Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
The only thing significant about the 25th was that it was the deadline for the construction tender results to be returned. I imagine we'll hear about those in the next few weeks. As far as I'm aware there is no set date for any offtake agreement apart from rampers on Twitter starting rumours.
This was regarding Nickel_Investor's post obviously.
"Our application route is highly dependent on the outcome of the current BREXIT negotiations"
This is the most obvious deramp attempt I've ever seen. You've purposefully taken a small amount of text from a larger body to make it look like the RNS highlights this as an issue.
Correct. No news, no sustained rise. It's as simple as that.
I think that theres large buys in almost every share, every day and this doesn't mean anything because the SP is falling and I'm worried about the protestors/parliament members putting off investors in the project.
Yea I agree Snowman. That might be a driver for someone to invest. I just didn't agree with the "I can’t see why you would possibly want to sell" based on the company having a positive outlook of itself. I'm a holder of INFA for clarity. It's my biggest holding so 11p would do me just nicely. Cheers Chris
I'd understand this statement if a broker who's neutral made the valuation. This is the company itself though. They're not going to predict anything bad are they? So maybe someone selling is doing so because they dont buy into the companies self valuation. I certainly wouldn't hold onto a share because a Co tells me it's going to do well. Of course they're going to sell me the dream. They want me to invest. Cheers Chris
I have no business making this kind of investment? Me and anyone else are free to do with their money what they like. If they want to invest in a company knowing nothing about it then that's their business.
I'm was well aware of the cash burn before this RNS came out. I'm not throwing the baby out with the bath water. I know long termTLOU should come good. In my opinion, though, anything that causes the SP to fall is bad because the lower the base when good news lands, the lower the limit it's likely to rise to is.
I'd be made up to see a raise at a premium but I just don't see it. People predict premium places all the time for loads of companies but in reality, they rarely happen. When was the last premium placing you can remember?
Anyone who has done some basic research wouldn't claim a bad RNS drove the SP upwards when he knew full well the rise came before the RNS was released. I'm still happy with TLOU long term but that RNS can be in no way considered good.
Why would anyone buy into a company that has just announced they're running out of money BUT MIGHT have someone coming in with some cash as a debt facility. Or they have to raise cash. They haven't raised at a premium before when sentiment was very high (17p SP) so I can't see that happening now. That means a hit to the SP most likely. Forgetting all of this. You know when the RNS came out in Aus but you're playing dumb because it doesn't suit your agenda of only wanting people to focus on the positives. It was released at 9am on the 6th of Feb in Aus. That's 10pm over here on the 5th. AFTER the rise in the day of the 5th. I've got a good chunk of money in TLOU so I really hope the RFP comes off. However, if someone does ever come on this board for some advice about possibly investing here, I'd rather them see a more realistic view. Not people making out that being forced to release an RNS where they have answered questions about them possibly not having enough money ro continue to operate because the ASX rules say so, is a good thing.
They released it late here in the UK so it would go under the radar and hopefully be missed by some people. I can't see any other reason. They had the information already as it had gone out on ASX. Downtoearth. That's not true about the info driving yesterdays rise. It only went out late last night in Aus, after the rise. The UK RNS drove today's slide I'd say.
Everyone talks like the RFP is nailed on. They have since we first submitted early last year and haven't changed since then. I don't think it is going to happen. I just don't buy that there's not some corruption going on in the bots government and a brown envelope will mean we don't get it, even if we have the most advanced CBM offering.
I'm staying in TLOU as I'm in for the long term where I think they will find another buyer for their electricity. I just hope that when the RFP falls through the SP doesn't fall too far.
The comments above are just my personal opinion.
Cheers
Chris
Hi Earls,
It's not my opinion. I've directly quoted from the TLOU interview.
I haven't seen it stated anywhere that there was an ambiguity in the submission requirements. Only TLOU saying the delay was caused by them asking a question. Where are you getting this information about ambiguity?
Cheers
Chris
I never said they requested the extension. Just that they caused it and never mentioned this in the RFP delay RNS. I was answering this
How do you know it was not the other company tendering, that requested the extension?
Cheers
Chris