Member Info for Risendshine

How amazing! Yesterday, when just about everyone on the forum was expressing their frustration and/or disgust at the way this has dragged on for over a decade with as yet unfulfilled promises, there was a real sense of rebellion in the camp. It was then I was thinking to myself "the only way this will be able to keep people onboard is if some hope was injected into the situation; and, hey presto!! The price leaps 35%..... isn't life full of co-incidences? Or maybe I'm just psychic...... or maybe, .....nah, surely not :(

Pauly, I feel for you and I know you have waited loyally for years, as have I, waiting on this coming to the promised fruition. Personally, I have decided never to sell while it is down, even if I need to go down with it. However, what I have found to be extremely good for my portfolio is cripto currency. I would highly recommend it. I have had a 34% yield since Feb. You will get easy access via an app called eToro and I think bitcoin, Ethereum and ADA (Cardano) in particualr will be a great hedge against approaching inflation rises..... I say this from sinserity and wish you well :) x

Doesn't take much at all to move this SP up but without good news it will just keep drifting back down imo and I've been around a long time :)

The exciting part of the RNS for me........"we expect to deliver a healthy revenue and cashflow from this asset during the 12 months from 1 April 2021, building considerably in the years thereafter.

This is a robust and comprehensive mine plan which has been developed using rigorous technical parameters. On behalf of the board I believe the plan set out to shareholders today represents a benchmark for us to deliver on over the coming years in tandem with our broader expansion plans at Baita Plai and across our wider portfolio." :)

I can tell you why this hasn't moved with the other lithium plays. Peeps have been in and out of here over the tears in response to a potential ratification of the Tano 2 Block in Ghana (next to the Jubilee claim). After many falls alarms peeps have been reluctant to get in until real news comes. So, after ten years of that for me it is a wee surprise to see peeps coming in on the potential lithium claim...... You are right Davies regarding this moving fast. If there is one thing I can say for this share it is that it moves fast and far for very little reason GLA :)

Yes, the potential is certainly there and has been for a very, very long time. But the analogy I would use is that the light is on, there is a car in the drive, I thought I seen someone at the window some time ago, but no-one will answer the door. I am beginning now to wonder, is there is anyone home at after all lol :)

Flurry of buying on here today; someone know something I don't?? :)

I really didn't expect to get my average this low on here, again! The slightest rise and I am in profit. Done not too badly out of Clon but a nice RNS sending the SP up again would be the icing on the cake. Can't see it rising again without real news....you never know on here though :)

Welcome back Harry. As I began reading your post I was thinking I would bring you up to speed but the information and calculations you shared were more than I had for you! Its a tough one but in the past I have held long term then gave in and regretted it...what to do, what to do? :)

Hi A Dabbler, I did wonder if Clon, being an Irish Co. may need to make some changes to their constitution now that the UK has left the EU and Clon. is registered on the LSE. That would indeed require an EGM. Surely though, even Clon and their record of not informing share holders of pretty much anything else, would not just call an EGM without putting out an RNS, surely not!!!! :)

....thanks Pauly. If you do dabble in crypto currencies its worth taking a look at what ADA Cardano are doing ;)

I honestly hadn't sen it before Pauly and hadn't realised Clon seen that block as currently and literally theirs. It makes it sound like ratification is a formality! Your totally right about the BOD though. It's as though we don't exist. I have been dabbling in Crypto Currencies; very interesting and very lucrative indeed!!

.....this on the website before!
"Clontarf Energy has 60% of the Ghana Tano 2A Block – a 1,532km Block, close to four recent discoveries by Tullow Oil plc and Kosmos. We await ratification of the amended Petroleum Agreement by Cabinet and Parliament, in accordance with the law."

Thanks Pauly, always good to hear your views and I share in some of your frustration, the BOD has certainly been inconsiderate regarding us share holders, to say the least!

Bridges I am sure will be back at some point and I have found in the past he usually reads back on all the comments on his return. He had pledged to see it out till the end but then expressed concern that the elections may go the other way. Whether he wavered on his earlier pledge, he alone knows (who could blame him!) and he will share it if/whenever he wishes I am sure.

I have had some success in other places in the meantime GLR for example which I managed to get a steak in at 0.7 and which today is 2.40.Still kept a significant steak here though and may put more in if it drops below 4. Long term I see LEX being a good place to leave a few quid. GLA and hope you at least get the chance to de-risk Pauly :)

I agree Pauly,

10 years is a long time indeed! I am not trying to sugar coat things here but the waiting seems to have been in sections. There was the initial fraudulent allocation of said Tano block, followed by a long legal dispute. Legal cases are notoriously long, which is obviously in the lawyers' (who help make the law!) best interests, and these timings are also largely outside Clon's control. However, now having settled "all legal action to Clon's satisfaction, the clock, in a sense, started again. In that respect, the waiting game hasn't been 'that' long and if we throw in the pandemic and slowing of the economic wheels then the time of waiting shrinks again. I think the hope for me lies in the fact that nothing has changed here, and some sort of outcome, as you rightly pointed out, is inevitable. Given Ghana's desire to move forward, I would be very surprised (even by Clon's standards) if we went beyond the summer without some sort of major announcement at least :)

I'm in that same boat Pauly, its do or die for me here. I have learned a lot from being on here, and I can see you have too, about ramping/de-ramping and when to get in and out of stocks. Basically, I have learned that all financial institutions are like fishermen/women. They put bait on the hook, wait till the hook is in a good position, and strike! For that they rely on us following our basic elements, greed for example. The trick I have learned now (Clon being the big lesson) is to get the bait off the hook without taking the hook. E.G. a £10 free bet, just have one bet and go, share price rises, top slice (no matter what they temptation to hold) and buy back in when it goes back down, repeat repeat. Just my own opinion of course.....I wish you/us well here and perhaps we can escape with a cheap or even profitable lesson....gl :)

I agree Pauly, I'm not in this for Bolivian lithium (I'm guessing that is your position also) I am in it for Ghana oil. Clon is indeed a small fish but what I still find of huge potential is that back before the Tano block (or Jubilee field) potential was known a corrupt government handed Clon a contract, which is backed by law, for a block which turned out to have enormous potential. They can't now get rid of Clon accept through making somsort of deal. For Clon, this has also been a waiting game but all it tells me is that Clon has their teeth in this and they aren't letting go without a settlement; sooner or later someone needs to blink and Clon, for the time being, don't seem to be ready to do that....I'm waiting and watching :)

In my opinion lithium prices will be rising soon and they will keep doing so as demand increases. The UK government is committed to going auto electric by 2030 (10 years ahead of previous schedule) and has persuaded another 60 countries to do the same. The new US administration will also commit and unless/until something better is discovered for making batteries then the demand for lithium will soar. That is why I am keeping an eye on all things lithium going forward :)

In my opinion lithium prices will be rising soon and they will keep doing so as demand increases. The UK government is committed to going auto electric by 2030 (10 years ahead of previous schedule) and has persuaded another 60 countries to do the same. The new US administration will also commit and the demand for lithium will soar. I am keeping an eye on all things lithium going forward :)

It's like it is with a football manager; the team loses and someone has to be the focus of the fans frustration. People lose money on AIM then someone needs to be the focus of those peoples' frustration.... I guess I have just diverted a wee bit of that to myself with this post; just so you see what I mean. Hope it comes good again as I hate to see people loose their hard earned :)