Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
A lot of negativity being posted about this share & at what appears to be a bargain price so I thought I would check out my local Marstons.
Packed Friday & also Saturday.
Doing lots of food & had a band on Saturday night so the drinks were selling well.
Will have a look passing Sunday when I go past however they seem to be doing well so I think it's a buy for me Tuesday when the market opens.
Barclays has just been paid.
Legal & General due in a couple of weeks .
( Message was in two posts stoodio. )
% Divided in a couple of weeks .
There must be a massive naked short on this . At this price it is paying 5% divided.
Astra Zenica 2%.
Financials are out of favour at the moment yield some big returns.
Take Legal and general going to pay a 7
So forget about Jamaica & another pipe dreams.
The fact is that at this amount of production with oil at around 90 dollars per barrel ( taking at the low end ) this company is massively undervalued.
It's a takeover target.
Sorry.
Was 300000 & converted from a CFD. So he actually owns them now as I understand it.
So Peoplepower why would a director buy 200000 shares at £1.03 if things are so bad ?
A director buying 300000 shares at £1.03 would make you think that they are confident that the current share price is a bargain. They probably know more than we do.
I still think that there is a growing naked short on this share ( just my opinion) .
Even though the chairman got his figures slightly wrong & should be coming out with a statement to clarify the company's position with exact figures.
The share price is getting hammered for no reason looking at the assets,oil production & the oil price.
If this is the case there will be a takeover bid or a spike in the share price as they start to close the short position.
Growing frustration or growing naked short.
Maybe a takeover bid coming !
Surprised there is no takeover talk at this price.
If they have lied they end up in jail or best case have there assets stripped.
So they need to come clean & give a true appraisal of where the company is now.
There should be no such thing as a slip of the tongue from a chairman when he has the facts or he is in the wrong job & should leave.
Has done nothing for other oil companies !!
BP has doubled.
Why are they so pesemistic about the company.
When are we getting a new chairman.
Some reasons why a share may not be performing even though the company is doing well.
Shorts.
Naked shorts.
Market makers.
All of the above can hold down or pull down the share price.
No idea what happened today or why the management put the inflationary bit in. It's like they wanted the price to drop.
Anyway thanks to whoever I am back in. :-)
Rox,
I think that the market gets it wrong on a regular basis with many companies.
I admire you & others for your efforts in keeping an eye on what is happening in the front line with card. I think you all will be more than happy over the next 12 months with this share.
Lombard messed up with this one I think !!
Just my opinion. Let's see. :-)
New to this share although I have been following the company for a while.
Has to be one of the lowest valued shares on the market when you compare what the company already has production wise & future potential.
If you look at say rockhopper shares that have nearly doubled in the last 2 months with little to offer this share is unbelievably cheap.
Maybe it is being held back by the market some how or is it just an undiscovered gem ?
It should be trading way higher however I am happy it is trading at this price to buy into.
Just my opinion.
Simes20.
Are you on Lombards payroll ?
Simes 20
Shares bought at 48p sold at 58p equals a **** load of money.
Been waiting for Lombard short to kick in although I don't see it happening now.
Good luck to all that are staying with it & I think you will do well long term.
All the best in the New year. :-)