Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Thanks for this post.
I was asking earlier for guidance on the possible future sp should the drill be successful.
At that time I received what I perceived as deramped responses with the exception of a few.
I decided to move on and sold up, with out going into a substantial investment.
Having read this report I now see why I may have witnessed so many negative posts.
As always with this type of investment it could obviously still multi bag.
All the best
Although predictions are often intersecting offerman I don’t believe there is much purpose to them at this stage of proceedings. Just keep positive and don’t let the numb ?? get to you. Just filter all of them. This is the only forum I have applied the filter. All good things come to those who follow their instincts and stay positive pal.
They are clutching at any straw presently -
If Stena had any suspicion they would not be paid would they have sent their best vessel to commence drilling?
Whilst the financials are open to the public from the date they are published - the current finances do not yet to be made public, so these opponents will jump on anything.
Are Stena still at the site of P1? Are HOS Clearview and Blackfoot moored in port?
Did we already have a 5hitload of consumables sat in a warehouse - already paid for.
Please - by all means have your doubts everyone, however, try not to focus on one news item at a time - ensure you look behind the headline and then float/glide on the surface like a swan and not get our knickers in a twist - well not just yet. ;@)
I do see the various news articles online - the majority have no comments to them - similarly with all the Facebook accounts and posts by the opponents - plenty of posts - NOT MUCH SUPPORT. Even the QC receives little positive comment on his own account.
Stay safe all - think I will fashion myself some more tinfoil hats as these articles appear to be coming thicker and faster. ;@)
http://www.tribune242.com/news/2021/jan/13/oil-opponents-seize-bpc-financial-file/?news
I think this could be why BPC have taken this poor funding route to continue the drill
There seems to be a distinct lack of interest in Joe Darville's attempt to raise money from the poor. At time of posting, he has raised $30. Trump raised £250 million from his dumb followers, so Bahamians are clearly far more sensible, for they realise their big chance of improving the future lies in a successful drilling program.
Why aren't Joe's rich bay living pals contributing? Perhaps they know it will be a waste of time and money and they didn't get stinking rich by frittering it away on hopeless causes. Oh no, they reckon the poor can pay for it. Sadly for them, the poor have no intention of paying for Joe's narcissistic delusions.
This shouldn't be called 'Save the Bays' - it should be renamed 'Save Joe's Ar*e' as he eventually has to sell his house to pay off BPC's whopping legal expenses.
Results are most likely to give net pay, API and possibly a 24h flow test, but this drill will not definitively provide a 2P.
DO you think it will have big influence on share price?
Mine is :
200mbo 6-8p
700mbo 8-15p
1.4 Bbo 15-22p
Hope I’m wrong and it’s higher than this .
Just been let down so many times on expectations from previous companies inc recent CERP BPC too
Best to expect less In my case .
I’d still be content with these SPs anything is better than where we have been for a long time .
ATB all.
They raised $10 in 4 days, heck that is more than BPC
Statement and Update from Protect Clifton Bay's Chairman, Joe Darville
I hope that you have had time to rest, relax and enjoy the Christmas season. I had some memorable moments with my family and close friends. However, my staff and I were also actively involved with our legal team as we prepared to present our case to the Supreme Court of the Bahamas on the reasons why a strong and mighty coalition like ours believes that offshore oil drilling should not be allowed in Bahamian waters.
Believe me, it was all worth it! The court agreed and now we will soon be able to present our case at trial! This is where is gets tougher for us as we must press forward, and that can definitely get easier with small and meaningful donations from many of you!
We were successful in our application to the Supreme Court of the Bahamas to begin Judicial Review proceedings against the Minister of the Environment and relevant government agencies to determine whether they followed the rule of law when issuing certain licenses and permits to Bahamas Petroleum Company. The legal proceedings are pivotal – as we should now have an opportunity to request relevant agreements that have not been made available to the public.
Your financial support will mean so much to the people of the Bahamas who are relying on the court to speak on their behalf.
What’s heartbreaking is that although over 120,000 Bahamians are employed with tourism or marine related businesses, the voices of these Bahamians are being ignored because greedy, manipulative investors are threatening their livelihoods as they continue to drill into our seafloor.
Together, we must use all avenues to put a stop to the dirty and dangerous oil industry.
Right now, our legal case is so important to our fight and it must be able to continue. Your gift will help to see that it does. At this moment, I cannot express how deeply we are relying on the victory from this.
Respectfully,
Joseph Darville
Chairman, Save The Bays
P.S. Please stand with us to bring light to this very important issue that is not only of public interest in The Bahamas, but should be for the rest of the world as we transition to renewable energy sources.
https://together.bealiv.com/campaign/79/protecting-the-pristine-bahamian-waters?mc_cid=461f1b3653&mc_eid=8b1a8bb892
Irene/Star , we should all appreciate that U2 guys u done a fantastic job we could all benefit from it....
Mismis
Lol
Question
I was just going to ask you a question, just what Garry wrote a bit earlier , What’s the share price would be if we hit commercial oil 700M barrels or 1.4B barrels???
And also the downside if it’s a duster -50% -60% -70%. 1p. 0.80p. 0.50p I don’t care the downside because it will come back up in short time and you don’t need to wish me a good luck for that .
We had chance to buy yesterday and today at Ridiculously low price , now if the share price don’t go up tomorrow you can come to Gloucester all of you and Ppiiss on me .
Twinkle, twinkle shooting star
Inverted triangle wonders where you are.
Gary...
18- 24p on 770 m barrels. Going up to 26p - 32p once the court case is settled in full.
32 - 37p on 1bn barrels . Going up to 39 - 45p once the court case is settled in full.
46 -53p on 1.4bn - 1.8bn barrels. Going up to 60 -70 p once the court case is settled in full.
Is this guess or is based on the calculation roughly ??
Need to feel it in the shares never mind bones
Did they dream they would ever drill on there own?
Did they ever think in the drill close to a huge potential commercial find it would be 2p?
Are they happy with what BPC have become and where we are today?
Would love to read potters mind now....
And the ice max crews.....
Cuba, please push that oil over to the P1.!!
They defo found oil.... I’m sure they have. I feel it in my bones.
sp has been shxte to follow today but ive had a laugh on here for a change, better luck 2mora!
Yeah, but someone traded some shares today, so that must mean it's a duster.
i know for sure they've found oil, because i was talking to my donkey earlier and he said he saw simon in lidl buying boil in the bag rice !!!!! what more proof do you need?
Dont forget its not just the find of how mny barrels in this drill its also the proving that oil is in bahamas and our other licenses, this will kick start some serious news and write ups, majors will be chasong potter and potter will play the big man once again, this is a major drill and peope just dont realise how big this is.
Afternoon All!
Well good to see the SP is nearly level. Would be good to see a juicy RNS drop tomorrow and us push to 3p close of business on Friday.
Are we home and dry with the legal challenge now?
My wife texts me earlier to say "Wish you were here....". She always does that when she visits the graveyard...
18- 24p on 770 m barrels. Going up to 26p - 32p once the court case is settled in full.
32 - 37p on 1bn barrels . Going up to 39 - 45p once the court case is settled in full.
46 -53p on 1.4bn - 1.8bn barrels. Going up to 60 -70 p once the court case is settled in full.
Realistically on a find in the region of 770m what are people's expectations re share price?