Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I had overlooked that,in a way more positive,yet more income from exercise
Have you forgotten that the suppliers’ shares also have warrants attached to them? Just another 109m plus 55m. A mere 164m more. Peanuts in the scheme of things. (That’s sarcasm in case anyone cannot see it).
If one does the maths
333m shares at 0.45pence raised GBP1.5million
333m warrants at 0.8pence will raise GBP2.6million
166m warrants at 1.0pence will raise GBP1.6million
So in total this is rather like an advanced placing for GBP5.7million at a price of 0.7pence
All rather intriguing especially if you look at EUA with this kind of situation,we also share a director
I am encouraged by the fact that all directors took the placing and have the warrants
Hence a move over 1pence is an ideal scenario for the company and board and maybe some shareholders
Let us see how the first half goes this year
TTP
TTP,
Your are of course right, the easiest way for Kibo to get more cash for working capital is to have the SP gear through the 0.8 and 1p Warrant Prices. Due to the amount of share numbers outstanding and authorised, another placing here is actually much more difficult.
Let us hope that is why Louis Coetzee has gone as quiet as a churchyard mouse if late, he’s working on the kind of news that will do that.
JD
Really not seeing that as an outcome,cash replenished by warrants exercise
Focus on the warrants now they are almost double this share price
Regard;ess there is plenty of cash here
Sanderson etc do not buy assets,they buy stakes to make returns
I will keep adding as long as it remains here and I get funds
TTP
Good Morning and a happy Friday
I have just added 2 more pieces,1million was hidden on the scurge of ISDX
Onwards
TTP
Just 9.64m what a lightweight! :-/ lol
SYM Aerial. For far too long its been the PIs who have been buying the shares on every bit of bad news with spin from the leader. Of course he waited till now to put his hand in his pocket. I will own up to having 9.64m shares now and I'm pretty sure there are PIs with more than me. Its been the PIs who have held this up with their buying but they ain't doing it anymore. Lets hope for some positive news soon to pick up spirits and the SP. I wish every Kibo holder the very best of luck and good fortune.
Think that is the trouble here AERIAL, nobody has anything to give anymore and the investors now aren't looking too keen to plough more in at the moment. STALEMATE!
Something has to give imvvvvvho !!
BB I'm with you go on bring it home.......
I think the stars are aligning and its a case of when, not if. I will also go out on a limb and confirm that the share price will reach £1.86.
Think you are right JD. I see a similar scenario where the asset are picked up on the cheap or the company is taken private - unfortunately.
JD, never a truer, more accurate (128 word) post written to day. Superb analysis borne out of frustration, anger, lack of information and being totally ignored by our hapless leader.
Your guess is as good as mine, Bcl, I doubt LC even has a grasp on things here anymore. It seems utterly listless.
Judging by previously disclosed cash burn here we will need funds here again in mid-March or so.
Considering we are already at the 2 billion authorised fully diluted level he would need to call a GM to raise that threshold, he won't do that as he won't risk that blowing up in his face.
If I had to bet it will be deferred payments and sanderson cash all the way to the AGM as last year and to what at that point I have no idea? Unless something happens and big we are looking at cataclysmic dilution in H2 this year sooner or later.
JD
Come on lighten up guys, it's only money !!! :-|
It’s looking more and more like that JD. Where is the PPA news? Oh yes we were told in the Q and As that this was never going to be a quick win. No **** Sherlock. 5, 6 , 7, 8 years later and we are still waiting for one project to actually get over the line.
I really wish I did not agree with your post JD....
Probably going to do an SXX. Wait till you have ran out of cash then the BoD, Shumba and Sanderson can make an all cash offer for 30% above the current sp and take it private at which point it will become a massive success having had PI idiots take all the risk for someone else’s reward.
JD
''Slow and steady wins the race'' Whoever coined that phrase must have been invested in something very, very similar to this. After due and careful consideration I have come to the conclusion that watching paint dry is far and away more entertaining than being here. Good day all.
and runs and runs and.........,