Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
This is a correction to the Results of Extraordinary General Meeting announcement published at 13:00 on 4 March 2022 (RNS Number: 7201D) which erroneously stated the nominal value for the new ordinary shares as 0.002p. The correct nominal value is 0.02p.
So they slipped up by a factor of x10!,
Wonder what that means & how soon?
Surely not another consolidation already primed.
As long as the BOD are being paid 100% - all is fine.
Cant even sell my £30k worth off my portfolio as they are now worth less than the trading fee. haha
Cant even say GLA as that would be really takin the pi55.
Surely Fred should be press blasted to name the source of the $200K funding.
First possibilty could be his old Save the Bays American Billionaire sponser.
However there are many other US based eco-worriers out there.
Noticed how Fred converted a day into days before. Slippery as an eel.
Excerpts from an avaz whinging article.
giant fossil fuel companies are now suing our countries for BILLIONS of dollars for shutting down coal plants and oil rigs
fossil fuel giants are suing governments for billions
Take Italy: When it banned oil drilling off it's coast, a British company sued the government for almost $300 million -- nine times more than the company had even invested..
Wonder who that could be, maybe the company which took over MOG projects?
Just info, awaiting news like everyone else. gla JR
The environ-mentals in the Bahamas may not be exactly what they portray to the world.
You can see Fred to the left with Joseph on the right with Rashema & another here
https://waterkeeper.org/magazines/volume-13-issue-2/waterkeeper-bahamas-who-is-waterkeeper-alliance/#:~:text=Waterkeepers%20Bahamas%20is%20committed%20to%20preserve%20and%20protect,other%20common%20marine%20environments%20surrounding%20New%20Providence%20Island.
Rashema T Ingraham Executive Director of Waterkeepers Bahamas
Worked at the Grand Bahama Development Co. Ltd., then as an Account Executive with a business development firm (Global Fulfilment Services Ltd)
http://www.alacartebahamas.com/?aios_agent=rashema-ingraham
The Grand Bahama Development Company Limited (DEVCO) makes this claim
We are responsible for 75,000 acres of 40,000 lots with 10 miles of beachfront & 7 miles of seawater canal system.
https://gbdevco.com/company/
JosephDarville is the new chairman of Save the Bays, previously Fred Smith
J.D is a serial chairman, has connections with waterkeepers who have a Kennedy son on board.
https://bahamascitizen.wordpress.com/2015/10/11/joseph-darville-named-save-the-bays-chairman/
Clues. wordpress offers anonymity to the publisher
Bahamascitizen totally one sided in favour of L Bacon etc
Long Island – New York, Family ancestral home of Joseph Darville.
Long Island Homes of Louis Bacon inc His mansion in Oyster Bay also Robin Island
& Cow Neck Farm
Everywhere Louis owns property including his former home on Grand Bahama, his Moore Charitable Trust is active. He also has a tie with the Orton foundation .
In my opinion these are some of the people who either control the development or at least wish to influence it in the Bahamas. Rich Americans etc are welcome to the exclusive luxury developments whilst the ordinary intrinsic Bahamians are kept in relative servitude. Cheap labour for the resorts & foreign home owners.
The press in the Bahamas is not very complimentary of Fred or Save the Bays
Just so we all know who we are really up against.
I believe that the judge effectively made no decisions, offended no one legally, but was able to pull of a political coup by kicking the can down the road for someone else to deal with later. But a right result allowing BPC to be a joint recipient.
The drill bit is still turning, so it’s still game on. G.L.A JR
The Bahamas need much cash
Who will supply it? Black Gold, Land sales or USA bribe?
There are less than 400K Bahamians from Gov Stats
fiscal deficit widens 279 percent
https://ewnews.com/countrys-fiscal-deficit-widens-279-percent
National debt reaches over $8 billion
https://ewnews.com/national-debt-reaches-over-8-billion
Up to 40 percent of real property tax bills never reach the intended taxpayer,
http://www.tribune242.com/news/2021/feb/04/arrears-hit-600m-40-property-tax-bills-dont-reach/
Govt owed tens of millions by closed casinos
https://www.bahamaslocal.com/newsitem/259942/Govt_owed_tens_of_millions_by_closed_casinos.html
Grand Bahama Island fuel depot & dock is just after High Rock at the start of East Grand Bahama! Fuelled from the USA apparently.
Freeport Grand Bahama is approx. 80 miles from Florida
Moore tomorrow gla JR
Environ-mentals get the point! no telly the porkies you rotters!!
https://thenassauguardian.com/bpc-environmental-groups-in-new-round-of-tension-after-company-joined-in-court-action/
Lioyds has attracted the anger of climate groups following its confirmation of providing the offshore drilling insurance in the Bahamas. Fred wrote them a stern letter I suppose! followed it up with a large portion of humble pie for desert for getting it wrong again. I do like a good read. JR
Who's Who post plus extras, sent to BPC in UK & the Bahamas.
Good idea Statchild
Good luck all. JR
Freeport Grand Bahama is approx. 80 miles from Florida
1 Fred Smith QC
2 Louis Bacon - Hedge fund billionaire
3 Rashema T Ingraham Exec Director of Waterkeepers Bahamas
4 Barry Macombe former MD of Scotiabank
5 Linda Hepburn-Malcolm registered owner of Global Fulfilment Services
6 Peter Nygard Canadian clothing billionaire
Fred Smith
Bahamian lawyer, promotes himself as an environmental campaigner, likes beaches so much that he reportedly snatched one for himself resulting in lawsuits from his neighbours. Reported to be Louis Bacon’s mouthpiece & Chairman of Save the Bays; which was reportedly initially set up & funded by Louis Bacon.
Fred is reported to be a thorn in the side of various Bahamian Government officials.
Group opposing BPC drilling is Save the Bays & Waterkeepers allegedly.
http://re-negotiate.org/features/bahamian-prmarketing-professionals-are-demanding-that-as-diane-phillips-cavorts-with-louis-bacon-and-his-save-the-bays-political-group-to-give-our-beloved-bahamas-a-bad-name-internationally-she-mus/
http://re-negotiate.org/2018/02/25-louis-bacons-save-the-bays-fabricates-court-document-in-order-to-sue-keod-smith/
Louise Bacon
Reportedly one of Americas largest land owners
Owner of the Moores Foundation
Reported allegedly; as having illegally built a marina, also a smuggler type boat house under his home.
Has reportedly, attempted to obtain for $15 mill the 280 acre Clifton Cay formerly the Nancy Oakes estate now owned by the Government at Clifton Point.
http://www.tribune242.com/news/2015/jun/09/bacon-offered-15m-clifton-solution/
Rashema T Ingraham
Worked at the Grand Bahama Development Co. Ltd., then as an Account Executive with a business development firm (Global Fulfilment Services Ltd)
http://www.alacartebahamas.com/?aios_agent=rashema-ingraham
Barry Malcombe
Previously Executive Vice President of Grand Bahamas Port Authority which claims to have 70,000 acres of development land on Grand Bahamas.
Set up (Global Fulfilment Services Ltd) in 2006
https://gbdevco.com/
https://bs.linkedin.com/in/barry-malcolm-1897083a
Linda Hepburn-Malcolm
https://bs.linkedin.com/in/linda-hepburn-malcolm-33a91133 = Declared owner of GFS ltd
Facebook shows her as a Freeport – Grand Bahamian resident, has a link to Grand Bahamas Port Authority
https://www.facebook.com/linda.hepburnmalcolm
Peter Nygard
Canadian clothing Billionaire. Neighbour to Louis Bacon.
Has a long term running battle with Bacon; over the development of his property at Lyford Cay into the sea shore. They have been in many courts. There are many back stories for each.
Mr Bacon and Mr Nygard’s feud, which has made the headlines several times in recent years, is related to a ‘right of way’ or easement over the former’s property into Nygard Cay.
http://www.tribune242.com/news/2013/mar/26/reclamation-at-nygard-cay-is-worth-25-30m/
Grand Bahama Island fuel depot & dock is just after High Rock at the start of East Grand Bahama
Freeport Grand Bahama
Chairman of Louis Bacon’s “Save the Bays,” otherwise known as this country’s serial and vexatious environmental litigant, has had the tables turned on him and will now have to answer to allegations set out in an Amended Writ of Summons filed in the Supreme Court of The Bahamas on 10th June, 2016.
http://re-negotiate.org/features/bahamian-prmarketing-professionals-are-demanding-that-as-diane-phillips-cavorts-with-louis-bacon-and-his-save-the-bays-political-group-to-give-our-beloved-bahamas-a-bad-name-internationally-she-mus/
Louis Bacon’s Save the Bays really never was an environmental group!
https://bahamaspress.com/louis-bacons-save-the-bays-really-never-was-an-environmental-group/
LOUIS BACON’S SAVE THE BAYS FABRICATES COURT DOCUMENTS IN ORDER TO SUE KEOD SMITH?
http://re-negotiate.org/2018/02/25-louis-bacons-save-the-bays-fabricates-court-document-in-order-to-sue-keod-smith/
Clearly a well liked - nice guy !! JR :-))
Sect 19 Grant of Lease
(1) Where there is a discovery within an area under a licence, a licensee, by application in writing to the Minister and subject to and in compliance with the provisions of this Act, shall be entitled to the grant of a lease.
(2) The term for which a lease may be granted shall not exceed thirty years.
I do like a good read :-)) JR
Fred Smith Facebook page created Sept 2013 has 5,942 followers
http://www.tribune242.com/news/2014/dec/08/and-who-fred-smith-qc/
Prince George wharf = Nassau; port au prince = Haiti
Fred is Freeports Managing Partner of Callenders – https://callenders-law.com
Fred's first 3 listed areas of practice out of many are;
Human rights & constitutional law
Immigration
Environment
Fred represents Waterkeepers who’s website created 6-2018 powered by cloudflare USA & Save the Bays which is the local spin off of waterkeepers . The monied nimby’s apparently according to the following article.
https://bahamaspress.com/where-is-louis-bacons-save-the-bays-in-the-midst-of-all-this-environmental-crisis-following-hurricane-matthew/
Fred promotes Our Islands, Our Future. Which makes the following claim, possibly falsely.
(BPC still hasn’t paid what it owes to The Bahamas for its existing licenses. What guarantees do we have they will pay in the future?)
Our islands-Our future Facebook page created 6-2020 with a huge, 1,675 followers worldwide!
Despite listing 122 supporting organisations on its website, obviously a web hoovering exercise!!
Fred’s Facebook page is full of the same stuff as on Our Islands, Our Future site.
Fred is clearly on the left & could be one of the small group of Bahamians who formed the coalition. The only details on the website on who’s behind it, are that Rashema Ingraham, executive director of Waterkeeper Bahamas & Casuarina McKinney-Lambert, executive director of BREEF are in it, however its website is powered by Digital Ocean from Colorado USA.
Still drilling down for more info; Happy New Year JR :-))
So who's behind the enviromental campaign website?
https://whois-search.com/whois/ourislandsourfuture.org
based in USA state code CO Colorado created May 2020
https://thenew.org/org-people/about-pir/
They have got my attention. JR
Our Islands Our Future is a web site of the enviromental campainers.
who are objecting to BPC drilling. Some good info though!
Pro you are working too hard on this negativity.
I am concerned for your mental welfare.
Chill a little & relax, all will be clear soon.
The drill bit is still turning.
Good luck all JR
The Naysaying - shotgun toting mob may have had a list of objections - as long as their barrels!
Wanting a review & drill ban for them. However Judge Santa has already ruled these out.
If anything else does emerge which J,Santa is unhappy with, what is going to be done about it.
A reprimand, a fine, costs or what? - Not a review or drill ban !!!!!
Oh yee – Oh yee, Listen to the Judge - the reasons in full & the costs award.
Here’s hoping & wishing Santa & all P.I’s a happy new year.
Just my opinion JR
Hi Eggie, Merry Xmas to you & all pi's.
Repost to your hearts content.
Best wishes JR
Merry Xmas to all
An Application for leave to apply for a Judicial Review, brought against the Government of The Bahamas in respect of BPC’s Environmental Authorisation, has been denied
A request for a stay order (halt) to BPC’s drilling activities has also been denied credit to Business wire
The reasons will be given later! however the decission is made.
Good luck & Xmas wishes to the Stena Icemax & her crew.
Hi Bamps, accordiongtong to my compressed annual accounts Spain has lost the company in excess of £17 million over the years. Not including the 2018 settlements. So a very good thing its now a gonner. Hopefully there will be some benefit for Trini from the salvagable stuff & a reduction of directors attention to this political loser. Onwards & upwards - hopefully (trusting in the purple tie)
BlobBlob fron the annual report 17. This is excellent news imo, non dilutive for the immediate future & cash retentive.. The new Executive Directors being Leo Koot and Gordon Stein, and the new Executive Management Members being Stewart Ahmed and Anthony Hawkins, initially agreed to receive 50% of their fees for the first year of their employment in the Company's shares however, in May 2018, it was agreed that it would be more appropriate to issue share options instead.