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.
If the price magically recovers by the end of the day then this will be a classic mm spike down in order to catch stops and to allow them to complete their accumulation process at as low a price as possible. It's always the excuse of ' news ' which is used as cover for this process.
The market is madThis morning.Bought another 400,000 as the price is so low and over the next period of time I am sure will correct itself.The derampers on this board are having a field day and it is very sad however it opened up a further opportunity for LTH to increase our stakes
PM has indeed nailed the timing this time. Just as announced in the PRs. This shows that PM is trustworthy and sticks to the things they announce when they are not dependent on third parties.
Mr Buck is doing what CEOs of Oil Exploration companies do, he's drilling for oil.
They've spent years working up the seismics and working out where to drill.
At this moment in time I suspect Mr Buck is like a 5 year old on Christmas Eve.
The rest'll come in time and I suspect in plenty of time to get a Heron makeover done this year to start the revenue rolling in.
The shares were cheap several days ago and they still are.
By all means play 'chase the football' or just make a decision to be in or out and wait to see how it plays out.
When is the next cabinet meeting
.... how these sort of stocks go down when they RNS good news!
Never makes any sense to me.
Hopefully the SP will rise steadily over the next 30 days as Velociraptor drill progresses and we approach TD.
Personally I think I will watch carefully and try to de-risk on the way up, depending on if/when we get LP, but if we don't get that before TD will defo de-risk, couldn't afford to see this go to 2p or less on a duster.
Here's hoping.
Filling my isa today!
Amazing opportunity guys.
Master82 chill out man, keep digging see if you find anything re matd over the next week or so your good at that, LP is coming looks like urban land development know what they are doing and I think they will draft up the certificate get comments back from ministrys and submit to cabinet who will spend 10 mins and sign off
This could be done this week or in the next couple of weeks
Share price will sort It self out over the next week then await LP for mega rise
Velociraptor is the big bonus here if it comes in
It's just feel like we are a football, being pass around.
Still no sign of news on new blocks or JV deals.
What does he do all day long.
I seriously think if MB doesn't deliver revenue by 2024 he should go.
Shambles, Lifestyle share for MB and co.
MB needs to start putting pressure. Compensation should be on the table for PM. Loss of income for the complete shambles in the Mongolian laws .
Being passed from this agency to that agency.
Which new company in their right mind would invest in Mongolia.
If no LP by end of july than this year would be wasted .
We will have to just hold and wait till oil is out if ground.
Block 5 might be a winner too.
Can't get a Sell price on ii so couldn't sell any
@N1shares
The mms wont let it fly until t.hey have finished their accumulation stage.
They trade their own accounts, and in terms of their other role of 'making a market ' they are the same as any wholesalers - they reduce their risk through buying in as low as possible. It's the same principle as someone running a corner shop in that respect.
Exactly, there are certain rules in this field that do not allow for a higher quota. This was already discussed in detail by MB. In an unexplored oil field, you cannot expect a higher quota, even if the chance of success is far higher. Therefore, one should not focus too much on these 20%. Therefor, I rather see the chances at fifty-fifty.
Haha wait for it, MMs will be trying hard to load up. Normally end of session the fireworks start and then 2 or three trading extensions.
You can't argue with one of the largest possible onshore discoveries in the world should we be lucky enough for it to hit oil. We know there is an active petroleum system
Best of luck to the long term holders, this has been a long while in the making. Absolute company changer if it hits the motherload.
Good luck matadors
Previous drills haven't been entirely fruitless.
They provide valuable geological confirmation of the seismic data and faults/traps.
They help to build up a picture of what's actually happening underground, it's a bit like the game 'Battleships', even a 'miss' helps to increase the chances that the next shot will be a hit.
And they helped to prove that it's an oil generating system, now they need to find if and where generated oil might be trapped.
The 'upside' from a Velociraptor strike is bigger than the 20% chance of 200 million barrels of oil too as it immediately increases the chances that subsequent drills on the Raptor Trend will strike too.
Potentially huge.
And I think Heron does still underpin it all as a 'Safety Net', so not a 'make or break' run of drills as can often be the case with small cap oil explorers.
And being small cap of course a strike would really transform the companies valuation.
Multi bag potential with Heron to fall back on.
Comfortably invested.
I am led to believe exploration companies are restricted in terms of what percentage chance of success any drill may have. Even with proven reserves 90% is what is usually stated.
So when they say there is a 20% chance that may really mean 40-50%.
Very good RNS but price is down.One of the reasons is that someone most probably the MM's are doing something.I bought some shares in the last half an hour and they are showing as sells very odd indeed.This share but for that should have been up today by a great deal
No BOOOOOM! today then. I guess folks will be considering whether to get out even or with just a small profit or take the chance on V1 being a duster.
As for the LP, I think they know they are going to get it. We just want it get it over with asap.
Who remembers the Snow Leopard, Red Deer and Wild Horse exploration drills in 2017 and 2018? They all failed miserably. At least the Velociraptor drill is shallower, and hence quicker and cheaper, but as usual with these drills the COS is very low. It might hit oil, who knows, but if it doesn't then this time they have a discovery to fall back on (subject to the land permit being issued).
Its a gamble without the LP
despite what some sneaky rampers may say
there is only a 20% chance of hitting oil - that is the companies own figures
as always only invest what you can afford to lose, especially with a 1 in 5 chance of success
Good points Mr Rich
Submission to Cabinet should be straight signature. Anyone who spend time in research and not just to criticise other poster will understand and with LOGIC
Every Cabinet Meeting have maybe 20-50 topic for discussion.
No topic can be discuss in any detail. Have couple main one and plenty other that need signature.
Understand also designation Project if National Importance. This send out clear guideline must be approved for National wellbeing.
Only person who have not done research & understand procedure think will be delay at Cabinet Meeting level lol
Be happy but tell truth from research :)
Expect Special Certifucation within 1-2 week from inform research on matter
What is interesting about the Twitter post from PM - below link, when they refer to the LP - the word that stands out is PROGRESS. MB is fkg useless at putting out RNS's, but the twitter post is good enough for me.
Certain people on here i thought had a point where they questioned blatant ramping, price will be this, price will be that, etc etc, but they are now showing their true colours. Shame.
At the end of the day, we have 29 days where this share COULD and i reinstate or COULD NOT be a life changer for certain investors. Let's hope the long wait comes to fruition for those patient investors. ATB everyone
Https://twitter.com/petro_matad/status/1668870792195502080?s=48&t=xs5mlti_eXYeRiuGAcPuSw