Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Excellent scientific and financial analysis SOG. We are back in the race again despite the mugging along the way. Its been a bare knukle ride and we have survived it. I think that the scientific expertise shared on this board by you and some others has helped greatly to give the confidence needed to stay invested in this company.
I would expect that this is the beginning of the rerate rather than the beginning of the end with plenty more news to come. On thing is certain and that there is never certainty, but the omens are positive.
We have been through the mill on this and I believe the trap door was being prepared. I think the forces of darkness thought that with the sp on the floor and funding withdrawn, probably as planned, that SAR would fail. Perhaps a share price of aprox 2p was being prepared for the investors on a take it or leave it basis, after which the company would go private and be set up, after the completion of P1a, to be flogged at a massive markup to a pharma.
We deserve to be informed by the BOD who it was who suggested RF and who knew their form. It must have been well known as Puma was telling us all about how it would pan out. Without shareholder participation it is unclear whether we could have survived.
We need to know for the simple reason that how can we be sure thatsuch a scenario won't be hoisted on us again in the future.
Issues like consolidation were imposed on us with no regard for the views of the owners of this company, the shareholders.
I believe that the BOD, while negligent, they did shape up when heel come to shove in organising the recent funding arrangement.
Welcome back SOG and really appreciate giving me the recognition. It was immediately picked up by you and others and importantly Billy Bunter who contacted the company and you rightly mention those who visited the company.You are a shining light on this board SOG. As they say, it's a
long road that has no turning'. This board has been tremendous. Onwards and upwards.
Like your post jazz manner. There are a number of potential breakthroughs for Sareum owing down the tracks on 1801 that should validate the science further. Positive 737 news also hopefully on the way. I firmly believe that the SHs here are fully committed to finding solutions to the Co.pany finances to ensure that progress. I think we are feeling down and that frustration may be I.pa ting on the SP. Ther is a view from Ted Crilly and others that RF are rapidly ridding themselves of their additional shares by forward selling. On very little selling g the SP hS been taken down y 11%. Millions of shares were bought o er the past week. Let's see the bright side of life as the say as we await the news on 1801 patent, 1801 p1 final results, 737 news, partnership or licencing and in the knowledge that we are prepared to step into the brech again. Onwards and upwards for our battered but not broken holders.
The question is could the BOD have raised more to pay off RF. If the answer is yes, then why did they not. A possible next question is is there anything we the shareholders, can do to change course. The next question would calling an EGM be helpful in getting a change of direction.
Peel Hunt have a report out today that the London Stock Exchange, including AIM could be stripped of small companies by 2028 as large well resourced companies prey on smaller weaker less resourced companies.
Would suggest that Peel Hunt look themselves in the mirror.
Agree Num4 and sog. P1 data is key and, if what we anticipate it to be should be, trumpeted from the highest mountain. The shareholders on here stood up and and showed courge and loyalty. The company must now reward that loyalty by massively improving their communication to shareholders and to the wider public. I myself bought some shares on the open market this morning as the offer only applied to UK residents. MHRA, PH, RF. You couldn't make it up. We have been through the wringer on this, it looks like the tide has turned just in time for all genuine holders.
Me thinks the 300,000 wrap retail offer is in response to us on here offering that amount initially to get them over the immediate hurdle with funding. Unfortunately for me it appears that the offer is for UK residence investors only, from what I read. As an alien from the Republic of Ireland, looks like I'm excluded. Will be buying more regardless this afternoon or Tuesday. The RF funding was a scandal unfortunately by those who should have known better.
Excellent research and analysis SOG and HbD. Imagine if we are superior to Deucravacitinib, as illustrated in your post SOG. Agree Hbd, funding should not be an issue. Agree also that BMS would not like to be outflanked by a superior molecule. Well if they want to protect their product they would be obliged to licence 1801 from SAR or go for a buyout. There are other large pharma that may also want a bite at the hugely lucrative market in psoriasis and probably other conditions.
You would wonder in relation to the high number of knockers currently on this BB and ADVEN has been almost totally taken over, save for critical thinker,who used to be on here as steadydanny.
Hope sincerely that anyone on the BOD or the funders have been got at and that we'll have excellent Pa1 results, as anticipated and a satisfactory funding arrangement quickly. Reme.ber the present shareholders are prepared to step up and fund the 300,000 if necessary to get this over the line. The potential is massive, our mplecule potentially best in class, current share price a joke.
Looking at the recent buy and sells the pattern seems to be more buys than sells until RF comes in after hours. Personally I have been buying in small amounts over the last few weeks. Have accumulated 10,000 or so in that time and it's bringing my average down a bit. The way I see it, 1801 is going to plan and 1802 will benefit from what I believe will be good news for 1801. There was a move here for shareholders to at least fund P1a to the tune of 300,000. The BOD have an alternative an via a placing that will be open to shareholders, if necessary. With good results for 1801 and a proper funding scenario, this should recover. And yes Reality 10, not having a Friday afterhours rns is helpful.
Looks like another RF sl afterhours, appears to be a pattern. Could mean that they will be close to selling the remainder of their 1.5 million shares by the end of next week, or soon thereafter should the pattern continue. That would be a relief.
Hope you have an enjoyable and informative day.
If any of BOD read this bb it'll be intriguing how they react and respond.
Good PCS that you are in communication with other sar investors who do not message here and that there is proactive communication in relation to finance, even if the BOD are not giving anything away. The stakes could hardly be higher. Good luck all.