Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Also on the 27th it has been suspended for a year, some kind of record
I suppose they have to say they cannot be 100% sure due to regulatory approval and this being ground breaking. I find it strange they have even issued this rns because it tells us nothing more, the next rns will be most likely be the prospectus which is what we expected anyway.
Interesting RNS today, nearly ready but not certain the deal will go ahead. They never sound positive which is worrying.
Bravo - tell me about it.... I realise these things take time with all the regulation, but jeez... positively with the money being borrowed going to boost sales hopefully this will boost the market cap by the time it RTO’s and re-lists.... maybe a big deal is being developed!
AJ would be nice if they could speed up a little
It’s building, slowly.....
I can’t see a General Meeting before Christmas so mid January would seem sensible. Then relist in February. Nearly a full year in suspension
Good news of course, it appears almost certain this will go ahead, happy days. Can’t help thinking though the only reason for the update today was out of necessity because of the the loan(s), I still think we are a a good few months away from actual re-list day, the birthday for suspension won’t be far off the mark IMO.
when on earth is this coming back? I got 6k stuck here not doing anything
We might make it one year in suspension at the rate we are going.
I've heard 'good progress' is being made and that there will be an update on RNS soon. Fingers crossed.
From what I’ve heard it’s still going ahead, but slower than expected. It’s disappointing that we were not first and Zoetic beat us. Keep an eye on Zoetic, it’s interesting what they are doing. Their share price has done well.
All is good with the RTO then as far as you are aware?
The wind was to light. November is next target date but even that can’t be certain.
Bravo did say October with a following wind, clearly no following wind, any idea when it will be from now Bravo?
I guess it's not going to be October then...
Remember this has taken two and a half years, it has taken some staying power to stick with the company all that time. I’m hopeful that the wait is worth while, the paperwork was always going to take time. What the company is doing is ground breaking, we will be the first to list in this space, quite an achievement for Andy and the team
October is achievable with a following wind. GLA
Bravo, appreciate your updates, I take it they have had trouble with the regulators then? Do you think October is realistic or could it slip further?
AJ October
AJ I thought mid to early September, very quiet at the moment so possibly later. I don’t think it has been as easy as they thought.
Bravo, any inkling on a re-list date?
Well done AJ, I first bought nearly two years ago, then topped up when it was announced that the target was a cannabis company. I stayed just under 3% which was probably a mistake, will be topping up. I tipped a friend who has promised me a drink if it goes well, it’s going to cost him a fortune!!
I do bravo, since early this year, I assume you do too, we should do well out of the re-list.
AJ I think you are correct 20 million would be about right. Where it goes from there depends on how sales go, which should kick off shortly. After that it’s anyone’s guess. I tend to think it will be a very popular stock which should put the price up. Do you currently hold SOP?