Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Points taken. Well said.
Unfortunately for the LTH I'm one, I can't see much news now before the end of August. Listening to JW that's how it sounded, EU grant should be forthcoming September time, new Chairman also, I suspect finance news would follow?
As far as I can remember JW still insists FID will be made year end?
So its a matter of waiting for a couple of months until the real newsflow begins. The downside is the sp will slip further, the upside is it won't take much of a sniff of positive news to reverse the trend and for it to go back up.
JW sounded bullish to me in the latest interview, therefore you have to be patient and await the turnaround.
By the way a few eco warriors won't stop the project and with a new prime minister in No 10 and the old useless administration out today, I think the British government may be a lot more favourable to these types of projects, that's assuming they are there long enough?
So a bit more optimism please, I am underwater here as well never though I would be but hey, you take the rough with the smooth, and knowing as I do how long these projects take to organise I'm not at all surprised.
Mr T
0.49 TO SELL my buy at 0.544 was not such a smart move . Keep the faith
..they seem to be gagging to break the 0.5p threshold.
Me too. It’s hard to press the buy button. I’m fathoms underwater too. But we need something solid to re-ignite the s/p. Have a great deal invested here (40% loss atm) but it’s hard to buy more-like yourself. Mr. Wood needs to prove viability.
Snowman
Thanks for posting, what is your take? It hasn’t done anything to dissuade me on my thinking of it’s all a plan B (not a very good one), as the wheels have rightly come off plan A.
I’m well below water here, and normally I’d be averaging down on today’s price, hard to press the ‘buy’ button though.
Don’t know if ur shareholder or not. Do know that you got a bag of chips on your shoulder and need to grow up whatever the reasons behind your comments. Sorry if your life not great. I have problems too. But I don’t dump s**t anonymously or in person.
can be up to all sorts of games to relieve you of shares cheaply. Yes sometimes it is true lack of belief in promises . But don’t trust Mr. Market to be a true sage of reality. AIM usually works short-term anyway. There are sometimes no reasons why they put price down other than to bore holders into selling.
I am curious as to other reasons as well. I see no evidence as to why the deal should be less supported now than 3 weeks ago at 0.8p!!!
is this an excuse to drop the price to encourage shareholder malaise/ cheap sells or is it due to protests??
Speculation welcome.
Response to email re point 3.
' Thank you for your email and also in the confidence that you have in the team. It is very reassuring to see this level of shareholder support and we remain motivated and committed to delivering our projects and overall projects strategy that we have been sharing with all our shareholders for
In response to your question specifically on the consideration payable to Meridian for the FSRU project, there are a number of elements that we need to take into consideration during this due diligence period, chiefly amongst them are issues such as longevity of the existing permits and consents, detailed engineering and design and, of course, the economics. We are in a period of exclusivity to determine the economic and technical viability of this project and in order to make sure that it fits within our overall str
Clearly, we do not wish to engage with a project that does not add value to the company and its shareholders. Hence, we are taking this period to understand the detailed nuances of the project in order to make an informed decision which needs to be in the best interests of the shareholders.'
Ends.
Pays yer money and takes yer chance! I suppose we have to have fàith and watch the space!
Hot hot investment.
Ice cream powder.
Spend your hard earned pennies on a nice holiday at the beach .
Brown's bay is nice not to much salt in the water.
You could invest in an ice cream.
Sorry you spent your hard earned pennies.
but I wouldn't be surprised to see a large late buy trade today or tomorrow ! Time we had some action !
HI snowman any reply from the email you sent
Boring tosh !!
Hey Mitch me old mucker, how did you get on with the FCA?? remember you were running some thoughts past them, way back when, in respect of some dodgy dealings? re Infa.
I'm very surprised you have never updated us all on that? what happened? any news to report?
Mr T
Mitch.
You and your sad life have my sympathies.
Hope you're better soon friend.
tooth and claw
that this is now half the Placing price in January. I’m flabbergasted. Massively oit of pocket but this market is red in tooth and law.
Exercising shareholders’ rights.
We are too often cannon fodder.
It was only by getting together that we managed to oust the original leeches in charge in July 2017.
Fair shout......have now asked for clarification by email.
IMO if you are worried anout it-as you rightly should be as it is very confusing- the first port of call is the company. Phone or email. All else would be our speculation.And we all know never to make decisions based on BB’s . Well...many of us.
They have a duty to clarify this to confused or worried shareholders. Importand bit is not before FID and funding.
But you’re right.
Too many shysters exist in the market so it needs clarifying.
Yes...overall I am............it's just that point 3 scares the crap out of me !
Who knows what goes on the holding company looks like a newish company . So there track record is ? Snowman you was so positive
To expand on that....I guess I'm worried of a vast amount of money disappearing untraceably into the tax haven of the Cayman Islands.
Anyone else think this point 3 is a bit 'open ended'?
........'3) a cash consideration payable upon completion of the acquisition (not expected prior to FID and therefore not prior to the necessary funding being received by InfraStrata Energy UK Ltd) equal to the value of the FSRU Project determined by the parties which exceeds the value of the 100 million new ordinary shares in the Company to be issued to the Promoter as per 1) and 2) above.'.....
If it's equal to the value of the project.............to me that suggests we will never be able to make money on the project............. I know that can't be right but I just feel uneasy about the wording of it.........just sounds a bit scammy..........is the wording normal?............is anyone who is more corporate savvy comfortable with the wording?