Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
A few coins now , Bucky you are so toy town, playing the fantasy life shares game.
Modsto
Didn’t claim to be “clever”, it’s just common sense. As far as my holdings here were concerned I had 350,000 shares at one point. I averaged down and took a small loss on 270,000 at around 10p. The other 80,000 I sold last week at a loss also.
The point I was trying to make was that it’s not the size of the loss that matters. It’s the proportion of your wealth that the loss represents.
There could well be people who have lost hundreds of thousands of pounds here, but if that only accounts for 2% of their wealth it doesn’t have a great effect on them
On the other hand some one who put in £100k total pension pot and comes out with £5k is badly affected.
The problem is people want to whinge about their losses, but they don’t take responsibility for them. You can moan about Fraser all you like, he can’t be criticised for selling the project, for talking it up, that’s his job. The job of the investor is to look at the proposal without rose tinted specs and assess the risk. I’m not convinced a large number of people here either did that or had the ability to do it. They just piled in with everything. I’m not going to pour sympathy on that, sorry.
As far as the pension fund business is concerned, there are strict rules governing investment for the very reasons we have seen here. You can’t start being reckless with people’s retirement funds. If you do a bit of research I think you’ll find that an AVERAGE of 9% per annum is considered very healthy. Hope that helps explain my point of view.
Hi IBAB.
Have found your posts the most informative on this site, however I don’t think I would have informed everyone that you keep Gold coins. Especially when you regularly inform about your regular trips to local establishments.
Stay safe and sometimes it’s best to stay Schtum.
There's too much "us and them" on here.
Investment strategies vary from person to person, and it is very easy to critique in hindsight. Nobody (including IBAB) was predicting a 5.5p offer. Yes, some were more accurate than others, but nobody was spot on.
I am certain if we were all in a pub it would not be as hostile as it is on here. We all want to be more wealthy based on the stockmarket, not all of us will be, that's the truth of it. But being "better" at this than others doesn't make you a better person.
Be nicer.
Good on ya JR for standing up for yourself. Ignore the self-declared self-appointed geniuses. But do be careful before jumping in elsewhere to recover any losses (and let's continue to hope for a positive outcome here) we're on the canvass but the ref hasn't reached the end of the 10 count yet.)
Ok Maxamis, you're brilliant we get that, sorry that you disagree with the way I invested here, I would really like the deramp/troll crew members to stop critiquing how I invest and concentrate on their own job instead which seems to be generally coming on here to let everyone know what tremendous investors they are and how unwise the rest of us have been.
To the other supportive posters on here, Fred, Modsto etc, thanks you for your non judgemental support, it is very much appreciated at this time and I still hope that we can regain our losses here, if not then hopefully somewhere else. Thanks
maximus , I was just saying if you were so clever why did you lose so much money investing here( 200k shares ) . as regards making 7/8/9/% per annum ...simples just buy an S&P 500 ETF and hold .
Bucky check the dates an ordinary looking 1917 no mint mark London Is circa 20k.
Cherokee and Modsto
Thanks guys, you prove my point perfectly. Another couple of gamblers who have not the first clue about investment strategy and risk. Stick to the casino lads, my guess is you’ll have just as much luck there.
:-) :-) :-)
Bucky stop teasing have you got anything worth having 1817 sovereign 1917 London.?
"We make steady average income of 8 or 9% on average. If you want more than that then there is only one way to achieve it - increase risk"
8 or 9% income yield?
Are you invested in CCC rated bonds?...
Hi Gertfrobe. If you get them for £40 i will give you a 10 bagger for them. ATB Speedy
Bucky have you got the full set ?
Maximus10 if you got any 1oz Gold Krugerrand’s for sale I’ll give you £40 , that’s all I’m prepared to pay .
Personally I feel once the offer has been formally placed. Either AA will get it or others may then get involved.. if neither of these happen then a dilution is on the cards. How come we are not having progress updates? I’m sure the tbm is still whirring away and it would be nice to know a bit of positive news while this process is going through. It would be the least you would expect from a company that is having its PIs concerns at heart.
''The money that we have all put into Sirius is irrelevant, AA will pay as little as they can get away with, they have a duty to their shareholders to do just that''.
Real shame Fraser didnt give a damn about his shareholders
Any commodity is only worth what someone is prepared to pay for it, end of.
If there was interest from multiple parties and hence some sort of bidding process we might see a rise in price. That now seems to be more unlikely as every day goes past.
The money that we have all put into Sirius is irrelevant, AA will pay as little as they can get away with, they have a duty to their shareholders to do just that.
There has been much comment about IIs not letting this fail. Again this is just not the case. Norges and the Qataris have a huge number of DIVERSIFIED investments. Their money in Sirius is a tiny proportion of their total assets. When they invest their money they know that a certain number of those investments, especially the speculative ones which are very HIGH RISK like Sirius, will fail. They will take the hit without blinking because this is only a tiny part of their portfolio.
The IIs attitude is directly opposite to over committed PIs who are not diversified and are clueless about risk.
I personally found JRs positivity quite amusing, but his recent posts really worry me. Nothing learned at all. If you go “all in”, you are not an “investor” thats “gambling” plain and simple.
Investors do not become emotionally attached, they assess risk and invest an appropriate amount of their available cash.
I sit on the trustees of a pension fund with £3 billion in assets. We make steady average income of 8 or 9% on average. If you want more than that then there is only one way to achieve it - increase risk.
I have lost more money here than I should have, but I live to fight another day with my mental health intact. Chasing losses by going “all in” again will seriously damage you health and wealth.
Looking at the whole picture from start to the finished full production scenario I would say the AA offer has just about paid for the original planning permissions because without them nothing happens . Interesting to know what they would have achieved in an auction. Bet it would be more than the AA offer