Member Info for Bridges

Given location of block if it were my decision I wouldn’t take less than 300m

Sp is what it is, who cares at this stage, only short term traders I guess but I am not a trader but long term investor with a different addenda; therefore not bothered. In anycase you only have a short time to deramp and this will unravel very quickly to the upside. Rumour has it we will not be waiting very long.

No one is insulting you but yourself

Tiburn the Dutch chap is clueless when it comes to oil and gas, he proved that previously and again now.
Business case synergies lol. Ummm now maybe Tano 2a and ummm let me think a bit more, oh yes the irish connection; hang on a bit more, thinking needed ummm ... oh yes Ghana.
Bridges

Probably one of the most underrated and undervalued stock in the junior Oil and gas Sector; considering the Tano 2a asset that they have a legal right to and the potential value of said asset. Once it’s in the open and the deal is ratified then their will be immediately a huge re-rate higher.

Possibly you are right we shall see

Some large trades on PET, I am thinking maybe I was correct? at just over 1.25 / share the PET backers would be able to reciprocate in clon, if that’s what the board want to do. What’s any one else’s opinion on that.
Moreover given Clons 60% interest over 30% PET we should be well over 8m by now. I am also convinced over on PET I think the billionaires are after Ghana. Its in the open the government are in direct negations and it’s in black and white in clons RNS. Given the facts I think we are going to see re-rate sooner than later.

We will find out soon Tiburn.

Direct negotiations on the remaining 2/3 Blocks may have something’s to do with it ; )

Welcome, GL

I believe that we won’t have to wait much longer, news due on several fronts. Timeline uncertain hence why I have been building a significant position here; moreover once we get the Ghana ratification the market cap will increase significantly as we will be sitting on a huge block in a sweet spot (Tano Basin), no chance of getting in at these prices as there will be huge re-rate.

NB: There were successful talks in September 2018, where the PA and revised coordinates were agreed. We have a court order stipulating that we have a legitimate right to Tano Block 2A. The PA has been signed and agreed and approved by GNPC. There is a high profile bid license round in progress and there is a high chance that this will get resolved very soon.

I will be holding until we start to drill them I will take some profit. If we get ratification then exploration drilling could start this year. It’s all good plus we have “good financial supporters”.

Bolivia is also looking interesting and has been somewhat under the radar but this for me is looking promising now with lithium and O&G. The Bolivian authorities are encouraging Clon and clon have made formal application for an exploration / development permit on a number of small salt pans and if successful will undertake a detailed exploration programme.

The two written off Bolivian oil / gas assets carried at no value in the books, as I understand it may be recoverable in some form (could be tapping into the second largest natural gas reserve in South America after Venezuela).

Possibly will be breached this week, just saying GLA

On ratification I am expecting huge re-rate.

Hi mate welcome on board the soon to be mighty Clon. Have been in clon for some years now accumulating. It has been a long ride but it will pay off. GL

Robrob that is a good point. My opinion is there are not that many shares in free circulation and you have Long Term holders with large interests plus the board etc. Any significant demand will equal explosive growth!

Wouldn’t surprise me if after 5/8 we get a same type of placing as PET. The billionaires get their shares at 1.25 and probably the clever mms are forward selling now. At 3p they could sell 1/3 of their shares and reinvest in clon. That would be a shrewd strategy, we shall see how it pans out.

Wraith- interestingly they also state in the same RNS that they have an experienced board and good financial supporters, I think we know who they are now.
I bought more yesterday all shown red, and have a significant holding on Clon.

Clon have legal right to Tano 2A and with deep pockets on there side ie PET backers the Ghana Gov could not risk it :) . I wouldn’t be surprised if what happened to PET is replicated in Clon in the coming days

Robrob on ratification of Tano 2a 20MC will be peanuts

Another 951k FYI shown as red