Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I agree Smellyben , I think the most telling event to come from the recent exciting developments is the cancellation of the loan facility.
As soon as that announcement was made the SP started to rise. They obviously have new funding and partnerships lined up to move forwards.
As soon as I saw that bought another 5 million shares to lower my average and to load up for the next big news.
I am now happily sitting on a shed load of shares at just under 1.0p. and can’t wait for next week and the progress with GST that we’ve have all been holding out for.
GLA
I would hope that deals and negotiations are well advanced subject to the approval of the acquisition on Angra. After all its not going to be the API licence which causes this to really take off, its what they do with it afterwards which is what will attract the big money here.
I have a 'good news' tingle on this one. I don't think £1.3 million would have been raised last week at 2.10 if there was bad news incoming. The FCA are notoriously slow at the best of times , during a pandemic its going to take time.
I am trusting my judgement on this one and have considerable faith in Mr Bai and Mr Tan.
Novice....you know when news does arrive, it wont just be that GST are pleased to announce that the FCA have approved the continuation of the API licence from Angra to GST.
Jack and Shayne will have been full steam ahead with rolling out the entire GST Stablecoin business plan and there will be regular news and announcements of progress and agreements that have been worked on.
That in my opinion is what will transform this company and make all those who have invested and trusted in them feel like its christmas day. 2022 will be very interesting and a we should be right at the heart of it.
I am going to have one last top up before its too late and then sit back and watch the whole plan unfold.
There is no question that it is a very exciting and dynamic sector but I believe what sets GST apart from so many others are the individuals involved. They are proven in the industry and have been for some time, proper respected experts who would not put their names to something unless they were confident in their endeavours.
That is certainly why I nailed my colours to the GST mast and invested when they became directors. I believe that initially this stock was a bit speculative , however as the news has been released and a a clear path has evolved it has become less so for me. The latest developments with Jack Bai and Shayne Tan becoming the figureheads for GST convinces me even more so about the prospects here.
The fintech sector is going to be extremely competitive and obviously not all can prosper but I believe we are on board with proven professionals who know their industry and I imagine have a lot going on in the background that will be announced over the coming weeks.
Exciting times to come and now we are through the doldrums over the summer months I look forward each day to the next development.
As ever DYOR
I agree Rktech
I know the recent placing at 1p left those of us that have been in for the long haul a tad peed off. However I think we have to accept that Jack and Shayne Tan know exactly what they are doing and that although they are not the best communicators they have a clear vision of what they are intending.
Its interesting that the news of the potential API via Angra only had a roughly 10% effect on the SP however the appointment of Jack as CEO has really pulled the momentum round and so far the SP has held up well.
I cant imagine that Jack would have taken over the reigns at GST unless he knew that things were progressing positively on the fintech front and I am sure there will be regular news via RNS.
Like many on here I'm sure, I have had to remind myself why I initially invested and backed the new directors at the beginning of the year but I am so glad I did and have now topped up during the lulls to a level where I am confident that the rewards could be amazing.
Definitely going to be an exciting few weeks ahead with all sorts of potential news which could drop at anytime.
Good luck all invested here, its been a rocky road but looking really forward to the coming months.
These are only my own opinions from my own research, as ever DYOR.
I agree Almagest, I think that to start with the far East will be the main focus for GST but hopefully that will be just the beginning and things will develop Internationally from there. A good end to the week though and despite no real news to go on the SP does hold up pretty well.
Like Jiffy , I have 'loaded up' and now look forward to things developing . Its going to be amazing to see this company expand and reward all of us that have committed to the long term development here.
Good luck all
Hi Jiffy,
I agree it would be great to hear something soon regarding the API licence but I too would be surprised if confirmation came quite this early but you never know !!
Perhaps there could be an RNS regarding another update.
Just for info , I did email the company early last week asking them if they could confirm whether the application had been made yet, but so far have had no reply at all.
Still very positive on this company though and all our prospects here and been regularly topping up on the drops
Good luck all
I agree Magnum, I put some more in the pot today at this price. I noticed it showed as a sell which it does all the time.
It looked like a sea of Red this morning but I am convinced a lot of them were buys .
I think most of us here have done our research and know that this is going grow strongly as the company evolves.
I am going to continue topping up at these levels so have no regrets when news breaks and this starts to escalate quickly.
GLA
These guys are no amateurs, they are seasoned entrepreneurs, I believe they will already be in advanced negotiations with their contacts in financial institutions and even governments with regard to their fintech expertise and what they can offer. I personally don't see how they can announce any potential contracts or agreements until the API licence is granted and approved for fear of looking premature and presumptive.
However once the licence is approved the good news will flow and the SP will rise with each of the contracts announced. I am sure there will be a good jump up on the first news but in reality its the size and monetary values of the ongoing contracts that are going to make this stock really rise to its full potential and hopefully reward all of us believers.
It would be great to hear something soon but personally I am quite chilled with how things are developing. There seems to be a lot of of interest in this stock and although it does drift it always seems to come back up to the around 2.0p buy mark because of this.
The relatively low market cap and small free float should mean that when news does come it will be gain momentum really quickly , which is why I have loaded up at these prices and will watch it unfold without thinking I wish I had bought more.
Good Luck all
It has been a bit quiet on here lately but I think its a great group. Love the fact that most on here have done their research, trust in their findings and have built themselves a solid position in the knowledge that so much is going on in the background.There is no hype, ramping or BS going on like so many others boards, just a quiet confidence that this may take a little time but will be well worth the wait.We all know its only going to move on certain news but know that its coming and that there are serious entrepreneurs at the helm with outstanding credentials.The SP does drift a little but holds up well around the 2.0p mark and any shares that can be picked up under 2.0p are a steal.Good luck all , DYOR
I bought 300k at the end of the day showing as a sell and I would say the last 5 trades were buys not sells.
I am still adding to my pot on the dips and convinced this is going to be well rewarded as it unfolds.
Good Luck All.
If people read all of Schalfs posts they would see he has been warning of this for days now !!
I've picked a large amount of shares now by topping up on dips but I have no intension of selling any of them.
These are top quality Directors taking this company into the future and its going to be very exciting.
Its all about news now, the shares wont rise on there own but as news comes they will rise and pretty quickly to begin with. We will all be grateful to people like Schalf and many others who have offered so much advice. Just hold your shares and wait for the next RNS to come. You will be gutted if you miss out.