Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
50p
Long term this is definitely a buy all day long, government will step in RR is far to important on a global scale it just depends where the bottom is here and timing your buy in price i will defo be scooping a few up GLA
Absolutely, possibility of airlines pushing back orders to a later date due to huge reductions in flights across the globe will have a major knock on effect here imo
Expetcing share price to be sub £3 in the coming weeks as a result aswell as with the ongoing Trent 1000 issues then there was the incident over Rome where an engine ejected metal fragments over the city that is yet to addressed and an official explanation given on the cause!
https://www.rnz.co.nz/news/national/411595/caa-grounds-21-helicopters-over-safety-concerns-with-rolls-royce-engines
More bad press
This is worrying on top of the trent 1000 issues, maybe RR should have there own engineers repairing and overhauling there engines. This is all going to cost time and money to put right again question is who will be paying for it all?!
https://www.google.com/url?sa=t&source=web&rct=j&url=https://s3.amazonaws.com/oilmoney/CACHES/IMAGES/2017/11/27/10:59:04/Acep_Report-LICENSINGCOMPLIANCE.pdf&ved=2ahUKEwiS3NqoiZ3iAhV8SxUIHRonBO0QFjAGegQIAxAB&usg=AOvVaw1Hvdcu3xv8NESD7gC2xhi7.................. nice pdf report to download and read on licencing compliance, a good section in there on the pan andean/clontarf/camac tano block situation and where we find ourselves today plus all recommendations on improving the licencing process etc very informative read!
https://www.cnbc.com/2018/03/16/ghana-is-about-to-have-an-oil-boom.html
https://mobile.offshoreenergytoday.com/og-exploration-is-back-deepwater-attracting-most-attention-report-says/........good news for the industry aswell deepwater exploration is attracting attention, happy days we could get taken out by one of the big boys if we are successful with the ratifiction process! We wait in hope ;)
Clontarf, Petrel shares surge on good news from Ghana September 17, 2018 Oil companies Clontarf and Petrel saw their shares spike on Monday following news on the resolution of a long-standing issue over an offshore block in Ghana. Clontarf shares, which on Friday closed at 0.20 pence jumped over 200 percent to over 0.60 pence a share, while Petrel Resources’ shares surged over 66 percent reaching 3.25 pence. The two oil companies issued separate announcements on Monday saying they had resolved legacy issues with the Ghana National Petroleum Corporation (GNPC) regarding a contract for the development of the Tano 2A Block. Clontarf said that “all legal proceedings have been withdrawn and the Company looks forward to making further announcements regarding the Petroleum Agreement in due course.” David Horgan, Clontarf Director, commented: “We are delighted to report that all outstanding issues have now been resolved with GNPC regarding our Tano 2A Block. All legal proceedings have been withdrawn so, after normal consultations, the next stage is for the Petroleum Agreement to be sent to Cabinet for review. I look forward to providing further announcements as appropriate.” Background Back in 2008, the Pan Andean consortium in which Petrel now holds a 30% stake agreed an exploration license over block Tano 2A in Ghana, however, the agreement was never ratified by the Ghanaian National Petroleum Company as there was a dispute over a part of the block for which the consortium claimed was its acreage. Pan Andean is a Ghanaian company, owned 60 percent by Clontarf Energy, 30 percent by Petrel, and 10 percent by local Ghanaian interests. Following delays in negotiations, the consortium then launched a court proceeding regarding the issue, which it says it later won. However, the consortium then decided to amicably settle the matter out of court and moved to discontinue the court matter in July 2014, and discussions have been held to amend the area for exploration and production. Also, in a separate development, Ghana invited the consortium to apply for acreage in the deeper part of the Tano basin, which Pan Andean accepted. In September 2016, the consortium was offered revised Tano Basin acreage coordinates by Ghanaian officials, which the partnership accepted in principle. It then took two years for the parties to reach the final agreement, as reported on Monday. Offshore Energy Today Staff..... sounds to me that ghana are still friends with clontarf? All were waiting for is ratification of the new acerage they have been offered as in the article above! Just waiting for our turn in the que now....:) DYOR
Yes i have seen previously Bridges how fast clon can rocket on news, made some good money here last time there was a big rise...ridiculously low Sp when you compare it to BPC that whent from sub 1p to 7p on news of farm in talks alone! On ratification alone who knows where the Sp could end up?! BPC are still sat at 2p now, with a problematic government to deal with to boot, and its fronteer exploration! Ghana is a proven area with regular oil and gas discoveries, with a government thats fully open for business and moves fast to complete deals ;-)
Clon getting alot of publicity over on twitter, looks like were on the radar of investors...nice 1mil buy just shown up aswell :)
Have a feeling that once ratified things will move along very swiftly here Bridges ;-)
Possibly the best oil share on aims if we get that licence back? An area allready produding vast amounts of oil, infrastructure all in place, discoveries being made one after the other, pro oil government, and now developing the potential onshore oil field at tha Voltaian basin!!! Endless positives here ;) DYOR....https://www.energy-pedia.com/news/ghana/onshore-oil-exploration-in-the-voltaian-basin-yielding-dividends---president-172829
Excellent website aswell, clear information on all licensing areas and players involved...
https://www.ghanapetroleumregister.com/contract-areas......if you take a look through all the blocks awarded the Ghana National Petroleum Company GNPC have taken a percentage stake in nearly every area awarded so the government are heavily involved here and want a slice of the pie across the entire area £££...all good should be no obstacles in the way for CLON to make progress?! Lets hope theres good news soon
Excellent, things are warming up :)
Have they named a company or have they just given the ok for that licence area Bridges? Then maybe allocate it to a specific company next?...https://mobile.offshoreenergytoday.com/clontarf-petrel-shares-surge-on-good-news-from-ghana/...according to the petroleum register what was originally part of pans licence next to kosmos ans tullows jubilee field has now been awarded to Springfield...im guessing to the south of agm's licence or to the south of kosmos and sprigfileds blocks in the deeper waters could be the area pan have gone for?
https://mobile.offshoreenergytoday.com/clontarf-petrel-shares-surge-on-good-news-from-ghana/ According to this article, pan (60% owned by clon) applied for acerage in the deeper part of the tano basin...so if that area has been ratified then maybe we could be up soon for getting the nod ;) fingers crossed
On my IG trading account i can set upper and lower price limit notifications on my phone and i get a message once the price limit i set for a share is reached...I also have an account with HL and cant find an option to allow me to do the same on there??? Does anyone know if you can do this with HL...thanks mono