Member Info for EAGLEEYES22

Nope

Bolivia

Because news is expected soon.

Lol, what a load of toot.

looks to me like someone picked up some cheap shares today.

Ive been around here alot longer than 12 years and so have quite a few others, I remain very positive with Clon at the moment, as far as im concerned we are just weeks away from some company changing news, all to play for imo.

Certainly seems to have made a difference :)

Gulable, yes quite, and he seems to be spinning the same yarn. However im not being negative, I truely would like to know what investors think he will bring to the table.

Hi All, Just looking at Ross, could anyone please tell me what they think is going on here? and what they feel Tamarz's involvement may be? I have watched the zoom but all hes saying is hell bring something to the table, I cant really grasp what that is and for what reason, Thanks in advance.

Yes totally agree chitta, To add to that, As for investing in other aim companies their are alot that are far worse than Clon, all for its failings clon has stood the test of time and DH has put in alot of effort along the way. I have been expecting news on Bolivia within the first 6 weeks of this year, 8 weeks max, aimo.

On relatively small Volume, I wonder if Monecor have finally left the building?

It seems sometimes you can lead a horse to water but you cant make it drink, anyhow onwards and upwards

After being accused of ramping over the last few months from one or two posters, it seems the penny is finally beginning to drop.

I would say news of a JV is on the Horizon, they are just waiting for a few loose ends to be tide, DH has not issued share options at this point for it to stick around 0.25

Clontarf Energy plc (AIM:CLON), the energy company focused on Africa and Bolivia, has been accruing, and therefore not paying in cash, salaries of the current Directors since 2010. The aggregate accrued liability as at 31 December 2021 for the three longest serving directors (Dr Teeling, Mr Horgan and Mr Finn) is GBP1,340,564. The Board remains cognisant of the need to conserve cash resources in the current environment and therefore these three Directors have agreed to continue deferring payment of this amount, in cash, until the end of 2024.

In consideration for this past and continued deferral, these directors have been issued 3.25 warrants over Ordinary Shares per each 1p of accrued salary due until 31 December 2021 ("Warrants"). The Warrants are exercisable at 0.25p, being a 6% premium to the closing mid-market price yesterday, at any time until 11 January 2025 and have been allocated as follows:

Director Accrued salary Warrants exercisable at conversion
(GBP) price of 0.25p per share
David Horgan GBP569,037 184,937,025
John Teeling GBP395,704. 128,603,800
James Finn GBP375,823 122,142,475

Accordingly, in aggregate, 435,683,300 Warrants have been issued to the above Directors. Any exercise of the Warrants is restricted to the extent that, if by exercising, the Warrant holders in aggregate hold greater than 29.9% of the total voting rights of the Company.

I would say quite a bit sooner than that.

What makes you think the end of March Pauly?

Ghana will happen when it happens, its pretty much out of Clons hands to be honest. Bolivia is a different story a JV there in the new year, will certainly see things change.

Could that be the last of Monecor?

I'll replace hope with 'when'. :)