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.
Just wanted to say thank you every one ! Specially luck counts how brought this to my attention a few months ago between 33-35p share! Iāve made around 60% profit in a few months! So thank you to all the regulars here special NEWKOTB and luck counts ! I feel sorry for the long term guys who will have to exist at a big loss! Your management have let you down big time! Although the offer is low you need to remember the YAHOO effect where an offer rejected may seem like an amazing deal in a few years! A bird in the hand and all that...
I have done the same. Fortunate enough to have only been in this for a couple of months. GLA.
My journey here has come to an end, sold this morning. Best of luck all and particularly to the LTHs here who were in from higher prices.
Makes you lose faith in investing, I only bought here s couple of weeks back st 43p so made money( only a small amount) but when reading up on Ophir I really got the impression the BOD were turning this around and seemed intent on delivery value to LTH for the shit storm they have had to endure, how wrong was I. I would love to have a sit down with these crooks and have them talk me through where the think value is represented in this shocking offer.
Sold down the river by BOD. how long will it take to get the cash paid to us PI’s ?
I hope I never see any of this BoD turning up in another O&G company....... a complete lack of competence and capability ..... last summer they spoke of delivering shareholder value, I doubt they could deliver pizza...... lets see the offer document on how big their bonuses will be on this deal !!
That Sir is bang on the word of the day is
DISGRACEFUL!
complete incompetance to waste Ā£1 billion show what muppets are running UK firms and I think goes part way to explain the shambles of Britain today. We are a nanny nation frightened of offending anyone why the fxxx did the directors accept 55p its a total disgrace and imo in any other walk of life there would be investigations.
Cant get a quote to sell
robbed!!!
65.7 per cent. to the closing price of 33.20 pence per Ophir Share on 28 December 2018 (being the last Business Day before the announcement of Medco's possible offer for Ophir);
65% to the all time low!!! what a joke
I canāt see a better share out there than Amer.... About to spud 1 of 4 wells on Cpo5 indico1 already came in at over 5000bopd 283 ft gross oil column 209ft net . Calao1 to spud by end of jan early Feb. 16-17p to buy take over target 1-3 years?.....good luck guys well done all here have a good day....
Rockhopper also for me
Sea lion will get sanction
Low sp at minute
Massive let down by this BOD
Criminal what they have done here.....
I haven't lost money on this stock BUT I am well & truly flummoxed by the spineless attitude of iis which have sold Faroe now Ophir down the river for much less than the market price ...
I see that maybe some predict a bad earnings year and are taking profit - wherever they can find it - but its the pis who get stung time & time again ..
-- BB --
āSignificant value for shareholdersā. Yes, if Medco devotees bought at 33p. This is a dreadful example of market manipulation, when results show that the company was not doing badly. The positive spin in the RNS of 65% profit from that low base is a regrettable distortion. Many shareholders will have lost a significant amount of money..
Agree, my biggest holding
Rockrose guys, pe of 1 divi or deal on the way this year. should be Ā£10 this summer
Should be jailed
They ran this company in to the ground
Down to 33p when they made the offer , Disgrace.
If it had never got to 33p we would not be here now
SHAME on this whole BOD.
Agree Zedy, JKX looks really interesting as has around 100m p2 reserves and only priced at £70m so far . Missed that yesterday and may try and get in on a pullback . RPT is one I have a holding in , prints cash , no debt , 53m p2 reserves.
If your looking for a likely double bagger over next 2-3 months take a close look at Condor Gold CNR. They are close to announcing toll mining deal according to MD with B2Gold and becoming a gold producer 2 years early. Its a game changer. Its where all my funds will be going anyway. Good luck but spread risk of oilies with a little gold for next few years as the Brexit bargain basement sign is well and truly hanging in the window and our BODs are running scared.
Commenting on the Acquisition, Bill Schrader, Chairman of Ophir, said:
"We are pleased to announce a recommended transaction with Medco. The transaction delivers upfront value in cash to Ophir Shareholders
Ahhh, not really - been in this company for 10 years. As a long term shareholder I am actually stand to lose around 80% of my initial investment. So how can this transaction deliver value to me!??!?
Jimmy,
It would only take another +5p to up the anti significantly and Ophir will still be an absolute bargain.
Rockhopper for me,big year for them and I think sea lion will get sanctioned
sdx and sqz balance of risk reward imo
I already hold and will add more to both.
SAVP. It's where the 50% left of my money went
Another party could still make a higher offer. Not impossible
RRE all the wayyyyyyyyyy ................. although JKX is an interestingly great prospect ...
:)
-- BB --