Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Waterbear,
" Fractured bottom play, unknown geography? Tell that to the 14.000 bopd already producing"
Welcome to the club! However, the geography is perfectly well known. Water, water, yet more water, extending about 3000 miles to the west until you bump up against Newfoundland. Geology is a different animal, though. And there remain some smart-alecks around who seem to think that the 14,000 bbl/day production to which you allude (so far WITHOUT the use of artificial lift in the form of the dual ESP's installed in each well) might suddenly stop, or turn into water, or something like that.
I may disagree with your political views, but reckon you've made a wise buy, getting into this share while it's (by consensus view) undervalued. (But of course I'd say that, having been 'here' for a number of years now.)
Aw, JayKay, they can do whatever they like, they're just the coolest individuals on the planet or moon!
Dark Knight
Mmm, having to balance my reply a bit. While I genuinely feel for the people of the KSA (and I do, apolitical creature that I am) I am somewhat pleased that this may help our pioneers in the FB arena here if you catch my drift. Also following Bloomberg in and out today and months seems certainly more accurate than weeks.
Alibi1 I watched the interview live on CNBC you. I will try to find the interview if it is available on the CNBC website. He said 6 months, I have had cnbc and Bloomberg on for most of the day and a number of people have said the same. Guess we will find out shortly from ksa but it won't be weeks
appreciation ...
JayKay
I feel something untoward has happened to you this week as your usual easygoing manner (most of the time - I say that as I recognise a kindred spirit) has been perturbed of late. I wouldn't call Tardigrade it as anyone who choses that moniker shows a certain appreciate of life that deserves respect!
Tardigrade
I am now biased towards you with that name! Thanks for sharing reasons for buy in, interesting feedback. Hope you're proved right. Feeling like each piece of news we get is seriously game changing. Plus waiting to hear latest cargo offload from our man in Rotterdam, at the new prices could be very interesting indeed!
JayKay,
Can't special dispensation be awarded to really good names? I have actually genuinely fallen in love with Tardigrades or Water Bears as they're alternatively known. I'm not even a little bit embarrassed to admit it!
Hmm and by that I hope, for your sake you also mean Hurricane Energy, because it will be!
Tardigrade
Bit off topic, but ever since viewing pictures of tardigrades in space, or more accurately on the moon, I have been quite fascinated. Great name!
https://earthsky.org/human-world/tardigrades-lunar-library-beresheet-spacecraft-crash-moon
Hmmm... I have ECO shares... they struck more oil of Guyana today. 80m barrels (likely). 2nd strike in a month and after an initial rise of 30p the shares ended up 2p. HUR's performance today looks good in comparison... Welcome to the AIM lottery!
Albi, looks like 2020 is going to be a big year for a lot oilies, by that I mean PMO & ENQ. Here’s to 2020
Mmm, going to qualify my last statement as realise could be misinterpreted -
When I had nothing, no home, no work, nothing - "I used to laugh at people who got stressed at investments".
Sheltie, we're nearly there, DATA, DATA, DATA = proof of concept. Yes Lancaster looks great - but long term data verifys that. Same on Lincoln and Warwick West. This has really been a tough ride, I used to laugh at people who got stressed about investments. I now have deep sympathy. I believe it will all come good but the proof is in the pudding - 2020.
Today's pop is easily seen in the 6p drop from the off - a lot of Hur holder/traders selling to get into better production-play co's like pmo. ( A number of posters were honest enough to comment on this yesterday.) ATM, as others have recently commented, Hur is neither prod not exp; hence the drift away and general lack of interest. Without a div, or a definite, clear, well-promulgated range of plans (i.e.) plans a, b, c etc) - including the 'no buyer emerges' (buyers- strike) scenario. Imo it is the lack of adherence to the 6-p principle that is costing Hur, much as I believe the co'y to be top- notch in technical capability generally.
Gla
. . .combined with results day on Friday, concerns me. It is especially odd that, on the day of one of the largest spikes in the price of oil in recent one day history - we rise by 1%. This aint quite right - even by the naff standards of AIM. Very dissappointed, so have mixed myself a super strength gin and tonic. It is 6pm right?!?