Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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The licence was the start, but the real big step is the planting. When that happens we are truly on the way.
Don't worry about it Big Bob Lad get them shares safe for the future and forget about them, R & D needed before big returns will be seen. there's nothing holding the company making money either way they go.
Aged well. . .
This isn’t going back to 1p lol this is just the start / a few will sell but this is fantastic news and only going one way
Fair enough. I’ve been in for 3yrs. Happy to wait another 3yrs and see what happens.
Hey DJ Wall, party hat is on for sure. Chuffed to see the rise after the licence granted at last. Hope the rise is sustained and investors make a packet. All the best, I’m out.
I agree Tony, People need to watch they don't get their fingers burnt trying to trade this share to much
This isn’t going back to 1p lol this is just the start / a few will sell but this is fantastic news and only going one way
If the sp falls back a bit today I'd not worry, the steam runs out of most huge rises at some point. If we can maintain above the 1p level post-license approval then that's great, and unless the mms are playing games there's no real reason why it shouldn't stay fairly stable. But these markets are unpredictable.
However, I think this has really turned a corner now and the only way is marching on so we may see a nice build and strengthen as we go along. I'd prefer that than wild rises but who knows, it will depend on the newsflow from hereonin. We can celebrate a great first step today though, that's the hardest part out of the way in terms of proving the most potentially laborious to wait for. GL all.
People are definitely buying now
Going to grab some drinks tonight to celebrate, congratulations everyone! Very happy to see that we'll all be making money today! :)
Just need Monkfish to come and get his party hat on! :)
A hugely disappointing (but very enjoyable) turnaround.
I did not expect the Government to react so quickly (no brown envelopes here, just payment in wacky baccy :-) ). I am already a shareholder and was waiting until the share price had been driven down further and then top up. I shall write to my MP and complain about government efficiency now.
A huge relief though. Onward and upward. Good luck all (even to the inevitable profit takers later today).
This is tucked away in my SIPP so I really shouldn't look in as often as I do. Micromanaging a SIPP always ends in tears).
As per the Telegram group, Ghost, this is the initial stage of the license and one to commercially grow will be needed later. I suspect the company needs to prove up this first leg and can reach capacity. I'm not sure of the actual time scale. The licenses was an area I didn't research so much when I joined here, more the company fundamentals.
If anybody can help flesh out the license stages and issues please do. Cheers.
Get in their!!!!!! GLA the waiting is over lets look forward to a bright future together
1.27 paid for 500k.
Thanks Djwalls, I'll be here for the long haul also as they've said they will he running at full capacity within 6 years so all looks very promising as long as there are no hick ups along the way as I believe they need to get their licence renewed every 12 months?
Give it some time. Its only an hour since rns released. Also Aquis stocks aren't available on most platforms. Should be an easy bag here.
Looks like it's on the rise now but it depends what your timeframe here is? I'd expect to see the typical peaks and troughs of a young company not on a FTSE market, so there may be plenty of buy/sell opportunities.
The cannabinoid sector is due to grow by double figures between 2021-2025 so me personally, I'm staying put for 2-3 years at least because it could be a real growth sector. But as to sp rise points it depends on what the company news is, growth and what it invests in. Should be a good ride though as we've now got that confirmation. :)
After the great news of the license being approved by home office, when do you think we can expect the price to go up? As I hope its not only the 15% increase we have seen so far after all this waiting.