Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I've always said sentiment drives share prices - nothing else - the clock really is ticking here and it's probably one of the safer bets on AIM.
Ezry is clearly building a stake and may even be going for the buyout but is doing it in a very stealthy and attritional way, waiting for the desperate and impatient to bale out.
Agree markdods the next TR1 may be the sentiment changer and that GAP at 2p will get quickly filled. My longterm target is the 4p GAP (8 bagir! from here).
Hoping when Ezry finally shows his hand again with the next TR1 people will start to take notice.
Some of these joke companies on aim with little to no turnover would be sent rocketing up 50-100% on a 850k contract .
Here it’s less of a big deal when you turnover $58m on a sub 2m market cap !!! Sentiment is everything on aim I guess and our time will come . Soon hopefully ...
indeed markdods.. I read that as the CEO saying as much..
Again, altogether a strong update imho and I'm surprised the market has taken this s/p down off the back when, in my mind at least, the update merited s/p appreciation, not least from these seemingly extraordinarily low levels the s/p is currently at
DYOR as ever of course
Opportunity is there maybe something in this "The trial order for a large UK retail client will be completed and delivered during March 2020 with a $0.85m suit order for 2020 already secured from this customer. In addition, based upon the new business pipeline there are good prospects for winning further orders from new customers during the current year." testing the water?
Will a lot of clothes retailers not be looking to diversify their supply chains away from mainland China somewhat at least now/going forward? And is that not a big opportunity for Bagir?
eg From BBC business today :
''Primark owner Associated British Foods says there is a risk of supply shortages on some lines later in the financial year if delays in factory production in China are prolonged due to coronavirus.
AB Foods sources a range of product from China and says it is well stocked in the short-term.
"We are assessing mitigating strategies, including a step-up in production from existing suppliers in other regions," it said.
The group also owns major sugar, grocery, ingredients and agriculture arms. Several of its food businesses have operations in China.''