Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
LLL,
Apologies but I overlooked your comment;
"Personally I think it's more likely the company will become a dead duck."
I'm quite sure you said LGO was dead and buried when the for sale sign went up. Yet, a couple of years on we are in a stronger position.
Regards.
Hi Jbows
Because it's a PRATT
Irene its not been a good day for LTH, why does that amuse you?
Discuss
Pongo the Pirate episode as well......... :)
oh.......... I'm somewhat speechless....... :())
All the best (fanks :)
First of all...........? Irene....... ?
Second....... I have a look......... :)
All the best (where's Ross.......... :()
Cheesie - I think I've found what inspired you as a child to become a sparky by trade (the only trading you do methinks) ;)
https://www.youtube.com/watch?v=xwzjQYZp5ZI
Irene,
As LLL has inferred. The best, and probably only, person to ask is Leo.
LLL,
I wouldn't dispute that. I have no idea how or where that figure came from but I don't hang off it how some of the bull or bear posters do.
Regards.
I've got May 2017...........! LLL
so is that 2.5yrs into the 5yr plan.............? ask Irene........ :()
The SP then was 1.6p also........ ! he's a good lad, with a great team around him, also boots on the ground...........!
All the best (don't ask Irene please, she's probs boots on the ground at her local bank atm ......... :)
g_r_q - "You're trying very intently for a fictitious figure to be pulled out of the air with determining how much production to get to x."
That's an interesting point you make to Irene because isn't x (500 million MC) a fictitious figure plucked out of the air? Just because the plucker was Leo we have heard nothing but 500 million MC mentioned by rampers as a dead cert. Personally I think it's more likely the company will become a dead duck.
Three years into a 5 year plan, how close is Leo to hitting his target?
You can set the POO to what ever you want Ms Krapp.......!
it's still going to be a variable in your equation, as is the interest rate on your savings account............... :(
something to consider, higher risk but more rewards here, or less risk and keep your savings in the account.............. facts are, your non invested here.......... yet continually post your thinking. Do the same at your bank...........? thought not.......... !
All the best (BTW, significant flow rates at Saffron, on top of Suriname, and Goudron, and Co2, plus water flood, plus Dir buys, plus potential farm out, plus top A team boots on the ground... :)
Feel free to add.............
Heres a variable to get your head around.
If someone sells stock at the value it cost for a brand new Audi... should it equate to a £8,000,000 drop in company value. Don't let the games fool you.
Shareholders and cerp may have a problem if our MC fall below US$25 million as stated in latest RNS
All in all Cerp has an amazing future with everything that's going on with this management.
Personally I think it's time for another top up...
Right to drawdown an additional US$1.5 million at any time, provided the Company's market capitalisation is above US$25 million ("Tranche 2").
· Right to drawdown an additional US$1.5 million provided: (i) the Company's market capitalisation is above US$25 million (currently approximately US$40 million); and (ii) the outstanding borrowing from Tranche 1 and Tranche 2 is less than US$2 million ("Tranche
Regards
LimoPete
One variable Ms Krapp........... :)
sorry GRQ, the floor is yours...........
All the best (what about about my Q Irene............. ? :()
There are certain levels that have to be reported Scarface..........!
and make 30% and offer......... is that right......... ?
All the best (sure, fun 'n games, but in reality......! who knows :()
Hedgecutter - Imagine covering an entire days trading on a stock... at the value that a single private investor could afford.
All these fun and games and still less than 1 mill traded.
More variables than your savings account interest rate Ms Krapp...........!
price of oil for one............ over the next 2-3 years........ ;)
All the best (Q......... What %age interest rate would you think comparable to risk/reward ratio here............ :()
Irene,
You're trying very intently for a fictitious figure to be pulled out of the air with determining how much production to get to x.
A share price is based more than just shares in issues via value of a company, just as a mcap is based more than what production they are producing.
The infrastructure of the network, how exposed they are to export, licences, obviously bopd, and confirmed reserves there is in the ground that is accessible.
Companies in AIM were valued at €150-200m years ago, and they weren't producing zip. It was all based on their proven reserve - and they hadn't even drilled!
The point to my above is; if you don't know this then you've got a long way to go young man.
Regards.
They say that "no news is good news" though I think that the opposite applies at the moment.
How big is the SWP reservior.
I think Venezula are still working that figure out.
Leo - we need a progress update - how far down are we?
Did we encounter oil as we went through Upper Cruse?
I would have thought we could be told this as I don't think this would be classified as Market sensitive
Just to add.......... or ramp if you like.......... :)
a £20m fluctuation in the Mcap when were at £500m will look like ripples in comparison......... :)
All the best (heh heh heh :)
The lowest it went with no Suriname, SWP and Innis Trinity CO2 update was 2.30p (2.25p for a short time) if I remember it right and now it stands at 3.20p even with all that mentioned earlier so it added only 0.9p from the all time lowest. Technically speaking it's bizarre because if Saffron does hit oil than it should comfortable fly a lot higher as it will add 77 million reserve to it's current base and from experience that should have already force the SP a lot higher in anticipation of that alone!
Personally I don't see it going below 3p but this is AIM, anything is possible. Who knows, with news it might open at 8p one morning, they with investors buying in will meet double digit like I said.
GL all :)
Market Cap can be anything between £20m-£40m - via simple fluctuations, trades and manipulations/tree shakes.
The BOOM comes if new assets are reported to produce copious amount of oil. Thats the exciting bit.