Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Any reason (aside from apathy) for the lack of a rise in this stock when the sum of its parts are increasing in line with the POG?
Good morning..The good news keep On coming Yesterday Cora gold today Ariana the Salinbas project Has a major increase From 1Moz to 1.5Moz... well done everyone.
I don't think I'll make a massive amount from this share, as my initial investment was small, but always been in profit and quite happy with the small increases that generally stay stable.
To be honest, I'm not sure on full expectations of this share and where it will get to, but sitting on 6.5x and can let it sit on my portfolio for a bit longer.
Floater, happy to hold both for the time being. Got into SVE because of the discount to NAV. Will hang on until it narrows (whenever that may be!).
Nd
Nextdeal - with the exploration results posted by NCM on Hav then it looks like you will be hanging here a bit longer. I think it is worthwhile waiting to see how big the GGP beast can grow,
Floater, not sure if you are following me. The buy/sell spread on SVE is 1.25p or (more importantly) 12%. The spread on GGP is 0.10p or 0.68%. It is therefore easier to make up the difference on GGP than it is on SVE.
The large spread on SVE is annoying because at some point I would like to dispose of my shares but am reluctant to contribute to the market makers profits to this extent. Mind you, with the way that GGP is going, I may hang around a bit longer!
Nd
Now the SP is moving and good news for all holders. Hopefully the 2p jump holds or moves a bit up a bit more.
I was back on the GGP site, and someone else queried no movement in SVE price; another poster mentioned they have a bad spread but I thought they were doing OK.
Financially their holding in GGP right now is more than their capitalisation, so technically any increase in GGP should trickle some movement in SVE SP and it's a waiting game to see where GGP goes in next few months.
This is not a ramp or investment advice; just good news for current SVE holders.
Still not sleeping Floater. Yes it’s unbelievable the discount is something like 20% time for SVE to move up. Also most of the stocks held in the fund are doing well.
As SVE have a 2.2% stake in Greatland Gold then hopefully there is some increase to the SP with the 10% increase on GGP SP yesterday; and maybe some more to come if the Newcrest RNS is good tonight.
Please note, this is not a ramp or investor advice.
I thought the NAV update yesterday was hugely encouraging and yet it’s not seemed to attract much attention . The growth here is fantastic and I’m taking the opportunity to accumulate. It seems to me an overlooked little gem!
Ariana announces the name of its new heavy weight partner which should be ratified by end of August. Injecting lots of cash and helping to accurate progress.
ORCP Up 50% in 3 days ...
Looks like everything is looking positive here!
Great news ...
I've always managed to get inside the quoted spread with HL but I take your point. Still a reasonably cheap way into GGP. (I have both).
Huge spread here that isn't really encouraging anyone to invest!
Beamer047. I would estimate about 8 1/2p taking into account the other assets being valued at approx. £1m. The discount to net asset value has reduced recently but still circa 35% which is still too high given that 90% of total net asset value is invested in ggp which is reasonably liquid at present and this will improve further once it gets into the Aim ftse index on 22nd June. Aimo.
if comic' s calcs are correct about 9 and a half p for ggp . back of envelope.
Could someone kindly work out what the SP for GGP would be if buying SVE. Current SP for GGP is 12.4 thanks
What was the spread here yesterday - a lot lower than today's over 11%? So it's hard to get our hands on the increased value
Whilst I agree with your sentiment, the problem with SVE is they have to pay to have the NAV, which will always come in lower than the true value of the shares. It's not a forecast tool for future worth is a real time valuation.
Whilst it would appear they are offered at a discount I doubt this to actually be the case.
If your focus is on ggp, which is what brought me in, I see that. Generally not saying a lot for the rest. And, as, I say, the often very wide spread, significantly reduces the attraction here. I reduced my holding here some time ago on a narrower spread). A direct investment in GGP seems to me to be the easier way of shareholders getting their hand on some value. But we each make our own choices
to continue. I believe the foregoing is conservative. If you were to included the other assets which Starvest hold ( nav of gbp 10,642,731.00 less ggp's gbp 9,512,000 ) namely gbp 1,130,731.00 then you are buying GGP for 7.92p a discount of 46% T
SW16; Starvest own 82 million GGP shares which represent 84.9% of SVE's total portfolio and which at an ask of 11.60p are worth gbp 9,512,000.00 Starvest's market cap at an ask of 12.50p is gbp 7,267,742.00 Therefore investing in Starvest allows you to buy GGP shares today for 8.86p a discount of 31%
I'm not sure of the logic there. The value of SVE's shares in GGP is about £1m more than SVE's total share capital.
The thing I've noticed is that we now have a narrower spread. A spread of 10% is quite common here, and it doesn't make it an attractive share in which to invest more. A high (or manipulated) spread makes it hard to make money