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I am not a clon expert mate but you need to do a bit more reasearch and look back further.
Clon are not in the bidding process that’s the whole point. The have a legal right to Tano 2A which is not in the licensing round ongoing. Anyway soz but got to go and drink beer etc.. if you need more info read back on my posts, or Tiburn or gimmiesunshine who are well informed. GL

On ratification clon market cap should be headed towards 100m, there will be high demand for the few shares available. It can’t be guaranteed when this will happen therefore I have been building a nice position like a few other PIs.
Then farm-out and drilling.
Plus we have Bolivia
All good GL

No worries just mho where this is heading. I also think once Tano 2A is ratified we will be in farm out territory not buy out.

Just a recap that the signed PA for Tano 2a that contains the details that were discussed and agreed last September with the Ghanian Ministry of Energy and the GNPC are with cabinet for approval. It is a fact that there is a mutual desire to complete this process.
I am expecting news on this within the coming days maybe on the announcement of the final award of contracts for Blocks 2, 3 and 4: made by 31/8/19.
However, to caveat; Tano 2a block area and Pan Andean / clon are not part of this bidding process and that it is an assumption that Block 1 and Tani 2A will be finalised at the same time.
It makes sense it will. GLA

Sausage fingers, sorry meant Tullow

Thullow have been spending more money on drilling rigs and looking for more Ghana exploration. Kosmos also looking out for more exposure. The devil will be in the detail of the agreements and deal.

Getting ready for the next leg up ;)

No, Ghana need the revenue. There will always be political opposition But the law is on the side of the government

The Tano Basin is proven

Bolivia is certainly an added bonus and is also looking promising if you want an exposure to lithium exploration too. The Bolivian authorities are encouraging Clon to undertake a detailed exploration programme. Plus there has been a statement made by Clon that the Bolivian O&G write offs may come back to life.

Ghana on its own once ratified, Clon should be over 100m market cap; Imho depending on the details of any deal. If clon then go on to be part of a drilling campaign then it will be life changing for many long term holders plus the board of all companies involved. Clon indirectly have good leverage now to obtain cabinet approval followed shortly by ratification; once parliament re opens after the recess. The details I am expecting to be revealed soon.

Good start to the week, imho we should be around 1.5 to 3p by now. GLA

I agree with that Clon are Linked with Pet and now Pet have significant financial clout backing them this will indirectly assist clon in Ghana.

Best of luck mate!

Trolls are out, they must be worried. When this unwinds no chance of getting in at these prices.
GNPC approval. Tick
Tano basin. Tick
Experienced Board. Tick
Legal right to Tano 2a. Tick
31/8 11 days. Tick (although not hanging my hat on this date, goood call icarus69)

Welcome mate

Should be at least here by now, extremely undervalued

It’s a fact

Ghana Awards, re-rate incoming

Depending on how many shares outstanding etc.. but I ageee 30 - 40p. On ratification I would think this will eventually spike to 20p. IMO