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IAHL$$.. News from 2/6/15
"Altenesol Completes 15 Year LNG Contract and Doubles Canacol Energy Ltd. Gas Supply Contract"
1.6 billion in anticipated revenue!!!
I would hope so if they're already signing a contract for another plant. Or they must be very close to acquiring the necessary permit(s).
I suspect IAHl will update the market with their own press release today or sometime next week, with more pertinent information. The pps should start moving higher today!
I like this part!
"We have a solid foundation in place and a blueprint to accelerate expansion. Canacol's option to participate in the equity of the project opens greater expectations to Altenesol's vision as well as having a solid company supporting the proliferation of LNG through South America, Central America and the Caribbean. We thank the many team members that have made this possible and our shareholders for their patient support as we build a solid corporation for the future. Many company developments are nearing completion and will add to our value" commented Nelson De La Nuez CEO Altenesol"
http://www.oilvoice.com/n/Canacol-Energy-announces-new-15-year-contract-with-Altenesol-LNG/3bfb3884699f.aspx
Looks like canacol signed a second contract to supply gas for another Altenesol LNG plant!!
"Altenesol will use the gas to produce approximately 360,000 gallons of Liquefied Natural Gas per day at a dedicated liquefaction facility that will be composed of two LNG trains (180,000 GPD each) to be located close to Canacol's operated Jobo gas processing facility. The second LNG train shall start operation within 12 to 16 months after the first."
Check out Altenesol website homepage.. There is a new section-"live construction video updates coming soon" Looks like things are happening but behind the scenes. Hopefully we will get PR soon!
It looks like the website was updated not too long ago under section, projects-"Colombia LNG project." It now says "plant is estimated to be online by 2016." I believe before it used to report -"first quarter 2013." I guess I Keep waiting and holding.. Glta
Apparently "kristy" created her ihub account yesterday. i've seen it before on other boards, just trying to shake up shares or a short seller. Pay no attention.
Newwwws!!
Keep holding!! Lot of buys at the ask since yesterday.. Hopefully in anticipation of news?? But I won't hold my breath!
Why would someone buy shares of this???
I think it is a good sign the pps is holding around .70, where in the past it would have dropped back down back into the .50s. Some news soon would send this thing close to a $1 imo. One more week in January so anytime now corporate!
IAHL ..Altenesol and Altenesol S.A.S. Complete FEED Study and Land Purchase..IAHL- first LNG plant in Colombia, longtern play big $$
News!!!!!
Per Canacol energy's production update on 11/12/13..
http://ih.advfn.com/p.php?pid=nmona&article=59991404
"For the remainder of calendar 2013, the Corporation will focus on: 1) building out production and reserves from recent oil discoveries on LLA-23 and VMM-2 and increasing production levels from the Esperanza block in Colombia via new gas sales contracts;"
This is the same block that was mentioned in Feb 13, 2013 IAHL pr announcing contract with Canacol..
"having the Nataly 1 LNG plant operational within the guidelines of the agreement as well as Geoproduction’s planned drilling activities on the basis of the 3D seismic results and the certification of additional reserves at the La Esperanza block."
It appears that things continue to happen behind the scenes. I am trying to be positive about lack of developments but it is difficult with lapse in time between updates from IAHL. Hopefully the company continues to progress towards it goals and we will be rewarded with our patience. Keep the faith.
I too signed up over year ago and have not seen an emails by corporate. Imo, I think lack of news has to do with the company running into delays, problems, snags (whatever you want to call it). It's hard enough to start a company from the ground up, let alone do it in another country that is notoriously difficult to work with. Not to mention the social problems that exist within the country. Canacol energy is one of IAHLs contracted suppliers and I follow their updates as they are release news more consistently.I read this from their recent "production update" on 10/23/13.
"Production from the Nelson gas field in Colombia was impacted by social unrest affecting the buyers operation which resulted in a shortfall of approximately 0.8 mmscfd (140 boepd) in gas sales for the first half of October 2013. The situation has since returned to normal and gas sales have averaged approximately 18.0 mmscfd (3,150 boepd) over the course of the last week."
I don't know if that is the same gas field that supplies to IAHL but it might be?? This also could be effecting IAHL with completing FEED study, breaking ground for plant, finalizing contracts, etc.. Just a guess though to explain why we have not received any updates.
Price is trying to rise and volume is picking up.. Maybe something good is around the corner??
This is running!
Does not seem to be.. I wonder if they will have to de-list soon
Im not sure but i think You could find out by calling Iahl's transfer agent to see if the float (publicly traded shares) has decreased. On OTCmarkets.com float as of march 13, 2012 is close to 55,000,000.
I agree bball, I wish they had more specifics in this latest news about the funding, such as how much and who the funding source is. I assume it was bolsa y renta which was mentioned in a PR last year. But without confirmation we are again left to speculate.
Very excited about the positive developments with this latest news! However, there appears to be an mm wall up at .80. (IMO) someone taps the ask and buys 1000 shares, another is put right in its place not allowing the pps to rise. Hopefully they run out of shares soon or we get some bigger buys! Go Longs
Altenesol.com
IAHL.. already at .80! Natural gas company just signed 15 year contract with Canacol energy for natural gas and are about to break ground on their refining plant in Colombia..with plans to build 4-5 more over next 5 years!!! $5-10 stock in 5 years.. This is a long play so don't expect to day trade it easily.
I'm surprised with the recent surge in volume and price no news is out? But the day is still young, go iahl!
IAHL up .16 in the last 2 days!!
Someone wants shares.. Maybe news is close??
Bid keeps moving up. Now at .60.. Looks like someone wants some shares bad!
Bid and ask we're .60 x .62. Now im seeing .48 x .56, may be MMs trying to control the price and not let it run up too fast? But as long as it continues to climb that's all that matters!
Starting to run!!!
On a positive note Shona had over a million in volume today and is up! Currently at .43. I've been watching it the past few weeks and it has had almost no volume. So, things on that front must be going well and hopefully that bodes well for us too!
Buy buy this won't last for long!!
IAHL, not your average penny stock.. In natural gas field. About to up list and sign multi million dollar contract this quarter.. Months ago it was at .15 range now pushing .60!!
Looks like APS is loosing its allure..
Looks like they are signing more deals!! Probably a PR today!
http://www.cnbc.com/id/49355722
10 mins left.. Tap the ask!!
Time to move up..let's see a penny!!
Hold your shares!!! Keep pushing price to a Penny!!
It was twice last year.. They do tank but got to sell on way up!
This could be APS pick if we get above a penny!!!
Flying now! .0058 up!!!!!