George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Cannot sell for 6 months? did you read the rns? 100m+ dump very soon chap Take Care The vendors of Gaelic, who collectively will hold 12.86 per cent. of Reabold's enlarged issued share capital, have agreed to a lock-in period in respect of 75% of the Consideration Shares of six months from the date of issue and thereafter to orderly market arrangements for a further six months.
They drop the ask as there are NO buyers - check L2 or ask your broker - quite simple. This type of structure reminds me of a Lenigas indirect investment model - and we all know how those ended - tail end Charlies these imo Take Care
Yikers the potential you speak of was 1TCF gas - the reality was zip duffer nada dusty rhodes - ask any beaten up EME holder - or look at their chart - so be careful when you state you are hopeful of similar potential here Take Care
Cannot be USA based as the RNS clearly states LIMITED, not Inc. Gaelic apparently does own all the shares in Temporary Oil Inc (what a name lol), which in turn holds the 50% interest in Dero's goat pasture with Sunset Exploration Inc. Some light reading on a current dispute with the County. http://protectmontereycounty.org/wp-content/uploads/2014/09/Trio-Petroleum-v.-County_First-Amended-Petition.pdf Does not pass the sniff test, for mine. Take Care
I will take a look at the other 'assets' but if the strategy is to pick up everyone else's rebadged culls I do not hold out much hope of anything decent revealing itself. 0.65 to sell pretty much tells me all I need to know for now. Take Care
Anyone can google Munroe Swell. Old field, Small field, Heavy Oil, probably completely drained High impact I think not - best production has been 40bbl/d Quite embarrassing this imho but go ahead drill lets see - anyone can pick up others culls and spin a yarn. Take Care
I think Dero must be the wealthiest man in Calif slicing and dicing these 'assets' no locals would touch - to foreign interests - and as I say 'good on him' something may come good but if the past is any predictor of the future - maybe not - I am pretty sure West Brentwood is still a SGC asset so at least expect an rns overnight from them on the ASX? That may reveal who the shadowy Gaelic / Temporary Energy (what a name lol) really are? Take Care
Sacramento basin? I think not - tey the Monterey Here we go Dero Parker strikes again - and why not? Anyone recognise the name? This rag bag of 'assets' has been round the block more than once. Always a concern when you cannot find any data on 'Gaelic Resources Ltd'. Anyway - the West Brentwood was an old Fiasco duster from 2013 Munroe Swell was optioned to XST in 2016 but they aborted during DD Grizzly Island is a wildlife sanctuary - but Good Luck to em all the same but please do some research and Take Care
Pretty simple really didso - California hype added 20p, and the duffers at Dempsey and Tulainyo reversed that. China held promise but now at 5 minutes to midnight on the permit terms, there is no obvious partner, data or plan. Indonesia was a success but needs funding, large licks, to progress and 10% does not excite. All the above were great stories but have largely failed. May see 3p again before any meaningful upside - they gave it a whirl - didn't work out - sp tanks - simple Take Care