Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
@Spacman said…"TFG have negative control"
Could you explain what you mean by this please?
MMs only lowering the price because they’ve seen sellers.
I have not got my hopes up.
I would be absolutely astonished if shareholders get anything out of this.
How can the MMs "keep this stock off radar for many in retail"?
MMs can’t keep a lid on the SP if there are more buyers than sellers.
Correct what?
If Peel have just put 365k on the book it’s not in their interest to smack the price any more than they need to to get off the bid
They seem to be stressing "on schedule" rather than "on schedule and on budget" so I wonder if they’ve gone over a bit. Hints of struggling to find staff, maybe had to pay up. Still "targeting" on schedule and on budget though. It would be an extremely impressive performance if they could stay on budget given the inflationary environment, and some slippage seems to me to be already priced in. Maybe I’m just being too glass half empty.
Not too long to go now.
Actually, not even demonstrably false, because there are so many ways of "interpreting" charts that nobody knows which story they are telling. It’s just drivel.
"The charts …….never lie"
Demonstrably false.
@Contrarian said "All it takes is one piece of news or some other negative sentiment. You saw that with the bank runs in the US."
Are you aware of the important differences between a mine and a bank?
"The lack of comms is shocking"
It's not the lack of comms that's shocking
It's the lack of progress
Market makers don’t usually do that kind of thing. Normally they just react to the business that they see.
Companies very rarely (never?) announce things like fund raises at the AGM.
They have told us what the plan is.
It’s a bit vague though.
And it doesn’t seem to be working.
"There's not enough money going to labour to pay all the rents, I'm afraid."
Ain’t that the truth.
I don't see why low turnover means it's a shambles
That’s listed under "Experience". It’s stuff he’s done in the past.
"I expect to hear of progress made then and a clear path forward at the AGM."
Are significant announcements often made at AGMs?
If the situation has changed before the AGM we’ll get an RNS. If it hasn’t , we’ll get the same vague platitudes at the AGM that we’ve been getting for the last year.
Personally I wouldn’t expect anything significant from the AGM
Not sure if that tells us much