Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Trading volume 200k and its not even 10am. Lots of buys coming in, great profitable company and can see us above £4 today. GLA
Huge volume 2.5 million already today
In auction!
I can see a buy out on the cards IMO.
Bargain at this price
Was spiked here today so sold at a loss because didn't want to hang onto this for months to come. Getting bored of this wild wildwest AIM market to ge honest. Its a joke. You either sit on a company for years and wait, trade on a 8am open where you can't get in quick enough following the RNS or get spiked over hype. Absolute joke. Might as well get myself to the casino ffs.
You'll be waiting a long time for 5p lol deramper alert
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MMs desperately trying to keep the brakes on this share.. 1430 when the US opens they will have to let it go
This is want happened with Osirium last week. Was up 50% an by mid afternoon it was up 100%.. I can see it happening again.
I agree indie.. strong hold and we should break 10p when usa wake up easily.
It's desperately trying to break out !
Here we go then
Wed, 13th Apr 2022 07:15
RNS Number : 1737I
Cloudbreak Discovery PLC
13 April 2022
13 April 2022
Cloudbreak Discovery Plc
("Cloudbreak" or the "Company")
Cloudbreak Partners to Explore for Oil and Gas in Namibia
Cloudbreak Discovery PLC (LSE: CDL), a leading natural resource project generator, is pleased to announce that it has entered into an agreement with Ultimate Resources Canada Ltd. ("Ultimate") and Masterstroke Investments Pty Ltd. ("Masterstroke") to submit a petroleum development agreement and enter final negotiations for Petroleum Exploration Licence Block 2019 ("Block 2019") in Namibia.
Cloudbreak will act as a financial partner and sit on the joint operating committee giving corporate direction and reviewing technical information. In exchange for providing a financial guarantee of USD $70,000 to the Ministry of Mines and Energy in Namibia for the first phase exploration programme proposed to be undertaken as part of the application for Block 2019, Cloudbreak will be granted a 20% interest in Prosper Africa Resources Limited ("Prosper") which is the holding entity negotiating for Block 2019. Additionally, Cloudbreak is granted a right to participate in all future equity offerings in Prosper for up to 10% of the offering.
Kyler Hardy, President and CEO of Cloudbreak, commented, "This agreement provides another exciting opportunity in Cloudbreak's diversification strategy into the energy sector. The technical and management team we have partnered with has decades of experience in the international energy sector and specifically in the development of early-stage energy opportunities. We believe there could be significant opportunity across the energy sector for Cloudbreak through the deployment of our project generator model. I look forward to working closely with the team on the ground as we begin to realise the potential."
About Block 2019
Namibian exploration for oil and gas is still early stage with several Karoo Basins across the Southern Trans-African Rift and Shear System largely untested. These basins are highly prospective hosts for oil and gas. Initial exploration has yielded positive indications of the mineral potential. These basins are comprised of thick sequences of sedimentary materials ranging in composition from conglomerates to mudstones with observed carbonaceous content, specifically several coal deposits and seams. The interactions of the Southern Trans-African Rift system have played a key role in basin development as intra-basin transfer faults. The same tectonic processes provided the drivers for hydrocarbon development in the region. Block 2019 is a conceptual early-stage regional exploration target with a solid geologic thesis, as such additional data collection and compilation will be required to further refine the target area.
Petroleum Exploration License Block 2019 is targeting the Waterberg basin and is located in central nor
Huge RNS partnership. Buy buy buy
I dunno about you bot bot but no one here wants to wait 15 years for a 10 bagger haha.. plenty other options out there on AIM market. RR has just seemed to be shafted over the years even though its a great company. Medium term might make a few quid and definitely a great long term investment but who has spare cash to burn for that ...
Appreciate the advice many thanks !
When are we expecting RNS 9am ? What are peoples thoughts ? Will we see a rise
I must say at this price I'm tempted to pile into this share bit RR has dept so hesitant