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Why I'm happy to remain invested in Afentra despite some questions over its largest shareholders

From some of the comments I saw on social media, many seemed to be surprised that Tom Winnifrith covered Afentra (AET) here in a negative way last week, given that it’s a company that I’m invested in and have covered on this site several times, including as one of my buy tips for 2023.

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I'm not surprised to see Canadian Overseas in deep financial trouble after my warnings, but I don't think its game over

I’ve been warning for a while now that Canadian Overseas Petroleum (COPL) could find itself in financial trouble due to the large amount of debt that it is carrying.

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Deltic is a big gamble on well testing outcome - but I can see why some are taking the risk due to the upside if successful

Deltic Energy (DELT) is now at a juncture where the next couple of weeks will either see it become a huge success, or like so many in the oil and gas sector before it, will become just another story of ‘what could have been’ had it had more luck with the drill bit.

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Even if somehow Mode Global survives as a company, it looks like it is game over for current equity holders

A week ago I wrote about the latest update from Mode Global Holdings (MODE), stating that it was unable to secure any new funding, and I concluded that this likely meant a wipe-out for equity holders and that you should avoid it all costs. Some have tried to pump it, saying it was actually worth multiples of the 1.25p that it crashed to and that I was wrong and the EMI licence that it holds, and which basically enables its app to offer the financial services that it does, is actually worth a fortune and buyers would be queuing up for it.

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My bearish view on Mode has proven to be correct as it can't secure further funding and the share price collapses again!

Writing bear pieces about any share tends not to make you very popular with people who are invested in that company, to the extent that some feel the need to engage in personal abuse, or even threats, so it is always nice to see your opinion ( and in this case, that of TW too) vindicated!

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EXPOSE: Whilst the structure of Eqtec related parties looks a concern, it is the business itself that would make me avoid it

A ShareProphets reader has asked me to take a look at Eqtec (EQT), which I’m happy to do as I’ve never exactly been a fan of the company, going back to 2019 when I last covered it.

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The Serica acquisition of Tailwind looks like terrible value for existing shareholders if it goes through

I’ve always been a big supporter of Serica Energy (SQZ) since first covering it on this site as a buy at around 5p some years back, and since then it has done rather well, but I’m really struggling to get behind the acquisition deal that it recently announced whilst I was off on my travels.

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Asiamet Resources has been a terrible investment for me so far, but I'm still hopeful that it could reach production in the end

Whilst I’ve been away fishing in the jungle for the past month, I notice that Asiamet Resources (ARS) has issued a couple of RNSs, including a new Memorandum of Understanding that it hopes will help move its BKM project towards the production stage.

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The outlook for the mining sector in 2023

The mining sector in general has experienced high levels of volatility over the past couple of years, even more so than normal, and that looks likely to continue into 2023 as well.

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The 2023 outlook for oil: it is bullish

Tom has asked me to give my thoughts on oil for the coming year, and whilst I am still bullish on it, things certainly aren’t very clear at the moment with so many different factors in play. It is a curate’s egg. Or maybe rather better than that.