Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Do you think the directors are taking the proverbial when they state on the website under shareholder information, "We are committed to creating value for all our shareholders". It would seem they are confusing the shareholders for the Lesotho Government, the community and the directors.
When are shareholders going to see this value creation? You would think at the very least they would be buying at these prices. Apart from Clifford the rest of the directors have a very small shareholding.
Re the 100 carat stones they normally put pictures of them on their website and social media pages, the one in March was put on. Nothing since.
Could I ask,
Does anyone know why they don’t delete the shares bought back, but hold them in treasury?
Will they be deleted in due course, otherwise seems non-beneficial to PIs if they are only there to be subsequently awarded as bonuses to the directors.
They didn't put out an individual RNS for the last stone. They just included that in the last trading update. Perhaps they are no longer issuing RNS's with regards to large stones anymore and will just headline the major finds in a trading update. We could certainly do with a 500ct at the moment though to get the share price moving in the right direction.
Diamond Index seems to be close to bottoming now but still downward pressure, let's see what the Q2 results look like, the large stone recovered in Q1 will help but nothing reported since a concern as they generally recover 8 100c+ stones a year.
Only two days to keep our fingers crossed!
The tenders finish on the 16th June.
Pop, likewise . Just looking through my history- first purchase was Jan 2009 @ £2.75 and I thought it was a good investment at the time! Luckily I sold and kept away for a few years, dipping in and out occasionally. Like you I have been buying in the low 20’s but need sp to double to get me out of the red.
100, do you know when that will be?
I have been in and out of this share for a few years, it has not done me any harm generally , the last time I sold a little late after they had finished share buybacks, but still made profit. This time I've been a little early buying firstly at 29p, and over the last couple of days I've been buying more at 22p.This company comes up with special diamonds that sell for premiums(they must be due one soon), whatever the state of the diamond market, and with the hope of a buyback think these are cautious punt at this price.
They could be waiting for the money to come in from the Antwerp tenders.
Disappointing there have been no share buy backs since the AGM. I can only assume that they have been spending more cash than sales revenue this year and they need to preserve cash which could be a concern.
Promising news
https://rapaport.com/news/chow-tai-fook-sales-rebound-as-tourism-returns/
Have thought a merger with PDL would make sense for a long time, plenty of synergies as you say 100, the enlarged group would be much stronger. Another that may be interested is Burgundy, they are into the large valuable stones that GEMD produce too, as well as coloured fancies.
With a NAV of over £1/share someone must be thinking along those lines.
I wonder if GEMD is being worked on for a cheap takeover. Surely it's getting to that level where the likes of PDL may think they could offer an all share deal. There would be synergies and a lot of costs could be cut out. Just a thought.
I don't use it but have a look at the TA chart now and again. Don't think it works with a stock like GEMD, not enough volume
Do people really use this? In the past 6 months they have got it wrong more than right.
For those that like TA....
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=GEMD.L
Just topped up also for the third time this week - still need a massive increase to get me out of the red.
The AT seller still active I see, is that the hedge fund shorter that's determined to take the share lower or at least hold it back from rising? Need a big stone or 2 soon to move it up
Top up for me, I’ll stick for now…
Let’s hope the share buybacks create a new bottom.
Gla.
Agree would take too much buying to get the SP back to 30p, hedge funds closing plus PIs adding/buying the bounce back on the chart.
That would be just what is needed - this share is killing me. Done well over the past two weeks with CCL and 888 but nowhere near enough to cover my losses here.
They were buying them in the 50's not long ago so they must think that they are way oversold now.