Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Sorry for the confusion Rickshaw. Not surprised !
I bought some more at 3.25 pm 17ks worth showing as a sell as always. Mad system!
33 per cent drop from here Watcher I know you don't really believe that. Nice try though :)
Explain your reasoning dibble boy. Have you done the maths?
Interesting Argyle. Thanks for posting.
DarienT ;)
But what point does his post serve if he is invested in a company. We are all aware things are running a little late. It happens in business. Anyway he says he is not posting again so we shall see.
Poiu
Im not an idiot or self appointed anything. My issue is why invest in a company and shoot yourself in the foot over something that has a slight delay? CH has a history of keeping his informed yes he does not get it bang on all the time but why pull him up on something that we all know is a little late what point does that serve? You are the idiot.
Not being aggressive doddy just your normal whinging is pointless. Your post will not affect the sp either way but I never understand people who are invested (supposedly) digging out the company they are invested in over minor delays. There will be a reason as others have pointed out. You are welcome to your opinion as I am to mine in digging you out over a pointless post. If you don't like it when things don't always go according to plan move on. You know news is imminent so what's the point of your little whinge?
Give it a rest doddy you know news is imminent.
I'm going for 15p by year end. However if there is a buyout possibly 30p. I would be happy with either one of those. AIM is littered with shattered dreams false hopes etc. Firmly believe Zephyr is not one of them.
Buffin I agree perhaps I should not take the bait but I hate fickle posters.
Why didn't you get out last week Darien? You would have made money. Your post last week "On any metric this is a great result. Firstly they have a natural reservoir secondly they now know where it is thirdly they can now target it with more wells with the knowledge that those drill bits will create more value, I really dont get those half full merchants"
Are you a half full merchant? 3 days later and you are doom and gloom. Pathetic.
Fair point I missed that second page. I didn't say it was 100 per cent gas I was just reading and going on that alone. Agreed the experts know much more. As stated things are looking excellent.
This one?
Zephyr yesterday provided an operational update on its State 36-2 LNW-CC well (‘the Well’) at the Group’s flagship project in the Paradox Basin, Utah, USA, noting that substantial hydrocarbon flow had been encountered by intersecting an apparent major natural fracture network in the reservoir. As a result, the Board is now evaluating various revised completion options. These may include running production casing and completing the Well without drilling the remainder of the planned lateral, given the significant apparent volumes and that the hydraulic stimulation originally proposed is now unlikely to be required. While assessments remain at an early phase, this suggests potential improvement to Well economics via reduced completion costs, noting that historic Paradox wells that successfully intersect natural fractures have been prolific, enjoying high immediate production rates along with substantial ultimate oil recoveries. Given that the Group’s recently acquired gas infrastructure is seen accepting sales volumes at some point in 2H 2023, while the current drilling programme remains amply funded through c.US$18.5m of liquidity available as of 10 Nov 2022, projected medium term cash flows still appear sufficient to support exploitation of its existing inventory, which includes 2U potential of over 200 million boe across the Paradox. This of course remains key to Zephyr closing in on its ultimate goal of unlocking the next reat unconventional onshore resource play in the US.
Sorry for the capitals, I don't know what happened there :-). Anyway will find out soon enough.
Having read the harness again, a couple of days later, with fresh eyes, this sentence does stand out "and the RESULTANT flowing hydrocarbons are currently being diverted safely at surface through the drilling rig flare stack " IT INDICATES THAT POSSIBLY 100% OF THE RESULTANT HYDROCARBONS ARE GAS. ALTHOUGH IT DOESN'T SAY THAT. HOWEVER, AS I ALSO GO ON TO READ, IT SAYS HISTORICALLY WHEN THE GEOLOGY HAS BEEN SIMILAR TO WHAT THEY FOUND NOW WELLS HAVE BEEN PROLIFIC. THERE ARE A FEW OTHER KEYWORDS LIKE KICK AND PRESSURE.
Excellent news yesterday. I can't see a buyout happening before results are proven so I would imagine early summer. I would think if eyes are watching us that they would leave it too long as it could get expensive. For those that have moaned over the months it is your choice to exit now the sp is as good as it has been for some while so you will be in profit so please stop the moaning about CH or others. We are at the beginning of something very special.
No one would have believed in the last year that this company was being watched keenly and closely by intelligences unknown to us and as CH busied himself about his various concerns Zephyr was being scrutinised and studied, perhaps almost as narrowly as a man with a microscope might scrutinise the transient creatures that swarm and multiply in a drop of water. No one gave much thought to a potential takeover Yet across the gulf of space larger companies looked upon Zephyr with envious eyes, and slowly and surely drew their plans to buy us.
DrMike. I don't think he took it that way I read it that you are both on the same page. It's a good day!
Here here Ezhik a man talking sense.