Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Just nonsensical sell off, we already took the hit when it went down to the 15s, the problem was and always is insider dealing, those in the know have already sold down, they will and will buy them back at further reduced prices after the herd continue to sell their shares, the reduction in the SP will as usual be overdone.
Unless we are the acquisition and one of the large investors is in on it, by drip selling their shares for something in return, all hypothetical but it does lead you down some blind alleys when the company stops communicating with its share holders.
Yes, agreed Grey Panther, they must have asked and were supplied some info for sure.
Blanking them if you want a sale wouldn’t happen, over egging the case also wouldn’t happen as they will know the figures before the sale goes through.
I would imagine they have been given a positive view, good, v good, maybe a general outline of what to expect from the CPR that’s maybe one of the reasons the offer was double their mcap.
It’s a tricky one isn’t it, the shareholders think it’s worth more but the economics meant they will have to spend more along with attracting and keeping many more buyers/holders to reach that value, then we have the time element of how many months/years for that to happen, with these buyers they can push on with projects and do what they want when they want with more cash readily available.
I would’ve thought EOG will continue to rise and at least match its partners.
UJO seems to be making great strides with more than double the EOG mcap, yes they do have other irons in the fire along with EDR, however the other partners don’t have a catalyst in either Serenity or Inishkea that could send their sp into orbit x 2.
Tony,
Whatever the reason, it’s delays like this that put doubt in people’s minds, I hate companies that are always late with their reports, it shows a lack of professionalism, it shows contempt for shareholders whether meant or not, it’s just shoddy.
If you have two CV’s in front of you equally good but one of the guys you’re looking to employ is always late for his work, which one are you going to employ?.
Posting from sunny Majorca, Cala Bona.
Looks like the stars are aligning for EOG, I hope you long term holders are keeping a strong hold of those EOG shares, maybe, just maybe, your time is coming.
Strong as fÂŁÂŁÂŁ buy.
Izstar, With you selling helped me because I was buying as you were selling, ordinarily would’ve just sat back and waited for price to rise and not added further but with opportunity to buy more at low price I couldn’t help myself.
In regard to serenity, EOG said a subsea tie-back to Repsol Sinopec's Tain Field. would be a highly material opportunity, potentially delivering net production of around 1,000 bopd to Europa. 3,000 bopd to I3e would certainly be welcome.