Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
KDNC (and one or two others) has taught me a hard lesson, ie a lot of AIM companies are 'lifestyle' operations where they give the BoD a nice C level lifestyle regardless of performance, and if it takes a company a decade to double your cash you have taken huge risk to do what you could have done so easily elsewhere. What amazes me is how they keep people salivating over all that time --- oh wait, not salivating, locked in with significant losses and waiting. My potfolio has ended the year ok but no thanks to this !
Quite right, to announce this only today is effectively a big fat porky and a trust-removing act !
This is another prime example of TAKE PROFITS ON AIM when you can !!!!!!
Funnily enough its only this and EMH that are staining the otherwise good performance of my portfolio in the last few weeks. I guess why buy dog doo doo when you can make money on regular investments !
Looks very positive but then again so do many AIM shares with a large discount to NAV -- the big question is how to convert that discount to NAV into buying desire or takeover desire....
One of the main issues I see is that the Govt are throwing a hissy fit about the Hong Kong owned Three merger due to perceived electronic threats from China..
Jax - actually you are slightly right ! But look a bit further back and KDNC is a train wreck but technically you are correct.
If it makes you feel any better I am in KDNC in AIM and thats far worse !
Shows MM's have faith in trades !
Not as many times as people have said i'll multi-bag and any day now !!!!
How many years have we been hearing this -- anyone ??
Yes its hilarious people on her really believe they will ever get a return from all this BS ! As coincidence would have it, the episode of Only Fools and Horses where Del and Rodney finally make it was on last night and the phrase 'one day Rodders' certainly applies to this piece of AIM dog doo doo !
Ev - and dont forget excessive use of rapid charging will shorten the life of an Li battery, rather like the analogy of long term use of corticosteroids causes bone decalcification !
Bannor -- ... "and are free to express it as they choose"......apparently not according to some !
And will any of the present investors gain from this circa £600K payback -- not on your collective nellie !!!!!!
I got out of this years ago but look in occasionally to find - amazingly there are still people who think this will deliver the bacon -- I would say baiting Rose Tinted AIM investors should be a new olympic sport !
I think it is too early to say she is a disaster, but I would have preferred and outsider to have taken the reins but clearly no one was up for the challenge !
AS I said earlier, Read was an idiot to let the company get so debt ridden by anyones standards. The Issa brothers are purposely doing this with Asda and Morrisons to suit their own un-ethical ends !
The capital intensity strategy of the sniveler that used to run this co has really come home to roost. Was he so dumb that he thought bank rates would be sub-subterranean forever ! We do breed some terrible businessmen in the UK !
Huge number of settled trades well after hours - looks good for the morning...