Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Indeed it is and drilling an appraisal well with a free càrry which makes it even more bizarre. AIM is a casino as we all know but it is possible to make good returns but one needs a heck of a lot of patience and be prepared to go many months with minimal information and to endure people who want to save you from yourself. So if you are still here you can deal with these brickbats and one day we may even make some money here!
one would imagine if the drill is approx 100 days then things should hot up a wee bit during August. Here's hoping
I suppose no news is good news. We are 60 days into the drill tomorrow and providing they have carried out DWL on the shallow prospect, we can only assume they will DST on both wells will be done on the completion of the drilling on the Inter-Isonga.
They should already know what they have got in the upper prospect (If Anything) unless there has been a re-spud or a delay of some description.
Like many others, I've been invested in BOW for longer than I care to mention so another month or so won't do any harm. GLA.
is stupid not helping trades at all
" Drilling and logging of IM-6 expected to take 100 days from first spud ( 21 May)" so that takes us to end of August. Now, some traders may have been selling which is of course their prerogative with a view to coming back in here during August in case other news drops in the meantime. I prefer to hold tight as big gains will come from big news and therefore not worth making a few % here and there with a chance of missing out on major gains if the results are as we hope they will be.
to be zero interest in this; volumes are again rubbish and cannot break through 40 p
Thought this would have been completed by now!!!
https://www.share. prophets.com/views/37162/bowleven-tip-update
Sorry, I have no access to the full article.
With luck could get rns for the first drill very soon.
good to see the bid at 40p too...............and that spread is still a bit wide at half a penny but an improvement on the 1p+ spread we have been seeing quite a lot of late
45p will be the next hurdle.....................we can thank that dodgy placing KH did few years back for that resistance
next leg up should be 65p
breached again , lets hold above now
It will be very difficult to prevent any leaks, the Rig is very close to the main shipping lanes and we have offshore vessels making daily visits to the rig.
You would probably be able to see any flaring that takes place from the shore.
I suspect the first indication we will get will be an increase in volume one or the other.
A lot of large shareholders have been very fortunate to have been able to purchase large quantities of BLVN at low Thirties.. when they decide to move it they will.. no news is good news, the longer drill goes on the better..
We know it will move very quickly when news breaks.. small float and tightly held with institutions..
how knows but volume is chris reas brother; dia
Could it be everyone interested now has there positions and waiting on results, unusually but probably of a result of new age doing the drilling there doesnt seem to have been any leaked info so far.
There is some unrest at the moment politically and socially in Cameroon with elections due fairly soon? Is this playing a part?
Is it possible with New Age being the operator that we wont get any news until its complete? It maybe a case we get a token drilling is complete we will report results soon and moving onto next well RNS??
Crown will not accept any offer which does not allow them a good payday having endured difficult times over the past couple of years so I have few concerns about selling at an undervalue. I agree that it appears that the price is being held at this level but until we receive news which confirms what we have been sitting on for some considerable time this will continue to stick here as holders will be reluctant to sell at this late stage and the buyers are all in apart from the traders of course who will appear on news seeking their 10%. Keep an eye on volume as news will leak out ahead of a formal announcement given the location and the fact that there are many who have fingers in this pie so keeping the lid on will be virtually impossible IMO.
ABLE
Agree, the predator having read the For Sale sign will want to keep SP as low as possible so as to make the offer look as attractive as possible. What we need is a set of good results with high volume to take it to the next stage.
The way the share price is acting makes me think that the prospect of a takeover is real due to the careful manipulation of the share price in so much as who ever is buying the shares are careful not to let the price rise above 40p. I have seen this type of action before resulting eventually in a takeover. I am just in for the ride and I consider that it would be extremely difficult for me to lose now excluding a total market collapse.
Worth a look.
http://www.cnbc.com/2018/07/06/big-oil-sowing-the-seeds-for-crude-prices-above-150-bernstein-warns.html
8 trades less than 60k trades in a day. God this is painful.
An old message based around completely different oil and gas prices. Also different circumstances and acquisition model. But $12 (Canadian) per share based on a takeover of a 1tcf reserve base would sit very nicely thank you! Living in expectant hope 😀😀
by the trades not many :(( like watching paint dry
50 Days into the drill on Monday, who would want to be out of this over the weekend. (Sorry Guys)
Not going to attract buyers or sellers with this spread...seems strange