Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Why all this faff re taxation of dividends? In many jurisdictions, payouts from capital reductions are treated like dividends.
Why would a company even care about the potential tax status of its shareholders?
Is all this trustworthy?
Most of published 'research' does not qualify as independent.
Maybe the BOD could explain as to why these services are necessary?
Not that I don't think that the company is well run. Au contraire!. But is this distraction (and expense) necessary?
Indeed Quiggers,
Let's see where this bottoms out. They've been operating successfully at these levels before. I don't mind if other miners pack it in.
Am happy with that divi. Better than anticipated.
Best
I don't see this issue as one that endangers the intrinsic business proposition.
Yes, I'll wait.
In the meantime, it could be a welcome opportunity to increase or take up positions at favourable valuations. One seldom has that opportunity when everything is smooth sailing.
The decision is up to the investor.
If the business is broken, then selling is rational.
I see this as a temporary adjustment. Thus I hold and consider topping-up opportunities.
Time will tell.
Dividends are tax-efficient means to draw a salary. Given the size of the shareholding from the board, I would not discount the fact that they missed the deadline for special dividends.
In my books it merits a bit of patience up to July.
It is more realistic to work with existing infrastructure first, esp at the levels we depend on it.
See Warren Buffet's thoughts on this matter.
The low hanging fruit is with tighter emission controls (not just cars, but also power stations and industry) and near zero carbon synthetic fuels (these are tested in aircraft as we speak).
Claiming that toys with a huge upfront carbon footprint are the solution, is irresponsible.
Be grateful for the opportunity.
Is the company broken? no
Has the ownership skin in the game? yes
The boards salaries are quite low. Dividends are a tax efficient upside.
Companies go through cycles beyond their control. Me reckons they have staying power.
You won't get shares cheap unless there is some minor disruption.
Indeed dubzy
And whilst they were at it, they also explained that they did not anticipate these high levels of prices to continue ad-infinitum, ergo the cash balance for situations just like this one (or the one to come)
Sylvania is still a relatively small company, with plenty of room to grow/expand. It's a bit of a leap of faith, since it depends on how well it is run. Thus far I was quite happy with how well the business is managed. The BOD has my full confidence and support.
Leadership counts.
As far as my take on the future is concerned: we would need to see a lot more will to build infrastructure to replace ICBs (so far it's lacklustre). There are many questions regarding the feasibility of moving the economy onto EVs in such short space of time. Supply of raw materials and the associated high environmental costs of their exploration are another.
I would not be surprised if eventually higher emission standards are rolles out, forcing existing ICBs to upgrade their catalytic converters as well as stronger emission controls on power plants (and other relevant parts of industry).
The time frame quoted by governments is unrealistic. Governments were never competent and efficient. Why, all of a sudden, should they be now?
So I keep holding and adding judiciously when prices are tempting.
Https://www.edisongroup.com/research/chrome-ore-and-pgm-treatment-joint-venture/32591/