Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
The cost saving is on the fact that its difficult to get a rig in these areas, hence you can secure a rig in one to two years after order. Having your own rig you can drill anytime.
Joe is right though about the costs. They are too high but if they decide to make the area look like a Swiss cheese they can do it fast and t a lot lower cost. Waiting for their decision.
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Yana I dont reply normaly to nonsense but I hate populism and sensationalism
Y: I have invested £1000 at 2.9p
Y: Once this hits i am out!
F: Everyone invests whatever they want/can and go in and out based in the personal circumstances. It doesnt add weight to any argument
Y: So far on this board - we have not had one geologist or professional stock broker, finance guru, share expert to say why we should invest or believe anything Helium one has put out.
F: There are several investing websites all giving their opinion and professional advice. Several posters here have shared links so everyone can be informed of the latest information. University of Oxford has done research for more than 10 years in this area. This is the reason both Noble and HE1 are here drilling. There are also independent reports that are made from companies to advice about investments. People have posted links for these here. Read them
Y: No directors have made a purchase.
F: Directors cannot buy and sell whenever they want. They have inside information
Y: No major investment funds have shown any interest.
F: Look at the TR1s in the RNS section under Company Holdings. The major holders are all there showing what number of shares they hold
Y: No big gas companies have declared any interest.
F: We know only what the company has declared. ie there are companies interested. Under the Nomad and LSE regulations they cannot lie. If you know they lie then please give us the evidence. Also if you know then you have inside information which is illegal to mention.
Y: Lorna is a geologist working for helium one - her interpretation could be all fabricated.
F: Lorna is not doing the testing. There is a whole lab on site that specifically brought to do this type of testing by expert staff. She cannot interpret anything as the numbers are coming from the testers on site. Unless you mean that everyone lies including the Nomad. You have Noble and HE1 drilling in the same area. I guess they both lie so well that noone managed to catch their lies
Y:So all we have left is just a lot of hot air and ridiculous predictions and statements about the share opening at 10p, 5p etc
F: If you dont believe them then do not invest. If I dont believe in the Prince that wants to send me all his money then I dont give him the £1000 for shorting the legal fees to send them to me.
Y:The only people who have made a complete racket is the users of this board - many of us who are gamblers of sorts waiting for it to pay off.
F: I really dont understand what you are saying here. Its just words.
Y: I have seen stocks like this many a time before, have unlimited resources (so they say) eg: sirius, caracal etc - they never end well
F: I have seen many people like you before and their advice never end well. Same logic pal. Again because you have seen something before it doesnt mean everything is the same. Have evidence to back it up.
Final thought. Why we wasting time?
...to outline what is the short term actions that we should expect.
Are we going to go after Tai 3?
Are we going alone in this journey?
What would the raise get us in the next few months?
When should we expect the rubber stamp from the discovery?
I think they are deciding and when they have an answer they will update us. I hope for an RNS tomorrow but more likely end of next week.
If anyone has any well founded predictions please share.
GLA
I have to say doing it so quickly it seems to be painless so some small congratulations to Lorna but as a LTH I had 90% dilution and now another 10%. I cannot keep digging into my savings!!
Hope for a blue finish today to cheer me up a little bit!!
Good luck to all
Its normal for a drop to happen after a big rise. Dont forget its still at least a 9x rise. The only problem now is that HE did not announce the next steps other than finding the quickest way to commercialization. This is causing uncertainty.
As we have no news as to what are the actual next steps its normal to slide with time.
Now the quickest way to commercialization is always a buyout from someone that has the money to do it. The question is what is the price they will get?
Musicman it was clear it had a seven in the middle. The second number was switching between 1 and 0.
It funny though I got a sign after I couldn't do anything about the investment. I was already committed!!
Good luck to everyone guys/girls!
Its weird but as a long term holder in this I had a dream last night that discovery was announced and in the end of the RNS it had the number 11711 or 10711. I don't believe in dreams but it will be weird if this number stuck in my mind meant something!! Does this number mean anything to anyone?
All this rise is not because of news imo. Someone wants a big piece of the pie. I remember when HE was oversubscribed for the raise DM said to the rest of the buyers to go and buy shares on the market. Probably he said that to a buyer and he is stoking up now.
The raise of the SP seems to be because of a big buyer rather than anything else. We might see the SP at higher levels before drilling than last time.
What was the percentage that you need to have to report it?
I was deep in Adv too. I had a nice profit but when HE1 increased 30% in one day I risked it and failed massively.
Now I am back to HE1 with 30% less shares.
Note: Dont risk if you to cover a small loss and make a bigger one!
HE1 is solid though. Waiting for the announcement of smalls drills that would take most of the risk away.
Good luck all
If the results were bad why do you need to halt trading?
Does anyone know a case were the results of a drill were bad and the trading was halted??
Since we have no news the only explanation is that a big buyer wanted in yesterday and pulled some others in as they were assuming an event coming. Like in any other sudden raise of the SP today it will drop but will not drop back to sevens any time soon.