Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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At this rate Sotolo is going to end up with more shares than the Board of Directors lol
I think there's some credence to the tax liability reason though, this exact time last year the CEO sold 325k shares also to meet tax liabilities of vested incentives.
Was just having the same thought, Sotolo.
Gosh first chairman sells a third of his shares, then they hedge silver at 27 worried it will fall, then CEO sells a third, they might see PM’s really tumbling. Hope they are wrong, but looking ominous
I'm looking at the RNS and it's saying currency USD and prices ranging between 2.98 to 3.18 which corresponds with where the shares were trading in GBP over the last week. Not sure if there's a typo in the document you're reading?
Not ideal regarding the sale... but given that the CEO's total comp for an on-target year is meant to be 60% variable pay (performance bonus and LTIPs) and i can't imagine he's going to get paid much on the variable side for last year's poor operational performance and the share price still pretty weak vs when the prior LTIPs should vest makes sense he'd want to cash a bit out to pay bills. GBP500k base salary is pretty good to live on but not enough for big purchases!
Dragonscar, thanks for your reply, but in the director deals the currency is referred to as GBX ? Which I believe is UK currency Besides Edoardo Hochschild sold in December at around 200p which match the the share price at that time and the currency is still shown as GBX.
that's the USD price
How did the CEO managed to sell more than half a million of shate at an average price above 300p/share between 18/02/21 and 24/02/21 when the share price did not even get any near that value ? Can directors sell at a higher price than all of us ?
Looking for $1,730 on Gold peeps - fast down/up.
jobs report was only positive because most of Texas couldn't get out to claim their unemployment money. Watch next Thursday the jobs report will be much much worse. I reckon a good week for PMs next week as long as they do not rig the ISM numbers. Non farm payrolls will be interesting. Yeah, silver is proving stubborn for now. Could break 28.50 tomorrow.
C'mon baby, come to Daddy ...
So what they are doing is working on Gold but not on silver it would seem...so although hoc a silver play it gets undermined (no pun) by gold falls....Silver is proving stubborn at $28 mark
M2 reporting discontinued by the Fed - they're reporting it differently from now on.
This is genuine banana republic stuff ...
Big yield push again - hopefully that'll generate the final drop on Gold.
With a bit of luck they'll organise a push on Gold to < $1,750 and then it gets interesting.
Mr King Kong you're on in 30 minutes
Yields @ 1.4%+ yesterday and gold closed even for the day - that's an astounding twitch IMO - it ain't over until it's over as ever but that really did catch my attention. Presumably the real yield, even at those "high" rates, is deemed to be net negative because of inflation so at least some of that money is taking the gold instead, and that's potentially a lot of money.
Oh and GS lowered their Gold price target to $2k from $2.3k too - nuff said?
Let's see if I am right a KING KONG sized monkey appears around 1pm UK time with the HAMMER of THOR for the BASHING of all TIME ?