Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Hi MrMM
Yes i did read it and everyone has his agenda and it up to each individual to make his choice based on the info avaliable
Its clear short term the Oil Cos are all sitting on the fence,want be politically correct , to show what good humans they are and of course the pandemic is still an issue
I believe this is dangerous as if the upstream investment remains at todays levels, in 4-6 years ,a large part of the world will be shot uncontrolled back into the middle ages and i dont even want to think about the consenquences
Big oil balance sheets are tatters and exploration for big fields is expensive and COS low
Exxon for example increased debt by 12 billion $ over the last year to pay 14 billion in dividends as virtually 0 FCF .How long can this go on ?
Why spend big bucks exploring when there is a large field avaliable at minimal cost that has top quality oil and a low production carbon footprint with a potential of billions of barrels ?
Sooner or later somebody will wake up !
All IMHO
Have you read this Slider ?
https://www.bloomberg.com/news/articles/2020-08-16/oil-companies-wonder-if-it-s-worth-looking-for-oil-anymore
Each to his own but every coin has 2 sides !
https://oilprice.com/Energy/Oil-Prices/Oil-Markets-Could-Soon-Face-A-Devastating-Supply-Crunch.html
Now where in the world can i find 500 million barrels of low sulpher, top quality oil and gas with a low carbon footprint including a potential of >1 BBO of the same near by ?
And all with a pay back of 2-3 years !
Answers on a postcard pls
How much money have they spent since Darwin ? . How many years has that been ?
What makes you think they will get a partner in the next 12 months when they didn’t when oil was $100 a barrel - please tell me because I’m interested to hear you reasons .
I’ve gave you mine so it’s not unfounded .
BOR is nothing but a lifestyle company that’s going skint very soon and the market knows it .
It will fall to 0.5p (roughly cash value in a few months time).
Mark my words
I haven't asked you to explain anything as to your view of border, or given any indication of my own view, just asked what your motivation is for posting if you are not a holder, and if you are then why you have not followed your own advice and sold. I see plenty of people who populate these boards apparently just looking for an argument, fortunately I have a solution to that, it is called a filter button since you have admitted you have nothing new to say.
My reason for posting is simple :-
Because the boards are meant for everyone’s opinions be it bullish or bearish. It seems like I’m a contrarian because all the investors here and underwater and don’t like to hear a negative view because they think my posts make the market (lol).
The funny thing is you all want me to explain myself but none of you can tell me your reasoning for anything to change within the next 12 months when you will need to raise money. How much money did they raise after Darwin and now look at the sorry state of the company. It’s been run into the ground at the private investors expense.
Anyone looking in from the outside can see it clearly as we are not in denial !
Ps Do I have to be a holder to post on here then ? And are you the moderator of these boards ?because you sure are acting as if you are .
Do you hold shares here ?
ATB
And just to be clear you are only one of several new names I have noticed on here over the last few days.
So are you a holder of border? if not then what is your motivation for getting involved in antagonistic exchanges on here?
Well I’m a new name on here and posted some old news from 30th April about the sale of 132m shares at 0.1p , which is more then 25% ofvthe company!
So if you wasn’t t talking about me then I’m curious to know who you were talking about ?
MrMarketMaker.......curious that yo automatically assume I was talking about you.
Having read this bb for many years it puzzles me when everyone who invested keeps talking the share up when all what’s ever happened is that new investors have gone straight into a loss.
It amazes me because what do they think is going to happen ?.All the bullish posts and current holders hopes didn’t and won’t mKe a blind bit of difference as can be seen by the current shareprice.
It’s about time current holders wake up and realise that more likely than not that they have lost every penny they have invested.
It’s better to get out with something than nothing unless you have your head buried in the sand and wish to blame anyone than yourselves.
Cut your losses early before they get huge and wipe you out and never fall in love with a share and get emotionally attached.
I wish you all luck because you’re going to need it here and the odds are well and truly against you , just like they have been since the discovery .
Cheers
I've marked your words and you got an E-
Fail
Having watched this board regularly for almost a decade it does puzzle me when we get new names turning up giving information that is not new, it truly makes me wonder what their motivation is.
How much money have they spent since Darwin ? . How many years has that been ?
What makes you think they will get a partner in the next 12 months when they didn’t when oil was $100 a barrel - please tell me because I’m interested to hear you reasons .
I’ve gave you mine so it’s not unfounded .
BOR is nothing but a lifestyle company that’s going skint very soon and the market knows it .
It will fall to 0.5p (roughly cash value in a few months time).
Mark my words