Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Biotech investing is not for everyone ...
Will say it again ....Don't invest what one cannot afford to lose !!
No matter what we think or what we have researched ...The odds are against us
Rewards can be enormous but so can the loses if one is not careful ..
Everyone to their trades whilst keeping an open mind !
Seb - Yep bet is still on.
Chrishar - well done for making money in a very turbulent market. I got in a bit late as was very busy early lockdown furloughing staff and sorting out my shops. Tried to ride the Covid wave but got suckered in here and in Omega and have made a bit of a loss so far. That being said neither have got to the point that we are waiting for so only really see this as the bottom. I agree BTL’s are very lucrative. I have a few holiday lets too which are even more so and very tax efficient. My main business is estate agency so if you need any help do let me know.
Once all this comes out in the wash you might sell your story, Chrishar. Either way, people would enjoy reading your journey and you'll make a bit extra, or lose a bit less. Contact South West News Agency or similar.
You're the polar opposite of me CW25. I saw this market crash as my best (and maybe only) chance of getting on to the property ladder and piled all my savings into the stock market. I did very well more or less timing the market bottom in late March but got dangerously sucked in here and now have far too much of my portfolio in synairgen. If this did reach £3 with the amount I've invested currently I'll be looking at bypassing the studio flats I've been looking at and going straight for a nice two bed. If it collapses, it's goodbye to it all!
Seb - enjoy the bar on Saturday. Went to the driving range yesterday and could barely get a mat. Seems a lot of people are enjoying being on furlough!
I’ll take a look! Not overly worried about the risk as my business is booming post lockdown and in the process of buying a rival business too! Busy times..
I agree miggy. I wondered why it took so long but I bet they were very selective. Richard seems so in control of the trials he wouldn’t treat anyone he thought it would have a benefit to. Annoying for us pi’s as it’s taken longer for results but if it’s more positive then it’s worth the wait and the suppressed sp in the meantime. Someone is clearly buying at the moment which bodes well. Acacia selling is all about profit. They never invested in syn because they see potential. Not like other II’s. landsdowne being allowed to buy placing was Richards biggest mistake as they were clearly going to flip them But expect he didn’t have much control and just needed the money for trials at the time. Anyone buying now will surely be a lot stickier than previous II’s.
The more i think about it I reckon SNG would have cherry picked hopstital patients regards COVID. Obviously patients would be fairly serious or they wouldnt be there in the first place but i cannot see how SNG would risk 15 years of work to recruit patients who wouldnt return clear verifiable data showing a clear benefit. Just my opinion but it would explain why recruitment seemed to take such a long time initially in the hospital setting. With the home trial it isn't as much a priority as they are only taking patients who have had symptoms for three days or less. Imo home trials will reflect the biggest benefit to sick patients so if hospital patients show anything close to significant progress as a result of taking SNG001 it is happy days.
Eva,
You can blame your ´ protector ´ J.R. Ewing :-)
See you tomorrow. Dom P all round if this comes off. I’m after £3-4 tho, not 80p!
I’m blaming sharesting for his lack of TR1’s! And punit - he made me do it!!
Eva - a gamble for sure but it’s not like putting it all on red. I like to call it an educated gamble! I took a government bounce back loan of £50k (my business didn’t need it) And stick it on synairgen! Have a year to pay it back with no charges or fees! Now that’s a gamble!! Haha
Eva1989,
Can I ask why you are paying fees of £20? With A J Bell if you do more than 10 trades per month the fees are £4.50 per trade under that it's £9.95 per trade
pretty scary though that when it drops or jumps +1p its about £4k!!
i only see it as:
1. was i happy to buy when it was 50p - yes
2. Have any fundamentals changed to make me think its now not worth 50p? - No
3. Gobble up anything that reduces my average.
It's called chasing your losses - or at least is the investing/trading equivalent
eva - you buying some more?! Though you were unhappy about buying the last £18k's worth?
I bought 20k at 39p at 15:55. I am a bit puzzled with what MMs are trying to do.
strange i just bought £5k and can buy more on HL.
It helps if you can think of someone worse off than yourself.
strictlyinc, I fit that criteria..
not sure what the extra 'wags' was for!
what they up too those scallywag's wags!
Anyone with L2 will see the games being played by MM’s !!