Member Info for Pauly80

Yannis although we have not always seen ‘eye to eye’ I have seen you long enough on this board to believe you when you say you have an email from DH.

So on that basis that is a positive indication but by no means a guarantee that they are one of the 9 companies.

However it certainly is a positive indication and let’s hope and pray that we can finally get some good news so I can end my misery and sell on a spike.

Each week I try and look for any updates on Bolivian or Ghana news. I found this article about Eni discovering Oil and Gas in Ivory Coast and it frustrated me because Ghana is losing out each day it delays.

https://www.africanews.com/2021/09/03/authorities-in-ivory-coast-announce-major-discovery-of-oil/

For years I have been reading about Ghana's 'URGENCY TO MOVE FAST' and yet it moves slower than a snail. How sad as it is likely to have worthless resources soon. We all could have benefitted had they ratified the agreement but a combination of their own bureacracy and corruption as well as probably having little faith in Clon has created the current situation.

My own view is Ghana ratifcation is a dead duck but in order to avoid any possible legal action the Government may not make a decision for a long time.

Of course I hope I am wrong but no news, no RNS, no rumours makes sad reading.

There is a lot of justified frustration here which is natural after people have invested money in good faith and feel cheated and disrespected. It is easy for misunderstandings to occur so Yannis I meant no disrespect.

My point is I hope and pray something good will happen. It would be devastating for me to lose such a large investment (for me anyway) and hence I am worried.

My point is that even if DH is in Bolivia it doesn’t guarantee they are one of the 9 companies. I just hope one way or another we find out who the 9 companies are.

If I remember correctly a decision was made on July 1st and the 9 companies needed to sign MOU’s. it’s coming up to October and we are now 3 months in and I wonder with all this take about ‘fast track and urgency’ how long more will be??

I must admit that I am quite worried at the moment. Price is dropping no updates and we know that these BOD are crooks and very much deceptive people.

It would be heartbreaking to lose such a vast amount and I sincerely pray that doesn’t happen.

Hard to know the truth as don’t trust a number of tampers here, but hope it’s true that DH is in Bolivia. If he is not then we are truly rodgered.

If he actually is in Bolivia it doesn’t necessary mean it’s a done and dusted deal. It may be a desperate last minute attempt to excert some pressure.

Either way as much as I despite these crooks I am hoping for a 1% success rate in 15 years and pray this is the one thing they can achieve in working 15 years.

As I have always before it literally is DO OR DIE for Clon. If we don’t get Bolivia then forget your shares and consider it a write off and move ion (a lot harder in reality I know, but we can try) . A number of rappers will send the same reply - ‘what do you mean they will die when they are fully funded for x amount of time’.

What people forget is that it’s no real benefit to us shareholders if DH and BOD pick up the wages for x amount of time. It will just maintain their lifestyle.

Bolivia is NOW OR NEVER.

I must admit to feeling quite uncomfortable with this drop. I can’t remember it dropping this low and hope good news out very soon. July 1st to now is approx 10 weeks and surely by the end of this month should see all winners announced??

How long does this process of singing MOU’s take?

As for a response to your message eagleeye I am shocked to see your positivity. To have money tied up here for 20 years and have a share worth 0.28p after all that time and being positive is a complete mystery to me.

There is no doubt that there is incredible frustration on this board and I completely understand why. We have people that have been invested here for many years (like me) and our hope and patience is wearing very thin. You have some newbies here who are trying to look at any ounce of hope and then considering it as a 'fact'.

I have lost hope in the board and have wasted many many years reading these posts. But saying that I will be the first to pop over a bottle and scream with excited exhaustion if by any single teeny weeny ounce something can be pulled off, have no doubt about that.

What the newbies don't understand is that this BOD has fed us with so much misleading information based on rumour that we initially fell for it and in my case fell for it time after time.

DH has been terrible. He probably has an email reply ratio of around 5% so those lucky few that get replies may be pleased. However nobody ever has had any meaningnful reply that I can remember except for stating he in in Bolivia which is relevant and the timing certainly is interesting.

I would like to start another thread of conversation. It does seem like a possibility that Clon may be one of the 9 companies selected (though I don't know how as they have a track record of achieving NOTHING in 30 plus years).

Let's say by a miracle selected what do you actually think it would do to the SP price? I mean after all they would be only chosen to participate in a 'pilot programme' so there is no commitment or guarantee they would be selected to move ahead with this long term.

So on that basis would be expect a small SP rise to say .60 or max 1p? Ghana is a different beast but is probably dead in the waters. If that did happen I could see a much larger jump but in my opinion very very unlikey.

Well if he really is in Bolivia then I agree it is a positive sign indeed. It’s been Speedo 10
Weeks since the decision was made for the 8 companies and I would have expect all documentations are signed by the respective 9 companies and maybe a few meetings required to iron out a few issues.

I normally don’t trust posters or the BOD, but if the news is true then it is a positive indication and makes me a bit excited to know a spike may be in the cards. I really don’t know with this company but fingers crossed

Thank you eagleyez for your incredible posts full of facts and positivity. I appreciate you well researched posts and encouraging others to invest based on evidence, research and the incredible job the BOD have done over the decade.

I will take out a loan and invest here based on ‘your feeling’ which means everything to me and gives me incredible confidence.

Not likely. DH is a complete clown. One of the most lazy and incompetent BOD’s i have had dealings with.

He is known not to answer 90% of emails and the small 10% he does to, it’s normally a criptic vague one liner which makes little or no sense. Good luck anybody else

Bitcoin - can you ease up on your non stop ramping on every board your on. All I keep hearing from you are baseless claims and tells us all a RNS is expected with big news. I don’t know how many times you have said this and how many SP predictions you have given based on ‘your gut feeling’.

You continue to Ramp nonsense and I can’t believe how many people see to follow you. All your ramping despite this share dropping 30%.

I don’t mind ramping but constantly stating about a big RNS coming any day is getting rather boring.

I am not quite sure how much credibility DH has. After all this guy has been spinning yarns for over a decade and so far not achieved anything other than keeping the company going so that he keeps getting his wages.

As I have said numerous times, if we are not chosen as one of the 9 companies we are virtually a dead duck company.

Yes people keep saying we are waiting for Ghana but that will take years of not be cancelled.

Wraith - it’s been going down for years and if it is confirmed they WE ARE NOT one of the lithium companies chosen then we can expect it to go down further to the 20’s.

Yannis - I hear you but hope you can see what I meant about rampers coming out from nowhere, even when there is nothing to report to try and create some hype i.e ‘watch this space’.

I am not sure how long it takes companies to sign all agreements but would hope it’s not more than 2 months. So if a decision was made on july1st then I am expecting by sept 1st we should have confirmation in some form. However I am
No expert and it may take more time.

I am desperate for news and hood news of course. However even if it’s bad news I would rather be out out of my misery and know the TRUTh either way as the BOD has kept us hanging on and filling us with lots of rumours for over a decade. I need closure.

When somebody finally accepts the reality of something it’s sad and devastating. I understand why so many people choose not to face the reality of something and try to creat hope even though it’s false

After being here for many years I now realise what hopeless company this is. Completely clueless amateurs who are hardly doing any work and simple using it to pay their wages.

Despite the best efforts of shareholders the company has shown complete disregard to them and responded like a flippant and immature child.

No miracle can save this share or company. It’s DEAD. I have lost my retirement money in this and there is no point in selling.

I hear you loud and clear. It’s a complete farce and somehow they have been getting away with it for so long.

I find it amusing when the sp drops and not much happening it’s deafening on this board. As soon as the sp rises even if it’s 1% all the posters come up remaking like crazy, criticising genuine holders and talking about’ ‘news brewing’ and ‘news leaked’.

I will not respond to rampers or those that have too much time on their hands and want to try and get some attention and provoke others.

I stand firmly by my previous statement. If we are not one of the 9 companies then this company is a DEAD DUCK with Ghana apparently years away despite all the hype about changes in Ghana.

Clearly on this board there are many freinds of hype master Tony Belviore. Sad state of affairs.

Clon is a small boat drifting into the unknown and as time goes by it drifts further and further where at some point hope is lost. We are very close to that point after drifting for a decade.

Not going ‘done off a cliff’? We were hovering at 0.60 for some time so I think going done by 50% is close to going off a cliff.

I am assuming you re new to this board and over the coming weeks more people will be joining as usual.

The issue here is not just that we are awaiting an RNS but in fact we are desperate to have an RNS where it is confirmed that we are one of the 9 companies. If that is not the case this Company is a dead duck. They have been remarkable in filling us so long and keep hiring about rumours of ratification or agreements.

The next RNS is a do or die one.

Ghana’s Finance Minister Ken Ofori-Atta warned last week that the country could be “left with stranded assets,” if it didn’t accelerate exploration amid the transition to renewable energy. According to BloombergNEF, nine of the world’s largest international oil companies sold $198 billion worth of assets from from 2015 to 2020 in a bid to decarbonize for the long term.

Surprise surprise. Ghana has lost billions because of their snake paced bureacy. had they worked at normal speed and ratified agreements they would not be in the sire position they are in. I am pleased Exxon mobile moves out as that message should hit home. They need serious urgency and I hope that they will urgently ratify Clons original agreement .

Every week they delay, it will cost them so much.

No quite sure what that has got anything to do with Clon's current position Eagleeye. Seems off topic and mot relevant.
Gulable I don't think the Pet board is the only one that has deafening silence!

What has been going on with PET is nothing short of scandalous. How can a few people completely destroy the future hopes of so many? They are aware of our moans and complaints but happily go about their business as I know we cannot do anything.

The way DH wrote his response was arrogant and patronising. He showed a complete disregard for all shareholders.

I have learnt my lesson and am full of regrets of not selling out at 24p. I was so sucked in at that stage that I was waiting for £1 plus as all the posters had expected.

Nonetheless less as bleak as it clearly is I am hoping for 1 final accidental miracle where I can see on a spike even if it means I claw back 50% of my losses.

I came across this article and though it is nothing new and has been spoke about for years, I ‘hope’ that the Ghana government can stop working at a snails place and speed things up. Whether they ratify or decline it we need a decision either wAy. With a30% stake in Clon it may impact sp which is getting closer to rock bottom

Iraq looks a complete mess and I cannot envisage any significant deal taking place...ever

https://www.hellenicshippingnews.com/eyeing-energy-transition-ghana-plans-to-speed-up-oil-exploration/

Frightingly quiet here.....where has everyone gone?

Anyway from time to time I trawl through the news to try and find any glimmer of hope. Without it I would be rather depressed.

I found this and although it’s nothing new and I have been hearing this for many years now I do hope this is different. Time is ticking for the Ghana government and each week they delay they are risking losing billions of potential revenue.

https://www.hellenicshippingnews.com/eyeing-energy-transition-ghana-plans-to-speed-up-oil-exploration/