Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
How likely is it that MTC get taken over in the next few months? Rumours aside, this brand surely has some international potential, no presence in South America, Africa, not sure what is the potential in China?.. Needs to offload pension and get some cash injection?.. a bid of what could secure a deal?.. 30p??
Don’t waste your energy getting worried about what I do, a bought in early March (just a small cash amount less than 10k over a couple of tranches) with a view ombré may be helpful, and at the time economy looking good, how wrong was I, CoVid put pay to any optimism and any recovery going to be longer than expected. It was sheer folly to jump back in at all
Sadly and with a heavy heart, and after years of investing and hoping the odds are clearly stacked against this oil coming to the surface. No point trying to push water up hill. If there is news next year fine, my view is to take losses and move on. The markets are at a low point so I am sure I will recoup my RKH losses from share that have more potential. Sold almost all my holding yesterday, have a mere £2k left.
Hopefully this proves once and for all that Nigoil and the like are charlatans that know nothing. This is what it’s always been, a high risk binary play, if you have spare cash fine. The facts remain that the oil is there, but everything else is still TBC, from funding, farm in and FID, this could be a multi bagger, and could go to 3p.. no one knows at this stage. I am watching now from the sidelines, but for sure don’t believe the rampers.. those who claim to know, know nothing..
Wish you well.. true or so many... took a deep breath and pressed sell earlier this week.. oh and 7.02 and no RNS .... someone caught the swallow before it arrived... or it was never coming... best wishes all.. out.
Godders you are so right.. Nigoil knows nothing and couldn’t even be bothered to go to AGM. Facts are, 1) Board has missed there own self imposed deadlines repeatedly... 2) sentiment from government re fossil fuels has moved in negative direction, 3) OM (as was indicated at AGM) after all costs and fees is £50-70M.. and no certainty re actual payments regardless of rulings, There are still many positives re SL, if UKEF was a clear NO I am sure that would have been made by now, and that we have a (potential) farm in is also positive. This is a real gamble and one clear fact is that regardless of all the noise there is no appetite for RKH shares.. as proven by the price...
Thought someone posted there would be good news or the likes for us on the 14th.. Friday... clearly the market doesn’t think so.. and if not at least we can all see who knows something v who think they know things.. and in reality are just full of nonsense. Await facts from the company.. not bar stool chat.. company has a v v poor track record of sticking to self imposed deadlines..
First swallows usually seen end of March.. no reason why this can’t be true here too.. UKEF, OM etc poss all being sorted by end of Feb.. FID by end of March... as no certainty the SP falls.. no reason why it cant go back to 16p... but by end of March I have a feeling... no way on earth Sam can go to a June AGM without it sorted.. either that or his resignation.. after all he publicly promised some news.. 2 months... in the scheme of things it’s nothing!.. as proven this is a binary share.. firm facts to the positive it will rise... no news and rumour it falls...