Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
You of all people know why I continue to post.
"A group of individuals buying just under the amount can explain that"
Lol...so a group of individuals are trying to take over the company but hiding it by being other the tr1 threshold? Lmfao. Do you realise how stupid that sounds?
How about no tr1 cos it isn't happening.....look up occam' s razor
Most obvious is the answer
Rubbish 5-0
You have been trying to sell big buyer for awhile now.
No TR1 s mate...it ain't happening
Plumb - well it may be true of many of the "lifestyle" companies on AIM -I am not sure about "most" listed companies in the UK.
Oh and of course the gazillion 4p placing shares that the bucket shop flippers got trapped with.
they will want their money back asap.
so will start to sell
If anyone has been in a share where there is a huge placing to be churned through - knows what i am talking about
Plumb
My issues with the company are :
1) They have a history of not being entirely honest with share holders. The tweets of "busy busy" and "big things coming" when clearly they were not doing anything as there was no product to manufacture for the gov
They then said we don't need a placing and the very next day were hawking around trying to raise
even the latest financial update is misleading with a gross profit announcement - however then stating that they only "expect" EBITDA to be positive?. Hardly convincing. We still don't know what profit (if any?) will be after expenses like salaries are deducted. of course it generates froth and gives the pump and dumpers something to ramp - but be careful with now trying to project this into the company being worth multiples of what it is currently worth
2) the company always has a very thin slither of jam tomorrow eg target market is usa - then when nothing much happens they move on to another "target market"..uk ...to eu..to usa..to...xxxxx
They have spent years trying to crack usa - and they were "focused" on it for the last 15 months. how much have they actually increased sales in usa? does not look like much to me. it is ok talking about % but if it is only a £1m or so then can we really call it a huge success?
of course now they are shifting to India
3) i don't have much faith in current management or sales team
4) the only remaining product line is highly contentious - research IGG tests and the multitude of scientists and authorities recommending against its use. I even opened a thread on it with lists
unfortunately the real scientific stuff was sold off to keep the company afloat
5) they are being pursued by the gov for hard earned tax payer money that they took during covid and the gov wants back. in my opinion they will have to pay the full £2.5m back.
of course they say they believe they have a counter claim and are "vigorously" pursuing it? really?
how ? if they were in my opinion they would be taking the gov to court. otherwise it looks like a bit of a bluff to try and get out of paying. nothing wrong in that and actually the right thing to do - but unfortunately a contract is a contract.
At the end of the day the gov wants it back and odx signed a very "weak" contract
Sorry to hear that rad.
You weren't the only one. I think this is the reason some on here are desperately trying to pump and lie about this stock..in the hope of recovering losses.
I suppose in one way you can't blame them ..but I am not sure trying to suck newbies in is the way to go .
Especially if they continually spout that their golden rule is to do unto others...
Karma
Good news for holders that it has finally broken 4p.
However this now gets into territory where there is the r isk that the gazillion 4p placing shares will be dumped .
Don't expect 4p to hold. The company is barely in profit.
Remember they have said they " expect " positive EBITDA ...hardly a massive net profit alert
How can a company only just in profit be worth 10p? Ffs
Huge profits? Lol
Wait until final results and ebitda...company expecting it to be positive does not sound like huge profits
Lazy - the cash improved in the last financial year because of the sale of CD4 - hence no correlation at all
this time there are no additional income from sale of portfolio - so there will be a lot more correlation - it certainly will be a lot more accurate than the gross profit figure that everyone is quoting
"The baseline for TSR is based on the average closing price of the Company's shares in December 2023, which was £0.63. This will then be compared to the equivalent figure in December 2026."
GL - correct me if i am wrong but they are comparing the beginning to the end of the 3 year period
so increase of 30% from 0.64p - would give 10% per year over 3 years
increase of 90% - would give 30% per year
i think we would all expect the price to be over £1.28 if we win
or have i got it wrong?
Totally agree with kaeren on this one.
the LTIP should have been set after the court case or based on profit rather than sp
if we win then it is a guaranteed pay out for them - they won't have to do anything. most of them having done very little in the first place - and certainly nothing to support shareholders interest in the last two years
how is this an "incentive"?
sorry just another AIM lifestyle piggy in the trough move for me
"Another way of looking at it is anything you have posted negative in the last 6 months or so could have prevented new investors bagging here. 115% up in that sort of period. Just saying captain (no bullying)"
sniffer - firstly the fact that they are in profit (lets assume the EBITDA will be) for the first time in years was a surprise to all if they are honest.
whilst the sp is currently up. my bet is it will start to drift down again now that the froth has had an rns
furthermore there is still the question of the gov dispute
if news drops that they have to pay £2.5m of hard earned tax payer money back - what do you think that will do to the sp?
Lazy
the company cleverly announced gross profit yesterday of £xm
however it is the net income that is important as expenses such as salaries etc still need to be taken off
the EBITDA will give a much more useful figure - the actual real profit
the company have only said that EBITDA is expected to be positive....which is hardly the most solid of forecasts ....so it could be negative or zero or slightly positive.
we do know that cash has increased by £300k - so i think it is a reasonable estimate that this could be a reflection of the actual net income - don't you?
Ant...I have explained a number of times.
Won't be bullied off the board
Someone needs to counteract the lies on here
5-0 - how do you explain that there are only 7 trades showing on lse as I type?
the reality is that it was a good rns as they are in profit for the first time in years.
but lets be honest with the sales they - the share isnt going to rocket anywhere....
the sp will drift down again as we have had the froth and reality sets in
still a gazillion 4p placing shares to be dumped - so it is not going to get anywhere near 6p let alone 10p
much more exciting aim shares around with real chance of multibagging
Let's see iif sp holds?
I doubt some will be staying for a company making £300k
And more promise of jam tomorrow in India
All these target markets of billions and the company only sells £10 million or so of product?
Can you see anything wrong ?
Q...they are just trying to pump this share up on fantasy in the hope they can dump at profit.
There is no takeover ..notice how they can raise the rumour without providing a shred of evidence. The reality is the company denied it...there are no TR1 ..so nobody is buying
in a hostile bid
As for profit...the good news is there is some..but they are
pumping the gross profit before overheads ..ignoring g the fact that the company has only said it is expecting a net .
profit.onctrsse in cash suggests ,£300k.
That's it
Well usa is the biggest economy and their original target market - how that working out?
in 15 months how much progress in USA ? considering only £2.3 m sales added in total last year