Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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you might not like the way he's saying things but he's posting some pretty damn interesting stuff. try not to get your panties in a twist hey.
you are surprised? it was discriminatory and inflamatory - just like M&P's offer.
Oh jesus, you reported him - he actually posted an interesting viewpoint
rossannan
"LuckCounts
If you disagree with someone, try deploying some counter arguments rather than just calling them names."
Here is the problem I have with your posts rossanan, whilst I supported my price of 49p with a list of assets to get to it.
U just trot out 12p double again & again. Despite virtually everyone saying 12p was a massarged joke. At least counter the reasonable arguments to your own valuation methods, rather than appearing not to listen & develope an evolving position.
I have as little clue as you to the final outcome, but my 49p had support (but im sure it'll get discounted in any deal) & my valuation technic based on assets may also be wrong, but I will evolve my expectations as thing develope.
I fully expect you to be spouting multiple of 12p (a fatally flawed 12p at that) arguments again & again, really whats the point of conversing with someone not willing to listen to the opposing view at all.
meanhwile the Brent oil price is up + 2.3%...
i hope LSE admin finally suspends you.
i've reported you now, LuckCounts. you have no idea.
LuckCounts sound suspiciously like a "sober" day-time version of BaysilHope ;-)
LuckCounts
If you disagree with someone, try deploying some counter arguments rather than just calling them names.
12.5 cash and rest in shares. Low ball! But a starting position
17p !!!!!!!!!!!!!!!
If you're right I'd take u all down the pub for a beer and LC can have seconds!
Your not wrong Gary. Lots of volatility with hopefully more ups than downs. Time will tell who was more accurate!
35p - 40p take over price imo
One thing's for sure , we're out of the doldrums! Roll on tomorrow.....
I think his/her aggressive posting/reposting speaks volumes. I'd personally love to see 49, 67 or a £1. Maybe AMER will be valued at a billion!
LuckCounts
Since when is contemplating an exit nearly 60% higher than Friday’s closing “trolling” in any way, shape or form? Have a word.
LC, his/her views have only made private investors reading this board examine more closely their investment in AMER. if anything it has probably made a few more likely to buy when the markets open.
May well be a paid troll, not a very good one but what is posted here will have no bearing on the sp direction.
Expecting some fun and games in the next few weeks. All the ducks nicely lined up. Bring it on!
Whilst we don't know what they will accept for their shares, we do know what they paid.
Last placing 2016: 25p for IIs still holding.
Michinoko took their last 3% in April 2017 so around 22p
River and Mercantile substantially added holding in 2017 18p/20p/22p range.
So, add a margin for 2/3 years use of capital and that gives a bottom line.
Ultimately, Michinoko and the BOD hold over 16% which is a good way towards 50% and also sufficient to block the compulsory acquisition of minority interests.
I believe the 367 stated was or the land base and did not include pipeline.
garyobrien
Not convinced by “strangled intentionally” conspiracy theories and the like. If you don’t think that the share price could head back in the other direction, wait and see what happens if our oft clumsy BoD start sending the wrong signals.
One other point - in a break up sale the tax position may become very complex. Shares in the acquiring company may be exchanged - don't be too surprised to be offered London traded GTE shares plus some cash fro your AMER shares to minimise the taxation hit for the big holders.
Interesting point on valuation, but even more interesting that potential buyers have not been building a stake of any description with the cheaply available open market shares.
So on the surface the offer has come into the BoD to act on behalf of the (major) shareholders, but to conclude the purchase they need the shareholders to accept the offer in a vote. That means in reality Michinoko and others will very likely be at or close to the negotiating table. Us PIs will be told what the offer is, and as we collectively don't make a big enough chunk to stop a deal then the only way it won't go through is if one or more of the major holders doesn't say yes.
In other words the sale price is not about the closing price on Thursday, nor is it about the asset values - although that plays a part in what the buyer will offer up to, but it's all about what price the owners will take for their shares. Thats a lot harder to guess.
Some interesting thoughts on valuation on the ADVFN bb, even fsawatcher has a point. We already have partners in most of our assets. AMER do not need to go looking for offers.
Rossanan, the sp movement on Friday, where it moved sharply up to 18p, before softening back to 16.5, could easily be a result of day traders jumping in when the news dropped, then banking profits. Especially if trading on margin. Let's see where we end up next Friday to get a more measured feel of what the market thinks. Around 20p is my guess.