Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Those first two Casc wells were drilled with the idea to produce them, so they are dimensioned as a normal production wells.
Offshore they drill skinny exploration holes to go fast and cheap, but pobbly not so much on land.
Nothing confirmed as to spud of Casc 3, but if it isn’t underway already, it will likely be so soon. They did wait a bit after Casc 2 to spud before they announced it on social media.
3 rigs simultaneously.
Here is the link to the Discord - it functions as a Wikipedia and holds a vast amount of information and pictures solely for TXP. Currently over 850 members.
https://discord.gg/wQb6WZu8
They’ve had some time to do whatever they needed to do to finish Casc 2 now, so a spud of Casc 3 could in theory come on Monday. Walking the rig back to Casc 3 position will literally be done in like an hour.
The clearing for B pad and the flowline from Casc C to Casc A facility is completed, or will be completed early next week. Pad B looks cleared, so if there isn’t heavy equipment on site already flattening the B Pad getting it ready for concrete, there will be soon. The flowline routs is 1500 ft, which is half of Coho. Paul told me the actual welding for Coho was completed in 75 days, so figure half that or less. More welders on-site can make things go very fast. Just like the clearing here went faster than Coho.
So Casc 3 in March, Casc 4 or Casc B in April depending on Rio and license sing-offs. If not signed off then just move to B for April drill. Flowline from B to A could be hooked up and commingled with A production in May. The distance here between B and A is about 200m, so a weeks welding if done at the same speed as Coho welding. Totally doable. Casc C online sometime in Q2.
Please don’t post links like that to my Discord.
You shouldn’t write off Royston completely, there is a lot of oil in place, and the permiability and porosity of the reservoir could produce fine with a mini frac and or better mud management. This will likely be revisited in the future.
A lot of people were quick to write off Chinook as well. Kokane target is Chinook updip.
But by all means run around and scream duster if that makes you feel better.
On the Discord of course …… what are you waiting for?
https://discord.gg/y4rPKsT3
Info in the Discord …..
Invite Link:
https://discord.gg/PwsjrJ3Q
And downnnnnn we go. 40p going to give this time.
I wasn’t impressed, sold all my 70 cents top ups. Going to be little news moving forward, and the stock price is going to drift down further plus macro risk. Trinidad needs to get their head out of their ass and push some paper. Perfing in 10ft intervals? WTF, could be a bit more bold than that with 100ft of zone available. Bank needs to get their head out of their ass as well.
Incredibly stupid statement Flappy. There are many LTH’s with huge positions like me and above that are far from underwater.
You can make things up as you go along, but it doesn’t make them true.
ClimbingWooster, you clearly don’t understand the building of a business.
Well, everyday a bunch of cash flows into the accounts is what happens. Maybe you find that boring.
I’m case anyone would like to join the TXP Discord, here is the link.
https://discord.gg/HCeaPBup
You’re not the only one
I asked Luke to knock something’s up and post it in the wiki bottom line so people could easily see the financial case. He did a smashing job.
Dartron is obviously happy following many shares on antiquated bulletin boards and doesn’t understand what Discord is in general, so he can just stay out here with his genuine interest.
You might notice this happens at the beginning of the month, every month.