Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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PCS- very well scripted
Well said PCS, from a fellow hammer.
COYI
PCS and MAF - well said chaps.
Spot on PCS ... I don't post that much these days ... I have researched myself and read much of the very good research by others so for me the science is all there and there's nothing I can add to it ... I do get weary of all the naysayers ... Yes of course there's always a downside to everything but I'm big enough and ugly enough to realise that ... and so are others ... My feeling is if you are frustrated with SAR get out ... You may be missing other opportunities out there ... But as for me I'm happy to hold and when funds arrive maybe to get some more ... Whining and pant wetting won't help a bit ... LH&K Mafuta
Sensible post Lazarus, not sure I can be bothered anymore with some, the Soothsayers and their negativity ( why are they still invested - move on), the conundrum of a self esteemed intellect given his/her verbosity to share investment which has changed the vibe of this bb - hmmm we are SAR an AIM stock (red or black on the roulette wheel - no great analysis other than updates from company)
Before anybody accuses me of "rose tinted glasses", I've actually attended an AGM, spoken with TM, JR and SP and reported back such to this bb and they are thus far achieving the plan - not at the speed we would all like agreed and it is all a risk, but, come on if you believe in your investment, done your research, surely there must be a better vibe than this!!
Expect to be slated, but, I will follow the RNS's not the newly unknowns of the bb - and for the record I'm not in any forum bubble, other than I do follow West Ham ;-)
GLA
Apologies for the typos
I don’t think we should be bemused. Sareum are a R&D company with no revenue and a relatively short cash runway. The market loves this. Just compare our sp with that of ROCK or ECR. They are being crucified despite their gold in the ground etc:
Rewind to the 2008 crash and subsequent 2010 Financial act which requires financial institutions to have sufficient liquid assets to cover their liabilities. Suddenly MMs and Brokers have a real vested interest in going short unless there is good reason not to. A lot proclaim they would never lend shares out for the purpose of shorting- this is likely to be correct but it doesn’t stop the MM or broker using our shares themselves to go short. Obviously they have no refined the psychology behind this and manage to frustrate holders into selling cheaply out of pure frustration. Sareum is one such stock. Long lead times etc: play into the hands of the MMs and brokers alike.
I sympathise with the frustration here but the only way to win is to buy and hold up f you believe it n what we have.
All in my opinion of course and DYOR but bemused? Not really
That comment from Tim is nothing new by the way and once we get passed 1a trials we will be severely lacking money which will then lead us open to lower offers unless we get a deal unfortunately .let’s hope the new company brought on board can do what it’s meant too and bring investors to the table at the same time getting rid of PH why are we expanding and using more cash burn for an inept company again more might be going on in the background but we are still a small fish in a big pond
GLA
Floating around in no man’s land isn’t ideal at the best of times, especially at such a pivotal time in the company’s history. The fact is, we don’t know what’s happening and everyone has that has been invested a number of years is becoming exhausted by the highs and crushing lows of waiting. The facts that are presented by the few highly diligent investors on here give me the confidence to stay. We all know the risks and we all have a different agenda. It could be tomorrow or way down the line. GLA.
"I have concerns this merely relates to how much longer we have to wait for on license or maybe a buyout even."
Haven't we all? The years come and go: the "Presentations" come and go: the months with no news come and go and speculation is rife.
We are told "the science is there" and we are "best in class", etc but even the most ardent supporter of this share must be beginning to wonder if anybody is taking any notice?
Either TM and his Chums and our ever burgeoning team of "advisers" have something big up their sleeves and are having to keep it buttoned, or we are beginning to emulate The Flying Dutchman.
As for TM's comment "....If the right deal comes along at an earlier stage then of course we'll take it" one should ruddy well hope so!
Just
So really 2024 as was said in the presentation that was the time line given his to make people aware
I will add one further thing, although I have concerns this merely relates to how much longer we have to wait for on license or maybe a buyout even.
I am of the frame of mind to think that both our inhibitors may well be taken over just after the end of Phase 1 clinical with SDC1801. The concern many majors will have is side effects and toxicity issues, especially long term as are associated with JAK2 and 3. (they have short term ones too). Tim did state that if anyone wanted both they would have to pay the price. HNWI came in a very short while after this.
Regards
You are welcome Kat. You are not a troll in my view it is that you have concerns as many of us do. At times it is better to take a profit. Far better to be in a position of, I sold and made some money than kept and lost.
it will be worth keeping an eye on and my own view if it heads south to around 150 p then definite buy. I have funds to add at this price. Not a case of if all goes well, be more of a case of when. That we dont know, we dont know if Sareum intend to raise capital and when. All will hinge around phase 1 clinical trial. A slight trip south in the meantime may happen and cause concern for some. At the same time we may hear of developments with SRA 737 in next 6 or 7 weeks or so may be sooner. Half a million milestone not take us far but of more importance 737 kick started with a bl00dy big pharma in GSK pushing it. The big companies have far more political sway than the small company even if their compounds not as good.
Its a case of weighing outcomes up and seeing what options we have.
Long term excellent to outstanding. Next 6 months could be little volatile.
In no way was I trying to undermine you for selling. if appeared that way then please accept apologies.
There are people that buy sell at a profit then slate the share. that i do not agree with. You have not done that, you have been cautious and guarding your gains. Nothing I see wrong in that. Just a case of contemplating a good time to come back in.
Ps bare in mind that all stocks especially some of the smaller pharmas (AIM) ( covid expectations) have taken a real hammering over past 6 to 9 months.
Regards
i actually sold previously prior to the first HNWI getting in... couldn't understand why each new HNWI was content to pay another premium and, as the mcap multiplied relative to their nvestments, stopped myself from chasing it as i found it... unique? when the price dropped i thought i could catch up on my poor call earlier. made some money to compensate and then, as the slide started realised i didn't have the faith of others. BUT, i can see the loyalty here and now half wonder whether that loyalty is my own personal 'news' to see another fall/rise/trade. more a gamble on the belief of the holders than the company, if that makes sense? but i've been in the share, on and off, for several years. thoth was always very convincing and i can see several long termers, such as yourself and potnak profoundly knowledgeable about the workings of the chemistry. but, while the knowledge is daily on display, there's a schism between it and the sp? i'm not obsessed by the share at all but i do take the temperature of the bb (not that successfully as it's always very pro). but the sp moves in mysterious ways, relatively, so i keep tabs on that and then compare with the bb. but i still am intrigued by the 2021 investment and still look to see if there's any update on them. i know i don't influence the price or the temperament of the bb so don't feel too aggrieved about 'stirring the pot'? appreciate the posts may feel antagonistic but very, very minor compared to the positive posts.
thanks for the response... though it prudent to respond in kind so i'm not judged as just a troll.
Kat strangler, you bought in at the drop in March at 105p and sold in April. Well done you must have made a few pennies.
What made you decide to 'buy in' in the first place? A chance to make a quick buck as opposed to long term term investment. The only thing I can deduce is that you are looking to buy back in at a lower price. It is therefore in your interests to see this go southwards. Yes shares do go up and down. AIM is volatile.
'but it's also valid to ask if there are any blatant reasons beyond 'it's the market' to see why progress, at least in the sp, isn't forthcoming'
That is your statement. You claim to be an investor, so I think best you sort that one out for yourself, as is your decision alone.
Clearly you have doubts as I can understand. I take it you have an understanding the SKI market and while some make it and others fail.
If we understand at the basic level, the objectives of a specialist company to put their compound into clinic and the amount of time, effort as well as finance then we ought then to be in a position to decide for ourselves whether we choose to invest.
Regards
i assume that post is aimed at me? well, there's a difference between a day trade share where you don't care about the share or the product, merely the % rise of that day trade. but when i comes to a stock that has 'persuaded you that there is significant potential in the final value, if you have invested heavily and then got heebies because the story seems not to be coming as true as the postings, one wonders about the decision? noone is obligated to remain true to a share until a conclusion. similarly, a share can be revisited for many reasons: to see what progress there is or to see if any new opinions are being floated. no share is off limits just because one sells out. taking advantage of a weakness in the share price is valid.
personally, i've read this often as the bb is an enigma. i have seen several predictions for multi £million or even billions come and go but, as an investor, one can look for clues to see if they might appear. i recall one such prediction for June or july with a buyoout of some asset or other that... didn't. so one keeps tabs to see if the prediction comes true or is delayed. and the sp is the snapshot to see the state of things.
i remember buying this on the march drop at 105 and sold in april so surprised to see current price. it's not an oddity to reinvestigate to see what the current state is but it's also valid to ask if there are any blatant reasons beyond 'it's the market' to see why progress, at least in the sp, isn't forthcoming.
as i said, one poster is hardly a trolling attack so rolls off the back. but the questions are still valid.
and who said the share is a dog?
That those who think a share is a dog ... Or those who give up on a share ... Have to continually post drivel ... As for one once I have decided to "give up" on a share I get out and move on ... But I have never been the self flagellating type ... LH&K Mafuta