Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Equilibrium; an ironic name for someone who cannot see the clear negatives.
I agree, very positive, but there are also negatives in that RNS that cannot be ignored. Please don't try and pump your bags to sell at 2p. It is boring.
JS
I think a lot of people had a bit too much money in here expecting to be rich overnight. Realistically, the update seems pretty balanced. The cash thing is my biggest concern, but the future commercialisation and Discovery remains not a worry for me at all. Ashamedly, I didn't slice when it bounced back over 2p, but then I think this is heading up in the longer term.
Short term maybe not, heck they might even spring a raise on us tomorrow, but 2p will be cheap once we have a few things aligned and sorted out. You're either an investor or a trader and both can make money here.
A real conundrum here.
The only negative thing I see for me, personally, is the potential looming dilution as they raise more capital. That is the only negative for me.
The market sees the timeline as a negative, a lot of people have been waiting for this RNS for weeks, regularly checking the RNS releases from VOX every day for four weeks. Scrutiny of each word used in previous RNS's and a million different potential outcomes all boiled down to this morning, and people wanting an announced JV, Elon joining the Executive Team and the famous D word.
That just isn't realistic.
The long term looks very promising. 0.5 MILLION, not thousand, mmcf or w/e the f*ck. That is a healthy flow. The 4.7% is also very promising, and the play remains solely Helium without hydrocarbons or co2. This is still a unique opportunity for everyone here. Baring in mind the year we have already had, with some of us sat on bags that began at 0.25p, you can expect some people to begin cashing in their profits. I bloody wish I was a part of that camp.
I have done my slicing earlier this week and this current SP is a little gloomy, but the thing that I ponder on is WHY they are doing more testing, when Lorna was very clear with stating that the data they had was enough to get things moving. Rather, WHO are these tests for? Who wants to triple check the numbers?
That is my question to the market. The SP seems oversold, but again with a potential placing, best to take out a % and leave it liquid for that dip that follows. Long term, money money money. Take it easy, stop being weird.
Neil; shouldn't you be ramping HE1?
Incredible new discovery from an Oxford Graduate earlier this morning.
Apparently, the more positive posts that you put onto a stock BB without any evidence or stating any price calculations, the higher the SP will go. Unbelievable. The rampers really might have a chance here.
Seems the BB turns into prediction galore on the back of no news. Twitchy fingers, itchy feet. We all know which way this is headed, but it may not be today, this week or the following.
The lack of media or noise suggests to me that they are sat on a bloody goldmine and would rather get business done and secured, than sit and spout out about it. Let the business do the talking. Noble have tried the media approach and it is doing nothing, I wouldn't be surprised if the dip is due to others selling their shares there and taking a holding here.
I do want the news, but I've been converted into believing that the longer there is no news, the further up this will go. Some of the terminology used already is overwhelmingly positive. LB, take your time but do it right.
4.7% Helium levels. Even if this is the peak and other areas have less, we have such a massive room for error versus 0.5%.
If flow rates were truly negative and would be a problem, we are also sat on commercial hydrogen. Either way, we have Helium and Hydrogen buffs interested. Traders will bring this up and down, folks will panic sell their shares, but the silence is only a good thing. NDAs and such.
Bring on next week.