Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I suspect 10p is the target it never quite reaches. Obvious level most will have set for the cheekiest of top ups! This is breaking up very soon, deal confirm incoming....
Chrysaor will want To acquire PMO assets Rather than spunking money on a new listing, the deal will go through. Pain nearly over, this is a shake to scare you out. Grabbed a few now sitting on hands. Potential 100% upside in next 6 months from here. If only I was a new investor only as this level!
Looks like market manipulation to me, it's being walked down...people new the investment case from the merger announcement, share prices are usually immediate on news within first few days. Most people who were opposed would of left within a week. So this looks like it's being walked down, hopefully it will bounce once they've shaken weak hands.
I have a buy order set at 10p cash. I sold my other tranches from sub 19 at around 16 so will re add them if it’s triggered. Should give me a b/e of 20p ish
oil demand is slipping with exception of Asia as most of Europe is in some kind of lockdown.
Opec need to state Jan cuts thrown out and possibly roll back cuts.
LOL heading below double digit mc - TOWARDS haha
PMO, heading below double digit mc. Maybe they see it like a shell co?
They just reverse into it as an exit strateg...carries on like this the creditors will want to renogiate and want more...there's only one thinfg left on the table. Chrysaor won't care.
Would cost them $100m to do so .
Chrysaor could pull the plug on Premier Oil? Below $35 Mr. Brent price, why would Chrysaor want to proceed?
hahaha
thats ominous - Bonfire night !
Surely there needs to be an update then?
It does make you wonder if things aren't getting agreed. I mean for creditors who are taking on equity risk the crashing share price, if it's an indicaion of the future market cap, are finding their return getting smaller.
Perhaps some of them want more? There's still the shareholder equity in play after all.
I think you would have"creditor acceptance by now", what happens if they can't get it? It's just unimaginable they would return to where they were. Could they end up with a Zombie company? No Deal, No Refinance? I guess we know where that would lead.
So, with the market cap heading towards double digits. Do creditors want more? I guess we'll have a better understanding on the 5th.
I wonder if they do extend if it's going to be through to 2nd Q '21, when the deal completes, or if they are going to keep re-testing every few weeks?
no update on the merger and no update on creditor debt waivers ending next week will spook a few people out too.
you would have thought in 3 weeks u'd have news on creditor acceptance by now wouldnt you.