George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
So the 25% rise earlier this week was more than likely the details of the interim results being noted by the market prior to us lowly PI s and the fall back was when the buying pressure wasn’t sustained? Could we see a movement back up again or does anyone think different?
0.333 live to sell on my account
Ghana has been chosen to host the 3rd edition of Africa Oil and Gas Local Content Sustainability Summit (ALCSS 2019) from 9-10 October 2019 at the Movenpick Ambassador Hotel, Accra, Ghana.
Ghana National Petroleum Corporation (GNPC) is the hosting institution of the event with the support of the African Petroleum Producers Organisation (APPO)
The Minister of Energy of the Republic of Ghana, Endorses the event and invite all stakeholders in the Oil and Gas industry in Ghana, Africa and internationally to support this strategic conference through sponsorship, registration of delegates, speaking on any aspect of the theme or exhibit their products and services at the conference.
Surely that wasn't 2 triggered stop losses for 1m and 2m that have also just been bought as 1m and 2m lots?!!
https://www.theafricareport.com/16814/ghana-oil-production-to-double-to-over-400000bpd-in-next-four-years/
"Two blocks have been reserved for the GNPC, which will likely seek partnership with some independent oil companies to support exploration and production"
Its old news - same article 2014
https://agora-parl.org/news/parliament-ratifies-petroleum-agreement
http://www.gipcghana.com/press-and-media/379-parliament-ratifies-petroleum-agreement.html
Article mentions 5 companies but only list 4; wonder who the fifth is......
Who's the CLON guru on here who can explain a couple of things for me?
Just been doing a little back reading and noted the list of the following companies that submitted bid for the 3 available blocks on offshore Ghana:
The original pool of companies that put in a bid for the 3 oil blocks include China National Offshore Oil Corporation (CNOOC), Cairn Energy, Qatar Petroleum, Global Petroleum Group, First E&P, Sasol, Equinor and Harmony Oil and Gas Corporation. The rest include ExxonMobil, British Petroleum, Tullow Ghana Limited, Total, ENI Ghana, Vitol, Kosmos Energy And Aker Energy
As CLONs Ghana subsidiary company Pan Andean isn't even on here, is the whole hope of the award of block 2A resting on the faith that the Ghanian government will honour the past agreement?
Possibly ;)
I'm out of here! What a complete waste of time and funds waiting for this RNS! Unless I'm missing something here but basically, initial 2kg assay results of 17 bags was 48.50g/t and now after testing 17 whole bags we have the grand total of 69.19g/t?!!! So that's an increase of 20.69g/t but 18.4g/t of this was in one bag?!! So the other 16 bags equated to an increase of 2.29g/t! Pfffft, Current gold price is £1247.40 per ounce, 1oz is 28.349g so they haven't even found an extra 1oz of gold in all 17 bags combined! Im out because I can't see what will keep this at current price so will take a gamble that it will now drop and if an opportunity presents itself to buy in again before Timor or other updates, I might do it. Good luck to those prepared to wait it out though
Waste of time writing that for release. It's an update at least but not what I or probably most of us were waiting for. Probably explains the constant tweets about other projects to keep interest away from Creswick as the update was going to be nothing of importance. No doubt this will finish red and the wait to break even continues.....
Too busy regurgitating news on twitter
I'm still a fool as I still haven't sold even though I've said I should, ha! The thought of missing the chance to break even is worse than the thought of cutting my losses before I lose more! I've not got much invested here so the loss is manageable and I'll stay until the RNS and sell as soon as it hits 1.15 to break even or equally, if the news isn't great I'll sell at whatever it opens at
No, that's my point. I would have thought if gold had been found, somebody would have blabbed to someone who blabbed to someone etc....and then we'd have seen lots of PI buys. I'm not on about insider trading as we've seen no huge buys and sells and of course, that's illegal but we'd expect to see a flurry of small buys wouldn't we?
Whoever coined the phrase, 'no news is good news' was clearly never invested in AIM gold exploration companies!! I should have trusted my gut and sold at a loss last week but I clung on to the hope this was going to be a good investment. It's been too quiet here. I keep getting alerts on twitter but they're just spouting out old pieces of info and gold price updates. Anyone have any faith a good RNS is going to land? Surely if they'd found done good results, news would have leaked? 8.5 % drop today and right at close which usually means the inevitable is coming tomorrow morning. Hope I'm mega wrong and I get my 1.15 bid, ha!
Are you serious?!! I should buy shares and hold them when the price rises so others who are currently at a loss can get some of their money back by selling theirs? What a great idea! Maybe I should have just come on here and asked who was down the most and transferred my money straight into their account rather than buying shares! How selfish of me! Maybe you could transfer your holding to some of them so they can average down seeing as though you are already in profit? That would be very noble and compassionate ;)
Who made you I/C of the ECR share chat? Selfish, irresponsible and damn right greedy? Are you trying to say that anyone who buys stock to make a profit is one or all of the above? Are you not invested here to make a profit? I'd say out of these 3 I am definitely irresponsible for investing without thorough research and greedy quite possibly - who wouldn't want to make as much money as they could in the shortest time possible but selfish? How come? Because day traders taking profit stops you making profit? Everyone is entitled to attempt to make money how they deem fit mate. It's the same gamble - invest, hope for a rise in share price, sell when you've made what you want to make or sell when you don't want to lose anymore. That's not selfish, that's sensible trading. I'll happily sell at break even rather than chance more gains against possible losses, you feel free to hold as long as you like for even bigger possible gains. Each to their own