Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
PPS69 you are concerned because you are a day trader, perople who bought years ago and are still holding or have increased their position are anything but concerned, oil up is good news, not so good for shorters.
Any time anyone says rights issue!
Is feeding a false hope to shorters.
EBITDA 700m, 700m*6=4200m EV
Debt 2.4B
4.2B-2.4B=1.8B net worth. Same result (discounting Kenya).
"If you think you know more than Wissam Al-Monthiry about Ghana, then that's hilarious."
No Slift, you are hillarious. It's you, who thinks you are smarter than everybody else. And can't do basic maths, again, tell me where in the slides says production guidance is 65kbopd or at what minute did Wissam Al-Monthiry say that production guidance was 65kbopd??? Come on, pinpoint it.
That number should be revisited.
£306m is in pounds sorry, £1.28 (not £0.98)
£306m at 6 times EBITDA would be 1.8 billions. With 1.4 billion outstanding shares share price should be around 1.28$ or £0.98.
The 65kbopd was a number that Slift pulled out of his sleeve, totally made up. We are at 75kbopd and expecting similar results for next year. If not an increase.
Yes the diference is materialized profits and cash in the bank.
Also brent is at 50$ and the whole most of the population from first world countries (which uses oil the most) will be vaccinated by next year.
We can increase production to 80kbopd.
It's 75kbopd.
Not 70kbopd nor 65kbopd.
Are you certain you aren't shorting the stock???
I have a hard time bellieving it myself.
Where is the 65kbopd production guidance?
Tony your negativity intoxicates the SP. Worst thing is you don't know what you are talking about and just relying on what you read from Slift and he is as clueless as you.
NOWHERE in the CMD presentation says 65kbopd, that number came from doing 4*70.000-77.000-70.000 or some other erroneous mathematical calculation from Slift. production in Q1 was 77kbopd in Q2 77kbopd in Q3 75kbopd and the definite number in Q4 hasn't been calculated yet, I don't expect it to vary too much from Q3 (around 75kbopd) and similar numbers for the next year. If you are uncertain about Q4 do your homework and write an email to the investor relations team, and they will probably tell you production is expected to be around 75kbpod and not 65kbopd which Slift hass pulled out from where the sun doesn't shine.
Even though Tullow's management expect 45$ per barrel.
I expect 55$ by January and 70$ by June.
I don't care about your politics. Brexit is irrelevant and if you think any different then you care about politics instead of oil. If so I suggest you leave the stock market because it's clearly not your thing and run for an office instead.
1&2 Based on $45/bbl in 2021, $55/bbl flat nominal in 2022+
45$ and the sun shines for Tullow. Even at 40$ we can survive. Brexit is IRRELEVANT!
Damn right, straight from the CEO's mouth!