Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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HAGD are Tipster in disguise.
Well you have covered your bases fully there - so you can't be mistaken except you may wish to extend to 2024 and beyond to full proof your hunches.
I shall endeavour to connect, consult, tune into Mystic Meg/ Tea Leaves/ Pebbles/ Water Divining/ Crossing my fingers/ The Cosmos/ The Universe to seek enlightenment on my investment and "See" whether the timings coincide.
Good luck on your tips for the races.
DILUTION OFF THE TABLE , I have a cunning plan , Mrs B Good and myself have , after many nights burning the midnight oil , studying all the latest form for the highlight of our year , The Cheltenham Festival , starting on the 10 march , our 5 fancies are Tuesday - Benie Des Dieux in the Mares Hurdle , Wednesday - Envoi Allen in the Ballymore Hurdle and Minella Indo in the RSA chase , Thursday - Paisley Park in the Stayers Hurdle and on Friday Monkfish in the Albert Bartlett , if we all follow our lead and bet these horses between us all we will have funds to buy out the company and when the day comes , either in 2020,2021, 2020, 2023 we all will be millionaires , lets hope these dates are better than the 2016 , 2017 , 2018 or 2019 which have been expressed before as the date we can all retire , as always , have A GOOD day
I completely agree with your short term assessment MrBB. By my calculations (I calculate pessimistically), it will only take a A$10m up front payment from somewhere to take the threat of dilution off the table - This is based on the assumptions that: Aviation, Off-road and Auto still continue to contribute roughly in line with last year, and that Fleet hits its lower target of 27k units on 30th June (and continues that rate of growth thereafter). The other assumption I have made is that SEE’s costs have only increased a little bit (hopefully the 21% saving on the current Guardian run will help in this respect).
Doesn’t take long to review our website & RNS s to cover basic due diligence & much then rests on their understanding of our current market lead & their impression of PM & his ability to deliver .They clearly haven’t invested yet as volume has remained slow & no signs of persistent buying & my hope is that they have told PM that they will consider buying in once he has delivered on FY20 expectations & produced targets for FY 21
Hopefully our SP by the time they start buying will be higher & their buying will help fuel positive momentum & a substantial re rating .I appreciate that this will seem most unlikely to the doubters & cynics but my belief is that it remains possible & a near term SP of 7-10p us far from impossible .As ever we will have to wait a while longer
PP...a good portion of DD will most likely have been done before meeting face to face. The likelihood of PMC getting a meeting without an institutional investor having done some DD is slim.
Any institutional investors need to be quality and have a good performance record. The last thing the share price needs is an institutional shareholder that is a forced seller due to performance issues. We have been there before.
I agree that they may prefer to pay a higher price for our shares when we are perceived to have been more de risked,i.e. following inaugural Aviation licensing deal,positive RFQ outcomes,continued expansion in Fleet & Off-road etc.
Too late for most of us to be late rather than wrong -so let's hope we are right
Interesting! Perhaps they are extremely successful funds too!? Let's hope we get some top quality funds/fund managers on board.
The issue we have at present is the market cap is just too low for many funds to even look at. That will hopefully change this year!!
During my recent conversation with PM, he said that the US financial guys really due their Due Dillegence. So maybe, after an initial face to face meeting they will spend several months researching. Better to late than wrong!
The chances of an Nyct type private & institutinal investors scrambling for our stock seems unlikely currently & if the 12 funds presented to by PM in NY recently wanted to buy our stock I would have they should be doing it right now ,ahead of Interims when our FY 20 forecasts will again be confirmed & we could be treated to our first licensing deal & news of our first positive Japanese RFQ.Is the time to be accumulating our shares not now upon us as waiting much longer may result in their having to pay a much higher price
Just a thought all, but do you think there's a bit of a plan to get these american funds on board to purchase stock around the second part of the year which is tied in with the release of possible substantial news?interesting that they have only been approached this year?! I suppose there's the likely double whammy impact on the share through both private and institutional investors scrambling for stock as the reality begins to sink in that this has the potential of being a massive stock. On another note, PM downplays the dual listing noting too many hurdles with one being the revenues of 30% in the states. I don't think that is too far away at all. I'd say give this another 1-2 years and that box will be TICKED!!