Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
might be worth a lottery punt at 1p...
It wouldnt surprise me if FOO was playing some side game with the Ministry.. he has history of scamming investors out of millions of pounds with falsifications..
Will be interesting to see if FOO makes a bid for VOG at all time lows with the millions he stashed away when he was running it as a self enriching ponzi scheme!
Its a shame he never ended up behind bars but after scamming so many!!
when Beckham gets paid (for doing what appears to be nothing) more than the likely REVENUE (not profits) you know there are more red flags than at a communist party rally.... will be interesting to see if there are punters out there who are willing to put their hands in their pockets to fund Beckham for another year... good on him
As the shares tank through the 3's I'm guessing many will wish they had been fortunate to get the 1p lottery shares rather than the punter price... but with Beckham bleeding the business dry things will likely get worse.. I see on twitter they only scrapped 100k followers.. pathetic given the money spent.. many uni students have multiples of that!!! i wonder how much clothing stock they have left??? anyone seen anybody wearing the stuff?? thought so
As the short momentum builds there seems very little to stop the sharp downward drops... with sponsorship deals in tatters, the online market-stall faltering and Beckham to pay for I can see a confetti cannon placing a strong possibility.. will it be above the mates rates shares they all got at 1p??? maybe???
the problem here is the old boys club and beckham who got the 1p bonanza shares and are happy to keep dumping and dumping.... they continue to reap rewards even as the share price tanks... this combined with the possible need of a fire-sale placing, the next support level is sub 1p in my view.. only at that level are they not printing money...
Looks like the selling momentum is beyond even what I had expected!!!! This titanic of a performance suggests the placing cannon is about to be fired at a very low price!!! Ouch Ouch Ouch
As I posted a few weeks ago.. the sharp fall to 3.5/4.00 was an easy and obvious short.. I'm not in a rush to close as it is clear this is just a hot air company.. a few children playing computer games backed up by the online selling of a bit of tatty clothing that wouldnt even sell well at Romford market... clearly a winner for mr beckham but nobody else... target 0.5p
Not sure that RNS is very reassuring at all!!! Has all the hallmarks of VOG under FOO!!! Might be another tanking on the cards today!!!
100% on open???
Keep riding the short on this one.. a nice gap down to 3p looks very likely... love hot air companies as they tank nice and quickly
Yet again the management team have shafted the PIs and been shafted by the brokers.. the discount is ineptness personified and the latest in a long list of wealth destroying events (ever since the IPO at multiples of the current share price).. quite frankly they should realize they don't have what it takes to run a public company and sell themselves to a more capable outfit.
UEP sounds like a transformational opportunity...
Having tanked from recent highs and collapsed from the IPO.. there seem very few believers (apart from the hardened few!) that ENET will make it. too many competitors ready to eat the 5G lunch and I guess this cash strapped also-ran might fall at the hurdles ahead.. i guess the IP may see 5p a share if calamity strikes....
No doubt will need to raise funds for more drilling... IMO expect 4p short term and placing at 3p.. if they can get backers.. difficult given these results...
Ouch.. Enet tanks faster than the titanic!!!
Given the share price move, has FOO come back??
With the confirmation of a downtrend it will be critical for the 30p level to hold.. if not back to the placing price for the next capital raise...
The market and I agree with you BB... so far this is a cash burn company and the only folks making money are the management, and they are being very richly rewarded for a shell company!!! Time will tell but 12p or 10p is written on the cards in my view... whoever is dumping massive amounts of stock also clearly agrees!!!