Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Yes, I concur, a 2-3 times increase could be seen here for sure.
The last two projects failed.
As a shell company, any new acquisition will be followed by a fundraiser. Following the line of COPL. Debt & hedge the debts & you end up with a pot of gold that you cannot hold.
Still speculative investors will pile in & SP will likely go up until the fundraiser is announced.
One to watch or if you in, a x2 or x3 from current price depending on the deal.
88E is another wait for the pump.
PANR borders 88E & has done far better but SP has dropped a bit, but should pick up.
Impossible without knowing the detail of the assets, production and financial deal.
Any price targets after the deal is done?
Assuming that it is good.
GLA
I don't think I'm alone here by saying there's something not right with copl..
Only you can make that decision yourself.
He confirms it in the following interview:
https://www.proactiveinvestors.co.uk/companies/news/988505/advance-energy-is-now-pursuing-a-list-of-focused-opportunities-988505.html
Happy to be corrected but I thought he stated that the directors now own 10% of the total shares in issue?
Jonesrichard , I can’t find anywhere directors holding 10%. Also is it still worth buying after suspension is lifted? It went up 87% on Friday.
Every case is different though, it just comes down to who is doing the negotiating on behalf of the company and by extension on behalf of the shareholders which in this particular company the directors hold 10% of the shares at this point so it wouldn’t make sense for them to negotiate a deal that will mean their holdings are worth less than before the suspension so predicated on that premise I hope that there will be gains for all of us upon the resumption of trading!
I have a tiny amount ( in value ) My transaction history shows a buy 19/4/2021 at a price of 2.25p.
Can not see I placed an order .
Was there a corporate action around this time ?
Up 87% on Friday 10/9/22.
I thought that would happen when COPL had RTO and bought @38p now 15p
Yes, 3-5 bags would be very nice upon relist, just depends what the terms are whether those returns are seen or not!
No late last night I hadn’t but I have now
Shares suspended until some kind of diligence done about a reverse takeover
So I guess everything is in the air until this is over ( should be by November)
A ray of hope I guess
Have you read the two RNSs?
I missed everything today, busy with other stuff.
Still holding a small investment.
Evening Apple, I don’t think it’s inconceivable that this could return 3-5 bags in time, I don’t feel that is “spouting nonsense” but you are of course entitled to your opinion. All the best to you also.
It's neither vitriolic nor rhetoric. It's the truth. Just seeing you here spouting nonsense is enough to put anyone off
Current free float is just over 900 million so 50% of the shares in free float were traded today! Pretty special stuff!
My guess would probably be a share consolidation and a placing.. Old timers like myself might get 25% back at best.. Tbh i haven't purchased more as i didnt believe but well done all who have recently.
We are all hoping for a good result so who cares how we've ended up here?
Let's just hope for a good speedy deal
GLA
I see your a bottom catcher hereshopin.. Sorry i thought you bought in years ago when buffalo was at planning stage.
You must have nerves of steal to do the old catch a falling knife trading..
I remember the signs before buffalo results came in.. Offloading a couple of days before and then a trading update the day before results to give warning.
I'm not suprised it was suspended earlier..
You have clearly been following my modus operandi closely! Lol
Seriously though, no need for such vitriolic rhetoric aimed towards me is, besides, maybe this one actually will 2-3 bag!
Bit harsh. I wish you all the best anyway.
Looks like it should work out very nicely here now though.
Hereshopin you had a stack here at 0.60 before the duster.. But at least that was a free ride though