Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I wish the share price was higher as well....but I seem to recently remember hearing somewhere..maybe Bloomberg...Oil stocks had generally been performing very poorly when fundemdals are taken into account....But of course other sectors such as travel etc ..will be hammered if the price of oil continues to rise .... Hopefully this will eventually be realized by other potential investors / institutions and the oil stocks will become the star preformers...
Apparently missiles fired from Yemen were intercepted by a USA Navy Warship.It was not clear where the missiles were heading but apparently they were on a trajectory North along the Red Sea possibly for Isreal ....This is just an example of how the conflict in the middle East could very easily escalate with unknown consequences and send oil prices well North of $100 dollars a barrel....
I know shareholders wish the share price to be higher...But it is important to take into account what has happened over the last 12 months in relation to Tullow and the price of oil ...Rahul cannot just magic away Tullow's debts in an instance ...Therefore Tullow's fortunes are still closely tied to the price of oil ...This time last year the price was around the 40 pence mark ( + or -) with the oil price around 90 dollars a barrel but by March to July this year the price of oil went sub 70 dollars a barrel briefly on a number of occasions which would have caused a loss of confidence if Tullow would be able to.pay back its debts hence the price down to the low 20s ....Since then there has been a rather rocky recovery in the oil price and hence the Price share price .....The much predicted global recession forecast back in the summer has failed to materialize...World wide oil stocks are dwindling .....And now on top there is the crisis in the middle East ....The. stars are have aligned perfectly for Tullow....
Remember early 2020 when oil was around 38 dollars a barrel and there were a mass of bets against Tullow that the company would go under ?? ...We here we are in late 2023 with oil around the 90 dollar mark and there are still bets that Tullow will still go under .....Tullow is now a much more efficient company operating in a completely different environment where oil demand is still rising ...Long Live Tullow 🙏👏👏
The oil market may have been spooked because Rapidan Energy Group have stated that OPEC might soon start to unwind the cuts due to a fear of demand destruction.... Personally looking at the effect this has had on the price of Brent Crude/WTI today ( assuming this statement is related to today's drop ) ...I would think this would likely have the opposite effect on the Saudis as they will see that even a hint of an end to the cuts in production would have a dramatic effect on the price off oil ..🧐
I remember quite a while ago ..maybe around up to 3 years ago when I came across by chance a Machine Learning A I Algorithm ( on a website ) which was designed to forecast the future direction off different companies share prices ....It had Reabold Resources on its data base ...Back then when the share price was at a much higher level maybe around .50 plus the computer Algorithm predicted a big fall with the share price going down to .10 minus and continuing down to a lower level from there with only a minor recovery in the following years ....At the time I dismissed this ..thinking a machine could not possibly predict a share price and also could the two C E O s be incompetent enough to cause such a share price calamity especially with Victory and West Newton at the time looking such great prospects??....How wrong I was to dismiss this as the computer Algorithm share price predictictor turned out to be chillingly accurate for Reabold.!!. 😲
Heidi you appear to have high regard for these two CEOs but why .?? A while before the Victory Sale they appeared in a very glossy video saying that once the Victory asset was realized the value of the Reabold Share would be unlocked 🔓...Yes they achieved that alright... but not in a way most investors imagined ...The value of the share was unlocked to crash southwards !!!..They talk a good talk but no amount of talking can hide their record of failure ...
Dear Mr Big Banana Bob ...You are posting that Petrotal is unable to break 50 pence ....That is not necessarily such a bad thing at the moment because the share buy back should have greater effect at these levels than say if the share price was more expensive...Also when combining the recent share price movement with the equivalent of a 17 % dividend per per Annum for this quarter ( which you seem to dispute 👉but do not make clear why 👈). this will have an effect for many shareholders as if the value of the share holding in Petrotal had broken the 50 pence level ... 💵💵💵💵
Lets face it ...Most types of investments involving shares carry risk of one type or another depending on the company and/or sector .... Why should be Petrotal be any different ???? There are posters here who wish to point out all the risk but ..Very Conveniently... forget to point out the benefits....Where else are you going to get an equivalent of a 17% dividend for this quarter plus an on going share buy buyback programme as well ??..Please list the long list of companies that can match this if someone here has such knowledge of these companies...The risk investing here have to most definitely be weighed against the benefits ...If it is not good enough then I say risk your money somewhere else...
Nice to see that the dividend payout for the 15 th September is finally displayed on Dividend Max ....It's easy to type in the number of shares held and seeing the payout ,though it may be necessary to do a currency conversion... Accuracy is not a certainty but Dividend Max is usaully pretty good..
Dear Mr Anyoneforcricket...share buybacks most definitely do not waste cash as long as it is timed badly or done in a half hearted manner.. which admittedly both of these descriptions do apply to the UJO share buy back...A company that is able to do a share buy back is usaully in better better financial health than say a company that is issuing shares....Done correctly each shareholder should end up owning a bigger slice of the company...Also junior companies like UJO are often news dependant to substantially increase the value of the share price.The share buy back is a longer running form of news which can help to achieve this aim ..
Yes ..I suppose aside from Fair Value price target most share holders have their own personal target for which they would like the share price to climb to depending on when the shares were first obtained... However should there should be a failure to reach any price target at least an . inflation busting dividend payout.. should compensate for this ..💵💵💵💵
There are post appearing here where some of the long term share holders are happy about the UJO share price crashing back into the teens...Personally I think this is a disaster for the company.. Because if the movement of the share price resembles the movement of a heavy object being dropped from a tall building in order to test for gravity in what is supposed to be a cash rich period for the company, what happens when events or some unexpected bad news turns against the company... Be careful what you wish for ..🧐
Yes ... I think your correct about the negativity...Some of it seems to be connected to the concept of a . Wet and Dry season.. in other parts of the world which is as natural as the tides coming in and out .... Possibly these are investors who go or have been to Benidorm for there foreign holidays and class Benidorm as an exotic climate !!!🏖️...🤯..
Although not directly related the Petrotal share price has been holding up well in what has been a very poor month for many company shares ranging from the footsie 100 down to the AIM index ... Hopefully as the company has very strong fundamentals this will propel the value of the share price upwards in the near to medium future..