Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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What an arrogant fool Bumble really is. He purports to be some kind of moralistic environmentalist even objecting to Extreme E as he allegedly worries about the damage their rally cars might be doing to the fragile ecosystems they race through but seems happy to continue to hold AFC shares despite this alleged consternation. If he was so bothered he would sell his AFC holding and be gone. Behaviour typical of a hypocrite. He clearly just wants to make money and cares little about how he makes it I suspect, which is why he gets so cross with posters who aren't always super positive on all things AFC as he fears, wrongly that their comments could damage his investment. Absurd I know. I have no time for posters who resort to offensive name calling just because they don't agree with someone else's posts. Seems pretty malign behaviour to me. Sign of a small mind too.
Well said Scarpa
I’ve held shares in lots of companies listed on Aim and I do understand the frustration of investors re lack of orders. It possibly is jam tomorrow, who knows. On the other hand, I’ve never owned shares in an Aim listed company which was so closely courted by a much, much larger company such as ABB. I don’t think they’re hedging their bets and I think they have complete belief in the AFC fuel cell. Presenting on our behalf, our first order etc….
The lack of news during COP26 was a disappointment, but I took AB calling out the UK government on its charging of fleet vehicles as a positive thing. He clearly felt some frustration but maybe felt emboldened by the enquiries/contracts/orders earned thus far.
I’m prepared for every scenario and none of that involves selling for a few years yet. I was hoping that with over fifty qualified enquiries we’d manage to convert a few into sales, but if we don’t, so be it. I’m pretty sure AB feels the same frustration, but if everyone wants the new ‘S’ series we’ll just have to wait a bit longer.
Final thought. This isn’t some BoD plaything or lifestyle company. It is a British engineering company minnow which has managed to align itself with some industry heavyweights in a relatively short period of time. Just hold and write the money off if you can. Once you’ve done that it’s all a lot easier to cope with.
Wouldn’t know what either of those possible infections are bumble, maybe your a dark horse ….
Aimmillionaire, you said Aim is the Wild West.
Well that’s because of the historical failures of Aim listed companies to deliver the goods. Some are lifestyle money production vehicles for the BOD, some BODs couldn’t successfully run a bath and others are borderline criminal enterprises.
New tech companies are notorious for failing to deliver the product and that’s why the government would never directly back them.
Getting back to the RNS yesterday, yes great news for prospects going forward 2 years or so but Bond needs to delivery some income generating news based on current offerings from the company because the solid cell is RandD and AFC is supposed to be a commercial enterprise now.
And as for posters complaining x y z are still posting, well it’s a but communist of you to let the haggismonster fill up the board with ramptastic posts because it’s the news you want propagated.
Still we’re in December now and the report is not here yet as well as all the other tiitbits shareholders were led to believe will be forthcoming.
Well gitfinger.
No questions of substance.
Many moans of no substance.
Now joining your moaning pals in the green sections.
I'd seriously consider selling at £1, yes. I used to have many more shares than now and at this point in time I'm glad I sold most of them. Of course if the SP does ever take off into the pounds, I'll regret that massively. If Aim genuinely holds 1.7million shares and isn't rattled at the unstable nature of the SP then I admire his bottle and conviction. For me though Bond seems a bit too clever with his play on words and therefore leaves me full of doubt as to when AFC might achieve meaningful revenue and therefore a significant re-rate.
Garonne I think that’s pretty much the same with all AIM companies though. Whether the company is good or not the CEO is always going to try and keep you hooked in as otherwise the SP tanks. Same with sector gains, like you say who knows where the top is and where the bottom is, that’s why you pick a buy in price and have an idea of a sell price and timeline you give that company. If it’s slipping you review whether to give them more time or invest in something else and call it a bad choice. Anyone in the green energy sector that’s invested in the last 12 months can’t expect the world to of changed so dramatically that everything now runs on clean energy, it takes time. This sector is not one for coming in then leaving within 12 months, if you do your just gambling the sector will spike rather than a company making huge progression
I've been in and out a few times Starr and overall in profit but my latest venture is costing me. Snag is, it's recognising a pump from a genuine SP rise. Not easy! FOMO abounds with this share due to the omnipresent, just on the cusp, narrative.
Garonne, if the SP was £1.00 tomorrow would you sell your holding? Just interested
But the SP is rubbish!
Garonne, then if that’s the case wait for the pump, sell before the dump…then either buy back cheaper or find a new baby to invest in. I get people have been invested years, i haven’t so can’t give my opinion but surely if you invested 12 years ago you must have a considerable profit from your original investment. As haggis mentioned before he bought at 0.8p even if you paid 2p then £10k then would be worth £250k now
I’ve been in since 2015, first buy was 36.6 and many more down to 5.68 and back up and down again with a current average of 24.5p. My target was 180p at the end of 2022 but have set to over 235p. Currently holding strong with 440k shares. Lots of positivity and prospects now going forward and into the new year. Good luck to all.
Some folks have been here 12 years already Starr. I suspect most have nearly had enough of the promise of jam next year and if we're talking years then another raise is a definite. The only good thing there is that AB seems quite adept at getting a good pump on before doing so.
Gitfinger - my interpretation is this (and of course my own opinion) the SP is broken down into a factor of a few things…let’s start with AFC themselves first. AFC made it pretty clear we have reached the point that we have a system that is ready for sales, however without actually selling something right now that can be made now and delivered then the market sees it as just a future deal…good but not an immediate sale. This leads to two things, 1. The share price moves a little but not a great leap as for a short term investment it’s no good but and leading onto point 2. It shows the company has been working hard in the background of silence assuring investors that didn’t know what’s going on that there is progression which will lead to multiple sales in the future. SALES NOW will shoot the SP up but then trickle down again in between sales. So from a long term the last few weeks news is massive but not if you want to jump ship in the next say 6 months.
Market Sentiment - at the moment whether we like it or not Green Energy shares are a bit out of favour as most of the companies are in development stage and not big money/profit stage. When this jumps no one knows, you can either be an investor that gets in at 50p at development stage or an investor that waits for the green sector to take off and get decent sales but the price may already be factored in at say £3-4 in three years or so. It’s a gamble whether it’s worth waiting until sales of the whole energy market take off or get in there before. But at the moment the whole sector had a leap (that went way too high) last year then a retrace. They are all now in the position that they could spike any time, just dependant on governments tax breaks, and incentives in place for people to save money by going green, not just because it’s a good thing to do.
If you want to make money you can either wait for the wave of money going into the sector moving it all up in price again (regardless of how AFC do) or wait for AFC to become a huge name in the Green energy sector raising the MCap regardless of how the sector is doing…or get wait long term and get both (the sector to get billions invested and AFC take off) which let’s be honest is likely to happen but could be 3-5 years. It’s all just a case of your investment style, short term or long term. For me i believe this could be £2.50 - £3 in around 2 years with the S series and the markets we are moving into plus the Green Energy will likely have much more money pumped into it by then and two years to increase my money 5 fold I am good with that.
Sorry for the long post but thought it was worth sharing my opinion as you asked
Let's be honest the MC and therefore SP is not based on fundamentals but theoretical future revenues and profitability. It looks like currently this sector is out of favour and so the market is removing its rose tinted spectacles. I hope this is a temporary glitch and previous levels of market enthusiasm for this sector return, quickly raising the SP accordingly. Someone mentioned equalling ITM's MC soon. I hope we don't achieve this by their MC coming down to meet ours somewhere around £400 million! A few sales of the L system in the here and now would help. As I said yesterday announced future projects with a vague timeline, exciting though they are, do not float the market's boat anymore, mores the pity. I do think posters like Aim and his sad side kick Aaron are not genuine holders as no amount of SP attrition seems to result in any concern being raised by either party. Bizarre!
Just did a cut and paste of yours earlier, sorted a couple of typos but the sentiment is just as valid as yours. Question is, have we seen any news recently that has actually excited THE MARKET, rather than just getting you and McRampup all moist? The answer is no, if THE MARKET believed that the two deals announced actually amounted to anything significant by way of adding shareholder value, either short term, medium term, or even long term, then the sentiment would be somewhat different, there would be buy pressure, and we would have moved out of the narrowly defined channel we are currently in. Look at the current share price, I guess you have some great explanation for this, but the fact is, THE MARKET needs to see something of substance before we will see any meaningful movement. Admittedly there is time until D day. but as of now, it really is beginning to look like the rhetoric of early in the year was at best optimistic, and at worst downright misleading. No doubt you will counter "Ah well, it is AIM, you know" but that doesn't give anyone carte blanche to act like it's the wild west....