Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Incorrect Rocket you won't get the dividend if you buy today, I wish it were true as I just brought some at £49.40.
A good way to remember this for the future is swap the 'X' on 'X DIVI' for 'NO' as in 'NO DIVI'
I think the main & probably only reason to buy here is the possibility of the company being taken over, I say again possibility not probability.
The SP seems to be on a perpetual downward spiral & the reduced dividend is pants, so why else would anyone buy, hence the downward spiral.
It’s always a conundrum R61 as whether to wait for XD to buy or not. If my calculations are correct for every 5K you invest at todays £51 share price your next dividend would roughly be £200. So that’s the gamble for us mere mortals. As I’m a long term holder a single dividend isn’t that important to me so I’m going to wait until after the 7th
Moneybox - "Gary, I've bought RIO below 50 and sold above 60 for several years now".
Thanks to yourself & all others who replied to my query. I never invest in a share unless I am certain that I fully understand the risks etc & only after I have researched thoroughly, this has stood me in good stead over the years.
I'm now a lot more confident in this sector & so look forward to buying here (sub 50 if possible), AAL & possibly GLEN over the next few weeks.
Thanks again all & good luck.
Beware of blatant rappers eh Sushi?
This is no more than a speculative AIM share, any buyer is simply having a punt, a guess as to a future profit, no more, no less.
And the Gutter MUPPET pokes his head up out of the sand to utter more childish garbage.
Be a good boy & go back to your bedsit now Muppet so you can carry on shouting at the traffic out of your window.
For those who say that nothing is going on here quite a bit has been completed or is in the pipeline. Please don’t think I’m bigging up the overpaid BOD (they have the charisma of a 3 week old British Rail sandwich) but stuff has been / is being done … Vantage Towers monetised.
Ghana gone.
Hungary gone.
Voda Egypt transferred to Vodacom.
Spain sold subject to contract.
Italy poss sold subject to contract.
Voda combo with Three agreed subject to review by regulators.
Headcount reduction of 11000 of which one third done. (ADVFN)
I for one hope that a reduction in debt will prevail from asset sales, this would make this company a better bet for a takeover.
A little disappointing so far with the SP only up 0.34% as I type, but nothing surprises me with this share.
At least with a few more quid in the bank VOD's highly paid & amazing board of directors (not) may consider keeping the current dividend i.e. no reduction.
Perish the thought that they would consider a special dividend which may just send the SP shooting towards the heavens.
For those that haven't seen this;
"Housebuilders may have shared information regarding pricing, incentives and sales rates. While it is not named as a primary factor in the under-delivery of new homes, it is still possible that firms are found to have broken the law, and fines may be levied as a result.
It is difficult to judge the probability of this outcome. While the property market does not have a reputation for arch-secrecy, it’s also unlikely that a series of “smoking gun” emails will be found in senior executives’ email accounts. How strong a conclusion the investigation comes to, and what the impact on the housebuilding firms will be, remains to be seen."
None of this is good news & it will undoubtedly subdue the SP for some time.
Gutter Muppet, there isn't a person on Gods earth who is interested in anything you have to say, ever.
However, please keep posting here with your childish muppet mis-spelling, at least you think it's entertaining.
Sorry I should have added my reasons for optimism here.
A company who invests for future growth ($6.9bn purchase of Elk VR) & makes the difficult decision to cut dividends to pay down debt is in my opinion acting prudently & with the long term benefit of the company in mind.
The BOD's current plan is to bring debt down post EVR acquisition & then look to de-merging the entire coal portfolio, this will be a cash cow scenario folks.
Reduce debt, good thinking, just look at companies like VOD who keep on paying massive dividends they can't afford.
GLEN & other miners are it is plain to see acting with the future in mind, very important in my book.
By over-allocating capital to areas like copper & aluminium they look to take advantage of the impending "energy transition". As we know these are integral to building things like solar panels, electric cars & renewable power generation & the biggest scope for price rises are as the energy transition picks up pace.
I see that Tipranks are also reporting on these rumours, so who are they?.
Mr Google says they are financial experts, using Wall Street analysts, financial bloggers, hedge funds and corporate insiders.
Anything that gets this SP moving up can't be bad, as sure as eggs are eggs the current highly paid BOD (who we all know favour nepotism above talent) won't do it.
Fellow posters, it's great to have serious debate & let's not forget we are all entitled to our opinions, after all these are just opinion boards.
Can money be made from miners? Of course it can, patience is required as with all stocks & a drink with Captain Hindsight does help as the LSE sage that is Strictlybricks often says.
I recall asking my broker about BHP when it was in the 520's some years ago pre covid, he advised against it & I remember his words being "They are out of favour with the market". I chose to buy however & to sell with a 90% profit less than a couple of years later & just look where they are now, plus some good dividends will have been paid in the years following.
Can money be made from the Glencore SP? Just look at the performance charts on the popular broker sites, say over a ten year period & you'll have the answer, a resounding Yes. It's just that miners are out of favour at the moment.
In my opinion big miners & housebuilders are where it's at currently but again I say patience is required. I for one am happy to put my hard earned where my mouth is, I will be buying both soon
Good luck all & keep posting opinions but not insults when others offer differing thoughts please.
I am grateful for the replies to my questions of Feb 10th, very interesting & enlightening.
I had a little fortunate dabble last week buying a few AAL but got cold feet so sold & made a little profit of a few hundred pounds, lucky timing on this occasion.
I have considered buying a fund in this sector but as 'Fromage' says they aren't much fun.
I think that I will wait until the upcoming results have been declared before making any purchases, it looks like dividends will be cut across the board so I'll be monitoring share prices accordingly.
Again many thanks & good luck to everyone.
As the end of the financial year approaches my 20K cash needs to find it's way into my AJBell ISA for investment.
I am of an age where I invest for dividends to supplement pensions, share price fluctuations are less of a concern.
I own a fair amount of stocks already but am light in the banking sector & am thinking of 10K each in two of either BARC, LLOY, NWG or HSBC.
As such I would be grateful for any polite, helpful comments from those more experienced than I & am favouring BARC above the other 3. I fear LLOY may get clobbered in the car finance debacle about to gain momentum.
Thanks all & good luck.