Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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ohmarko - we should get an RNS next week with production. i dont know what exit price you had in mind.....but if it goes well you should be in profit then.
other big news will be septemberish....so i dont think you will have to wait to 2022. in fact if the SP is still the same in 2022 i would say it would be game over
I am on my 6.68 average but i am feels its big fail to me this company... its just time and situation ...would say i am better with other company like NEX or Stagecoach . it is wat it is, but for me its my mistake as for any results now i need to wait no less than until 2022 june, where its more clear view is possible with Debts and income. lets say i have drained now £6000 from benefits,as i am uneployed :P
Mr Wilks If an offer is made you will have a say as will all shareholders .
If your shares are held in a nominee account ask the entity for a voting form.
My av. was close to 40p and remains 45p in my SIPP. i averaged down to about 13p in other accounts...
Could it get back to 45p? Yes, subject to uncertainty being gradually dispelled.
Agree, when this was 60p it certainly didn't look like right time to sell. At that point I was on huge paper profit. Now sat on massive paper loss....
When it spiked at 64 nobody knew that was the top. I was still buying at 58 and planned to top slice at 70, with alot of people on here predicting over £1 and foolishly being swept along with the crest of the wave and FOMO I held on to the lot.
Loss of money aside it has been a great story to follow from A.M. in Dubai to first oil and tanker watching. Personaly I don't want to see the company sold but I don't have any say in that , just hope the bod does the right thing for all investors.
Keep smiling......
"I thought I had done as much research as I could but as time passed I realized I hadn't.
Not alot of money left in the pot to average down with.
Was £60,000 up at one point, but FOMO stopped me selling.
Very very expensive lesson learned.
Anyway good luck to all invested here, it will get better."
Pretty similar story other than I haven't fallen in love with the company mainly as I come from an O&G background so know how hard it is to bring the black stuff to market.
As I mentioned before, my only real regret is not downsizing my holding when it spiked to 64p on no news. Unfortunately I was at my daughters wedding at the time so did'nt feel I could sneak out and do a bit of dealing. Still believe I'll get my money back, just not in the timescale I was expecting.
@MrWIlks - sit tight. Things will get better.
5p is not true value here.
For longer term holders there was no obvious exit point.
The drop drop in Jan 2020 to 30p should have been a warning.
I actually sold out then but then shortly after bought back in as Lancaster seemed to be performing well.
I also made mistake of thinking the subsequent drops to 20p,10p and finally 6p couldn't get any worse.
Give it in 12-24 months time : this story aint over!
Unfortunately I fell in love with the company and also was probably being greedy.
I thought I had done as much research as I could but as time passed I realized I hadn't.
Not alot of money left in the pot to average down with.
Was £60,000 up at one point, but FOMO stopped me selling.
Very very expensive lesson learned.
Anyway good luck to all invested here, it will get better.
@fandg2 : I am in the same position as you.
My average is ~30p.
In theory I could average down - but don't want all my eggs in one basket. Already got more HUR share than I would care to admit. As I see it there is clearly some uncertainty - hence the recent slump. However the balance of evidence suggests the companies is more likely to be worth 20p+ than 5p. Therefore I hold.
The 2 present day big-issues (covid and resevoir) will both be answered in 12-24 months time.
Sit tight - holding HUR is a roller-coaster.
Hypermarlin,
It seems like his initial investment was £300kish.
He only needs £30k for an average down to 26p, not £273k.
That's the point.
Slift
"Can you not average down?"
I'm in the same boat but a tadge more down on paper that Mr Wilks, can't speak for him but I have averaged down whilst the SP was in the 30s and 20s and teens but after a while you have to say enough is enough. I'm balls deep in here atm but certainly not going anywhere and ready to see how it all plays out. The best thing about this board is knowing I'm not the only one in my boat.
What's the point in averaging down? If MrWilks chucks another £273K at it, and gets his average into around 26p, could he not perhaps better put that £273K into something else better able to make a return, a few times over, than waiting forever for HUR to claw all the way back up? Time & opportunity cost are parts of this equation/consideration, no?
Average price- 6.2
Target price- 24
Ouch Wilks.
I don't believe that HUR has any immediate threats. But i also don't think that we'll see 40p anytime soon.
Can you not average down?
I am sitting on 46.1 average
currently £273,000 paper lose
would like to think it could hit at least 40 to retrieve some loses
I don't mean to rub salt into the wounds, I was origninally in here years ago but sold out at breakeven, was tempted with a 12p buy was was too busy in the garden!!
I now hold a substantial holding with an avg of 7.76, tempted to avg down but I've been burnt too many times with the AIM casino!
The fundamentals all point to a higher SP, but we really are at the mercy of the markets.
"Lots of longer term holders with averages of 20p / 30p."
You forgot those in the 40p bracket ;-(((
Average Price : 5.8p
Target : 12p
Lots of longer term holders with averages of 20p / 30p.
I remain hopefully share price will eventually return to similar levels but it will take time (12-24 months) and assumes no big surprises
Average Price : 7.2p
Target : 24p
I'm interested to see what peoples' averages and targets are for this stock.
Post yours in the format below on this thread!
Average Price: 5.8p
Target Price: 8.7p