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.
What the he'll you all talking about planning this approval that lol what about HH2 forgot about that have we? What the he'll is going on with that? Crazy
I have to disagree. The sp is likely to get off to a quick start and the Surrey Council are odds on to pass the application since the Environment agency gave it the green light.
My ambition is an SP of 1.3 p in the next two weeks. My price average is 0.36p.
I think these guys are on the home made stuff, the share will go down fist thing but will recover if if we get the planning permission through which is 50/50% at the moment.
I defo went up to 11p I bought in at 2.34 and maybe a tasty top slice
Ohmetoe, they would need about ~40,000 bpd at a $30 per barrel margin to achieve a £1.2bn market cap. (Based on NAV10 and usual oiler discount to NAV) And that assumes a lot of FREE capital to expand the production. Please send me some of the stuff you lot are drinking!
two years ago was discovery stage but NOW is production stage. valuation should be far more higher.
two years ago was discovery stage but not is production stage. valuation should be far more higher.
It was approx. £360m
TYPO
£1,206,700,000
Sorry wrong glasses
10 billion shares at 10p each = 1billion pounds
hence 10.97bn x £0.11 = £1,206,700
Please don't shout at me I'm new here :-)
it was Peak at £300m two years ago.
10.97bn shares at 11p = £1.2067bn NOT £8bn
Doable based on potential assets
10.97bn shares at 11p = £1.2067bn NOT £8bn.
I respectfully disagree with you sir, but wish you all the best with whatever you are invested in.
jonesrichard
That's a long sentence which is hard to fathom without punctuation but the gist appears to be that we could be back to 11p. No way. We have at least double the number of shares in issue since those heady days and the prospect of UKOG being worth £8bn market cap is pure fantasy, much as many would like it to be right. We need to get the black stuff out of the ground to make significant progress.
There are many oil companys with MCaps in the billions though arnt there, it's not about how many shares are in issue it's about what assets the company has/owms/produces no?
Its been there before in 2017 so why not- better position this time too.
Hi Ben, Welcome back Sir, the general consensus seems to be that we could see a similar rise to 2017 so 11p + could be seen again maybe even at some point this year, the trolls/derampers will cry that there are more shares in issue and that there are too many shares in issue for the sp to get back to those levels, that is a vacuous deramp line as there are multiple stocks that have many billions of shares in issue but still have much higher sp's than 11p because obviously it's not about how many shares are in issue, it's about what the company in question produces news wise and it seems like news wise things are about to improve here, very special rest of this year potentially for holders here, my top slice price target is 16p, not saying we will see that this year but who know's, which the right news and flow rates anything is possible especially with oil companys and AIM you can't rule out any sp!
PS.
I am watching to see if the easing of lockdown affects it, as that coincided with the biggest jump in the SP for months last week.
:)
Me too Ben.
That was my first experience of an AIM share.
Since then it's been 'mixed' until about eighteen months ago when it's not been at all good.
Mostly down.
Has been a very positive last week though when the SP more than doubled, briefly, from 0.2p to over 0.5p.
Levelled of a bit since then and we're all pretty much waiting to see what the future holds.
I've had a few quick trades, but am not investing any more here, other than for that, where I can see a good chance of a quick spike or trough.
I do still hold shares I purchased above 1p, so I'd like to see it above that again.
Not convinced yet though.
Good luck (with your decision and the fantasy ramping this thread will inevitably attract).
Much of the feedback here now is pretty worthless, not to mention 'mindless'.
Don't listen to any of it, including mine.
DYOR (Do Your Own Research).
:)
hey guys!
Was here back in 2017 when we had the mad jump up to 11p at its best, thought I get myself back in,
Hows the news for the company this time round?
Regards
Ben