Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I personally think RY has made enough from this for basically doing sweet FA.
He was also happy to sell us down the road to ensure he would be ok going forward.
It wasn’t the offer that’s the issue, it’s the way it was structured to benefit him.
No one knows what’s gone on in negotiations so we didn’t know if it’s the best we could get but it should have been an outright sale with all proceeds going to share holders.
I wrote this off years ago and I think RY has had enough of my pension.
Im not getting into an argument with you Jez.
What ever you say it looks like we were given bad advise from our BOD.
Only time will tell if it was or wasn’t.
Maybe RY believes that was the best he could get for the shareholders or maybe it was the best deal for him.
Let’s wait and see and not go all Rambo on a BB
Release the TEO, you can't hide it from investors forever.
Good or bad it will eventually come out and you will be judged on what it says.
Crawling back in your hole, drawing your wage and pretending nothing has changed won't work anymore.
Either put something out or go, there's no other option for you now.
Your not wrong Roger.
They know that after this they are in-investable and any company would suffer if they took them on.
Hence the cunning plan…..
Sell the company from under the share holders feet, give them a pittance and keep the rest for a future project.
That would’ve probably have involved renting a field next to a pig farm somewhere in Russia for £50 a year.
Employing an old lady (who smells of cabbage) to walk around poking the ground with a stick looking for unicorn s h it.
BOD take salaries until all the money has gone then sack the old lady and shut the company.
We’re watching you Robin …………
I can't believe that some people are actually saying they would be happy for RY continue after this pathetic show.
Anything less than 7 or 8p full sale is a failure of the BOD to do their jobs and even that is a joke. How many years have they milked this company and produced nothing for the shareholders.
If RY and the rest of them want to go forward they need to prove they are fit to hold the positions they are paid handsomely for, not just keep kicking the can down the road, making lame excuses and blaming everyone and everything for their incompetence.
Nomad should get involved now and Aim should suspend the share at least until the TEO is released.
That way the market know the potential value of AMC.
This sticks of back-handers and insider trading and our nomad are sitting about doing sweet FA
We won’t see the TEO because it shows what this is actually worth.
The buyer will have seen it though.
Why is aim and the nomad allowing RY to give this away ?
The share should be suspended and RY investigated.
As a minimum he shouldn’t be allowed to sit on the board of any company after this.
Kira song,
How sad (single tear emoji)
https://m.youtube.com/watch?v=pbwqAYBio70