Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
You nailed it Heps with the new thread. HR’s post is considered and very cleverly worded. However it will be the replies to that thread that get the whole thing deleted. Which is a great shame, but it can be posted again.
Heps my view after reading their RNS is it’s very cleverly worded. Also if it was just share price performance they was concerned about then getting entire threads deleted isn’t going to get sentiment returned. Another very clear RNS leaving absolute no doubt of their intentions would.
I'm really pleased they made that announcement, as I was struggling big time to work out what was what. A disgruntled major shareholder disappointed by price performance and dilution. Or so it seems. If that has always been the case, I don't know, but we know where we stand currently. Major tranches was bought at 7p, so there's only one direction everybody wants the price to go, if that's with or without the chairman then so be it. Can we take a break from the CP and concentrate drilling :)
MP previous WR wells have had drill costs taken off from % back to government, not seen anything on new drill to either confirm or deny this. Looking at taxes that Schlumb paid on their asset, I don't think they had as good a deal. The latter is something that the CEO is defo great at.
I've no idea what's really going on. I don't even understand what 7 is all about.
I note they said 6 months to respond. We could have 1 well in full production and another quite away along the way in that time. However, I don't see this taking the price high enough to make any takeover attractive, not for my target price anyhoo. So as well as addressing the concerns of major share holders, the board needs to also address those of PI's and put some clarity on where we are at. Some people you can trust as far as you can throw and to be fed crumbs from their vested table without a measured response is playing right into their hands.
Never a dull moment.
In the para’s it didn’t stop at sweaty socks, and it came back with interest but that was banter. We are all in effect sharing a room with strangers here so it’s the grown up thing to acknowledge what’s not acceptable and move on, likewise most time this offence is caused from a position of limited experience so should be understood and forgiven sometimes with a little education. I’m actually half 100% Scottish and I’ve seen the family tree back to the 1600’s. The other side is 100% Irish and mad as a box of frogs. Proud to be a geordie \o/
Depends on the subsurface, what’s being drilled through, every location will be unique. The head did look impressive in the pic. Sounds like we are below the water table if the cementing is going on, looking at our history this is key, more important than how quickly we got there.