Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Cenkos been on the bid for ages now mopping up all these sales. Maybe they know something or just like some of us think
it's worth buying at these levels
Davey
Surprised you have nothing to say about the presentation now the link to it is available
My holding and recent share sales, while significant to me are not large enough to be holding the price down. I'm sure there are much larger sellers than me. I've gradually reduced from 1.6M to 700K over a few months. One week I might sell 100K, then nothing for a couple of weeks.
I just don't see much upside here anytime soon. Most of what I've sold has been re-invested in SEPL in anticipation of completion of the MPNU deal, and the healthy divis that it already pays.
To put out a presentation via another source to be shown on YouTube is really a total disregard for shareholders here , particularly as the Co RNS’d it had been postponed .
I can see why ppl have been selling now, I can concur with what Bismark has said earlier
Https://youtu.be/vo_9xMvoSEQ?si=6l9uYTy_KEk7NsuN
Saw the presentation which was postponed but heard nothing more via a RNS
Good Q&A questions which
I felt were not elaborated on enough
This is what I took from it
No dividends or buybacks anytime soon
Focus is on repaying debt that will take upto 5 years
Current Net cash is being used to pay for coal liabilities
Mutual funds are used as a buffer to manage cash flow and working capital when required
No interest in selling current assets
Would be interested in M&A but then how would they fund it ?
More debt or dilution , but this all unknown as speculative
Good luck to the invested
Hornby. Shares done over 150% last few months £64 mil market cap...huge losses, debt shot up and still no improvement in their business, still surviving on that "brand" name.
BBSN £36 mil market cap net cash £6.8 mil PBT £3.6 mil.
More news in India for OPG but not the final results we await
Maybe OPG should take a leaf out of smaller capped stocks. What you need to do is firstly announce whopping losses lets say £15 million. Then what you do the following year you say business is improving and you are only losing say £8 million a year. You watch the share price rocket and people pile in. But make a profit blimey in all the many years I have been trading I've never seen such a "avoidance" to play stocks doing well. It's all about momentum now so until OPG is next up 10-20% which for some reason never happens it's stuck. But there was a serious dent in the overhang which has been caused by say 4 weeks of scrappy small pi sales probably from people getting bored. It is hard to hold a stock in this market going nowhere or drifting. I cannot wait for those full year results to be sneaked out on the BSE and we get a sneak preview before they hit the market. Remember 9 months profits already booked of £7 mil PBT with "robust" trading and a £7.4 mil broker forecast which surely gets smashed or we hope. I hope our patience pays off and this recovers to a more fair valuation of say 20-30p and it should be more in reality.
Chunky buys in today
Look forward to 11p to go
Decent period of consolidation around here forming a strong support
280k delayed buy and delayed 2 hours that's a biggy, maybe when the markets turn nasty people look to value
Results set to smash full year forecasts 3 weeks to wait for a full year trading update.
Hopefully the trigger to a correction in value / shareprice
There are daily UT trades most days which is aiding the seller to get out , keeping the shares between 10-11p
Bismark are continuing to sell ?, or is there another seller about
If I were you I would sell Hummingberd while you still can and hold onto these.
I welcome your honesty Bismark but you say what can lift this share when you are stopping any rise by persistently selling small amounts each time it threatens to move. Also selling when we already know 9 month results already match or beat the whole years profit forecast. I cannot bring myself to sell a stock with such sound fundamentals in a bear market myself.
I have a significant holding but have been reducing. I don't think there is much that can lift this share, short of strapping it to one of Elon Musk's Falcon Heavy rockets.
Investor relations are none existent.
Those expecting capital appreciation may not have realistic expectations. The best we can hope for may be a divi?
2 more bits of news on BSE again today, but who cares I think I'm the only person left holding OPG on here.
Was more news in Bse India again. Wonder if that is what caused the buying or maybe a few people waiting for signs of life and then buying, note how quickly the mm's run for cover on a few buys. Shows how they love to manipulate down on similar small scrappy selling.
Well the seller has old into the 100k buyer
Who is selling these in dribs everyday?
Cake Box full year trading update ahead of forecasts half year £2.4 mil PBT and net cash £5.9mil market cap £64 mil.
OPG half year results more profits, over double net cash, business robust market cap £40-45 mil..
Guess we'll find out next week if anybody sold out recently for tax loss reasons buys back. The OPG forums have been incredibly quiet so it does feel like a lot of people have sold out.
Trading is "robust"...seen so many stocks go mad on moderate updates, this stock should blow the doors off when their
numbers are released, we'll probably get a sneak preview again on the BSE.
Seller at it again today
I am just waiting for the signal when this will clear up before adding to my initial holding bought at these levels
I assume seller wants out before results
Cenkos trading update this morning, market cap now same as OPG no mention of profits or losses just saying business is good and shares are up 30%. It's just a 100% momentum market so when OPG does issue their numbers whenever that will be there surely will be a flood of buyers getting in
Some solid buying out of nowhere and online looking equally perky now 10.9p to buy. Perhaps the 150k was the last of the overhang worked when somebody piled in and bought 4 lots of £10k in seconds. 138k buy at 10.84p too, note the little punters do not play because it does not represent a fast buck trade.
Nice bounce back there
2 days left for tax year, makes me wonder if they are just fishing for tax loss sellers too. No delayed sale for the drop in the bid. Never ending this manipulation.
Usual manipulation dropping the bid while there's a stack of buy orders in auction at 10p or higher and has been for a month now. Maybe this is a clever way of building up a stake without moving the price. See how many get filled in the UT at 10p this time at 11am