Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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80 days till year end,good chance of another 3 offloads giving us 8 offloads for the year and reaching 3 million barrels +.
JoeSoap
That's not the impression that I've got.
I thought that the oil belonged to BP at the moment that the transfer hose is disconnected. HUR are then paid Spot price by BP ( minus a small commission per barrel )
Could someone please correct me if I am wrong.
afaik, the price HUR gets depends on the price BP get.
It is paid at off-take and then adjusted later.
Bloobird
The previous offload was a blinder. Probably good for and extra $4m over current price.
By off-loading yesterday, HUR should be about £ 1/2 million better off than today being as Brent is down $1.50 at the moment.
Thanks Entangled. I was meaning last month's tanker load......?
Dr Bb
Amazingly the tanker set sail one second after the market closed on Friday and the off load occurred over the weekend.
: )
Amaja
Thanks for the info and I apologize for misspelling your name in my last post.
ATB Slip
What date was the last offload? Apologies as I took LW's freezer advice and have deliberately stayed away for a few weeks and have only just returned today.
Funnily enough, staying away for a few short weeks improved my mood immeasurably. If anyone wants to know what it feels like........I can only highly recommend it for one's mental health!!!
GLA and ttfn!
Appreciated Amaja. More than I thought.
There was speculation that this maybe was a light load due to the time since the last shipment. Well chuffed.
many thanks Amaja
440 - 450 k
My reliable source in Rotterdam has advised me that she carries between 58.000 and 60.000 tons of crude (a few tanks are empty I was told). I leave it to the experts to convert that into barrels of oil.
Probably +/- 400k which is the equivalent of some 15.000 - 16.000 bpd. This kind of daily throughout more than reasonably exceeds HE guidance. Should HE guidance be the right measure we are apparantly in for a long period of shut downs.
As a side issue: the Hamman report of 20 September 2019 is excellent food for believers in conspiracy theories; desperate shareholders because of the rock bottom SP (its ALL about risk perception); and financial wizards (PL+Balance Sheets until 2022).
Look forward to your comments “Boardmembers”.