Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
It would be good for oil price sitting at $60-$65 for next fortnight because it would give OPEC members another excuse not to increase production, and with the lockdowns coming off and flights increasing from next month we could see $70 as a baseline for POO.
GLA HOLD TIGHT
Antonvb
They missed their opportunity to average up on their short, Odey missed timed his buy back aswel, expect short decreasing on tomorrow’s update as this was deliberately overdone to let their friends out, expect +60p by Friday.
GLA HOLD TIGHT
Jazim
They buy and borrow to hedge funds, if you cross reference January sells with pictet you will see pattern of them selling their shares as pictet was reducing their short with similar %, obviously making £% along the way, it’s not the first time they done this.
Goldman have been doing this since last March if you can remember, every time the price increased 30-40% they start decreasing but at the same time you see the shorters decreasing aswel, Goldman buy the shares and borrow to the sewer rats, so when Goldman decrease it means shorters will too. Patience would prevail.
GLA HOLD TIGHT
You learn from your mistakes better then when you don’t make a mistake. I learnt harder way few years ago when I made huge profits and then took a punt into Carillon and lost everything so won’t be jumping ships too often going forward :-)
I prefer researching companies based on few strong points and narrow them down, start building a position by average down as long as possible till I can’t average down anymore and look at long term potential and hold instead of jumping ships daily or weekly bases, I’ve got massive holding in here so I won’t be averaging up, I’ve started building my position in two other companies but tlw stays as main holding.
Earlier it was mentioned that there’s no update on Maersk Venturer Drillship but I’ve just checked and it was expected to dock in Ghana on 7th March so most likely docked by now :-), ahead of it’s schedule of Q2.
https://www.google.co.uk/amp/s/www.vesselfinder.com/amp/vessels/MAERSK-VENTURER-IMO-9633563-MMSI-566983000
GLA HOLD TIGHT
There’ll be plenty of tree shakes like today even thou POO dropped and its almost back to where it was, but the ones that panicked and thought it’s possible to buy back cheaper might have to buy at high price tomorrow when looking at buys vs sells today, just for their friends to load up lower.
I’ll just buckle-up on top of the tree and climb down steadily when it’s hopefully +£2, they can play there silly games underneath and no rush we’ll get there 2-3 years.
GLA HOLD TIGHT
He must be bored of lockdown or self isolation and got nothing better to do then compare one company with 750 million market cap against company with market cap of 65 billion. Needs to get a life!