Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Repsol don't do leaks. Wait for real news or get out. For me the longer the wait the more chance of success. With lots of oil strikes very close recently it should increase the likelihood of a good RNS. Hope this area is similar to the Kurdistan oil fields. GL
As has been reiterated, the longer we wait the better the likelihood of good news. Its easy to say duster but much more detail and time is needed for wire logging etc.. By my calcs they have been drilling and assessing the well for 2 months now.
Its a top up in the morning if no news. I do think the longer the wait the more chance of oil find. dusters should be relatively quick to assess. Wire logging will take longer. GL Of course depends on the delays.
Its not a binary bet. Tullow have loads of other assets and are producing a large amount of oil already. Yes it will affect the share price but not as much as some would have you believe. Failure is more priced in than success with less than 50% chance. The market knows this and has to some extent priced that in. IMO..