Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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When we were at 42p I thought we were extremely cheap. I don't understand people selling at this level.
A pullback at some point was inevitable but I think it has gone beyond that and people selling for 31p are selling because others are selling. Generally people trade because they think they can get a cheaper re-entry but if you're selling at 31p I think there's little scope for that and more risk of paying more to get back in after a positive news update.
When we were at 42p I thought we were extremely cheap. I don't understand people selling at this level.
A pullback at some point was inevitable but I think it has gone beyond that and people selling for 31p are selling because others are selling. Generally people trade because they think they can get a cheaper re-entry but if you're selling at 31p I think there's little scope for that and more risk of paying more to get back in after a positive news update.
Agreed spero, im happy here , was looking to take a few more should we go under 30p might have to settle at 30p .. All the best :)
42p was only a top in hindsight. It was created in large part by the arrival of the Omicron variant. At 42p, as now, news was imminent on new stopes, hedge clearance, real profit beyond EBITDA - so it's no wonder we didn't sell. And no surprise that many investors are holding firm now. I've topped up in the low 30's.
lethal
ok m8 and you.
the mine overhaul,should be due around q1,so the next high,should be on the menu
in the meantime,arb's bottoming out around 100p...never a dull mon=ment,on that one
Troaj, never sold a bean at the top 42p :(
When will i learn!! Still im extremely confident in this one med/long term , hope you are well x