George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Nobody should take offense as long as the posts are informative and polite, it is a forum after all and a damn good one at that, so keep it up Pro, I need all the info I can get these days.
Now you'll have the conspiracy lot saying the directors had advanced knowledge of a Carapa success when they purchased their shares today - ignoring the purchases were made post RNS. ; )
Bizter, thanks for your invitation. You also posted same on Stockhouse. I got this this morning at the stockhouse site, and to be clear, it refers to their site not yours. Fwiw ...
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Hi noix,
I agree with your second paragraph entirely and understand your points. Therefore, the question of how many drills next year is perhaps moot in that context, but I'm sure he is saying several drills next year not 3. The accent and my aging ears may account for my hearing 'several' but could you give it another listen svp.
The sp and the take-out price Gil Holzman seeks are mutually exclusive - the sp is irrelevant, better to watch the price of Brent. 'itsyou', is there a possibility Carapa-1 will not be drilled this quarter?
F5 is correct.
TOTAL - 50% (with Tullow's 20% and our 15%)
Tullow - 40%
QP - 10%
And one more time, mentioning the TSX-V is a mug's game.
Guyana won't last long if Exxon's divesting in other project areas continues, assuming those freed up resources continue to poor into Guyana.
Nothing like a cold shower at 6am, thanks!
https://www.ecooilandgas.com/wp-content/uploads/2019/09/EOG_Corporate-Presentation_September-2019_for-web-1.pdf
Found at Eco Twitter.
Anyone pop in to the Scout Group Farmout Fair in London today.
Five years post discovery on Lisa-1 next spring and 4 years post discovery on Lisa-2 next year. Hopefully it won't matter after a successful Carapa and we are subsequently ghosted at the same time Tullow reduces it's holdings in Guyana.
At the rate Eco moves, along with Exxon's expediting of Hammerheads production schedule, I'm confident we'll have income soon enough, how much income will be determined by agreement by all parties and approved by the government of course.
Olderandwiser - hereandnow will tell you the sp has seldom made sense over the years and should be ignored entirely even when it's trading at a 50% discount early in the new year. The oil is there which is all we really need to be focused on as you point out in your post. This is as close to a certainty as I'll ever see.
26 September 2019
ECO (ATLANTIC) OIL & GAS LTD.
("Eco", "Eco Atlantic", "Company" or, together with its subsidiaries, the "Group")
Director Dealing
Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG) was today notified that Gil Holzman, Chief Executive Officer and a Director of the Company, acquired 33,865 common shares in the Company at a price of 148p per share (the "Share Purchase").
Following the Share Purchase, Gil Holzman is beneficially interested in, in aggregate, 8,281,259 common shares representing approximately 4.5 per cent. of the Company's issued share capital.
Sorry, that should have closed with ' and that is where I'll make my first million'.
The first 2 trades this morning … 50 shares @$2.49, 43 shares @2.48 and a minute later another 10 shares @ $2.49. My guess the MMs are balancing things up between them from yesterday - I've dropped my bids into the 2 thirties regardless. My point posting this is for those that might be influenced by Venture trading thinking the numbers hold any significance other than MMs making their money. EOG is worth at least $3 CAD and that is where I'll make my million.
I'd put more stock in what I read on here than I would in Seeking Alpha.
I'm hesitant posting this but according to Marine Traffic the Stena Forth hasn't moved from her drilling position. itsyou might confirm.
Kind of you to go to that length. Keeping order during a bout of chaos then for the most part is my main take away. Wish it had been more along the lines of a halt which at this point would be GH announcing some significant news I would hope.
All the Best!
Forgive my ignorance, can someone please tell me what this is in aid of, thanks. I get something akin to this when I try and make a large trade on the TSX-V and my trade is rejected, the reason given 'price volatility'.
News alert from Eco Atlantic Oil&Gas PLC
11:45 AM
Eco Atlantic Oil&Gas PLC Alerts
To e-klektek@bell.net
RNS Number : 6689M
Eco (Atlantic) Oil and Gas Ltd.
17 September 2019
Price Monitoring Extension
The auction call period has been extended in this security by 5 minutes.
Auction call extensions give London Stock Exchange electronic order book users a further opportunity to review the prices and sizes of orders entered in an individual security's auction call before the execution occurs. A price monitoring extension is activated when the matching process would have otherwise resulted in an execution price that is a pre-determined percentage above or below the price of the most recent automated execution today.
The applicable percentage is set by reference to a security's Millennium Exchange sector. This is set out in the Sector Breakdown tab of the Parameters document at www.londonstockexchange.com/tradingservices
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END