Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Youāve already agreed not to post on this board again if the share price isnāt at 1.5p at year end, why do I need to bet with you. Can your peanut intellect not get that!!
You also keep mocking me for losing Ā£250k which says everything anyone needs to know about you!!, for what itās worth Iām sure youād thrilled to be in a comfortable enough position where you could make a mistake of that size without it impacting on your life.
As usual absolutel dogs dinner, still no clearer on whether weāll get tilapia, using words like hopeful at this point in proceedings leaves things I would say far from hopeful!!
If we did get tilapia $2m licence fee to pay. If we come out of suspension I would say itās further down down on the share price
There was never going to be an rns this week 1) itās zen and never ever has a time frame ever been kept. 2) the ambiguous wording of in OR AROUND w/c 19th gives them adequate wriggle room to lie without lying in if an rns doesnāt come until letās say w/c 2nd Nov
The problem is nearly everything they do is conditional on approval being granted , and approval Invariably never comes! same reason weāve waited all year for this apparent shoe in Congo deal to happen, the snpc havenāt given permission!
The likelihood of the $5.3 m being repaid is minimal, the license has expired and Iām not convinced saying you owe us $5.3m when you own an expired license would stand up in court particularly in Africa. If itās that simple why did Aaog sell it for Ā£200k!! Also the way the world is currently why would any government hand over that money particularly when itās more than debatable whether they actually have to or not ..again particularly in Africa
You should be cautious, zen have zero credibility hence the fact that any news on Tunisian assets or anything else does nothing to the share price but move it ever down. They hung their hats from Xmas on the Aaog purchase and the $5.3m . If they end up after all the promises not getting the license and money then in reality itās over . Iāve said all year on this board and to AC directly that the only thing that will give some recovery to the share price is tilapia and the $5.3m, the rest of it is a sideshow
Donāt expect anything from zen this week, even the ambiguous language they used of āin or around w/c 19thā gives them plenty of wriggle room to hold excuse any communication for another 2/3 more weeks. It wouldnāt surprise me when they are forced to publish it, that the future of tilapia will still not be decided and there will be yet more waffle that negotiations are going well and are near completion
Iām here because Iāve got the time to, Iām not consumed by anger or resentment just very close and real experience of the hard cold facts here. Iāve told you before I was never critical of all the failures here before March this year (read the posts) my anger since then is directed at one individual the one at the top of the tree
Of course I made a mistake as has every person whoās ever owned these shares including you. Itās the direct lies that make me angry not the losses. If you look back before Feb this year I never said anything derogatory (big word for you tyb it means critical) about AC or this company
Iām not bitter as losing that amount of money fortunately for me doesnāt affect my life....but having had that much invested means I just happen to know a whole lot more about this than I would ever post on a board