Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Must be that their crowd funding was struggling with 5 days to go so they are trying to hoodwink people to pledge into thinking 91 days isn't so much of a lost cause
Permission to appeal filed on 19/11/23.
"We expect to hear their decision in 3 to 4 months’ time".
"New evidence is not allowed in this type of appeal. Rather, the appeal is an evaluation of the legal conclusions of the judge".
https://frackfreebalcombe.org.uk/latest-news/our-appeal-has-been-filed/
Ive no idea Welks, weird though!
Barney
Don't know what's happening but this morning it said 5 days now says 91 days to go on the crowdjustice link. Has summet changed
It’s always the way :-)
They can’t give the stock away at 0.4p.
But at 1p it’ll NT NT NT to buy . . . . .
10% rise and still very little intrest.
Https://www.crowdjustice.com/case/stop-balcombe-oil/
Looks like they got to raise £3k in 5 days. Don't see that happening. So this appeal will not happen anyway!
Hopefully many lessons were learned with the issues from the last drill and it can be completed much faster and on time so we can start extracting oil quicker .
DOING the work-over, NOT "going"
Re Brockham, they plan to be going the work-over in May with production anticipated in late May/early June.
From the RNS 4th April
"At the Brockham Oil Field, site work has commenced in preparation for rig arrival early in Q2 to reinstate production from the Brockham 2Y well. "
If "early in Q2" translates to April then only 7 days until some news.
Thanks Mirasol
01-Apr-24 0.1925
02-Apr-24 0.1929
03-Apr-24 0.1910
04-Apr-24 0.1928
05-Apr-24 0.2034
06-Apr-24 0.2018
07-Apr-24 0.1934
08-Apr-24 0.1774
09-Apr-24 0.1701
10-Apr-24 0.1960
11-Apr-24 0.2021
12-Apr-24 0.2036
13-Apr-24 0.1993
14-Apr-24 0.1983
15-Apr-24 0.1899
16-Apr-24 0.1832
17-Apr-24 0.1869
18-Apr-24 0.2006
19-Apr-24 0.1975
It is commonly known as convenient, selective memory !!
Your almost right Sureylad, it was during the drill I said 4.5p, UNTIL they went on to swamp it with placing shares and payday debt, and fall short by only getting the horizontal well to about 35% of the planned length. THUS why I sold at 1.6p and stated exactly why !!!
Anyway, it is what it is, maybe 1p one day if they can reign it in and do something that actually does not get undermined and delivers retail upside.... Still monitoring for that possible event but not holding my breath.
Acknowledgements to Bloomberg.
Last week's Saltfleetby output figures anyone ?
5 yrs ? …… I’ll wait…… P2/BP said 4.5p a year ago ….
Brightest future for us is CCS once we've emptied our field.
Long way off.
Why exactly do you think Balcombe is going to be a good thing Barney? It’s just another expensive they can’t afford at present. The first part of the 2 stage testing program is 100% at Angus expense (at least 750k) and in the unlikely event that the fairly tale Kimmeridge play actually delivers (see mr Herbert’s less than optimistic comments regarding Balcombe) They move onto stage 2. In all likelihood this will also be at Angus expense at a cost of £3 million for site upgrades. See the planning permission documentation for details on cost, as the deal that Cuadrilla states they need to prove commercial quantities of oil before Quadrilla start paying their 75%.
And I hope you do realise that this is just the testing phase and the NSTA will place limits on production as they did at Brockham! It will actually cost money for the duration of the test not make them any money. Then if it was to prove successful they have to go back and start the whole planning process again and apply for a production license from the county council. No hope of them approving that as they voted unanimously to reject the test phase. 5 years away at least before Balcombe could show any sign of making money…..and that scenario is a very faint possibility.
Boom :) just need Balcombe to land anytime in the next few days and it will pop up i hope! Just need it to stay up lol
L2 5v1 now Barney. Only take a couple more buys to see bid and offer tick up.
Love these messages One to many! :)
Looking very strong
Now now HITS, it is written in the tea leaves