Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Stu - what are those advancements? Of the shelf Car-T (T cells from healthy donors) or different targets?
Mem - what on earth are you talking about? Just accept the fact that the CEO given a chance, talks non filtered fanciful gibberish mostly.
6 months into the year... no testing or any well completed.
Task on Jan 1 was to drill Mou-2 and test Mou-1 and Mou-2 if successful.
Raised cash, lot of inconsistent gibberish from PG but no drilling or testing for almost 4 months.
How would you rate their performance and any likelihood that they actually do any activity at all before Q4.
Anyone care to comment on when they are expecting to start phase 1 once the IND approval is out of the way.... 2023 or 2024?
CityStud - and should know PE mostly resides in mayfair.
Let me turn it on you... why do you think anything will come to a conclusion with drill and testing completed in the next 6 months?
What you really need to pay attention to is the list of excuses or change of plan ... are they future focussed or describing the past. He is still going on about supply chain excuse in the latest PR debacle.... so no I don't expect anything to finish anytime soon.
I was proven right on the "the regulatory proccess for explosives" excuse..... has anything happened on that regard? But conveniently another method has been found... I thought they had expertise in drilling, why didn't they think of that in Feb?...
Remember, at the start of Jan, the tasks were to drill mou-2 and test mou-1 and mou-2 (if successful). But here we are at the end of Month 4 of the year, no idea when testing will be complete for mou-1, and mou-2 has effectively been abandoned.
With so much confirmation bias... no wonder the rinse and repeat of throwing dead cat on the table is so easily done here...
Yes why any need to drill and complete anything or flow test anything when you can flog it all to some mystery buyer who will not do any due diligence and just hand you over the money......
If something could go wrong, it goes wrong for this company... Unbelievably bad luck or incompetence, I like to think it is the former.
Porky - Good to know that you finally got round to realising that 4D had no novelty in their technology. You should have listened to me then.
Anyway, for once I agree with your sentiment here. The CEO is clearly out of her depth and it's the case of blind leading the blind. They are faffing around in the dark trying to hold onto something, but the fact remains their tech is worthless and desperate times call for desperate measures and hence they are turning into a CRO. Who invested in this company hoping it would be a CRO?
Nigel - That tells a story in itself. There is narrative that is being peddled and everyone is expected to just buy in to that blind and not question anything when timelines slip massively.
Someone got my thread removed....why?
So no progress and you are not allowed to ask the questions why?.... Rather lets just avoid the obvious and play along to the tune happily and never ask any questions as to why are things not progressing and where and when will PG complete the task he set out at the start of 2023.
And then people here rave about the country knowledge, professionalism and competence of the BOD. They have demonstrated anything but that since I bought shares back in Jan.
Over to you PG, prove me wrong and I will happily say sorry.
What are these risks? Never testing anything they drill?
well gotta be seen to be doing something to hang onto the job that she has thoroughly failed at so far.
Because of Bangladesh Government... shares were at 900p at one point nearly 20 years ago if memory serves me correct.
read the article and you will see who it is.... it is not ANGLE.
q1 it should have read...
But most likely will be q2 or beyond, who knows!
ironic that the company doesn't want to flow test .... anything but that.
oh come on... entirely within his control to address the red tape earlier. Why wait now?... He only had two jobs complete since the start of 2023, drill mou-2 and test mou-1 and here we are almost at the end of Q2 and no clue when it will be done.
Erdogan is also complicit in stealing from Syria and Iraq.
Well lets see on and after the 3rd....
Shagged - It was obvious when we wrote the unnecessarily granular "regulatory process' RNS for the Mou-1 testing that he had no intention of testing right now and the can was being kicked down the line. Much to to the chagrin of many, I said so as much then and so it is proving to be and after the raise of the left field mou-3 drill, most now agree that it will be after Mou-3 drill. Whenever that will be.
Ofcourse all this is IMHO.