Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Regency mines hasn't got rid or Andrew Bell or Scott Kaintz yet!!!! They need to go, be voted out or physically need to be removed by shareholders and held in quarantine, give Covid-19 infection and no treatment. I see Regency mines has invested in Curzon, I wonder for how long before they sell the shares. Bell bought 5 % of shares in Greatland gold 6 years or so ago at knockdown price of 0.4p , now it went to 9p recently. Share holders money in Regency would have mega mega bagged. Bad Luck to all said Bell and Kaintz as always. They are both devils??????
Bambos desperately trying to pump this POS on ADVFN. Poor chap must be so underwater here. Also smacks of an imminent confetti issue imo. The more fervent the ramping with these kind of dilution pit shares the more you suspect they are trying to get placing shares away.
The track record here is utterly abysmal, just look at the Annual Reports and the charts.
The SP devastation is relentless. Already in just 5 months the new chairman and chums have managed to wipe 78% off the share value here. Genius ! But as long as they can keep issuing confetti shares and raising cash what do they care?
Company is expending £742,000 a year just on Admin FFS !! Company only has a £1m MCAP. It's ludicrous imo.
Why the hell the larger investors got rid of Bell but left Kaintz in place is a total mystery but regardless a huge mistake.
SP will continue being decimated until all the original BOD are removed and until the business model is changed from being a lifestyle outfit to something that will deliver shareholder value. With Admin running at £742k a year and pretty much no revenue the outcome is always going to be the same. More and more confetti placings, dilution and SP value loss.
Total avoid for me
DYOR
I think the state of emergency still in place in Papua New Guinea due to the Coronavirus is not helping. All meetings concerning the Exploration Licence reviews are on hold until after the pandemic. And then the process will restart and take 9-11 months. The time lag is staggering. The share price is only going to drift. Downwards if recent history is anything to go by. Hard to see any reason to buy for the foreseeable, and by then another discounted cash raise will be looming on the horizon. Is downtown Southport shovel ready yet?
Plenty of them bashing this little rocket... I wonder why???? Cheap shares available ... What a time to be buying... strong buy