Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Quite agree, the European Manufacturers simply cannot afford to allow the Chinese Manufacturers to totally dominated the EV space moving forward. It is also clear that the European Union financially and policitally cannot afford to delay this project any further, we simply cannot afford to allow China get a foothold in this market.
Anyone who thinks John Barr has in fact gone only needs to have a look at today's RNS, the plan has always been to run this company into the ground and pick what remains up for a song.
It's time for shareholders to fund a private action against John Barr via the UK courts.
I would warn everyone to be very careful moving forward while John Barr is still involved either directly or indirectly, he has a track record of seriously damaging shareholders wealth, should he in fact be stuck off???
Just remember the devil is in the detail ref the latest update in this corrupt saga, John Barr's other executive contract apparently has a six month termination period.
Andy Carroll hopes to remain in situ as a mouth piece for John Barr during this period, he should also be removed ASAP in my opinion.
In my view the most striking aspect is the breathtaking arrogance displayed by a man so suffused with his own high opinion of himself that he has no inkling of how is actions are perceived by the majority of shareholders. John Barr must be removed urgently before the receiver is brought in!!!
This is and always has been a Ponzi Scheme funded by Death Spiral Finance for the benefit of John Barr and his Cabal, current shareholder's should ring fence the Australian Asset's and legally personally persue the Director's for misappropriation of Company funds in my opinion.
Everyone here with any common sense knows that this company under John Barr has become unfundable. So let's call a spade a spade, shareholder's must call an urgent EGM and remove Barr and his Cabal.
Great news!
Yes, seems like this BOD's don't like facing up to facts, with reference to taking responsibility for the abysmal performance of Mosman over an extended period. Well I've got news for them, the majority of shareholder's are not going to approve the proposed destruction of long time shareholder value.
Looks like the market is valuing the US asset at zero, probably correct as it has never made shareholder's any bottom line profit and the BOD's have never produced meaningful cash flow projections. Why trust the current BOD's to negotiate the future of the Australian asset's??? for the benefit of current long term shareholder's!!!
What's the difference between a tweet and a RNS---Credibility - - - or the lack of it. Just for the record Gross Profit is not Nett Profit if your cost's are greater than your sales its contribution to your cash flow is zero, hence the reason for death spiral financing and further delusion for genuine shareholder's, no wonder F/F-John Barr were in favour of consolation, to cover up total past mismanagement of shareholder funds. Don't gamble away the Australia asset, kick out this current BOD's ASAP.