Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Hopefully soon we'll get confirmation that we're well over 2000 bopd and going up.
Deep well drill results also in October.
one missing element in all that the costs , p/e etc are usually based on the underlying
EBITA levels not Total Revenues so that $65 would have deductions in play
Revenues - lifting costs - sales costs - staff costs - misc others = ebita x p/e = valuation
based on others we should be a pretty healthy margin at this stage and unless I missed
something the loan repayments where deferred until ?, by which time the increases in
flows/revenues should comfortably offset the loan repayments and maintain a healthy
growing balance sheet moving forwards
Money flowing in , cash on the books , large but managed debt arrangement , think 90%
or the market would like any of those conditions let alone all 3 lol
:))
Yep - i stand corrected! On a lunch break and cracked out those number. Cheers.
Iron totally agree, wtf have the MMs got to do with it .. Basics tell you its the volume of shares causing the problem here surely
Okay so 1200 July, 1500 August and 2000 Sept is 4200x 65 WTI x 90 days is £20M minimum.
Oct is 2500, Nov 3200, Dec 4500 is £47M at $65 WTI at 90 days
who knows noob
had a few looks around myself and the only thing for sure is there is no end of
private companies operating around Wyoming not just the big boys like Exxon
Continental etc
Perhaps its another like Atomic that have hit hard times during the oil price
crash and fell into debts leaving them unable to raise the capital they need
step in Arty good deal for us and perhaps another windfall retirement cheque
for another owner lol
Of course he could be playing on words and the Wyoming assets he is muting are
in fact Cuda and CNOOC holdings lol
:))
Bladder how did you get to that amount? Not doubting you, just would like to know your calculations.
Worked out that we will have generated £25M in Q3 alone. This should rise to £45M in Q4.
And we're hovering around £55M MCap. Once the MMs have stopped pratting about we might start to realise our MCap potential
Also we should be hearing about a LOI on cuda by end of next week
News so far has been released into a dump of Godzilla proportions as said
wonga's stifle a share , real II investors sit back and enjoy the rise first then
reassess how much if at all they want to de-risk with future dividends in
mind
one hinders the other helps
We want to see more TR1 with names on that will make people go WOW not
**** here we go again another quick buck merchant with its own brokerage
business
:))
Too right HFB, this is how the MM’s make their money, by gradually wearing down the weak.
Hold the line we will break out eventually
Shannon miscible flooding daily, weekly , monthly, annual revenues and profits rising UFN
Cole Creek already having wells re-entered to increase production
Massive drill program planned
Deeps first pilot well declared a discovery with 6 reservoirs to play with (more reserves)
Wyoming and Arty's more talks and eying other Wyoming assets
Nigeria finally passed the PIB and the President signed off 16th July many blamed the
need to sign into law as the principle hold up to the now over 50 oml/opl licenses that
have expired and still await renewal/extensions
Nigeria potentially bigger than Copl America ShoreCan option for 30% (15% net to Copl)
for what Essar having already spent around $80m in development describe as potential
100,000- 200,000 bopd operation on the FFD of 4 discoveries on OPL-226
First one alone they have already prepared for an initial 3 x drill program to be followed up
by an 18 wells to be drilled for production with each well target of 5,000+ bopd each
The Atomic initial assets alone valued at £200m with all the above upside and here we sit
rangebound floating around mid £50m MC
reversal, correction and rerate will come
This one has tried the patience of a Saint let alone Warren Buffett's P X3
every day a day closer GLA
:))
Well so far on what seems to be positive news its done nothing but sink
That’s what makes it so exciting, we know re-rate is on the cards with the right news.
You could literally go make a cup of tea and a blockbusting RNS could land!
News due at anytime this could double or treble on the right news
predator
nothing to do with knowing something, the real financial houses and II's pulled back in the
late 90's the scum that replaced them for survival funding are not remotely investors as
called in rna messages, they are quick profits on discounted placing and warrant shares
They have their own agenda and stick to it , with not a real thought of the company do not
care if it goes up down or sideways
Art got rid of the old YA's best mate and side kick RGO the lowest of the low and replaced
with the next level up but they are still wonga lenders not investors , the hope is the Real
II's and Funds are now seriously looking at Copl now settled over many of their criteria
for investment a stable company with a MC of over £50m (which we are just about)
The upper levels will come on board and assist a companies growth and development
not hinder it with confetti dilutions, hence the plan for a large consolidation, more
attractive to those players who down the line want to see dividends of pence not fractions
We are in that transition and a market correction will come once the in for themselves
only crew depart even at todays prices the 0.26p warrants making a nice profit
we also have the unknown factor of the £4 million squids worth issued to the ex owner
of Atomic is he also selling to sail off into the sunset of his latter years rather than a
further wait for a higher return
What we do know is there has been incredible volume and heavy selling since the moment
we returned , it cannot last forever , I posted back in late July saying I expected this on
our return but even I was thinking 2 or 3 weeks to clear the decks and leave them behind
The end will come but it will at the moment take Arty and his crew to get some regular
positive news flow to shift the momentum and get our real move up in motion not a
huge all in one blurb now and again
Need some meat on the bones on a steady basis to shift and maintain a market correction
to a steady rise to real value , not a cannon fodder for the sell on news brigade and small
profit takers and traders
All investing but only one lot INVESTORS , time to reward your often expressed long supporting
shareholders and not just thank them for sticking around again and again GLA
:))
Oil is 71 + COPL are raking it in and rising
News in anytime soon, don't lose, it switch off now is the time you are most likely to make a big mistake and will cost you dearly
This just from my own experience.
Gla
Art never said they were done, he said they were close to being done. Any CEO worth their salt would say similar, you’re hardly going to say “we’ve still got shedloads to offload”. I’ve been in companies where it takes months to churn, with the volume here I don’t think it’ll take much longer, patience key here. GLA
Another day of the usual grind, two good things however are present.
Copl is producing more as the days go by and as well as institutions who are buying in, us ordinary folk can also top up if we wish.
Just a matter of keeping our heads down and waiting until it turns.
88E maybe ?
And if the sellers keep selling and q3 isnt very good where will we be at, dont think the sellers are going stop they obviously want out do they know something we dont??.
To be honest really don’t know what is good anymore re timing of updates release. Yes we are in desperate need of news and updates as the sp keeps tanking. If we were to get an update now then the seller will carry on selling and will only result in a quick spike. I think we should just suck it in for now and let those b4stards exhaust all their selling and then AM should start releasing updates like one ever few days to allow the sp to gradually increase at a sustainable level. What we don’t want a spike surely LTHs at least
LB thats what i was thinking i thought that the turn around happened on Friday but obviously not, iam debating what's going to happen next, weve had great news and its tanked, iam still in good profit but getting fed up watching it disappear, starting to get itchy feet and thinking of selling and looking else where, on the other hand i dont think it will drop further, might just hold out for q3 results we have to be producing more?????. decisions decisions. GLA
Ok, thanks HFB.
The two 10m delayed 0846/0847 £33k trades fit our regular seller P LRGS XLON
:))