Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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burningdown1side
You are a disgusting & a pathetic individual.You have made enough money trading this & yet to support your current trade ,you are behaving in this despicable manner.
Afternoon Burning, that makes no sense at all, only a fool would leave their money in a stock they did not believe would produce a return for them regardless of how much it was. You would surely take all and any of your money out here on day one and invest it in one of those superior returning socks you mention. Unless of course you believe this one will do better then you would leave it here.
All the best
Morning Kejoglo. I would assume absolutely nothing at this stage, the deal either concludes favorably or it does not and the shares trade with or without the deal on open just as it did before.
Nothing perverse about it at all, in fact to suggest it is is just being dramatic imo.
All the best.
Babelfish66 - if I was not clear than I do apologise. However "when" this opens should really be "if" this opens. This is certainly not mid q4 and without any feedback from the bod we must assume that something has put the timings completely out. Also without any explanation in this case no news cannot be considered good news. Hence your comment of selling on open is perverse as if this had opened or we had been given an idea as to when it was going to open people might not have been complaining. It is like waiting for a train that is overdue with no one kept informed as to why it is overdue and having someone say to you "well if you don't like it when the train eventually and unexpectedly arrives then don't get on!" I realise things take time but this situation is different in that trading is suspended. It is not a simple case of patience anymore. Also the clock is ticking away towards 6 months suspended - you might think that is ages off but I think it is only twice as long away as we have already been suspended and in Solo terms that is a blink of an eye.
Hello Burning.
Well I guess that confirms that you will be selling on open and moving on to one on your list that is apparently better.
I wonder what it will open at? I was just under 50% up on close.
All the best.
Hello again Kejoglo, so you have moved the conversation on now without an apology despite your previous insulting post by asking a question that only has one possible response. When is it going to be open? When the deal is either rejected or completed.
All the best.
WHEN is it going to be open then? How and when seem tied up here!
Hello Kejoglo are you being deliberately obtuse?
I said sell on open, as is when the share re-lists. As if anyone would suggest trying to sell when suspended.
All the best.
I did read it Babelfish and that is why I asked you the question "Please explain how anyone can sell up at the moment?"
I don't think I can make this any easier unless English is not your first language of course in which case just say and I will try and translate it for you. I am being serious I normally sell on a market and that is how I would want to do so now. So please (lets try again slightly reworcded and in big capitals so you dont get distracted) HOW CAN ANYONE SELL NOW?
Morning Kejoglo, please read what I posted.
"Sell up and move on on open"
Babelfish66 - Please explain how anyone can sell up at the moment?
Morning
Sell up and move on on open if you don't believe in the new Bod, Management team and the assets, only a fool would stay if they believed what you post Burning, regardless of what % they are down.
Looks to me like the company is being completely transformed to me.
All the best
Catch 22, only worth £15 mill tops as it stand, but with a licence +CH-1 drill likely to be worth multiples, add again for a 25 year development licence.
The CEO is in no rush to sell as stated in the video below and I am inclined to agree with him.
https://youtu.be/FZTlMhMw6L4?t=274
ermmm......!
same steve............?
All the best (LSE have had glitches ?)
I can see a few companies saying they are fed up with waiting. They will of course lose any investment made but at least invest elsewhere for a quicker return.
If this licence not sorted by the next deadline I would think our board will finally say enough is enough.
The asset may be worth a fortune but spending is required to generate income.
The board and ourselves aren't getting any younger and I'm sure they do not want years and years of uncertainty.
Imo sell out get out as soon as possible.
yes totally agree Chris, one of the best read I ever had to read LOL !!!
Till they complete the PSA negotiations Frank nothing will move over Ruvuma and clearly neither the BOD or anyone else has a clue when that will be, not sure the Tanzanian gov do either.
Hope the gov read the conclusion of the book published last week, "Governing Petroleum Resources: Prospects and Challenges for Tanzania" They have a limited time to take advantage of all that gas and will loose out to neighbouring countries who have better terms for investors and hence development that is underway for huge off shore LNG.
cperkin thanks, I not been posting or reading much on the AEX and Solo BB`s as I understand delays happen, I trust 100% in the Solo Board so have no concerns really, it the AEX Board I`m struggling with and there seems to be nothing that can be done to get a clear picture of the situation upto today and no one got the appetite to force a update on the Licence, apart from being with my wonderful family it going to be one of my worst Xmas if I don`t know what going on regarding the Admission Docs and the takeover as I don`t care when it relists I just want to know how close we all are on the predictions and Malcy of course ????
Thanks Chris.
I'm still hoping for some Christmas reading.
Meeting 1st or 2nd week in January.
That would do nicely.
We had this update 1 week ago today via Bigdouble Frank. I see no need to panic at the moment, just a lot of ducks to line up, including CPR's, financing etc etc, oh and not forgetting our favourite, Government approvals!
from Buchanan
As you can imagine there are a lot of moving parts and we are working on an update for all shareholders. We appreciate you and your fellow shareholders are eager for news however request shareholders maintain a bit more patience until we are in a position to update the market.
they say no news is good news but in this case not sure if it is but it is sheltering us from the potential worries on the other side, I tried to ring the broker last week and the phone number seems not to work, any ideas please not that anything is going to be said ?????
Best thing to do is contact the company, regards an update. But as I have pointed out. We are not building a widget that is going trough a factory process. There are a lot of legalities to work through in a short amount of time. Having being involved with similar processes, I understand how easy it is to loose weeks due to minor requirements.
But agree a one liner update would suffice if there is likely to be a slippage of a month or more. Hence I have contacted solo re an update. Will post if I get any respnse
I agree Babel. I intended to retire 4 years ago, but divorce and the lack of performance of my portfolio has delayed it !!
Fell
Morning. "It is intended" is not the same as it will be. I agree that they do need to update shareholders this week, why is it taking longer than intended?
All the best.