Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Very interesting that there is so much talk around a takeover/sale of hav given the little evidence or business logic to do so. The financials speak for themselves along with the longevity of the project provide strong company foundations with little risk. However, when you add in ESG, particularly supply chain efficiency, sustainability and safety to my knowledge, is no better mine on their books.
Understandably, this will take time to pan out and there is no harm pondering a super lucrative buy out when there is nothing else to talk about but this shouldn't be confused with reality.
Hi Archways, I wish you all the best! You show great strength and courage to speak of your situation. Like James mentions, it's a great reminder to us all of where the priorities lay in life. I look forward very much to your post in a years time hopefully with some goods news from your personal situation!
Just looking through the trades, there were two posted at 11:01 and 11:02 both for 2m shares for 8.15p which is much lower than the buy price at that time. Would that indicate a sale or could that just be mm's moving stock?
Still moving up on low volume. Maybe this 2.3/2.4 resistance won't be so resistant after all.
Pretty straight forward, unless BIDS have reason to believe it is unlikely they will ever see the credit, it will be posted as a sale in 2022 year end. However, if it ever got to the point that the credit is unlikely, it will be posted as bad debt at that time. Given the information in the RNS, year end will not be effected.
I wouldn't go with that due to the volume, it just looks like a low volume breakout to 2.3p.
Bottom confirmed and built up last week on the sentiment drop. Still seems primed for a rebound but it has been struggling for volume. However, looks like a leg up over the next week even prior to news.
Been on the sidelines here for a while. Looks like a good entry for a trade
Always buy uncertainty. Clearly worth a gamble for a few weeks.
Obviously there is still uncertainty in terms of the 5% and future prospects away from haverion. However, every time I hear Shaun speak I'm more reassured we have the right man at the helm. He can't do anything to add more into the ground but I'm 100% sure he will do better than any to ensure we get the best out of it.
Still a medium/long hold but a fantastic foundation being built here imo.
I know this was asked a few weeks ago but it was more numbers based not the impact on the shareholder. If there is a healthy buyout of hav is it common practice to give the shareholders a payout and keep a reserve?
I've been looking into what other companies have done is this situation but it seems very much based on industry and position of the business.
@Zoros - Great post. Although the RNS was missing the criteria, KPI's to develop a business are signs the SMT at GGP understand there is a great deal of value coming to the business. Otherwise why develop criteria based KPI's?
SD's response to Paddy was perfect. On reflection the criteria should have been posted and he will learn from that. Not many people in his position so humble and transparent. I see a man I would love to work for and a company that is growing month on month.
Couldn't agree more, where the SP is now has no bearing on where it will be in 2023 onwards. I've already maxed this years ISA with GGP and have now opened another account accumulating shares ready to be traded into my ISA in April.
I agree but my opinion was the decline in SP is largely linked to hav being noted as huge and feasible early on so the natural dip prior to production was occurring early. As more news adds to this, it won't re-peak but just slow the dip as its inevitable (could be a load of bull as i said im new to mining stocks). It all just seems coiled to me but didn't know how the more experienced are viewing this?
I'm not super clued up on mining stocks but I've been looking through this years RNS's and trying to map out the different projects against the lassonde curve. Haverion looks like its coming to the bottom of the dip with the FS next year for the yet the surrounding parts still speculative. Three very strong speculative plays with awaiting drill results to add to this. Am i being too naive here in thinking the current timings could show significant returns in the next 3-6 months?