Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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The RNS states;
"The Company does not foresee that another offer to purchase Kun-Manie would be forthcoming in the event that the current offer is rejected"
Now lets put our buyer hat on for a second. If, like you have suggested Svidlov will wait until AMC is bust if this is rejected and there will be no other offers from other parties. Why would he make the offer in the first place, surely the smartest move for him would be to just wait it out? He'll get a better deal.
This is now his second offer. He improved the payment terms after we rejected the first offer and heavily discounted the offer price. Is it conceivable he is looking to buy this on the cheap due to current circumstances and has offered RY a nice golden parachute to walk off into the sunset with post this deal being accepted? is it conceivable he will make an improved offer if we reject on the principal that the offer price is ridiculous?
Everyone will make their own decision on these questions.
All IMO and based on my own circumstances.
If AMC go bust or are nationalised then there is no guarantee that Svidlov will get our assets and he knows it.
He's in a good position because his rival suitors pulled out but he wants this wrapped up pronto.
Rns clearly say no one else come forward, no other offers being considered.
Svidlov is offering his last offer, which to me suggest that he will wait it out until amc is bust should they reject.
Proxys can easily win the vote, just how much did they buy?
No russia took their assets and made a russian equivalent, told macdonalds to do one..
Maestro,
No-one can disagree that the situation is currently dire. All of the companies you have stated who are moving out of russia are large international businesses that can move in and out of a county without materially damaging the overall business. Moving out of russia will not end Coca Cola, Mc Ds etc... Due to the situation in Russia presently it is best for these western companies to show they do not support Russia in their "special military operation" and rightly so.
Look how the world has changed in their view of russia in 6 months, no-one knows what the world will look like in another 6 or 12 months. Yes, it could be worse than today, but it could also be better. What your view is on this will ultimately decide whether you believe this is a good deal or not.
I do not believe we should be selling at the worst time and at the heavily discounted price presented to us. I think after this winter, the West and mother Russia will feel enough hurt and a deal will be struck to end it all. Purely based on the theory that it will cost both sides too much money to continue.
I'm happier to reject and wait for an improved offer.
Again, purely my own opinion, and entirely based on my own circumstances.
I hold just over 4 million shares and have reluctantly voted YES.
Time to move on!
Western companies are moving out of russia, likes of coco cola, macdonalds, m&s, bp, haliburtons etc etc
The situation is dire.
Kinross sold its asset for around 25% value too.
Getting ahead of yourself, only 22% voted last time as the rest didnt care. Will the no's get 15% again?
Like i said if this was a stitch up, svidlov proxys could buy 60m shares and take out the ones with tunnel vision. Amc can lose the license as they have said they cant progress without funding. West are not allowed to invest in russia due to sanctions and i suspect alot will not want to.
Vote yes is the wise thing to do..
I think there is general consensus on the board that RY has never shown that shareholder value is his number 1 priority. There was general agreement that the last deal was structured in such a way that he would continue to be bank rolled for 10-15 years whilst the shareholder dividends of the deal on the table were not able to be specifically identified in that period.
As CEO, he is our representative on our side of the table for any negotiations with a potential buyer (in that case it was Mr Vladislav Sviblov of Stanmix Holding Ltd), so he will have had some input, directly or indirectly into how that deal was structured and presented to shareholders.
RY and the Board recommended shareholders vote in favour of this deal (See RNS dated 9th May).
That deal was rightly rejected.
I do not believe the rhetoric being spouted now about this being the last chance saloon and the imminent nationalisation (which he admits in Proactive interview (7:30), that there are news articles he's read that show a list of about 40 companies that DOES NOT include AMC that state these companies COULD lose their assets through nationalisation).
I am not convinced that RY when sitting across the same table with the SAME potential buyer (Mr. Vladislav Sviblov of Bering Metals LLC) has our best interests at the fore front of his mind when having conversations about how to present this to shareholders.
Just my tuppence worth.
Again, all in my opinion and based on my circumstances.
"A N' is a F'."
No a Nazi isn't necessarily a fascist. It all depends on your definition of fascist. The Nazi's looked back to an ancient paganism to justify what they believed was their exceptionalism. Classical fascism was progressive in its outlook, anti-conservative , modernist. The Futurist's manifesto more accurately describes fascism than anything else. The Nazi's were none of these things. Mussolini's fascism had more in common with Lenin's communism than it did with the Nazi's in Germany. It was Stalin who managed to tar fascism as an extreme right wing political ideology when in fact Mussolini was a socialist and the Nazis a national socialist party. Fascism, depending on which definition you use, describes Stalin or Putin's Russia far more accurately than it does Nazi Germany. Nazi Germany is in a category all of its own.
TDT
TDT
I wonder if that 1,826,835 on the bid has an expiry date, it's been there for ages. If the Divi gets passed, when it's paid out, the SP will drop below this and it will get taken out.
Baggy,
There's no certainty that a no vote will result in losing all your investment, that's your opinion.
An undeniable fact ;
Vote Yes to sell your asset at a heavily discounted price! loooool
What a great idea! loool
The Irony is when all this goes through and AMC is finally sold we will all be paid by a Russian.. :-)
I doubt anybody on here could accurately define fascist. Academics can't even agree on a definition and there's even doubt as to whether Nazi Germany was a fascist state. It has been convincingly argued that it would be more accurate to describe Nazi Germany as being driven by a white supremacist ideology. Mussolini's Italy, Franco's Spain and even Portugal's Zalazar were fascist or neo fascists but none of them shared the same ******, antisemitic or anti religious ideology that underpinned Nazi thinking.
The term fascist gets thrown around as a universal pejorative. Even the father of fascism, Mussolini, is guilty of that. He called Stalin "a Red fascist". Hardly surprise given fascism's many similarities to communism.
TDT
And stop yapping on about subjects that you only think you understand.Thank goodness this will be over soon one way or another soon
MD
Nazis in govt position
Over 30 biolabs funded by usa
Killing their own civilians who speak russian.
Whos the fascist?
The west is loving watching Russia slowly destroy itself.
Cry more fascists.
The war will end with a full defeat for the fascists and their removal from all of Ukraine, including crimea.
Now go away fascist troll.
The irony is right before war, there were newspsper articles stating offer of 100m was put it was the board asking for more due to shareholders not being satisfied on these forums. That offer went then a rubbish 15 years offer came and now low 35m offer come. Take it and dont look back we have been had.
Russia will never allow km be owned by foreign company.
Amur found it but it will be russians putting it in production.
Western sanctions have been put on your right but there are lots of major power-houses more than happy to do business with Russia.Maybe they will tip the scales once and for all.Then where do you think the west will ?
Krittani
Who will offer more, sanctions have been put on and no one wants to invest in russia.
Big energy firms are running from russia.
You dont get it do you its this or nothing, just like young alluded too.
Oracle
They have gone to far, its about saving face now.
Statements like we will wean off russian oil and gas etc etc dont help, well russians just said lets just do them in. Now west is crying..
The war is going to end soon Europe can not afford the consequences of civil unrest …..Vlad will be forced by the real powers to give up Dombas …Vote No. it has already started that’s why the hurry to get you all to capitulate and sell for peanuts !!!!!
Vote no and they might just confiscate asset but won,t anytime soon and imho there will be another offer far better than this one.Your investment your choice