Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I think it's going to be anywhere between 50p and £1.50 depending on a full buyout. If theres no sale, then we are all invested in a very promising company and we will make it to those figures soon enough. Further to that, I think this will have attracted the attention of many more companies / banks looking for a takeover
My guess..
77p - No flanks.
111p - Everything
you best look for a job then.
do you really belive that, you mad or what
I personally would have been happy with 20p that's a very very good profit for me, however I think the price should open just above 40p when reinstated. If there is a fierce bidding war we could get a 125p surprise xxx
Within 10 minutes Sammtex was filtered. Every forum has this type of user where they go against the grain solely to gain limelight and attention. Spouting absolute tripe just to get a reaction. I don’t think this is about de ramping, it’s a phycological issue where it’s descended to the point where someone is ‘needing’ attention in the form of internet based avatars simply mentioning him / her in a post. Man that’s a sign of desperation. Move on people and let’s have a recap on the positivity that has presented itself in the past few weeks!!
Me too hope2gain, wrt losses, inexperienced and very impatient. Learning the hard way so far. GLA
Daniel. A sale price of 50p would be a life changer for me. Have lost significant amounts in the past due to inexperience and impatience. Had I waited with some shares I would been in a great position now. A good sale price for EUA would be simply wonderful, actually anything north of 36p. If this comes off I will celebrate with a few real ales along with some Rum on Tillywhizzs galleon.
Sammtex
You base your criticisms on the fact that lots of people on this BB believe this share is worth 700p. That is simply not the case. A few of us have made the odd reference - ie I said if the share was £7:47 we could buy a Boeing. That was a joke Samm. Irony. Monty Python??
Did you not realise that? Are we all thick except you?
Now please stop asking everyone why the share is suspended and give us the benefit of your knowledge and intellect.
Why do YOU think the share is suspended Samm?? Do tell.
The ACF report was a clear signal from Dmitry to us shareholders where the negotiations will begin, so .60p minimum, it could anything above that !
For me, with only 150K shares, a sale price north of 50p would be nice and would give me a good few years of stress free living. I know the 700p value is nonsense (from a computer somewhere) but we are allowed to dream of becoming a millionaire. Being honest, I have invested money that I cannot afford to lose, because I believe in the potential here. I am not in the best financial situation but trying to do something about it. I see some negative views from posters on this situation which are probably best kept to themselves as there is nothing we can do about this situation, the old saying 'if you've got nothing good to say'. Time will tell but the vast (another stock I hold) resources here remain and, at this time, are going up in value. Life changing amount is £2 for me, fwiw. GLA
Thank you Rowka, Prema28
Yes, base metals in the ground too!
All roads lead to Rome.
Make that starting bids 51p...lol
Not forgetting the value of all the other base an precious metals in the ground too!! Wk is a 300-500 mil a year once fully ramped up which will probably be end of year!! Take wk and Mt is totally derisked an pure profit ie wk pays for the bid mt is just profit money then so £4 minium starter bid please gentlemen
I know I’m looking at this through rose coloured lenses BUT……………I too cannot see how for the life of me this company is going to sell for anything as little as 25p per share. Although let’s face it for pretty much anyone holding that would be an extremely satisfactory result.
No, even if Eurasia only has a definite 2 million ounces, a highly likely, but still uncertain 15 million ounces and just a vague, ephemeral possibility of up to 40 million ounces, to my mind that total is worth an awful lot more than 25p.
40 million ounces of palladium at $2500 per ounce is worth $100 billion (palladium currently $2740 per ounce). So how much is a unique property like Monchetundra worth, the last unconsolidated palladium play. Taking in to account the political risk, costs of extraction, fluctuations in metal prices and all the rest of it, 2% or 3% just doesn’t seem to me to be nearly enough. How about 10% or 15%.? That seems a much more acceptable offer to me.
I can hear people reading this thinking……………yes, but that’s ridiculous, no one is going to pay anything like that; so I will take that opinion on board straight away and go with the lower percentage value of 10%. That is $10billion (I’ve just knocked of $5billion…lol). Now I’ll halve that because I’m still being hopelessly optimistic which brings us to $5billion. Now I’ll take account of the fact we own 80% so that brings it down to $4billion. Now, I won’t take into account any value at all in West Kytlim or the tailings project, the purchaser can have that thrown in for nothing as well. Now I won’t take into account that currently palladium is trading 10% higher than the figures I’m using. Also I won’t take into account that we believe there are several companies interested in buying us. What else can I do to make it more tempting? I don’t know………..let’s halve the price again, no reason to but just for good luck. That brings us to a rock bottom starting price for bids for the whole lot at $2billion. Strangely enough that would be around 56p a share which is what we’ve already seen before. Being a generous type and because I’ve been discounting this already left, right and centre I’ll knock another 10% of for first mover advantage and say 50p we’re interested in talking.
Opening bids have got to start at 50p haven’t they? ( Otherwise why sell? Let’s just go back to plan A and do it ourselves. ) Realistically though, how can this sell for anything less?
Well let’s have a guess of the sale price part and full s
Mine is 50p for part
£1 for full
Just a abit of fun!!!