Member Info for Bridges

Dnd2136 is miss-leading peeps. I have information from an extremely reliable source that the disagreement between GNPC and Clontarf was resolved through talks in September 2018.
NB the deals specifically being examined are deals negotiated by the previous government such as gas sales agreements for power projects to make sure that they are advantageous to the state.
I am expecting very positive news that will re-rate this minnow significantly. In the meantime we have to put up with negative posters miss-leading comments. GL

Icarus 69 for me it depends on the deal but let’s suppose that Clon get a deal and a slice of Tano 2a in the form of a JV, NB Tano 2a in a sweet spot. Tullow announced last year that their production would raise to 180,000 per day. The probabilities are that in Tano 2a there will be significant discoveries.
Right put this into perspective: UKOG market cap is 72M with around potential 1,600 bpd (I may be wring about this as stopped following ukog) ball park. CLON market cap under 2M but potentially sitting on a share of multiple thousands of bpd. This is back of fag packet but gives an immediate understanding that if this all pulls off as it has been reported that it will do, then Clons Market Cap is significantly undervalued. Hence why I think that if the deal comes off the way I see it is we should be looking at 100m market cap possibly more in the medium term.

Agreed!!!

A mad man is a troll mate ;)

In layman’s terms it means the new legal system is being tested and Exxon are paving the way forward! It seems to be slick process. If you have the time (I don’t expect you have ) but track back on my comments over the last 12 months as this is exactly what I have been forecasting. Exxon had to go first, it’s been progresssing since Oct last yr this is the end game. I am now expecting us to follow shortly afterwards In turn. GLA

This is why we have Strand Hanson on board. Clon changed advisors to gain expect services in this region to get the best deal. Cash payment would not be the best deal imho a JV with %age would be much much more lucrative and why not. Clon were the ones that were in there early and took all the risks and expense early doors therefore they should be balanced accordingly. Clon have a signed PA don’t forget.

Too true, this is all good for Clon, Exxon have shown the way and Ghana has proven it can operate slickly. Our turn next!

Sorry about all the typos am on the go

If they are then they obviously haven’t read the ingredients on the tin nor been watching what has been happening in Ghana. The probabilities of that happening are pretty much zero as Clontarf do not falll into that category gue to the singer Agreed PA and successful talks in Srltember last year. If the government decide to steam roll over there own Laws and in effect break their own rules and regulations then Clontarf could open another law suit, the wheels would fall off for their oil exploration round and it would be a disaster. Rating agencies like IHS Woud rate Ghana down and Big Oil would look at other prospects such as Mozambique. Ghana need Big Pil investment and they need the exploration programme to speed up to gain revenue quicker into their system. Why would they jepordise that?

You got it, been flat out today Harry

We are next. The process was slick didn’t take long did it ;)

Is on the menu today, item number 6. Think I may have that for tea!!!

We should be sitting above 3p already, this sp has severe sp lag and will unwind rapidly GL

Mate i am sorry but on ratification 3p will be undervalued. The Tano Basin is a proven sweet spot and you think in ratification that we will be only worth 3p. If we get a deal we will bevtsking above 100m market cap easy.

Nice position built, patiently waiting for the cabinet approval of the signed PA after successful talks last September. The cabinet approval will trigger huge re-rate along with deal details.

Bolivia is also due news and from what I have discovered there is room for Clontarf.

This share is about to re-rate; as soon as we get the statements of cabinet approval then ratification will follow. See the process on the Exxon deal that is paving the new way it works through Parliament. Deal done signed and resolved via ratification.

Report by committee on mines and energy reporting on the PA for Exxon cape 3 points. Ratification imminent. We will he next ;) GLA

I checked my source today. FYI and there is no change in the contract sancitity issues. As far as Clon are concerned the disagreement between GNPC and clon was resolved in talks in September 2018.

Inevitable storm. There are some strong North winds coming!!!!

The diversified exploration junior. This is what I have bought into!!!!