Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
It wouldn't be a fair competition for the poor lad.
He'd look left and swim right.
Mjf shallow well 155 flowing - they initially use road tankers, no reason to get a pipeline quoted on Bico unless it had decent flow rates
South Yelemes 806 shallow well being drilled.
A5 being drilled then rig moving onto A7... anyone checked A7 for signs of a rig?
802 and 803 being drilled.
MJF being sold.
What's the upgraded share price?
Flawed thinker.
Na, still living the dream.
Thanks for all the fish!
That's not the news just the amuse bouche..
Hold, unless Yr Somm and his long suffering wife and then blow Yr load again... that poor girl.
Flawless,
You can lead a camel to water but the silly chunt drowns in the oil ...
You'll wise up one day.
No one if they have any sense.
What is it Rocketeer always says?
42p
Nice to see out little concert party is all here.
Somm,
In support of Yr thesis the prior update was Feb when rig was being mobilised.
As I understand it these operational updates are written over a time span, so by the time it was written on the 25th March that info could be historic!
It could haven been assembled and drilling at A5 for some weeks.
If it was at T.D. I'm sure they'll take their time to circulate the mud out so not expecting news yet.
If that flows our Divis are back on track.
Mike,
I told you, its your trust issues, they are holding you back ;)
You will see soon enough ...
Wolfi,
Could be, but they usually mention future plans in an RNS and then let the tumble weed grow over it for a few months.
They've covered West Shalva, it was valued and agreed by the Non exec & Nomad, they won't want a consultant pi55ing on their chips and going over that deal.
Sale of shallows RNS said:
The Board has in recent months entered into a number of discussions with potential buyers concerning the BNG shallow structures.
They can play one off against the other so won't need a consultant - again Kuat is ex Banker and a geologist, proven good at negotiating, didn't use one for the last oil field sale of $100m so unlikely he would need one now.
The only time they have mentioned bringing in outside help is for flowing a deep - last Bico tender contract was also for flowing a deep.
3 Months work for £140k ... sign me up!
That was back in February.
Quite looking forward to the next RNS ...
£140k is a decent sum of money for a consultant.
What can it be for?
1.Oil field negotiations
2.Deep drill expertise
They didn't use anyone last time they were going to farm out BNG for 18p, Kuat made the decision to accept and then cancel the offer.
Deep drills - A5 we know has been ongoing since February, is this the success payment to a speciaslist that means it's flowing?
Somethings going on that is for sure and it is looking very positive.
I know i've flipped again, but so has the news flow.
Guess that discounts it being shallows, so deeps or oilfield sale?
Is it shallows, deeps, oilfield sale or all of them?
Whenever it does this price a tion from the lows there is something substantial in the background?
Mike,
It rubs off from Yr Mum.
Mike,
It's your lack of trust that is holding you back...
More like Dior ;)
"Selling before shares available seems very strange"
Forward selling happens on AIM all the time, especially when the stock can be granted without the need of an AGM, then it is a very safe practice as no chance of it getting voted down ( not that there is anyway with CASP ).
At this years AGM they'll put in a headroom vote for them to print a few extra without needing to ask shareholders approval, everyone does it
"Maybe it was a buy from yesterday"
No it was a sell from today, time stamp is within trading hours for today, price was right, everything ties in.
"It won't be the recipient/consultant - the shares aren't issued or available for trading until the 29th."
Look around AIM and tell me what you see ... loads of examples.
Interesting sell of 500k.
Almost as if a trader knew an update / RNS was coming, didn't like it and has dumped, or the 'consultant' has received their share allocation at 3.25p and wanted some quick spending money before the S.P. rerates in a months time.
£140k to advisor ref selling mjf.
Carvers options protected.
Additional Options at 4p
They will all want a large % increase on 4p.
Caspian Sunrise announces the issue of 4,476,923 new ordinary shares of 1 pence each in the Company at 3.25 pence per share ("New Shares") in settlement of certain outstanding fees owed to an adviser.
Nothing on Bico tender or elsewhere.
This fee is for consulting on the sale of MJF, slipped in unannounced.
Yep from a trading view point its good.
No one seems to have raised any official complaints so once this new field is passed we can find out how much we are getting for MJF.
They've given us the bait
" we've been in talks for months to sell some oil fields at a premium"
This is the trade off.
" we want another $15m for ourselves.
Shares are at 4p so assume they want 150% mark up that means a 10p share price?