Member Info for Bridges

Tiburn I would not like to say but there is a lot of adgenda here to get the sp down. This is AIM after all. However I am liking the news in the RNS regardless of the placing etc... I think this will get ratified very soon and when this happens then there is absolutely no speculation.

It’s the start of the upside cycle for offshore!!! Happy Days

I remember someone saying that but it wasn’t me. Although I did say I work in Oil and Gas; in Subsea. I have Spent the latter part working on projects in Africa West and East, although I personally out of that geographical area ATM. Although we do have many projects in east and west Africa ongoing and more in the pipe line. We are seeing a big tick up in projects BTW.

That was part of the new coordinated agreement where it was stated we have a biggger block. It extends much further east. I am looking forward to when they update the website and mark it Pan Andean Resources.

Why you posting here BJ you have nothing constructive to say, just nonsense. What are your views on the Ghana oil and gas industry, please share your research on Clon?

You invested ? Did you take advantage of low sp? Why you going on about yesterzdays news. This is how these company’s survive and we can capitalise on it. If you are not prepared to take risk on speculation ( as that is what AIM is) then go to main market; although you may find the same there;) look at Carrillion for example.
Everyone invested in share should DTOR and calculate the risk/reward, address the possibilities and probabilities and have a strategy. If you don’t then you are gambling.

I am sure I heard that in addition to the 6 blocks there were 1 or 2 other licencees already penciled in for award outside that process. DYOR

no mate already loaded up yesterday and day before. I am not interested in short term volatility I am interested in the big prize of BO or JV etc.. I am looking-at the value of CLON in six months time and it is not 2 or 3 million, more likely to be 100s of millions GL.

that produces 100,000 bpd!!!!!!!!!!!!!!!!! This is half of the Ghana production just in this field and we are right next door.
Big Oil is there BTW sniffing around for blocks.
ENI, Aker, Exxon, Tullow, Shell, Chevron, as well as major Chinese and Indian players all want more of the cake.

Will hopefully give more details on the Petroleum Agreement. I believe that CLON have been in consultations and therefore the next step is Cabinet review. The pro o&g exploration Ghana cabinet have no interest in holding this up as they need the industry in order to progress there political ambitions and their country. To get the potential out of this his block they need to act swiftly.
From getting gas or oil out of the seabed they are a long way off. I believe there is a lot of data out there on this block but more studies would need to be carried out to pin point where to explore the reserves.
I don’t think clon will carry this out but will either capitalise the licence via farm in or Jv. OR Buy out. On cabinet approval there will be huge interest and that is where the value is.
Timescales I think this will happen within the next few months before the December recess. Even as short as next month the beginning of Q4 where 6 off shore blocks will be licenced.

This looks oversold

http://www.visualcapitalist.com/size-oil-market/?utm_source=linkedIn&utm_medium=social&utm_campaign=SocialWarfare Bear in mind this is a few years old but a good visualisation of the market we are in. It has enormous potential!! A bit like clon now we have the legal red tape out the way.

Sorry predictive text Was meant to read establish

Managed to reestablisj a good position. Also took advantage of PET dip. Nice :)

Oil sp futures are looking good.

MickR that was the mother of all RNS for clon. CLON have a block that is in the right area and that’s why I bought into it in the first place. I didn’t quite have the heart to sell out completely last time and I don’t like selling for a loss so I sold all that were in profit or break even. I now have a good position and will build on it again. I have been involved in African O&g projects for nearly 10 years and I know the potential of this area is not just a punt. Now clon have got rid of the legal tape this is looking good. That is one big tick out of the way that not many realise the significance of :) GL

It’s in national interest to get exploration under way. Future and current oil price makes this feasible !!!!!

WTF still held 30% of what I previously held after I ditched most of clon. took a look at my portfolio today and noticed the sp! Read the RNS and decided to load her up landlord. This is what we have been waiting for, to be fair I had lost alll hope with this but it’s now game on:)
Bought a few tranches yesterday and today all showing red btw :)
Sit back and wait!

Probability of short squeeze is high it’s just a matter of time ;)

They forward sold into the last RNS spike