Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Celtic, It is this lopsided BS that annoys people to the back teeth. The price of oil is down from c. $66.38 (27th March) to $63.05 today, so the price has dropped around 5% in a week but you post a rise of less than 1% because it paints a rosey picture. You will never learn it seems. KRO
So oil is on the move up again it seems: WTI $63.51 +0.50 +0.79% 2018.04.03 end-of-day Brent Crude Oil $68.12 +0.48 +0.70% One year forecast now $73 a barrel
PS yes the trolls are clowns. Not sure their game if I'm honest, just hope an SP rise sees them move on to fishing or painting or something as a new holiday. KRO
Bickers, from memory I believe Touchstone (possibly Trinity) a while ago posted their projections and most SPT actually made them worse off in terms of profit at $50 than $60. That said, I think it starts to swing back to them at higher levels. Not 100% crystal clear and not got the docs to hand. But like you said the BOPD is the big point here. This shows where we are going. And should have the biggest impact on profitability. Fingers crossed. KRO
Look at the size of that buy 4million plus . Probably Malcy l now there�s confidence. Gla
Bickers, one point that is important when you consider the rise in POO. The Supplementary Petroleum Tax effectively wipes out any gains in WTI between $50 and $60 so although WTI is up around $12-13, the actual benefit to Range is a very small amount, if any. There was a discussion as to whether this tax could be offset due to some bits and pieces. I forget the exact nature of the same at the moment, but my posting history should be able to clarify the discussion I was having with someone (sorry can�t remember who) a couple of months ago. Fortunately I don�t spam out short posts to clog up the board very often so sould/could be easy to locate. That said, we are in a better position than 6 months ago when we were suspended but we are at a criminally low SP imo. Let�s hope the quarterlies support the bullishness gradually returning to Range and we see a quick correction to the levels I would like to see us at. KRO Bounty.
I agree bickers, the sp is not yet reflecting the improvements the company is making nor is it reflecting the rise in the price of oil. The retrace at the end of last week in the POO had more to do with easingnof tensions between the US and China on a possible trade war. Even with that pull back the forecast for WTI is still $72 and I suspect that will rise again shortly.
All in all, oil bulls say the fundamentals, at this point, justify the strong gains in oil prices. “Pretty much all of the fundamental boxes are supportive of the current rally and a bit more,” said Paul Horsnell, head of commodities research at Standard Chartered Plc in London, according to Bloomberg. https://oilprice.com/Energy/Oil-Prices/Can-The-Oil-Price-Rally-Continue.html
Dow getting battered. Oil heavily down. Red day tomorrow seems nailed on
https://oilprice.com/Energy/Crude-Oil/An-Oil-Price-Rally-Is-Likely.html
"The price of oil fluctuated a bit this week but closed up " Closed up but has started the week down
The good news just keeps building for Range it seems, looking forward to the quarterlies ‏ Range's rig 19 undertaking oilfield operations for Shell in Trinidad https://twitter.com/resources_range
The price of oil fluctuated a bit this week but closed up with: WTI @ $64.94 +0.56 +0.86% and Brent Crude Oil @ $70.27 +0.74 +1.05% WTI one year forecast still $74 a barrel
For one moment yesterday it looked like it was going to fly. I thought I was surely going to soil my pants but it’s bubbling away about to burst. Most of us know we should be sitting at .5/1p now
0.235 paid :)
It is Rob. Their avowed tactic is then to report to admin as frequently as possible in order to get them removed. But I am sure that in every other way they lead happy and fulfilling lives.
Its sad to see people trolling on here when they have no investment on RRL
Financial Surely Improving and SP rising. Good look LTH's
Oma, I'm not invested. I got out in 2016 after losing plenty on Range. However, I moved on and made a lot of it back now. I just hate to see good people, still invested, wound up by others that lost fortunes on Range, deny it, cant move on and have nothing better to do. Hoping the quarterlies see you disappear as things improve for the long term holders.
Thanks Petebo, enjoy your Easter break. Perhaps take the time in your break to ponder the great facts and opinion that has been posted, and reflect on why you are actually invested here. For example are you suffering from acute Loss Aversion.
So many words to say nothing Oma Another fact is, if it improves they will not run out of cash Lets chat after the quarterlies, I have a life.
Surely, where are the facts to back up the statement, who are you comparing us to? Do they have our reserves or one of the most modern drilling fleets in the Caribbean? Without those facts it is just opinion.
Thanks Surely, met Phil, Celtic and a few others before but not Mickdee or Athena.. Shame your underhand tactics got Mickdee, a long term holder banned. You could join your mate RainbOma in his trailer in Spain for a beer. There's great access from the motorway. Got any facts to deny Ranges financials are improving yet, youve had plenty of time to think
Petebo/Erratic, Enjoy your night out and your drink. Please say hello to MickDee and Athena71 if you see them. Or obviously just to Mick if they are the same person.
Oma, you say, ' '8.5m loss seems quite a good fact backed up with figures for starters ...' That in itself is very selective.You failed to mention that due to increasing revenues and reducing cost that the loss is 77% decrease from the previous years. If these improvements continue you will have to troll elsewhere. Surely Not, Indonesia is a very small part of Range, not at all surprised you fail miserably to put together some figures to back up your negative posts for Trinidad and the whole of RRL