Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
26 looks in sight by Thursday, GLA and ATB.
A 25p lift come Monday looks possible.
Fuel prices excl gas on way up, considering impact looks worldwide and EIA figures looking good for RDSB.
Moving quicker thanks to OPEC , Weather & Political factors, now looks 26 in next three weeks. Who needs Bitcoin and the helper shelter ride.
Get rid of the U.S. Tax Grab , reduce pound v dollar value , expect more oil related upsets e.g. Gulf politics, increase in oil use in Far East, then it's Onwards and Upwards. Expect breakout above 25 in next two weeks.
Finally got an answer so can relax now, that said one more rocket on way to Saudi may change things dramatically.
What will be the effect of the US Tax Cuts on RDSB
Reductions have been effectively managed throughout BP, with qualified groups remain in BP Ops, Construction and Commissioning (Company and Contractor) possibly 90% of the targets set and met by RDSB, As with RDSB I can se BP lifting substantially in the next 8-12 months, GLA , rember DYOR.
If brokers (Deu, J.P. Bar, etc, can see a lift in RDSB that will do me. More investment in Green Tech gives it a brighter outlook, Divi looks good in a market where Cap values are falling, throw in Bit Coin collapse and take up of Shell looks good in med term....at least to the 29+ level. OPEC now helping
Having studied fundamentals before investing I'm now at a loss to understand the fall in SP over past 2-3 weeks, could understand 10% but 28% appears somewhat overdone. Will hang in for divis over next few years and hope for T.O. Which although far fetched is not impossible.
Not many companies around as good as BaB , might take a month or two but can see them lifting 5% over last weeks price, Qulity of there products / services recognised world wide.
Week or two may see a correction, that said 60-65 Bbl is a good possibility thanks to Mid East / geo polics
If 10% market correction takes place in next 4 weeks expect Bab to drop 5% , then in next 3-4 months lift by 15-20 %. GLA do your own research.
See a 5 % lift here in next 4 weeks. May drop initially but looking good.
I believe Misca has it 50% right, further climb in SP will happen if Brent rises, the other 50% will come from gas sales increasing, politics in Mid East hotting up, Competitors Shale ops slipping, script removed, divi increased, GLA and remember DYOR. Think increase still on cards for Thursaday.
Given the continuing situation in Saudi and increase in gas sales can see SP increasing as day progresses.
In the mid 90,s Shell Expro identified the need to reduce Gold Plating, this amongst a good half dozen other initiatives....keeping things SMART....incl. projects, operations and investments, projects needed to return 17% on cap employed to be seen as viable. going by the recent results seem to be well on track, It certainly seemed complex at the time but for many it's now simple in Shell....... as Jack Ma says "believe and it becomes reality" or words to that effect.