Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Providing* not proving
“Furthermore, Kiri has expressed an interest in engaging the services of Oilex's office to review field production, stabilize operations and initiate field re-development of the Bhandut PSC in accordance with the FDP.”
Looks like we may get a few more pennies if we help them out with our services of redeveloping the field. It’s zero risk for us as it’s guaranteed income.
Maybe this could be another avenue we can go down. Raise cash by proving drilling and exploration services on other people’s land at their expense and they pay us for it.
Don't blame you for cutting and running MI. Not many believers left. Not so long ago it was 90% optimistic, now the reverse. I really regret last September, after being in the pessimistic camp for so long, switching when the settlement news came through. As a result I vastly increased my holding and am now sitting on a 67% loss, into 5 figures. Feel quite angry with myself for probably throwing good money after bad. Before someone says it, no its not impossible it could cone good, just unlikely. As you implied, it would help a dire situation if we had a board who were more upfront.
No doubt the next rns will be about further dilution. Gla.
Good luck, see you once we are up and running.
Unfortunately I’ll have to hold as I’m back in work now and it’s impossible to continuously monitor everything.
Same old usual template of “oilex is pleased to announce” Clearly trolling us...
That is probably the only work he did today, check his emails, write an RNS and now back to Netflix or laughing at tik tok videos while drawing out a nice salary using our money.
Let hope GSPC and the buyer aren’t working together against oilex.
There nothing they can do or say.
Sale is internally confidential with GSPC and GSPC plus Buyer have the mother of all excuses for the delay.
Significant delays nearly a year to get this deal over the line. This year will be a complete write off they should of continued with arbitration they are obviously using covid 19 to drag their heels. Substantial compensation should be presented on the monies owed to oilex will joe soloman have the backbone to seek remedy?
The delay goes on. As usual with Oilex no news is bad news.