Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I have nearly 200,000 of these and can assure you that i have researched them fully, its bothers me a bit that when taking over PSS in the US they didn't seem to carry out due diligence properly - you would expect them to see potential problems with cost overruns to the extent of 600k, maybe a word with the accountants/auditors is required. Lets just hope lessons have been learnt and ECK resume its upward momentum. GLA.
Can i come out from behind the sofa yet? Hopefully this is only as the RNS says, a year to wait before we get back to where we thought we were on thursday. So long as it isn't another monitise i'll be happy; i think the difference here is that the products are already producing returns and a dividend being paid. GLA.
I also think that there are more main market falls to come, however, as already been mentioned before on here,as eckoh make a lot of their profits in dollars a strong dollar re sterling is good for the bottom line. This is the only share i currently hold, if i hadn't sold the others i would be several thousnds down now, and some of that is coming here sooner or later.ATB
Superb set of results, divi increased by 20%, much more to come as recent US contracts add to the bottom line towards the year end, and many more to be added in years ahead. Long and strong despite Brexit worries, sold all my other holdings but these i hold.ATB