Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
So just to summarise:
Bc2020 - you think this will do well (FACT)
LPD - you think this will do well (FACT)
FI - You think this will do well (FACT)
And you are basically arguing about when? Which is of course OPINION (DAFT)
Somebody needs to bring some biscuits back and while they are at it put the kettle on. Relax, we're all heading the same way.
Personally I think this weekend (BH) and the week or 2 weeks following (half term) are quite important - now before FI jumps on me - not for seeing this jump up to 120p or something silly (which we might all hope for but let's just be honest, it isn't the likeliest of outcomes - but also nothing is impossible with Cine, so by all means hope, cross your fingers, avoid black cats etc.), but I see it more as the real start of things to come.....and will be followed shortly by the first of many blockbuster movies this year.
Yes we opened on the 19th and had a great weekend with PR2....but personally (my opinion) I see this period as the foundation of the weeks/months/year ahead for Cine to build on - so quite important, but not likely to reach it's real potential off the back of it, but should at least start building towards that.
Exciting times ahead!
To be honest I'm just happy the volume has gone back up, as long as that stays up then we'll be just fine.
To point out the obvious - if it never dipped we would all be millionaires - or more likely, we wouldn't have been able to afford to buy in in the first place....hmm...maybe dips are good sometimes..
That's what I like to see!
I think we should all expect cases to rise (we're mixing more - so common sense really), especially with the surge testing and the random population tests....but I don't see that being a massive problem to be honest.
The key is going to be the 2 weeks after they have risen significantly, and what the hospitalisation/death figures are then (hopefully they'll be very low, and not just for financial reasons).....if at that point they are still low then I would hope it would fade away into the news archive with no more of the daily figures needing to be reported, and then it will just be another virus like seasonal flu....and it will be at that point life will truly get back to normal.
Like I said FI, all fair points.
I think sometimes it is just reassuring to hear something (sometimes anything!) from the company you are invested in. And when the SP is down, a little reassurance to the market can go a long way - and yes the market overreacts and sometimes acts like a petulant child spitting it's dummy out....which is exactly why sometimes it does need a little handholding.
I am not criticising Mooky (don't think I would dare, I see how passionate you are about him ;-)) - and I totally get he is a busy guy. Like I said your points are valid. And to be clear I am in agreement with you, any impact to the SP would likely have been short lived, so wouldn't really have changed any of our positions in any major way (if at all) - but it could have (with a big positive spin) improved confidence, regardless of the already known facts.
Thanks Bonkers.
New compared to some, originally jumped in back in February, but topped up a couple of times since - and each time it dropped like a lead balloon within a day max (so my timing is all off with this share), but (so far) I've gone back into the green not too long after too. So yeah I take some responsibility for this latest drop, my last buy was on 12th @90p - you can imagine how much I was kicking myself the next day - could have got more for my money!
So for the good of all LTHs I promise no more topups from me (plus I'm out of available funds, so don't really have much choice).
I don't usually comment unless I have something I want to say.....but I do enjoy reading all the comments (for the most part), definitely one of the more interesting and welcoming boards.
Seems to be a lot of folk sounding worried today. I get it, the SP is down and no investor (other than a shorter or somebody wanting to get in lower) wants that - it's frustrating - and that is a word used a lot on here since the highs of March. But this is how the game is played.
Even if this was back at the March levels today, I wouldn't be selling (would you?)....this will go up, and higher than it did in March, there is very little doubt about that, it is just a question of when, and I think that will be sooner rather than later, it's all very nearly over (at least in the US and UK) and back to business as usual!
Look at the price in June last year (c£1), that went down to the 20's by October and stayed around that price for about a month or so, before slowly climbing up - we're in a much much better place than that now, and we've only been in the 80's for a week (that's right ONE WEEK - although it may seem longer), this will climb again!
Lack of RNS is again frustrating - some might say mooky isn't here to wipe our arses or hold our hands and he is busy - all fair points, but the other side of that argument is; isn't that part of his job to communicate with shareholders, as he ultimately answers to us - so to me it is a valid frustration, one I felt myself. That being said, what impact would it really have had this last week....probably little to none, the market has had bigger issues than to worry about if we have opened our doors - and we're not alone - even if the MMs have taken the **** at times.
Hold tight, it will make it's way back up, it just needs a little time and we are very nearly there (relatively speaking from where this has come).
I totally understand these are different beasts, and also that one is being manipulated by the redit crew, the other (in my opinion) by MMs.
...but if you just look at the SP graphs for both, between the 19th Feb - 7th May - the general movement is almost identical between the two, yeah the size of the peaks and drops may be different (redit/MM factor) but the movement and shape itself is almost spot on (or is it just me that sees that?)...until that is, this week - the week before UK opening - a last ditch attempt perhaps, using the interest rate fears as an excuse to push the price down way more than it really should have done, probably so the big boys can make their last chance moves!
To be clear, I'm not saying it shouldn't have gone down this week (with the rest of the FTSE on the interest rate fears), but to 82p yesterday and still sitting at around 84p today, when most others have recovered or are at least close to recovering???
I fully expect this to make its way back through the 90s next week, and to be back over £1 the week after....fingers crossed at that point the MMs will just let this go where it goes from there.
But to be honest, either way I'll likely wait to see where we are around October time and will review my position then, but no chance am I selling my shares for peanuts!
I'm starting to think (or again hope) we might just be a few days behind AMC - they took quite the drop before they had that 25% rise....we've had our drop now our day is coming, and soon - because everything is already there for it to be much higher!
It's got to be....any minor bit of news and they push this down for the likes of BoA to mop up shares on the cheap. We get the official 'we're opening' announcement from BoJo and it goes up a modest amount and is then almost immediately pushed back down.
OK this week there has been some **** news and it drops like a lead balloon, but way more than it what it should have done, and more than any of my other holdings - but the thing is, buys are repeatedly higher than the sells! They pushed this down to 82.06p today, but even they couldn't hold it there for long, and it's now slowly climbing again.
This has been held back for a long while, but noticeably so since the end of April, which was when we got the last 'Holding(s) in Company' RNS, which have been mostly coming through thick and fast all year - I genuinely think (or maybe it's more hope) we might have a big one coming after this week....a big increase in holdings, to show some big confidence in the company, and at the same fill whatever order it's been held back for.
Only my opinion of course.
I'm sure we can find you a condiment of your choice. ;-)
My first post on here...I have been quietly watching for sometime like a strange little stalker!
Got to say I have enjoyed reading a lot of the posts (I think the UP exit was one of my favourites), learned a lot, and some of your posts have kept me calm(ish), but I have got to say this is one of the most exciting shares I have held, the ride itself is worth the investment!
I'm now averaging 91p....would have topped up more but my other funds are all spoken for, some not doing as well as here, my only regret is not getting in earlier, hindsight is a wonderful thing!
Anyway, here is to hoping some of the big boys close their short positions in the next few days, can't really see the SP dropping massively any time soon now the results are out of the way!