Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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By end of 2020 assuming oil at 60usd, PMO will have a 2.1bn usd turnover. Current SP faintly ridiculous, surely a takeover target.
Falklands would be a great place to work. I would jump at the opportunity if I was an oil worker. Bit of peace and quiet. 6 weeks on/ 4 weeks off. More time away from the wife and then more time at home. Much better lifestyle. Project could be quite cheap - just needs a forward thinking person such as myself to manage the logistics and the psychology of all interested parties.
All we need is the finance for Sea Lion and Zama, as we know humans are going to keep drilling for oil in the USA, Russia, South China Sea, and Saudi Arabia well into the mid 2030s. So if the banks are going to support another 15-20 years of drilling for oil I should think The Falklands would be one of the low cost and attractive projects that will be given the go ahead.
Why are the banks funding extremely complex projects, with a high level of technical risk, such as drilling 20,000 ft+ below the seabed offshore Brazil, and yet they haven't yet funded Sea Lion?
Have the financial decision makers completely lost their ability to correctly assess risk (i.e., to choose the lowest cost and easiest projects)?
Falklands is not cheap option Love, that’s why it’s still on the shelf, in fact it’s my main PMO concern. In the words of SK I’d prefer it sold.
The result of an austerity mentality is getting none of that beautiful feeling of being able to take exactly what you need and have a bit spare as well.
The result of having a mentality of excess/abundance is a feeling of well-being and security which makes it easier to continue to grow and to maintain that security of energy supplies, food supplies, new clothing, and pleasurable activities.
Please help us as truly the lunatics have somehow taken charge of the economy.
We know there is lots of oil left such as around the Falkland Islands for example. Why wouldn't we extract this cheap and easy to access energy?
All we need is the finance as we know humans are going to keep drilling for oil in the USA, Russia, South China Sea, and Saudi Arabia well into the mid 2030s. So if the banks are going to support another 15-20 years of drilling for oil I should think The Falklands would be one of the low cost and attractive projects that will be given the go ahead.
Well oil up to $63 and PMO can now only manage 2% (dropped back from 90.70 to just holding 87.92)
So unfortunately, PMO still proved to be under the "cosh" so this trading update is not the one to release the "beast" yet.
When is the question ?
Goes back to the million dollar question ? When will G.Sachs stop the holdings notices, which purely coincidence or not, has coincided with Stock on loan to all time high of 29%. When G.S. have disappeared, is the time this stock will fly IMHO.
As always TR, this is so frustrating, with GS, playing their games & using PMO as a vehicle regardless of its performance. If we are frustrated can only imagine how the management must feel. Value will out, but my patience is wearing down....
Nice for the sachs of shhite and its all legal, personally if they can't ban shorting they should have a percentage loan limit so these counts can't affect the sp, but that wouldn't be fair as they would be taking a gamble like joe public lol.
Let's hope oil remains positive and EIA good at 3.30pm as oil price rising may keep them at bay, as much harder for them to go against the flow.
Just bemuses me when you know this is worth a £1 plus ,look at Hur nearly 1b MC yet producing 11000 bpd ,i know they got great prospects but haven't we all .
Yes GS are making me lose my fondness for PMO , may take my profit while i can i what i got left before they drift this down
Goldman Sachs Holdings notice increase.
FFS
If I were betting man, they taking this down again. Parasites they are. No further news until Zama, so guess will be their play thing again while they can. Just putting my honest thoughts in.