Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Good to see some info on this one , like JQW recommended to me by SVS securitys.
Looks like another complete loss ?
Saw this about China investments .
........xxx...........xxx.........xxx...........xxx...........xxx............xxx...........xxx.........xxx.............
China Pacific Insurance to press on with London listing under connect scheme
16:32
By Carolyn Cohn and Oliver Hirt
LONDON/ZURICH, June 2 (Reuters) - China Pacific Insurance
<601601.SS> is pressing ahead with a London listing under a
stock link scheme between Britain and China, it said on Tuesday,
defying the market turmoil wrought by COVID-19.
The Chinese insurer, which is seeking to raise cash to
support its overseas expansion, said it would issue 125.7
million units of global depositary receipts (GDR) in London with
Swiss Re as its cornerstone investor.
Swiss Re will take a GDR allotment of up to 1.5% of China
Pacific's total number of ordinary shares, with a lock-up period
of three years.
The Shanghai-London Stock Connect scheme, which allows
Chinese companies to add a secondary GDR listing in Britain, was
first announced in 2018. It was meant to herald a flurry of
Chinese listings in London but so far only one has materialised,
the Huatai Securities brokerage deal last year. [nL8N23O1LL]
SDIC, which was set to become the second Chinese company to
make use of the scheme, called off its London listing in
December, blaming market conditions.
The U-turn prompted speculation among bankers and analysts
that China Pacific Insurance could follow suit due to the market
turbulence caused by the coronavirus pandemic. [nL8N2D10HM]
But China wants to revive the link scheme as a way to
strengthen overseas ties and fund its post-lockdown recovery.
Beside China Pacific Insurance, energy firms SDIC Power
<600886.SS> and China Yangtze Power <600900.SS> have also
received the go-ahead from Beijing to list GDRs in London,
sources have said. [nL8N2D10HM]
If successful, these listings will give a boost to the
London Stock Exchange where share sales have come to a halt due
to the business paralysis caused by the spread of the virus.
European listings raised $918 million in the first quarter
of 2020, according to Refinitiv data, more than three times the
$301.2 million in the year earlier period. But activity halted
abruptly in March and only partly resumed in May with coffee
maker JDE Peet making its market debut in Amsterdam.
[nL8N2DB0RO]
(Reporting by Carolyn Cohn in London and Oliver Hirt in Zurich;
Editing by Pamela Barbaglia and Pravin Char)
((carolyn.cohn@thomsonreuters.com; 44 207 542 6320; Reuters
Messaging: carolyn.cohn.thomsonreuters.com@reuters.net))
too true bignose.I'm reminded more of a film with slight modification...nightmare on regent street
The.Italian
That will be the norm until JG is sacked for incompetence, China pays its wonga, EU sales go through the roof and a US licensee buys the product outright for at least 300mill squidaroonies.. That reminds me of a lyric from one of ABBA's song..."I had a dream...." LOL
oh god bignose.iwas feeling pretty depressed when i posted and now you mention profit warning is there no relief!lol
I'd guess someone just selling out, although its really difficult to understand how when no one is buying. matched sells and buys and all that.
If one had spare cash and had invested around mid march they'd be up over 100% (take BOO for example that's over 200% up). Games workshop is another and even ASOS. Just amazing how share prices are manipulated by the city boys at a touch of a button since none of these companies saw anywhere near the number of shares required to drop them by that much. The whole system is corrupt. There was no reason, apart from running scared, that within 6 weeks BOO's value dropped from about 3.6 billion to under 1 billion and now its back up to 4.5 billion. Tell me I'm wrong.
In expectation of yet another profit warning in a months time. And still JG is getting his 125k monthly salary.
107 sells.mostly tiny. overall volume not very much.most trades i've seen for a while.