Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Why would you buy at 0.16 when you could buy 0.04
Where is the brain
Yesterday she was the top riser of the board and today she is the top faller of the board. But tomorrow staying in the middle of the field
This is the life in this. Stocks market
What happened?
Board changes lead to 100%+, MMs take profits, stop losses are triggered.
More importantly, significant rise just because of board changes - way way way over bought, now people are bag holding and waiting for the next significant RNS
Sold to. B. P
Is that what you think?
I don't think there will be fund raise. I believe this company will be sold.
Good to see the board changes,well overdue.
However looking at those trades there could be a fundraise on the way.
Not a bad thing but I will wait for that funding RNS.
Once that's out of the way then its game on.
Gla
Troajan
the bounce is coming
EarlofAim
loading up now
Bought some it was n/t
Nice find
There are some BIG players involved now.
The benefits mid-long term far out weight the risks.
Trust the process as this could be life changing IF you hold enough stock!
Https://www.oedigital.com/news/507178-namibia-grants-global-petroleum-partners-2-year-renewal-period-for-offshore-block
Oil and gas company Global Petroleum said Monday that the Namibian Ministry of Mines and Energy had given approval for the company and its partners to proceed to the First Renewal Period ("FRP") of Walvis Basin license PEL 94, with a duration of two years from September 2023 to September 2025***
There is mention of sector specific experience in the RNS. I imagine they will announce further appointments with more focus on the regional side.
Let us hope so but it is a,fact that all three new directors have made their name in financial services and hedge funds. Maybe they will surprise us with their knowledge of oil and gas but so little time to sort the license out
Well they must have something planned strategy wise and as Earl mentions they have 2 days to get it out to market. Personally I reckon with the cv’s we seen yesterday it won’t be daft!
Agreed and the nomad wouldn’t have allowed a new board to come in if there wasn’t a proper strategy and financial plan to get the company saved and turned around
And given the credentials of the new board - we need them more than they need us so them coming on board means they’ll want to do something very grand and big given that they’ve got real city reputations and clients and contacts
Start of something big here - people will kicking themselves imo when we say bye bye to the teens and buy premiums here
I'll wait for the company to raise funds or get a CLN to pay the obligations or else No licence, No asset.... simple as that
this could get suspended if no money is available to pay,
Hence Old Board of directors left the company.....
company literally has nothing.......
Must be part of the 'MM' brigade lol
The Company requires significant additional funding in order to cash-collateralise the guarantee and meet its licence and other payments due in the near future for which the Company currently does not have sufficient cash resources. In the event that the guarantee and other licence payments are not paid, or further deferred, the Company would then be in breach of its obligations under the licence and associated Petroleum Agreement which could result in the forfeiture of its licence interest. Accordingly, the Company will very likely need to raise funds via a share placing in the near future.
Pumpers are here people...beware!
2 days left to come up with money or else GBP in default
Lots of new ppl will be backing this horse ..
All good things come to those who can wait !!
Remember news cob!!! It’s moving again