Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
The free shares floating around is tiny. Of course JD will pay a premium to secure a 29.9% interest. JD would rather pay 1/2 million extra for shares than risk not getting the maximum share % without having to put in a takeover bid in. If FOOT start taking serious business off JD then buying 29.9% is a simple hedge which in the long run will save millions more. Also it allows them to ever put in a takeover bid with relative ease if they decide they need to takeover foot.
Go back through the old posts I broke down the real free float of the company. It’s so small any buying pressure and this is the result. 90-100p target range easily
I agree. Not trying to scare people, if you're happy to hold mid term it will come good but just don't think it'll do another 100% any time soon and is more likely to drift. Anyways I'm not invested and really don't care all that much as it doesn't affect me. Have a good weekend all.
Traded this yesterday like most (sold way to early at 8p from sub 5p) but this was bound to bounce but honestly think it will fall back to the 5p level. Exact same thing happened in IMM. Believe it will come good but just be wary all.
Happy days
The market is too cautious now though. If the price inflated in-line with results then placings can occur into a rise. I agree this should be 20p raise at 16p and on to mid 20's when next drill is ongoing. Anyways it will all come good I'm sure
Did anyone actually find out why Barclays can't/won't let you buy shares for GCM? Still get a no buy option on the server.
Patience is going to pay. 225mil Mcap in 18 months. Will probably have 60mil extra shares sloshing about but the SP will be a damn lot higher. 40p first slice, 60p second and 75p for final. Happy days! The next rig will be quicker and have less problems. JB clearly wasnt happy with how long it took so will be sourcing a new better rig then 105/106/107/108 will be cheaper as rig on site. By the time 103/104 producing funding will be sourced from other means rather than shares to protect those director options. Buy and hold
If I were to sell AAOG I'd put funds in here but as with Barcalys it won't let me buy more. This share is gunna have it's 15 minutes within the next few weeks and we can ride it up to 50p
Hold guys, the pay day is 2/3 times this. Dont sell cheap
(Haven't got a sell order on G4M just for clarity lol so it's not that)
So odd right? Same for me, I can't sell on G4M and only the buy option. Think it might just be a glitch
Are gunna have such a suck out here. I can just see the mass sell off and then the news drops and plus 50% have just lost and missed out on a huge rise. Each to their own.
I can guarantee that the NOMAD news drops on Monday. Why are people worried? The sad thing is we won't even move up to much on it I suspect.
Can see this taking a nose dive early in the morning and recovering after
Will be looking bullish if it can stay over 62
Up she goes. Back to 2.50 in the coming weeks?
Milton group this time so does look like just an adjustment due to dilution
By the looks of it, well we have another today so it could be more of the same or if the questions are angled slightly differently we might be able to get some more info out of DS. 22nd fav for RNS ;)
We should get license news