Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Robs12 thanks for update. Production year on year is down, but the rate of decline has been reduced by LDS coming on stream. It looks like the Geesberg production enhancements are also bearing fruit. When you look at Q1 production reduction YOY compared to Q3 YOY, this has improved, it has not eliminated the decline in Diever or the loss of Brakel production but has helped mitigate significantly. Another few months of production figures will confirm this trend.
So the carrying value of intangibles and equipment is now worth less than £0.3m disgraceful!
Sotb as a LTH in PMG I can express a view, you may not like it but tell me why I cannot express it without being denigrated!
Robs we did get a wee bit info re the gas developments but not earth shattering! We will need to wait and see what the new gas production is. I still live in hope it will be a significant boost to offset decline in main production field! Gamma was a surprise for me albeit small as had missed this previously! We could do with a pleasant surprise in the near term to support the SP as most of what was discussed is at least a couple of years off before additional revenue streams happen. The results were not to bad and had been forecast.
"LDS-01 was recently brought back onstream." IN RNS.
"The value of the global food allergy and sensitivity industry is expected to hit a whopping $24.8 billion US by 2020. And with food sensitivity tests specifically ranging in cost from more than $100 to nearly $400, companies are cashing in on the craze."
Dr. Douglas Mack, a pediatric allergy, asthma and immunology specialist, argues the results of an IgG test are an indication that you had exposure to the foods — not an intolerance of them.
IgG tests measure levels of an antibody known as Immunoglobulin G — or IgG, for short.
"It should be used to track whether a patient actually is developing tolerance, not intolerance," he said.
https://www.cbc.ca/news/health/food-sensitivity-intolerance-tests-blood-marketplace-1.4886592
Did anyone see the RNS 11.28 yesterday? Reason I ask is it looks like the rival potential bidder opened up a short albeit a small one! Have I misunderstood this or not?
SKY say the above may put in offer! May explain large trades today!
The show may not over yet, one of the main activists seems to have opened a short (13.09) whilst others are going long, some reducing positions!
I wonder what Oasis will do now as their prize is getting taken away, will the counter or take money and go!
MRC agree that for Skerrymore that maybe the case but before that "The focus of the Board's acquisition criteria is to seek to add value to shareholders through revenue generation and through the utilisation of Parkmead's significant UK tax losses.". If this strategy works then raising funds will become easier if and when required. Time will tell if TC can pull the rabbit out of the hat or not!
The current MC of £14.5m does not reflect the underlying value of the producing gas and renewables revenues or their asset values, add cash in hand of circa £9m . The November results will hopefully provide a re-rate to reflect the true value of the producing assets at least. How much above that will require some positive news on proposed developments, otherwise due to sentiment for this share I cannot see more than mid 20's for sometime to come!
The drop in SP yesterday explained today by 60k in shares being sold shown today. TST still have a buyback budget left makes you wonder why they did not buy the 60k shares!
I do get the feeling that there is some manipulation going on with this share at times. Relatively small volumes of sells greater than buys seems to have big downward impact on SP, yet when reversed rises are small! Maybe I am getting paranoid! Passed a waga tonight and it was busy, not full, but a lot better than the others for a Tuesday night!
Sector sentiment maybe changing, the MAB update yesterday was fairly positive, inflation falling and interest rates maybe at peak or close to. If no more major macro shocks next year could be good for SP I live in hope!
Even with limited LDS 01 figures this production is starting to offset Dreiver reducing production levels. The next few months will be more indicative of the actual flow rate from LDS 01 and what can be expected going forward. The July figure is a part month, it is just a question of how small or big the part month is!
Confirmation that Barburrito is excluded from sale is good. The leisure division had a positive EBITDA in H1 last year of £5.1m so the FY £65m loss was primarily related to impairments and exceptionals last year. Looks like Big table got a good deal from RTN but agree given current trading best to get rid of these leisure sites so at least from 2024 onwards we will not get continual write downs associated with he leisure division as we have had for a number of years. Full year accounts will be interesting!
No mention of Barburitto so presuming it is excluded from the sale? I hope so, as they only got it last year!
Captain whilst ODX have never made a profit the H&N division has been profitable in the past and maybe again, the interim's will tell us if they are once again. Historically losses were associated with the Global health division primarily.
Captain agree with your guess that he has another offer, it is a tight labour market. The sinking ship line is what I do not buy into quite yet! Time will tell.