Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Ford you are the only 1 who continually says the BOD’s are doing a good job. Why do you think everybody else isn’t happy? Because All long term holders, like myself are Down. Apart from people who bought just in when Georgia Energy bought into Ep155 and sold, everyone else is Down and the only 1’s who have gained out of this are the 1’s getting paid for a part time job., no matter how you look at it. They have had countless failures which get brushed under the carpet. I’m sick of hearing how pleased John and Andy are. I want say how pleased I am for a change. In all the 5 years I’ve been invested the share price as gone down 1/20th. I have not seen any shareholder value yet. You point out BOD are shareholders but compared to what they are paid, they’ve got their monies worth multiple times. 99% of LTH are probably down on their investments.
Ford would you be happy if the share price stays the same price over the next 5 years while John and Andy get a nice living wage for a part time job? Answers probably no, so think about the LTH who’ve heard how pleased they are and the share price has gone 1/20th of what it was with no return in sight.
So many mistakes/ bad decisions brushed under the carpet coupled with dilution but we’ll still hear how pleased John and Andy are. They would be they’re just about the only 1’s gaining from this company. Unfortunately I think the share price will stay stagnant because of a placement imminent dragging shareholders share value further down but we’re still pleased.
I agree digger, they can give time scales for rigs been there and completed so why not for the piping? That’s Not inside information.
I’ve found your comments always constructive.
There’s one who puts his rosey specs on all the time and that’s Ford. He obviously doesn’t know all the stuff that’s been brushed under the carpet. I hope the tide is turning, I’ve been in this for 5 years now and waiting so I can use the term “I very pleased”
Just a quick question and pick your brains. If the board get the resolution through with getting bonus shares at .27 ( correct me if I’m wrong). Then if the shares get consolidated above that price would the BOD get those bonus shares?
I’m sorry you can put smoke screens on it and say it’s to simplify the shares but I’d show my a$¥e in Woolies window that it’s done for future placing and more dilution. BOD have no care for LTH just to keep the company going so they can let us know “how pleased they are”. I started when the share was 1p and they’ve just diluted so I averaged down and they’ve taken it further down. They’ve had some good news but it’s always offset with bad. It’s nice to know they’re congratulating themselves for all the hard work but they are the only 1’s just about who seem to be gaining from this company.