Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Although it is a very brief message with nothing in the way off fine detail I would say at least this will stop any unfounded rumors that the deal had collapsed etc...This may not be an RNS most were hoping for but it is still a very good RNS as neither Reabold or Corallian are cancelling the deal which must mean they are happy with what has been offered....
I have tried to look for information on the strikes ...South Africa like many other countries in the world is suffering from inflation which can be obviously be a cause for more people to go on strike .......A call for a national strike was held around a week ago but the numbers who demonstrated fell well short off previous strikes/ protest ...A government policy off ...no work , no pay .... would obviously make workers think twice before taking strike action .......There is according to online information deadlock on wage negotiations between..Transnet ... South Africas state owned logistics/ Transport organization and two unions...but apparently there is a months cooling off period while negotiations continue before the workers are balloted for a strike....
I am unable to awnser your question...but other Gold Minors such as Shanta and Sol gold are down just as much or even more....The price off Gold however seems reasonably stable so hopefully there maybe a recovery soon ...Pan African does have decent fundamentals and the share price has generally held up well throughout this year ...
Well that is good if they make things happen...but I remember a much more mild version off what we have now under David Cameron but instead off planning for Britains energy security at the time it seems we have to have...a proper crisis first ...before the Government finally starts to act .... Britain was much more energy Self Sufficient up to the early 2000s but for a number off different reasons... mainly short term thinking...by politicians off all colours we have ended up having the crisis we have now ....I know it is great for us as Reabold investors that the price off gas is astronomically higher than it's historical level but it is also a sad indictment off the failure off politicians to plan for the future ..........PS Good luck for all us maybe next week or the very near future in regards to Victory ..........
One thing that puzzles me ....is that with the very recent announcement off the 80% increase in the energy price cap almost all off the media talk has been around how are people going to be supported in paying their bills from October onwards ... There has been very little discussion on Britain becoming more self sufficient with it's own gas and oil supplies etc . ..It will be crisis management as usual from this government ( and previous governments ) rather than trying to properly plan to deal with the source off the problem ...The politically expedient route is simply to blame Putin rather than admitting Britain has / or has not had a proper energy policy for a very long time....
The price off Gold seems to have recovered quite strongly from it's mid July trough.... apart from the dollar it may end up being the last man standing as an investment choice as many other asset classes ( and definitely including Bitcoin) have preformed badly this year ...
Gas prices have reached a mind boggling 546 pence a therm which means it has now gone past the Russia / Ukraine invasion peak ... Although in theory gas prices could come back down, we all know that President Putin always loves to be at the heart off a good crisis...so gas prices could stay elevated for quite a long while !!!....
Okay ...Well your not a VeryHappyBunny now !!!..But remember..it's not about how I interpret what had happened if they decide not to release any news after the 31st .. ....We will watched how it has been interpreted by seeing what happens to the share price...
Err ...you contradict yourself...if Corallian were required to repay Reobold within this time period...that means the deal would not still remain on track at all ..( as you are stating ) ...It means that something would have gone wrong...It may not be their legal duty to inform shareholders if there was any change in the situation but after promoting the deal at the very least they would have a moral duty to inform shareholders!!!......There are still 4 trading days left so I am still hoping this will all be history by later next week..
Mr VeryHappyBuny .you say why update the market if nothing changes ???....What you have not understood Corallian / Reabold had been promoting to potential investor that they have a deal with an exceptable offer ...The Reobold CEOs have appeared on YouTube etc...promoting this leading too share holders to expect something is imminent...They cannot just then refuse to say anything as there will be a lot off confusion and anger if shareholders are not kept informed off any new information regarding the deal ... Some news off what had happened is better than no news ...Remember this is people's hard earned cash that is at stake here .....
This is just an observation...from the interview given by the two CEOs from around 3 months ago ...Steven Williams said that he was... very happy with the Victory Deal just on its own merits ...which one would read that they were more than happy with what had been offered ...If there was no news by the 31st ..then they should come forward and explain if there has been any change in the situation since they last gave out public information ...
So from my understanding when you say... there is no requirement to update the market ....most shareholders/ investors would then simply read that ...the deal has not completed or otherwise Reabold would have wanted to release news on any potential deal ...
Hi ...I just wish to ask a question from any shareholder with greater knowledge off the company..Do Reabold have some sort off legal / condition obligation to release news on the Victory negotiations with a third party by the 31 st off August which only leaves 4 trading days ...I will send out an advance many thanks if anyone is able to provide any .. Neutral and Accurate information on this subject.. Regards Lenin..
Many thanks for sharing your story....Pump and dump ...as it is often referred to is easier to do with penny stocks...it is off course one off a number off risk connected with these types off shares ....On the other side off the coin is the high potential reward maybe to multibag should fortune be on the side off that particular shareholder/s ....but then there is no such thing as a free lunch off course ...In order to tip the balance in the shareholders favour ...I think it helps to be in the right sector at the right time .( but every share trade involves risk off course) ...So for me I hold shares in Reabold/ Centrica and Pan African ( Gold Mining ) ....than say rather than something in the retail sector which I consider to be higher risk at this moment in time especially as we head towards the winter period .....But each shareholder/s must make their own choices off course / Lenin
I understand why people may not like BMD...but does this not say something about Reabold public relations ( or lack off) ...if they are unable to create the same level off investor interest before any official announcement is released ???..!!!!
Mr Persimmon....you very conveniently ..forgot to mention one very big difference between the two projects...Sealion was/is basically all or nothing for Rockhopper ( apart from some minor Italian assets ) ... Victory is ahead off West Newton in the stage monetisation........Granted the outcome is not known at this stage apart from the fact there are negotiations with a buyer ...But then off course holding shares in any company involve risk ...If a shareholder cannot except the risk they are comfortable with they should just keep the money in the bank rather than having an ax to grind with everyone else !!....
Only for Reabold share holders who take an interest in other company shares ...the Cineworld share price made ...a jaw dropping 80% fall since Tuesday ...a company I considered to invest in last year but I ran a mile when I saw that they have almost 7 billions pounds worth off debts ...I am supprised Persimmon is not on their message board ...He could enjoy posting negative messages all day long and in Cineworlds case he would have genuine reasons to do this !!!!