Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I bought my first load at 1.97p before 20:1 consolidation. That would make them 39.4p in today's money. It was expected to go up to at least 6p. That would be 120p todays money. You could say I am not too happy with my investment. Still I have stuck to the rule of not investing more than I can afford to lose fortunately.
Have held shares here for well over 10 years now and feel the same now as when I started, only then Sturec was going to make us all rich and we were called Ortac resources. What worries me is that when we were hoping for a JV to be signed the SP went to over 8p in expectation but now we have it we have fallen over 50%. Does anyone really know the value of this company. The MMs certainly don't as they raise it 5-10% one week and drop it by the same amount the next. Still I expect they are making money doing that but Shareholders are not. Come on ARCM get on with it. Double the SP so I can get out with a tidy profit and I hope never to see you again.
So much 'good news' and so little effect on the SP. Probably be down tomorrow. Awful. At least the shares are now worth 3p more than when I bought my first load some 12 years ago. Good job there is a dividend to help it keep up with a high interest bank account.
Just unbelievable. When we were just hoping to get a deal like this we were at 8p, expecting to go to at least 12p. Now we have got the deal in the bag we have bombed to less than 4p. I have been waiting 12 years for a profit here and I expect it by xmas.
Nice one aprogerson. I now just have 2 questions.
Have we really gone up 80% in the last 5 weeks?
If we are in such a good position why are our shares down over 5% today.
This company is more frustrating than I could ever have imagined. After 12 years of investment I deserve to be rewarded.
Come on ARCM
Well it looks like that last RNS has bombed the SP yet again. Need a 300% recovery to just get my money back now. It doesn't seem long ago that we were cruising at .32p when a totally unnecessary placing at .28p was made and we have never recovered. More like having a lottery ticket now. Don't expect to win but always in hope
Sent him an email this am, asking if he could just honestly tell me where we stood in our various projects. He did reply almost immediately. No information unfortunately apart from we just need to keep ourselves covered in case the Tolsa money does not come in. He insisted that it was a strategic policy rather than an emergency.
My feeling is that if the Tolsa money was coming in we should pretty well know that is 90% for certain by now.
Very worrying times I feel.
Tolsa money is out of our control and can't seem to sell anything else????
He did however say that he was prepared to ring me.
Having read this once I don't want to go through it again, so someone put it into simple English for me please. Does it mean that we have run out of money and don't really know how to raise some more without totally crapping on LTH once again. Please tell me I am wrong as I only see this as another RNS that will not affect the SP in a positive manner.
Can't argue with that Charlie. I have lost count of the number of times I have read an RNS that on the surface looks positive but never has a positive effect on the SP. We desperately need that million coming in before Xmas (if it ever does come in).
I know that July seems a long time ago but an email was put out stating that no fund raising was being planned. NVS said that he shared our frustration. I might email him to say that my frustration has now changed to anger. Get some good news out soon for heaven's ake.