focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
It's fair to say now, that we are no longer chasing a transformational deal. The deal we are chasing is a company saving one....but how long do we have left....???
Long ago before the drop when these were trading close to a penny. But I can definitely say as non holder here that I see value here and if funds were tied up I would of bought......you don't get 2 great RNS's like this....
I thought you said news this week.......Where is it???? Traders don't help the share as am sure such people are not concerned with news, more so with any share price increase......bit tired of all this pumping and dumping which is going on lately!!!!
There is alot of positivity here and generally when there is some direct news regarding this it moves quite well. Having seen the same just upon ratification what price do you see this as a minimum????
Minister of Energy and Petroleum, John Peter Amewu, said of the above mentioned figure, 58 applications were valid.
“Out of this 74%, (43) were interested in competitive bidding and 26% (15) were for Direct Negotiation; Two (2) other applications for Block 1 were invalidated. This is because this block has been reserved for the Ghana National Petroleum Corporation (GNPC).”
According to him, the two companies that have expressed interest in Block 1 would have to hold discussions with GNPC for possible partnership opportunities.
Are we expected to hold talks with GNPC.....
Years away????? Really with all the consortium and resources available, what makes you think years??? Can you dwell further....
Has the RNS drawn you inn deeper or you think risk may still be here.....
Where is Lastthrow and SBP......normally would of had some input by them.....
https://www.businesswire.com/news/home/20190212005420/en/Ghana-Upstream-Fiscal-Regulatory-Report-Q4-20918
Contains information regarding the first round along with block 1 but the report needs to be purchased.....
Clontarf Energy owner John Teeling has dismissed reports that the company had recommenced negotiations with the government of Ghana to allow it to explore a potentially lucrative offshore exploration off the coast of the African country......Seriously not playing this down as I have a position here but was researching when I came across this......my understanding was the government had the draft which was awaiting approval. I still think it will come good but don't understand why teeling stated nothing had moved forward when the opposite was stated in September RNS.
There is a mutual desire to complete the ratification process. Our strong preference is to honour as far as possible the terms of the existing signed Petroleum Agreement, adjusting the revised coordinates and any other fine-tuning necessary.
Does it not sound like something may change with regards to the initial acreage......views welcome....