Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I don't care what the cronies of DS have to say, it is simply a blatant case of bull****ting from him and LTHs like TIPTOP who have invested their pensions into this, deserve much, much better.
He can't see the logic of not producing 2000bopd from the Djeno with an extra £8.25 million funding requirement compared to a 1500bopd from the Mengo/R2 with no funding requirement as announced 13.02.2019. Wow, DS, that's amazing how you expect people to believe that.
You look at the comment from DS saying that the Mengo will not now transform the value of the company (09:30) where he expects 2000 bopd from the Djeno (due to poor topside facilities) compared to 'c.US$1 million/month net free cashflow generated ' as mentioned from the Mengo /R2 in the RNS.
Complete BS!
DS, just a few weeks ago on Proactive Investors.
https://www.youtube.com/watch?v=FzEqQJrz06I
No mention of the current fund raise required in that and total dismissal of the 1500bopd preciously announced in the 13.02.2019 RNS as producing oil from the Mengo without the need for further funding. Now asking for £8.25 million through diution of shares. FFS!
Yes and YinYang too who lets face it, is no fan of DS. News tomorrow on the funding or still finalising? Perhaps DS is busy with Iconic Labs.
Angela must have a really sad life, consistently commenting on shares that 'she' has no interest in :)
Production plan must be very near publication. that big buy is getting one heck of a deal, as it probably has some inside knowledge like most of the large trades in recent weeks.
Was thinking the same shrewd. :-)
Lol, has angela closed her short and gone long?? I’m gonna leave her off my filter list for now pending good behaviour continuing.
Guys, I’ve had enough of the trolls on here so creating a filter list. MrAim already gone and I’m asking for suggestions about who else to filter out. Answers on a postcard please.