Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Against my better judgement I have taken a big punt. Hoping that Wat Tyler and the revolting peasants get behind it, but it is pure speculation.
Great post and makes sense, I was burnt here and all this nonsense of a stock being great value just because it is cheap is nonsense. There is no consensus on the board, no plans and no strategy. It reminds me of my very large erosion of cash with Oxford Pharmaceuticals.
Has anyone else noticed how often with AIM stocks HL buy and sell seem out of kilter. trying to buy these and they are 28?
Since the start of the pandemic, it has slashed operating costs to reduce cash burn, cancelled dividend payments and scaled back capital expenditure plans. It also conducted a rights issue in October 2020 that raised £2.4bn. This will have boosted a cash position that stood at £4.4bn at the end of the third quarter. When borrowing facilities are included, the company had total liquidity of £8.2bn at the end of October 2020.
The company’s financial prospects may be further improved by its market position. It owns a variety of brands that operate in short-haul and long-haul markets. This may allow it to share costs between its operations to become more efficient compared with sector peers. Its diverse customer base may also equate to greater growth opportunities versus airlines that focus on one group or a narrower price point.
Huge *million buy at 1635, the institutions are buying this and it is value at its current price.
Come on this is going to easily hit 200 over the next few weeks , its a solid mid to longt-erm hold. I expect it to follow a similar trajectory to the one that ITV followed in November.
I am going to Kanabo to recover my losses. Really licking my wounds here.
I fear that short term there will be no real good news. It's a long game . Have you noticed that the dominant rampers, the "10 baggers" are no longer with us?
yes