Member Info for Chitta123

They might have sold enough to get the initial investment back and keep the rest for the ride.mrT

Great post Blackstout.it is rare indeed to get such an imformative post with no other Agenda than to sensibly discuss the present state of affairs concerning Copl.

It was myself that suggested there would be no major contract wins and significant movemenrt in the sp until the judicial review concludes..Todays news is welcome news but i dont see it having any real effect onthe sp and any rises today will not last...lets see.i have been invested here for a long time and still maintain this year will see a major revelationand sp rise

Some of the sp predictions are ridiculous at this stage .There is a long way to go before we get to 1 pence never mind the crazy suggestions.There does seem to be a lot of potential on three fronts which makes it a little less risky.

Eagle .we are also assuming they want sell all their holding..it msy well be they get their cash back with profit and then leave the rest for a free ride.Its fair to assume that they are more in the know yhan whats in the public domain

My first timeline is the aussies finishing the sell off of their placing shares.If the newsflow continues and is favourable ,buying without the aussie supply of shares would create the scenario of demand without sufficient supply and an obvious sp hike.I still think ghana is pending and a monetising of part or whole of tano2 would provide the financial clout for clon to utilise the poyential joint ventures technology.In Bolivia its obvious the lotential from the tech but our joint venture could be utilised in other jurisdictions.The tech has to work and proving it up over the next month or so might hold things back sp wise although i would envisage that they already know the tech works and only need to be able to submit evidence that it can be used at scale ie on large quantities.
An anslogy could be making home brew beer or a large brewery, the process is the same and if it works in someones back bedroom it can work in a large warehouse size facility.

In my view after the JR hearing the FID will quickly follow and money issues will be resolved.

I still think ghana will have a big influence on clons future.it may well be the asset is monetised with someone taking the majority stake and clon keeping a small percentage and pets 30 % taken over.Tano2 is smack bang in the middle of proven oil and gas assets and it is of no value to ghana sat idle.The technology for the extraction of lithium would be useful in other jurisdictions not just bolivia..A percentage of that technolgy would be huge for clon and i suspect the chinese will be courting clon in Bolivia unless the yanks step in..The auaaies still offloading yet so be interesting to see how volume reacts and of course the sp once that concludes.A large pay day for ghana would enable clon to court the bolivians.

Wonder if Arts done a placing.?

10 million .haha...sold them all according to you...re ghana 6-8 weeks would take us to the end of march so come back then and judge it.

Or even BIGGER ????

Shame you sold out asimpleinvestor apart from your mot money(your words).I called it wrong, i thought it would be a few more weeks yet before big news but maybe that will be the case with bugger revelations to come.

Some quite large trades showing up.

Jabido .thanks for that .i believe once the JV is completed we will have a relatively quick resolution .

Last summers contract.
Who can forget J woods comments that developments concerning the gas storage project were far more important than rhe HMS QUORN contract.
By the time the judicial review is decided it will have been 10 months or so since JW ,s comments.I wonder what he was talking about so prematurely .Maybe it was developments around the FID and who was to be involved in that FID.

Looks like its going to be montised.Odey can make more on his investment elsewhere .i predict we will see a resolution before end of H1

Thebrecent raise was a specific amount and it willnsurely be for specific things.The shares are being moved from aussie to another entity and not to private investors ie the general market .I say this because who would want to buy those shares given sentiment towards clon

Testing .yes fair play .apologies if it came across wrong .i was more alluding to whatever is behind any rise must be related to something else.

Si Derman .is that your best shot picking up on a posters spelling .Its obvious the content of my post touched a nerve.Review.Is that better.

Logic says the rise is nothing to do with RMN.Clearly.