Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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This allows scale and buy out in my opinion. T1s next week will open a window into that. Again just my thoughts.
2024 to 2030. Cannot proceed without legal issues settled and money in bank.
Ain't nobody selling next week.
May still do imo
Cats don't bite unless they are frightened. That short squeeze was the suspension. Many of those involved have been shorting this for years. Just my opinion.
This is where the system is on the side of wrong doers, they never get punished. Had they allowed trading to continue and forced the settlement , it would have led to an almighty short squeeze
The problem is its got them off the hook by suspending the share so what are the consequences going to be for them 🤷
Well I've already cast my votes in favor. On the other side of that is the fact (in my eyes) that the broker has forward sold the shares leading to the suspension. They planned to settle the shares after the placing but the FCA has caught on for once. If the broker didnt move ahead with the placing they would have to buy back the shares from the existing pool which is smaller than the number of placing shares which would send the share price bananas, with 2 buyers for every 1 share. It would be the ultimate squeeze.
I’m saying current share holders won’t have to vote for or against anything because the second placing might be cancelled and then they’re left at an sp of .1p with trust and confidence in the CEO all but destroyed. He’s got one hell of a task on his hands to rescue this. Personally don’t think he had the ability and think it’ll be sold at current price and taken private. Either eay I don’t see this ending well
Lol
Current shareholders have to approve the deal.
The discount has already been priced in.
Company still working behind the scenes.
Suspension is nothing to do with the company.
Once this comes out of suspension there will be a huge demand for shares at these prices.
Lars imo has done the dirt on holders here: got a placing away open to retail investors to pay a few bills only to cancel the second one for what ever reason and then say the company is going private.
How can anyone in their right mind vote to approve an absolutely huge at a massive discount for a company that is in suspension??? beggars belief what Lars is up to at the moment. It’s been truly appalling over the last year or so and now he’s just taking the pi55
Oh, and still nothing about resuming trading. I wonder why?!
It's like having an opinion if you were bored Rog. Go wal the the cat.
Rubbish. EISB were putting out positive updates about new customers for ages and even told the market sales were doing well. Out of the blue, in just three days they announced they were seeking administration
This will be similar. Company might be taken private instead though or sold for not very much
Good luck for next week.
It is Aim so nothing can be 100%. I am here for a few bags from a very low level. I bought after placing news.
Typo should say not ok
It is a given . The European sales director would not be doing posts on linked in if things were ok
The suspension of trading in the Company's shares is not due to any action by the Company. Further, there is no action the Board can take to expedite the matter. The timing of restoration of trading in the Company's shares will be determined by the Exchange.
Just a waiting game, company not at fault, hence why it will come back, all this talk of it not is pure rubbish
It's a recovery play. I think it will get a lot of interest when it comes out of suspension. I admit that is not a given.
Specialise or generalise.
You obviously don't have experienced with this company, Google cap-xxx supercaps for sale and look how many companies have been added to sell these rubbish worthless patented products over the years.
They need to start manufacturing other electric consumer products to make real money and expand in other areas instead of putting everything into one product.
European Sales Director 11h ago
Mark Davies cap-xx
European Sales Director
11h ago
Great to have yet another quality partner to help us engage with new customers and drive incremental business! Welcome Syscom- Prorep!
The board through linked in has been telling u all everything is ok and the suspension is nothing to do with the company . Nothing to do with the company imeans the funding/placing is all good
Techie get a grip ffs
With respect guys - all this speculation will not get us anywhere; Nobody with inside knowledge would be foolish enough to publish anything critical.
We, (LTH 96% - my biggest loss ever) must just wait to see when/if the suspension is lifted and weep or smile then. No purpose served in abusing others who know no more than you!
Best of luck to all, believers or not.