Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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If that was the case we should have seen lots of big buys with sudden share rise, but it wasn't.
Just look at the way he has put the IOM meeting in the RNS.
This is not the way someone would introduce that they had met with representatives from different ministries.
"The recent visit to UK with senior representatives of MMHI and MRPAM provided an excellent opportunity to further strengthen our relationships with both organisations and we were honoured to be joined by H.E. Ambassador B. Enkhsukh, Mongolia's ambassador to the UK, on the visit to the Company's corporate agents in the Isle of Man."
He's put it in the rns as if he didn't want to tell us and we have found out he is trying to justify the meeting with empty words.
Don't you think the meeting would be introduced differently .
We were very happy to join with representatives from different ministries at our head office in IOM.
Something just doesn't add up .
Price tanking on delay and that last RNS was nothing new to the market.
At best probably not much to say. It is all talks as always nothing more nothing less.
I don't know why MB is so secretive about information to the shareholders.
We did the research and find that 15 wells are planned for heron field. We still haven't been informed ..
We found out about the meeting in IOM . Still didn't clarify the full story.
We found out regarding the land issue back in 2019 on Facebook and we were still left in the dark for a while.
Nothing has been mentioned regarding DQE or PC facilities.
No mention of renewable strategy.
MB need to come open and speak up. Also be active in the operations and informing the shareholders .
WOS caught with Pants OFF and now needs to go shopping for more!!! ;-P
People (sneakies) ask "why WiseOwl go shopping & not post?"
This is sort of question which have importance for them with investment LOL
Understand please I have NO problem with price up or down. It make no difference to me.
Have GREAT CONFIDENCE for MY investment & MY price target & MY investment time hold
I hold for TRIPLE DIGIT SP & confident will get this.
Thuscwhy I can go shopping & let sillly BB logic discussion happen while company carry on with operations.
Be happy & well research :)
….. :-0
Alot going on,
MG with matd taken photos, joint company IOM
Employees given share options at higher price then today's
LP is of national importance so goverment is not messing with us or why make it this
Our own ambassadors at meetings regarding UK MG business and aware of LP situation
Velociraptor drill on time as planned
MG goverment planning to give us more licenses
So much to come here and the bounce back will be higher then some expect it, look at history
Some here are just trying their best to deramp and scare monger to trade it but up to them just don't get caught out when LP lands
Worst case I think LP will land end of month, but we need to follow the proper channels to make sure we don't have issue later on
All a learning curb for CEO and matd for future exploration in the country and MG
To be honest i was going to offload half at 7.5p which i still think i will . Then keep the rest Until PM is actually producing oil .
I would've have made good money at 7.5p.
@Master82
I tend to agree - I think it will bounce. The real question though is whether it will spike and then drop like a stone yet again for the umpteenth time. And that depends on the LP. So do you assume that the next one will be another spike and sell up at lest part of your holding, or gamble that the LP will soon be granted if it hasn't been already ? That's the dilemma. On the last spike I made the wrong decision - as did several others on here by the sounds of it.
I don't think we get any where while MB is mute.
Investor well said.
Excuses after excuses.
Also iamrich, just a thought, could be wrong, but why give the employees (non directors) free shares at this minute in time - is it so they benefit as well at the big spike that could be coming - as said IMO
@researchandhold
Thanks.
Yes, it has been extremely frustrating on account of those two factors you mentioned. I still can't get my head around why MATD when they obtained the EL weren't more aware of the implications of the LP situation. Or why they haven't been more aware all along of the complexities of the Mongolian bureaucracy. Surely they have some Mongolian experts in these kind of administrative matters on their payroll ?
Dont panic guys. Remember when Sp went from 13p to 2p in 2018 . Again it was not a good chance of success on wildhorse and snow leopard.
Only to bounce back to 9p.
Same will happen here.
Master82 if you can update us if you see anything on the Mongolian media please,
Thank you
Master you could be right, there is that possibility hence the delay, crash hold the share price boys get in, you never know, once all aboard I bet we get news left right centre,
Anyways we know paper work being made ready or has been submitted to cabinet for last stage, so nearly there, crazy share price at this low
@Manxkippers
Thanks. Yes, I think by the end of the month we will know better where we stand. In the meantime, I hope too that the waters will calm a little - it's been a very volatile few weeks. Very stressful.
Master, I wish you were right, but I doubt it.
Do people think SP has been tanked so the mongols can buy in a share of the pie. Before they give the LP.
That IOM meeting was not a wasted journey but IMO they want to buy in and the market cap was too high at the time.
IMO the mongols will buy a big chunk in PM to benefit from this Block 20 oil field.
@Bluechipz
For me the dayts when there are significantly more buys than sells, and yet the share price is 2 or 3% down screams of manipulation by the MMs. How else do you make sense of it ? Hopefully they are now in an accumulation stage- I don't see how they could be privy to any news that we don't know already.
I totally sympathise - as you are in the same position as me. A LTH sweating over the LP, whilst these dizzying price movements keep going on. Not nice. Great for traders with good timing though - I regret I wasn't one for the last 3 years or so. That way I could have based the number of shares I currently hold on the profits I have previously made and thereby reduce my risk to zero. I could probably have made about £40k by now if I was trading MATD and timed things well...
Long gone are days when the SP doubled on a spud RNS..........rise will be anticipation/confirmation of an oil find or LP
Those sheep herders are ripping us off for now!
UK ambassador was having good time at his bye bye dinner party!
MB has kept quiet!
mb wants his **** kicking he's doing f--k all
What a f--king country this is there a loads of sheep herders what do you expect