The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
With companies in at 1300p and having to average down under 100p this can easily move to 500p very quickly.
Development/ update/ progress.
Finally he has confirmeded in the PET rns of development on Ghana! He's also discussed it in the agm like he did for us the other day. Fantastic news!
At the Petrel Resources plc Annual General Meeting, held on 27th July 2023 in the Hotel Riu Plaza The Gresham, 23 O'Connell Street Upper, Dublin 1, D01 C3W7 at 12.00 pm, all the resolutions which were put to the meeting were duly passed.
Executive Chairman, David Horgan briefed shareholders on the Company's projects, including our exploration and development proposals to the Iraqi authorities, and ongoing discussions with Ghanaian and other officials.
Well well I did say didn't i! Brilliant move.
Well 1 year ago we were trading at 50p and now under 13p ridiculously cheap here. Hopefully we get a re rate too.
Watching ITS do 1700% past few days. We can potentially do the same here. We did 1p to 7p in June. We now have money after raising at 1p and back at this buyzone and could move quite quickly to 7p.
With opti over 400% I'm shocked we haven't moved! Insane disconnect.
You are wrong. Recent rns stated: The Clontarf Energy plc Chairman updated shareholders on Clontarf's lithium projects in South America's "lithium triangle", as well as on petroleum projects in Ghana, Australia, and elsewhere.
He mentioned that he discussed Ghana. I didn't go to agm so I emailed asking what was discussed regarding Ghana. He said he discussed potential drilling targets. So as he mentioned in rns that he discussed Ghana he has explained to me what he discussed.
So when you continue to mouth off, I continue to speak with the director himself.
Email him yourself and then comment back throwing accusations again. I'm not here to start wars or spread falsehood. I've challenged you to email and ask the horse himself. If your not brave enough to find out then why comment and act like a hero? I told you I emailed him and he confirmed to me they are looking at potential drilling targets for Ghana. If you don't like that then find out for yourself? Has anyone else bothered to ask themselves? Do it I dare you.
Have you tried emailing David yourself before throwing accusations? Try that then when you find out retract your statement.
It's not fake news it's on the rns and many long term holders in the telegram group have received the same emails from David. If you don't believe then email him yourself.
Looks like news on Ghana soon. David mentioned Ghana and provided updates in the agm for clon today. If you check on the rns it's there. Also plenty have had updates via email with david that he's working on potential drilling targets. Tweet below shows an email exchange.
https://twitter.com/DudleyTrader/status/1679532618247806976
Also plenty of interest building in the media about Ghana drilling. https://energycapitalpower.com/ghana-oil-and-gas-outlook-2023-2027/
David has emailed confirming too, seen on twitter.
https://twitter.com/DudleyTrader/status/1679532618247806976
He said he's working on potential drilling targets. Hopefully get more updates and progress. This is good news finally. Join clongas telegram to see email and discussions.
He said he is working on potential drilling targets. Things are progressing well.
Short sighted traders leaving. This is the buyzone for us long term holders who see the bigger picture and project. Will be laughing when we are multiple bags up in a few months.
As the joint venture's Austin, Texas pilot plant is erected, we are overcoming component supply challenges, and becoming more confident that DLE can be scaled at a reasonable cost, even in remote locations. The detailed process plant-work underway during 2023 is an important input into final plant design
The Direct Lithium Extraction ("DLE") technology developed by our joint venture partner in Bolivia, NEXT-ChemX Corporation (iTDE process), has continued to perform well in processing synthetic brines modelled on the chemical composition of key Bolivian salares. This has boosted our confidence level, and ability to advance to the next stage.
The next step is to field-test our iTDE process for the authorities, on the larger scale (40kg) samples received by our team, with all necessary permitting in accordance with law, from the 5 priority salares (salt-lakes).
The first phase of this process includes exhaustive laboratory test-work, testing several processing sequencing combinations, which is expected to be completed during the Q3 2023.
Based on the volumes delivered, we then expect to conduct preliminary pilot-plant testing at the joint venture's facility, which is now being assembled in Austin, Texas.
Provided this initial pilot-plant test-work yields results as expected, we plan to collect much larger (possibly up to 60,000kg) volumes of the highest yielding brines for full pilot-plant processing. This detailed work may allow us to fine-tune the iTDE process for some or all of the targeted brines, with the objective of high yields, low impurities, low cost and especially a limited environmental foot-print.
Clontarf Energy PLC - Result of AGM and Corporate Update #CLON https://www.voxmarkets.co.uk/rns/announcement/df4cdfaa-d228-4a38-8254-197dc519ba1b #voxmarkets