Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Whoever purchased nearly £274,000 worth is going to be p*******d
The next TU is probably the most important in CPX's history. AK has promised much over the years but has delivered very little to increase value. I am not saying we are not in a good place. However we need real figures to support the brokers forecast to show us that the company is heading in the right direction and will meet those projections. Comments about a lot of enquiries and sales are up 100% with no figures will be a jam tomorrow TU which the market will review as poor . CPX has been around a long time now and unless AK delivers then I fear CPX will fall into the :what might have been: No amount of contract news will assist without hard figures . Thus the next TU is very important to us all.
I concur we now need hard facts and figures from AK not just CPX brokers forecasts within the next 6 months or this share will just drift away. As a LTH there have been to many promises not delivered . We are in a good place but need the figures for the market to justify any further real investment.
The big difference I can see is that this is before a Judge. At an employment tribunal the matter is settled by a judge. All mediations I have been involved in in the UK have been with a mediator and have proved pretty useless with settlement days before the Court case. IMO if both sides do not act in good faith to resolve the dispute the Judge may take account of this if the matter proceeds to Court dependant on the evidence presented . I may be wrong but I have never heard of a Judge in the UK dealing with a mediation.
https://aim-watch.com/project/price-monitoring-extensions-explained
I am at a loss as to why the SP is rising. Happy it is though. Pent up demand /expectation or just belief. Take your choice but may it continue.
Funny despite what the future potential gain is here, if they received a 20p offer per share the II's and PI's would take the money and run (I include myself) which in a few years time may look cheap.
Not a bad RNS but suspect we will have to wait until April 2021 to see some more figures which may shift the SP upwards. I do not think we will hit 10p by Christmas and the SP will float around 4p until next year.
You may we’ll be right and I hope you are but we need hard facts and figures to push the SP higher not a lot of the futures bright the future the future the future! Seen CPX promise and fail too many times Evidence is needed now not the bloody future
I know it's near Christmas but unfortunately you may have had one too many eggnogs
I know it's near Christmas but unfortunately you may have had one too many eggnogs
I concur AK is waiting for something else to boost the figures otherwise I fear another Jam tomorrow RNS
Several posters have commented upon the next RNS requiring some hard facts and figures. I agree. If AK produces another jam tomorrow type one then the SP will start to drift downwards. The SP is hovering just above 5p. The ball is in his court. If we do receive a decent RNS then 10p before Christmas is achievable . The market will punish any delays or just wording that says orders soon or received a lot of interest, which means nothing. Fingers crossed that for once we will receive an RNS which is not about expectations .
Interesting comments from many parties. It does make me smile.
I concur that the SP will drift with no news but that is one of my points. AK has promised that CPX will be manufacturing their own products and that will change their fortunes and hopefully ours as well. I hope he is right and it does come to fruition. However we have no hard evidence of revenue/sales/cash etc. Remember the infamous RNS, Licenses soon! People went hurray . Sadly silence followed just like truckstart. Someone asked about when AK promised jam . Too often over the years, just read the RNS list since 2012. I bet everyone on this board and outside wishes they had got out when the SP spiked to 18p a few years ago. I know I do but believed CPX was going somewhere. Well it was ,all the way down to 3p. We all know communication is rubbish and the PI's are just left in the dark as I suspect the II's are as well. The parties who bought in at 8p must want to string AK up. Now I want CPX to succeed and get my money back but putting the legal case to one side (do not bank on it) , the manufacturing deal is CPX's last roll of the dice. If they do not succeed then we will be lucky to be 2p. I do hope not. Yes I am fed up with AK. Do I believe he should be replaced , yes. He has led us all a merry dance and to date not delivered anything worthwhile in terms of hard monetary income to make this Company profitable and he has had long enough at the helm. I still believe that if this was a UK based Company the AGM would be a bloodbath. So am I p*****d off , have a guess. Will I still hold , for obvious reasons yes. Am I very concerned about their future under AK , yes . I want AK to prove me wrong but his history does not fill me with confidence.
As I expected the SP is slowly slipping down. This was why I did not buy into the mini spike. To those that did good luck. AK has promised lots of jam but has yet to deliver . I am not saying that CPX's position is not promising but until we receive hard facts about revenue, cash and any deals, the SP will continue to drift. No amount of ; we are up 300% in sales or Maxwell have offered £100m to settle will shift the SP skyways until the real money lands. I suspect the market simply does not believe AK anymore and await hard evidence. Do not bank on a Maxwell settlement any time soon. We just do not know what is going on. Yes they could settle but it is more likely that Maxwell will drag the Court process out for many years. Anyone who has been involved in litigation (I have ) will tell you there are always grey areas.
Should have added LTH and have seen so many false days when the supposed sales and licenses were about to transform CPX Not buying as I hold a fair few as AK has too often promised and not delivered
If I remember correctly and please correct me if I am wrong,the court case by jury is scheduled for November. If negotiate are ongoing and to be honest we only have hearsay then a settlement is likely prior to the November hearing. CPX have brought on board a specialist in patent negotiations/ damages which may give credence to negotiations being ongoing. However we have no hard evidence so it could just be rumour. Also CPX is bound ; to give a trading update in September? Hopefully for once we will have some hard facts about sales and revenue not just the jam tomorrow RNS We will see
I am going to be more of a grumpy old man in future as I am going to take the full credit of ****ging AK and CPX off and then the SP rises. Lets hope it continues
CPX just keeps dropping. I am afraid AK is the one to blame. The market is fed up with the jam tomorrow promises , which have never been delivered upon. Until he delivers real money/cash in the bank etc in respect of the Murata deal ,the SP will just drift. It really is the last chance saloon as legal proceedings against Maxwell will drag on for years and unless CPX has real money in the bank they will be bled dry by the bigger company and lets face it the licenses deliver B*****R all money. There is some really good guys on here whose research is excellent but it all boils down to sales /sales /sales and we only have the Murata deal left to send the SP higher.
Thank you
Afternoon Trading
had a look at your research. Only one question . Does CPX supply the capacities as I cannot see their name mentioned?