Clontarf Energy Share Discussion Threads

[1liam] 03/4/2020 17:58

Bronislav, As i said nobody knows.

[dreamtwister] 03/4/2020 17:35

this is going to the hall of shame "suspension"

Fayad will be going to the bad boys club.

investors will be signing up for universal credit.

[1liam] 03/4/2020 17:24

Bronislav, I bought in a little later and probably like most picked up more shares when the opportunity arose. To be honest nobody on here knows, including me, dreamtwister and fenners where this is going.  People can ramp or deramp as much as they like, it makes no difference.  My gut feeling is this, if you can afford to invest and wait a while, it could be a great investment.  That is my personal opinion.

[dreamtwister] 03/4/2020 16:36

Dear Mr president of Ghana,

I write to you with the sadness of my heart

that the director of petrel rescources has committed a act of fraud

and treason toward`s investors,as you are aware clontarf are in partnership with.......

[bronislav] 03/4/2020 16:27

Everything was cooked up well before the results last july the insolvency bill being passed was the green light.in my view.potentially clon could but be a great investment...If pet has had its 25bagger then I expect clon to get its day.

[bronislav] 03/4/2020 16:17

Liam .I bought in on the back of the chairman's statement in last July results.Tamraz is here for something pet has and the trade off was to help Ghana over the line..i suspect everything is ready to go and agreed and all we await is ratification.I suspect the percentages issue over tano will be sorted in clons favour.

[1liam] 03/4/2020 16:12

In critical moments men sometimes see exactly what they wish to see.

[fenners66] 03/4/2020 16:02

But the RNS stated another failed project to join the list
Gave no explanation of why the concert party were in hock for their PET shares
Gave no path to PET Share resolution
Moved completely away from the idea of introducing assets , let alone £100m ones and showed that anything would have to be paid for by issuing new PET shares - essentially offering to completely dilute existing shareholders.

Said they were ready for Tano - but the same could have been said for 10 years nothing new there.

No explanation of whom would fund a $35-45m oil exploration project when the price of oil is $18 a barrel lower than it cost ERIN (who's Chapter 11 Bankruptcy PET are counting on) to extract each barrel of oil they did get.

[1liam] 03/4/2020 15:38

From Valentin73 on Petrel Resources Finally Set to Deliver 20min agoInteresting theory being pitted by Rob Rob over on the LSE Clontarf Energy chatboard;RE: MmsToday 13:48A bit of Friday thought sharing....I think about how PET were portrayed as quite literally ' no hope ' with no progression, no talks and no partners last year... its been a hell of ride for them though!!If you were a shareholder at circa 1p you'd still be way, way up.Go back to the PET RNS last year and look at how non descript' the company was portrayed - seen in the financial report - and when share price was circa 1p - then from no where came news of a partnership with a new concert party and whoosh the PET share price went to circa 25p.This 'partnership' must have been brewing for months... but there was zero public news flow.... now here we have similar, that on the cusp of news being days or weeks away for CLON that we see a speeding ticket RNS being issued. Same BoD, same approach.I would not be surprised that PET is taken over by CLON. A single co being formed. If it did happen...The shares in contention between chase / PET / Tamraz concert are nulled and values appropriated into a new Co. This resolves the 'share issue' at hand, the new partner Tamraz and existing holders form new co that is PET+CLON, brings with it Tamraz and funding for Ghana. The BoD Clon options survive.This would explain that Tano 2a is the asset that was prior talked by concert party but not disclosed (as it does not yet exist fully) and this being a co-operative deal brokered by Pan Andean and Tamraz.I'm sure you get the jist. It's a play on words that may have been issued to shareholders and why loose dates were only offered as it was reliant on decisions. These decisions were / have been delayed due to circumstance e.g. insolvency bill being delayed (was meant to be 2019) and more recently COVID.This is why this RNS today talks about how Tamraz has 'helped' in recent discussions surrounding funding for the Pan Andean licence. He wont be doing it for free, it'll be to become part of this concert party and to assist in realising the 'asset'.- Surely it does not take this long to deal with un authorised PET shares.- CLON Tano is subject to funding...(they have funding it's Tamraz concert party) as per RNS- They cannot announce anything at this time as the passed bill is not an act yet (anytime now)- They need GNPC to advise parliament to proceed or a different action for the ratification to happen (soon)- This is why BoD have options with CLON and not in PET- This is why Tamraz still is endorsing PET on Netoil website as there is a bigger picture behind the scenes- BoD do deals. It's what they do. They own Botswana Diamonds and partnerships is what they are good at doing.- Also interesting to see that the Lithium Bolivia deal is still progressing but with interim gov now. This being the first update to that since Bolivia crisis / Government change.Much of this is a 2+2 calculation of course, like to see what you will think as to what will happen between CLON, PET and Tamraz.GLA - all conjecture and ramblingD

[cpap man] 03/4/2020 13:45

(Alliance News) - Clontarf Energy PLC on Friday said its loss narrowed in the first half of 2019 after a non-repeating impairment the year before, and announced positive developments in Ghana and Bolivia.

Shares in Clontarf were up 52% at 0.47 pence in London in late morning trade.

In Ghana, where legacy issued surrounding the Tano 2A block have been ongoing for 10 years, the current government "has galvanised the licensing effort". The Ministry of Energy and the National Petroleum Commission are now reviewing Clontarf's dormant and pending petroleum agreements in Ghana.

Moreover, it has emerged that Erin Energy Inc may relinquish or have abrogated some of the acreage which was originally part of Tano 2A but was awarded to Erin in 2014. This is because Erin is currently in chapter 11 bankruptcy in the US. Clontarf believes that the latest development "would open a path" toward recovering all of the original Tano 2A acreage.

In Bolivia, meanwhile, Clontarf said it has re-established its presence and - if funding is obtained- will "complete an exploration and laboratory work programme" in the country for lithium.

The firm posted a GBP123,000 pretax loss for the six months ended June 30, far below its GBP237,000 loss the year before.

Administrative expenses remained essentially flat at GBP123,000 - the entire pretax loss in the first half as Contarf does not currently generate revenue - versus GBP125,000 the year before. The company also reported non-repeat of a GBP112,000 impairment of charge recorded in the first half of 2018.

[dreamtwister] 03/4/2020 13:22

note...date...26/03/2020

Congress

1) Legislation

Requiring the Removal of US Armed Forces from Saudi Arabia. This week, Senators Kevin Cramer (R-North Dakota) and Dan Sullivan (R-Alaska) introduced S. 3572, a bill that aims to force the Trump Administration to withdraw US troops currently based in Saudi Arabia. The bill comes as lawmakers, particularly Republicans, have criticized Riyadh for its role in fomenting a surge in oil production that has seen global energy prices plummet. There are currently thousands of US personnel stationedin Saudi Arabia to train Saudi forces and help deter Iranian attacks on the kingdom.

[elmfield] 03/4/2020 13:10

The fact they weren't to over the top has to mean things are moving, nothing taken for granted, I would say our chances are looking better.

[1liam] 03/4/2020 12:41

Someone's hit a nerve!

[dreamtwister] 03/4/2020 12:02

pass the mint sauce.

[1liam] 03/4/2020 11:55

(Alliance News) - Clontarf Energy PLC on Friday said its loss narrowed in the first half of 2019 after a non-repeating impairment the year before, and announced positive developments in Ghana and Bolivia.Shares in Clontarf were up 52% at 0.47 pence in London in late morning trade.In Ghana, where legacy issued surrounding the Tano 2A block have been ongoing for 10 years, the current government "has galvanised the licensing effort". The Ministry of Energy and the National Petroleum Commission are now reviewing Clontarf's dormant and pending petroleum agreements in Ghana.Moreover, it has emerged that Erin Energy Inc may relinquish or have abrogated some of the acreage which was originally part of Tano 2A but was awarded to Erin in 2014. This is because Erin is currently in chapter 11 bankruptcy in the US. Clontarf believes that the latest development "would open a path" toward recovering all of the original Tano 2A acreage.In Bolivia, meanwhile, Clontarf said it has re-established its presence and - if funding is obtained- will "complete an exploration and laboratory work programme" in the country for lithium.The firm posted a GBP123,000 pretax loss for the six months ended June 30, far below its GBP237,000 loss the year before.Administrative expenses remained essentially flat at GBP123,000 - the entire pretax loss in the first half as Contarf does not currently generate revenue - versus GBP125,000 the year before. The company also reported non-repeat of a GBP112,000 impairment of charge recorded in the first half of 2018.

[dreamtwister] 03/4/2020 11:28

when you ask the rampers a balanced democractic question, it is like

waiting for fayad/tamraz to come clean and settle the fraudelent act

of misconception to settle any further questions ! !

[dreamtwister] 03/4/2020 11:09

whatsthepoint how is the chinese paying for the discounted crude ?

heres a clue...It will not be in petrodollars !

[whatsthepoint] 03/4/2020 11:04

You and all your storage capacity issues. If China can build a hospital in two weeks oil storage facilities for their mopping up of supply will be a breeze.

[whatsthepoint] 03/4/2020 11:03

Brent up over 10%

[whatsthepoint] 03/4/2020 11:02

Fenners hows your Oil short pretty painful I would expect now Arendt stopped out for hefty loss no doubt.

[dreamtwister] 03/4/2020 10:56

mirror mirror 1liam

by the way i have lifted the filter after being informed of your jecyle and hyde

performance.man up and quit hiding beyond your shadow.

[dreamtwister] 03/4/2020 10:52

the roulette wheels in free spin as red is the common denominator.

the goodnews officially the solvency bill has been santioned by parliment.