Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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The price action does make you think a major was waiting to get involved in deutche lithium..
Guys I've got this in an HL isa, will some of it go I to a normal (non isa) trading account after the change and will that be the Loch Tay gold works? Thanks
Yes free float is tiny. Only 39m shares in issue. Volume led herd now and this could do 200 to 300 %.
Got in just in time then :)
About to pop 13.5v 13.47...dyor as always. :)
Welcome newbies... Ufo type rise incoming.
Just had to pay 13.4...
GLA
If it is, it shows confidence. All are welcome.
ATB
Trading patterns look very much like institutional buy ins..?
Good Morning Stretchum, you were up very early today on this fine (well, cold, damp, dark) day?? I wonder what joys will befall us?
ATB
Is the magic number of trading days until egm. Interest is building here....
Check out those two big buys from yesterday. Another tr1 on its way :)
CW, it only took ten minutes. :))
I'm looking forwards to Friday.
ATB
Is just catching on. The rto and lithium assets well in excess of the current 5m mrk cap. Together with a free share in eris gold.. Lithium demand set to double in next five years...
Strong finish nt again..
:).. Keeping buying this.. 25p short term..
I keep wanting to buy more. Tell me it's not sensible for an investor.
Lazygun, thank you so much for taking the time to explain that and not be one of these as it benefits everyone as the more people understand the more likely they are to buy the shares. Thank you again.
Erris shares change to zinnwald lithium, and should remain in the isa.
Erris gold resources shares will prob have to go into a regular trading account. If you don’t have one with your broker, speak to them about setting one up.
L
Back into nt...
What will happen if they're in an ISA? (Not that mine are, just interested.)
A gift top up time dropped it back to 11.5p
Erris gold resources ltd is a subsidiary of Erris Resources Plc.
The egm proposals effectively propose to issue 38836787 shares in Erris gold resources ltd to the Erris Resources Plc shareholders on the register at the ex date.
Initially the shares will be unlisted so if you have your Erris resources shares in a nominee account. You’ll likely find that they’ll appear in your account with an unlisted or similar status.
If you have them in a SIPP or isa, make sure you have spoken with your broker to have a regular trading account opened with them, so that the broker can hold them in that account. (Actually not sure about a sipp - I still need to check that one).
But having spoken with the mgt team at Erris, I’m confident that they will realise their intentions of finding a route back to market for the Erris gold resources company in the not too distant future..
L.
Jet47 how much time do you have on your hands?!!
Tricky one.
My personal opinion is that today and tomorrow is likely to see big rises as people buy in for the free gold shares.
I have longer term targets in mind though based on the quality of the lithium project which I just don’t think anyone has got their head around the real value here.
Long term target post egm £1 per share ( pie in the sky maybe - but is £200 million market cap so far fetched for such a project? Especially so close to production?). Nearer term aspirational target of 50p per share, shorter term fairer value target of around the 25p Mark..
L.