Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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1p, then 2p, and so on.
Just like 2017 it will break through those barriers with little effort when they start flowing two wells together shortly.
Keep those twitchy fingers ready to buy on that RNS BIG MONEY!!!!!!
5-10p? men in white coats are coming for you. There will be another Billion share in issue over the next year or so a SS milks this gravy train for all its worth. Don't be the one holding at the end when the music stops.
Filtered Clarry months ago so he's hardly new.
"like Mirasol are disingenuous, you only post negative facts!"
Regretfully WTT the FACTS are mainly negative - the positives are outweighed by the continued movement of the operations to the right and the knock-on effects of of the financing model they use.
By the way I try and correct errors on both sides - if you look down my first post today was correcting IBug's post re connected fractures
And for what its worth I see we have a new pessimist on board today - welcome Clarry!!
Granted Seadoc, but if you were a genuine investor, you would mention we are waiting on an updated CPR! You too like Mirasol are disingenuous, you only post negative facts! I wonder why? All the best to you and your agenda. Regards Welsh
Anyone thinking this will be 5-10p in the short term is by far and away the biggest troll on this board. Ludicrous to even think it let alone keep posting it.
I’m hoping for a good outcome on the intervention
Then a quick rise to 2p hopefully within 4 weeks
Gla all
The stampede for the exit is about over unless you want to take home peanuts welcome all new investors and good luck all toping up may your rewards come quickly dyor
Hi Mirasol. Aren't oil companies valued by not only what they are producing, but what proven reserves they have in the ground? You are being disingenuous basing whether UKOG can be a mid cap Oiler based on just production figures. Wait for the updated CPR at HH please before posting pie in the sky estimates. Cheers Welsh.
Lol 2bl mc, you must be on meth.. there are companies, with little debt, over 50kbpd production with mc less than 1bl... I’ll be happy with 250-300m mc
" have the assets to realise to achieve in the next couple of years."
In the next two years they may have drilled Dunsfold and the IoW - neither will be in production and both will probably need at least 1 appraisal well. With luck they will be producing at HH from the Portland and some Kimm - lets say 2000 bopd
That's not going to give them a mid-cap valuation I'm afraid - they'll be about the same as Igas £47mm
Completely agree Trollhunter2, this oil company is the real deal.
They have all the knowledge and resources they need to achieve mid-cap status and progress to the FTSE 350 or even 250.
"check asset and fundamentals and ignore the trolls."
Yup - and take a look at the 3 month price chart ........................
Absolutely, and that's not even close to the mid-cap oil and gas oiler target they are aiming for and certainly have the assets to realise to achieve in the next couple of years.
£2bln - £5bln market cap is the target.
DYOR and GLA ..... check asset and fundamentals and ignore the trolls.
Certainly short term in investor terms i.e. within the coming months and definately this year once HH-2z is flowing to expectations.
Oil/Water cut optimisation underway at Horse Hill and we'll then start to see the actual HH-2z test flow numbers.
Remember if gave 600bopd plus water, so cut out the water and 600+bopd ...... 700-1000bopd expected!
Still optimising the HH-1 setup ready for production too.
Combining Kimmeridge and Protland sections could easily give 500bopd in production and currently no sign of pressure depletion from the huge oil pools.
So much value to be realised and given back to shareholders here.
HH-1 + HH-2z => 1300bopd (est)
Add on HH-3(z) horizontal into the Kimmeridge late this year and we'll be closer to the 3500bopd current planning expectation.
As usual, ignore the trolls and swampies with their small agenda's.
Don't rely on admin to moderate.... they have their own business plan and arguements caused by trolls ilicit more posts..... which is their game. Ignore.
GLA