Member Info for Bridges

Free thanks for sharing that was my understanding in any case. I like his view on things and share his view point on risk verses uncertainty. Covid is and was never a risk, a force majeure event, that has the same impact on the whole market. Covid has exposed some players but not Clon. David is a very wise and intelligent man and I respect him and his decisions hence I am heavily invested here. I like the way he doesn’t over sell that would put me off immediately. A frank, honest RNS what more can
You ask for. Post covid I expect movement in Ghana and Bolivia.

Freeshare thanks for sharing top info ; ) I was wondering about Bolivia; a great prospect hampered by the political situation but it seems they have it under control.

There is an oil bull market/ storm in the making. With the cuts and delayed projects there will be a supply pinch over the next short term period including next year. If we get ratification in the near term then we would be looking good for a return to a bull market in time for exploration of Tano 2. Prelims out soon ... as per usual style I do not expect any hype by the BOD. Ratification must be round the corner! GLA

Very good mate as it is further supporting the Tano basin that is a sweet spot, Where our block also is. ENI and Springfield JV of sorts, this is what Ghana gov wants; I can see their angle but ENI are very shrewd negotiators and have huge experience in Africa; a good call.

Maybe they have no shares?

Rise on its way ;)

Amers not I mate, it’s all about timing. Risenshine called it, spot on. Even though the share price of Clon is down I am still up 50% on 2 % of the company as it stands; cant complain at that but that is not my objective as an investor. I expect we will see some large buys coming into Clon in the coming days. The main market has offered some real value, I have been making hay and so will a lot of others. Attention will be turning to small cap and aim. Insolvency Bill news is a big tick. Awaiting signature from El Presidente, I believe. Correct me if I am wrong but I think doors open again Tommorrow and Ghana will be back to parliamentary businesses. GLA

I was talking generally / globally ie: with relation to oil sp drivers .... of global demand for oil.

Thanks for sharing but a short sighted view in my opinion. Market will recover as soon as the brakes are off the economy which in my opinion is not sustainable. To keep brakes on. The strategy of lockdown is proven to be flawed and needs to re-start regardless of what the risks are. The political world knows this and will not be popular to derail the economy further. The consequences long term on people’s lives are far worse than the amount of people who are dying / dead RIP. For example 250m people will die as a consequence of lockdown in 1/3 world countries as aid will not get through. We are victims of a media frenzy and it’s about time the world woke up and smelt the coffee. My rant over, for now.

Dutch / Rise / pauly I am here just been extremely busy since COVID came along, work wise. Have been getting involved Also in the volatility over on the Brent Crude and Main Markets as these opportunities don’t come around too often with big swings. As for Clon I am heavily invested already here and have bought all I want. 2% of Clon. It’s just a waiting game for ratification now.

Amers the Government break for Easter, nothing will get ratified until they are back .

Well done, you overtook me by 1% GL

Norway looking to slash output
Also BP reducing production

for anyone interested I guess you maybe considering we are into oil and gas.

Three OPEC sources, who asked not be identified, said the emergency virtual meeting planned for Monday would likely be postponed until April 8 or 9 to allow more time for negotiations.

Sources later downplayed the Saudi-Russia row, saying the atmosphere was still positive, although there is no draft deal yet or agreement on details such as a reference level from which to make the supply cuts.

OPEC+ is working on an unprecedented oil output curb equal to about 10% of world supply, or 10 million barrels per day, in what member states expect to be a global effort that will include the United States.

Source Reuter 4/4 GMT 12:58

A lot of sense in those “ramblings” Robrob, good post! Clon takeover PET very possible now and would be a good solution to share-gate because they will never find those fwd sold shares. Almost too far fetched to believe what happened with PET. I think it’s sine die Tommorrow; hopefully when Ghana Parliament come back after Easter we will see progress on Tano 2A Ratification ;)

I agree imo they have been forward selling since 2p, there was a GBP 250k transaction at around 2p... think recently they became a little in the red. The RNS reads well albeit the NOMDAD transparent comments, sorry but it is embarrassingly obvious. To be honest there was no need for the NOMAD comments. The price is being driven by demand due to events unfolding. The insolvency bill is key as admitted under the RNS by the BOD. Today PET also released RNS and can draw a conclusion on an analysis of both that

Long crude position done well and is closed out but will look to re-enter in the coming days if my trade pans out. If not made a bunch of cash on this. Worth keeping close eye on Reuters and Bloomberg.

Message for NOMAD the other one has bells on it.

Went long on Brent and US crude yesterday as soon as I heard this. Oil sp will soon recover. China also buying up reserves!
I expect ratification of at least one block as soon as this bill is signed.

Guys thanks for watching and updating, I did a good stint at that and then had a gut full of it ; ) onwards and upwards from here. GLA

Hey Rise I think we should give you credit where credit is due, you were absolutely spot on!!!

Tiburn some good posts and synopsis about the Clontarf situation.
I understand the British have a history but we do not want to lose this one and should as soon as possible get the economy moving and that is why testing is so important. Test everyone is the answer and isolate the vulnerable. Keep fit, rest and eat well GL