Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Not financial advice redirons, only my opinion. Which I add has worked for me previously and have made nice gains as opposed to being left bagholding or diluted to oblivion. Good luck on holding for gold with such a low chance of success!
Looking good here, probably a few bumps on the way up as swing traders close out their positions for 20%-30% profits but it seems there remains a very big buyer in the background.
If it was all doom and gloom and the company was going bust/due a crap 2023/raising cash at 20p etc as some doomsayers have postulated, we wouldn’t be seeing new funds buying in. This lot are not short term traders I’m sure!
This fortunes of this company have seemingly played out exactly the same as VRS, quite uncanny similarities between the two really and makes you wonder…
Both ceos on twitter all day every day chatting *******s, talks of unicorns and sunglasses by GB as the future was looking so bright.
Ramps of ‘company making’ China deals which never materialised for both companies
GBs wife / VRS ceo selling shares after podcasts referring to impending commercialisation which never happened. Cruise ships anyone?
Tom Winnifrith ‘leaking’ a fundraise leading to total collapse of the share price in both companies. How can one ‘commentator’ consistently leak sensitive information leading to shareholder value destruction? The same thing happened on RBD too if I recall.
I’m quite sure somebody in this process is making or set to make a lot of money somewhere whilst PIs are sold a dream and robbed by underhand and frankly dishonest behaviour.
The brass neck of certain individuals to then go into complete radio silence! Shameful.
Bargain basement down here. In for a punt
Andrew Austin attempted to buy IOG back in his rockrose days (and failed!). Sitting duck at this market cap with good assets and highly cash generative. The new UK levy means capex for IOG asset development can be off set massively against tax too - which seems a lot more attractive than the likes of potential solidarity contributions being touted in the EU for kists Dutch assets. Given this uncertainty around tax which makes European assets less attractive, and KIST is also net positive in cash equivalents, and given they attempted to buy serica and have an aggressive M&A strategy, IOG must surely have been evaluated as a target. AIMO
Can see KIST coming in for IOG imminently
You’re not wrong there. This stock is going to make a lot of ordinary PIs very wealthy. The gash generation is insane at over €2m profit per day at current prices, and it’s not even winter yet. The time to load up is now.
There’s no point trying to apply normal investment logic to this stock. History has proven it is quite simply a cyclical pump and dump stock as we have seen many times (and brom has confirmed he trades the hype). If you can avoid the regular swathes of dilution, and time entry just right then there’s a few quid to be made during silly/drilling season before the sp normally implodes. I’m quite certain 88E will never, ever produce any meaningful volumes oil from their leases. The likes of Premier Oil were so underwhelmed last time out they literally relinquished their % in Icewine for nothing. Now magical figures come out quoting 80% odd CoS, have to be daft as a brush to believe the jam after so many failed wells. Just play the buy low/sell high game and earn a few pounds - don’t sink ur life savings in chasing the ever dangling carrot… and never stay in for the duster result!
AIMO DYOR