Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Great pictures on Twitter. The big guns have arrived.
...if you look at all the blue trades.
.
I'd expect an RNS sometime this week prior to Fridays commencement . All hands to the pump..
Exciting times ahead..
;-)
Me and oex ;)
https://youtu.be/M1WKmbh-AbQ
Personally I think we will see a steady rise this week imho. Oops I'm speculating:)
Those pesky shorters!
As you say no reason so far , refrac was said to be mid July which is any time next week or start of week after, looks like shorters to me , thought we would be early 20,s by now but games being played by the usual
Same reason it's been up & down like a yoyo last few months..no reason. Too early for bad or good news, give it a couple more week before speculating please.
I smell a rat. Think some news due but not great. Going to hold as I hope I am wrong. Let's hope the SP starts a recovery especially as we have news due in August
Possible reasons
1. During certain parts of 2020/21 oilex shares could have been purchases for as low as .o7 and even at todays low price this is double and a very good profit for anybody who accumulated a large holding and does not want to risk this profit during the frac.
2. A shorter or group of shorters could I suppose using CFD'S and or spread betting make a profit at this point although I think they would now after close positions before frac other wise profits could evaporate.
3. If shares from the last placing had some form of underwriting insurance then this could be what's left of the placing shares been dumped and the underwriter taking the loss. Although no underwriting was mentioned that I can recall when the placing took place.
Very interested in the views of other posters as I try to make sense of the low share price.
Pj, I was thinking about that myself actually earlier today. The joys of investing I suppose.
I reached out to Oilex yesterday, simply to wish them “all the best” with the upcoming key activities (refrac). In my humble opinion, it’s quite a milestone to having reached the stage they’re at currently.
Good weekend to all.
Just to think on April 8th we were at 0.0031p , I bought on that, now we have advanced we are half price with the civil complete and rigs in place wait for results of the fracking mid august ,
I'm very optimistic , buying shares Monday
GLAH
PJ
Oiled have had your pants down. Last chance saloon is upon us.
2 weeks of fracking starts next week... Results beginning of August
..
Don't be left with your pants down.. ;-)
Worth a top up, but are we at the bottom yet?
Goldsmith, everything I guess can happen. I’m not sure what the rationale is to assume anything different to what the ceo mentioned in the most recent update? Nothing has been communicated that indicates it will be later than August sometime.. atb
August could be later
Likely just some “games” in the run up to the news. We do know that frack is 7 days or so, and Roland quoted 30-45 days to analyse the results. atb
Stands to reason that whilst we see for example 15,000,000 being sold and then potentialy bought straight after that this is not a sell off (for no reason I might add) but merely money moving from standard accounts to either ISA's or pension scheme accounts. Same as we see in the recent "director dealing RNS" only last month.
This has got 88e written all over it. Full of promise delivers Jack chit
A lot of 15 million sells appearing. Yes strange time to offload before re frac to unload. Still not long to wait for that to happen although who knows where Sp will be mid July
A bit depressing after the rise earlier in the week.
The Big Resignation
And
The Big Sell-off
All in one day?