Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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The share price up 4.92 % the spread 6.45% .
MM making out of all the dealing .
Thanks for reply Casterway do not look at Winnifrith much these days , didn't he do well for himself on panorama Monday lol .
ripley - no reason - the BB gets filled with "excited posters" when the s/p is volatile - preferable to the deramping mob when VAST was at the lows but I'm never excited, I expected the rise and I expect it will go on until 2-3p+ in the future.
I hope everyone has made some money or at least go some losses back. Don't worry about the retrace from .5p shs do not go straight up. Share profits are doing their usual hatchet job and MM's are just doing what they do.
We will be back to .5p soon and then upwards IMO
Hi Casterway is there any reason you have not posted since the 15th .. 8 days when the share price has been very volatile.
( page 85 here today @ 11am )
I have read posts of others also wondering .
Thanks Piker.
cordenadam the fact the request is only for £250k at nominal values is IMO great, because it actually means the opposite to your concerns. The funding is going to get us fully into production in both BP & the diamond opportunity, & the company isn’t going to be constantly asking shareholders to approve the issue of more shares.
After seeing 5 billion new shares issued this year, a request for only a further 250 million headroom is a blessed relief
Thanks Castaway for the helpful reply.
The £250k of share headroom is at "nominal" share price which for VAST is .1p - so £250k at nominal is 250 mil shs .
To pay for your medication.
You do have to wonder sometimes at these things I agree.
Hopefully we can keep the upward movement going, lots on big profits here so could be choppy
Yeah i cant see how 250k is going to help if we are that desperate for cash. Which is why to me it seems odd. If we got that skint, 250k wouldnt keep us going that long.
AIM expenses is the only obvious thing I can think of. It costs money to be listed.
Whats the 250k headroom for ?
Definitely good that they've avoided asking for substantial headroom. It does seem the company is finally turning a corner and hopefully continues without any huge bumps in the road.
That’s true Welshie as I’ve already posted. But those warrants have been factored into the SP since earlier in the year when the additional warrant cover was approved.
IMO the significance of today’s GM resolution is the relatively small headroom request which means the finance deal isn’t likely to risk significant additional dilution which I believe to be hugely positive. These are my personal views, everyone should do their own research & reach their own conclusions
That's not necessarily true because there are currently 2.315b warrants available to transfer to the new funder if part of the loan is used to pay off the Mercuria debt.
From the PREM board but relevant
https://twitter.com/darthstock/status/1184028637001064449?s=21
"GLA and let's all enjoy the next weeks and months up to massive free cash flow."
the holy grail for any Aim co............massive free cash flow.......... :-)
Cheers ORT. Don't post much anymore, but had to point that out. Loving the way this is going. ATB