Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Appreciate all the messages, I'm glad the selling is over.
Ian
"So, Anders, the new house is a castle :-)
All the best to you, and enjoy your new abode!
Any particular part of the country?
All the best mate."
Based in Oxfordshire and moving about three miles, but from a flat to a house. I can't wait to have a garden.
Before I get shot, hung, drawn and quartered - this RNS covers the sells I made on Friday (I was the Friday seller selling chunks). The 8.3 form only allows you to disclose for the previous sessions trades, so I had to wait until today before reporting Friday’s sells. I had to remove the house purchase line on this RNS (sorry takeover panel).
Thursday last week I let the price ride up before selling, but I only got half of the shares sold that I needed to because it was afternoon before I started selling. On Friday I had to be more aggressive which you saw drove the price down.
I thought I’d report these sells after hours again, rather than first thing this morning so you all have a chance see the RNS and my explanation and give the SP a chance to recover today after my sells Thurs/Fri last week.
I still have a decent amount of shares, so don’t let the derampers tell you this is anything sinister. The house is an expensive purchase, but worth selling 8M shares for given the total shares I hold.
At least you know Friday's seller was a friendly seller ;)
Removal company booked for Saturday, I can’t wait to get in.
Thanks for replies and good spirit. It's been a tough few weeks knowing this was coming after holding since 2019 and doing battles with bot flies in the early days. There were a few delays in conveyancing and I thought there might be a chance to wrap up here, but EUA is growing in to an even larger monster and I'm sure the return is going to be higher with the announcements made in the past few weeks.
Eurasia lodge, I like it lol
Have a great weekend, I'm sure the SP will do better next week with this seller out ;)
I’m sure these sells will come as a surprise to many shipmates at this late stage in the game. Why? Like many of you I thought this was going to done and dusted end of last year, or January latest once the DFS came through. I spotted a nice house in October and put an offer in and although there have been a few delays with conveyancing and various other things, it’s crunch time and we’re completing end of next week.
Some may have noticed I’ve not posted as much on both LSE and Telegram in the past few weeks because I knew these sells were coming and I didn’t want to be accused of ramping so I could sell at a higher price.
In hindsight I should have sold on the RNS that sent us north of 30p, but at the time I decided to hold as long as possible in case we got this across the line.
I requested the RNS be published out of hours, so you all have a chance to read this post and digest the reasons for sale. It’s a shame I couldn’t hold everything until the end game, but I can’t miss the opportunity to buy this house, it’s ideal and took many hours of searching and is perfect for me.
Finally I’d like to say a thank you to our excellent BOD, who’ve enabled me to buy a decent house mortgage free. This has developed into an even more interesting project and I think although selling at this price isn’t ideal, the BOD will maximize value for us all and we’ll end up getting a lot more than we originally anticipated.
Derampers, the words above are from the horses mouth, don’t bother trying to spin anything negative out of this. I trust the BOD and this project, but couldn’t miss this house.
Anders
StarBright, here's the disclosed short positions.
https://shortsell.nl/short/NOVACYT
It's professional and 'home use', awesome.
PathFlow® SARS-CoV-2 Antigen is a professional and home use LFT for the detection of SARS-CoV-2 antigens using non-invasive anterior nasal swab samples to provide a result in approximately 15 minutes. Novacyt has been working with a partner to develop this test, which is able to detect the virus regardless of current known mutations. The Company intends to launch the test as CE-IVD before the end of Q2 2021 and expects it to complement Novacyt's established position in COVID-19 PCR testing. As the market for COVID-19 testing continues to develop, the Directors believe this product could add significant revenues for Novacyt.
ScaredieCat,
Earlier you said "The £20 billion tender which Microgen won with 145 others was awarded on 2 Nov 2020. So whatever portion Microgen got, was already built into the current sp."
then you said "The tender has been awarded to Microgen and Primer but we just don't know how much of the £3B they will get as there's no indication of how the money will be divided"
How can it be priced in if it's unknown, you're all over the place.
Wilson,
There are 146 suppliers in the £20B tender, so if you say an equal split that's £137M if you round up. I know it's a simplistic approach, but we've been in the top 10 suppliers list several times last year. So it bodes well, if we forget about the dispute with DHSC.
Oriens1, it does say award which suggests some portion of the total tender value has been awarded. We'll find out how much in due course.
GLA
Porky,
If you apply the same logic Microgen could receive £136M from their share of the £20B contract. It's going to be an interesting week or two.
https://bidstats.uk/analysis/suppliers/microgen-bioproducts
Looks like Microgen have a slice of the £20B one too:
https://bidstats.uk/analysis/suppliers/microgen-bioproducts
I just noticed they've increased from approx 2.5M to 4.2M. They must have been one of the II's accumulating.
https://www.vaneck.com/us/en/investments/russia-small-cap-etf-rsxj/holdings?country=us&audience=retail
Apologies for the delay posting, Telegram was manic last night and I've been catching up on F1 practice :)
The RNS was a surprise, but a good one. It shows how close we're working with Russian authorities and gives us access to an even larger pile of resources. We have the potential for a complete monster here and we've not seen the potential resource upgrade from MT yet.
We'll have to wait and see if this will be a full sale or asset sale with on-going development of the new resources, but whatever the outcome the future looks very bright.
What a first class BOD we have and also great there were no leaks on this new asset grab.
Anders
They're certainly ramping the media on this.
https://twitter.com/DHSCgovuk/status/1373956370802806785?s=19
Long term hold for me, but I'd like to see the plan for launching X-PLO2R. They've had a year to source manufacturers and create a BOM while we waited for FDA. They should be pulling trigger to order components now, which could have leadtimes 90-120 days, so we can launch early in H2.
PCR test mentioned here and this was published today.
https://www.gov.uk/government/news/care-home-residents-to-be-allowed-one-visitor-as-part-of-cautious-easing-of-lockdown