Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
@Howardzz, 31 Oct RNS (Brad's sacking):
"The Company does not intend to appoint a new CEO until after the receipt of the financing proposal for the construction of the Kola Potash Project. The Chairman will assume the role of CEO in the interim. The process to reach agreement on Engineering, Procurement and Construction contract terms, and to receive a financing proposal for the full construction cost of the Kola Potash Project, is now near completion and is expected to be finalised during the first quarter of 2024 with construction contractors scheduled to be mobilised during the first half of 2024."
By 7 December we have more news coming. The Chairman recently sunk more hard cash, via Trusts, into the fund raising. My take? whatever happens, it will happen in the next 2 months; IMO, good things and even if another fund raise is required for the mine to take off, the SP will be higher in a year's time.
The SP shot up last year, after the invasion in Feb 22, as the price of potash tripled; over the following months, the SP tracked the potash price deflating down (plus, the ups and downs with the delays in the EPC, cash running out etc); just because a lot of bad news dragged the SP down, doesn't mean that it will not recover;
I was writing here in the past, mostly to dispel - based only on logic and public info - ALB's deramping eg that the Minister would revoke the license, that the Chinese will pull out, that cash will run out and massive dilution and bankruptcy would ensue.
Guess what? KP2 is still here and IMO, there is light at the end of a very long tunnel; I repeat, all will be revealed in the next 2-5 weeks (further dilution the main short term risk IMO) but the trend is positive. In the long run, Africa will need to eat and the West will move away from Russian/Belarusian potash. All IMO.
Good luck and here's to a great 2024!
Not sure what difference LTbeliever's thoughts make! He's been wrong as often as ALB1 has been right! In short, nothing voiced here makes the slightest difference to the eventual outcome. I've lost faith in any jackpot here - simply emerging with a profit is all I'm hoping for. Lesson learned. Just think of all those other AIM companies I won't be investing in! Seriously, investor fatigue could have a lot to do with all these 52 week lows.
This SP is a real lottery. But maybe the old dog will bark. I wonder what LTBeliever thinks right now. I hope he will come back to this site....
With buys to sells apparently 100-1 I'm surprised the SP's not up a bit more.
As long as the buyout is minimum of 1.5p I'll be happy just to get my money back. No way we are building anything. Can't keep delaying EPC just wondering how long it will happen after EPC is rejected. Unless BOD accept regardless of terms which is maybe why Brad went?
Fair dos - ALB1 has been more often right than wrong, not that that says much! Let's hope we all emerge with a profit after ZIOC is shaping up to be a huge disappointment. A bit like Labour under Starmer.
News is leaking....
Looking positive for some major announcement over the next couple of months or so....
No comeback......LMFAO
So why did you buy in last Xmas, against your advice, on the basis of your own "inside info" that never materialised?
And the many times you wrote that "this is a 10 bagger"?
I attempted to provide LT advice last year when this was trading at 1.2p, I advised selling and buying back triple the amount.of shares. He should have listened . I explained this was going to fall to around 0.35/0.4p. I wanted 0.25p however that will not arrive I admit. I now hold and will wait.
LTB - Thanks for this. Let's see. And hope
Thanks Howardzz.
I v been following the events, my only worry now is how much the Co will have to raise as a prerequisite for the EPC, when (before or after EPC is sealed) and at what SP (thus, determining any further dilution). Most of the scaremongering of ALB - as expected -has not come to fruition (delisting, bankruptcy, license revocation etc) but we will need funds to develop the mine. But, we are nearly there and Africa will be a huge market for our potash.
It is good that LTBeliever is back with us, after a long break. He is one of the few measured and well-informed people on these boards. I just hope his words prove to be prescient about this company. After years of waiting....
Jiving, how dare you say ALB is deceiving the BB? He's simply entertaining people. Always with WIN WIN comments!
If SP drops after further dilution, he will say "guys, I sold ages ago at 0.48p"; when the SP rises, he will say "guys, I have now 20 million shares at an average 0.50p, or thereabouts".
He can never lose, I guess we must thank him for his funny comments.
But ALB1 surely you are not deceiving the board again, I mean why buy at an average of 0.48 when you are expecting 0.25?
Your post Sunday: "0.25p next ...... Then the delist."
Those were my big buys today beardozer,,. Hold 7.5m shares now at an ave of 0.48p. Will hold for 1.5p.
You've done a grand job but I think it's time you threw in the towel.
No great mystery here. We have been at 0.35p / 0.45p (an insanely wide spread) for a while based on the recent share issue at 0.38p. Yesterday one of the dealers dropped their offer to 0.40p and was promptly lifted in 1.9 million shares. This morning another 3.9 million was bought at 0.45p approx.
Only 4 trades but one was 3 million shares for £13.5K
0.45 3,000,000 Unknown* 13.50k
Some good news is leaking. KP leaks like a sieve. Insider talk.
How come the sudden rise if this was to delist?
0.25p next ...... Then the delist. Obvious what the game plan is. PI's diluted into oblivion first.
I refer to my previous (many posts) on the way this was heading. 0.25p next.
Thrilled to be invested in the runner up on AIM’s daily disaster bulletin. Cheers Brad.
Did he resign or was he pushed?
Lets face it, Brad was worse than useless at his job, and basically wanted the lack of progress with KP2 to go on as long as possible so he could keep his ridiculously inflated salary.
He owned no shares, and if KP2 is eventually developed it would have meant nothing to him other than him losing his job and being replaced by a specialist CEO more experienced in running an active mine.
Good riddance in my view.