Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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With thursday being this weeks friday we could get a rns tommorow ! Lets pray for good news, jesus rose from the dead, lets hope max can too :)
True simmo2345, but that is the risk we are prepared to take. If it pops that is the nature of the Game ( Unregulated AIM). At the same time lets not sound like we are doomed as well. Anything can happen. High risk high returns. I am sure we all hope for the best. Fingers crossed. GLA and Stay blessed.
When max is reinstated to aim.we should use sinopec to drill nur1 they have just done the drill through salt layer for roxi at a fixed cost 11 million no proplem's
I wonder if we get an unbelievable rns today... april fools?
Of course it is. The future and success of Max has always been in pre-salt. It's a bit like British bands trying to crack America. Max needs to crack pre-salt. the whole world knows this.
I mean nur-1 is circa 85% done... Surely worth finishing!
**play type
Another milestone AGR could help max extend the liscence for nur-1 acerage If emba b is a success max has said it would open up a plan type along the arch and this the chance of success of the next deeps jumps to circa 70% ... A lot of hurdles to cross before then, but certainly on the cards if AGR want to have a go!
Agree...max should farm out nur-1 and let someone take a 60/40 split as operator. Share/reduce the risk on max, But we still get 40% of a billion barrels if successful!!
I couldn't agree more. One thing they must do is get the right drilling company in to complete NUR 1. One with experience of the geology and salt strata that they are dealing with. Also the contract should be written that the driller shares the risk. If the drill fails, Max doesn't foot the whole bill. If the drill is successful, the driller gets X% of the projected profits for X years.
Hard to argue against max rising in the same way once we are restored, as max had a offer of 1.64p on the table, with the same debt and bopd in december as we have today (minus the small zm reduction) Essentially we are the same business we was at the 1.64p offer, but if this goes through we will have AGR funding, and a improved debt repayment with the bank, so one could argue that once signed we are in fact worth more than the 1.64p we was trading at in dec 2014.... Add into the mix a new strategy from agr perhaps getting nur-1 finished and we could be actually worth 4-5p ... We just need to get this deal over the line and i beleive max will be a comeback play, a 20 bagger from todays levels should the deal be successful . Gla not long now - still very dodgy here, but thats the risk v reward you take if you hunt the potential 20 baggers . Deal goes through ... Give oil prices 18 months recover and max will be an exciting play.
What is happening to DAN today is exactly what will happen to MXP when trading is restored.. Infact it will be times 2. Fingers crossed. GLA
I meant £1 for the whole company not per share. :P
Not surprised mate.....£1 is quite overpriced given we are at 0.16 :)
Your a right sour grape. I thought you sold
I think I saw MXP for sale on eBay, buy now for £1 no reserve. No takers though, still a con even at that price :p
If it's not tomorrow... let's leave Wednesday completely out the equation (definitely don't want it then!)... so Thursday evening (all sorted for the following week) would be most pleasing? :) GLA
Tempting fate fingers crossed your right m8...
Looking less likely as time goes on i think
Hope this is all dusted off before the Bank holiday, i think my head will explode if i have to wait much longer, ****ed up on tower this week, i was 2/3rds up but got greedy and didnt sell, oh well,
Hopefully will rear its head in the new tax year with agr fully supporting...
For better or worse ,let's hope it's the latter ,you could say we are In Early
Top it up COGGY ,fine red wine is good for contemplating over share price issues .not long now ,I think if it was bad it would have hit by now ......the longer the news takes the bigger it could return ....GLA
It could all be over in 32 hours time? Then again, glass half full, it could be a new beginning! :)
When I said I only have a few left that is company's that I am invested in .enjoy the weekend and let's see what next week brings hahahahhahhhahh sorry multiple laugh