Clontarf Energy Share Discussion Threads

[elmfield] 12/11/2018 18:59

I bet you would not have heard that before the placing,
What does that tell you, lol!

[nick rubens] 12/11/2018 10:31

Reason for todays decline is possibly this headline yesterday

"Clontarf Energy boss dismisses rumour of Ghana progress as shares jump"

hxxps://www.independent.ie/business/clontarf-energy-boss-dismisses-rumour-of-ghana-progress-as-shares-jump-37514971.html

[nick rubens] 12/11/2018 08:56

When all those buys flooded in last week on Wednesday, I almost expected a RNS confirming ratification. At least with a share price decline soon afterwards, there was no need to issue a 'Know no reason' RNS. I assume that saved a few quid from the company accounts.

Do they cost money to release RNS's?

[fenners66] 12/11/2018 08:42

But which Christmas .... ?

[the sage] 12/11/2018 08:40

Any news before Christmas would be good.

[bigbudda] 09/11/2018 11:44

Wouldn't it be a nice Christmas present if block 1 went to ExxonMobil 80% gnpc 15% and pet/clon 5% if only common get your fingers out and give us something to cheer about
What do we want Ratification when do we want it now common pet fed up waiting

[elmfield] 09/11/2018 08:28

Lol! 😂

[currypasty] 09/11/2018 08:20

could be news shortly on awarding of blocks

[fenners66] 08/11/2018 22:41

The chart looks like it shows why they were bought ..... seems many were sold as well.

[flyhi] 08/11/2018 20:51

i am happy wih the placing

and beside your conspiracy theory...lol

don´t forget
there are some people who bought these shares
for a reason

[fenners66] 08/11/2018 20:18

"I'm still mystified at the the last placing where I can't see any mention of how exactly it was conducted"

I asked the question when announced - there must be different rules for AIM .....

[lippe] 08/11/2018 18:45

They don't need cash because there will be no farm in, this is Clontarf, those that couldn't deliver a pizza ...

[nick rubens] 08/11/2018 16:46

Lost a bit of momentum today.

It's understandable why not many trust CLON to deliver. Is it the company or is it the Ghanaian Authorities or a combination of both that don't seem to be trusted, with what they say?

I'm still mystified at the the last placing where I can't see any mention of how exactly it was conducted(ie maybe forward sold) which I don't like.

If we get ratification, there is no doubt the share price will shift vertically but I have no idea of a valuation potential or how the next stage is financed. At least they have a bit of cash to keep going shorter term.

[leader11] 08/11/2018 14:26

Fenners66 is right clon have no money for farm in.

[lippe] 08/11/2018 12:32

You could take this one over from delving in the back of the sofa ...

[bigbudda] 08/11/2018 10:33

Yeah at the moment company is what it is worth peanuts but if we were to get good news on either Ireland or Ghana then who knows where this can go but get out quick
As goes down quicker than whorles drawers but I wish all long termers locked in like me good luck

[fenners66] 08/11/2018 10:24

You know how the Australians sold Homebase for £1
Why would anyone buy this serial loss making shell for any more ?

[bigbudda] 08/11/2018 10:18

i was hoping woodside would take over pet but what with irelands green policy that probably wont happen unless they decide to go for it and drill anyways

[bigbudda] 08/11/2018 09:50

I would think it more likely pet clon would be taken over by a big boy if they 1st get the licence and 2 there is commercial viable oil in place all speculation of cource but all directors want an exit strategy and they aint getting any younger neither are we so come on give us some good news

[oilbuy] 08/11/2018 09:33

The oil price with certainly have an impact on time. Rig and crew another factor.

[fenners66] 08/11/2018 09:01

So what's to stop a potential farm out partner watching PET/CLON wither on the vine and taking over the license later after non-activity - this is business after all.

Also there is no certainty anyone wants to do the work / spend the money - who is it that just went bust with another block ?

[bigbudda] 08/11/2018 07:39

If it happens would be the farm out partner doing the financing and all the work pet would get a 10% free ride that's how it would probably work pet don't have the money unless John puts in all his whisky money

[lippe] 08/11/2018 06:48

Show us the work program and your lolz cash flow forecast Daithi ...

Fantastic creatures, mythical beasts and Dave ...

[fenners66] 08/11/2018 00:46

You don't actually make a profit until you sell, the chart shows what happens when people try and sell.