Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Can anyone please confirm if they have actually stated anywhere that they will update on the NA sale during FY results ?
I have skimmed the rns from Feb and recently on timing and couldn't see anything unless I'm blind.
Trisor
I think we're now more likely to have a really poor follow on day tomorrow if US markets finish like their futures are now. So sick and tired of them, they make more on their rises, and ensure we lose more on their losses.
That's really helpful wealthtransfer, will be closely looking at that in future accounts.
One last question for now, maybe a silly one!
If there is ever an increase in goodwill / future value / headroom as you explained above, are they likely to headline that / state it fairly early on in the results bullet point summary, or will be recorded in the relevant section further down ?
Wealthtransfer
I just skimmed that section 9 from the FY22 accounts, couldn't quite grasp where the headline valuations based on future business / revenues are stated.
There was a small table showing an increase in NA value and a decrease in Alsa ( probably considering the Alsa impairment).
If you don't mind will ask you again about this when the FY23 is finally released ?
Thank you for that pointer
The problem I'm having here wealthtransfer is any guidance for this year can't really be accepted by both investors and the market.
No doubt they will guide on Ebitda and hopefully will be underestimate this time round and will be better than 160-175, subject to a really poor start to the year which is always possible here!
Are you not expecting an impairment for Germany or is that more or less the onerous contract provisions ?
When your average is high teens / 20 ish, buying at low 12s / 13s really makes little difference to me , unless you're just in for a trade.
If he turns this around and a majority of the cost efficiencies turn into positive free cashflow from next year, 12, 13, 15 will all be good entries.
If he doesn't then long term holders will get wiped out .
Imo this guy has to be given at least 18 months until HY25.
Just look at US markets tonight, to think they caused the sell off in Europe today. Frustrating to say the least.
Oh well, Monday week is the second half of April, so not long now for either more disappointment or some long overdue stability maybe.
Shame the share price doesn't reflect the company fundamentals.
Fallen every day this week.