Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Jarv55 why is it then UJO has benefited as well as this FT paper publishing is saying it’s price has been down and down with a good profit that has got 17 mil dollars since the start of production yet it’s price is not reflective of its profit.
Of 10 million pounds in its bank
All down to the Cons Government and when you Vote Labour we will be back in austerity again has it has been proven by very government that has come and gone Labour leave us in dept and the Cons dig us out when we are going well
Money in the coffers we Vote Labour in and the cycle starts again and again
Why Do WE DO IT
Some one in know or heard a whisper or just the gamblers have arrived and are in for a bash
If all goes well soon 360 40% of new top number
or 300 of bottom number at 80 dollars 300 x 80 = 24000 dollars per day nearly a quarter mil every 10 days on the lower number not bad for a one trick pony at present with 1.8 million barrels to go at minimum unless they discover more in or around the well 780000 barrels is UJO cut of the 1.8 mill to come
In 2024 it could be a lot more.
“Our forecasts continue to indicate a robust financial performance and, noting in particular Union Jack’s debt-free balance sheet, shareholder-friendly distribution policy, strong cash generation and undemanding rating on standard trading multiples, our Risked NAV estimate is confidently maintained at 90p/share,” Howie added.
That maybe however they may have a clearance on work overs and starting up after a shutdown due to safety reasons
so as to not incur a problems in the environment with accidents.
We are under rules and laws that must take all into considerations.
Anyway the 11 of this month will they add a little bonus or Share dividend. The 64000 dollar question.
He timing for the drilling of West Newton B-2 has been delayed to the first half of 2024, but despite this, the project remains a pivotal opportunity for Reabold, with the potential to significantly elevate the company's profile and valuation, said Cavendish
Reabold, holding a 56% economic interest in West Newton, is financially prepared for its direct share of the well, estimated at a gross cost of $15 million (£12.4 million) to Rathlin Energy.
Reabold's financial readiness is bolstered by the anticipated receipt of a £9.5 million second tranche contingent payment from Shell for the sale of the Victory asset.
This inflow, expected upon the project's development consent, may position Reabold to extend additional funding support to Rathlin Energy, Cavendish surmised.
The project, located on licence PEDL 183 on the UK northeast coast, is estimated to have an 86% chance of success, and with “little priced into
LOT LOWER THAN YOUR ESTIMATES