Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Everything I wanted to read in that RNS, more oil drilled to make the production with more versatility to switch to gas if/when the price rises, talking to several entities regarding M&A, record production etc.
If we had more RNS like this I think the SP would climb steadyily back past 15p fairly quickly.
The only people who will ever get actual money from this company is the BOD and employees such as OSV.
That's what it exists for, you as a shareholder are only involved to facilitate this.
If the SP rises you will benefit that way if you sell, don't expect such a thing as a dividend !
I haven't added up what Manica cost us in purchase, dilution, Capex etc over 6 years.
More that £15m ?
Was it a success in the end then ?
Was it worth it or just something to pass the time ?
Anyway onwards and upwards Colin, get that PR machine running in Zambia, we need the money.
Howezap.
I think people are buying because they think the rinse and repeat is about to start again and they want in. Which becomes self fulfilling as they buy in.
This share follows a predictable wave and after being at the bottom of the curve for a while, the management has found another carrot to dangle, hence the rise.
No doubt we will get an RNS one day that will spike the SP just as before.
Why wouldn't you want to be in given the past performance ?
The clever bit is not getting caught up in the hysteria as some of us did last time.