Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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And the current price isn’t a 70% discount price it’s a dropped from 18p high disaster price
"on a deal worth $45.6million" , depends on who and how "worth" is being defined .
The other way you could look at is there is apaprently 6M in the bank .
Maybe this will be 4M by the time of transfer.
So if you are confident the rest of the "worth" , say 40M can be supported ie The Napster name , IP and platfrom \ app development costs (intangible assets ) + some IT equipment (tangible assets) sitting on the Balance Sheet and these can either a) quickly be re-employed to either generate more revenues than costs OR b) are an attractive enough proposition to bring in new US investment with new dilution to sustain ongoing operations until a) can be acheived or c) be sold off to recover those asset "worths" , so you'd get the current paultry SP back at best although probably not after liquidation costs
The issue is how much money is still required to develop and then compete with the big players , 1BN 50BN (have they studied or considered this ? ) all of which will require the private or NASDAQ shares to be diluted further , I strongly suspect a billion is not suddenly going to suddenly appear from trading profits on any new app relaunch so furthe dilution looks inevitable.. and thats the best case , ALL IMO
Facebook meta rumours! No difference to this board then, regular posters of rumours here as well, rumours that have never come to fruition. Comedy gold,
Yep I’m happy to just wait for 1p+ now. Should return a healthy profit on the understanding it will be 2023. GLA.
£8million mcap on a deal worth $45.6million. Equivalent to 1p share price so current share price at a 70% discount
Down another 12% and I’ve lost another £4…..just feck off now.
well from some perspectives you could say the same about a £8m m/c.unfortunately it's not very funny.how realistic is it?only time will tell
Complete joke all round!
"the Facebook Meta rumours in the telegram group"
Fantastic. Part of me regrets not joining that group, as it sounds exactly like the limitless source of comedy I assumed it would be.
Ooh what a choice….sell for £35 or hope the Facebook Meta rumours in the telegram group are real ha ha ha!
Holiday - I’d suggest waiting until after de-listing / consolidation
Has anyone tried to email this account re share certificates as it comes back as invalid and not exsiting