Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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/
Great to see a bidding war!
Yes I know, 6% down. They just rarely match up by day but do pretty much over a longer period.
A bit of late afternoon price action.
Don’t forget. It might only be 14% of your holdings at £2.50. Then hope this profit isn’t eaten into by a drop below £2.20 on the balance of shares.
I do believe the offer has put a floor of £2.10 on the price though, for the short term at least.