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.
Apologies the sells, rushed through that one in-between Jobs
@RC Do not understand your logic..........'Example: Ask 2.60 plenty of buys @2.575 this is to trick the computer into seeing no buys at the ask'
If the Ask was 2.60 (and it has been all day) and the Bid was say 2.40 , then the mid would be 2.50, so anything over the mid will be shown as a Buy,. just look at the Buy trades on here for example at 2.575.
Lets settle the ship the MMs are doing a great Job!! Example: Ask 2.60 plenty of buys @2.575 this is to trick the computer into seeing no buys at the ask, then the standard quick succession of sells being as low as £5 which activates the computer to reduce the the ask price.Then the retailers start to panic and start the arguments as below. MMs know they have got the weak hands on the horizon.
Positives
Shayne Tan, who joined the GST board in January 2021, holds a Bachelor of Business Management Degree from Singapore Management University and has more than five years of sales, operations, and management experience in growth-stage companies operating exclusively within the blockchain and cryptocurrency sector. He is, alongside the Company's recently appointed Chief Executive Officer, Jack Bai, a co-founder of the Coalculus blockchain platform.
These guys know the game and will have negotiated the position knowing what they are forming. Only a matter of time.Guys
Riches within your reach RC......
Excellent points which underline the potential for LTHs and, of course, surely the Financial Advisers at VSA Capital, Simon Barton / Pascal Wiese, would have provided them with some sort of road map vis a vis FCA approval and ways forward and the suitability of the choice of Angra FX.
+44 (0)20 3005 5000
Just remember…they have also stopped progressing with their own FCA approval to become an API….WTF would you do that if you thought there was a risk this isn’t a done deal? Makes no sense to me, surely you would leave that process to continue whilst carrying out due diligence on the new company.
Due diligence on Angra should consist of
Forensic Auditing and Establishing that the company does what it says on the tin.
I can't see why they wouldn't transfer the API if the company is going to continue trading as previously but GSF may be going directly for approval to use the new blockchain/stablecoin platform.
Factor in that the FCA are slow and the 31st Oct may not be reasonable for everything signed off but I'm not too bothered and there are many who would dump the stock to go chase some other rainbow.
Pays yer money etc.............if you get my drift.
I'm not interested in short term trading this and I certainly don't want to be out of this at the wrong time as I'm certain about one thing and that is when GS Fintech get this all signed off it will gap up big time and the opportunity to get in cheap will have gone........Think ARB when it was 3p.
I have re- read the RNS several times and I'm still not positive on what is closing.I see it two ways.
1) Completion of DD with the FCA agreement to follow as well as the take over of Angra in a short period of time thereafter.
or
Whole transaction (DD,FCA and Angra take over) all before 31/10.
How do others see it?
Sorry .. October .. suppose It’s before 31st October it could happen any day now! I’m suprised the price of this stock isn’t a lot higher without trying to ramp, this hit 4.5 without the acquisition already in place .. which I’m sure everyone will agree isn’t pretty much done and dusted
scottyk-31st August ????????
Don’t think that JB is expecting the deal to be delayed 6 months if the DD is to be completed by October 31 st ,could be slight slippage from there as FCA might have a few questions but imminent would be a reasonable adjective for this deal GLA DYOR
Certainly won’t be 6 months .. ATH’s will be either Friday / Monday .. just can’t figure out which day it will be.. if the acquisition is before 31st August surely will be Friday with the 31st being a Sunday?
I only say 6 months as a very conservative time frame. Things sometimes take longer than expected and so that sort of time frame is worst case scenario to me. Rather plan for the worst than expect the best and be disappointed in my opinion.
Not disputing breaking ATHs just that you stated within 6 months,which is open to suggestion that it may take that long.
The difference is reality, there are tangible steps being taken that will in turn increase the SP. That's just fact... Then on the technical side, momentum has been strong and the last known hard resistance area was around that 4.5p mark. With what's to come, I personally don't find it remotely outrageous to suggest we will surpass that given the next piece of sizeable news to come out.
As I know the above to be true, the reason for posting and reading this thread is for good information offered by other users and sharing the good/bad days of investing.
Someone who forecasts 1.5p or less on no RNS or someone who talks of the share taking 6 months to test the ATH.
if we dropped to 1.5p the topping up opportunity would be incredible as returning to this price alone would be just under a 100% return and then when the RNS does drop?!!
Zac Muir quotes a return to testing the ATH by the end of next month without the RNS.
If we believed either of the above why are we invested here watching the price and posting on a bb.