Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Genghis
Much good it did, reading all the reposts with that header! I give up, head in hands ... walking away from the screen until actual news!
Just posting a different header ...
Personally, when I look at the way some companies operate, what we can say of Hurricane is that they put significant news in an RNS rather than podcast something every 5 minutes. So they're holding themselves to account. Clearly there is a great deal to be ironed out logistically and financially in terms of planning since the Spirit/Centrica sale was announced. I have no doubt we will hear everything they are able to disclose at CMD and anything they may not be ready to is likely pending further discussions/approval. So far so good. They don't merit the criticism being fired at them and they do merit the benefit of the doubt and some patience at this stage. Further I'd agree with previous posters, re. Lincoln, plus I'd add Halifax and GWA to this, there's much be to planned for and religned - much more upside than downside in the long run, particularly at these giveaway prices.
BFATH
Could you cut it with the snidey Brit bashing comments - no need. Unless you're a Russian troll, then of course please carry on, everyone needs a hobby!
Fandg2,
I would expect them to put safety first so that would seem reasonable to me. We'll find out soon enough.
Sorry 'full' capacity - as weather conditions are a little rough at the moment I wonder if they avoid loading to full capacity for safety reasons?
Cebo,
As I said rough calculation. Let's say tanker's capacity is 600,000.
We have produced on average around 400,000 barrels per month. We're proposing to double output? If that's the case then = 800,000 barrels. You will need 1 tanker at 600,000 + a second tanker at 200,000? I'm not sure tankers run on fully capacity so I imagine it'll be more like two tankers with around 400,000 each?
Densh,
Think we might need two tankers - average offload has been around 400,000, x 2 - that's a tanker and a half. Rough approximation but two tankers would certainly be a welcome sight!
Bloobird
Maybe not but I wholeheartedly agree with the sentiment!:}
Clearly they're not going to permanently cut off the means to make a great deal of money! I have no doubt whatsoever there is and has been a great deal of discussion taking place behind the scenes on this point from all angles.
Fandg2
"Gotta reply from Hurricane re Lincoln being reported P&A
"Hurricane provides regular updates through its regulatory news service disclosures, available on its website. These announcements are made in line with the company’s regulatory obligations and should be your reference point for the latest status of operations, rather than online news articles. The 6-Feb release explains the situation regarding the Lincoln Crestal Well."
My take is the media article is b**locks!"
Precisely and can we all pay attention (as JAdam quite fairly pointed out) to the headings in our posts lest we play a part in promulgating nonsense and hysteria ourselves!
Wellwell
I'll let you off this once for your Crufts comment assuming you're just weary of the longhaul, but am changing the title of this thread to reflect reality rather than the disgruntled momentary lapses of disposition of shareholders!
Wellwell,
I appreciate a certain jaded exhaustion can overcome us all at times particularly when reading about our investments on these boards. I've certainly had my frustrations but I don't agree that Hurricane hasn't been a good investment. I think many of us simply didn't play it the right way. Had we sold on the highs and brought on the lows we'd be laughing now but there we are. There is still a long way to go before it can be ruled a 'bad investment'. Is it the investment that's bad or the judgment of the investor? Hope you have a better day tomorrow!
Wellwell
"HUR is the dog and has been for years let's face it."
I'm quite shocked at the change in your tone over the last few days. Hurricane is and always has been a high risk investment as an explorer and now fledgling producer. What the company has achieved is against all the odds to date. Plans change, things change, Spirit's sale has no doubt thrown a curve ball, as no doubt have many other things behind the scenes that they've had to deal with but can't spend every 5 minutes explaining themselves to PIs. It's not their fault if we make the choice to invest in a high risk aim stock and don't get our expectations met in the timeframe we hoped. It's our fault for making the wrong investment choice according to our needs. This is a long term hold and to start posting on here with titles such as 'Talking of dogs', frankly is disappointing Wellwell. I would have expected more from the tenor of your posts over the years.
Robone
Nothing interesting about Broke Hope's tweets. Pure trash. Hurricane way out of this person's league in every imaginable way.
Longwait
Wouldn't overthink it. Crazy/sane - just another wind up merchant. CMD - 25th March is all that counts.
Dear all
Due to incessant and ridiculous posting you are all cordially invited to take a holiday of your choice until CMD - 25 March 2020.
SPG2
No, you are definitely not the only one! 99% on here would agree.
JayBlu
I'd take anything you read on the British Bulls post with a pinch of salt. It's interesting to look at but more often than not they get it completely wrong. As already noted below, news will obliterate anything the technicals currently tell us.
Daltry
Phew! You just never quite know ... enjoy the sunshine.