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@Plum1st, you've done it again, subtly dropping in 40%-50% off recent highs. We are nowhere near that, recent high was 0.80.
In between the utterings of agenda there have been some good posts of plausible scenarios that investors can apply their own % of probability to.
I would rather read about sensible likely outcomes as opposed to Penny’s post on Friday which is designed to do one thing - create FOMO in small time pi’s, getting them to part with their hard earned cash.
The point I was trying to make on Friday is by investing when the price is 40 -50% off, its recent highs limits your risk to the down side. Buying at the top is all well and good until it’s not.
Well done to those with the low average buy price GLTA
clever
just placing an eye over the weekends posts. it does raise the point of placing doubt in the minds of investors who are long. i try placing my self in their position to raise doubt over the SP and think why? Are they trying to drop subliminal messages into people's heads placing thoughts that weren't there before.
i also assume they have been watching jill halfpenny on the news and davina mc calls The drop last night!
stay stong this will come good IMO
Morning all,
First time posting here, bear with me. Been watching EQT for some time now, finally bought in when the short term debt issue was sorted, intending to hold for a while now and see how things develop. Regarding the point about directors looking after themselves, didn’t the new CEO invest in EQT via Origen a couple of years ago taking 192m shares at 0.6p? Does this give some idea of his benchmarking on valuation? Got to assume if he’s come in to run the company it’s either to do enough to get his money back or he sees potential to get a significant return on his investment. My view is he sees opportunity for multiples of his investment, if he’d just wanted his cash back he could’ve dumped last week? Happy to stand corrected.
Always remember the first rule that drives CEO's and fellow Board members. It is to ensure that they make themselves financially secure. If the Company does well, that is a bonus.
Not a problem bud. All good here. Nice average!
Sorry, that was meant to be a reply to Tuckman.
Not always quite true. I bought in here at .2 after reading a tip on another board and liking what I could find out about the company! Take your general point though...
Mct101
I think you sorta hit the nail on the head. The high .8's feels like the Greece update was priced in at that point. Of course I would like to see it break 1p when/if it drops next week. At the end of the day, all we can do is play the hand dealt to us. Hope it's a good one. Enjoy your weekend all :)
It really doesn't matter what is said on these boards as anyone who buys or sells on the back of a chat board deserves to lose money IMO. I have set my stall out for long term investment and my view will remain if contracts are delivered and current monies are well managed. As I have said before, if they raise now without it being value add then I will reduce my holding as trust will be reduced. Everyone has their own opinion and quite rightly so but the fundamentals and the projects speak for themselves, the company must deliver and just not rely on the shareholders to keep propping them up every now and again to keep the lights on! Previous history in many aim companies is all to see, I am invested at the moment as I believe this new CEO can make a difference, only time will tell if I am right, news update next week imo is needed even if it is a delay in the Greek banks decision timeline, but a company that keeps its shareholders informed good or bad is a good company to be involved in. Have fun everyone and stay safe.
As pointed out numerous times EQT have taken a million cash from warrants in the last couple of weeks, more from the business cash payments though likely 70-80% of these were needed to pay for continued project development/salaries.
In many ways those warrant shares may be ‘placed’ onto the market in the next couple of weeks anyway.
They don’t need cash to survive. They may need cash to thrive but that should be following a number of announcements...
Greece
California planning permission
Other Balkan projects
That rather intriguing Billingham project!
And there may be surprises.
DP has just got rid of all the investors who had no interest in the company, why would he want more on board whilst the business is entering a phase of phenomenal growth on the back of proven disruptive tech.
I’m prone to go on about ITM; their penultimate placing which I made the mistake of participating in was to build a factory which turned out to be a management screw up because the power/voltage was unsuitable. The sp bombed once the incompetence became apparent. The second where Linde bought a chunk (I didn’t participate, once bitten twice shy) was the fuse to the rise to £3 sp £1.5bil mcap. (As I have said sold at £1, so made plenty from ave 14p but missed the final ride).
Point is the placement will come when Cobra or equivalent buy 20% or so. We have already been through the management change here and cut out the dead wood. (Many of the same muppets are still ‘running’ ITM).
There is just a possibility of a placement to fund an equity stake in Billingham is agreed as part of the recent MOU RNS, but that may be funded by equipment provided like N Fork. In which case it’s to thrive not survive and the SP will look after itself.
Mattayre, a placing is when a company issues shares at a usually around 20% discount to the current share price. There are often other benifits thrown in like free warrants. The company maakkes cash but the share price usually drops as each share is worth slightly less as there are then more shares in circulation.
If done at the right time they help generate revenue for projects requiring vmcash which will then maakee thee company a bigger return in the future. Companies like VLS and PHE have just done large raises but they also have little revenue coming in at the moment and requires these funds for wages, research, design and construction costs. Eqt are a little further advanced with plantss already built andd operating providing operation and maintenance revenues and a fat order book in the pipeline
Agreed aandi.
InvestingGenius, Velocys announced successful planning permission & government backing - big milestones for them and their project. SP rose swiftly, followed by a placing a couple of weeks later - so it can happen in that order.
Personally, I think we'll get some good news, possibly followed by a placing IF it's required. And with all the potentials in the pipeline (which could justify a placing to raise more funds), this will hopefully be followed by some more good news!
So long as good news justifies it and companies aren't doing it just to stay afloat (it'd be the former in this case), it shouldn't be seen as a huge negative, more a sign of growth.
But there are multiple contracts and potential revenue announcements due? So it's a ballance between investor confidence, potential future share price and revenue generated from a placing. If the CEO thinks the share price will settle north of 1p and remain there in h2 of 2020, it would be unwise to do a placing at a 20% discount to today's share price, or 0.54p.
Better to make some small anouncements, s.p rises, do a placing with the promise of more good news to come. Why dilute at a lower share price than necessary? The new CEO is mure astute than that, come on investingGenious surely part of you agrees? Or are you really so focused on talking this down for a lower entry point you are prepared to miss the rise?
Excuse my inexperience. Could someone quick explain what placing is exactly?!
Sensible and well done for locking in profit after a 450%+ rise.
Knowing how placings work no one wants to do a placing and help fund EQT after the juicy news has landed AND pay a premium for it lol.
They are likely to do a placing first then start announcing contracts etc so that the placing holders are nicely in profit and everyone is happy.
Those thinking anything substantial lands prior to a placing are deluded as thats just not how things work in the city.
Agree Applegarth, think Greece needs to drop before any placing, although thought this was priced into the SP when in the 80’s. Bellingham is a long way off in my view. I will buy back in price drops to 6 or below or another MOU announced. For now Having sold at the last high I will watch from the side lines. At last the rampers trying to take everybody to the moon haven’t come back.
Sorry for me if they place before news I would lose a lot of confidence in the company. They have just been injected with a lot of warrant cash and I expect Greece news or full update next week. Billingham update by September so unless it is for value add in which case at a premium then I would not be happy. They are active on their promotion ie twitter etc so I expect deals to be done in H2 this year that should push this past the new brokers 2.18p target price before any cash raise. Looking forward to hopefully a good update next week
Typos sorry...different smaller mobile.
I don't think there'll be a placing until we have multiple contracts signed. And then the sp could be 10 x higher...so holding now instead of waiting is the best strategy because good news is always followed by a spike then profit taking. Those that play safe (too safe) and wait for assurances could easily be spiked into action and then a paper loss until the next round of news?
Placings ( if one does drop) are always lower than current sp...(mates rates)a nd to guarantee full take up or over subsciption of the shares. This often results in a further drop giving investors a chance to top up at around the offer price. Waiting can be costly overall?
Posted again ..re silly typos
I don'y thimk there'll br placing until we have miltiple contracts signed. And then the sp could 10 x higher...so holding now instead of waiting is the best strategy because good newd is always followed by a spike then profit taking. Thise that play safe (too safe) and wait for assurances could easily be spiked into action and then a paper loss until the next round of news?
Placings ( if one does drop) are always lower than current sp...mates rates and to guarantee full or over subsciption of the shares. This often results in a further drop givong invedtors a chance to top up at around the offer price. Waiting can be costly overall?
If the price drops any further before news, there will be a torrent of buying from all directions.
I’m not comparing us to VLS only that a placing price will be less than the share price.
I will also NOT be selling one single share for a long time neither will I be advising people to.
However, advising people to buy at a good price is no bad thing is it?
Hahaha post of the day Senor Plum!
If comparing against VLS, we have a higher revenue stream, less costs, more assets, shorter execution time, smaller market cap.
So if we were at the same inferred value (market cap) as VLS, we would have just had a s.p spike nearer 3p and just had a raise around 2p.
That would be quite nice actually wouldn't you agree?