Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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'I do agree BTW that comms should be a LOT better'
We can certainly agree on that Steve!
OK - 'The drop' then if we're getting in to semantics.....Either way, a simple statement from the company explaining that pre-production has commenced at FB would, probably seen a rise, not fall, in SP.
There's zero publicity from XTR, far more is done from companies with far less......Fact
I do agree BTW that comms should be a LOT better. I just don't think that is the specific issue for today's price movement.
It isn't a retrace. There is 1.6m volume now with 80% buys. That is exactly what you would want as a shareholder, but even Colin can't control the MMs moving the price in the opposite direction to the actual buying activity.
Bird could have, probably, prevented this further retrace simply by releasing a statement similar to Empress....
I had volume and facts, get in! What’s my prize Uscita?
Bingo!
Less than 400k sells (typo)
Lets look at facts rather than slogans then. Volume is 1.3m. That includes at least 900k in buys and less than 500k in sells. If you go on Telegram I have posted Level 2 to prove it. Somehow the spread has fallen from 4.8 - 4.9 to 4.4 - 4.7 and we are down almost 4%.
How would you describe that then?
LSE bingo is back I see.
'Green filters - must mean good news coming'
'More buys than sells'
'market manipulation'
'Tree shake'
At this price I may be forced to buy more !
Change of subject -
As there is clearly going to be a delay to the original date of June to sell up, albeit a welcome one as it will eventually result in added value, I'm wondering why the IP results have not been published. Also, the Empress Royalty mining progress. I'd imaging CB would be very eager to announce to the world that Africa is now making real progress.
Lastly, I have mentioned molybdenum a couple of time is the last 6 months or so and was interested to see CB did so himself in the last RNS when referring to Ascot but without any grades. I'm wondering if this is because Mo grades are typically very low and that to publish them would give the impression that they are very poor when in fact they are acceptable. Gold plus Mo in Ascot could be very profitable with Mo being valued at about 4 x that of Cu. Odd that Cu seems to almost be absent from Ascot but then that's why it was clearly a new system.
And now 525k in two buys (outweighing all sells so far - entire volume was only 550k) and we are still well down on the day. Straightforward market manipulation.
Lot's of green boxes today, usually means some good news coming, coupled with a drop based on nothing much at all.
Tree shake, very funny Steve.
In fact, given the volume it looks a lot more like a tree shake ahead of good news.
Opinion
The 3.50's are now inevitable..
Sell and buy back cheaper, GL all.
There is no stampede - total volume is 553k traded - or 1 share in every 1500. MMs are taking it down on extremely minimal volume.
Seems to be s bit of a stampede for the exit today. Surely the expected news can't be that bad? Hope it's just a case of the herd instinct. We need positive news CB and the sooner the better. This evening would be good!
Gixer, what's this rerate word you use ? I am unfamiliar with it ;)
Rick what's wrong? (apart from the obvious) let it go, reply to him where he posted it doesn't make any sense replying to what someone said across a completely different sub forum, it's bizzare.
@Rick123
I think £0.50 is a bit optimistic. Maybe somewhere in the region of £0.20 to £0.40?
MMs taking it down on incredibly low volume. 180k shares traded so far.
Topped up at 4.70p but shows as a sell. Guess some of the other trades at 4.7 could be buys too.
@DrAim
Collect you deranged deramping rubbish mate
The 0.50's are now inevitable...
well done on finishing the building work, mine are dragging on, expensive times, had hoped that I would be able to cover the last part via selling off 20% at around 8-9p but looks unlikely now, extra hours working it is then... :-(