Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Redbeard, spot on. Amazing how the board depresses the sp before a potentially game changer of a drill. Will need good money in the bank just in case the drill fails. The soon incoming capital raise will again be done at a very low level, around .0025p. Great work board.
Not many shareholders bought their alloted allocation. If this cash raise fails the sp will collapse and 88e could cease to exist? Maybe money for one drill, and if it fails, it's the end. Let's hope the oil gushes.
With 88e all guesses have some merit!! Market cap of £72mill, so 1p will give a valuation of approx £200 mill. A very successful flow test could see this spike passed that. With the crazy hype of three years ago, I sold in blocks. I will do the same this time.
Rediron, these days he copy's and pastes relevant facts, but I would say his first twenty thousand posts went from subtle to blatant ramping. He was sold a dream by Wall and believed in it, not realising just how hard it is to get oil out of the ground, especially miles from the nearest pipeline. I'm sure he's a good fella, but maybe the AIM market is not for him.