Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Looks like only small scale selling now so well placed for that rise back up imho. As mentioned before this stock is beginning to get noticed & the 14p target looks a good base target price until specific contract news is released
MCap of £3.4 v £5.3 million cash has to be worth a punt i'm in for 2k at 9.1 and i'll have another chunk if it pulls back any further
The poster in question may have had valid reasons in the past but we're basically assessing the viability of an investment here based on the current price which again reflects a mkt cap substantially lower then the cash position of the company. Thats without looking at other positive aspects ex the full client retention & new contracts being negotiated. Like many others i wouldnt have brought at the previous prices which were a multiple of where we find ourselves 2day. However todays price is an absolute bargain imho but good to note the points he brings up
JUICY ;)
Current mkt cap of £3.4M with cash in the bank at £5.3M!!! Management own 26% of the company & there one of the leading players in the sector with current negotiations with 5 new clients . I'll be putting in another buy order 2day to continue building up a holding at the current price levels & before contract news dyor & gla
A little bit of buying & it moves the price up
im in long @8.75 agree it looks cheap,
Let me know when you BUY! Looks cheap but waiting!
We'll get a better idea of that when the results are out around july. Also an update on current contract negotiations although im hoping for a definitive news release on those well before then. Also Geong are one of the leaders in there sector although obviosly hit by the slowdown in the china economy. Thatll recover sure enough so a solid investment proposition imho A stock like this will see a fairly big drop on relatively few sells just because of the limited shares in issue. Im applying my usual buying in tranches so not too disappointed with the lower price. Hopefully a lot of the sellers will already have exited by now so Id expect a good reversal soon with a much stronger push off definite contract news. In the meantime Ill be looking to be fully loaded on my holding soon
My 14202 buy shows up as a sale. Hoping for quick profits! :D
good rule & in this case probably would have got a better price if i had waited. Mind u a good safety buffer that the cash in bank compared to the mkt cap & the contracts currently under negotiation. In a way i dont mind the drop as im only 50% invested so will pick up some more on todays dip as originally planned. I always tend to buy in tranches anyway so all good for my eventual holding level & price. Its reassuring that despite the trading downturn the client base remains intact with the further contracts being currently negotaited atm. Just want to make sure ive got a foot here in some form for any news release on those. Otherwise all good here & looking forward to some good blue days
Potential Multibagger? At this price below the cash value an easy buy imho
Agree with u there. The drop was overdone because of the very low number of shares in issue but that should work to our advantage with the move back upwards. The cash position gives a lot of confidence when looking at the current sp / mkt cap. Im waiting for news of contracts to provide a massive catalyst for the price to shoot back upwards. There currently being negotiated as per the statement in the last RNS with the confidence of current clients strongly retained. Bargain price with the expected newsflow on contracts & cash position imho GL