Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Leeman
If you are in Art’s position the NDA is fantastic as you can bat anything off as “sorry I can’t talk about X as it’s covered by the NDA”
No one has any recourse against Art.
If he was trustworthy I could live with the time it’s taking. Unfortunately I don’t think he is and I feel that there should be an agreement with the other party to allow Art to release something material by a certain date.
Morning Troajan
Hope you doing well.
Stuck here waiting for take off. Long term sufferer.
The cash in hand is nice but unfortunately are ceo does not make it last very long then there is another raise.
Are hats are hanging on the ggs, the jv and cc.
Unless he wants something Our ceo is really bad at PR.
One day it will come good then I can get the hell away from Arthur
Atb
Arthur’s stained Y fronts, you’ve just put me off my hash browns.
Large oil companies have cash coming out of their ears.
Unless Arthur is looking for a ridiculously huge injection of cash I can’t see why it is so difficult to agree terms.
The jvp has all the information about copls fields. Surely we can’t be arguing over small percentages or the odd $m.
If it’s Arthur’s ego which is stopping getting this over the line then perhaps he should, with the other parties approval to put the offer to a shareholder vote.
For me I think it is do I trust our ceo. I’m afraid I don’t.
With his history and he and Ryan awarding themselves that pay increase that’s enough for me to think it’s time he left.
Get someone new in who has respect for shareholders and is trustworthy.
For all we know there could be a decent offer on the table but AM is so bloody minded that he will not agree to it
Beesty
I have lost confidence in Art as A CEO.
Shame there isn’t also vote to retain the CFO. He is possibly less popular than Art
I feel that I don’t need much from Art but perhaps something positive about the Ggs or cc drills. Some images or videos on the website updated say monthly with a short comment about progress
Clock
I voted though hl.
General fund and isa accounts
Log in and on your home page to the right you will see shareholders meetings.click on this and it will take you to another page which is easy to navigate to enable to vote
Ed
Nice post I suspect it reflects other feelings on this bb.
Never thought of voting before but I have this time.
Consolidation “savvy investors” what a joke.
His and Ryan’s pay increase really peed me off. They are taking the P. How can they justify the increase.
Atb
Just voted on HL
Very straight forward.
On the right hand side of your home page there is a link to shareholders meetings. Click on this and it will take you to meeting which are coming up connected to your holdings.
Personally i think the only way AM will take on board any feelings PI's have towards him is to vote so he can see it in terms of votes cast.
Unless there is something more behind the consolidation, when we are scrambling around for funds why on earth are we spending money on consolidation and name changes.
If management want to do it then wait until we can pay for it out of profit.
Not so long ago they stated that they were looking at ways to cut costs and now this.
IMO this money should be used to develop the field.
If it happens will the brokers etc be paid for in shares? More dilution
Wwa thanks for the link. Very interesting
Total Energies are buying Neptune
For 6.7 billion.
Neptune produce 135,000 bopd
My basic calculation is the payment equates to just under $50,000 per barrel
If this is applied to copls 1700 bopd it equates to $85m. Mc
This ignores our potential
Analysts at Jefferies called private equity-backed Neptune “cheap as chips” at a $6.7 billion enterprise value, which equates to just over $12 per barrel of oil equivalent for its reserves.
Morning
When I first started communicating with Cathy I was pleased that I was getting a form of reply from copl.
Unfortunately over time I realised that whatever Cathy said was what the PI wanted to hear.
From experience take what she says with a pinch of salt and do not give it any weight.
I’m sure AM has skill sets but this does not include being a ceo
I think he has a role to play in copl but not it’s ceo.
As for Ryan is he a highly paid puppet?
As for Cathy if she is been paid 200,000 then what can I say. My last communication with her, she wasn’t aware of what was said a the latest hearing.
Anyway if AM is still in place after the agm then perhaps he can be given a bloody nose by PI’s voting a certain way
Atb
DJ
We have looked at the value of the oil, the value of the injected gas and the value of the plant and machinery.
I’m interested what the value is of the existing land with its disused wells etc.
I no very little about cc but I assume you pump carbon into the ground and it stays there within natural underground voids.
Copl seem to be able to pump as much gas as they want into the land so I assume that they could do the same with carbon dioxide.