Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Yes, Ray.
I can't remember at what price, but I think considerably lower than 2p, and certainly below 1p, but I remember reports of the numbers of tankers sighted and one poster celebrating about 800 bopd.
I responded that when an RNS announces 800 bopd, then we can celebrate.
There has been no RNS since.
I've never come across a company like this, that won't even say how much it is producing.
Is it even permitted under AIM rules?
I can imagine SS quoting ,we cannot subscribe to a share consolidation..say 100 to 1 reduction,as this would be a false indication to share holders. (Or similar). Tbh.. that's the only way they might get new investors. Most would be spooked by the billions in circulation. Then rinse and repeat. Still invested here, but also excited by my other purchase.
Wasred....it's a "must read" I'm afraid....not only to negate the"if true" but also to promote the "beyond reasonable doubt".....it will also give you a good laugh
Should have read "may be above" ....the systems gone nuts....doh
Should have read "may be
Swizzy Abbott it depends how you read it....perfect English...maybe a above your level of understanding....anyway, while on the subject of education, what about your mathmatical equations....laughing "what" off?
Wouldn't really matter, Was.
I only post in English.
If you don't speak English, it doesn't matter if you've filtered me or not.
:D
"Skwizz was, and is again back, on filter"
Sure.
LMAO!
You're making this too easy for me.
Ozzy52, no, as I wrote, Skwizz was, and is again back, on filter so I was oblivious to whatever shinannigans he/she was indulging in, although not really surprised if true; self confessed geniuses come in many guises. Stay Safe.
Before I began posting, nobody could have known anything about me or what I (personally) had been doing.
The comments I read were general but happened to be about a practice I had been using.
I disagreed with them on that basis and chose to explain.
"Just unfiltered Skwizz for a short while"
Yah, sure ya did.
ROFL!
Wasred did you read the mathematical trickery......it may help in your quest to become a multi-millionaire...then you can pass the secret on to us
Just unfiltered Skwizz for a short while (no 6 of around 80) for a short, very short, while. I now refer to his post of 15.16. in which he/she claims 'I BEGAN posting as there were some people here saying what I have done was not possible and a bad idea'.
As a point of order, it would be of some interest if Skwizz could clarify how, before he/she commenced posting, 'some people here' had knowledge of, thus able to claim that, 'what (he/she) I have done was not possible'. Merely a passing inquiry to which the clarification, if any unless extremely prompt, I am unlikely to ever know as he/she is going back on filter. Stay Safe and At Home if you can.
Penguins,
When I used the word "initially", I meant from a 1st well.
I believe the partners' aim is to build up a portfolio of wells, hence the application for 3 new licences in the neighbourhood.
Ocelot,
The important word you fail to acknowledge in your calculation is 'initially'.
Just suppose it starts at 250bopd and halves in 6 months, and halves again in the next 6 months and continues to decline.
Let's suppose half the wells drilled need sidetracking or fail. Lets suppose anything you like because UKOG fail to give any indication of what's likely - which could just be earning enough for the next well and little 'profit'.
Unlike a wildcat Basur / Resan is along strike along the same anticline to the E Sadak field, targeting the same reservoir.
Whilst UKOG is silent it's probable that E Sadak with about 6 producers is not producing significantly more than your 400bopd from a single well.
The question is would UKOG tell how much they expect from Basur-3 if it was about 400bopd initially in production - in fact why haven't they given any indication with such a good analogue so close by, operated by AME?
It may be nice to dream, and certain posters depend on it - but facts would surely be better.
Maybe no financial debt - but it does have commitments which it may not have the cash to cover, and plans for 3 wells in the UK (at twice the cost of Turkey wells) and possibly first of all a workover of HH-2z which will require at least a CT unit, or a workover rig - which will be a test of injection in a well planned for production
Swizzy. Please explain how anyone could have known about your exploits BEFORE you had started posting.....and while we are on the subject who cares anyway.....I've got a share tip for you......R R....don't sell to early though, you might regret it
Supposing UKOG's 50%-share in Turkey was, initially, 200 bopd.
At $68.50, that is about $5m per annum.
It just goes to show how very quickly things could turn around if the partners encounter success in Turkey.
Swizzy Abbott.....what a load of total nonsense your storytelling is getting worse...but don't worry you're "friends" will be backing you up soon
Lol, Thx Qwerty.
Yep, but I bought half back and put the rest into SMT.
Ah well.
Win some lose some.
Heheheh.
Wiz'.
Posting since 19th Jun 2019, but reader for longer.
I began posting because there were some people here saying what I'd done was not possible and a very bad idea.
I agree it's risky as it's not how I do most of my investing.
But I posted only to comment that it's not pointless and provide impartial visibility for those who had asked about it, not those who wish to invest in their own blinkered way and remain closed to other ideas.
Similarly with my reply to Stocky earlier.
I'm happy for anyone and everyone else to invest however they wish.
It doesn't bother me one way or another.
But I do enjoy the general entertainment provided by many foolish posts I have had the pleasure of reading in here.
I think of some of them as 'Savers', like yourself.
:)
That's 2 then...sando and swizzy Abbott
Ozzy the only person that went to Dianne Abbott school was sando and his billions of barrels of oil crap.
Wasred hi, anyone's allowed to post as.much as they want....but it's meant to be truthful....and not repetative.....but it's the Dianne Abbott School of Economics maths that gets me.....a totally deluded, attention seeking fantacicist......Walter Mitty par excellence......you stay safe also.......Had the first jab.....all ok
Ozzy52, skwizz appeared around 18 months ago and immediately commenced a diatribe of what he, had done, was doing, and/or was about to do as if every one not only wanted to know but should want to know. Within very few months he had made more posts than many, if not most, had in years. I am pleased to say I must have been one of the first to press to magic disappearing button / filter. I note that he is still, for the last 30 days, averaging 4 posts a day. Boundless egoist???. Stay Safe.
With Brent at $68.50, the prospective operating margin in Turkey is ($68.50 - $15 =) $53.50, up 114% on the prospective margin back in July when the 1st RNS re Turkey was released.
Skwizz - I did tell you that you made a mistake selling BP !!!! But UDOG - you done the right thing
Swizz...and then the experiment went wrong....you turned into swizzy Abbott and your investment turned into Swizzy Abbot's MONSTER......very scary.....but don't worry boys and girls its not real....now for the cartoons....tha tha tha that's all folks.
Stockraiser , now do the maths....read swizzys past posts.....bought at 1.3p with £1000, sold at 10.2p.....made .....£100,000......took out £50,000......and left in the other £50,000.....also stated made 10,000% profit......also stated earlier it was £60,000 banked and £60,000 left to ride......for £100,000 profit.....take a look....it's all there in the posting history......you have to go back a long way to find the self contradictions.......make your own mind up....by the way, I'm considered a "ramper" and filtered for making this assessment .....leave it with you....good luck
Ozzy52.......a 100% honest investor in UKOG.........or maybe 10,000%!!!!