Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I think so as well, but as I have been wrong before, I'm not sure I can trust my own judgement. I keep thinking another 6 months and let's see where we are, I'm hoping this next 6 months will see a clear path to production....
He should have stuck with saying end Q4. 3 to 4 months could mean November \ December or December \ Jan, either is ok with me.
However, previous unexplained and continuous slips in dates, or deliverables just going completely quiet, leave a very bad taste in the mouth. I hope those days are coming to an end, but ......
I guess they have gone from 100% ownership, but no real idea how to progress things to being a bit of a passenger to the majority shareholder. I listen to CEZ and EU more than KC now, no real idea of how Geomet are operating either
It's clear the drag of Brexit on the UK economy has been significant, what isn't clear, is whether there is a sensible plan over the next 10-20 years to undo the damage and provide the additional GDP growth to catch-up. Based on the trade deals done to-date, I'm not very confident.
Downside risk is certainly reducing significantly and gone by end of this year entirely. Risk now is being take out too early, personally I have been in this so long, I'd like to see it through to Production and Dividends, even if it means I will delay retirement and be too old to get in\out of that supercar I dreamed of.
@Blonde-ad using the steam engine analogy, we look like we are finally ready to light the boiler fire, then wait for the pressure to build. and hope there aren't any leaks or the boiler blows.
Just for fun.
Assuming there is positive confirmation up the DFS, not delayed from Q4 2023, there is no other material news between now and then (FID, permitting, grants etc)
My guess is £1.25 to £1.75 based on where we are now.
I'm happy to be underestimating, but hope I'm not over estimating.
Having been invested in UKOG for far too long, I have seen some ups and many downs. mostly around pump and dump cycles. Sanderson, and those before him, have failed to build any value over the years.
Not saying things can't change for the better this time, but I'm not holding my breath.
That presentation does nothing to help EMH or my growing uneasiness. I can't see any new investors being excited about this, if I was looking at EMH to invest now, I'm not sure I would based on the long running lack of progress against stated targets and continual marketing spin in the presentations.
I feel your pain, I have been in almost as long. I wanted to retire this year on the massive EMH profit I had hope to have by now, but it's going to have to wait. I'm still in profit, but feel a bit queasy with price now versus £1.
If we get to Sept \Oct and things are delayed again.....
Unlikely they will collapse with Swiss central bank support, however, they maybe other banks close to the edge and market confidence is now low plus pressure from shorting stocks. Hope we don’t see prolonged banking instability, that’s bad for growth and lending
Seems the vibes around the share in relation to (potential) EU action keep improving. On the other hand, we continue to see a lack of news and continually missed targets (spanning multiple years), on the actual milestones to final investment decision.
I had planned to wait until June and decide what to do, but will probably wait until December on the basis I have waiting years already. I'd like a chance to spend some of the enormous profit (I can still hope) before I kick the bucket.