Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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JR - I suggested the take it private thing some time ago and I am agreeing and re-suggesting it now. If they can get the share price down to 'noise' levels they could offer shareholders a buy at say 3 x next to nothing and may not be voted down. To be fair the company is fairly asset rich as junior oilers go - but I keep arriving at this conclusion as their actions have been so crazy ! If you sell a valuable boat to a company you can then acquire for a song -- whats not to like !
Don't trust people when they "poo-poo"...…..it might be the case that something smells here as some posters have commented. I've dealt with characters in the local pub, to government officials and they can all poo-poo just the same.
I'm an optimist and expecting that the K Govt are to award us a big contract area to drill in shallow waters, coupled with a large grant/tax breaks to boot...………..( falls off his seat laughing under a shady tree in the sweltering garden )
Awax, that's the shocking part that KO's long term business partner or anybody else from concert party couldn't lend Casp a dollar.
Adrianz…..certainly not buying any more even at this price. Having seen the man way back when, when he put the millions in at 7.4p was it, at a time when the sp was much lower? It's incredible that they have employed clowns at every level. The oil price will have legs in the coming years and they need to get it out, or get out! Best chance for us here might be if the men from the east came a sniffing?
Awax, it's worth a try but not at the current price. We've doubled the number of shares since the first A5 spike.
The 6p floor back then is now 3p. However, we have now spent all the Galaz money & Kairat's $40mil. Buried in taxes and oil debt. It's too expensive for the risk.
Would have been a different story if they had dveloped MJF in 2017/18 like they promised in 3 buses presentation.
Their refusal to release the MJF CPR, declining production and delays on the long overdue workovers has cast significant doubts on future of MJF.
If their nomad gets 2.75p then why should I pay 2.95p
Smasher*
Smaher, speaking from experience, don't stoop down to his level. Your reaction is exactly what he is after.
I genuinely enjoy reading stuff on here, with the contrasting positions and views. Some provide brilliant insight into the business which is not so obviously disclosed in an RNS/accounts. Very cheesy, but having a decent/balanced portfolio has to be the key and taking advantage of research/market forces/opportunities. Covid is truly terrible but opportunities to take advantage of such a market have been obvious. World economies are really going to struggle. The dip in late March early April was a chance. I'm somehow drawn to Casp and feel through my research and hearing folks on here it's still worth a try on what I have here. Been here a long time, mind. However, this used to, but now forms only a small part of my portfolio. I too wonder how Clive keeps his job and remember him from a previous role with Rheochem ( also one to forget ). In the days of Flawless I used to quote a formula and will re-quote for those who cannot remember...…….A5 + A6 + 801..etc etc = R8
It's not R8 now, but having learnt from Roxi/Casp, adjusted my tactics, changed my portfolio, I will be taking delivery next month no thanks to Clive and the team. Will continue to live in hope here, but now it's only a side bet. Very best of luck to all and good health/wealth in the coming months!
smasher - wow ! You are a trading god !
Bitter you've got to be having a laugh mate. It's been the best 6 months I've ever had in around 29 years of doing this crazy game. The difference between me and you is I have no need to advertise what I've done and the companies I've done well in. Tell me why you or anyone needs to give that info out . Only one reason hey.
In the 11 years I've been on here I've never needed to change my name or identity while you on the other hand we can't keep up with the changes.
Say a hell of a lot doesn't it.
As for my spelling I have given why all my life I've struggled but it's never held me back and have no need to explain it again.