Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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No, but GL did say Calvalley and Octavia are backed by people with very deep pockets.
What does this mean , anything?
Does anyone know approx how much cash cavalley havs sloshing about to make a poss full bid for SOU?
I think I recall this being a possibility a few years back, but SDX are in the process of offloading all their Egyptian assets and focusing solely on Morocco.
Lots of synergies between Sound and SDX.
Is this a possibility?
The delays are concerning, but maybe all will be clearer around the new financial year, which in theory people have more freedom to use their ISA allowances and perhaps better buying power. We have waited a long time for the news we all want and to be negative all the way through is a pointless exercise, when the potential here is much further North. Just my thoughts on the subject and most probably totally wrong. GLA
Agreed.. we really do
Thanks soundasa ...
I'd rather be positive and wrong than negative like the miserable tw&t kylie/ps/keepitfiction/trellis/whatever pseudonym he picks next.
Life is too short to be so negative all the time.
Either it is simply taking a very long time, but we get there in the end or there is more (positive) stuff going on. Either way the miserable tw&t won’t get his wish.
That makes my day, everyday. 😊
What utter tosh, do you not listen to his videos? it was very clear that pretty much all the chess pieces need to be in place before any of the separate elements can be finalised and signed off. they are all inter-related. there are clearly some aspects of the GSA, or licence or bank funding CPs (he's mentioned this many times) that are likely holding things up to me. CalVal wouldn't sign without those being in place and the Bank won't lend without the equity proportion of the funding (i.e. CalVal) being in place. they are all inter-related and dependent on each other. I don't know which call you listened to that allowed you to reach that conclusion but as usual it's lazy, under-researched and baseless twaddle.
KTF,
For what its worth, personally I have always been a fan of your glass half full posts.
I am now hoping more than ever that you are right about this.
(I know that tying in all the contracts is complicated, and I have no doubt also simplified in my mind but this does seem a seriously long time to wait doesn't it?)
If you are right, then there could be very exciting times ahead with future drilling (just how far ahead will that be....no-one really know until they announce it?
GLA shareholders
I am increasingly convinced there is more going on here (in a good way) than Calvalley just taking forever to sign.
the non binding terms were alrready agreed on 13th June, 9 monhs ago! Due dilligence was completed many months ago.
as Graham said repeatedly 'no news is good news' but this is taking far far longer than it should.
Maybe it's Calvalley coming into Annoual as well? or Maybe it's a full on buy out?
either way we need to know.
Still no update.
This delay is beyond painful (and far longer than suggested)
For 24/25 I am seriously hoping Graham can start setting more accurate timelines for when key milestones and news updates are likely to arrive.
Timex or Seiko for me , does the same job & nobody wants to rob you . Come on sound give something to chew over & makes us happy , thanks
ROLEXSUBMARINER or PATEKPHILIPPENAUTILUS.
Watch out for SOUND - BUY BUY BUY
10p buy out is the starting point
Or an offer from someone else ? Time will tell , but interesting Graham thinks the next drill may double resources & six horizontal wells for phase two …. If we are be sold , get us a reasonable price , please
Could the delay be that cavalley are interested in buying out soundenergy..weighing their options up..I wonder.
The very last statement GL said in the last presentation was “This is happening”. So that confident statement should be reassuring to shareholders.
Zeus is the god of the sky in ancient Greek mythology looking after SOUND ENERGY LTD.
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
25-Mar-24 09:12:36 1.0275 1,000,000 Buy* 0.902 1.03 10.28k
Great Start to the Day.
The only way is Uo for SOUND - BUY BUY BUY
Maybe we are putting the FOR SALE sign up.
One thing is for sure we need to know what is going on with Calvalley
Raising equity is ONE of their specialities
M&A is another
M&A advisory
Our team advise a wide range of private and public companies, private equity funds on mergers, acquisitions and business disposals.
We have a strong track record in public-takeovers. Our team have completed over 30 recommended and hostile public offers, working with both acquirors and target companies.
Our M&A offer is supported by in-depth sector expertise, including our equity research analysts who provide sector insight and valuation support for both public and private company transactions.
All I'm saying is that raising Equity is their speciality, I've been in this for over 14 years now so my agenda is to get the f**K out with something resembling a decent amount ,the rest I don't give a tinkers a** about
Maybe sound has had a lock , stock & barrel offer ? Would not surprise me these days
Kulie thought it was going to go down.it hasn't so it's gone away with the tail between its legs.head down.
Yep Odd
Well Zeus are nowhere near the bid or offer today…all looks very quiet
Thanks eric, all very odd. I always thought a protected transaction was reserved for very very large trades that would significsantly move the market, not for a load of 1 million or so trades.
guess we'll find out at some point.