Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Ant a true investor kwn truth here on board. Rmm train. The way ant deal with situations he must be womeniser as well true investor to heart
Yes I agree. It's literally just getting the authority in place and isn't new, it's the admin of the recent debt financing and contingency CLN financing.
Here is an analogy....
We've left the Langley and gone camping with moon. Weve ordered a food delivery (debt financing) but being able to eat is survival, so we know we should make sure we have a backup plan. We therefore decide to buy some tins of beans, lots of tins, as a contingency (CLN).
We only intend to use 1 tin to last us until the food delivery arrives ($2 million CLN). But we have access to loads of more tins of beans, only if the worst happens.
Hold on.... our tin opener is part of the food delivery. 'but we don't intend to use the beans do we?' says helpme01.
'yes, I know we don't intend to use them all, but there's no point having all these beans and no tin opener to be able to open them in a contingency situation' says Dr Toby...'you know, if the worst happens'.
Moon, being a true gentleman, says 'it's okay I have friends at the Langley'..
Moon, offers the manager a house/drink, and asks permission (this RNS) if we can borrow their tin opener. Not for all the tins ; but just enough for now. We know we will need one tin ($2 million) and we may need another 2 tins if the food delivery is delayed ($4 million).
Moon, secured the tin opener from the Langley (shareholders) on a just in case basis. When he came back to camp he had the warmest true soldier welcome, a hero welcome.
Banners, bunting..it was gloriously sunny.
Apparently the Langley realised they needed Moons business and they said yes as they understood....'what's the point having survival beans if you can't open the tin(s)'.
End of analogy
Antharry - everyone is welcome to sell if they like no worries mate. As I say this RNS is just admin to let us eat beans if we get to starvation mode. Hopefully we won't but you never can be 100% on these delivery slots, things can happen.
The risks haven't changed. But if you do leave. I just wanted to say thanks for your service.
;)
Atb