There is no news, a split is scheduled, the stock price is terrible, and yet I sense at any moment we are going to take off.
Shorts are getting antsy, longs are hungry, must be something in the air
I am saying announcing a partner is not enough. more news or information needs to accompany the partner announcement.
IVAN announced SBM Offshore as a partner. More information was needed to which we never got. I thought IVAN could be on every vessel but looks like the partnership is not progressing
Announcing a partnership that gives IVAN money to develop Block 20 such as your comments above is what we need.
If IVAN was needed, the December contract would of been continued, and a partner would of been signed, but the government let it expire. IVAN is waiting for a partner to sign so hopefully the partner will use IVAN. Not a good way to run a business but that's all we got.
announcing an EC partner will be not enough to raise the share price substantially. Money and other announcements have to follow.
Sale from Tamarack is giving in to SUNCOR and other big oil companies but it may work if we use the money to generate income
IVAN signed a signed a strategic alliance with SBM Offshore to accelerate the development of offshore, untapped heavy oil resources and the stock price surged only 14%. Carlos said we would see offshore results before any on shore activity.
Is the partnership with SBM Offshore dead?
If we get another partner why would the stock price go higher than 14%?
If it was a bad split the share price would be down considerably
Will news announcements accompany the stock split or negate the stock split entirely
By keeping the split in the low range between 5 tp 7 IVAN still believes news is coming to lift the stock price. If they did not believe news is coming then the split would be 10 or higher. I hope news comes before August 13.
If news does not come then the stock price will drift back down to where we are currently
You can always average down if you believe IVAN will turn around or you can sell and take a tax loss and be gone. Either way we all win
I owned this stock since 2010 and averaged down as the price dropped. Still worried that the price will fall to zero but my value is higher than my investment and because my value is higher, I am pretty happy with the return. Although I am not getting the 18% advertised yield because of the price change. I am getting above 14%. I like it
We are one signature away. Tamarack was and still is open for approval.
The governments can suddenly give approval.
Partners can sign any moment.
Mergers and acquisitions can be approved.
Just one signature and everything else doesn't matter.
news has to accompany the action. Splits with news that the company is progressing will work, otherwise, The stock price will continue to drift downward and we will be right back in the same situation
The company is not aware of any specific factors, other than what has been previously disclosed in its public filings or news releases, which would result in the recent decrease in the share price.
Forward looking statements
In terms of project updates, the potential joint venture in Ecuador, while delayed, remains a key focus for all parties involved. The timeline for completion has been longer than what Ivanhoe originally envisioned, but we hope to have clarity as to project advancement over the coming weeks. Recent delays have been related to issues beyond the control of Ivanhoe.
Efforts regarding HTL commercialization continue to advance on all fronts. These efforts include discussions with certain parties in Colombia, Venezuela and other parts of Latin America, and Canada. The company remains keenly focused on delivering on the value potential of the partial upgrading technology.
The company is also considering a number of options to enhance its corporate treasury to fit its current expense structure. The company is cognisant of its funding needs and continues to implement cost-reduction initiatives.
Further announcements on all fronts are anticipated over the coming weeks and months.
So Mr. Cabrera, what exactly do you do?
We deal with governments and oil companies
So you drill for oil
No other people do that
So you have land contracts in place for the other people
No we are waiting for other people to get contracts.
So exactly what do you do and why do you want money.
We have people skills; we need the money because we deal with governments and oil companies
What is wrong with you people?
Why don’t we have any progress reports?
Are we building the equipment for the boat?
Did we ever build the equipment for the boat?
Are we using the equipment for the boat?
Did we ever use the equipment for the boat?
Do we have any results using the equipment for the boat?
Will we have any results using the equipment for the boat?
Are we expanding and placing our equipment on other boats.
Is our equipment being used as a boat anchor?
Are we no longer partners with SBM Offshore?