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.
Anyways the current share price is irrelevant as WOS has stated that we will have the special purpose certification by 10th July at the latest.
All is well and correct, me and Doc was having a healthy chat re sp š
Ojay, Iām quite confident the bid dropped to 1.6p, whether a trade executed at that, it seems possibly not. But if you want me to go to 2 or 3 decimal places for a confirmed trade, 1.675p, LOL.
But you really are a pathetic, a55 licking excuse of a poster! Completely missing the point and context of the conversation between myself and Vikinglass. Happy to support posters who guarantee this and that SP, but will split hairs here.
Mr Doc
You should have mention this price was when LP in hand of local council & not Cabinet.
Better you be honest and put correct context sir or people think you back to old tricks when you talk share down but secretly buy
Try to be better person sir & honest :)
You heard me loud and clear: YOUR STATEMENT (SP 1.6p) is INCORRECT - that's what's wrong - get it?
In addition, your statement suggests that the share could have been purchased at that price: WRONG AGAIN.
If you don't like rampers to mislead than please don't mislead yourself!
History repeating itself the last time this went to 37p the share price did the same and people reacted the same
With LP now due this week will be the 7th week since we were notified of land development taken over the LP and MMMHi competed on the 7 week so news now due
Velociraptor no one has faith in but cold be the underdog that finds mega oil
All this to come and share price could be back into the 30p range again
Good luck to the nay sayers as LP will come and this will be way above 10p
Ojay (defender of the faith): "Well - what is it that you want to express with "we also seen 1.6p"."
What did I want to express? Well, if you read the thread you'll see Vikinglass was making the point that we have seen 3.7p "when we didn't have much hope" and so she thinks we've probably bottomed out, regardless of whether V1 is a duster or not. I was making the point that we have actually seen 1.6p "when we didn't have much hope" and that if V1 is a duster and the LP continues to be absent, we could certainly go lower than the current 3.7p.
Care to explain what is wrong with that statement? It was a pleasant enough conversation and didn't need you sticking your beak in.
Also, I think you need to read up what happens when cash raises happen, i.e. extra shares issued, dilution, skewed share prices.
Now clean that tongue of yours. It's got an awful lot of owl poop stuck to it ;)
Well - what is it that you want to express with "we also seen 1.6p".
Truth is: Nobody and I mean nobody was able to buy at that price; but I agree it's great for marketing purposes.
Check out Hargreaves Lansdown here:
https://www.hl.co.uk/shares/shares-search-results/p/petro-matad-ltd-ord-usd0.01/share-charts
The lowest SP the chart shows was 1.68p on 23.11.2022. Anyone who was able to buy at that price please raise their hand! No chance! If anyone was lucky enough to buy 50 shares @1.75p: Congratulations!
I'm sure you get the message.
I think so. MB will be working overtime to get this delivered in time.
WOS, I simply stated we also seen 1.6p in the last year... what is not factually correct with that statement?!
Actually, it gets worse. It was 1.6p but since then we've had a cash raise.
Neither was the last one - until it happened!
//We feel like fools if we even put time on it.//
The company's timescale stated in last RNS.
Conclusions
During 2022, the Company continued to make progress in establishing itself as the first independent Mongolian oil exploration and production company but remained frustrated in its efforts by the ongoing land access dispute. However, having made good progress with central government, the Company is confident that the land issue will be resolved during 2023.
This was not conditional on any event.
Do research mrBP ;)
The company believes that the current cash balance is sufficient to continue operations until at LEAST July 2024" - RNS 20th June 2023
If V1 is a duster this won't drop much. The market already knows chance of success is low so it has already factored in the SP, just like when wild horse was getting drilled.
The main prize here is the LP. Its very disappointing that we are still waiting. We feel like fools if we even put time on it.
Recession - I think you should include possible/probable cash raise in your likely outcomes.
The market is well aware of the 20% chance of success so nothing is priced in here for a massive oil find... a duster will drop this 10-15%... a strike will be 150% uplift then some
Mr Doc not Dic
IMO it's all about Waiting now (As Good As It Gets).
Once RNS lands (Positive, Negative Or Neutral) then SP will Move (Either Positive Or Negative)
So it could be One of these Scenarios
LP = Up
Drill Gusher = Up
LP & Gusher = Mega Up
Delays = Down
Drill Duster = Down
No LP & Duster = Mega Down
IMO SP will be between 3.50p and 4.00p range until RNS lands. Meanwhile a Mini Bounce May occur but Nothing more than that (Until RNS Lands).
Your Money š° Your Choice š¤
AIMO DYOR š
Get fact right please Mr Dic
1.6p was LOWEST and was when land acces was in LOCAL COUNCIL control. Local council block this every time.
Now land access go through SPECIAL CERTIFICATION which is under direct Cabinet decision.
This us major change & lowest so should reflect this sir.
Spend more time in research & less time in attacking individual poster ;)
Be happy but do research please.
If LP hits, 10-15p, if V1 hits get the rocket out ;)
Oh boy the gloomy talk š„ŗ
Let's talk about if it's success instead please
We also had 1.6p! I'm not saying we'd fall back there. But perhaps to the raise price... 2.5-3p. Hell, we're well on our way to that already.
Even if V1 is a duster I don't think they will say as much - if it's not a strike they will say there are "promising signs" & proceed with V2.
Doc, ok but I'm looking back at the past year where the sp has been, we have had 3.70 during a time when we didn't have much hope