Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I thought Mike Buck had said previously that following the discussions with PetroChina to did the Heron drill for MATD that they could do the production drills at £1M per well and in pretty quick succession. Not sure if this is the case or wishful thinking on my part.
Just to point out Zen is not an AIM share it's MM. I also bought some shares at 13p on the rise in 2017 but still keep the faith that AC will pull a deal off, have managed to average down to 4.9p so your 4-6p would be nice to have my money back :-)
Anyone else seen this?
https://www.nasdaq.com/articles/australias-zenith-energy-gets-%24100-million-offer-from-buyout-firm-pacific-equity-partners
I am still holding, been in since 2017 at the start, bought on the rise (mistake) and have averaged down but still need AC to get this above 7p at some point before I retire would be nice. There must still be some hope when he is buying, BOD of directors buying and people willing to invest. This is turning out to be a really long play.
Kels, I feel your pain and am looking at a 6 figure loss at present as well. I am happy to wait and believe (right or wrong that some good will start to happen). AC still has skin in the game, we own some rigs, people are still investing and we have a credit rating and some assets. Just need to see some action and some communication.
Hi Bammo, absolutely agree and have been here since Feb 2017 and feeling the pain. Agree with you the Oil is there but as AJ would not doubt say we just need to get it out of the ground, which is certainly looks like we are shaping up to do so.
Hi cj, I would love your 4 average, I have been in from the start and managed to get mine down to 8.5 on over 1m shares, so really hoping they can deliver now. Still confident and super patient, in this for the long game.