Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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You get these dreamers of a £10 share price. They are here to spook genuine investors, take no notice of them. I am looking to buy around £40k worth of stock in lots of £10k at a time. covering every £1 drop.
The buy backs are SCRIP items, and demand isn't falling - it's just there's a lot of potential supply and n19 virus fears etc. "EIA expects global petroleum and liquid fuels demand will average 100.3 million barrels per day (b/d) in the first quarter of 2020. This demand level is 0.9 million b/d less than forecast in the January STEO and reflects both the effects of the coronavirus and warmer-than-normal January temperatures across much of the northern hemisphere. EIA now expects global petroleum and liquid fuels demand will rise by 1.0 million b/d in 2020, which is lower than the forecast increase in the January STEO of 1.3 million b/d in 2020, and by 1.5 million b/d in 2021."
Oh And Maybe They Should've Got All Those Climatologists On Board "Before" Making The Bet .............. There Are Some Awful Cheap Oil Assets Out There Making Good Coin ........... And If You Believe All The Baloney From The Government About "Lorries And Cars" Good Luck With That,They Haven't Even Been Able To Fix The Banks Since 2008 ha ha ............ All Their Investment Push Is Now Going Into Africa But I Feel China Has Beaten Them To It,We Shall See....... Good Hunting.
Quite Simple Really They Shoved All Their Chips On Gas With "Borrowed Cash" And Lost .......... Not Even An Upward Glance At 20 .............. Oh And Sara You Can Have All My Gold, Expect China To Start Dumping Soon As They Now Have More To Lose By Not Playing The Game,But Like All Just An Opinion.Gla
Sara, thanks for the video link which was interesting. I think the strategic insights are valid. IMO, low interest rates have driven inflated asset values. Central banks talk about a soft landing even and remain 'accomodative' and has led to slow/low gdp growth etc. The growth of corporate debt is consistent witheg the ECB asset repurchase programme which recycles QE into the real economy. High interest rates will reprice risk (opposed to misprice risk currently) and the baby boomer in you video link can buy annuities with high guaranteed rates that they can live on. Solve the problem of equity risk in retirement..
Sara, generally agree re buyback but in this article, mckinsey argue
...'in most cases, buybacks create value because they help improve tax efficiency and prevent managers from investing in the wrong assets or pursuing unwise acquisitions. Only when boards and executives understand the difference between fundamental value creation through improved performance and the purely mechanical effects of a buyback program on EPS will they put share repurchases to work creating value'...
https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/the-value-of-share-buybacks
As a matter of interest Sara,what's your target to buy here?
Yep tempted and topped up today.
Not me, I held shell all through the great oil price collapse of 2014-15 when they bought BG. If history repeats itself then this could go 4-5 quid lower from here, not that I want it to of course.
well maybe not the lot....keep some for the whiskey, to calm your nerves and help you sleep at night,just in case its a bit of a rough ride ahead
Tempted to get a loan off the mafia , mortgage the house and throw the lot at RDSB at these prices. Who's with me?