Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Market Cap still going down will soon be £6 million, looks like a stampede for the exit door? The two 🤡 🤡 have really scr€wed this company up if the SP reflects the opinion of the markets?
Watts,
I doubt that the two 🤡 🤡 could even understand a complaint! They probably have a shredder running 24 hours a day shredding complaints along with a load of other stuff you wonder? JMO.
This gives a way of complaining about them and getting it heard. https://www.thisismoney.co.uk/money/bills/article-1724511/How-to-complain-to-the-chief-executive.html
Today's Market Cap £6.8 million vs £9.0 million cash in bank, says it all really. The two clowns 🤡 🤡 are making this company a laughing stock of all AIM companies and they are still getting paid huge salaries from shareholder's funds... JMO!
Just in case you are a potential new investor here....RUN and keep on running 🏃♀️ 🏃♂️ 🏃♀️ 🏃♂️ in the opposite direction as fast as you possibly can...unless you want to be robbed? JMO ADYOR!!!!!!!!!!!!!
That's appears to have been the plan for a long time? Just string as many half baked projects out for as long as possible until they've taken all of the shareholder's cash. Better than robbing a bank it seems? JMO Adyor!
The cash is there to pay their salaries and benefits for as long as they can string it out
Total mismanagement and destruction of shareholder's funds. Today's market cap circa £7 million translates into RBD trading £2 million below cash in the bank. Therefore not only are 'ALL' of Reabold's assets worthless, the cash is viewed as worthless to. What can the Bozo's fan club say about that then Jack Diamonds and Co? The market knows the two Bozo's, Clowns, Cretins are an absolute liability with shareholder's funds. JMO Adyor!!! 🤡 🤡
simon, i have to say you're on drugs ! have you not listened to the presentation where sw said they would be looking to divest themselves of other licenses which as i read it includes parta & dunrobin ??.
cs looking good ? we were meant to have the final permit for early production by the end of 2023. no mention was made of the 30mil euros needed for an lng plant.
wn, a completely changed drill plan which they're doing a freaking feasibility plan on ffs. it's a way of drilling on the cheap with all the pitfalls that causes.
this is due to financial mismanagement & dreadful project management by our 2 ceo's who i now regard as con artists.
williams got away eith murder at that presentation when someone should have set fire to the ****.
oza was no doubt too scared to turn up.
Oh, I assume you mean the other "WORTHLESS" assets that the two cretins spent $30 million on. Like the rest of the current assets including WN and CS, all worth less than nothing judging by today's market cap of £7 million compared to £9million cash in the bank. What a pair of total failures!!!!! JMO ADYOR!
I think W.N and Colle Santo looking very positive.
I want to know what is happening with the rest of "The non core assets" .
Because it extends their salary runway for another 3 years until the £9million cash runs out, you don't need to be a detective to work it out!!!!!!!! That's why the company is trading at £2 million discount to cash in the bank. The market figured the two Bozo's out long ago! JMO Adyor!!!!!!!!!
'Not enough gas to make it viable.'
So why have the two sphincters got involved with it?
Today's market cap £7 million so trading £2 million below cash in the bank. Therefore not only are all of Reabold's assets worthless, the cash is worthless also. What can the Bozo's fan club say about that then Jack Diamonds and Co? The market knows the two Bozo's, Clowns, Cretins are an absolute liability with shareholder's funds. JMO Adyor!
Not enough gas to make it viable.
'. Let’s hope we have no more distractions'
What does your experience make of the Colle Santo project?
I saw an article about another controversial gas field being drilled off the Italian cost on the news yesterday. The Italian Government want to press ahead with it despite local opposition, because Italy desperately needs its own supply of gas since the fallout from Russia's invasion of Ukraine. So one assumes the Italian authorities will also want to press ahead with the Colle Santo gas project? 🤔
What's that Henry? RBD have had two years to come up with this extended inertia and still we hear that Rathlin have the call. As they also own a majority share of Rathlin, this is disingenuous. Here's a better plan, sell WN for whatever the market will pay, throw in all of their other 'assets' and return the proceeds to Shareholders.
Carrot13......"Research note targeting 1.2p, I’d be happy with .10p at the moment!"
The recommendation from Cavendish dated almost 1 year ago was 1.2p. The price at that date 14th March 2023 was 0.19p
That recommendation of Cavendish was based on a time horizon of 12 months.
RBD almost certainly paying Cavendish for the works undertaken.
Make your own minds up!
After 40 years of working in the international O&G development sector on some of the world’s largest O&G development projects. I think they have at last come up with a practical and realistic development plan for WN. Let’s hope we have no more distractions.
Research note targeting 1.2p, I’d be happy with .10p at the moment!
https://wp-reabold-2023.s3.eu-west-2.amazonaws.com/media/2024/02/Cavendish-RBD_280224.pdf
TPTB have made the oil & gas industry a none investible proposition on a par with tobacco back in the mid 2000's.
However the alcohol industry has not suffered a similar fate and as for the fast food industry, that is worth billions.
We await news on the WN drill and it would seem the deadline is not an issue, was June the date the drill had to be commenced or finished?
The chuckle brothers have let us down at every turn with their dreadful decisions & lies. Can't see it changing tbh.
' apart from WN & CS.'
When we won the appeal two years ago to drill WN why have they done nothing allowing the SP to drop to these levels. I have been a bag man when my money should have been invested elsewhere and that is where the problem lies.
Pair of sphincters!