Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Thanks Tomas92.
From Tomas92 on Avanza. A document link to the KU Committee Report. We are on pages 143 to 153:
https://www.riksdagen.se/globalassets/06.-utskotten--eu-namnden/konstitutionsutskottet/ku-granskning/ku10_ej-trycklovad.pdf
Yes, you are right. If we remain invested then we are supporting the Company, regardless of whether we take up any Open Offers or not.
This year has been another shocker for our main asset, so Kurt must do something next year (if no joy this) to resolve the problem as an absolute priority. The project is just sat festering.
Alamal, you've got a few years on me but if I make it that far I'll probably still be messing with shares, providing I can still remember lol.
Just for interest, do you remember the days when the FT used to publish multi pages of every listed share followed by a 4 digit number, the only way to get a price was to phone a number followed by the 4 digit code, this gave you a recording of the latest (15 minutes lag) price. I guess it took the pressure off your broker supplying prices.
Folks can't imagine what trading was like then, waiting for a share certificate to arrive, obviously way before the internet platforms, this was probably the eighty's.
Haven't learnt much since those days.
Eric, nobody knows what is going to happen here and I'm still supporting the company by being invested, but as I've said, I won't be participating in this fund raise.
Suzy, I believe I've said this to you before, about being like a stick of rock with Beowulf written throughout :-) so yes it was a given from me that you would be subscribing.
GL to one and all whatever you do.
Me, I just want a decision even if it's a no, but yes or no it'll drag on through the courts with an appeal by whichever side loses IMO.
Everyone has their own way of looking at things...I do it my way and I'll help the Company if I can. They might have got it all from Nordic Investors but they listened to us, moaning about being left out. Whether or not if falls to 2p is in the lap of the Gods. Enter Aper who doesn't like me mentioning God or Gods.
TFE. Thanks for the information and the example with SAGA, it is much appreciated. I don't know what will happen here, but I'll be supporting the Company for a good while longer. I'm trusting the sp can climb out of the doldrums with what Kurt has planned for us next year, but we shall see.
Best wishes.
The far end thank you for your interesting post I take your point ,the main problem is I’m 82 years old and when people talk about years ahead I may not still be here, I certainly can’t see any fast track here at all , good luck,
lbjj is exactly correct, you always leave what is a guaranteed purchase at a specific price until later.
All talk of the monies going to BEM will make absolutely no difference to your investment or BEM's bottom line.
Here's an example, I recently took part in a capital raise at SAGA followed by a consolidation. After the announcement the SP retreated below the offer price. At that point I bought the same number of shares as my entitlement on the open market (still retaining my entitlement).
The SP drop continued well past the offer price, so I purchased many more, again on the open market. My entitlement obviously lapsed.
Surely it's basic financial sense, but saying all that, even after applying to your broker for your intended take-up, you should be able to cancel anytime up to the closure point. As you know in practice that's not always possible, another reason for you to be in control and not the broker.
Yes, true. It wouldn't be any kind of offer at all then.
The point I am making is that, should the SP be 2p on offer deadline day, then you would not be taking up the offer at all?