Commercial and Shareholding update 22nd September 2022 22nd September 2022
Further to recent updates, the Company is pleased to confirm that its licensing deal and separate sale deal for the DaaP are both in place.
There will now be a short pause whilst certain arrangements are finalised. This will include a further update confirming the agreed sale price for both transactions and the number of shares in issue.
We endeavour to update as soon as we can and look forward to a beneficial conclusion for all shareholders in the near future.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com.
Cuda resolved. RS Report confirms the massive find. Another milestone ticked off with this report. It just confirms my confidence in the company and where they are headed. RBL next hopefully, then drilling. In this for the long term and the massive returns that will surely come our way.
This board is an embarrassing shambles at the moment - Pages and pages of constant bickering and infighting which totally drowns out any useful information. Please stop...
Made some good money on this back in my early days of investing but was also caught out by the suspension and still have about 60k shares sitting in my Hargreaves Lansdown account. I'd written this off many moons ago but am interested in the story of how it ends.
The Company is delighted to confirm that all terms have been finalised and concluded with a major multinational technology business for its licensing deal. Financial settlement follows during Q2 2022.
The Company expected negotiations to release the value of its remote monitoring DaaP to be completed by the end of Q1. It has nevertheless made significant progress and has strategically aligned the timing of the final conclusion of these negotiations to tie in with the licensing deal. It is confident of achieving a beneficial conclusion to maximise shareholder value.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com.
Jesus, if you cant wait a few weeks, months, years for life changing potential growth then you are in the wrong game. Were Tesla/Apple/Amazon grown to where they are now in a few weeks? Unbelievable..
So we've had about a month of trading in the 30-40 range now an feels like a base has been established at pretty much double the recent lows of mid to high teens. I know its frustrating not to be higher given the potential we have with our assets and opportunities but I suspect that if we start to get the predicted good news flow coming through soon I think the share price will just start to snowball. Each piece reaffirming the monster potential and building more and more confidence. CPR has the most potential to boost the share price in the near term (if it meets/exceeds expectations) but I'd rather see some steady movements upwards from good Q4 results/Good CUDA outcome first so that the CPR has the maximum effect on the share price. If the CPR doesn't disappoint the we could head north VERY quickly as there will be inevitable speculation of a major taking some kind of interest/JV etc. I really think tjis is tgecalm before the storm that could be life changing for many of us on here.. Good luck all!
RE: Can you feel the breakout in the air7 Feb 2022 10:08
Same here - I want to shift mine to an ISA but Hargreaves Lansdown don't do it at the moment - They advise selling shares, waiting until the money clears and then buying them back. Not ideal when massive news is so imminent. :(
Oil price increase = $ billions for us4 Feb 2022 09:08
If you look at the price of WTI on 10/1/22 when the major discovery was made it was $78. Today it's $91 - an increase of $13
If you were pretty conservative and said that c.300 million barrels were recoverable from the possible 1.5/1.9 billion barrels mentioned in the RNS, then just the INCREASE in the value of that oil has risen by over $5 billion!! Staggering numbers... (hopefully my maths holds up to scrutiny!)
One day of being slightly down after a significantly positive few weeks and all the bed-wetters come out moaning and making claims of placings etc - Comedy gold. The astonishing fundamentals of this companye are plain for all to see - Ignore the nonsense, look at the bigger picture and see where we are in days/weeks/months to come. GLA