Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Five million at 0.67 was a great deal for someone today!
You're quite right rfsh - my mistake.
Going to ride this out I think. Too good a company with major prospects still to dump. THough it would be nice to get some clarity on the Ladbroke's real estate. I'd like to see Kenny dump that sooner rather than later.
This is a bit worrying, two days before ex-div! Small volumes so possibly the Ladbroke's holders getting out. Anyone got any better ideas?
Let's not get carried away here. 'It dropped 11 per cent yesterday'. So what - it rose 20 p.c. in two days a couple of weeks ago. This is a startup penny stock where the 11p c drop was on £6k of trade in two lots. If you're going to get jumpy on that kind of day you shouldn't be in this stock.
Any views on today's results? I thought they were OK to good. Management seems to have got a grip on the ops side. The financials seem improved too although the cash position is a bit squeaky if costs increase and/or run of mine diamond prices don't improve. The gemstones are essentially a free call option. I think we're on the bottom here.
Perhaps there's some extra light at the end of this tunnel. Iron ore prices are close to $70 per tonne. Sable said $50 was uneconomic but that was six months ago. If iron ore prices keep rising perhaps they can sell the mines.
Sorry guys but you're coming at this issue from the wrong angle. It's no good commenting on this stuff after the programme's gone out. Nobody Cares. The Programme Has Gone Out! THe company can huff and puff all it likes but it's too late. Horse Gone. Blame the PR. It's their job to know when this stuff is coming up and get on to it. The Beeb, other channels and big papers love challenger tech stories. Why isn't the PR banging these out?
OK I'm confused. Since Aug 1 this has dropped 200pts. The gaming machine cap has come and gone which will have had an effect but to counteract that we've had more Ladbroke savings announced, the MGM deal and reasonable interims. Meanwhile the cash generative skills of Kenny A continue to impress. Was the market rattled by his 'aggressive expansion' talk? Possible; but if he's doing that on cash and efficient debt then why? What's happening?
He was 49 in 2014 according to the details on the Admission doc.
Who are you communiciating with Monty? PPG directly or their PR front?
PPG also seems to have a bit of a liquidity issue. Down 5 p.c. today on under £7k of trading is hardly the mark of a grown up company with a decent market presence.
But I agree with the general comments about poor comms from the management. But not long till winter when more people's thoughts turn to how to keep the lights on.
Agree. Full year ebitda in 2017 was £150m against this latest half year of £66m. Revenue down 1p.c. Hardly enough to warrant today's sell off. I suspect the concern is the write downs to come. The 8.3 p.c. increase in private treatments is encouraging and with the baby boomer generation now 70+ and wealthy I see this continuing. Probably a good buy at these levels but we might have to wait a year or so to get back. Not sure about the divvi holding up either and it's ony 2p.c.now. Let's see what the II's make of this announcement.
Technically they have up to six months after their year-end. i.e.October. Not sure I can wait that long!
Better! Turnaround point? Downside - higher fuel cost, lower lower diamond price, fewer gemstones. Upside, good operations management, cash up. I'm topping up.
Somebody doesn't agree. Why the drop?
Getting silly now. Don't understand. Who's selling and why?
Anyone know? I've been tracking this as a yield play for a while - waiting trying to see any trends in interest rates. I assumed they were going up and held off this stock.Big mistake! But why the big buys pushing prices up?
SP drifting close to its five year low. No news since end March when new CEO said 'very strong pipeline' on the back of poor first half results. Crypto boat powers on seemingly without us. C'mon Hank, kick some doors in, get your sales team performnig and start earning your �180 grand a year.
Just a blip. I suspect it's a reaction to higher oil prices which if PPG have any exposure to would indeed be cause for worry. Anyone close to PPG know if they've hedged their energy costs at all? Would be surprised if they haven't. Otherwise nothing fundamental's changed. Though I agree newsflow is slow. If I weren't fully loaded I'd be topping up at these levels.
Look good to me. Go Kenny!