Persian Gold Share Discussion Threads

[yarisverso] 14/2/2011 07:22

El Dorado, in Bolivia, as already stated, is delivering 10mmcf of gas a day, that is $55,000 per day. DH says that it will soon go up to 20mmcf per day, $110,000 per day. Then more drilling and more production. I can't find out how much percentage PNG/Hy Ex gets from that. It has been suggested 10%. That would give a current income stream of $2 million, going up to $4,000,000 per annum. On a P/E of 10, that alone should give a share price of 9.5p/19p, or 13p/26p on a P/E of 14, presuming a total share count of 140,000,000 to Clontarf. Do you know or can you find out FO'T or anyone else, what percentage accrues to Clontarf, and projected number of shares that will constitute Clontarf Energy?

My figures were confirmed by sp119, who is a very respected poster:-

spp119 - 10 Feb'11 - 11:16 - 52949 of 52967

Yarisvero,

You are correct. 10 million cubic feet per day at a rate of $5.5 per 980cf (which is what 1MMBTU amounts to)= ~$55k.

spp119

So, anyone thinking of selling at 6.5p, might perhaps reconsider and wait for the Ghana ratification, Peruvian Blocks, lithium lake and what the increase in El Dorado will bring. This has a great future, imho.

[domtheone] 11/2/2011 16:11

Timmmmmmmmber.

[domtheone] 11/2/2011 09:56

No worries.

yaris - you're filtered, don't waste your time. Probably trash talk anyway.

[ianrossbus] 11/2/2011 09:48

thanks aapreciated.

[yarisverso] 11/2/2011 09:17

DomtheDunce, your opinion on PNG totally warped, and lacking any facts to support it.

[waterworks] 11/2/2011 07:22

You are correct in your calculations Dom

[ianrossbus] 10/2/2011 20:47

sorry ladies and gents - getting too excited -- for the above post delete atlantic caspain (another of my failed investments) please read pan andean resources - thanks again. (and no comments as to me giving up investing in oil related stocks !!! cheers)

[ianrossbus] 10/2/2011 20:27

Ladies, Gents - a little help.
Just had letter in post to say my hydrocarbon shares exchanged for persian gold.

Can anyone explain the following (as I havent received any update and presumed my stake in Atlantic Caspian had died long ago) ----- If I held x number of shares in atlantic many years ago which I believe then went to hydrocarbon exploration plc (no certificate ever received) then some buy out by petrominerales ltd ? now a letter to say every hydrocarbon shares held I get 2800 persian gold for hyex. Does anyone have a rough calculation to work out how many persian I should get from my original x atlantic caspian - thanks in advance (appreciate it now may be pence compared to excess 25k in pre !)

[mclellan] 10/2/2011 15:48

President Atta Mills gives his address on the 17th Feb, I think

[exile] 10/2/2011 15:45

R U sure there wasn't 69?

[exile] 10/2/2011 15:41

Are these pornographic posts the ones you have kept on file.?.. I suppose you need them for reference purposes.;-0

[bongo bwana] 10/2/2011 15:28

"Fanny Gallops"


I LOVE THAT ONE.

[exile] 10/2/2011 14:53

FOT You are right about IG but it just goest to show what you guys are "investing" in if it makes you feel better to think that every negative poster on here lives in a council house or caravan ...then great...but the truth is it's many who have lost thier conkers investing in Clontarf Rd Junk that have been forced to live in the kind of accommodation you describe.

[mclellan] 10/2/2011 14:52

Munna- You'll be advising people from clink when JT catches up with you.
By the way, you should learn how a Statcounter works.

[mclellan] 10/2/2011 14:50

FOT- he hangs round the PET thread like a bad smell and lies with not a hesitation.
Hardly a ramp to mention an article from Ghana and a formal notification from TDW...lol