Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Can anybody smell something burning?
Hi Jan, good to see you back and hope all is well.
You are spot on about our current resident troll, soon disappear and wind up some other unfortunate folks. Seems like a village somewhere is missing one of its key residents!.
All the best.
Krakenoil, don’t worry, you will be meeting up with your pal in the cage.
Filtered
There were posts during the week that seemed to suggest that IFRS 16 had lowered the debt to EBITDA ratio, but recognising assets and operational lease obligations on the balance sheet would also increase the level of net debt, wouldn’t it ?, so the increase in EBITDA and debt due to IFRS16 could cancel each other out? (no accountant so don’t know - sure some will know and correct me if wrong!).
very true.........but folks always seem to keep feeding them, just filter and ignore, they soon crawl back to their stones.
Think I need to make the old sign outside my cage a bit bigger......”Please do not feed the trolls....by order of the management”.
Thanks
You have posted nothing but negatives..........so TLW and PMO have no debt?, are generating more fcf? and deserve to have a higher rating and sp?.
My guess is you don't hold here as have already clearly stated your intent, Bye.
All the best for tomorrow to all holders.
DD
ps a teachable spirit and a humbleness to admit your ignorance or your mistakes will save you a lot of pain and money!
Ditto
+ spindok for laughs
Why should the market take any notice of Cairn CEO who clearly doesn’t know his arse from his elbow as far as K is concerned.
IMO this will move rapidly when it’s official, that K is 50k+ and debt is reducing, AB knows that and is doing what I wish I could do..........back up the truck!.
Anybody lend me say £50k?.
DD
Ps sorry duplicate post, new site just as crap as old one!
Hi members,
Only three questions:
1 Please support with some factual data analysis why 15p
2 Since when was Zacks a registered broker?, they are a research company nothing more.
3 What’s your position here?, think I can guess but one should not make hasty assumptions!
All, the best, oh, sorry one more, what current problems with K?
DD
Hi members,
Only three questions:
1 Please support with some factual data analysis why 15p
2 Since when was Zacks a registered broker?, they are a research company nothing more.
3 What’s your position here?, think I can guess but one should not make hasty assumptions!
All, the best, oh, sorry one more, what current problems with K?
DD
Somebody said no share buyback for a few years, think AB has other plans and is doing a buyback by the amount of shares he keeps picking up. Reckon it must be about £1.6m so far just this calendar year.
He is no fool.
DD
Be good to get an operational update, particularly on K prod, sometime soon before H1 early Sept. Sentiment for ENQ has to change at some point and value come to the fore..........just taking a lot longer than I had hoped!.
DD
The spike up yesterday was due to Richard Bernstein from Crystal Amber tweeting:
"Keeping a close eye on the Go Compare share price: a 6% jump in the last few mins of trading yesterday. Last year, GoGo rejected a takeover approach , following the previous rejection of Zoopla's 110p bid. With global interest rates tumbling, PE must be re-running the numbers."
Being manipulated IMO.
DD
By my calcs I reckon AB has bought about £1.2m so far in 2019, some vote of confidence.
Londoner - welcome, some impressive analysis, over my head tbh, just do back of fag packet calcs.
Onwards and upwards.
Thanks Pelle and E121 for feedback on Debt/EBITDA.
My $800m EBITDA May be conservative but I don’t have the detailed understanding you guys have so only a back of fag packet calculation. They do have $100m to pay off in October so have allowed for that as well as taking onboard 23% uplift in production.
E121 - Happy debt seems to be around $1.4bn-$1.5bn, what’s your view on EBITDA ?
Thanks
DD
Thank you E and romaron for feeding back here, all sounds positive to me.
On the subject of net debt/EBITDA for yr end, is $1.4bn realistic for net debt and $800m EBITDA (only done very quick calcs), which gives a ratio of 1.8x.
Thanks again chaps and for anybody else that went.
DD
Ended today virtually where we started at the beginning of the week, stating the obvious but today was poo driven (PMO dropped 13.6%) so update was taken positively IMO........just think how much it could have dropped if it was perceived as poor.
KO - know you have a lot here but IMO the update was very positive, think many got carried away by AB’s buying and the ramp up in sp, but at least we know now and value will come eventually, can’t do anything if poo doesn’t play ball.
DD