Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Love a positive post but we need to be aware that Zama is now delayed and our major partner Pemex don’t have a “pot to miss” in and they own over 50%.
As always time will tell and the tie up with Talos and Dlim is a huge bonus?..
Also we are currently making hard work of getting to £2.80.
With oil and gas where it is and the feeling that we’ll get the deal over the line I would hope for close to £3 or just above.
Is it fear of the deal going pear shaped?..personally given the due diligence done I’d be very surprised if it didn’t go through.
More importantly I still don’t understand how we best much bigger companies to the spoils? Have we had our collars felt?. I hope not….
I get the logic that’s been laid out but in reality speaking from my experience… It’s nonsense.
When we were in the FT 100 last time and the share price more than halved.
Will this time be different… Let’s hope so…..
I saw that as well. Just wondering if Talos is selling as it just doesn’t add up, If Total is buying just to please the Greenies or is it something else.
Linda was clear in the presentation that it wouldn’t earn us money like oil and Gas but would be a consistent and reliable income….
Perhaps she’s just thinking long term….
https://s201.q4cdn.com/120347489/files/doc_presentations/2024/Mar/2024-03-18-Talos-Energy-March-Investor-Presentation-v8_FINAL.pdf
Https://seekingalpha.com/article/4678753-carnival-strong-profitability-expected-in-2024
I think you spot on Steve.
That’s exactly how I read it…
Roughly 709 million for Harbour in total.
https://www.energyvoice.com/oilandgas/473506/harbour-energy-gets-approval-for-3-3bn-tuna-oil-and-gas-project-in-indonesia/
What was wrong with Ventura?..
That’s some lofty valuation. Not sure if they have been smoking something….
Certainly could do with a lot higher than here.
I also wonder which area they will exit as we don’t have the money to go big in all the area we have.
Which are the best tax regimes and the most stable. Where do we get the biggest bang for our buck?
Https://indonesiabusinesspost.com/risks-opportunities/skk-migas-to-conclude-russian-soe-divestment-in-tuna-block-by-2024/
Latest news… Looking more Promising…..
This was from July last year. Hopefully someone wants their share and we can get cracking…..
“Russia’s state-owned oil and gas operator Zarubezhneft is working on an exit plan from Harbour Energy's Tuna oil and gas project offshore Indonesia — the UK operator has cited difficulties in working with its Russian partner because of international sanctions against the country and its corporations.
“Zarubezhneft will farm out, it is being processed. Of course, Harbour will [need a] new partner, but we do not know yet who will that be," Benny Lubiantara, a senior official at Indonesia's upstream regulator SKK Migas, told a press conference, Reuters reported.
Zarubezhnefts' decision comes despite Moscow maintaining close ties with Indonesia, which did not join the international sanctions that were introduced after Russia invaded Ukraine in February 2022.
Indonesia is thus not on the Kremlin's list of more than 50 nations that it describes as “unfriendly”, with bank payments and other transactions between the two countries remaining outside the restrictions passed by Russia in response to the sanctions. Russia also maintains scheduled flight connections with the Indonesian capital Jakarta.
In March, Harbour acknowledged that Tuna’s development has been impacted by EU and UK sanctions “which limit our ability as operator to provide certain services to our Russian partner in the Tuna licence”.
“We are working with our partner to reach a solution to enable us to progress the project in 2023,” Harbour said at the time”
Sorry Koko,
I’m not following. I saw your earlier post just want to know why.
Is it one of the reasons I said earlier or have we been seen off and paid far to much…
Time will tell but either way it leaves their morals and ethics in the bin.
Thanks Ancient but like your name both lots of news are……lol… Only teasing…
So the question of the weekend has to be WHY?
Why have BASF and Letter one decided to ditch all their oil and Gas projects due to wanting to align with the new green world yet keep the direst worst ones in Russia..
Honestly it nothing to do with Double Standards or Money..lol
Spin a coin and your answer will be just as good.
Time will tell but charts are backward looking generally and Carnival have loads of positive momentum and nothing negative at the moment.
Ships full.
Higher prices than ever.
More add ons than an ever.
Big debt reduction.
New ships.
Record forward bookings.
Momentum leading to results.
You pays your money and makes your choice….
I guess it depends on BASF timescale.
Don’t forget they have done it before and Alexandra touched on it in the questions last week…
Thanks Kign,
Very good points. My question I guess are which I know can’t be answered:
Why did the manager to buy Wintershall when lots of other big fish were sniffing around and said no. Has that resulted in us paying to much which will affect dilution and share price.
All comments I’ve heard point to BASF getting off the bus very early. How will that affect us for the next couple of years?.
Just a bit of Sunday debate……
Can’t help but wonder about dilution when we have 921 million new shares issued.
Just thinking of the manipulation when we had EIG and the other one looking for the door and events like yesterday with a 15 million sale and nothing happens either way..
Another thought is that Harbour have made it very very clear that BASF won’t be hanging around with comments like .” As long as they remain shareholders from Linda and Alexander talking about Buy Backs when questioned about BASF which could mean the share price is stuck whilst these monkeys get off the ship.
I’m still a big believer in Harbour especially having Slim in bed with but think the subject worthy of discussion…Especially by our friends who are good at numbers..
Just to start discussion…
What one headwind is there that could cause Carnival a big problem?
What one tail wind could benefit Carnival the most?.
Headwind for me is Donald Trump getting elected in November.
Tailwind is the worldwide move from Package holidays to cruising.
Any thoughts?….
I always get confused about Gas.
So I know we have UK Natural gas which is up about 6% today and trading at 66p but what other Gas markets do we trade on mainly..
Thank you
NSS
Argentina is a pretty special place for Wintershall and now us,
We have our new project Felix coming on line in November which will give us over 20k of new production per day and last a very long time.
We’ve been there for 45 years and area very significant supplier of their Gas.
We produce about 66k barrel of oil equivalent so no small beer.
https://wintershalldea.com/en/newsroom/pi-23-33
https://wintershalldea.com/en/where-we-are/argentina
Here’s to doing the deal……