Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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sooner this out of way the better
and then hopefully look forward to more news on drilling in future months
looks to be moving back up some
be nice if many of sellers might be cleared and if not to much of a drop seen tomorrow
Carnage. 30%. LOL. It's not news. Market knew about it on Friday and SP went UP. Keep talking your book though.
Tomorrow will be carnage but be ready to buy at the bottom of the trough....SP likely to drop another 30% over and above todays percentage drop before CoB tomorrow
many of day traders might now be cleared
had thought tomorrow might see more of a drop instead of today
2p. Speak for yourself. I said 4-5p. Whole sector is going wild right now.
It's also recognition after the 'excitement', of a half year wait for rig mobilisation......with any results expected in Feb 2021.
Lots are exiting until closer to the end of the year and exacerbated by the 120M new shares @1.27p hitting the market in a few days, compounding the decline.
Last week we thought hitting 2p was a result, so that puts the current price and magnitude of expected decline into perspective I suppose.
Atb
Is it this 120m placing that's driven the SP down? Also, have all those 120m placed shares been taken up yet?
Obviously this share is undervalued at the moment and was quite surprised (but not worried) when it started to immediately take a downturn after opening a position. If I'd have waited a day or two I could have bought in at over 15% less! Damned bad luck.
Obviously short term trends aren't a problem for anyone worried this seems to be a bit derampy. Still see this heading north of 15p and possibly much much higher in the next 9 - 12 months depending on drill results. GLA (note the positive to balance out the negative there haha).
if future placings required
I hope that they not at as low a price again
Scaremongering people to sell not good.
Share holding up quite well?
Not worried about short term price, as i am here for spud.
Yes dilution tomorrow, what will be will be.
Lack of news now until Sept, is the only concern whilst people sell and chase the next hot pick.
Your money, you choice.
GLA
share price holding quite well today
thinking that if share price drops shorter term
while some might trade it to try and gain extra shares
some with a longer term view might not worry so much
Careful. Your tambourine must be wearing thin.
https://www.youtube.com/watch?v=_73NU6OlNuw
Bonum. That's been my strategy too. I'm holding for the actual drill.
Indeed, any shorter term price erosion is irrelevant to those holding for drill results in Feb 2021, irrespective of how low that drop may or may not be.
Atb
LTH will top up further as price cools off, we are not interested in the short term movement of the SP, I guarantee that this time next year we will be many many multiples of the current price IMHO. We’ve waited years and ridden this rollercoaster.
DYOR
GLA!
Good to see you in MATD too.
Yawn.
Good to see you in MATD Phoebus, regardless of what happens here over the next few months.
Atb
With 120M shares @1.27p about to hit the market....??