Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I hold 1.2mil please add me. Thank you.
You misunderstand my friend. I brought in after Russia invaded Ukraine and post sanctions. At this point the risk was very clear to see. Just a risk vs reward situation for me at that point. Although the risks where extremely high at that point so where the potential rewards. I had no other inside knowledge into the future what so ever. I was just betting on better relations with Russia within the next decade or so. Everyone had the same information of the risks at that point. I decided to buy. it just didn't work out. I was/we where trying to make a profit from market conditions. That's what we all try to do. However my original point was its a shame the workforce now have their jobs at risk just due to geopolitical policies. They had no choice in the matter and are totally blameless. we however are making conscious decisions based on constant information streams. We can buy sell at will (up until yesterday) we are responsible for our own situations.The workers are not. to that end my heart goes out to them and their families.
Yes it’s an obvious risk just because of the Russian connection. Even though the company itself maybe fundamentally sound anything connected to Russia carries a risk.
Yep, I brought in after sanctions as a punt, I did the same with Evras. Both very very high risk. This one didn’t work out and possibly Evras won’t (although trading has halted the company continues to operate profitably). However the potential upside was worth it. Hopefully we will get something back on POG but the RNS suggests otherwise.. Everyone who continued to hold after sanctions knew the risks . It’s a shame but that’s the gamble. The suggestion i’m decamping a share you can’t trade anymore is somewhat strange! But I can imagine feeling are running high so if my opinions have offended you I humbly apologise.
Looks likely that shareholders aren’t going to get anything from the liquidators which is a shame. But we all knew this was a high risk investment. I do however feel for employees. Hopefully they can all be found new jobs.
There is no doubt these are extraordinary times. We are either entering a new world order with Russia becoming more and more isolated or is the last throw/s of the dice for Putin. Who knows. I do however feel this is undervalued even with the obvious risks attached andhave taken the view to average down with profits in the hope a couple of years down the line my kids will thank me. DYOR and good luck whatever route you choose.
Nothing really for us to do here. This could go on for quite sometime. I suppose it's possible it could be listed on another market but I'm not sure who would want to touch it at the moment, and even if it does if you hold shares in an ISA account they would need to be transferred into an ordinary acc. its also feasible that the Russian government could seize the company and its assets but I don't think that would be realistic option (hopefully). Sit tight guys and hope for the best in the long term.
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Hope everyone is well. Looks like a lively but friendly board. Just brought in this morning. This has looked far too cheap for far too long (IMHO) Looking forward to what summer/September brings. This does seem a fairly safe bet now (again IMHO)
Been waiting a few days to to up to an amount that is devisable by 20 (for no real reason other than neatness) Seems the perfect opportunity to me. Obviously some very itchy trigger fingers out there, but keep the faith guys......
I wouldn't worry too much about the share price swinging as it has done in the last few days. These are volatile times and everyone has a bit of a hair trigger wait for any news, good or bad. But this share has dropped SO much since the IPO I believe all the risks have been more than factored in. Keep the faith, hold and if you can have a cheeky top up. In 18 months time and you will be kicking yourself that you could have brought at this price and probably on a Sunday afternoon while watching the Aston Martin SUV safety car lead two Aston Martins around any given track IMHO.
Love the spread on this, it's so large if you listen carefully enough you can actually hear an echo.