Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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@ fairdealer.
Yes, anything's possible.
We've all known about this situation for some time in fairness. Only the degree of possible damage is/can be implied or suggested. Should this be something that ends up in court, then my guess is it would be about the credibility of it all and of course damage limitation.
In my opinion, the fact that no one has come chasing the company or the directors as yet for some level of compensation in some form is a good thing.
As I say, I think the sensible thing for now is to sound him out and make some notes and then cross reference these observations with RF in an email with my (potential) concerns and make a judgement from there what to do next.
Beyond being a grand down on this share at the momwnt, which of course is a calculated risk in this game. This has happened before and I've recovered it when the SP improved. That said as I've stated before I am quite bullish about this one so I won't be doing anything rash.
Trent I share your concerns.
The PAS representative made the statement regarding a "Class Action" being considered/started, now he could be on very sticky ground if that were not the case.
I suggest you choose your words very carefully on Monday....the guy could be on a "Fishing Expedition". Best to establish if instructions have been given to start a Legal Claim.
I'll phone the guy up on Monday morning.
I'm starting to think I'm not gonna like what he's got to say.
Ill see what comes of it and take a view.
That said, the you tube link refers to a BBC report, and to be fair, they are not exactly known as impartial.
Barchid, Trent, just catching up with posts. The youtube link was deleted on Thursday when the original post was logged. I did believe it a possible scam to influence the SP. Now the video is viewable I have changed my mind.
You may recall we discussed this matter in early January and Ralph gave Barchid a statement the matter had been dealt with and now closed. This statement did reassure, however it now seems not entirely correct.
If a "Class Action" is to be started it is to hoped the Company have an Agreement with it's Landlords, both Tenant and Otherwise, that a cask of beer contains X amount of saleable product. If there are not words to indicate and support what is Saleable as a per centage or volume-wise, within a Contract or Agreement, the Supplier ( MARS) will face some difficulty.
That said it would be surprising if Trading Standards are not taking a serious interest as for one thing, and this is where consumer rights could be a little mirky, a product must be of Merchantable Quality.
It could reasonably be argued a Landlord is buying a Cask of Beer of which >5 pints is unsaleable.
It is also fair to say a Bottle or Can of Beer has NO such waste and a Landlord Buys, and Retails without suffering any loss
This matter raises some fundamental trading Rights which will exercise the Brains of Lawyers and ultimately have ramifications for the Whole Brewing Industry.
Honestly, not a wind up, you need to hear then ask questions.
@ Barchid.
Sounds ominous. I'll look into it on Monday morning.
I'm not sure I'm going to like what I hear, but if it's something relevant that I need to know.
Cheers. Have a good weekend yourself mate.
Trent
Yes there was, hence I DM'd you, tricky to put on the board but you have always been very open as to what your thoughts are and I wanted to return the compliment, however, make that phone call on Monday that I suggested and see what you think. Ask that Guy Chris for my email as he now has it, that will make life much easier
Have a good weekend
@ Barchid.
Yes it seems to have been delivered, but because I'm not a premium member I can't access it.
Was there anything interesting there at all?
See the post 2 days ago from "pubs advisory service" ?
Well worth calling that number (office hours) and speak with poster, very interesting indeed, I spoke yesterday, hence my message.
Am certain you will be very interested in conversation
Funny because it seemed to have been delivered, on the top bar next to "members home" isnt there an inbox sign ?
@ Barchid
No mate. But I'm not a premium member.
Trent
Have you checked your inbox ?
It's a shame no one picked Germany.
There's talk of the Germans wanting their own version of Brexit doing the rounds apparently. Who'd have thunk it?
@ afairdealer. Interesting theory.. I'll add it to the list.
What would be funny is Greece leaving too, but considering the money they owe doubtless they're not gonna just let them walk away.
I agree with Barchid ( Hungary), although not sure what strings were attached to the Millions of Euros they have received.
Their President is No fan of the EU. Could go back to the USSR, which would make Putin very happy.
It all adds to the fun, Barchid.
I thought you might like it.....
Better fun than the share price anyway !
Now I get it Barchid. Definitely a new one on me is that.
Just when you think you've had them all....
Trent
NT is the name for females whilst WK is the male & RS is either.
Just say it to yourself quickly, then "all will be revealed" !
Let me know how you get on with working it out.
@ Barchid, I'll have to look that one up lol.
@ KingHenry welcome on board. It's a nice friendly one this is so you're in good company. I think the sp will recover, it usually does. It was at 89p a while ago. If only I'd got in then. Still, these things happen. I for one have too advantage of the dips to add here a few times myself. Hope to enjoy exchanging a good few observations/debates and the suchlike with yourself as I do with others here too.
France, when marine le pen gets in.!
I'm a newbie on here BTW I bought in at 127 for the divi doh.! If goes to a quid I'll pile in again
Hopefully you were not called "Nicholas Trench" ?
I've done this on Facebook as well.
It doesn't seem to have gone down as well as it has here.
Can't think why. Got called allsorts, R. Sole. Wayne Kerr, and the such like. Lol
Nice one barchid.
I'll make a note of it all when we've all picked our teams :-)
I'll go for Hungary