Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I'm curious.
Did anyone accept his offer to ask him again a year later?
Longwait,
"Am I a fantasist, who has imagined that such an exchange took place?"
No. Although I wasn't there myself, I remember that exchange being reported here by people who were present.
Almost three years ago, to this day, RB asked RT whether he would accept an offer of $500 million for Lincoln.
RT replied that he would not, but added, 'Ask me again in a year's time.'
Question:
(1) Am I a fantasist, who has imagined that such an exchange took place?
(2) Was RB off his rocker to imagine that anyone would offer 20p per share (at recent exchange rates, and without dilution by bond conversion) for Lincoln alone?
(3) Was RT even crazier than RB to imagine that Lincoln alone is worth more than 20p per share?
(4) Even if RB and RT were both wrong, is their exchange an indication that 6p or 7p per share for the whole company is a gross under-valuation?
Réponses sur une carte postale, s'il vous plaît.
NB. RB = Richard Bernstein ; RT = Robert Trice
https://twitter.com/CrystalAmberRB1/status/872428322969571329
I'm not sure what a '..te mathematician' is, but I do have a degree in mathematics.
I should have written 20p per share, not 200p.
I had calculated that figure - 20p - long ago in my head, by dividing 400 (million) by 2,000 (million) and getting 0.20,
but when it came to writing my comments, I divided 400 (million) by 2 (billion) and got 200 - a bad mistake.
According to your figure, it was about 33p per share at that time.
Thanks for pointing out my mistake.
Longwait - I am curious as to how you equate a $500m deal for Lincoln into 200p per share when there was 1.2b odd shares in issue at around that time which was pre fund raise for AM. Maybe not a fantasist but more likely a ..te mathematician unless of course I'm missing something.
Almost three years ago, to this day, RB asked RT whether he would accept an offer of $500 million for Lincoln.
RT replied that he would not, but added, 'Ask me again in a year's time.'
Question:
(1) Am I a fantasist, who has imagined that such an exchange took place?
(2) Was RB off his rocker to imagine that anyone would offer 200p per share (at recent exchange rates, and without dilution by bond conversion) for Lincoln alone?
(3) Was RT even crazier than RB to imagine that Lincoln alone is worth more than 200p per share?
(4) Even if RB and RT were both wrong, is their exchange an indication that 6p or 7p per share for the whole company is a gross under-valuation?
Réponses sur une carte postale, s'il vous plaît.
NB. RB = Richard Bernstein ; RT = Robert Trice
https://twitter.com/CrystalAmberRB1/status/872428322969571329