Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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You've not been paying attention Stevo - gossiping with Godfrey at the back of the class?
Actually, I reckon HBR probably ARE interested in World order, because they're not going to invest in regions that might become unstable, and/or where they could lose control (one of their absolute requirements, if you remember).
Anyway, I wasn't posting particularly about HBR and their interest in World order, but HMG and it's interest in World order.
HMG holds some of the cards in this jigsaw puzzle, as they provide the security in the FI, which costs a lot of money and at the moment for little or no economic return. If that could be funded from, say, oil/gas revenues, then that would solve that particular jigsaw piece. But there are issues about the defence not being mercenaries, so issues to discuss and resolve.
I fear "Mr Market" still regards SL as a remote oil opportunity that a bit too far away to consider seriously, so "Mr Market" has got a bit of catching-up to do, taking into account the new post-Brexit, post-COVID and Chinese dominated World.
You really must try harder at remembering what HBR management has already stated in public.
You've not been paying attention Stevo - gossiping with Godfrey at the back of the class?
Actually, I reckon HBR probably ARE interested in World order, because they're not going to invest in regions that might become unstable, and/or where they could lose control (one of their absolute requirements, if you remember).
Anyway, I wasn't posting particularly about HBR and their interest in World order, but HMG and it's interest in World order.
HMG holds some of the cards in this jigsaw puzzle, as they provide the security in the FI, which costs a lot of money and at the moment for little or no economic return. If that could be funded from, say, oil/gas revenues, then that would solve that particular jigsaw piece. But there are issues about the defence not being mercenaries, so issues to discuss and resolve.
I fear "Mr Market" still regards SL as a remote oil opportunity that a bit too far away to consider seriously, so "Mr Market" has got a bit of catching-up to do, taking into account the new post-Brexit, post-COVID and Chinese dominated World.
You really must try harder at remembering what HBR management has already stated in public.
I wish it were different but Mr Market disagrees with you. There is a reason that we are at 10p and that is because the consensus view of investors is that Harbour will invest their capital elsewhere, most likely through acquiring high quality producing fields from the majors. Harbour aren’t interest in the world order, their sole objective is to allocate their capital to projects which have the best risk/return characteristics to enhance shareholder returns.
It's not whether this goes ahead, it's thrashing-out the deal that's acceptable/best for all involved, which takes time.
Currently, there's no great rush for most involved.
The reason for my waffle (below) is to illustrate that every participant in this stands to gain something. Not one stands to lose.
So the haggling is to get to the point where the participants can agree to the detail and there's a lot of detail.
Looking back at this Wood Mackenzie 20th May 2020 ( https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/national-oil-companies-will-slash-2020-exploration-spending-26-report-says-58726899 ) report on National oil companies, it was indicated that exploration spending, would be slash in 2020 by 26%,.....which has resulted in myself to coming to the view, that existing Oil Discoveries would become more sought after, once demand for oil bounced back, as we came out the other side of COVID-19,.....especially, on the shelf ready to go discoveries, such as Sea Lion.
BW
I've been in this since before RKH. I can't even remember the name of the company. Anyway, I predict (which is worth nothing), countries will mop up reserves soon. Deals will be done and the race is on to secure oil. Few people have mentioned tanks need diesel (I think) and F35s need kerocene, not batteries! Strategic stocks will bulge in tanks and under the ground. All will be well here