Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
No.
£3.54 is the base to be compared against. To be awarded the minimum (25%) of the LTIP, the SP needs to increase 10% pa from £3.54. Which is £4.71.
Thats over 300% INCREASE from current levels.
To get the full award, a SP of £7.78 is needed.....
They have just under 2.5 years to achieve this!
DRB83: "The market is so fixed on wanting to believe that Covid isn't a problem. The market has almost buried its head in the sand. Here we are, approaching winter, facing millions of cases over the next few months just in UK and yet we're down.
Scientists advising we'll be testing for multiple years. EU wave, US next, then South America. Then it'll be back to us. Yet the market can't see it.
£100m+ revenue. £40m+ EBITDA. Global business. Not confined to one market. Industry booming and have £100m in the bank. Yet market can't see it.
I'm long but have some short term trades and just get frustrated from time to time that market is so disjointed from logic."
Yes, it is frustrating. The market is ignorant to these facts.
But this is great for good investors, because it allows us to buy into this company at a great price.
The market will eventually recognise these facts and the share price will reflect on that, and great investors like us will reap the benefits :)
(If the market already valued NCYT correctly then there wouldn't be as much potential share price growth for us)
A wise man once said 'all you need is patience'.