Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Pump and dump
This rise is welcome, but there isn't yet any indication of an underlying cause.
LTIs need a considerably greater increase than the current rise to recover their original investment. This will only happen with several significant updates from Synairgen.
I am looking at a time scale of years, if the company's strategy goes according to plan over the next three months or so.
Like everyone else's, my projections are meaningless until Synairgen informs us about the company's next steps.
GLALTIs.
ā No chance. The trades are tiny. Who is buying Ā£200 on the insideā
Mr Costs or Professional ?
Whilst the rise is welcome it wouldn't be the first time it's happened on no news only for it to drop to previous levels shortly afterwards. We do know of course that news is on it's way.
That was because we had the results of a trial......Keep it real Chaps!
We are not even doing a trial currently.. We have dropped back
to 38% so could be MM's taking advantage this happened last
autumn and there was no news....
Oh god here they all come. It's a leak - a jv - 2020 all over again - the lid's about to blow. Always good to see the rocket but seriously folks ignore all this shinola. The presentation is a genuine piece of good news but we are still waiting for the update and Synairgen for all its other failings - has always been drum tight.
Anyone telling you this is gonna blow wants to take your money before dumping
No chance. The trades ae tiny. Who is buying Ā£200 on the inside?
MM's trying to attract sellers to load up before news.
This kind of movement is leaked news and buying from insiders.
Exactly. SNG went from 36p to 210p in a few days.....
Good luck, Brighty
Naewise- I agree. Nothing concrete just speculation. This company has in my eyes failed its shareholders in the last few years not updating us as often as we would like. If there is a reason they have though, it will all come out hopefully soon. I have low expectation, high hopes.
Be very careful guys - some of us LTH's have seen all this before. SNG, despite promises of better communications, have said absolutely nowt which to me implies they have nothing worthwhile to say!
Iām very tempted to. It would cost 5% of what I originally paid for my shares to double my holding. The products not changedā¦
The hidden hand of market makers, more like.
Leaky
It was common sense
News priced in, be careful
I would have thought RM will now be forced to issue
a statement on the movement, you cannot ignore 50% in a day..
Either he explains the reason or declares there is not one..??
The NOMAD should insist on a response IMHO!
Why only 30%? Is that the magic deal figure.....?
Timelines haven't changed. This is a response to yesterday's positive presentation and the fact that we know an update is very close. LTH's rushing to top up and kicking themselves for not doing so at 5p. And traders no doubt. 50% up at the moment and of course it could keep climbing, but if it can settle around 30% up after the bump and grind that'd be great.
It could be a licencing partnership with, for example, Janssen. They have been reviewing SNG001 from all the Universal data, as per the briefing from April last year.
If the data is as good as we hope (and expect) you can only conclude that a major pharma, such as Janssen which has been privy to the data, is going to want SNG001 in its portfolio when they know that it:
* "significantly reduces the risk of progression to severe disease and death compared to placebo by 70%"
AND
* as Tom Wilkinson said at the time: " For these higher-risk patients, there remains an urgent need for new treatment options, and this analysis suggests that SNG001 could be a potentially efficacious treatment option for them".
We also know that following treatment with SNG001 there is an 86% relative risk reduction in hospitalisation. That is big news in our sector, both commercially and medically. In summary, a licencing deal for SNG001 is still the most probable outcome rather than SNG going it alone. I expect a licencing announcement will happen soon....
Good luck, Brighty
Itās a hold from me . 50% rise on no RNS , very interesting .
Kam,
If RM had the decency to communicate with shareholders your opinion would have changed
Nice birthday present May it continue
I have over 6000 SNG shares that I paid at least 11k back when it looked promising. As much as I am happy with this increase ( although no rns ), I need it to go back to Ā£1. Doubt that will happen at any time in the future. I have been to scared to even average down , didn't want to keep pumping good money into bad rubbish:-).
Professional - tidy work š