Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I see BZT started an action group where they have pooled their holdings and represent about 16% of the Company.....maybe we should start something similar and at least have a voice to EUZ BOD ?
Another thought just occurred to me....does the buying pattern over the last few weeks...small and gradually increasing...possibly point to a buy out taking place under our noses ? If they get up to 30% they will be forced to make an offer to remaining shareholders...its only a thought though....but something is brewing here just cant put my finger on it :-)
We have a good idea of the value of the asset following the recent released SS with actual numbers. But the sentiment is down due to lack of funding. LR needs to address this quickly, even if it’s just in an interview or RNS describing they funding methods or JV or partial sale they are looking at.
Yep. We need urgent news now. Not good
This is painful!
It’s purely a guess but the very same thought did occur to me too, decided to hold (but haven’t topped up either)
Does anyone else feel that possibly some funny games are being played out here.... Some very large buys and is it possible that the lack of news is intentional....just a thought....
Twice as many buys as sells and we drop and break even...
and 15m sale...
How many shares can company issue atm - anyone know
Biggest trade seen for ages.
Great !
Well here’s hoping you are correct Oiltap
It’s just hard to have much confidence given the way this has been run up to now.
Doesn’t anyone else think that the funding to keep the business going is just going to be another placing ?
And with typical incompetence from the management ( I’m using the term loosely when describing them ) the placing will be when the share price is down at these ridiculous levels.
I have no idea what LR might be working on but he needs to do something quicky to restore confidence/sentiment and provide an update on how they plan to fund proposed activities. Great price to average down once again.
Yesterday scared me!
Can do nothing but wait
What would be a sign of confidence is if LR and co bought at these depressed prices to take advantage and send out a positive message.
Remind me again, how much has our great leader Laurence baby invested in EUZ , just to show how much he believes the words that comes out of his orrifice ??
Lol...good luck. Pleased for you. You got it at a damn cheaper price than me...that's for sure :-)
Hi BricksSA,
I to now have over 1% of EUZ, all good fun.
I don't think there are any unless the BOD do a tied in deal where consolidation happens and new parties take stock at the new price with say options at a higher price and not discounted. This would keep the sp stable going forward. The reward is the value of the asset. Don't sell us cheap maintain the value.
Consolidation has cost. IYO, what are the benefits?
At 11.42 and 11.44 jumped:
STFL 0.021 - 0.026
SCAP 0.021 - 0.041
I suspect large - ish orders placed and filled.
10,826,304 is mine, it's just gone a bit silly, thankfully I can afford to let it ride for the rest of the year.
They could consolidate @ 100/1 with conditional funding in place, but I don't know what impact that would have.
The BOD must be perplexed considering the effort gone into the project to date.
While it's taking a battering on small volumes in order to give them time to sort out a deal.
At these levels given and what's in the ground there's no correlation between the two.
GLA IMO
Doesn't look good at all at the minute but so long as it doesn't fail sentiment could change