Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Great. Chocks away.
GS
To be honest I've said along that the fortunes of 88e and PANR are actually closely linked . I'm pretty certain they actually want us to succeed as I do them.
I am invested in both. Have tolerated Snot for as long as I could but no longer engage with him due to his absolute ignorance of real facts. He only has ears for himself. He could actually be nice but he simply does not want to be. Let's leave it at that.
GS
Ps - He's just found out what shorting is since I told him 2 years.
08.39
He's missing more than a few inches
ImHO
GS
14.00
Stalker mentioned August as Q3 in the AGM earlier. Although I realise it was not said as a ‘promise’. Clearly that is what they all want.
The sooner they get the contract signed the better. Hopefully get a few more snippets of confident indicators of success to whet investors appetites.
I wish they could just park a zeppelin over a small hole and pipe the helium straight into its belly as a publicity stunt. That would give a 100% chance of success wouldn’t it?
I thought the AGM performance was great. Stalker and Blaise could be getting awards if they make this project a success. Lots of eyes watching this one.
Good luck
GS
Around = ABOUND.
Hot of = HOT off.
07.23
Thanks Astralpro. That Is HOT of the press!. 15 Feb MASSIVE news from TL gov. And that ain't even what we thought was moving the sp. Once the CPR (the clue is in the title, Competent Persons Report) comes in, the new level should hopefully be set in stone while the deal making rumours around.
AIMHO.
Good luck guys.
GS
So I guess the TP selling has put a damper on our aspirations for quick profits here?. My guess is that the expansion/growth is too slow for TP and they have found better places to park their money. However, it doesn't take too much of a business brain to see that they could be wrong to be pulling out. At 6.58m market cap. I can see turnover reaching that level in a few years, and if growth % hits the levels we all predict, there has to be a good case for a rerate on the smallest good news.
Such as..us sales jumping, rave reviews, takeover speculation, UK launch of sales, new markets, new products, jv partnering, new investment partners, high profile interest... the list goes on.
Just my musings to avoid being downbeat. Glass half full.
GS
...has not seen the fact that he is a director of East Star Resources EST.
https://www.eaststarplc.com/team
They have recently announced success with surveys that could transform the company into a development company... bigger fish to fry. Maybe.
Almost certainly not pushed or if he was, it suits him.
For gods sake dyor.
GS
Absolutely love ELO.
You're the man man!
Rock on!
GS
Interesting IG. Thanks.
Also the fact they are farming out. Any news on financials of Farm outs may impact favourably on HE1. How much 3rd parties will plough into the exploration for a piece of pie could be quite revealing as could the identities of farminees by end Q1 2023. Albeit different acreage, it still could shift the SP here if the experts deem the info to be telling of future patterns. Let's see heh?
GS
Just reading the presentation again… summary page 17
“ - Supports commerciality at current rates and product value stream (1) (3)
- Significant room for improvement. Alkaid#2 is only at 40% (max) cleanup (2)
- Sand blockage cleanout to commence shortly...”
Albeit with (1), (2) and (3) footnotes to refer one to the assumptions and risks.
My money is in for the unblocking event, the improvement in clean up and the eventual raising of flow rates to far better numbers than they have now. If it fails, my money may have to stay in for longer, until such time they figure out how to exploit the billions of barrels that they are sat on. Not forgetting that this is just Alkaid! A tiny portion of their assets.
A ten figure sum was offered around 15 months ago. Market cap is a fraction of that now. Yes, there are still risks, but a lot of boxes have also been ticked in the last 12 months. PANR is worth researching and doubters may then see that the value here is pretty hard to miss.
Commerciality based on 137 b/1000ft (produced hydrocarbon mix, not pure oil), ignoring potential improvements, which in my opinion are manyfold. It’s a new field, the first production drill, knowledge growing by the day.
Rig in position - unblocking begins….pay your money take your chance. Could be £1.30 again next week, and quadruple that in a month. Who knows?
Good luck anyhow.
GS
With respect, we should think about the sp rising with regard to the no. of shares in issue. As we now have more shares each year then it is quite natural that the sp does not rise to the same level. Unless of course, our neighbours successful Alkaid/farmout/takeover sets a whole new ballpark for valuations in our neighbourhood. Quite quite possible very soon. Who knows?
Fingers crossed.
GS
Got to say - I love the update from management today and really looking forward to the webinar. It oozes confidence!. So glad I increased my holdings +400% last week.
Good luck guys.
GS
https://twitter.com/BaronOilplc/status/1616021316837990400?t=oWotNUAY1gKcA4oTBvvqLg&s=19
GS
I can vouch for a small buy at 0.5995. I might as well have an annual top up to acknowledge the impending drill fever. I’m guessing the cap raise must be around this price. Could be wrong though.
Having said that, I’ve stuck even more into The neighbours. Pretty sure they haven’t been sat waiting for their pensions to go up in smoke as they are mostly overdue a retirement present.
If they were offered a ten figure sum last year, turned it down, raised close to a hundred million, easily and share price has been almost 4 times higher than it is now. Something must be brewing for the whole North Slope. Gut feeling now strong. But it’s my gut.
Each to their own.
GS
Down 50% across the pond. :-(
Reaction must surely be regarding cash position rather than the operational results? A question rather than a statement. In this case the SP dive could possibly be warranted.
Also, PANR mentioning 88e upcoming drill flummoxed me a bit. So now the neighbours are mentioning each other as 'watchable assets'. Hmm interesting. No? I wonder if they will attend the same New Year shindig?
Really gutted I didn't sell at £1.40 now. Still in profit though so mustn't grumble.
GS
Great 1pencil.
I think this should fly tomorrow, shouldn't it?
I like this bit in particular...
"Huge exhale as the nearly two hundred stocks on the HFCAA list will be removed. The PCAOB noted there were deficiencies found which the auditors will need to fix. The SEC statement focused on the future work and compliance needed to be done. We always believed this issue was solvable though policy error was a risk. Due to the hard work by the PCAOB’s thirty plus members, who spent nine weeks away from their families, the US and global investors are better protected. Chinese authorities should be congratulated for making several concessions to allow these companies to remain listed in the US. Both sides should enjoy the weekend and holiday season!"
GS
This board is comical. So I reckon it deserves this sketch.
https://youtu.be/Ka9mfZbTFbk
GS
Yeah, but volume fallen off a cliff here since EFT RNS. I guess nobody gives too hoots about violent stuff. Try again Epstein.
GS