Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Poor moniman has bored everyone to death with his repetitive inane deramps there's nobody left to argue with!
For the dregs that are left and can't read an RNS:
- 1st December is not an arbitrary date it is when Shell must cough up £5.1mil if they want to hold onto Victory
- As per EIA submissions portal it doesn't look like Victory has been given the green light YET (well done UKGov that's real 'fast tracking' of a project)
- A full rebuttal of the specious requisition will be provided by S&S next week and a date will be called for the GM
- Rumour has it S&S are swapping the ferrari's for lambo's in anticipation of big things happening over in Italy!
Now now percy please don't lie and try to deceive. I said a sub £12mil listing with £10mil of cash and large holdings in several valuable assets is a fantastic proposition. I've said many times S&S performance to date has been dire so your comment is just outright lies.
And there is EVERYTHING in it for me - I actually hold shares in the company so I want to see it succeed unlike the majority that post here.
Enlighten me - how is the company 'destroyed' when we're 1 week away from minimum £5.1mil cash injection. Plus another £4.4mil after that. Let's keep this super simple so you can hopefully understand. RBD as it stands is a sub £13mil mcap listed entity which will soon hold over £10mil in cash with no debt. THAT IS A FANTASTIC PROPOSITION no matter what way you look at it and that's before you even consider the assets the company also holds significant stakes in. You're burned, you're bitter or your just plain stupid.
Unfortunately Kamran Sattar/Kyle Shyster my work here is entirely voluntary but fear not for it is also temporary. I'll be sailing off into the Humber when the requisition is over and S&S trounce KS (you? maybe...) once more.
My true colours are this - I've been an RBD holder for many more years than you and I want the company to succeed for the betterment of my own personal financial situation. That's a lot more than some on here can say (or spell).
In the grand scheme of things it doesn't really matter what a few narcissists/delusionists copy and paste on here - most don't have any interest at all in RBD so won't be able to vote but those of us with substantial holdings can make an impact and I feel it's important to provide a counter argument to some of the drivel flooded on this board. It's also quite fun taking apart the idiocy. I look forward to you leaving on Monday roll on that £5mil!
Crikey one minute you're not a long term holder next minute you want me to go 4 years back and do your research for you!
Long term holders should be fine here assuming West Newton doesnt turn out to be a 'Colter' (that far back enough for you?) and of course the wannabe incumbents are unequivocally rejected as they were during last years festive pantomime.
I look forward to the return of operations at WN and the continued appreciation in share price. Cya!
You've lost me with 'naiivity' mate not sure what you're trying to call me.
You've also lost me with your factually incorrect ramblings about LTIPs at 'much higher levels'. Let me do the research for you.
2021 amended to .5p, .75p, 1p
2022 amended to .6p, .9p, 1.2p
2023 cancelled previous options, new options vesting at .475p minimum, .76p, 1.14p for comparison with previous years (straight line basis above .475p)
Hope that helps you're (lack of) understanding!
Their intent regarding salaries and share options? What does that even mean. They are paid a salary, extortionate like 99% of all other AIM directors, and they have share options that only fully vest when the share price is at 1.14p which is some 750% higher than current price. All seems pretty bog standard to me, in fact the vesting conditions on the options are actually very challenging from these levels compared to some of the ACTUAL free giveaways you see elsewhere. Personally, I like them - it incentivises the board to get the SP up.
We can agree historic performance has been dire, but in the short time I've returned to this cesspit and backed RBD as a buy the share price is more than 50% up so I'm delighted with that. I guess it's all relative though and I imagine you're well under water based on your constant, repetitive ramblings about how awful S&S are.
@Moni moni moni still harping on about fantasy free shares I'm disappointed you weren't able to learn from yesterday. Try googling share OPTIONS please it will benefit your understanding.
We did - this morning.
Big Steve's got a job to do here Kamran say's hes not allowed multiple directorships (we'll ignore the fact he has also proposed an active CEO as Stevies replacement!)
Well done Heid Hayhurst you're only a couple of months behind! No need for the 6 posts all replying to yourself but ever the narcissist at least you're starting to see the light! Colle Santo all sounds very exciting doesn't it! Not just LNG but Hydrogen and carbon capture! Some would say a 'poster boy' project representing Italy's transition to a greener future. What a fantastically timed entry into the project by S&S who have been following the story for YEARS unlike your fine self.
@Watts all fair - you should put your points to Sam at Camarco he is responsive (in time!)
@Macbook again, send your concerns to Camarco. S&S done an investor pres last year so hopefully we'll see the same again this time around... I've had several direct Q's answered by the much loved co-CEOs.
@moniman we get your point mate you don't like the LTIP scheme. PLEASE don't feel the need to remind us every 5 minutes about it. On the contrary, and I hope you understand this, the LTIP awards only fully vest when the share price is 6 TIMES HIGHER than when the options were granted (call it .19p). That means for you to be fully enraged and the recipients to receive their full allocation the share price has to reach 1.14p. And they don't vest until 3 years and 5 years out. And they haven't cost the company a penny to date. And the last lot of options expired so didn't cost a penny either. So all in all they act as a great incentive for the BoD to get the share price up whilst not costing the company a dime (as it stands). If good old S&S manage to get the share price up to 1.14p again then they can have as many options as they like - even Kamran will be in profit!!
@JD - thanks for the response. I agree with all you say RE S&S underperformance but voting them out does not fix the problem if you replace them with even worse candidates. RE the £4mil return to shareholders - this still has to happen. Yes the buyback so far has been a damp squib but there will be more to come post Shell monies. On Colle Santo, I tend to side with the company rather than 4th hand information from KS, translated by Count Cattanea, then released in snippets by our favourite narcissist Heid who feels important as Kamran has taken the unbelievably unprofessional and quite frankly embarrassing approach of using heid/him/her as a loudspeaker. Let's wait and see what S&S have to say in their rebuttal.
@Paul - RE Cattanea... so in conclusion a proven value destroyer.
@Heid owning a OnG company (who's value has been decimated btw) is not a sane reason to vote someone onto a board. West Newton is getting drilled without KS and co - they are not required to progress WN. Do you get that? West Newton always has been the main priorty, it's just taken an age to progress due to the well known history. Operator + partners can't speed up EA for example - but you know that.
Nice to see the rookie requisitioners have taken my advice and added some shares at these paltry levels. Pershing now holding 8.17% only another 42% to go Kamran get your wallet out.
A mere 6 days late with the 2nd attempt at a requisition... must've taken that amount of time for Dr José Ramón López-Portillo Romano the latest member of the motley crew to sign his name!
I wonder where they found him... maybe kamran misspelt "portillion" and stumbled across this fine Mexican on google!