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.
You having a laugh 3M eaten up no time...we’re taking a few 100k you know lol. Bottom line they have enough and there are no immediate funding issues, contrary to what derampers have been eluding to! There is big difference in having no money left and £3M in the bank! It’s a company and they will have expenses as with all companies. This kind of talk fools no decent investors..
Latino....the next drill won’t be kicking off next week, there’s running costs involved, they have to guarantee payment for drilling etc, so the supposed 3m will be eaten into big time. Monday this week punters were forecasting 20p, the biggest drill on the Aim, it was all crap as today’s sp illustrates. Rmp will have to raise money, so delude yourself, but don’t **** off those who have a different opinion to yours.
Multiply the shares in issue by the current sp and you get a market cap of £4m. On this basis the fall in the sp looks excessive. The company has cash (possibly circa £3m) which then means everything else has a fairly trivial value according to the sp.
I warned on this, they managed to raise some operating capital from a few sexed up RNS - exactly what happened in puntland. Living a charmed life these guys, hope people managed to get out on time.
Nice £17.8k buy,
Could be turned into a small fortune.
Still all to play for here.
Muddyboots, Yep, since Puntland. I had an exit strategy, then got greedy, and was burnt once again.
Latino, we've had £6m in the bank before and stil did a raise. It's not deramping, this is what they do.
are you going to take advice from someone who doesnt know the difference in their and there
What rubbish...the derampers are still at the good all classic funding Q lol They just raised £2.8M inFeb and had around £2M at the time, so should at least around £3M in the bank..
GPRD... yes that sums up Rmp, they’ll have another drill but not for awhile. Need to raise some money first, and the bargain basement sp of today will not be such a bargain.....sub 0.5p guaranteed here, sit wait n watch.
Sounds like you have been here as long as me GPRD!
Be cheap especially if things change and they drill in Alaska again
A bounce back to something sensible like 1.5p over the next few sessions likely here imo Easy money to be made buying in at these silly prices imo
The only statement coming out of RMP will read something like:-
Was not expecting that etc
Still have Phillipines
Have other prospects we are looking at, but can't say anything at this time
Then a few months down the line:
The prospects we were looking at were no good
A year down the line, the same thing
Couple of years time
We have something!
These were trading at 0.9p levels so looks like rerate pre Winx price now? good luck all and always do your own research.
...here at the moment...17% swings in seconds...shorts closing longs opening and feck knows what the BOD's next move is going to be....either pack up and go home or further detailed analysis of the data and try another drill. Brave or stupid pill required depending on your outlook!
http://dog.dnr.alaska.gov/Documents/Leasing/2019-02-06_Assignment_Decision_Armstrong_Energy_LLC_Repsol_EP_USA_Inc_v1_0.pdf
Winx-1 RMP/88e/Otto/ Panr(Great Bear) lease map light Green
https://www.screencast.com/t/LtwkDDMR
And trading at cash in the bank value now....
Why would they do that if it's a dud?
I have just bought in. 26 strikes in the area and only ours is a duster? What is the probability of that happening and what if a major in the area takes over our acreage? sub 1p is a steal IMO.
on ADVFN board -
Mm's run by volume of shares not the price and so 1 million at 1p or 1million at 5p doesn't matter to them.
Something that does matter is availability and so buying 1m shares at 1p will soon shorten there stock.
Large triggered sellers in the background dropped it this morning,but remember there hasn't been a dilution
so any buying pressure from here will shorten the mm's and push the sp up very fast.
I'm very sorry to see past investor's get poleaxed here but at this sp level it's to good to pass.
This isn't a one Horse bet here as they have other licence interests including there offshore in the Philippines.
Anyway Alaska north slope could still have alot more to discover.
Well I bought in today also as the shares are so ridiculously Cheap.
Big rise on the card's tomorrow gla.
thanks to deltalo - 13 Mar 2019
Guys that will be the brokers adjustment between the MM at this early stage
Buys 2-1 v sells
Statement required!
Sorry to hear that Jon...Been a lot of it about my door the last wee while
17% swing in 2mins....perhaps we may get a statement on the future of RMP?