Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Let's face it, most AIM shares are a bit of a gamble, some more than others.
MOS has not worked out the way many of us have wanted. However, that doesn't mean it still can't.
Often it feels like they are clutching at straws, but then again you can't build a profitable business overnight. There can be a lot of trial and error.
There are a lot of elements I still like about MOS if they were to get it right. Given that betting platforms are already a very established way of income, unlike maybe some of the other MOS ventures, we can but hope they get it right.
It could be an opportune time for a new investor or others to average down but that does come at a high risk vs high reward based on current mcap/sp.
Everything in the update is what you would expect on how things would progress. All positive. Clearly some were hoping for we're now selling the helium, haha.
You may be able to get in lower if you pick your timing right, but as we know with AIM you could get caught out.
If this plays out as the update suggests this will be worth many multiples of where we are now. Patience.
If the resource is commercial, which seems highly likely and there is route to market, given how important helium is and the limited supply, this has to happen one way or another. Whether it's he1 a JV or takeover or something else, it's too valuable for backs to be turned. The eyes of the world will be on this and it's hard to see how at this price and valuation there is not significant upside. The resource has to be utilised.
Don't think this was going to go anywhere until the new shares hit the market. With them imminent understandable this kind of movement. We're still above placing price don't forget.
I think news will start to flow from tomorrow once placing is completely out of the way.
Techno, it is hard to say nice things as a LTH however, I remain positive and it's great to see someone with fresh eyes taking a look and giving their thoughts. Some of which I share. It's easy to get dragged down due to past performance and events, that doesn't always mean things will continue that way. It's important to stay objective.
If this share teaches us anything, is that anything is possible on AIM.
Leading up to the 0.25 placing and when it hit, this board was toxic, and at the time rightly so. It seemed like this was done and the placing was simply to keep the lights on for a bit longer.
Any LTH would have struggled to see a positive spin.
Quite incredible the turnaround and sentiment change. I do hope most long termers managed to average down and be on the road to evens or profit.
These opportunities don't come along too often. Couple of great posts this evening. Great to see a post from skittish who has provided invaluable insight for a long while.
Not seem like it now based on sp drop, but anyone investing now is at the start of a massive journey. The raise shows the company's intention that they plan to crack on to get this commercially viable.
They know what they're doing and to think this won't be multiples of where we are are now in a likely short space of time you need a reality check!
Bit of short term pain for longer term gain. I remember when they raised a few years back at around 10p and it went to 27p not too long after. Of course that time there was no official discovery. Now we're sat on a world class resource.
Nothing goes up in a straight line. Look at history of some of the other great rises, it's always staggered. The fact is this is worth a lot more than the current mcap. The company are now completely calling the shots, placement or no placement!
HE1 currently valued at just under £100m. If a big player came in and said we'll give you £100m for the business, I imagine HE1 would tell them to jog on, simply due to this being worth a lot more. £500m and it might be worth a conversation. This would put the sp over 13p.
Just think they're sitting on one of the biggest resources of Helium in the world and potentially a massive hydrogen play. People have to make their own choice whether they invest or not but don't expect an easy ride!
Comparing the sp is highly misleading as there has been massive dilution since then at a very low price.
We had c1bn shares pre recent raise, so it's quite easy to do the maths on the mcap previously. So when sp was 3p mcap was around £30m. We're actually worth more than that now at a lower so, so we can see comparing the sp does not work.