Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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ISA_investor - lie or couldn't help myself!! Clearly, i need to do better!! Thank you anyway Mr 16 posts :)
Sure, you do you. Just calling out your lie:
Nickel_Investor:
“Surething ... no more mention of JKX then. That's very true... this is the TLW board. Sorry team!”
Anyone else getting the sense that quite a few are going to get locked out on Tullow!!
ISA_investor with your 15 posts... i'm acutely aware which is why i said what i did. But i'd also say I contribute on here to the buy case a whole lot more than the majority and I will continue to when many are gone. I will forgive myself!!!
And when you mentioned them before you were told not to cross ramp and said you wouldn’t do so in the future so....
Liking the look of this move on pretty low volumes!
Climbing up......ink on the letter confirming RNS must be drying
the latest filings at Tullow showing that Invesco have been buying as have Deutshce bank, Blackrock were selling.
I've mentioned these before and this will be the last time also. Anyone looking for something else to supplement Tullow in the oil and gas space should look at JKX. They have close to $20m net cash and no debt, 10k production and just increased cash by $5m in the quarter. The best bit is that they are 90% gas and gas prices are flying right now so i think that $5m will become a much bigger number this quarter. The crazy bit - the market cap is only £40m. They have 95m barrels in 2p reserves also - just huge. The price is slowly making it's way up so worth doing research on it. Anyway, that's the last from me on that subject.
Back to Tullow... almost 20p on the ask.
32p was a good support /resistance level so I will not give up any shares lower than that
20p is just short termism.
With efficient production, debt reduction through free cash and disposals, exploration and shorts covering anyone targeting less than 30p in the shorter term is selling themselves well short. I'll consider slicing a few at 30p but i'm here for a much bigger journey up. This has epic recovery play written all over it
It’s only a matter of time, shorters will be very worried on how this is playing out and will be toying with closing there positions sooner rather than later, the first of them will save themselves a fortune. They know the game is up for them it’s all a matter of who has the guts to say some you win but this time we lost and how much of a hit they will take, could be dog eat dog on this one, so do the right thing and save yourself a fortune shorters, my advice get out while you can at may a say a reasonable profit.
It’ll all be on the up my man, I’m myself at 10k shares at 25p average so am on the long hold, the platform I use doesn’t allow for shorting so I’m not one of them snakes :D
New to tlw and currently Holding 6,000 shares at 19.8p. Considering the levels of shorts sitting on the share which will manipulate the price, I can’t see it push past 20p until further positive news is announced, such at the payment of £500m, which in my opinion should bring the trading range to somewhere between 26.5 -30 in the short term.
All depends on when the shorts ease back and the externalities of Covid, international oil demand, US politics all will have an impact on where this goes.
It looks like a solid base to build from at the moment, but the road may well be quite bumpy.
I think we could get to 30p if I am honest......when the deal was first announced in April we saw this move from 19p to 29p. With the Ugandan sign off and the cash confirmation hitting the account expect a significant rise
Yes, I think the same. No rockets, particularly given the market this week but 23-24p would be my expectation post RNS and a more solid investment going forward from there.
Soon and 23 plus with the confirmation rns.