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-Camp Limite well drilling project: Echo Energy might look into getting a partner to help fund it. It may be a company from local. Could be 60/40% or 70/30%.
-Camp Limite: gas
-Monte Almonde: there's oil, but not that much.
- There might be placing within the next 3 months. Unlikely to fund Camp Limite well drilling but most likely to build up funds again after spending out on de-bottleneck pipe work in Argentina.
-That project won't really be an easy task. But they will get over it.
- After that they need to re-evaluate their next moves and reflect on how it will progress.
- (Past readings) Bolivia: 1 good spot
- Echo will find 2 good spots. Unclear where the 2and spot is 'coz no reading done about location.
3 Were ok, 1 of them to come to fruition
which will be camp Limite and Final Binding agreement with GTL in D future.
everything else was spot including RNS end of Feb ...
will do another reading hopefully 1st March ready for 15th March 2021
Bolivia/ Echo Tarot reading 209 Jan 2021 21:36
Hard start. Plenty of labour pains along the way. They might still need to sort something out. End of story they both get a final binding agreement after a "pause-time" which will be of relief to both of them. However, one might be carrying most of the load than the other. See how it goes, if 5 yrs if really doable. Observing is the name of the game. Could be game changer in 2022/ 2023
This reading fits in nicely with todays RNS and big wells echo has it as to be joint relationship. Farm in with GTLI sounds Good.
Subject to the passing of the Proposals at the Noteholder Meeting, the Company will make a payment to Noteholders of an aggregate of EUR 100,000, payable to Noteholders voting in favour of the Proposals at the Noteholder Meeting pro rata to votes cast at the Noteholder Meeting, to be satisfied by the issue of new ordinary shares in the Company at an issue price equal to the average mid-market closing price per Echo ordinary share for the five days ending, and including, 18 February 2021.
if I count back 5 days will be .73 to .81 ?
TODAYS price Bargain to what they will be offered. better buy in today before it starts to climb
Mr Marky B08 Feb 2021 22:32
Tarot reading 4
Question asked "Will there be a good news RNS from Echo Energy this month of February?"
Answer: Most likely "Yes". And that will be a sign of a good start (of the year maybe?) There might be some inner conflicts, cutting off things that aren't of use or needed. And this will allow some "sprinkles of gold" or good fortune.
Never mind those who dont follow my readings
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=ECHO.L