Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Well Pauly ive told you whst i believe about clon and i see some positives although mindful of the company history..I get your situation and fully understand your frustrations , incould right you a book on my investing ups and downs..But lets keep smiling brother .
One knows...i dont trust horgan and teeling at all and im aware of this being AIM..PAL.Any hint of Ghana being dorted or something in Australia or indeed Bolivian Lithium and a rise in the sp will undoubtedely follow.At that point i will observe the sp and exit...ðŸ¤
Pauly we could get a fantastic sp enhancing rns and you would still be deramping which i find strange as you are ,according to your claims very much under water here on your investment..Do you really believe Tano2 will remain undeveloped for the next 20 years..?
I still think the next news will be Ghana related.
Possible thst a few are kn the know now and are steadily filling their boots here and on Pet...I csnt see Pet having a chance of something from Iraq and ghana will be petrel resources swansong.Teeling is knocking on now and stepped down from clon and bought significant shares from the concert party.He will want a return on that.Maybe a jv company on ghana pick up 30% petrel resources percentage giving teeling a huge payout ..lets see how it unfolds.
So more sells than buys yet the ask has risen all dsy to a high of 0.69 at the clode..Eventually news will come .What thst news is will fuel debate..Ghana for me as we are supposedly behind schedule on the lithium project.
It may be the rises on pet and clon are unconnected but its also possible it is some movement in Ghana...I hope so because it could be more transformational than bolivia at this moment in time.Although i accept bolivia could be a winner too.
Pauly..maybe you are in place to help keep the price low so the in the knows can get in...The company have said they are in discussions in Ghana and there has been some volume and a price rise in the ghana partner petrel resources and finally Ghana want to push their oil and gas industry .All valid points .
All you do is whine about how you have lost out..We've all lost out on investments in the past so maybe you should man up...Are you the serial deramper? It's starting to look like it...Is it a good time to buy Pauly?
Interesting rise on sister company pet...
If it is concerning Ghana I would expect some movement on here in the next few days...
I would welcome some news on Ghana as it would give a possible higher base for any money raise or further down the line for any bolivia news.
No ramp just thinking out loud.
Loud and clear ..Will clon step up to the plate and maybe raise short-term financing for the plant otherwise clon would have wasted the initial investment if next chem don't find the funding themselves...Trouble is what price would clon raise at.?
Just to be clear Pauly .I don't ramp clon as you suggest.My thoughts on this company is every once in a while it spikes as per western gas and ghana and now its the lithium angle..Anyone playing these dpikes and understands nothing is likely to come of these projects makes money .I sold out on the western gas spike but foolishly not at anywhere near the top.The lithium stuff is looking precarious given the company we have a jv with and that has rights to the tech is struggling to raise funding and is behind on the pilot plant and the testing of the brings at scale.
There is potential for a spike on the back of some blarney about signing up with bolivia or others but this I suspect will be shortlived..Ghana would need a deep pockets partner although hints of ratification is another potential spike and western gas has seemingly gone back behind the curtain quicker than it appeared...How's that for ramping.
Looking at the Ghana situation it doesn't make sense that a Ghana that has publicly stated it wants to ramp up its oil and gas industry is seemingly at an impasse in regards to ratifying Tano2.Personslly I belive that our ratification of the asset is interdependent on other companys or a group.I am leaning to it being out of Clontarfs hands and will not be settled until all is in place.Our Australian interests have been quiet for over 12 months now and is uncertain in respect of timeframes if at all.So near term we are dependant on the lithium interest and as some have pointed out it isn't a quick multi bagger but perhaps a gradual longterm hold.That did I expect a spike in sp at some stage.
Market makers can alter the spread to change how a trade is viewed and trades are reported late at times..ive had this happen to historic trades..
When a sp rises the smart money gets out and when it's low as we are seeing now the smart money gets in which is what I believe to be happening now.
Asi..unless you are inside you can't say for sure no news is due...The western gas drill came out of the blue ,outside of the rumour mill so Australia or Ghana are possible forms of newsflow.
Re trading I would wager a large part of the last couple of days trades are accumulations .I doubt all of yesterday's sells were actually sells.