Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Just logged on ! Well done Trevor!
Great news, depending of course on the amount of cash raised, some wild estimates here today.
Long, long overdue that we receive something which is sp enhancing.
LTHs like myself will breath a very big sigh of relief.
by the way we are mainly in the american market, they love fda approved, prepare to take positions on the rocket ship
market maybe currently not agreeing, investors have been buying @ sub 3p so we are seeing alot of profit taking imho, this will settle & the news will sink in, for iqai this is a transformational game changer gla
Wolves ‘market not agreeing’ do you honestly expect it to rise to 10p+ in one session......people might argue that you are deramping
Market based on mm’s profit not all about the company itself, sp 30p is a big jump but taking a small block of the globally revenue it’s a drop in the ocean.
Hard to work out if MM’s loading up at these levels as lots of 100k orders going through or if it’s day traders taking constant 5-10% on the volatility
I am going to take a chance it’s orders being filled and see what happens this PM
There was an placing for £500k for stonechecker here in addition to the already spent expenses to get it to market......so I would say £30 - £50 million is a conservative estimate
Expecting mms to let this go this arvo
It’s a $2b industry so SP hitting £50m/30p not much of a ramp
Wolves, yes I'm guessing but been investing in pharma for past 12yrs,so have good idea..
Wolves, ask yourself can you really put a price on loyalty?
Can't believe this isn't already 12p,make no mistake this is huge news for £9m company, £80m+royalties min imo.
Spot on...IQAI have done it...all cash deal + royalties. Once seller out this should see a major re-rate!
Wolves, most products never reach the market, big pharma wouldn't buy stonechecker if they thought it wouldn't make it to market, big gamble investing in pharma looks like IQAI have done it.
Stonechecker is worth $100m/£80m easy, plus 5% royalties which will be £££millions revenue.
going nt to buy
Not sure what value you can put on loyalty.... royalties however....!
Great RNS anyhow, should move sharply once sellers are clear IMO
Yep..CE marked + FDA approved + Large Pharma + LOI SIGNED + Due diligence commenced!
so Europe and the USA
CE marked and FDA approved
I do not think a major would waste anyones time and offer say 10 million cash here which is the current price.
Is it really much to ask to say 50 million for market leading tech? FDA approved?
I guess we will wait and find out.
Hugh RNS...but the MMs manipulating this it doesn’t feel like it..absolute joke!
This is fooking huge hold tight will be 20p in no time