Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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The volume of trades is low and the shares not in sticky hands is small so it a great day traders share. Easy to manipulate.
For people who are longer term holding you should be looking at the drop in SP as a great opportunity. My most recent purchase was at Ā£1.99 sto go with 35p / 46p / 51p. If it drops lower I may add more dependent on my other shares like BOO having a bumper results :)
The 6 month interim results RNS is due in the next 4 working days so good chance we have more snippets of info from Richard.
Dave,
I hope you are right...believe me. I don't like to see the SP heading the way it is. along with everyone else. Yes would love positive news, but a wishy washy RNS with no substance would have a detrimental effect IMO. Chance to top up though but I'm already loaded up and don't want to average up again.
Couldn't agree more CW25 , nothing has changed since July 20th, I agree with Eva, patience is key, not natural for me but when it comes to Sng I will wait and not sell a bean. My confidence is boosted by some of Eric's twitter posts, that guy knows what he is talking about. Fundamentals are fantastic, nothing on market compares to it , or even comes close.
Dave the sp won't necessarily drift and drift and drift and drift without news. There'll likely be a point where it will bounce off even without news. Any further falls and we might find more IIs loading up on the cheap for example.
The shareprice movements is sorting the men out from the boys.! Holding & Adding here.
Hear, hear CW! I'm strangely comforted by this 'challenging' period. Being relatively new to AIM the overwhelming positivity and sureness of the board a month or so ago didn't sit well with me. Could we really be the only ones with our eyes open whilst the rest of the proles fiddled around with the ftse100/ftse250???
Now we're once again being shown why AIM can be such a difficult water to navigate and I for one and happy to go along for the ride...
CW25
Well said....too many wet pants out there with no patience who want Jam today.
I'm sure within the next 4 weeks we will have news !!
You only have to watch that proactive interview again to be calm. The current SP is irrelevant, just as it was in July. We were stressing over whether it was 35 or 36p each day and that seems a distant memory now. Now we're in the 185-160 range its exactly the same. News WILL come and if you believe it will be good news, which i certainly do after watching that interview, then hold or load up. If you are worried about the news or don't want to wait, no problem sell and buy something else. Making money on AIM doesn't come easy. Thats the reassuring bit for me. Im seeing this as a once in a lifetime investment due to Covid.
Remember Richard says:
- We are talking to Governments (plural) about funding. (i.e pre orders)
- We can go to our new Investors who have shown a further appetite to invest for a private placing.
- We haven't announced anything YET.
- We have already started the supply chain for the long lead time items (expect this is the IFN formula) back in April.
- We will need a LARGE pharma to partner and distribute this worldwide.
- We have certainly impressed the people that we need to be impressing right now.
Pick your cards, take a seat and enjoy the ride. Much better than stressing!
And of course we havenāt made an announcement YET, ie there is something to announce. Relax.
He said hopefully we will have some news fairly soon and said we needed to be a bit patient. My read is that he is in positive discussions which he thinks will come through, but itās out of his hands. Patience, hopefully, fairly... means quite a few weeks to me, and itās only been two. Relax.
Org, this is a patience share... if you cant be patient, come join in day trading on Glencore... its pretty simple... is $ is up, Crude is going up, Copper is going up, Glencore makes you money day trading as long as you are awake at 8. If any of those 3 are not going up, then go do something else): If its sunny, go and do something else ... its ****ing down here.
It's simple. If you don't like the heat get out of the kitchen. All the hindsight experts and know alls on here this past few days getting verrrryyy boring.
That said I did find the idea of Russian Trolls on here very amusing.
Gkb- the latest proactive interview which I think you are referring too RM says āfairly soonā if you listen carefully. Iāve watched that video quite a few times and believe strongly great news is on the way. Like CEO stated just need a little patience.
No he doesnt! He will update us when he has price sensitive news.. some of u r pure amateurs, crying everyday because the sp has dropped from an old time high and you CHOSE not to take a risk and trade. This isnt some ****ty company, these guys are working to get a very important product approved, which is under immense amounts of scrutiny.. just chill
"very soon" in medical terms is not "a few days" RM and he`s team have been developing COPD treatment for the past 15 years so do you actually think they would risk reputation of the treatment they are working on and company's excellent name just to satisfy a few PIs? NO.
Polar and the other large investors are not hear to lose money and investing money at Ā£2+ they intend to make a good return, so give it time and relax about the SP. IMO SGN and SGN001 will end in a buy out and my target is Ā£7/Ā£10.
Relax - GLA
gkb47
I started this thread....I made a very distinct point for title....You have clearly missed the point..
It is not about the SP but what is going on with the stock while we wait for news....
IMHO we would have been told by regulators if there was no possibility of emergency
approval by now, SNG would be legally obliged to inform the market if that were indeed the case!
Therefore it is reasonable to assume that approval is still a realistic prospect this far
down the line, and most importantly with positive COPD data to back up the trial results...
We await the final outcome......and the longer we wait the better the chance of a positive result..IMHO!
Scinv... did you open the links, listen to the Video (prob not as several minutes long), as that is the gov funded web site on how to get approval and help - then click on Synairgen which will take you through to RM heavily supporting it.
Scinv... posted twice already this morning...
https://www.nihr.ac.uk/partners-and-industry/industry/how-to-conduct-commercial-covid-19-research-in-the-uk.htm
Did discover something when i had to get up early this morning... the serous trolls appear at 5am and are not on this board after 9pm. That means they are probably 4 to 5 hours ahead of UK time - which means Russia, Mid East etc. I mean who else is up at 5am for goodness sakes and in bed by 9 ??? unless you work on the markets as a broker or maker then you might be up at 5 i guess if you have a long commute. But it aint normal is it!
Difficult to check Parsleys past history as i cant believe the majority on this board didnt filter him a long time ago and have no intention of unfiltering anytime soon.
For balance, Parsley is also apparently a liar and a bit of a sociopath - well worth checking through his psot history vs reality if you need some light relief :)
Buffett.....
āOpportunities come infrequently. When it rains gold, put out the bucket, not the thimble.ā
Warren Buffet..................
And just a wee reminder that Parsley makes his money betting on short-term sentiment in stocks, not investing in them.
But at least he's fairly open about it :)
I guess for those who aren't sure of the science, you could do worse than listening to the boss:
https://www.proactiveinvestors.co.uk/companies/news/928518/synairgen-unveils-positive-data-from-phase-ii-chronic-obstructive-pulmonary-disease-trial-928518.html
It may feel like a long time but this was only two weeks ago :)