Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Sold first thing and bought them all back, l love freebies, no brainer share.
Hopefully Canada start mopping up at these crazy prices.
North selling by any chance. The quicker they f... off the better we will all be.
Great interview by paul and the drill to fill.
Bring it on.
What do you reckon that ornament is behind PB? A big nosed horse by the look of it?
100% Geldautomat. If I was on the board, I'd call PB every morning and ask him: "So when are we at 200 mmcf/day @ cascadura & what have you done to accelerate the schedule".
I bet he would 1) get sick of this question but 2) make some progress.
When Lee Iacocca took over @ Chrysler, every bugger who came to him with suggestions was asked "how does this impact our net profit". Didn't take long for people to get this focus and Chrysler got out of the woods.
So... "when are we at 200 mmcf? I hope you're not telling me, there's been no progress since yesterday...."
Yes, assuming 20mmcfd from each well, there is such a clear path to increased production and profitability. 1 well drilled, another drilling. B pad being accelerated.
News on 1st Coora well and Cas 3 probably week after Easter. Success at Cas 3 then onto Cas 4 spud. Cas 2 pressure was so good it "blew the lid off the well". So expect that will produce like ST-1 well (or better). Similar at Cas 3 could give us 90+ production with just ST-1, 2 & 3. Deep takes us over 100 and then we have Cas 4 and B pad wells. If TGXP pull their finger out they could hit 200 by year end. They should start upgrading the Cas A facility now really! Expect they'll wait until Cas 4 drilled before doing so. The market doesn't understand the value here!
Cas 2 News flow will catch the Market out, keeping topping up where possible..
Such an opportunity for LTH's. This should do 200% from here between now and mid 25' based on cash flow increase alone. They may also have success with further exploration that will increase reserves and send us even higher
The bid is actually above 49p, its down less than a penny from yesterday. Still tiny volume. We should now start popping up on stock screeners so some new interest should follow in coming weeks
Cascadura 2 could be an absolute beast coming online later this year. If casca 3 is as good all I can say is wow.
The market just takes the pi.s but at some point that's got to change with such huge increases in production as we are not talking a couple of million here and there but tens of millions.
All one can say is bring it on.
Strange SP has fallen….year on year results were very good. Once Canada comes in hopefully see an up kick…..impairment is important to clean the books but does not hit Cashflow it impacts the balance sheet value and SP reflected this.
With the guidance very achievable (expect to overachieve) this is a star for 2024.
GLA
Agreed, existing production provides a nice floor for the SP, even though it is not where it should be, and there is so much potential upside, numerous reasons to be optimistic as the year progresses, and potentially good news coming very soon...
And a fantastic interview.
Nice to hear Cas2 blew them out the well with such excessive gas pressures.
Cas3 drill results should come soon then potential for Cas4 and onto B pad?
I still think 14k boepd will be conservative, I’m expecting 16k+
Txp in such a strong position,Drill to Fil
These prices are such a opertunity...
Will average 9400 boe per day across 24' with 14,000 boe per day expected by end of Q3. Amazing cash flow! We may see dividends in 25'
Proactive interview
https://www.proactiveinvestors.co.uk/companies/news/1043668/touchstone-exploration-discusses-transformational-2023-and-the-road-ahead-1043668.html
Yes Great interview
Proactive interview out, worth watching definitely. Adds more info on back of todays RNS and worth watching just for the Cas 2 comments alone!
Just the impairment john and loss per share up . slight drift but from now . However i see it will hopefully move up .AS hopefully we can move up will add my 25 percent on a drift . Have a nice day all
I think he refers to increase in impairments. Which we knew anyway.
This has been short on finance and long on ops. The finance is now sorted and we at last have an ops story.
Whilst production will be end of q3 there’s a heck of a lot of ops news due with testing two wells and imo the market has priced them as exploration and not production wells which are much lower risk.
Could see a steady climb from here now and a big jump ahead of Christmas.
Usual caveats
Trek
Can you please expand on what you mean scoredagain?
BIG impairment i knew the book was off glad i did what i did ... alligator ith will pay 13p divi in april
RNS out
Sturm, agreed to the involved such as as the FY23 is known, I suppose my thought is when people look at numbers right now they see FY23Q3 numbers and without our knowledge there was only full production in the last month of that Qtr they will likely think, sure Q3 was a jump up but likely Q4 will be similar if a little higher but we know Q4 will likely be approaching triple Q3's numbers. So I am just thinking it will strongly positively effect people looking at the companies outlook for FY24 having the first real numbers for the new situation in Q4 in the public domain, may be wrong but this is just my thoughts...