Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Not halfway through the month yet, 2nd compressor and sidetrack success can still clear the hedge from here. Get into the last week without positives will become squeaky rum time though.
Needs to be a (very) positive reason behind the big drop, otherwise meeting the hedge is going to be very tight now.
Over to Singhie to provide the nuts and bolt details....
If the MMs really want the shares , they need to increase the bid..ludicrous spread.
Looks like it is causing some entertainment, and keeping the MMs active.
Let’s see where it is after the dust settles along with the spread.
At least it has not tanked and the MM are not sure what to do, hence the spread? GLA.
If all these verticals go well it will be honey, marmalade and everything else too.
It has been painful, but maybe, just maybe things are looking up.
Interesting that it is ICON that have let this pass rather than Sting as we all thought Sting would be good. So what have ICON got up their eye on instead?
I had similar thoughts, otherwise as the others have said...what was the point, a wasted RNS.
@asher7, lol, or hacked the data web page?
Has GL been putting in a (much, much) bigger pipeline in on the quiet? (maybe why the guys were not drilling - joking)
The downside being that the well might be empty (guessing) in 3 days? (lol)
@gallder. That'll do.
Yes, suspect there will be a lot of anticipation for the figures tomorrow now.
I was wondering if they drilled too far and tapped into another pipeline.
Looking at the results for most of the other sites, only holford had a big increase from 0.6 to 2.4 between the 12th &13th.
Even if the increase is only vaguely true (up to 0.214 from around 0.16) I will forgive the bombshell RNS in December when we were royally kicked in the nads.
More likely a typo or they have changed how the measure the flow rates?
Also a bit early for a successful sidetrack? which might be 0.214 not 21.4....though I would take 0.214.
Might need VAR to check this?
If true, there will be the mother of all scrambles to buy and sell shares at 8am on Monday.
It would have to be on a weekend….
Having the very same thought!!!!!
00:00:00 13/01/2023 System Entry Calorific Value, Saltfleetby, D+1 41.1600 14/01/2023 12:01:01 L
13/01/2023 00:00:00 13/01/2023 System Entry Energy, Saltfleetby, D+1 243843333.0000 14/01/2023 12:01:01 L
13/01/2023 00:00:00 13/01/2023 System Entry Volume, Saltfleetby, D+1 21.4280 14/01/2023 12:01:01 L
hurray...it has been a tough month, nothing like many would have expected?
depending on how funds are, I am more likely to buy more to average down, but nothing like what I previously invested, but at 6p, I would not need to.
Looks like DDDD do have something of Interest in their portfolio then.
As others have said 6p is better than zero, will there be a placing at some point?
Hopefully the resolutions will be passed and the trials can recommence shortly and help towards recovery.
Here’s hoping for a better 2023.