Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Well we've got our statement. I suppose that's as much as we can expect at this stage, and I fear this may rumble on a bit. From the highly informed viewpoint of a bloke sitting in an armchair in Leicester, I expect there are both political rivalries and pressures such as kickback on the policy from some in the fishing community to factor in, not just any sharp practice there may or may not have been in the awarding of the contract.
"When was the last time you saw a Greggs without a queue?". This was my entire investment case when I first bought in here as a novice investor at just over 500p. The only other share I've made good money on was ARM, which I bought in the early 2000s because these mobile phone things looked they were popular. Can't honestly say this approach is foolproof but it seems a decent strategy.
52-week high today - let's hope this is finally the recognition that we have moved into profit and appear likely to steadily improve for some time to come. Experience suggests caution but I can't see any reason why we should fall back significantly.
Blimey. That seems a major development.
Just caught the end of a feature on tidal on BBC News, including a bit of film attributed to us. Film seemed a bit sceptical that tidal would ever be more than a minor backup to other forms of energy but good to be in the news anyway.
"2021 was a year of significant strategic progress, right across Aviva. We successfully completed the sale of eight non-core businesses, generating excellent value for our shareholders. Our financial position is strengthened and Aviva is now a much simpler, leaner business, focused on our core markets in the UK, Ireland and Canada." Annual report. A good place to start.
Good to see Oxford Nanopore up 12 per cent today on solid trading figures. I rarely look in on IP. and had forgotten we still seem to own 10 per cent of ONT. A bit more jam today for them has to be good for us - that's the reason for being here.
I've taken the minimum - all I can afford really - and I don't see a huge amount of risk here. Given recent and anticipated orders it seems plausible that money for expanding staff and inventory is needed. I'd be surprised if we're not back to yesterdays price in fairly short order - after that I'm also optimistic of medium and long-term growth.
'Why imminent?'. Well they had hoped to conclude last year, they announced a'delay' in November 'a delay' doesn't I think imply a year, and indeed six months seems a long time when we are assured everyone is still committed. We are now three months nearly since the delay was announced so I think in the absence of reasons to think otherwise, it is reasonable that people expect an announcement pretty soon. You can of course quibble over the precise meaning of 'imminent'.
I got a little emotional this morning. I've been in for some 10 years I think, one of my first ever buys. Given how many of my speculative buys have crashed and burned, it's quite something to see this company finally get into positive territory and start to look like it really will fulfill some of the hopes I had for it and its technology. Still lots of things to ponder and I want to see a lot of sp growth now, but...well done everyone.
Erm $500m rights offering? To pay for a upfront payment in a deal that could rise to $5bn? Gulp...