Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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i would imagine many will do that if there sensible, but i wouldnt personlay rush to dump on that day, the price might dip a lttle short term but it will still come back to near offer price imop
I wouldn't worry, usually after this type of activity large buys start appearing. Ever since the bank RNS the MMs have appeared to have to work to fill large buys that come in, i've since seen it countless amounts of times now.
GLA
Must admit I've never seen such a sea of red on a share! What are people doing lol... I saw someone sold 11 shares and banked that £1.89..... really!? I'm holding and waiting may even top up ... amazed how few people are topping up!
Morning Ian
exactly what's a few digits between friends
The 'I want it now investors' are getting anxious and seem to be selling like lemmings,
nothing has changed that I know of?
Rollover
If they are buys ? sp has not responded very well !
two large buys
or buys ?
chunky sells ??
I would say that we're certainly due one mrbrian. FSP running, the big one could land at any stage tbh, but there are a few fronts news could come on. Flanks licenses landing, WK production/operational update, a revised reserves statement building on the existing Feasibility Study and state approved reserves for Monchetundra etc.
GLA
Hey Mac.... a break through of anything would be nice never mind 1996. We must be due an RNS update? The BOD are looking to maximise returns for shareholders. Would be nice to keep us in the loop especially with the Jub debacle.
A break through the 1996 peak would be good.
GLA
I was just looking at dilution but could only go back as far as 2014. Thanks for that Ian.
Morning Weathergeek,
Great that people are carrying out their own research and coming to the same united conclusion, we are worth much more than currently..
If I may add to your post, the share price did not fall exactly as you have stated, it was due entirely to dilution as cash raises were required along the way as exploration is expensive.
This company was started back in 1985 with 20,000,000, shares of £1 each.
During the years of dilution, we now find ourselves with 2,725m shares in issue, hence only 17p per share value today.
If we still only had 20,000,000 shares in issue today the share price would be in the region of ... £25 ... per share!
All the best to you
Ian
Thanks to all who've put up various links over the last months. After doing a little research this weekend I'm very happy with the investment here.
Key points for me, We all know what's in the ground so I'll leave that..
Mining is long term, projects can take 20 years or more from tests to profitable production. Often the true value will be seen at testing fundamental's stage, only for it to be decimated as investors pile out realising how long it will take to see profit.
In 1996 EUA peaked at £2.80 a share.
In 1997 EUA peaked at £2.50 a share.
From 1998-2001 EUA share price fell from 98p-24p
In 2008 Dmitry bought his first shares in EUA. £1m (20m shares @5p each)
Metal prices 2008...
Price of Palladium 2008 - $150oz-$600oz - 2020 - $1900oz $2800oz
Price of Platinum 2008 - $1,100oz-$1,800oz - 2020 - $900oz-$1,200oz
Price of Rhodium - 2012-20 $1,000oz-$5,000oz - 2020 - $5,000-$14,000oz (can't find 2008 data)
Price of Gold 2008 $700oz-$800oz 2020 $1500-$1980
Price of Silver 2008 $8.88oz-$200z 2020 $11.77-$24.50
Wether or not this is being held back for JUB to close or not, it's a steal at these prices its held around. I don't think Dmitry with his first investment 12 years ago @5p is looking at the 20p range... UBS etc wouldn't come onboard for those sort of numbers.
A stonking BUY from me. GLA