RE: Tano23 Aug 2022 11:00
News could land here on one of several fronts at any time. Of course inittowinit would rather it doesn't happen as they've had their fingers severely burnt by the Sasanof-1 result and would want to see this succeed. Well almost everyone including myself took a loss on that result. But at just £1.3M Mcap the correction will be big if they pull it off.
"Just one of the offshore gas targets Clontarf is review is estimated to contain a potential gas-in-place of 5 tcf, with a potential 3 tcf recoverable, while 5 prospects - of Jurassic and Triassic ages - have potentially over 3 tcf of gas-in-place. These are tempting sizes at a time of hunger for feedstock to supply expanding LNG facilities."
"We believe that additional funds will be available, possibly again at a premium to the current share price.".....
....."Clontarf Energy is also pressing the Ghanaian authorities to complete the ratification of the signed Petroleum Agreement on offshore Tano 2A Block and is discussing with the relevant authorities in Chad on how to convert Clontarf's signed Memorandum of Understanding on prospective sedimentary acreage, close to existing infrastructure in southern Chad, in a manner consistent with corporate governance."....
...."As expected, demand for lithium, specifications and lithium prices have surged. In Bolivia we hope to conclude a Technical Cooperation Agreement on a systematic mapping exercise shortly. Clontarf Energy did not participate in the pilot plant testing of Direct Lithium Extraction technologies in Bolivia, since Clontarf is a user of such services rather than a services provider. Our proposal is to explore and develop mid-sized Bolivian lithium salt-lakes."