Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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jSmith, you may think in the modern world we live in surrounded by Tech it would be a sure thing to be able to sign a financial contract remotely. Not always the case. I would suggest the documents would need to physically be in front of all parties who are present and signatures may need to be witnessed by legal entities. Why else would you suppose Dish made the statement they acknowledge that a successful outcome to the funding talks may only be possible at such time when management can travel internationally ?
BigB. Good post, can’t they e sign the contracts surely?
Also yes let’s hope the team are back on the phones next wk drumming up business...
Groover do you have a position here yet?
Absolutley agree Groover. She is a pain.
There is certainly plenty of money around, large sums of which will be used to invest in companies such as Dish, and other opportunities, whilst the value of the company has still to recover from Pre Covid levels. We were trading at 4.5p before lockdown, and although I have said before, it is important to remember we were gaining traction and the SP was rising at a a healthy pace. This recent drop was due to the Pouncer shareholders selling their shares imo, after all they are not invested in the company they just want their cash. Now those shares have been sold I would strongly expect the SP the return to where it was a few days back, 3p, before we receive any further news. I thought the most recent RNS was positive, unfortunately I don’t think all read into the RNS absorbing the information thoroughly. The following statement is very poignant ‘ As previously announced on 26 March 2020, the Company had engaged a boutique corporate advisory firm outside the UK with a successful track record in funding early stage consumer restaurant technology businesses . This was done with the intent of funding growth without the need for an equity placing. The Company has continued to pursue this over the past few months but acknowledges that a successful outcome may only be possible at such time when management can travel internationally.‘ .......... A successful outcome may only be possible at such time when management can travel internationally. ........ indicates to me the deal is done, finance has been agreed and the reason a successful outcome may only be possible once management can travel internationally tells me a few signatures are required to dot the i’s and cross the t’s. There may be others offering to lend money as Tanya has suggested, but only time will tell in regards to this. we saw Aidan and another director purchase shares at 3.6p just before we went into lockdown, they would have been in the knowledge that the finance talks were going well, very well I’d suggest. I am very relaxed about my holding here, we still have a long way to go before we reach pre covid levels but I expect us to get there in the near term and some once value is added to what the Tech Team have been working on these past 3 months and the Manchester Team pick up from where they left off. I am of the opinion we will see more than one RNS near term containing positive news.
I am a relatively new investor. I took a bite a few weeks ago to have a taste (pardon the pun).
The blatant nonsense coming from Tanya7 makes me want to sell more than the disappointing share price performance.
Lol
Everytime I pop onto this BB I see nothing has changed with the habitual liar and care in the community case Tanya. You would think her account, reported and blocked by the masses cross various boards would have been removed by now. So now it appears (filtered months ago and recommend others do the same) it has been telling porkies again with fake news in her painful attempts to ramp up the share price. But there again she has invested over £44,000 in to this stock.....so she says. Couldn't prove it or able to get the arithmetic around her holdings correct though despite numerous attempts before then ignoring others requests to prove her buy prices / holdings.
Actually tempted to unblock it just so I can try and get her banned. Got her suspended for a short time but may have to try and get it to the next level just so this BB can benefit all interested in the share and allow open and intelligent conversations without her constant insults and ramping.
Sighhh
@JSMITH23....have you waited all day to post that...come on mate we are not on lockdown no more venture out the house lol
Tanya you said today 2.5/6 finish, finish below yesterdays close
Wrong again...
Just bought a few more to bring my average to just under 3p.... looking forward to the news later in the week.
Tanya your so unrealistic its an embarrassment, stop trying to ramp
jsmith, my prediction:
By the time revenue figures are released, the Manchester telesales team will be back signing up restaurants. We'll be steadily growing again and any weak-revenue-based selling will at most temporarily stall a solid climb.
Spero panic sellers will cause this
Not all here have seen the figures before and will panic and sell
+jsmith. the focus is platform growth not revenue (yet). Revenue figures are expected to be low, and even lower for all hospitality connected businesses, so why would a report of low revenue cause the share price to lurch downward in excess of 50% (as you predict)?
Jsmith i'm hoping for a top up in the 1p area anything below 1.50p i'll be topping up at
This could get back to 1p range if revenue figures come out in July, let’s hope it’s big news end of the week