Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
The fact that some are closing means they feel there is a bottom rather than bust, otherwise they'd be holding or adding
The difficult question is where that bottom is.....
Taken a position here, some large print buys and just one for 600k now, imagine some of them are closing, the tracker will be of interest on Friday
Hopefully see a swift return to 40s pending the TU
All IMO
I think its more to do with the wider market looking rather surpressed today... being pretty much top risers (Aside from a few dog shares) and holding a 20% rise is still impressive, SQZ and NEO are no jokes when its comes to NS.... this will slowly re-rate unlike the spike and dips before (due to funding etc etc), complete de-risked and free carry now....
Today's RNS is the difference between a 100% rise and fall back due to the other 50% of funding... vs a slow and steady SQZ type rise (see what i did there?)
All IMO
Take your dirty cross ramp elsewhere.
All in all a solid day consolidating and holding the rise, what that usually tells you is that they will take it higher slowly and keep it there as opposed to a big spike and fall.
Should easily be in the high £3 already, but happy to take 20% each day for a while
All IMO