Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Haha Tsbs :-))
Lol, Bigun2 is funny. Yes I do have shares, Yes I have too many. My holding matches exctley the number I wish I could sell. I would be happy with my money back at this stage as its costing me each month to hold the worthless things in my Share Account.
In your eyes, a 'green box hedge' ;)
Yes the filter button culminating in green boxes makes this board a pleasant place to visit now. Kipperman was my last filter...I think he may have some shares in FRR as a hedge....but not enough!
Ha, I've tried not to filter anyone on the board. I fined it mildly cathartic to release some rage occasionally!
Goit: maybe filter the idiot like I have ... you just see non contentious green lines :)
What are you even on about you prat. You're getting more and more confused and not just about your gender. Also Donald Trump was referencing a very violent gang called MS13 before you go spreading more of your BS on the internet - not all Mexicans as you disingenuously put.
Now with this bit of info.
As mentioned this surely means that Frr are seriously involved in the Dolphin project & cannot see that this would happen on just a whim.
Still as usual need something official.
This is info from the link.
The district administrative court opened a case on the suit of Frontera Resources Ukraine against the Interdepartmental Commission on the organization of conclusion and implementation of agreements on the distribution of products and the Ministry of Energy and Coal Industry of Ukraine on the cancellation of the results of the tender for the development of hydrocarbons within the Dolphin site.
The court decision was made public on August 15.
The court decided to involve third parties in the case of the Trident Black Sea Inc. winner company, Ukrnefteburenie Production Company OJSC, and the Cabinet of Ministers of Ukraine.
The Ministry of Energy and Coal Industry of Ukraine is obliged to provide copies of all documents on the tender for the conclusion of an agreement on the division of hydrocarbons that will be produced within the Dolphin site by decision of the district court.
The court appointed a preparatory hearing for September 19.
On June 29, Frontera Resources announced that if CMU does not cancel the results of the tender for the Dolphin site, the company will file a lawsuit.
On August 1, the court accepted the lawsuit filed by Frontera Resources.
Steven P
The hearing I was meaning was not decision you was thinking on for the 12 September, but it is due on the 19 September.
Info below was posted by Chris on Monday.
The court appointed a preparatory hearing for September 19 for Frontera Resources Ukraine against the Interdepartmental Commission
https://oilpoint.com.ua/sud-otkryl-delo-po-isku-frontera-o-rezultatah-konkursa-po-delfinu/
they are down too lol
Sounds like the FRR share price when it was listed and good news was announced
Thanks MP , that’s good news.
FYI 88e got their FO RNS our this morning that has taken over a year to complete. Have a look and ask yourself if that took a year to complete how long would a deal for a TO or even a JV or FO with a super major or two take that GG would want to play a part in .
If it's that good and that big they'll all want a piece...wouldn't you if it agreed with your business model?
its all made up at the moment!
I heard Shell wanted in too.....
The emails revealed in the Nicandros affidavit stated that Exxon were not interested in B12. However, who knows ?
The question is Chris...how big do you think block 12 is?
You then have to work out how many super majors have the working capital to be able to invest in it. Then list the ones that GG would be happy to work with.
Quite right Chris - blatant ramping.
Now at an investor meet a while back I heard the name linked was Chevron and not Exxon
I haven’t mentioned it as that would be ramping - unless it’s true.
LMOA
Back to sleep
Dreams are currently better than reality
Although as a few have said- lots of pointers giving rise to optimism.
putting Exxon is the mix is blatant ramping (sorry mad). I do hope a deal is done but I personally don’t think it will involve Exxon in anyway , they were over seeing work for years but appear to have chosen to do their own thing in west Georgia
12th september - just before my birthday- might be extra present for me ...
Overall a few pointers that look to be saying Frr will come through this in a positive way.
Main one, I feel is the Frr hearing on Dolphin of which believe is sometime in September.
Would hope though that we are properly closing in on something official on the default, in a positive way.
Morning Aurora & All,
"Obviously we still have no official word from the company to us the shareholders but you have to admit there is now a lot of circumstantial news/noise that to me shows a company possibly with backing and on the cusp of a big reveal."
More crumbs, hints, clues from Zaza.....??
Bezzy
Gipps - The GG have 51% under the PSA. FRR have 100% of Block 12, therefore any sale of Block 12 will give FRR 100% of the money and the GG will have to wait until BP, Exxon and BH (if my assumption of a buyout by all three is correct) start producing. If Block 12 is sold, the sunk costs will not be refunded and the GG will get 51% of production straight away, which is like a taxation percentage agreed years in advance. In other words the GG will not get the lump sum that you have stated as possible.
So Shed posted this earlier today
"It's probably the first sign of madness feeling positive about FRR but the website changes must be significant. I know it doesn't prove anything but just intuitively what possible reason would there be to set about tidying up your public profile if any of the doomsday scenarios were just around the corner? Just wouldn't make sense but then I can't think of much that has made sense in the last year, oddly with the exception of delisting!"
Obviously we still have no official word from the company to us the shareholders but you have to admit there is now a lot of circumstantial news/noise that to me shows a company possibly with backing and on the cusp of a big reveal.
cheers Aurora
Hi ODR, don't think so, not with what we know about frr's monkey buisness of not rns -ing things on time if at all. Again just my thoughts.
Poorboy: any share issues would have had to have been RNSd so I would be very surprised if that was the case tbh.