Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
The update has been very well received.
Trading statement tomorrow, Tuesday 23 April.
Chip stocks were big losers Wednesday. Blame disappointing results and guidance from semiconductor-equipment giant ASML (ASML), as well as caution ahead of Taiwan Semi's results.
AI chipmakers Nvidia, Broadcom (AVGO) and Arm Holdings (ARM) suffered significant to sharp losses Wednesday. As for chip-gear makers, ASML stock gapped lower, while Applied Materials (AMAT), Lam Research (LRCX), KLA Corp. (KLAC) broke key levels.
Gold trading back up to near record high at time of writing ( 8.15pm) - no real surprise, but the dips
https://tradingeconomics.com/commodity/gold
I agree with everyone else here. I can only see it as a reaction to, no more bad news for once. But the gains are still surprise me. Need to look back at the big drop after the profit warning, to compare numbers and price back then.
Taken from Adfn
Before the RNS I thought 3 possible scenarios. Good, middling and poor. when I read the RNS I thought low end of middling.
On reflection many good points;
Reduced workforce
Cash stable
Market recovering
The subsequent RNS detailing contract with AWSC is also very positive
Share price indicates the market thinks "good". A pleasant surprise for the first time in a long time. Maybe Dave Sweeney's chat with Americo was correct sign after all.
Looking good for next week
https://www.tradingview.com/news/tradingview:fd7350412094b:0-xau-usd-gold-prices-blast-off-to-new-record-above-2-235-on-safe-haven-buying/