=AJPERES&liquidos

Average daily tally for Feb = 21,121 bopd
~ 30% + on Jan '22.

https://www.jse.co.za/jse/instruments/3949

Strengthening in Jhb at a point when it could be expected to retrace a cent or two.
Good for the arbitrage.

Yes, I saw it in the Telegraph first thing. Must note, however, that I come here for news as a few of you know more about what's going on . . ..

@ Mon 07:38
Sotolo, I noted your THS entry. Combining it with related post, I had a rethink over the weekend, leading to heavy take-up of PGMs. The bottom line is if Putin fails he is likely to further cripple the Russian economy.

https://money.tmx.com/en/quote/TAL/trade-history

Good finish in Toronto.
Brent $105.73 (high point = $107.57).
Should be a fair wind tomorrow.

https://www.perupetro.com.pe/wps/wcm/connect/corporativo/7318e1ef-aaa2-4c91-8313-7d2090cba5fa/Producci%C3%B3n+l%C3%ADquidos.pdf?MOD=AJPERES&liquidos

https://www.bloombergquint.com/markets/russia-s-palladium-exports-face-disruption-from-flight-bans

Speculation is unlikely to help anyone. And the company's thoughts on near-term estimates would be useful. As matters stand constraints on Russian marketability look serious. Effects on their economy might be far-reaching and ruinous.

I got a bit carried away with my fourth and last add-on this morning @ £1.62 but am likely to remain a LTH.

https://www.metalsdaily.com/live-prices/pgms/

Good volume on the JSE:
https://www.jse.co.za/jse/instruments/3949

Owing to inadequate knowledge I continue to absorb what everyone has to say, especially the long-termers who have followed company fortunes over several years. It would seem a few of you are over-weight in the stock. Being perhaps of a more nervous disposition my overriding thought is: Would it not have been prudent to spread risk in the North Sea gas sector?

With opinion divided there is no guaranteed outcome. If anything there are misgivings on competence and leadership.

Otherwise I remain fairly satisfied with a relatively small holding that was added to twice.

Very impressed with company procedure and PR. Equally Ilja must be commended.
https://twitter.com/tharisa_sa

Although out of the loop on current BEE - and mostly dismayed by ANC introduction of the legislation - Tharisa's management of it has been masterly.

@ 08:12 - RTN, certainly noted. Ideally, I should have more and THS is going to continue edging up. In something of a quandary as 8 other stocks are performing likewise . . . and I have been wanting to get into HMI for a week.

Absolutely blown away by Ukraine events which remind me of Budapest acquaintances in London (1960) and Czech similarities (1968). With international steps being taken the consequences for Russian PGMs are likely to be immense and enduring.

Johannesburg doing okay this morning. See quarterly chart -
https://www.jse.co.za/jse/instruments/3949

Hoogveld, gelukwens.
Have you any plans to take a drive through Mbeya and Singida to see how things are progressing?
And a detour to Ikolomani to visit the local sangoma, who can cast the bones, will be a help.
(Nice ride but heavy rain still present in Mbeya. Dry in Kakamega/Kisumu next month.)

For >30 years my views for good reason on Zam and Zim have been negative. With authorities in Lusaka and Harare at last showing some nous perceptions are altered.

Other than digging in with the copper belt there is no justification in going o/t on ARCM. Have concluded, however, the Great Dyke/Ngezi will be a real bonus for THS, possibly doubling the SP within 12 months. Much will depend on the treatment of Russian sanctions which are unlikely be powder-puff.

I plan to add next week by top slicing elsewhere.