Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
You could imagine any prospective buyer to have negotiated the price based on the core plus flanks and have aid as soon as that is approved we will offer x for them both.
As far as I can see either that approval has come in (anyone gone over those Russian sites for news) and they have suspended it to formalise the offer with the buyer which they will let us know about
That or they have had a second look at the site and realised they mistook the PGM's for coloured pebbles or something just as daft and we are penniless
I posted before about maybe bailing at 10p but that isnt going to happen now I'll ride it out to the conclusion. Hope it ends well for you all
Could do with a quick sale and the proceeds put into my account - I cant keep this up for weeks
and if you have bought back in again you can bet that it wont be a straight line to 50 odd pence either
At some point unless the magic RNS's appear its going to take a pause and may even fall a bit over a few days when the jittery holders sell out fearing the worst. Some are only here for the 10%+ rises and as soon as they stop they will bail.
Its not as simple as the number of buys vs sells
for example if I had 99 buys of 1 share and 1 sell of 100 then the sells outweigh the buys in volume
Then you need to take into account the number of shares available to buy/sell and at what price (something more obvious if you had L2 trading)
Well we have 2M oz of - soon to be 15M oz of it when they rubber stamp the flanks
40 is a possibility but we dont have that yet so we cant calculate anything using that figure yet - hopefully in the future we will
No I agree with you
Was just getting fed up with the notion that there is someone out there who is constantly changing buys to sells (never hear it the other way round) and holding back lots of trades as if in this case the MM's are holding back the price in some sort of major conspiracy. It would be interesting for delayed trades of significant size but 10k here and there is nothing (well nothing if there was some great conspiracy anyway)
Its an IT system that is just catching up with the trades to complete the ledger. Obviously something wasnt/isnt working properly which is why you are seeing more than normal today. To assume that someone is out there who's job it is to pick on a tiny AIM stock and manipulate it is a bit of a joke. Read any board and its the same thing but the MM's (and there are several) just create a market to stimulate buying and selling which is also why sometimes buys show as sells and vice versa. There isnt a person sat there marking the buys as sells on purpose.