Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
InvestorACE - too late, I invested in HE1 last week. I've bought into that Share twice now in the space of a week. My first holding was for three days and then I sold with 150% profit. The next day I invested again but pulled out the following day with 10% loss as I thought it might tank. Now, if I had waited an extra day I would have made a 10% gain instead of a 10% loss but hey thats how i goes sometimes. HE1 may still have some legs but I agree it's a bit risky at the moment but still keeping an eye on that too.
I'm not sure who valued it at that, but I'm subscribed to Simply Wall Street and they value the company at £0.006 per share, which would give it a Mcap of just under 600,000K. The SP will always go up and down and doesn't always reflect the true value of a company. Before the rise on Friday this company was valued at under 15M, and this is solely because of its high debt. Without such a high debt then yes you may get 500M for it but not in it's current situation. Without doubt the SP can climb to £1 next week, market sentiment not market value will determine that. I'm not trying to be negative, I'm just looking at the situation for what it is and giving my honest opinion what I think the company is worth if it was to be sold. Nevertheless, I hope we all can make a profit here so wishing you and all fellow investors the best of luck.
Musk15 - Your the one talking rubbish mate. All I'm doing is stating that if there was a takeover bid, all this talk about the company being worth 500M is absolute pie in the sky. No way is a company going to pay 500M for a company that is half a billion in debt and has only 450M worth of assets. If you do the maths the company has a negative equity of -50M.
Now I didn't say the SP couldn't rise, of course it can, it just did didn't it? The SP is not only governed by market value but also by market sentiment. You say I missed the boat, but just because I dont value the company at 500M doesn't mean I cant have a flutter. I will certainly be keeping an eye on developments next week and if the opportunity arises I will still jump in. There are still opportunities here to make a buck, but to say the company is worth 500M is absolute rubbish, and for you to suggest otherwise shows you have a lack of understanding of how a company is valued, or your just a prize ramper.
I have first hand experience as I was one of those that got burned heavily at Cineworld. That was a harsh lesson, to not get involved with companies heavily in debt. There is a slight difference with this one though difference with this one though in that they are not as heavily in debt as Cineworld were, and also they have interested parties willing to buy out the company. Definite opportunities here but you have to be very very careful with this one, this could fold at anytime and the first losers will be the shareholders. Will definitely be watching how things develop here thats for sure.
Those charts can be wholly inaccurate at the best of times, but I do agree. Most AIM stocks are on a downward trajectory, but world and news events always tends to turn it bullish again. But that never lasts for long and the downward spiral starts again.
I love AIM but you have to be very careful and stick to your methods. Don't trade every stock you see, just the ones you like and that has potential. I've had my fair share of losses and wins. Overall though I'm well up. Been doing this since COVID 2020. I bought HE1 last Thursday and sold yesterday for 150% profit. Bought back in again today. I just love it, nothing gets the adrenaline going like trading.
I feel for those who are down here, but surely you should be averaging down now. There's a good chance you can recoup most or even all of your investment. If Helium is found to be at high levels at the site, then this is really going to take off into the pounds. Helium is one of the most sort after commodities in the world.