Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
From ADVFN BB:
No, review this comment in two weeks story is the same as interims last year, in fact better as covid is easing off.. Last time they mentioned they had. 111.3 debt, the price held 22p, with the placing at 20p for 30m, and this time, then mention circa 100m debt, clearing 11m. They have many options for cash, raise being the last. You’ll see institutions step in, and fundings partners at this price. 1.1b revs and growing. I know some took shorts on IG, but I can also say they closed by over 60% yesterday… the ones who didn’t, will be toasted imminently on an update..
For now, the board appears to be optimistic that a financing solution will be found. However, the jury is out on whether McColl’s will be rescued in time. At the time of writing, its stock had fallen almost 15% and was trading at £2.04 ($2.73).
https://capital.com/amp/will-mccoll-s-mcls-be-saved-from-its-pandemic-woes
For now, the board appears to be optimistic that a financing solution will be found. However, the jury is out on whether McColl’s will be rescued in time. At the time of writing, its stock had fallen almost 15% and was trading at £2.04 ($2.73).
https://capital.com/amp/will-mccoll-s-mcls-be-saved-from-its-pandemic-woes
McColl’s financing challenges confirmed
Weekend media reports highlighted that convenience store operator McColl’s Retail Group [LON:MCLS] was struggling to fend off insolvency fears. A statement issued to the market this morning provides an update on the situation, noting that the liquidity headroom secured at the end of last year was absorbed as a result of product shortfalls and a decline in footfall in the run up to Christmas. The company notes that two year sales growth of almost 6% has been posted in the 11 weeks to 13th Feb and there’s confidence that a revised banking package can be put in place. Should this fail, then other options are apparently available, although a wholesale offer has been withdrawn.
https://www.thearmchairtrader.com/bp-mccolls-retail-group-and-batm/
Last placing was 20p...... Looks over done!
Further to the Company's announcement on 12 August 2021 regarding the proposed £35 million Capital Raising (the "Launch Announcement"), the Company is pleased to announce the successful completion of the bookbuilding process for the Firm Placing (the "Bookbuild"), which has now closed. The Company has conditionally placed 150,000,000 New Ordinary Shares at the Offer Price of 20 pence per share (the "Offer Price"), raising gross proceeds of approximately £30 million. The Offer Price represents a discount of 31.03 per cent. to the Closing Price of 29 pence per Ordinary Share on 11 August 2021 (being the last Business Day before the Launch Announcement)
https://www.google.com/amp/s/oilprice.com/Energy/Crude-Oil/White-House-Quietly-Calls-On-US-Oil-Companies-To-Increase-Production.amp.html
White House Quietly Calls On U.S. Oil Companies To Increase Production
By Julianne Geiger - Mar 01, 2022, 12:00 PM CST
In a move that likely angered his environment-conscious base, the White House has issued a muted request for U.S. oil companies to increase crude oil production in the wake of high crude oil and gasoline prices.
Though words are different than deeds—and President Joe Biden’s deeds have been decisively anti-fossil fuel expansion—a White House official told U.S. oil companies on Tuesday that they could increase production if they want.
· Eurasia has no bank accounts with Russian state-owned banks.
· The Company also has no relationship with any Russian state-owned banks.
· Eurasia's production (palladium, platinum, rhodium, iridium and gold) from the operating mines is sold in the domestic market at prices with a market discount to the LME prices fixed in USD, while the costs are mainly fixed in Roubles, whereby a weakening Rouble exchange rate has a positive impact on the bottom line of the Company.
https://www.investegate.co.uk/eurasia-mining-plc--eua-/rns/no-impact-from-the-new-sanctions/202202250700087864C/
Interview confirms production oil & gas news RNS this weel.
Watch the video:
https://www.proactiveinvestors.co.uk/companies/news/974848/mosman-oil-and-gas-complete-construction-of-gas-network-to-further-build-production-profile-974848.html
Mosman Oil & Gas Ltd's Andy Carroll tells Proactive London it has completed construction of the gas network which will allow for the sale of gas from the Winters-2 well and Stanley-4 wells in east Texas.
The system will be tested over the next few days and well production flow rates will be announced once available, the company said in a statement.
https://www.mosmanoilandgas.com/sites/default/files/27-1-21%20Research%20Report%20MSMNFINAL2021.pdf
Oil & Gas Research
Non-Independent Research
*Paid for research, MiFID II Exempt Mosman Oil & Gas*
MSMN LN BUY: TP 0.42p
20 mins onwards..
Mosman Oil and Gas recently released a dramatic increase in production figures and has updated the market of developments at exploration projects concerned with Helium resources.
https://ukinvestormagazine.co.uk/barclays-rio-tinto-and-rising-rates-with-alan-green/
The UK Investor Magazine Podcast is joined by Alan Green as we explore UK equites and key market themes.
-Rio Tino
-Barclays
-Mosman Oil and Gas....20 mins onwards..
-Blencowe Resources
The number next week are important to market Cap as stated by the city boys!
Mosman Oil and Gas
@Mosmanoilandgas
“With the gas network in place, it enables gas production from Winters-2 and Stanley-4, and other wells in the area. I am pleased to see increasing production volumes and cashflow, especially while gas price is strong.”
John W Barr, Chairman
#MSMN
12:26 PM · Feb 24, 2022
https://twitter.com/Mosmanoilandgas/status/1496823828181364737?s=20&t=ETzNrqDZd3nhOCWaDB46qA
https://www.proactiveinvestors.co.uk/companies/news/974848/mosman-oil-and-gas-complete-construction-of-gas-network-to-further-build-production-profile-974848.html
Mosman Oil & Gas Ltd's Andy Carroll tells Proactive London it has completed construction of the gas network which will allow for the sale of gas from the Winters-2 well and Stanley-4 wells in east Texas.
The system will be tested over the next few days and well production flow rates will be announced once available, the company said in a statement.