Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Just Bought in 143k+ shares
The unloved and forgotten Gem....just imv
Yes registered shareholders unchanged. Whoever sold ( and is selling) did so at cracking losses as this came back at 7.5p after refinancing Jan 2017.
Directors’ purchases April 17th were about £200k at 5.5-6p I think. They can’t lose at that price so we don’t need to be grateful !! Should’ve done it much earlier....now we are in a 30 day closed period. Why?? Doh .
Sorry
Miton
They were disposing of a lot of stocks
Hearsay was to do with Woodford investments.
Trin has many sellers . One or more active at the moment. Low volume share. One of main reasons it is where it is.
As a business it is sharp as a knife and incredibly efficient with $26 b/e and hedging bonus below $50, but the market doesn’t care. Just interested in trading.
Probably one of the most-if not the most-undervalued share in AIM. Thanks 4 info-not looked yet though.
Yes there have been one or more block sellers. Relentless. I think Mitie holdings but also others -institutionsl or large private. Relentless and frustrating all last and this year and driven this low volume share down to where it is.
I’ll look forward to your Twitter here.
I know this company too too bloody well now. But knowing its intricacies os smpowering and can help others too. Trouble is that the shareholder phenomenon of a quick buck just keeps the share price down. Holding for longer allows it to accrete in value but we have become a nation of fast-food sellers .
Hi mate. Good to hear from you. Been through Hell and High water here. Should’ve sold back in 2017 when you congratulated me!! Rather skint again now. But family survived the dreaded No. 19 and many haven’t.
Great that u on board . Excellent time to enter. Oil looks swt to rebalance H2 and shale is weakened. Some companies gone to the wall-even in Permian.
If oil gets to $40 Q2 that’ll set Q4 up nicely for a rebalance.
You have come in at the right time!!
I should’ve exited 2 yrs ago but got caught by the stealthy Placing and then the Saudi/Kashoggi/Trump-inspired oil crash. Trin never recovered. 9-13p all last year.
Where we are now is 2p below refinancing price. Atotal steal.
Good to hear from u
You should do well
You’re welcome mate
Great time to buy a solid stable company with SPT out of the way all being well. Averaged over 3 months. It’d have to get over 50 for well over 6 weeks to be payable so Q2 might not be drizzling with money but if WTI makes it over $40 that’ll be decent
Many thanks CRL123,
Ave 22% SPT above $50.01
Hedging Jan-June gives $6 a barrel bonus for 50% of production if below $50 WTI.
Hedging 25% of production rest of year. Trin has done well with an ave received of around $44 a barrel Q1
58/51/25
Q2 SPT looks unlikely as average has to be above 50
Trin will have made serious money Q1 because of March WTI and prudent hedging yoelding $6 a barrel in March.
Royalties in March also reduced.
Cash balance should be rosy apart from g and a expenditure Q1 ( insurance)
Costs probably reduced through Scada. Haw production higher this year
Hope helps
Hi Guys ,
I too bought this am , excellent fundamentals but looks unloved similar to my holding in SDX of which i am a LTH.
Can someone please tell the figure Trin pay in SPT , I understand that they do not pay it if poo drops to certain price.
Thanks in advance , Mac
thx
S.Africe
No they disposed of it in 2015.
bought a small amount of Trin this am. seems to be lagging the Tullows and Premiers in recovering understandably due to its relative minnow status. always good to see multiple director buys at your entry point. not sure if ill hold or trade in this market. Am aware of the Trinidad operations and the large Anticline looks good for further value. Also - can any LTH here confirm if Trinity still hold the large Sth African Nearshore license ? last time I looked it wasnt on their website anymore. thx