Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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PS 20 years from now I think I'll be past caring but if you're still here then I think you'll be doing very nicely. ATB.
Yes, same here. You always have the smallest amount of ready cash to spend when the share price is at its lowest. I'm not sure this threads ever been exciting, lol. I must have missed that bit. ;-)
Agreed. I dropped off this thread a bit as I thought there was a bit too much excitement sometimes ha. I thought this would take a while and like you said, there is a long way to go. They are yet to post a profit and I plan on holding until they are paying dividends so could be a long while. But their potential is unreal. They have a moat, cash in the bank (and more on the way), high margin and very low continuing costs. The only way I see myself not earning dividends from this share 20 years from now is we get bought for a decent premium.
There will probably be another dip knowing this one. The share price is just a graph of rich people's feelings (borrowed that from someone). A lot of things would have to go very wrong all at the same time all around the world to stop this now. Covid couldn't even slow it down. I even picked up a few shares on sale at 5p. Raging I didn't take more.
GLA
Hey redjester, great to hear from you. Really appreciate your thoughts. I'm here from the pdx days and I've bought and sold as gut feeling dictated. I don't think this share could ever repay me what it owes me from the pdx days, but if I ignore that and look at what I've paid since I switched into this into my ISA it's between 4.7p and 12p. I don't want to think about the past so much as not sell up here until they've reached their potential. It's been a long haul and I feel we've a way to go yet. Good to hear from you. Alo
Been a while but sure I'll jump back in.
I don't want to predict the shareprice (although I said a while ago I thought 20p was fair and that has to be revised up) but in terms of the business what's not to like. Very interested to see the results and what effect they have. They have a unique product that is doing well everywhere it's launched. Restructured to take full advantage. Momentum building(although still some annoying delays) and unquantifiable upside in the US.
If you go on to sky bingo, coral, will hill, etc, etc etc the slingo games are very prominently placed. Some with their own section of the site. Sites only dedicate an area of their site to one game type if it's making money. Unheard of for one supplier to be the only one able to provide that game type.
I think a sale is possible but my new favorite route would be for GMR to license the game type to other suppliers. If anyone is familiar with megaways(the last thing to happen to the online slots world), they made games until they couldn't make any more, then they licensed their mechanic to other slots providers and boom, every game in the world has a megaways version.
I still have a nagging concern that the actual game mechanic itself could get looked at by the UKGC, but the company is clearly focusing on ROW so derisks that a bit. Still some notable gaps in the UK market as well. Paddy's/Betfair for example, but that might change since they bought sky
I've been trading in and out of this on spikes/dips but generally I'm holding here a few years and will be for years more. I think selling this for capital gains would be crazy. in 5 or 10 years this company will be paying serious dividends with very little ongoing investment needed. I've averaged in at about 10p.
With the amount of shares that's changed hands recently and the amazing uptick in price, why is this board so quiet? Very few regular posters here, even Stew has deserted us, probably because it feels like you're talking to yourself a lot of the time. Does anyone have any opinions or where this might go? All I know is I've been waiting donkey years for this company to reach its potential and I know it isn't there yet. Once it's cracked the US market I'll be satisfied but I've no idea what that might mean in terms of share price, only that we will finally be achieving our potential, if we don't get bought out before we get the chance.