Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Thanks for the replies
good examples Irontaz. look at the MGC now, they have products, contracts, and revenue.
Yes pawnsacrifice, it's worthwhile, 'some' knowledgeable folks that have done a lot of research on how this gig works. I hope the Poms get out alive.
Exactly what CBX has done, gone to market with any products or revenue KNB product but no Revenue.
because it wasn't any products to sell since 2012. that was to early for investors to buy a share for this company.
if you look closely you can see in the beginning, the company was trying to do the research and had a big cash burn to get the products ready for the market.
I can say they actually start to move from 2019. but I think from this year 2021 the journey begins for the company.
so the company didn't need to move to the bigger market in 2012 because it was pointless if they were moved to the UK in 2012 with nothing in hand.
The Australians agree with you SmlFry. Worthwhile reading the hotcopper forum to get an idea of the co's past and to know why the aussies just keep selling.
Plain & simple, the well ran dry in Aus.
Don't be one on top of the cow congratulating each other for simply holding whilst the price retreats, be under the cow pushing management aside.
The DT'ers who portray themselves as LT'ers, suggesting to stay strong for years, have no knowledge of how long the cow will live, whether you're on top of it, or underneath it.
They did not have to list in the uk to sell in the Uk. They could previously sell globally I presume (like other international companies)
Welcome any insight people happy to share.
Thanks
Anyone know why this company listed on the Uk market ? Given the australia shares have not moved much since 2012 (2p) and are now at 8p. Seemed to have peaked at 12p (why not just do a rights issue on the Australian market ?) -
To be honest I did not do much research before I bought in at 5. (Watched it go up to 8 before buying in on the retrace) Although comfortable given it seems a very traded share and cannabis is growing market. Hopeful it is significantly more in a few years. I am happy to own and hold for number of years if needs be but would be great if anyone could help with the above.
I am aware that anyone’s comments on a bulletin board do not impact the share price- I am just hopefully someone is able to fill in some of the blanks (also others who view the board my find it helpful)
Thanks
The moral of the story is hold and stay on board for the next couple of years
I’m in a similar position. Bought at 7p, twice. Years ago I’d have panicked and sold, now I’m waiting for it to drop below 4p. If it does I’ll double my stake. If it doesn’t, I’ll stick at 7p. The % increase in revenue is absurd. Minimum $3 million Australia this year but potential for much more.