Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I share the frustration of other holders as to the lack of news. Seems to me that any chance of a dividend both declared and paid in Q1 has gone due to the necessity to effect a share capital reduction.
What is keeping me invested is the belief that they must be throwing off shedloads of fcf & the piece in the last update is that they were in advanced discussions over Serenity.
This could be the result of the hold up & the reason that the directors / advisors are not responding to queries. It may be that the signing off of a deal on Serenity [the attractiveness of which must have risen considerably due to the recent rise in oil prices] is imminent & that the BOD want to announce both a deal & an operational update at the same time.
So, frustration shared but a blockbuster of an announcement may be very close.
I realise that 'Reading of the Runes' is somewhat dangerous & all my own opinion of course.
Double D stands for "Disappointing Discount".
For such an outstanding project it is disappointing to see "Johnny come lately" investors getting in at a 20% discount. I am inclined to blame this on the advisers. Strength [ie at a premium] in a placing such as this demonstrates confidence and almost always causes the shares to move to a further premium to the placing price. A discount simply causes existing investors to question their valuation assumptions.
So no gold star to the BOD for this and the dunces cap for the self serving advisers.
But at least no soft warrants attached.
The share price will take a hit. Yes, it will recover but the momentum has gone & any buying impetus, for a while at least, will be met by placees selling orders booking their freebie profits.
A placing at a premium.
OK 2:1 warrants but at a 63% premium to the placing price.
Well, I wont's call him St Scott just yet but he is doing all of the right things.
Onwards & Upwards
.... as they that cannot see.
The investing community are so conditioned to the decline of heavy manufacturing in the UK that they are unwilling or unable to see the transformation & reinvigoration taking place at Infrastrata.
This acquisition is not the last part of the jigsaw but it demonstrates our CEO's strategic planning & strength of ambition.
NMCN - The acronym of North Midland Construction, has had a massive fall from grace. Not alone above contractors of course but yet to have the recovery being seen in the likes of its larger peers such as Galliford Try.
This is mainly due to the accounting irregularities that dealt such a blow to the SP but that now seems to be behind it. Also we now have the appointment of a new CEO with a sound background in the sector.
Run properly & with a low market cap this company could, imo, recover strongly. So do not be surprised if unfashionable NMCN is one of the better percentage winners over the next two years or so.
Geothermal: Growing pipeline of potential projects
Hydrogen: Progress on the JV
Oil: Growing production against a backdrop of increasing oil price
Onwards & Upwards - that is all i have to say.
Strange SP reaction to a confident RNS. I guess that this is a reflection of current market nervousness.
Other than that my thanks to those posters on this board who are bringing industry specific knowhow to the table.
For the sheer audacity of Aeternum's actions it should change its name to Chutzpah, list on NASDAQ & launch a takeover for Apple!!
This is a 20% shareholder who signed an agreement where the fundamentals have moved in their favour in the time since signing and who fail to meet the obligations of that agreement & then bite the hand that has fed it. Utterly nefarious.
So what is behind it. Well, assuming that they still hold their shares in Asiamet the most likely explanation for lashing out is to focus attention on the inherent value of Asiamet & to shine a light on their 20% as being available for sale as a launchpad for a bid.
If, on the other hand, Aeternum is guilty of criminal acts then they must be held accountable by all relevant authorities.
..... yes, something is happening to ADT.
Kicked off today with a large backwardation of Bid 142 - Offer 126. Large early uncrossed trade & a string of buys leading to a significant rise in the SP.
Certainly this has appeared on someone's radar screen.
.... yes, something is happening.
Backwardation; Bid 140 - Ask 126
Not just 'under the radar' but pretty well 'off the screen'.
Just 15 posts here over 3 months & for a company that is a real gem [imo].
Adriatic does not attempt to ramp itself. Just gives detailed RNS info at appropriate times.
A mid-cap miner in the making. One which will throw off shedloads of cash & be in a position to be a major dividend payer.
Takes a bit of effort reading the RNS' to fully understand the outstanding potential of Adriatic but well worth the effort.
Not sure where I saw this, or maybe I dreamt it.
But I have fixed in my mind that an update is due on Mon 1st Feb.
If & when it comes I fully anticipate it will be broadly positive.
Petrofac; Surely a potential target for the Reddit / Robin Hood vigilantes. I imagine that their screens will unearth this soon.
So shorters beware & adventurous traders be aware.
Regardless of this i reckon there is significant value here.
Hallo Mervvv: I did say that it was my "guess". Based solely on the 15 Jan RNS that Schroders had gone from 7.66% to under 5% & that the SP has been trending down over the last week or so indicating a persistent seller.
At the end of the day, as for any stock, the fundamentals will determine the direction of travel.
Mu guess is a large share dump by Schroders today.
But the good news is that this supply drag on the AFC share price should soon be over.
This is what Diurnal does so well, patiently building a significant pharma company. Today's move into China with Alkindi represents another territorial expansion & sets the scene for a seamless entry of Chronocort once the regulatory approvals already in the pipeline are received.
IMO an excellent addition to any "buy & hold" portfolio. Just buy & lock away & watch your money grow. And, some years down the line, expect a takeover by big pharma at a level that will make your eyes water.
Exploration activities require funding & funding = dilution. We all get that.
Fundraising is almost always conducted at a discount. We all get that.
But why, in addition to a discount of nigh on 20% do the placees also get a 1:1 warrant at NIL premium?
This represents contempt for PI's. Like throwing a drowning man a lifebelt with a lead weight attached.
Difficult to overstate the importance of this rns.
---- but "oldblue" it works just the same if you are investing £800. The metrics are unchanged.
I am not very forgiving of institutional highwayman acts of robbery.