Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Sadly I don't see a good outlook for the SP. Actually went to the cinema last night and had a great time- so sad to see the decline here. Reluctantly sold out this week at a considerable loss. Not sure who would take over a business with a potentially disastrous court case on the horizon? Because of the volatility of this share over the last couple of years there'll be a lot of holders who came in at a relatively high SP hoping for a recovery but finding themselves with potentially 10-15% of their holding left. Do you hold and hope or cash in and move on? Each to their own- neither are great options as I can't see Cine ever being 40+ post dilution.... provided it survives. Those buying in at the low price could do okay long term but the road will be very rocky so a big pair needed to hold in any volume. Good luck on whatever option you take. Just be careful as this is far from over. Not wanting to sound negative- just be careful here.
Threw in the towel today after holding for a couple of years. Good luck to those choosing to hold on and see it through. Hopefully you'll see some sort of bounce but very rocky road ahead. Never easy to lose money- never easy to see others lose either. To all those celebrating today- shame on you!
Agree- covid market is saturated with poor tests but they're cheap which is what the market wants. Suspect they will continue to work on it in the background and take the learnings with a view to producing more robust lfts for the future. Disappointing that the test was pulled due to a third party antibody so if we can get a better solution to that we might be able to salvage something for the future. Agree we won't see a commercialised test. Just my opinion.
Spot on Mr R. The fact is that for all the theories, predictions, join the dots, we're all going to be millionaires (although it might not work and we'll be broke) comments the fact is we're all guessing. Yes it does look promising and if there had been any serious issues the trial would have been stopped. Like many I get frustrated by the ultra rampers who quite frankly do nothing but undermine credibility in the share. I think we also need to be conscious of what success looks like. Yes it might be the holy grail in chemotherapy but equally it might only produce a slightly better side effect profile than std dox . This would still be great for those unfortunate enough to need treatment but from a share perspective might not be the earth shattering event the rampers would have us believe. For now all we can do is wait until we have the RNS- as painful as that can be. GLA!!
Agree with you there Timster. I think it's a case of get it back on the market to restore confidence as opposed to expecting significant revenue. With lots more tests in the pipeline you don't want to be carrying baggage that says our first test failed. All a good learning experience- if very painful!
Loooong way to go before I break even but know it's gonna come! Looking forward to when we break ATH so all holders will be in profit- we all deserve that after the last 12-18 months. Onwards and upwards- GLA!!!
Well done to those buying at this level. Wish I was in a position to as well! Average over £2.... at least I'm enjoying my massive "loss" starting to drop.... Long way to go but still very confident. Onwards and upwards!!
Our CEO manged to buy at the right time... wink wink nod nod
Great move and in line with strategy. Very good value at this price but agree some clarity on Russia will settle the market.
Soon going to cost me more to sell these than they're actually worth! Sheer incompetence. Need to remove the BOD so they never get the opportunity to ruin anyone elses life.
The timing of the release of this RNS and the placing is very suspect. Suspect they've buried the news until now. Completely untrustworthy.