Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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If 5% became 10%...
Interestingly, we may have that foreign investment Situation again....
If we can see 5p I would be happy with that, 11p would be a miracle..
I think mcap was just over £350m.
A multi company business man cannot even spell correctly - what type of corporations is this guy CEO of. Window cleaning round etc comes to mind. Nevertheless it is a business....
Yes, the foreign investment definitely fuelled a big part of the rise (and fall)....
The reality is that until positive news flows consistently, this share isn’t going anywhere. SS needs to attract new investors as current sentiment is pretty low.
If he can do a decent PR job and start to deliver positive news which shows investors a rosey future then maybe there is decent upside.
There will be time to jump on board if/when that starts to happen.
Let’s see.
Tex
tex2374
I understand that the price of 11p & £300 million market cap at the time was with the French brothers buying the stake that the did.
The irony is that at the time UKOG only owned 20% of the Horse Hill licences & less assets elsewhere.
UKOG now owns 86% of the Horse Hill licence not 20%
UKOG now owns 95% not 65% of the IOW licence
UKOG owns 65% mot 40% of the old Holmwood licence.
The question is once this value is properly restated & rerated what will the share price be especially once the planning permissions for PEDL234 & the IOW are granted or their reserves values added.
LOL, ok Tymers. Good sales pitch :-)
It's been reduced to a level in a multitude of accounts that allows far better management on uplift which is inevitable nothing goes up in a straight line and nothing hoes down in a straight line. Review the majority of stock and ukog has a window imminently and a lot will end up paying considerably more . Why wait? ukog united
I was in this in the ‘heyday’. Made money, not as much as many, but a bit.
Dipping back in at 0.7 and jumped out again about 10 days later at .58.
Fascinated to see what happens. At this price there may be a quick return to be made on a spike, but sceptical of any multi bag.
Could be wrong, no one knows. That’s the fun thing with these shares.
Feel sorry for LTHs who have had to endure a death spiral.
Tymers you are in the minority here, with your position.
Tex
Tex2374 - Taken another dip into this today so heres hoping to get a good return..
Average is at today .35 so plenty of room for profits . But as discussed previously few if any businesses do not loan for developments the advantage is we can choose cash or share makes a huge difference and after many years running businesses I look ahead and it's very apparent to me Ukogs value moving forward could we see 2.5p 5p yes we can . Ukog United
If we take 300m market cap back in 2017 at the 11p spike. The equivalent today would be 3.45p giving a £300m market cap, based on current shares in issue.
Probably a reasonable way to see things. It’s never good to talk about historic share prices, especially when there has been this much dilution of the share.
Is anyone making any money here? Tymers, what’s your average, you seem ‘bullish’?
From memory it was less than half that. Could be wrong and happy to be corrected!
Also, I think the speculation may have been a little above the reality.
300m
what was the mcap when it hit 11p on speculation on BB...
Will be more than happy with a spike to 3p for 2 days.
£1bn market cap required for 11p. (Currently)
Thinking about the question in terms of market cap rather than share price is always a better way of looking at it.
Could ukog be a £1bn market cap company.
.....thoughts?
Will we ever see that 11p spike again?