Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Sp will get above 22p before the spud.. easy 100% from here
Total taking over is the best news eco could expect, total has the best knowledge of the geology and this farm in proves this block is all we hoped for.
With 2 funded wells and 20m$ coming its way eco is back in the game.
this is not 6.25% of orinduik for example, this block is 10 orinduiks..
Eco still got its dreams to chase with 100% at orinduik, and 80% in 4 blocks in the walvis.
Eco has just been derisked as an investment and drilling decision, rig contract, spudding and discovering oil are all catalysts to expect in the near-medium future, with more farm outs as the big bonus .
All together this is s very happy day for eco atlantic.
Is Berenberg a PR and paid for that - or are they independent?
Beginning to think ECO is just a front for a money laundering racket lol as progress has been stagnant on all fronts for too long. 6% just shows at what level we are operating at and even if we hit a sweetshop SH ain't gonna get rich. Would love to bail but no chance at these levels!
Seems to be very disproportional. Africa Oil retained 17% from 26,75% previous and we dropped from 20% to 6,25% really?
Can smeone in the know please confirm?
Berenberg note. Price target £1.25
https://twitter.com/LordBadshot/status/1765298644163387430
A muted reaction. Lets hope the hordes will arrive shortly!
Azinam its wholly owned subsidiary, will farm out a 13.75 is that all
Upon completion of the Transaction, Eco will retain a 6.25% interest in Block 3B/4B.?
What’s happening here
Walvis next up hey.
Well done
I was looking at these yesterday but decided to sit on the sidelines. Well done holders and I'm sure there's plenty of time to re join the show later on.
No mention of Orinduik at all as if it didn't exist. Seeing Tullow pull out was of no concern. Seeing Total/Qatar pull out though... I'm writing that one off now.
Walvis Basin??? How long have we owned that.... how much work has been done there over the last 5 years?
Only thing that keeps me holding at this point is a possible 3b/4b farmout. Totally agree with Booradley, can't afford to sell at these prices. Once we get the boost from a farmout, will cut my losses. If it has not come by 3rd quarter... safe to say it probably isn't coming.
If Gil has been the master at one thing, it is dangling the carrot just out reach. I feel like I gotta stop being the a$$ pulling the cart and realize, never going to get that carrot!
And some for decades ...
We have been hoping that for four years...
Monica69.... you do make me chuckle...... Lighten up a little- you never know this may have some legs this year.....
...and out of all the stocks out there they pick this ??
Nah, it’s the start of the new financial year next month. People got money that needs a home before 31st March. ;-)
There were some large buys today so I would hazard a guess that news will soon be coming!!
Took ages to buy
Someone's buying and way above the ask. Leaky me thinks.
Well it's not me i can assure you of that !!
Who could afford to sell at these ridiculous prices? Im afraid im locked in. One reason i stay cautiously optimisitic is the volume being traded...somebody is accumulating?
Just what i was thinking too...looks like a copy n paste from 2 years ago !! Clearly duck all happening and they need the spin to keep investors bought in.