Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Ian, no difference with .GB shares. I think Attis is also traded on the AQSE Nex exchange.
Presumably broker decides which.
Bought in today as I already have RLD awaiting an RTO, and used a small sum from my ALBA profits, either because I am a loony, or just think RTO's are really good gambles - You can decide lol. One question, what's the difference with this share and "Attis Oil And Gas Ltd Share Chat (AOGL.GB.PL)", as my buy was through HL and shows on the GB trades?
On the up today..
atb,
Lockes...
Don't*
Rerates*
I dodon'really follow your last post Lockes, with a cash shell the 'speculation' is that an RTO occurs. This is where another company, with all of it's assets, is taken over by AOGL. It's called reverse because it's the company coming in who is really in control (I.e. they're not going to just give all their assets to us for free are they). Why would they do this? To get a cheaper market listing for one, make use of tax losses for another reason. So if ABC Ltd a private company wants to be aim listed then they rto into AOGL, change the name, and share price relates to reflect market cap of new merged entity(s). If this happens = moonlambo time
Transaction into an AIM cash shell and is designed to demystify the process of undertaking reverse transactions and removes some of the unnecessary city jargon.
There is a transparent amount of cash already in the shell ready to invest in the right company.By comparison with the conventional AIM flotation, the fact that cash is already in the shell means that, in some respects, a reverse into an AIM cash shell may be regarded as a lower risk. Certainly the transaction does not rely on attracting new investors to support a fundraising at the time of admission to AIM
I think people need to realise what this entity represents; it is a cash shell, frankly if it had a snazzy website i would be horrified, cheap website that is cheap to maintain is fine. Why does it even need a website? It is a cash shell. Financial are irrelevant. It is a cash shell. Folks that don't understand cash shells should consider selling up and moving into more typical investments for peace of mind, this is speculative so no point trying to find answers down the usual channels.
We all need to be carefull here... their website looks like it cost 40 quid to put up and there is no info regarding their Broker or anything UK contact related other than the london mailing address used by God knows how many different people, companies et all ...I just hope they have some cash left in the kitty when we get the delayed financial results through towards the end of the month, personally I think it's a crock of steaming .... but time will tell one way or the other. The financials will give us a clue though, like I said, hopefully they've got at least 250k in the bank to do a deal or a joint venture, if they have no assets that's ok as long as they've got cash in the bank..
atb,
Lockes...
I messaged Sarah cope the non exec director - no response unfortunately :-(
just sent them an email asking a few questions, nothing that would breach the rules, I got the below for now.
Thank you for getting in touch! We will get back to you shortly
I will let you know if I get a response.
atb,
Lockes...