Member Info for steward1

Franky - you might get there sooner than you think!

I haven't heard any specific leak about any specific project but I'm getting CLON mgt are very bullish and confident. Suggests to me that there could be very good news coming from Bolivia, Texas and/or Ghana.

I'm not known for my optimism but I really like this company and this could be a multi, multi bagger!

Sharebel - I'm not the shareholder that you refer to but CLON is about to enter a very, very interesting period! I believe that we're getting news on Bolivia soon.

I would not discount some movement on our oil assets too!!

Hold on to your hats!

Haven't commented for a long time and thought that I'd pop back in having seen the CLON comment. Current PREM situation doesn't surprise me at all. GR has no track record of delivering whatsoever - ominous sense of deja vu yet again, I'm afraid. Seems that there's a fall out with Stark and they've decided to do their own PR... perhaps they've concluded that GR is not to be trusted. Still hoping for success here but it's been a rocky road.

CLON's sp performance hasn't been anything to boast about over the same period but I think it's one of the most interesting shares on the market. Could go stratospheric like Prem did!

Https://www.nstauthority.co.uk/regulatory-information/licensing-and-consents/licensing/

Have Orca missed out on the 1st tranche of licensing awards?

Formerlyeasyp - no-one is selling 9.35% of the company... read the RNS! The Harding's are selling 0.6% only and I'd suggest that it might be the same party who provided the £350k earlier this month.

I'll give you that scooby - the Green Party coalition has not been a good one for all sorts of reasons!

Partygate, lying, the clown that is Boris, Brexit disaster, the car crash that was Liz Truss, billions defrauded during the pandemic, countless sexual allegations, high interest rates, highest ever tax burden... just tell me when to stop... no clue, no vision, out of touch, complete self-interest, bad decisions that cost lives in the pandemic, reneging on climate change policies... etc, etc.

Announcement on Monday!

Heard a view that the UK gov't are holding back the licence announcements until the SNP conference next week to emphasise the difference in approach and to disrupt their agenda? Anyone else heard anything more concrete?

A lot of anger this morning and I can understand why. Taking emotion out of it, the sp is down 75% since the initial diamond announcement... not good at all! However, given that Taj has obviously not provided any income yet, one might conclude that BP is doing OK. Whilst we don't have figures yet to back this up, it's a big statement to make (not needing additional funding) so I'm thinking this is now oversold.

Something's going on... good news coming, I reckon.

Just have to look at the last update and some of DH's reported comments - they're certainly in the running for something out of Iraq. There would certainly be others interested in a piece of that action... are they building a position?

Highest daily volume yesterday since January and some very confident people in Petrel HQ.

Not all trades are being reported here... something going on. Could be someone is trying to accumulate and attempting to keep a lid on the price.

Could be Iraq, could be ratification at Tano, could be both.

Are we finally going to get some concrete, positive news?

I agree NCTrade - there's no reason to take the view that this is all some massive con.

CLON, somehow, have managed to find technology just at the right time in the right place. So far, there's no reason to believe that the process won't be scalable... time will tell but it's looking very positive. And they seem to be in poll position with Bolivia not just for use of the process but also in getting a licence (not to mention the other nations and companies who are interested).

Just need patience to allow the pilot to run its course and for discussions with Bol authorities to conclude.

If they can realise all or even a fraction of this potential then this could be a once-in-a-lifetime opportunity.

AIMHO

Bound to be rumours of Iraq and ratification again after Pet's update last week and this morning's update. It does appear that active discussions are taking place on both so rumours are not surprising. Any strong rumour will see PET and CLON fly... waiting for firm news is likely to miss the boat.

Absolutely - Bolivia, Argentina, UK, Europe and US!!

'This progress has brought us to the attention of the EU Commission, as well as State-backed initiatives in Britain and the USA. Clontarf has been invited to participate in a drive to explore and develop lithium and other strategic minerals in northern Argentina, and possibly other jurisdictions. We believe that such timely initiatives may open larger and lower cost sources of equity and debt financings. This would cut our cost of capital and open many new opportunities for value added and expansion.'

I reckon that there will be bids for the JV in the not too distant future!

Should get interim results any day now - along with that, I'm sure that we'll get a better idea on progress being made with the jv.

CausticYoda - after years of reading RNS's from GR, I think that I'll stick with my interpretation.

Mining operations were stopped and they'll re-start on Monday. They have sufficient material to get the commissioning going but it will take time for them to scale up to produce sufficient ore to have enough throughput to complete commissioning and to keep the mill going at a sufficient rate. (Sounds to me like all the parties are not synced yet).

In other words, it's good news but there is still much to do.

Good news, undoubtedly. Slight concern about this statement though -

'Open pit mining operations at Zulu are expected to resume next week and while there is already substantial material on the run-of-mine pad, it remains critical that the plant has sufficient ore for current processing.'

Is he saying that the plant doesn't have sufficient ore for processing?