Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Found this from 19 October 2020 but can't find the thread now: thread title 're 3p' and price was 2.9575p at time of posting and the price definitely spiked above 3p. ps bought at 0.3p I did not sell at 3p either doh!
MrEMC2
Posted in: UFO
Posts: 2,801
Price: 2.975
No Opinion
RE: 3p19 Oct 2020 09:10
All I can say this morning is gobsmacked GLA
At the AGM it was said that the Tasmanian sale was a stand alone deal but that there could be business to do in the Parterson region so I would suggest a good chance of the deal going through.
Hi Bamps, I have a hard copy of the report and looked at page 21 'substaintial shareholdings'. Of course I was well aware of nominee companies from before reading the report as my own shareholding is in one. I was trying to be 'factual' as far as possible but none of us are in a position to drill down into the numbers. At the AGM I asked Shaun whether the IIs who subcribed to the 14.5p raise were still on board. He said there was some churning but since taking up his post IIs holdings had risen to 20%. Given that we were talking about IIs coming on board, I take the 20% to mean excluding nominee companies and the GDXJ (but no doubt including Tribeca and Wyoo). So with the nominee holdings also increasing it makes it all the more unfathomable why the share price is so low. Thanks
This board keeps me so amused I never ever want to miss a single post (hence nobody is ever filtered).
I think the tone will turn happier from 2023 onwards and look what happens on the Fibonacci scale from 8p onwards 8, 13, 21, 34, 55, 89, 144, etc. Timescale apparantly over 18 months to 2 years.
Straw poll in April 2022 seemed to indicated that some PIs were selling comparing May 2020 declarations to April 2022 declarations.
And Shaun said IIs holdings have grown from zero to 20% excluding the Index Fund although there had been some churning .
Hi Tig, pleasure to meet you and many other PIs. Insightful and thoughtful aside discussions about GGP with you and others at the meeting and at the pub. Cheers emc
Ps Shaun was so open to answering questions told me as I was leaving that he didn't get the chance to eat any refreshments!
I did not hear today Shaun say that GGP can no longer be taken out on the cheap - he said the low share price made us vunerable to a take over. In fact he would not indicate what would be low nor what would be recommendable share price for a t/o. NCM are no doubt thinking about what they want to do with their 70% share of Havieron and this is where the options of obtaining 100% or selling came in and the emphasis on "think about that".
Anyway sure to come up again at the Town Hall meeting tomorrow.
On the share price, looking for London market to catch up with Australian market in the sector.
IIs shareholding this has risen from 4% to about 20% (excluding index fund). Would like that percentage higher.
On vunerability, would add:
NCM could buy or sell an asset where they have 70% "think about that" !
I believe Shaun when he says that he is not here to sell the company (having done a lot of the heavy lifting as CEO to get to the current position) and of course shareholders would have the final say.
Let's not get too carried away again with anticipation for the Scallywag drill results - body language when that question was answered was uninspiring. However, Ernest Giles happy smiles and enthusiam and looking forward to drilling there next year. Mining there in five years is plausable.
In the Annual Report June 2022 – page 35 on company performance it states that the share price 30 June 2021 was 17.6p and at 30 June 2022 9.3p : that is a significant fall in share price. The explanation given is that as the Company’s performance is still in the exploration and development stage, the link between performance and shareholder return is tenuous. Share prices are subject to the influence of metal prices and market sentiment towards the sector.
But the gold price has been going up and the share price has been falling for 23 months! How do you reconcile that when there has been nothing but report after report of excellent drilling results and growth of the resource at Havieron?
Answer: It’s the legacy issues stupid!! Now having dealt with those and secured funding we go on the offensive!
Back of the AGM with you mremc2 and stand in the corner - come back when you have something more positive to say.
Pretty please 2024 GLA
Pleased that inspite of the 48hrs postal strike, this morning I received my corporate letter allowing me to vote in person. So I will be attending the AGM tomorrow.
I'm thinking it is fair to ask the question at start of resolution 1:
I have been invested in GGP since 2017 and yet at a second successive AGM the share price is significantly lower than at the previous AGM - what hope/ assurances can the Board give, particularly to retail investors, that there should be a significant improvement to the share price by the time of the next AGM?
Possible follow up question:
A new Chairman and Board Members will be appointed shortly after this AGM will the Board be willing to set some corporate performance targets in respect of the share price for the next 18 months to five years?
Comments welcome
I shall also be attending the Town Hall meeting on Wednesday.
Hi Capsum - nothing directly about Ritorno
But check out the AAA board (negativity) November 2022
Low6 (positive news Oct 2022)
https://sbcnews.co.uk/sportsbook/2022/10/28/low6-links-with-rivalry-to-make-esports-betting-debut/
Otherwise, we wait in hope!
"You heard it here first"?
From 15 April 2019
https://www.ibm.com/blogs/blockchain/2019/04/how-transparency-through-blockchain-helps-the-cybersecurity-community/
Has anyone who uses Iweb received their Corporate Letter of Representation for voting in person at the AGM on 6th Dec? When I phoned customer services this morning they said it should be sent out today (bit of a coincidence!!). They won't send me a copy by email so I can only hope it is not delayed by the postal strikes.