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.
I think the seller that was trying to push the price down has come back realising that his plan is messed up by the rising gas prices.
buys have been coming in all day in lots of multiples of 5000 shares. mostly purchases of 10000 shares. it is not me... LOL
Well we dipped under 35p, and now we appear to be on the up again.
Once again the support at 35p seems to have held.
I hope you all waited for the 35p before jumping g back in.
NQM
That day will arrive......sooner rid Covid pandemic the better.
SOTB,
Simple charting, 35p was always where we were heading once the company opened up about Platypus.
The info at the OGA showed us the relinquishment at the end of July.
A gilt edged opportunity to make money.
I hope that one day you can exercise baggers rights, that'll be the day when we can all retire to a home in the sun.
Braggers rights then ......
The support at 35p seems pretty solid, buyers are there and sellers seem to have dried up.
How deep that support is only time will tell.
I'm hoping for a crazy dip down to 31 9p, we've been there before and a macro event could see us there again.
If not I'm happy to have sold a chunk in the mid 50s that I have now bought back in the mid 30s
NQM I am no expert in deciding what is good value and a strategic fit for PMG I will leave that to the board to determine.
*Davde*
Damn spell check!
Davies,
Serica and Rock rose, to name just two, picked up cheap assets and have gone from strength to strength.
The price was most definitely right.
Where was TC?
Oil production will continue for many years to come as, oil will be needed in the transitional period to achieving climate targets and afterwards. The questions are what levels of oil usage is needed in the medium to long term and beyond, can you secure supplies in an increasingly protectionist world and what price will it cost. Both UK and Scottish Governments know this. The end is not nigh for the north sea oil business and sure TC will take advantage if price is right!
No
It's a buy actually.
250k sell
Scott240/ chutes whatever you call yourself
Why are you still here?
Huge buys going through today. I have more funding available to buy tomorrow.
Chill your beans man ! ......
Perth is done
It’s over
Will take company 6 months or more to tell shareholders
Wee Tommy boy stuck in this now with sp going nowhere from here except south
He got lucky before
No question marks - fair enough to value it at zero, but seriously doubt it would be political. The H2S is removed. They might need to address the flaring but that is not a show stopper IMHO.
There is a massive difference between a new billion pound project and a piddly little 10kbbl per day tie back to extend the life of existing infrastructure. These type of projects are happening all over the North Sea. Nobody is batting an eyelid.
mrc_mrc_mrc_mrd,
You said a tieback to existing infrastructure wouldn't make headlines.
I disagree.
An oil field discovered in 1983, with levels of hydrogen sulfide similar to those found in Mordor would make huge headlines.
A huge bonus if it does happen but the odds are heavily against it.
I value Perth at £0.
No question mark - a tie back to existing infrastructure would be approved. This would not make headlines. I suspect even Cambo will eventually happen. Just needs a smaller UK operator to partner and a name change. Call it the Puffin field or something like that and “stop puffin” doesn’t work as well as “stop cambo”
The UK government is responsible so it’s very easy for the Scottish government to make some noises. They don’t have the power (or the support in the country I expect) to stop it.
Scott240 - care to elaborate?
Perth ain't happening, even if the Scott partners and parkmead cobble something together the SNP and Scottish greens will kill it.
But we have
£25m
Dutch portfolio
Skerryvore & Ruvaal
Davaar
Land with potential for wind and solar pv.
For £38m?
We ain't worth 50p, but at around 35p I think it is roughly fair value
It’s finished mate
Over
33p has been a good entry point for me in the past.
I think Perth will probably happen, but feel TC should have taken the £140 million that was supposedly on the table a couple of years ago. If CNOOC decide to decommission Scott then that makes Perth a much more difficult project to sell.
Some of those sells at around 35.5p are buys.
I have taken a few of the shares back that I sold at 54p.
Hopefully we settle here but I am not 'all in' yet as we are looking at a new landscape.
No Platypus and No Cambo
Parkmead awarded licence in Southern North Sea according to Off Shore Mag.
Hope this connects in to the Hub in due course.
I think PMG will be in a better place next year for news on projects.
GLA