Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Oldfinger, absolutely no chance of double figures today or anytime soon, the company is in very serious financial trouble, we have just enough cash to do what is stated in the RNS, if we have anything that delays said plans we will be out of funds in no time at all, i note the ATR72 are further delayed to quarter4 , further costs.Interesting re the cash stuck in Zimbabwe, let’s hope it can be used soon, I see Fjet trading at 5p in no time at all, and I’m confident it will continue trading but more than likely taken out by Solenta, I’m astonished that the placement was successful ( thrilled), also of note is Bulawayo probably not until November.
4 rns's today
Chello...there will b plenty of other opportunities...I am hoping for this to hit double figures today
was thinking about buying yesterday, If I did I would have sold today for 150pc profit. Missed it!
Placing completed!!!!!!!!!!
I think you'll be lucky to see 5p, but if it does I'll be buying more.
Very True....Fingers crossed...Lets see what happens
It may retest 5p, I will buy then
The huge drop in SP over past couple of Years...with Funding now secured...surely this should be at least in double figures...I am in...GLA All OF
Likewise
Whoever bought around 3p! I was meaning to buy yesterday then completely forgot! Not happy
business looks to be improving costs down shareholders backing should go back to 15p last weeks price at least.
Great RNS and 120 pc rise. Too late for me to jump in now for a quick trade but mid term think this will get to double figures GL all holders
As I said all be good on friday
Nice premium. Oh hang on, want it 15p at the start of the week. Wicked discount and a cheap way for Solenta to gain control. Ouch.
Can you mugs cough up more money.... $10 million should last another three months going on current burn rate. Investors are obviously getting something out of this - probably draining money through wages and consultancy fees.
No administration, funding secured!
Oh look we got that funding, and Mr Hurst has come along to help. Ka Ching
not holding here but tomorrow there should be an RNS. either before, during or after market closes. maybe shares will get suspended pending a further update.
Also Read: Low cost airline Fastjet enters Mozambican market
Five Mozambican companies were also authorised: namely Mozambique Airlines (LAM); its subsidiary Mocambique Expresso (MEX); the air transport division of Mozambique Railways, CFM Transportes Aereo; the long-established light aircraft company TTA; and Solenta Aviation Mozambique.
LAM has come under severe criticism for its poor service with issues such as overbooking, delayed flights and even cancellations. It will now face strong competition from the low-priced Fastjet and the highly regarded Ethiopian Airlines.
Source: AIM
From AIM Reporf - Club of Mozambique, September 2017
I guess the Toulouse three were the right size and came up at the right price n time when routes/ pax looked to be growing- code share on the horizon etc - so Nico went for it....Were they not ex Blue Crane ? and one leased from Solenta so v cheap ??
Who knows ...
I have been invested here since before the launch in 2011. I have not posted for years because losses in excess of 97%. If this is the end then down she should go. If I have the chance to vote I will not accept a reverse takeover. Refinance or nothing
I did notice when looking at the Website routes section a few days ago that it was stated all these flights were being operated by Solenta. Did we know this?
Looks like Solenta have the shareholders over a barrel on this. Hard to say if Nico will benefit from all this, however, it looks like he has destroyed fastjet as far as current shareholders are concerned with his disastrous decision to introduce a second new fleet when he was supposed to be reducing costs. Will be interesting to see what the cost has been per revenue kilometer if the results do come out tomorrow.
He talks a good game but it was all a con he never improved the losses and cash burn shocking management and a betrayal of the shareholders who believed him