Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
"20 million placing coming"
Plus 12.5/1 share consolidation, just because.
Lol
IE
Https://uk.finance.yahoo.com/news/jubilee-metals-group-plc-lon-072713223.html
"Roan will continue to operate at approximately 50% of full capacity while an alternative solution is being pursued to source the electrical components which includes the option to locally manufacture the components. A 9 weeks delay is expected to the upgrade of the Roan project."
IE
Possibly 'Cup and Handle' forming?
IE
Good to see Slater adding; first truly positive news I have seen in ages.
My 28.9p EOY prediction, however, remains unchanged.
IE
Wasn't that Chalk?
With an estimated extra 500M shares in circulation, 12.5:1 consolidation and an MC around £120M I reckon we'll be somewhere in the region of 28.9p SP by year end.
IE
Everybody
IE
Which begs the question:
Consolidation?
IE
"50% drop,equivelent to £85 million of the mcap?...."
You haven't factured in any future share placements.
Could equally equate to 50% drop,equivelent to £15 million of the mcap.
Depends how many shares are in issue at the time.
IE
No, Leon's been shafting you pal, not I.
Got that old 'Christ in a crucifix shop' feeling now, eh?
Well you can't say you weren't warned.
IE
Got Real 30/09/23:
"...there was no indication other than BT's rumours that there might be a placing anyway. Leon already said expansion would be from asset based finance."
IE
"I’m happy to ignore everything he says."
Yet all ears when Leon chairs a gathering to promise "No more placings"..."Ever"
IE
No one can deny that Bushy.
Remarkable consistency in calling the turns.
IMHO they should be making love to your ancient footwear.
IE
IE
There is always the possibility that the placing of 236,363,636 new Ordinary Shares with certain institutional and other investors is simply used to close out their short positions taken at 23p.
You know, the same ones that sold this down to here.
IE
I wonder why
Wouldn't like to be short on this today.
Could go ballistic
IE
In 500,000 chunks.
Did well to hold up above 7.50 today.
I thought.
IE
Interesting point sir.
You'd probably be best asking Trojan ( the LSE resident institutionalized investor) about oxidised and reduced tailings seperation tech.
He normally posts later in the day after his tea.
Or if it's low tide you can usually catch him down the shore with his metal detector.
He'll know for sure.
GL
IE
Around £140,000 sterling spent on 50 or so buy trades today according to Adfvn.
The big seller appears to have let up for now, but the market still holding off for the moment it would appear.
Gotta be a placing 'imminent' IMO
IE
IE
L