Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Https://www.youtube.com/watch?v=FnpJBkAMk44
Best use of this song tbh.
O boy you are like a rat with bone, I know you could not see the problem which is a problem itself. You're repeating yourself still trying to persuade me yours is the right opinion, I have my position you have yours and that is okay with me.
There was a word missing, I have never liked the current management.
You know exactly what I thought the problem was with what you were saying in August I made it clear at the time, I am not going repeat myself. I just don't feel the need to convince you of my point of view and you are more then welcome to think what you like.
Conger.
The majority of this low price is caused by irrational investor reaction to the current wars in the world and the perceived risk they are bringing.
The rest is caused by economic forecast being shoved down our throats days after day, saying we are all doomed.
Debt is not astounding at all.
Most of the planes are on finance leases, to match cash flow, but the whole of the lease liability is in the B/S debt, this basic accountancy.
Net debt is failing NET debt is much more important, all the debt they have is at tiny rates and or hedged off.
FUEL costs Down.
Overheads Down.
25% EPS just wow, that means a PE ratio of 4 yes FOUR, unbelievable at this share price.
Keep turning in figures like this and this is 300p share.
Https://finance.yahoo.com/news/ge-raises-2023-profit-forecast-100449275.html?guccounter=1
I am a qualified accountant with, a masters in Tax and Finance, 40 years commercial experience, run my own companies for the last 20 years, thanks for the education on economics 101... wow I knew none of that. just wow!
You are so condescending.
The share price has dropped nearly 25% in the last three months, I think you talking out of you butt MGMv12 IMO.
Most recently this has been caused by the conflict in Israel, but all this is way over priced in, working on the EPS and looking at the B/S this should around 2.40 this year, based on peridermic shares prices, EPS takes into account all the costs you mentioned already.
As ever the majority are over reacting to short term uncertainly, against a fundamentally strong company that is making record profits and is seriously undervalued.
From what just said ....
Discussions is on going, sticking point is what they are offering so far, discussing is getting more intensive recently and looking favourable. Aim is 10 well development from existing pad in the first half of 2024, which to me means they have to agree the JV very soon to order the kit.
Current production numbers 350,000 with 600m of the 1500m of water / consolidate removed, he believes all the 350 is all coming from the new frack zones 5-6 and the water is coming from the old frack zones 1-4, which will be blocked off again if needed. 350 is not the flow rate yet.
We already know they are very good.
IAG under valued IMHO, being held to ransom by a conservative finial salary pension scheme, that will have to change its position Dec 23. I suspect we will get the start of dividends in 24, and more share buy backs.
I think there is little they can say to make this go lower, completely under valued, they need to focus on Cambay delivery nothing else maters in the short medium term and there will be no long term if they don't deliver!