Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Worst case scenario, I'll expect a RNS after CoB today, but if it's Monday morning could be a different story.
NoEasy - I agree. I seemed to forget the fact that whilst LP had talked about other irons in the fire, it was effectively a binary play!
@Muscles12 The day before the 12m RNS you were using the term 'bedwetters' to describe those who were topslicing/derisking/taking profits.
It’s worth the risk at this price
'I've reviewed everything i did with my investment and time here and i must say i would do exactly the same again.'
Likewise Jezza, with one small but important adjustment for me. I don't think I properly took into account there was no other projects currently on their (ADV's) books so nothing to support us in the event of a failure. CVN did have other projects ongoing and got a fairly minor hit as a result. One for the notebook alongside state-of-the-art seismics and CPR's.
bottom feeder s c u m
you have no shame , you would rather rope other people into this bag of crap for your own benefit
Just 3 sells in the last 40 mins.
ironvelt is 100% ....shut up and stop lying and trying to defraud people out of their hard-earned money.
its impossible they are 100% up as its currently flirting with its all time low
they had skin in the game but peterkins salary alone is 30k a month
the total boards salary is 400k a year, they still owe cvn about 3 mill aussie dollars, they probably have enough enough money for 1 years wages then its shell value. thats 0.5 mill
do the math, do not listen to idiots
cvn have walked away
its over
I wouldn't say this to anyone in general, but scum like you muscles12 deserve to lose your cash, u might be gutted, but that's the best bit of news I've heard here today. The quicker scum like you lose all your cash, the quicker you'll be gone from here and getting back to your job in lidl lol
@amin.. Thanks mate ive been kicked in the teeth a few times on AIM over the years and invest a bit more cautiously these days. This BB as been one of the best ive ever been on with some excellent posters so not only gutted for myself also gutted for others who have lost money. Just hoping they can turn it around for everyone still down here.
My dry January ends tonight :-)
The chairman and ceo have subscribed for £0.43 million of shares pursuant to placing.. Loads of skin in the game..
Adv paying up to 100% of b-10 appraisal well at $20m plus securing funding for 100% capx to 1st oil..
Knowing Leslie he's probably got his flippers and snorkeling gear on and is looking for this oil as we speak.
8 wells were successful of the elang reservoir..
@jezz...good luck pal, i lost well into 6 figures.
time to get up and move on
I hope you and your family are well
sellers running on fumes now.
@amin yes mate. I will wait til see how the land lies before i get back in.
I didnt post on the day cos it become a troll fest..
Ive reviewed everything i did with my investment and time here and i must say i would do exactly the same again.
Absolutely gutted it didnt work out for us all..
@jezz...did you bail?
Well I got hammered on the SP on Tue like many others.
What prompted me to rebuy 100k (shares not ££) is we have to accept there are no ii buyers: but 2 billion shares have changed hands.
Now maybe this is tinfoil hat but is there a possibility of a gambit at play? Company insiders knowing the SP will tank, 3rd party buys happening, then a 'its not as bad as we thought' RNS dropping and there's a rubber band rebound?
I'm not saying there's anything dodgy in that ; it was ADVs prerogative to be as vague or explicit In the 1st RNS as they wanted.
They're understandably gutted there's no golden goose, but playing the medium term game buys them time.
As we know from politics when you're explaining your losing so no immediate follow-up RNS isn't unexpected.
Any positive news WILL result in a bounce back in SP.
In the first 36 hours it was only cowless village idiots with 3 magic beans that would really have been buying this.
So applying the wisdom of crowds theory there have to be a lot of ppl who suspect there's something semi positive coming to shift 2 billion in as short a time.
Then again, I don't have a cow so I could be part of the 'bigger fool' brigade... Again :/
Does ADV own any equity in Carnarvon company as a whole or was it only in 50% of the buffalo project?
Clearly if ADV holds equity in Carnarvon this has value, but even if only in the project it would be interesting what the terms of the farm in contract are. Surely Carnarvon cannot simply walk away.
Australian-listed Carnarvon Energy (ASX:CVN) is excited by its projects in the Bedout basin offshore Western Australia following a disappointing drilling result at the Buffalo field offshore East Timor.
Referring to the recently drilled Buffalo-10 well in East Timor, Adrian Cook, managing director of Carnarvon Energy, told Energy Voice that although the campaign result was not what they had hoped for the company is now ready to turn its attention to their immediate projects in the Bedout basin.
Think Align are buying more in the lows here, as they were after more than 15M yesterday but broker could only fill 15M. Someones buying in 500K/1M clumps in the 61 range. MM's will keep it here until order is filled.
yeah i used to fall for that when i first started sold at a loss because of the deramps and panic sold then watched it multibag on many many ocasions
Worth noting to all newish investors.. No one comes on these messaging boards to tell you the price is going down or going bust unless they want it to for personal gain!
weird post
Leslie Peterkin, CEO at Advance Energy took the opportunity to give an operational update on progress at the East Timor Buffalo Field spud to London South East investors. He was disappointed to tell our Natural Resources audience the rig has been slightly delayed and is still with Jadestone, but happy that it will happen and that it will go well and will almost certainly be commercial when the well is actually drilled. 'Technically it is as good as you get' said Leslie.
Advance Energy was created by an experienced team of oil and gas specialists in February 2020. The first acquisition for Advance is a 50% farm-in for the B10 well on the Buffalo Field on Timor-Leste, an island close to Indonesia and off the North West coast of of Australia. Advance raised £22M pounds for the buy-in in April. This shallow water drill is in a previously producing field and has the potential to produce 40,000 bopd, 50% of which goes to #ADV.
Leslie Peterkin the CEO joined us live from Geneva on the evening of 16 November to update us on the latest news from Buffalo.
at this price can not go much wrong now!!
6mil mcap?? with 2-3mil cash in bank!!
and a well which could start generating some revenues??!!!