Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Are you wanting a cheaper entry tiny ?
Haha I feel sorry for you. Creating new accounts and going around De-ramping multiple companies that your not invested in. Great life your living! Try doing some research and back/invest in a company that you see has potential. If you done some here, you’d know that ICON are very soon if not already profitable.
Seeing as this is your second post here, I don’t think you know to much about the company as a whole.
No one knows for sure what the outstanding debt is or how much has been repaid apart from the directors, other than the £620k that was repaid in the last 2 issues of equity. But I’m sure we will find out very soon the remaining.
As for the re-rate waffle you mention. If you’d been here for more than 1 week you might know a few things. The SP went to 0.032 on the news that EHGO was no longer part of icon, regardless of the debt. That for a start is 250% ish increase on today’s SP.
Once the EHGO debt has been settled and then also notification of being operationally profitable. There is no question that This has to re-rate. A company that turns it’s books around and is now or soon to be receiving a revenue where before they were not. The company’s valuation will require re-evaluating thus the re-rate.
Tiny-Tim - I would love to know your thoughts? Having posted 9 times, over 5 different company’s. Always providing such informative posts (Sarxasm)
spaghettihoops - Good point. But I honestly think there was so much uncertainty they didn’t believe themselves they’d come through it. As for buying now, the JOE media contract that was announced in August hasn’t been revealed. So it would definitely be classed as insider trading if they purchased now.
I agree half the message re opportunities going forward joe media etc .... but if it's getting rosy and it wasnt before then whY would you not in good faith buy shares in your own company .... its logical to me I would if I was in a growth buisness and I had money
Well described
I’m pretty sure it was never mentioned that an update will be given by the 31st October. They did however state “The Company will provide further updates in due course” and also “ The Company remains on course to meet its aim of completing the restructure of its financing in the fourth quarter of 2020 and will continue to provide updates”.
The next updates are going to be huge for ICON. The fact they’re taking their time to put them together makes me even more confident they will be.
Are they gonna put it all in one RNS? who knows. Financial results for start of year, restructuring of finances, paying off the EHGO fund debt, operational profitable... A lot of updates due! Not forgetting the ongoing contracts with JOE media that have not been announced. With more lockdowns imminent, online media is going to thrive. We will also see https://infotagion.com/ getting a lot more notice.
As for director buys, I don’t think much of it. There are a lot of pros and cons both ways. The uncertainty of whether Iconic Labs would survive at the start of the year was a big concern for the BOD. So why would they invest? But the turnaround has happened very quickly since then. With contract after contract being announced in quick succession. Especially with JOE media. If the BOD were to invest it would very much look like insider trading, so in my opinion they are saving themselves the hassle by not.
Sit tight holding and look forward to the re-rate incoming.
Why do the board not hold any shares in there own company ...? I mean come.on I is a big question i have and I believe they are well compensated salary wise all of them so they COULD afford to.buy shares
Stated in one of the rns, im not digging for it but its there, They should be keeping everyone updated, its rude. I also can't stop thinking about the fact the BOD hold no shares on a main market listing,this is a big ? for me. And the lethargic rns that usually appears to hype the crowd its sad and misleading as had real hope this would be a powerhouse of a share!
just never gets the wheels turning.
Its the old boy who cried wolf scenario butvthis time its icon who cried shares! not this time mate. Imagine the investors they lose or steer clear by simply not having shares themselves. Main market wtt man
Who promised one ?
Great more lies