Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Noboa has a key meeting with IMF in May... so he'll want to please them with some nice forecasts which will include mining projects. The execution of the exploitation contract is due before June 6th so SOLG must have something lined up as the clock really starts ticking fast once that is signed. I believe Bob had timed the cash pile to run out just around thatb deadline date so must have been confident that he'd be over the line before June was out.
If the CGP 157m shares get sold (non dilutive) then they better have a price on the north of 15p otherwise that is an epic failure by Bob and Scott. If they sell Porvenir... then that better be for more than $100m as it's worth 5 times that amount based on drill results to date.
Lots of ways to bring in cash but the CGP shares should be sold cheapily or sold for less than they were acquired for or part of the merger deal... I think they were valued at 18p/19p then.
Lots of green lines lately... lol! Sad xxckers.
"I would think the sell off is largely due to the individuals who loaded up last Thursday realising the individual who promised news today was lying."
I reckon that twunt champion select (who has since disappeared from these boards along with all their messages) was part of a ramping crew who probably read the momentum and future direction well enough to know that if they all stuck down c.200k buys and ramped hard enough, then the excitement/gold fever on this board would do the rest - which it did. They got their 20% and promised "big news by the end of this week" etc etc and that helped them achieve their goal.
I suspect the drop today was absolutely related to CS (or is it BS?) and their mates all pulling their holdings out at around the daily 200MA mark and then momentum did the rest. Note also now we have others here with a low post count suddenly de-ramping . Wouldn't be surprised if it's the same person/crew now shorting the price.
Can't fault them for their technical analysis and playing it, and it makes no difference to my holding/views in the medium term here for SOLG. Let the players play, (stats prove they never win) and hold tight for the real big %'s when this Mather load blows (urgh)! CS and their mates will have wished they weren't out of this share then LOL.
Multiple NON DILUTIVE finance offers have already been received and SOLG are in the process of finalising the deal.
My understanding is that it'll certainly be done and dusted this month.
**** bandit
you wrote this recently
“oh look. sub 6p...the shock of it. now who would have guessed that.
get out now whilst you still have your shirt on your back. this one wants your kids easter egg too.”
anyone who’d listened to you would have missed out on circa 70% rise …. you really are a worthless piece of 💩
Go back to your cave muppet
Sclemiel...get it into your head...non dilutive, non equity funding.no placing....
Delayed trades
1,1m at 9.98p
249,950 at 9.63p
592,608 at 10.058p
Been seeing these delayed chunky buys for three weeks now
Another day closer to funding news
Month chart looks pretty delicious
Not a bad day actually and hopefully the 17.4 million shares that changed hands today are in the correct camp now and a mother of all RNS's will be there waiting for us at 07.00 on the dot !
happy days
Savage
For the first time in years my faith in this business is sky high. I loaded up on Friday and today. Hopefully we have a competitive bid situation to maximise our exit/future. GLA
Still 2 minutes to go... thanks for your patience and understanding
1984
Thanks for that
Atb
So, subsequent price action, someone took their foot off the accelerator, slammed on the brake, but couldn't resist and drove the price back down.
Now back below the 9.29 one bar reversal number which will call the One Bar Reversal, a technically strong, but very extreme, event.
It will attract attention and is being monitored.
The hubris of the people doing this is funny.
It's almost as if someone has been channeling Kipling
' Then the Gods of the Market tumbled, and their smooth-tongued wizards withdrew,
And the hearts of the meanest were humbled and began to believe it was true
That All is not Gold that Glitters, and Two and Two make Four—
And the Gods of the Copybook Headings limped up to explain it once more.
As it will be in the future, it was at the birth of Man—
There are only four things certain since Social Progress began:—
That the Dog returns to his Vomit and the Sow returns to her Mire,
And the burnt Fool's bandaged finger goes wabbling back to the Fire; '
And the fourth thing is that the ' Gods of the Copybook Headings ' are watching you.
As long as the TCLs aren’t playing up again or other Ecuadorean BS, this will Correct itself.
HfH, precisely. A lot of speculative buyers have appeared recently and frankly if they've made 60% who can blame them for pocketing their profits?
TI, the sad thing is that these characters are motivated by sheer spite and enjoyment at other people's discomfort. Their comments say far more about what sort of people they are than the targets of their bile. The great pity is they live among us - although The Moron doesn't. He's in the Outback somewhere, 400 miles from civilization and who communicates by shouting into a tin can attached to a piece of string which is illegally linked to someone's wifi in Perth.
I would think the sell off is largely due to the individuals who loaded up last Thursday realising the individual who promised news today was lying. I think news is coming but in my opinion nothing has changed from my previous comment:
RE: 10.36128 Mar 2024 16:33
Good luck mate. I'm all in as well but contrary to what others post don't expect an RNS tonight. Think it'll take them a little while to sort.
Sorry HfH, I didn't see that post which referenced.
Hopefully, it's a slight retrace and that we will see a next leg up this week.
Rinsed.
;)
Go to bed needy you knob
Theoretically, if any technical movement is at play here, after a clear retracement we might enjoy a wave up to 12.80/14.1, depending. We shall certainly see soon enough if that is the case.
GLA
Just over an hour to go, all will be cool 😉
I think needy deffo needs to go to bed, as they are very ratty today 😂😂😂
Eloro you'd know the reason you haven't heard fron me if you had read mu last post that stated "I am going to refrain from posting until there's tangible news' as for the other person you referenced I refer you to a previous post:
RE: CE30 Mar 2024 09:18
Eloro have to say I'm more than a little suspicious of this Champion fellow as well. Treat with extreme caution in my opinion..