Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
IMHO
I have said many times on here recently that a call for funds will happen in H1.
But it must be a placing/financing deal.. We must not give anything away in a JV
before the P2 trial results are known... I actually think we may avoid a raise if we
cut our staff numbers and the rest took a 50% pay cut. RM made a mistake taking
on staff before the SPRINTER results, and a bigger mistake not letting them go as
soon as their contracts allowed that to happen.. So much money from the placing
has been wasted.... But it is not too late to start looking at what is essential and what
is not....... We could be a year out from getting our results finanlised... How many
millions could we save in that time..????
Spacman
Until we get conclusive results from our P2's we are worth pennies...
It is not in our interests to do a deal before results, if we need funds
it will have to be a placing or financing deal... Or the staff could be
cut by 50% and the rest could take a pay cut.... over the next 12 months
that would save millions... It should be done IMHO!
Agreed!
Toxic posters who have not got a clue what we have discovered or its potential value..
They are traders who cannot grasp why we are not trading at the placing price...
Strong buying today around 2.10 GLA!
Many on here a dreaming that HE1 may drop to the placing price....
It is not going to happen, there are 2 reasons for placings..
1. A major breakthrough, and funds needed to monetise the opportunities it brings! (The good one )
2. For working capital, basically no sign of being self funded in the near future (The bad one)
In the case of No.2 the Sp will most likely drop to the placing price...BUT
We are No.1 so it is a completely different scenario... You need to understand the difference
if you want to invest!
I normally enjoy a debate on these boards..
This stock is a very rare opportunity to make a life changing return..
Many on here see that.. But like many boards on this site it is drowned
out by trolls..... Anyone invested now is going to make a very significant
return.... Believe it.... You have found a once in a lifetime stock...
GLA1
Tommy
A proven track record IMHO means passing a P3...Commercialisation !!!!
You mention the ACTIV programme... Glad you did... What happened??? NOTHING !!!!
We never had an explanation why we did not progress to a P3.. RM could not pull it off !!!
He said they were in regular contact, we all thought STRIVE was perfect for SNG001...but???
Aether
RM does not have much respect from PI's. I would not back a placing with
him at the helm, but if someone with a proven track record came on board
and wanted to raise with the prospect of not needing a JV to do another P3
that is a whole different ball game...!
@jint
I have always agreed with the view there are many possibilities here..
But they do not materialise without vision, funding, and meticulous design/planning..
SNG have wasted so much time that it is now our biggest threat to success...RM/Our Board
sat for too long waiting for a free trial to fall in our lap... When it clearly was not going
to happen they had to come up with a plan B... When they should have actioned something
after they had the deep dive results, and a platform trial would have been a bonus...The
mismanagement here has cost us all dearly.If RM went and we could attract funding to
potentially do another P3 and wait for further patents then there could be a turnaround
in our prospects.... VAL PI's have shown it is possible to implement change...Just what we need
IMHO....
Last weekend there was some worthwhile discussion on here, with
some really well researched posts. Now we have our discovery and the board
is ruined by a few with no interest in what is happening right now. Rather
than indulge them and bury the good posts, use your filter button... They
will go if they are not getting any attention... Great times ahead as we
embark on our journey from discovery to commercialisation. GLA!
That is modest IMHO..
We have the find, the funds, the rising market place, about to go commercial!
1.5 BILLION shares traded in a day last week.. There are major players taking positions here.
We have nearly cleared those in at the lows, and a susutained rise will happen now as the news
is reported and we become a commercial enterprise... 10-30P short term IMHO!
There is a flow of substantial news due...
The stock has attracted trolls and those who hope news is weeks away
so they can exit other stocks and take a position here...Use your filter button.
I think news is close, next week most likely.. When it lands we will never see
these lows again..IMHO!
After the market closed today VAL issued this RNS.. (Friday 9th Feb)
ValiRx plc (the "Company") (AIM: VAL), a life sciences company focusing on early-stage cancer therapeutics and women's health, announces that it has received a requisition notice from a shareholder group proposing certain changes to the Board.
The Company is seeking legal advice as to the validity of the requisition notice and a further announcement will be made in due course.
Of Course you are Tommy...
I am more interested in knowing have we applied for approval yet,
have we confirmed sites, are we trialing in the US... Nothing matters
here but passing out next P2's and making sure we get started before
the wages bill eats into the funds for trials... RM has achieved NOTHING
during his time as CEO... I bet if any LTH were told after SPRINTER failed,
Imagine this....
That 2 years later RM would not have secured a P3 Platform trial, and
had gone back to P2's and you will still be waiting for a start date,
would you still want him to stay on ? No is my bet.. If we do pass
do we want this useless CEO to be the one trying to get us a great JV deal,
with his track record I would say absolutely not.. He got nothing out of SPRINTER
despite telling us how great the Deep Dive was, some CEO's have deal making skills
and some do not.... We should have got another P3, if we had our future would look so
different today!
Bumping this as Tommy is trying to bury the subject....
After the market closed today VAL issued this RNS.. (Friday 9th Feb)
ValiRx plc (the "Company") (AIM: VAL), a life sciences company focusing on early-stage cancer therapeutics and women's health, announces that it has received a requisition notice from a shareholder group proposing certain changes to the Board.
The Company is seeking legal advice as to the validity of the requisition notice and a further announcement will be made in due course.
Doc83
We know from your experience that making the effort to go to the AGM and
raise concerns to the Board face to face, does not actually make any difference.
The frustrated shareholders at VAL have taken action, and that has been reported to the market.
After RM's new year message on LinkedIn last Jan (2023) it was clear no progress had been made,
when we were all waiting for news of dosing patients, as RM had lead us to believe at the AGM 2022.
At that point I suggested on here we should call an EGM and got shot down.. Now nearly 2 years
after our last trial, we are still waiting for something "concrete". with the same lack of communication
shareholders compalined about. I do not trust RM, the longer he draws things out the longer he
secures £350 K a year for himself...Other Board members are free to work for other companies,
like Dyson as confirmed a few weeks ago in SH's open letter.. We can share our frustrations on here,
but should take a lead from VAL shareholders and do something. IMHO!