Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
A bruising few years for SAVE if true.
'The agreement fell after the South Sudan government disapproved of Savannah'.
https://www.eyeradio.org/south-sudan-inks-deal-with-u-s-firm-to-acquire-petronas-shares/
You'd hope China's interests and presence in country would stop things going too far.
Go back to the days of having to email someone to register! This system clearly doesn't work.
Happened in 2021 but they later gave a link to the video. Will they do that again?
Disappointing.
The Ministry of Petroleum South Sudan facebook page has a post about Andrew's presentation. Very brief write up says he highlights two main problems for the country
- problem of power access with most areas outside of Juba struggling
-declining oil production due to low investment.
"What this country needs more desperately is foreign investment and it is very important to devlop a very strong private sector".
No mention of socks. Saving that post for tomorrow.
Updated to include him presenting.
https://www.flickr.com/photos/energycapitalpower/52979170165/
Some photos on the conference's Flickr page show AK at the gala opening.
https://www.flickr.com/photos/energycapitalpower/
Thanks Zengas.
AI are also now reporting the Energy Minister's visit to Komé;
https://www.africaintelligence.com/central-africa/2022/12/22/savannah-staff-threatened-with-expulsion-over-exxonmobil-deal,109876267-bre
Reuters now reporting it as well.
I'm long SAVE and believe in AK, but have concerns about the recent speed of growth. The scale of acquisitions gets bigger but also the scale of complexities. Let's hope this can be resolved sharpish.
There's a vox interview with Justin Waite discussing today's RNS.
Urraca, Ak said in his overview the other day that +$1 on the oil price meant a $2.5 m increase in income.
Thanks Komakino- beat me to it.
Hi Oakey- section 13 Additional Information - covers Litigation.
Working through the admissions doc, I notice that as well as Isatou Semega-Janneh, former NED Mike Wachtel has also filed an employment tribunal claim.
They're playing you like a fiddle Dusto!
Nobody cares Dusto. Sell your holding when it relists.
They're mocking you now Dusty. Can't type the RNS for laughing.
OaW, I don't have an answer to the good point you raise, but pertinent for SAVE is what AK mentioned in yesterday's podcast as a 'just transition'. Defunding O&G is all well and good for majorly industrialised nations, would it stand up for a country like Niger? It'd be 'unjust' to deny countries the chance to develop and the benefits it would bring to the people.
It would be interesting to put to AK in the next q&a.
Interview with Malcy is on Youtube..
'Actively working through' Chad transaction.
'Very shortly' should have new gas customer announcement
Hopes to give a chunky update in October.
Thanks for that QD, so they did! I don't recall that RNS.
Well, maybe it happened... Have to say I've not known a Q&A be subsequently cancelled. Was a holder at the time.
QD- A genuine question; when did they previously cancel a Q&A? Is that true?