Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
However, he did blow his own statement, later in that same presentation, saying on a recent very lucrative investment, if I had held out for another few days, would have made another $200m, we should all have his problems. 😂🤣😂
Hedge, so right, my old mate Ned the worlds greatest ever investor, states do not believe anyone and DYOR
Ignore everyone, including me, set your own targets and if you achieve YOUR target, you can not be disappointed, no matter what happens next. (tanks - surges again)
warreN EDward buffett.
That's simple Tower if S.A and Namibia as big as thought, will fly past Boil, in the meantime, Tower has 30mbo on a discovery , the drill appraisal for production not a wildcat hence the 90% cos, Boil has 2 discoveries awaiting appraisal drills in 2024, Dunrobin over 200mbo (66mbo to Boil) and Chuditch (shell had over 5 tcf boil only played with part of the license) Boil part catch up 3.5 tcf , so 500-850mbo/e and own 75% of it, with upside leads on both licenses
30mb v 600-900boe discovery - not what is suspected in the ground , still to be proved up by exploration drilling. 😉
boil remains low due to local politics, so at the mo its more like 66 v 30
Good signs noted yesterday, normally our secondary market AQSE naff all volume, like Thursday aim 327m aqse 5m, that changed Friday aim 472m v aqse 57m , aqse being 12% on top of the aim total, traditionally, when boil about to move that ratio rises and when the billions+ share days hit, moves up to 15-25% of the volume, a lot closer yesterday.
On the LSE link on previous post, note the
Turnover (on book)
£8,065.50
that figure on most shares daily routinely runs from nil - hyphen to low hundreds, or a grand or two, again yesterday that figure was much higher, when the last big surge occurred (on news not charts) we hit billion+ share days with a record high of 5.2billion , AIM 4.2b AQSE 1.05b, the turnover figure on the real lse running £15-£25k routinely, hitting max days
of £30-£35k
Friday we saw the start of the same pattern emerging, Higher AQSE volumes and real LSE Turnover figures. 😉😲🤑
Next week could be fun time, will the trend continue
1700-1730 is the slot most shares have aggregate spreads reported, sometimes a single on here RobB our resident IG spreads and responsible for tipping over into TR1's with his holding, often, as he was a good lad, reported just made £40k £60k trade, and up it would pop hours later in that slot, other times within a much larger print total.
Before the real LSE had a recent revamp of its TRADE printing (never label) these trades would be flagged ECHO XOFF
at the end vice AIMX AIMX , venue of execution and publication, alternate venue and published OFF Xchange. 😉
They now only use one flag vice two and this one fits the bill - flagged XOFF, real LSE reporting ,scroll down ......
https://www.londonstockexchange.com/stock/BOIL/baron-oil-plc/company-page
Presuming Andy B and his LOCAL crew had a presence at the event also 🤔
This event brings together hundreds of businesspeople from Australia, Brazil, Brunei Darussalam, Cambodia, China, South Korea, Philippines, India, Indonesia, Japan, Laos, Macau, Malaysia, Myanmar, Netherlands, Qatar, Thailand, Taiwan and Vietnam, as well such as LOCAL businesspeople, members of the Government and National Parliament and representatives of governmental and non-governmental organizations, development partners and diplomatic corps.
During the three days of the forum, discussions will focus on the key sectors of agriculture, tourism, oil and GAS, and mining exploration.
Posted on that yesterday Filthy, quite an array of countries involved, lets hope as it ends today, someone has a YEN for Chuditch (Woodside Japan mou) and Yuan never know, they might have a bidding war with China 🤣😂🤣
http://timor-leste.gov.tl/?p=35196&lang=en
This event is jointly organized by the Ministry of Trade and Industry and the Chamber of Commerce and Industry of Timor-Leste (CCI-TL) and will bring together approximately 200 entrepreneurs from the ASEAN region, Asia-Pacific, Australia, and China, as well as Singapore, Japan, China, Thailand, Indonesia, South Korea, and Brazil, along with local entrepreneurs.
The full one on the Gov Web, translates easily from Portuguese
http://timor-leste.gov.tl/?p=35243&n=1&lang=pt
Record to beat AIM 4.2 billion v 1 billion AQSE, that happened on the last major news, of something that MIGHT happen, we are now expecting catalysts of something ACTUALLY happening, imagine the crazy day on that news drop 😉😲🤑🤑🤑
Familiar pattern started, as said yesterday when some cried leak, volume on the AQSE naff all 5m, when something about to or happening on Boil the AQSE , ramps up to 15-25% of total daily volume, yesterday Aim 327m Aqse 5m, today so far
Aim 401m v 54m Aqse
13.46% of aim total, getting there, If it looks and walks like a 🦆, its a news coming. 😉🤔
Looks like everyone and his dog attending.
This event brings together hundreds of businesspeople from Australia, Brazil, Brunei Darussalam, Cambodia, China, South Korea, Philippines, India, Indonesia, Japan, Laos, Macau, Malaysia, Myanmar, Netherlands, Qatar, Thailand, Taiwan and Vietnam, as well such as local businesspeople, members of the Government and National Parliament and representatives of governmental and non-governmental organizations, development partners and diplomatic corps.🤔
At the end of his speech, the Prime Minister asked the participants of the International Business Forum to “think about the power of adaptation, innovation and cooperation to invest in businesses that bring income and make the Nation proud” and to remember that “the future is in our hands, and we can transform it with energy, innovation and cooperation”.
Xanana Gusmão stated that the Government is working to “diversify the economy through the development of productive sectors (agriculture, forestry, livestock, fishing, tourism, oil and minerals and manufacturing industry)” and “promote private sector investment, which leads also to the substitution of products that can be produced locally”.
The Prime Minister, Kay Rala Xanana Gusmão, in his speech, stated that “this Business Forum promotes the debate of ideas and solutions which is, as you know, the first step towards creating any business and entrepreneurship opportunity”, “not only for Timor-Leste, but for our entire region, considering that Timor-Leste is creating conditions to be a more active and dynamic economic partner, particularly within the scope of joining ASEAN and the World Trade Organization (WTO) ”.
The Ministry of Commerce and Industry and the Chamber of Commerce and Industry of Timor-Leste (CCI-TL), are organizing, from 23 to 25 November 2023, the International Business Forum, with the theme “Discovering Blue and Greens for Sustainable Investment”, at the GMN Multifunction Pavilion, in Dili, with the aim of promoting economic development and establishing partnerships.
This event brings together hundreds of businesspeople from Australia, Brazil, Brunei Darussalam, Cambodia, China, South Korea, Philippines, India, Indonesia, Japan, Laos, Macau, Malaysia, Myanmar, Netherlands, Qatar, Thailand, Taiwan and Vietnam, as well such as local businesspeople, members of the Government and National Parliament and representatives of governmental and non-governmental organizations, development partners and diplomatic corps.
During the three days of the forum, discussions will focus on the key sectors of agriculture, tourism, oil and gas, and mining exploration.
Charts for ickle small risers , for traders, wow Zak 0.14, beat him hand down last time , he had a year of god knows how many rises coming, most did not, I simply stated the real high (always MC never sp) was now 0.17p and when it breaks on NEWS not charts, its BLUE SKY.
That after the latest dilution is an MC of £49m , or now sp 0.26p, last time it broke the high and did another 100% on top, on the prospect something might happen soon, this time that would be , break 0.26p 100% 0.52p
So positive news, that should be the target initially, remember ceo has , depending on various factors , he sees Chuditch worth 1.7p - 3.7p on its own.
That previous rise on , something might happen, would expect a much better response , if something IS HAPPENING.
Be that Chuditch or the lonely forgotten 200mbo plus upside Dunrobin 🤔😲🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑
Https://www.towerresources.co.uk/wp-content/uploads/2021/02/Algoa-Gamtoos-licence.png
earlier post 13:31 oops the other comparison map 🙄😂
With prospective investors/jv/sale, also having the opportunity to view data themselves (at a price) Processing has advanced leaps and bounds due to Amazon, those in Boil, would be aware, next door Woodside re ran its entire 3200 sq km 3d in 12 hours, then follow up analysis, CEO at the time Mark, quoted, this will save 6 months to 2 years on our projects.🤗🤩
Amazon's AWS service, since advertised to the world, number crunching computer power if I recall , Mark said the equivalent of a stack of laptops 4 km high 😲
Meanwhile Boil spent another 18 months snail pacing just 800 sq km or the same survey. Big boys do not have to wait on anyone these days and they can afford to pay for a quick look at the data themselves, if they choose to. 😉🤔
One of my other shares, CGG filled some gaps, then TGS did all historic 2d/3d in its new 2D Cubed, which presents just like 3D, in support of the countries bid round, mostly offshore licenses 3000-4000 sq km each, and 50,000 sq km in total, two individual companies, obtained the some of the data and re ran parts of their own areas, meanwhile TGS advertised the entire 50k sq km, as already available at a price (included licenses not in the bid round) and pointed others to London based Zebra, who ran the data room for prospective investors in the bid round license area's.
Anyone know if South Africa have a bid round coming up? 🤔 likewise if this not specifically for us, JA might be able to get selective data of primary lead/s area/s , from those companies much cheaper than footing the entire bill for a survey of our own.
Location on the two maps, does appear their in the right area🤔
CGG is proposing to undertake the seismic survey under a Reconnaissance Permit for which it has also submitted an
application to the Department of Mineral Resources and Energy (DMRE).
Https://cdn.sanity.io/files/b0ecix6u/production/dc90df840c9d864269693901fcb0bbeb9b8c4366.pdf
https://cdn.sanity.io/files/b0ecix6u/production/dc90df840c9d864269693901fcb0bbeb9b8c4366.pdf
CGG survey and Tower web map
CGG probably next to Norway's TGS, in having massive world wide Seismic database's, not always done for Individual companies, often regional on behalf of the Countries Ministry.