Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
"Who else can step in and pick up the pieces from SPR?"
You'd like to think there's a backup plan already in place.
You can do as much research as you like, when a AIM company goes belly up it's usually because of fraud or other factors/information that you simply have no access to. Even the brokers are in the dark, which only goes to show how pointless they are.
Intuition and experience helps, but there is no failsafe. Commiserations to all shareholders here who look likely to lose everything, except Alfachump of course.
"Was the Armageddon deadline really necessary?"
He said he hadn't finished buying remember. Maybe he's maxing this out to get himself a nice early entry point. There was also a fair bit of price manipulation surrounding the first tranche of shares he and other directors bought.
Maybe the FCA will step in hahahahahahhahha :/
Did Mojapelo want the business to fail? No, but he paid himself outrageous sums of money safe in the knowledge that shareholders bore all the risk while he got rich. I said for years that this clown was overpaid.
Nobody with a brain will ever employ or invest in this charlatan again, but that's another matter.
Looks like goodbye BMN. Hands up who is hero worshipping Fortune Mojapelo now?
New year, new priorities. Perhaps SPR management have looked at this deal and decided to rethink where this sits in their portfolio. I see no other reason to delay funding, but of course the reason could be related to events that have nothing to do with BMN, i.e. payments made or not made to SPR by unrelated third parties.
Potentially disastrous for the SP, and yes it would of course call into question Coltman's choice of funding partner.
Hardly surprising. TW's entire raison d'etre is to mine for companies that require loans to stay afloat. He has little regard for the truth and merely tries to exploit the uncertainty.
Not sure where that's got him, however. Judging by his putrid teeth, he can't even afford basic dental work.
Yeah, let's waste space talking about BMN's non-existent future if SPR don't lend them the money they promised.
@sammy58
What military experts? The ones that convinced Zelenskyi to back out of signing a peace deal and trigger a war only to discover that Russia was far stronger than they assumed and sanctions would have zero impact? As a result, Ukraine has lost 500,000 men and millions have ditched a country that has been totally decimated. Meanwhile, US will inevitably walk away with its tail between its legs (again). If Israel aren't careful, exactly the same will happen to them.
You obviously have zero knowledge of the Ukraine conflict if you think Putin has any intention of triggering a wider war. There has been a lot of dumb Western propaganda surrounding a war that is effectively over anyway as Ukraine is finished.
Israel is a much bigger tinder box, but I doubt China or Russia have any appetite to escalate that either.
The common denominator here is US aggression and its pathetic attempts to instigate regime change everywhere it goes, encircling countries with military bases and fighting proxy wars. America is fiscally and militarily weak, the world would be a safer place if they accepted they are no longer the 'strongest' nation in the world or 'global police'. It's the US neo cons are completely disconnected from reality and a threat to world peace - not Russia or China.
Amazon are getting heavily involved in Europe's EV charging infrastructure, starting with open source app-based technologies like CHALET. They will be behind the mass creation of EV charging point forecourts.
They are already moving into the agriculture sector, as you might have noticed with some of their food stores, and with consumers already so reliant on them for goods delivery, they will be THE major player in transport-related decarbonisation projects over the next decade.
Craig's pretty brutal. Appreciate him answering so many questions even if some of his answers lacked sufficient detail.
What's clear is that BMN will become completely disconnected from the VRFB value chain that Mojapelo wittered on about with such naive excitement. BMN is a vanadium miner and BELCO's electroloyte is just another vanadium by-product to be sold into the market. There's no vision for renewable energy or VRFB collabs. If the V price rises because of these projects, all well and good.
As there will no longer be an energy division, I'm assuming Nikomarov will be part of the planned redundancies. He can preach about VRFBs and renewables to himself, which he is pretty much doing already.
Coffeecups - the genius investor who tells us all the great investments he's made but none of the failures in the vapid hope that some idiot might actually believe him and take up one of his recommendations - thus raising the SP by 0.00000000000000000001%
Why would anyone believe your so-called trading history? Successful traders don't spend all day writing unsubstantiated comments in order to con people into selling/buying shares. That's the behaviour of clueless, failed traders.
Nice to see you finally admit that you're a liar whose sole object is to invest then leave in the unlikely event anyone believes what you say.
Learn to read instead of just venting. I already said Coltman has partially turned the SP by guaranteeing its short-term survival. In my book, short-term incorporates the next 12-18 months.
He's done a good job, but we also need to see a future roadmap - otherwise there is unlikely to be a 5p or 10p.
As I've said before, my investment is now so low there is little point selling. I'm also happy to wait 5-10 years if that's how long it takes for VRFBs to impact market prices in tandem with a recovery in China.
What I don't like is conmen and liars like CC, and you, who it appears are only interested in short-term gain at the expense of other shareholders.
The V price isn't made up, it's there in black and white. So what's your thesis for a rising V price in the short-term that will make the company profitable enough to raise the SP to 10p or 5p or 3p?
BMN is loss-making you d*ck. If you're not a conman then you're at the very least a moron.
Coltman has partially turned the SP by guaranteeing its short-term survival. What's the thesis for growth? What are the latest projections for V use from battery uptake and how will it ameliorate for the lack of investment in China's crashed property market? Maybe he can tell us at the upcoming investor meet.
Due to all this dilution, there's several hundred million CLNs/shares waiting to be sold if we don't get an answer that offers short-term optimism - and a lot of them will be sold regardless.
No. I'm just asking for EVIDENCE that BMN will climb above 3p anytime soon. You offer no response, because all you want to do is mislead people for your own financial gain.
To have credibility, you need to explain your thesis. You have no thesis, no explanation and thus zero credibility.
CCs dumb ramping is really quite pathetic. Even more pathetic, he seems to think that he has the gravitas for investors to follow his lead.
Of course, we all want 10p, 20p, 50p, but there is nothing on the near-term horizon that suggests BMN is going above 3p any time fast.
If there is a reason - give it. Just saying this will be 5p/10p just looks f*cking desperate, because you are desperate.