Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
( Final Post for today )...I think the truth off the situation with you Mr Persimmon is that basically...you are frightened that you are going to miss out ... otherwise you would have been long gone a while ago ....but because you never made money straight away you can't change mentally that you have an ax to grind about the situation you found yourself in and have decided to take it out on the other shareholders rather than realizing you are the one who is responsible for when you decided to buy into Reabold ....
Your comment is completely ridiculous !!!!...I do not make money from my house as it does not produce a service or product unless there is a fundamental reason for it to go up in value and then I decide to sell... Understand this and you will finally understand the Reabold business model !!!!..
U K Natural. Gas is heading towards 500 pence a therm ..which is being caused by supply disruption issues and the need for Europe to import more LNG..This is a level not seen since the start off the Russia/ Ukraine war ...and also means the gas from the Victory field is now almost currently circa .10 × ..its historic level....
You maybe your correct as I do not know the full details on the negotiations..... But it seems very odd to me Corallian would have to pay Reabold a 1/4 of a million within 90 days because the Reabold negotiaters failed the process ......I am thinking a very good sales figure should be achievable because at the heart is ownership off a commodity which has undergone a seismic upward shift in it's value since Victory was first acquired....
From my understanding Corallian have to pay Reabold £250 000 if the negotiations do not conclude by the 31st August...So it is not right to hold the two Reabold C E O s responsible for the outcome or the price achieved ... Corallian are responsible...
Too what delay are you referring to ???...The acquisition has until the 31st off August to complete ...Either party may terminate and Corallian will have to pay Reabold £250 000 with in 90 days if the deal does not finalize in this timescale .. ...This is much more complex than say making a deal for a new car ....Unless you are not aware off that off course !!!!...
Hi ..I do not wish for this to sound like a stupid question ...But when you state that the offer must be sufficiently attractive to the shareholders who joined the party at £2.20 ..to which shareholders are you referring to ?? Corallians ?? Obviously Reabold has not been at this price for a very long time .....I should state I have a reasonable holding here ,( in relation to my financial situation) ...but as I hold a number of other shares in other sectors in shareholder terms I would be classed as ...a jack off all trades but a master off none !!... An advanced many thanks if you find the time to reply...
There are too many moving parts to this for anyone to be able to give an accurate prediction ...not even the most professional day trader knows for sure which way a mainstream share will move within 24 hours ...but consider Reabold with a market cap off just over 26 million would have reached a crucial milestone in the life off the company with the selling off Victory ... Assuming Corallians statement that the offer is ... sufficiently attractive ...means that they did reach the minimum sale figure off 190 million plus ...with 50% going to Reabold then the share price must multi bag xxx times ..Maybe the final sales figure will surprise many to the upside ...especially as UK gas is virtually the new Gold in these current times we live in ... Both parties know this so the buyer should be keen to complete the offer ...
One little extra I should add ...I know basic information about Reabold and it's assets etc ...but my knowledge would be nowhere near the level off a dedicated shareholder ...and that is because I know often with AIM shares the patience off a saint can.be needed before any money by the shareholder maybe made ...I have learned to handle this by having one account ( in the case off Reabold inside a SIPPS Pension ) for maybe longer term .. while having a separate share trading ISA account for some very short term trading where I can make some small.amounts off money from time to time .as a little extra handy income ... Personal favourites for this are Pan African Resource ( Gold Mining )./ Gulf Keystone / Harbour Energy/ and Lloyds though usually with Lloyds I get unlucky as it will normally go straight down on the same day when I decide to.take a punt and then it's a waiting game to.get back out again All the above have very small spreads making it easier to get back out ...I have also done some minor swing trading on the American Nasdaq ...I recently made some small profit on a company called Star Bulk Carriers ( at the moment this one is... very high risk .but a great dividend for anyone prepared to take a punt.) but it is more difficult to get back out if things go wromg because off the foreign exchange charge ..This is just my own way to handle the waiting with AIM shares such as Reabold...
Good Question...The problem is no shareholder here sits on the boardroom so who is able to awnser this question ...The only info I can see is in the statement ...Corallian consider the offer to be sufficiently attractive .......I read that as a minimum threshold has been met but it is a very basic statement off course ...I have learned too take with a very big pinch off salt some ( but not every) statement that gets posted here because I remember reading a little while back some posters who seemed to think no offer would be made for Victory for various different reasons ....That has turned out to be a load off nonsense off course ..... Personally I think the stars may be perfectly aligned here .. especially with UK gas at around 380 pence per therm ( this was never imagined when.Reabold originally brought their stake in Corallian )....but this is off course a statement based on personal sentiment ... Regards Lenin...
You contradict yourself ...You say the market values it at bugger all ...while ... saying your happy to take a risk ....Either you believe the market or you do believe it is a valuable asset ..or why would you risk your hard earned money !!!???. Victory is valued at around £193 million based on a historical average for gas prices at 50 pence a therm ...( Currently Circa around 380 pence a therm and possibly heading North )...Now I know nothing is known for certain at this stage ...but I would say even a child could work out Victory is many times more valuable than a Van Goth !!!
You mention Reabold need the cash ...I would not be too despondent about Victory...In simplistic terms if a poor man has a Van Goth or Picasso for sale does it make it any less valuable ??? ...Do not forget Gas has become a very expensive and valuable commodity and will stay that way for quite a while ...
Hi ...as a new shareholder here sadly I have missed out here on the earlier years ( or maybe not depending how other shareholders view !!! ) but I just wondered what was the future situation regarding first oil ..Is there some sort off specific timeline ???...I send an advanced many thanks for any replies from shareholders who have more experience/ knowledge about the company ... Lenin
As a new shareholder I know very little about this company beyond the basic share metrics ..but studying the share price movement over the last six months ..it has moved broadly in line to a lesser or greater extent with other oil companies....With worldwide oil supplies becoming.imcreasingly tight I should.think this will easily shoot past 200 pence in the near future ..but off course this upswing in the share price.will apply to a number off energy.companies as well ..I have absolutely no idea who will do best so as well.as Genel I hold shares in Harbour and Gulf Keystone .but I think they should all put in a fairly decent upswing over the coming months ...