Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Pinning everything this company has on an EL by a governing body that is built on timescales depending on wind direction and goat herding, its time MATD started broadening its interest and diversified away from the one trick pony of Heron. LTSH deserve better than a half arsed RNS explaining that mining industry are preparing to schedule a meeting to review a report that has been already reviewed. Tumble weed stock that is rapidly running out of money for wages of people waiting around?
interesting...https://www.bailii.org/ew/cases/EWHC/QB/2021/217.html
Share in issue and share hitting market are different. There no issuing more shares such, they want shares back from someone who has a direct holding in the company. It means they must inform her of there growth and direction its heading. Mira Makar will not want to sell at any low cost. Company will crack on regardless.
Who are we talking about, as according to the companies annual report last year, it sttod like this:
Directors’ interests in shares
The Directors who held office at the end of the financial year had the following beneficial interests in the ordinary shares of
the Company. No change has occurred between the year end and the date of this report.
1 April 2019 31 March 2020
A M Fulton 354,100 354,100
J C Rigg 4,509,400 4,509,400
S M Sanderson (left 04.09.19) 104,089 –
N E Burrows (left 19.03.20) 14,893 –
A Leer 155,379 155,379
C J Duckworth 13,379 13,379
T J Eckes (appointed 01.01.20) – 60,374
C M Rigg (appointed 01.01.20) – 100,000
Increasing workforce, growing order book, bigger profits and on the cutting edge of block chain involvement. Can anyone actually inform this board, what the real risks are here, as im just not seeing them? The share price trend is upwards imo. GLA
Listen, this has a huge spread of 16% most of the time that tells you MM need stock and are prepared to low ball the weak and sell high to the buyers. One think you cant escape is finance fundamentals, when they have more money and contracts in the bank with no help from any loans, bonds or capital funds. You know there cooking on gas. Its basically i prime example of how to take a successful ltd business into a plc. Just read the companies last statement, even they have said they expect better finances in next report that anticipated. Its a prone way of saying, were killing it and watch this space. Come June/july when both the sun and reports are out. Anyone who has got in for sub £1 will be laughing. GLA
I just picked up more of these. Im maxed out now, but im happy to hold these long term. I can see the return of £4+ by summer. a clear 25% increase from these levels for an online business that is having its strongest ever trading period. No brainer. GLA
Says it all.................
"Completion of the Perseverance #1 well will trigger potential funding points under the Company's existing funding facilities, specifically (i) the ability of the investors under the Company's conditional fixed-conversion price senior secured convertible loan notes financing facility to subscribe for up £12 million of additional notes (pre fees and expenses), and (ii) the investor under the facility announced by the Company on 14 December 2020 (as amended) to exercise a call option (the "Call") to subscribe for 187.5 million shares at 2p per share, which, if exercised, would see inflows of a further £3.75 million (pre fees and expenses). The Company will be discussing with both investors in the coming days and will advise shareholders accordingly of the outcome of those discussions."
This is a gold mine waiting to boom, i see MM have been grabbing what shares they can over this week. Prob got about 50k worth......This is going to double very face when Strata and next finance results announced. If i had more spare cash it would be put into this. Come July, it will pay out well. GLA
Does anyone know when then results of the second half are due to be released? This has multibag written all over it. They have won so much business of recent and the block chain prospect just compliments there business model. Market cap currently is laughable.
Lets go baby, lets go. Were all here to make a few bob. Im prepared to punt another 10k at this, but i need to see fundamentals to the road to victory. The pressure results are decent for the area and the quality of the oil is excellent. The political hold up is however draining i agree. But most things in life worth having are genuinely hard to get, or risky to go with. It will come good in the end. Do you check your ISA every month? Exactly.........Hold for gold.
To go bust - listen to yourself, you sound frustrated and annoyed so your mud slinging. Your invest choice are yours and yours alone. We it was up at 4.2 did you sell, then buy in today at 2.9? More than likely not, but if you did you would have made money. If your strategy, like many i presume is to hold until nearer 8p plus, then please stop your scaremongering. They have a discovered well, they have reports to ministry of mining. They are waiting on a EL that will land, but due to covid and the pace of like in Mongolia under the forever watchful harassment of China, it will be a case of ensuring everything is done and triple checked to their standards. Would i have invested in this company had i of know how long this undocumented process would take, no. But am i, yes so you either let it play out or sell your position. As to the company going bust, your crackers. Could there be an equity raise, possibly. Will there be a farm in from petrochina, maybe, could they do bonds, yes. The finance option are around for Mike and team, so there wont be any going bust. And is Heron there only prospect, no. They have many more. Put a sock in it Ojay.
This has spike written all over it. MM have been gathering shares for some time, volume not moving anything here. The spread has been wider than the Atlantic for ages and its going to burst £1 without much needed. Very much watch this space, wait on side lines or jump if if wanted, but im locked and loaded and will take a nice tasty profit slice soon enough. GLA Got to be in it to win it.