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.
The odds of this must be increasing with SP at these levels……personally would welcome it assuming a decent premium
It was the most positive we have seen for quite some time. Hopefully the start of the recovery.
Do I buy more and reduce my substantial average or just wait?
Good luck to all lth - we deserve something!
I did wonder why this didn't move up more yesterday but MMs moved up this afternoon it seems
News......Frank says we are al to be optimistic in 2024.
Anyone not being optimistic will be beaten with baseball bats until happy!
Maybe buy a few more shares?
Could this be the turning point for Oxb? It has to find bottom at some stage.
Break even by next year, sector out of favour, bought 500 shares will add if news remains positive.
Shatter,
There is nothing for income from oxb , they are burning big cash every month now . The vaccine was good for them that is why it went over £15.50 I used buy and sell around £7.70 in 2020 .
It is only 26p from my target now .
Better life…interested to know why you think the magic number is £1.50 ?
On my watch list , if it gets anywhere near £1.50 , I will buy ££50k worth but not yet .
Does slightly take the shine off all those director buys recently. With 40% of the award based on share price performance at least that's one chunk they're unlikely to be gifted. The other big chunk being purely revenue based is a bit discomforting though, that can always be juiced if bottom line not taken into account.
You couldn’t make it up ! “The LTIP awards are subject to performance conditions. As set out in the 2022 Directors' Remuneration Report, the performance condition is based on TSR (40% of the award, assessed over the three years from grant); revenue growth (40% of the award, assessed over financial years 2023, 2024 and 2025) and strategic milestones (20% of the award)”.
Could it be that this is a loss making company and profit is not exactly around the corner. Cash burn is always a concern ! Due to the complexity of their finances anyone know what’s in the bank ?
Over the years I've seen OXB crash like this several times but they always bounced back after a surprise bail out package however they are not bouncing yet, so this one looks a bit odd. I will need to read their next financial report to get a better understanding why this time is different but my suspicion is they can't afford the extra cash burn from OXB US, there also used to be a subsidiary in the US in the past but they were also closed down due to running costs 🤔
Can anyone please clarify how many shares Vulpes has sold in the last few months?
It’s going to take one hell of a Santa rally to stop the rot here… what are the management doing?
Weird thing is Novo stake building should have compensated, Vulpes tiny players in comparison. But with it being a decade long hold for them, they must have been aware optics more significant than the average II here, especially if they're selling into multi year lows.
Could be worse though, at obd they've gone for a maddening drip drip selling strategy with gradual release RNSs, almost as if it was designed to maximise a fall. Looks terrible when they have a board seat. But I'm assuming they're either facing a pretty urgent need to liquidate, or having seen a fortune evaporate post-covid, no longer give a sh*t. Maybe both.
unfortunately the proposed business change in direction is going to take a considerable time, if it indeed works, so not sure where the sp is going to end up in the meantime. the bod have made a few strange decisions over the last year with ****logy being one !
just when you think the sp has started to level out it drops again so can’t see any new money coming in to stop the rot. calling bottom is impossible at the moment and it would seem that the market has very little faith in the bod.
Unless of course they do know how it looks and are taking what they can when they can.
Still holding as the loss for me would be very large and hopefully the new people can pull some thing out of the bag.
It's been carnage here, considered buying in a few times into what look likes a bottom but fall pretty relentless. Wonder if it's still Vulpes selling. As with OBD having held so long for them to start selling recently is hard to make sense of. Unless they're forced sellers they must know how it looks.
Still seems to be a large seller offloading for whatever reason !
Hi Kern,
As you say the consolidation was supposed to put an end to these swings and unfortunately one sunny day doesn’t make a summer. Mainly in banks and Aviva at the moment but they are also dropping like a stone on the mere hint of anything negative. Santa rally seems unlikely this year the way the world is !
OXB has good write up in The Times today, manifesto section.
Shatter
it's inexorable so yes I can't see why it won't fall below £2.
The boost from the last announcement is long gone as we don't see any progress. Give them time of course but the market seems to have made up its mind.
Remember the consolidation was supposed to put an end to these wild swings but £15 to just over £2 is pretty wild in my eyes.
OXB not the only one to be decimated as Angle went from £1.50 to 11p when the CEO rubbished the company and the pi's.
All biotecs languishing atm as it is an unloved sector so companies need results to change the sp direction not just aspirations and words.
We'll probably see Novo buying again. Good climate for them.
Almost all samallcaps, AIM and to some extent FT250 shares go up with some very positive news. Then after couple of days later, they drop about 5% a day until the drop past previous level before rise. This is sickening for long term investers.