Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Oilfred
needs the heimlich manoeuvre quick hes swallowed a thesaurus ..again !
You got me there Ollie.
I wish I had your perspicacity and acute perception, command of the lexicon, unstinting intelligence, boundless entertainment value etc etc
40p not much use Auson. Not all OP, FID talk and some hype included. Could have traded it in hindsight. Its either 100p on FID and some real movement towards production or 5p on failure I would guess. Pretty binary, but the 10 years of BS are nearing an end.
Gozzie, your dear old pops says: "just post the link son and keep the family honour".
No?
Thanks Ralphy, if it helps make you feel powerful, thats great.
cyan2,
Thanks for that, sounds perfect at todays low Brent price then. I think IMO2020 will be a very important driver to Sealion being developed.
Thanks Kurgan, if its not the boilerroom then that leaves, stupid, dishonest or in urgent need of psychological help...
which is you?
KURGAN2.0,
What did you get banned for ?
Anyone ?
I stick to the general rule that if you dont have anything of value to post then dont bother.
I think my rule snapped after reading for the 100th time the usual drivel from Kurganollyralph.
Everyone has their limits of endurance.
I honestly think these guys need medical help.
"Ok so at $40 Breakeven we should be ok with Brent at around $60."
In 2017 PMO's minmum proceed number was $55. Based on recent reductions in the costs down from $45 to $40 , its fair to presume they are content with $55.
2017 article;
www.bloomberg.com/news/articles/2017-07-13/falklands-flagship-oil-field-off-target-at-current-crude-prices
"Premier is looking for $55 a barrel, compared with a price below $50 today, to get the desired 20 percent rate of return at its Sea Lion find, Chief Executive Officer Tony Durrant said Thursday. “If it was a little bit above that, we’d be a bit more comfortable,” he said.
cyan2,
Ok so at $40 Breakeven we should be ok with Brent at around $60.
Actually the breakeven number is $40 now;
hTTps://rockhopperexploration.co.uk/wp-content/uploads/2019/09/Investor-Presentation-September-2019.pdf
~$40/bbl
cash break-even
~$25/bbl
life of field opex + lease
Gozzie, are you posting fake stories again? Show us Maclys link please.
You're about as believable as Godders and his '500k' investment here.
cyan2,
I tell you what I'm shocked by 37 posts and 37 trades today. Malcy is a good commentator but thats about it. Do you really think they would sanction. Break even $45 investment case $55 ?$10 profit per barrel. Premiers base case is $65 for investments going forward.
Oilfred,
Welcome back from the dead, I think someone just thought they had got you banned. Apologies if I sounded a bit disparaging re your posting history, I think its all a bit 'trust no one' on this forum for some reason or other.
Good luck
Shocked by some posts here like this one;
"I saw a video of this guy malcy on oil he said rockhopper was only viable iff the price of oil is above 70 dollars is he correct he owns none of these shares just talks about it ."
Complete rubbish. Breakeven is no more than $45; in fact I believe its around $43 now.
The $45 number is well known to those who have properly followed RKH. PMO's number for proceeding is $55.
hTTps://en.mercopress.com/2016/09/15/falklands-sea-lion-oil-project-break-even-price-reduced-to-us-45-a-barrel.
Don't look for logic from these guys. They are either stupid, dishonest or in the pay of hedgies (hard to believe anyone would employ such numpties but who knows..)
GOZZIE2,
In Premier Oils update they say their base case is $65 Brent, doesn't help much as we are not even there at the moment. UKEF also predicting $65 average Brent and Premier Oil were consulted in part of the UKEFs research. Its all there to read if you can be arsed to find it.
I used to post occasionally on iii. To be honest its been quite fun watching the various characters come and go over the years particularly during the more frenzied times on iii with the Blue horse gang et al. Return on cash poor but entertainment quite good up until now. Blue horse and his gang were clever and funny. Ralphy et al are neither.
ralph2010,
I've just had a look at your posts back to when this spiked to the 40s, Every single one was negative. Did you not fancy letting some of these go in the 40s like a lot did, it just followed the oil price with a bit of a delay from memory ?
Yawn! Plop, into the dusty bin. I think thats a record, 4 posts and gone !
GOZZIE2,
I don't know whats more impressive holding for 9 years or only posting 7 times in 9 years 4 of those posts are today all on RKH.
Been a long-term holder :( way back to 2009. Kept buying as the price has gone down but still underwater.
I have faith though:)
GOZZIE2,
Try telling that to the people who bought in at the high in 1st week of October 2010 and held for 9 years with no stop loss, as you do with a non divi paying, semi non profit making speculative oil explorer.
Godders99,
You joined LSE in Oct 2014. Rockhoppers shareprice high was 75p in Oct 2014
It was only £3 in 2010 and a spike to £5.15 in Oct 2010 it was only over £5 for about one week. Are you saying you bought at the VERY top and held for 9 years, waiting exactly 4 years to join LSE?