Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Tel
Yes you are right for sure mon ami for the nth definitive but frankly I’m a bit too tired to go that far at the mom.
Bryn is right so many variables and we are all potentially about to disappear up our own boreholes.
ATB mate,
X
Ik I don’t think confirmation of reserve other than depth by mid June. Width/area/volume would need multiple drills imo but dyor
whistler "Two more points we should never listen to advice but never deny an opinion."
The issue on boards is that too much opinion is given as advice ;@)
I certainly do not wish to put a dampener on people's dreams - I too have a dream, though I am not one to shout out about my aspirations.
I have in the past mentioned a previous venture into an oil company some years ago which was DGO which I bought as a tiddler at 3pps. Consolidation followed at 25:1 leaving me with 1547 shares back around the turn of the century. By then the 3pps was 75pps with consolidation and it went up to over £1.25ps. Whoopee was not my expression especially as it tanked to under 10pps and with only 1547 and only paper certificates at the time I put them away and forgot about them.
Roll on to 2010 and I looked at them out of curiosity - they were rising above £1 per share again. I looked again and they kept rising - I checked them out online (as the web was readily available by then) their drilling operations in Turkmenistan which was an old Shell field seemed to be producing. Then they reached over £4 per share and I thought 300% is not too bad so I sold around £4.50 - they of course were later went to £8 per share when the company bought all the shares back.
The numbers for DGO in terms of oil was nothing anywhere near the estimates within our licence areas.
BUT
We have yet to place the drill bit never mind find oil - BWTFDIK - Keep dreaming though opinions remain opinions Fact remains Fact.
Sweet dreams all - Yes I do want another DGO &;@)
IK.
I have had a full bottle and I agree with you twice.
Bryn.
Thou art truly our protector and we thank you for that.
However we were asked a question and it can only be answered by subjective response.
I guarantee that I could be miles out on my prophecy.
However I have number crunched the correlation between COS/BOO/POO + Moyles evaluation + market cap + speculator overexhuberance (by the market, not me.)
I tell you what - you know your fantasy league of stocks? Record my prognostications and we shall see.
P.S. I’ve had 1/2 bottle of wine now! Hic!
Cheers mate.
XXX
Maybe Bryn but we like to chase the hare and we love to dream.
Somebody mentioned earlier that it is easier to except a dud than to live the hope.We live the hope for months/years and the adrenalin/hype is like a drug.
A dud lasts for days even though the effects last a life time.
Investors here are are living the dream and we should not deny anyone that.
Two more points we should never listen to advice but never deny an opinion.
Hahaha. Yes good thinking :-)
...too much of a case of guesswork to be honest.
Some years ago we all wanted an 87p party - we dreamed and we did not make it. Since then there has been a considerable dilution, however, nobody can say with any certainty what price this will be tomorrow never mind within a year.
Best thing to do is look at companies who were in a similar position with regards drilling an oil well (without the potential multi-billions of barrels of oil) on their own. Look at their charts and see where they were a year before they hit/found oil.
That of course will just give you an idea and nothing is at all certain. We have yet to get a drill bit near the seabed never mind drilling a hole. There may be a better answer by June - but for now it is a case of take or leave your position. The SP may fall or rise on the approach to drill being in place - it will go mental when we know the drill is near to drilling. It is all very much a win or lose situation. Take proper financial advice and not from a faceless poster or at your own risk don't.
There is some great information being posted but take that advice and research it to clarify what is fact and what is opinion/someone else's take on the wording.
Sit back and relax until we know what is under the sea bed - oil/water!!!
Tex
Just move the decimal point for wifely purposes!
Enjoy your hols.
GL.
My god! I was hoping we would get to 10p :-)
Looks like I need to reset my expectations slightly.
If all of that happens by the time I am back from hols and you are 50% correct I will be in a very nice place.
Happy days, but I think I will hold off updating Mrs Tex at this stage. Still early days :-)
Wow.....shall stick...always thought maybe one day 87p
Many thanks
Rich
Broad brush:-
RNSs confirming drill definitely going ahead and BPC solo = 7p min.
Drill in ground and turning = rise through 10p to 20p.
Farmin announced = 25p.
Oil find pre reserve analysis = 40p
Confirmation of reserves in line with hopeful expectations = 70p+
Timeline for all of the above is completion by mid June.
Confirmation of high end of expectations I.e. a billion + = £ signs.
All IMHO.
35%
Hi ....what’s the chances of this reaching 70p within a year or so
Regards
Fatal by all means.
Just remember “Thunper’s” mum’s philosophy..........
GL mon ami.
X
I think a spell in the naughty corner would not go amiss.
10 Hail Mary's and 2 Our Father's and abstain from alcohol for a week, say an act of contrition, and learn the first half of the Catechism (CCC) and once you are done flail yourself with birch twigs and we will hear no more of it. AMDG (and that is not one of your sporty mercs)
Let us all go forth and prosper. ;@)
I have been to the doctor and she has kindly doubled my medication.
Can I come back onto the board please?