Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I'm still long and fine with patiently holding here.. indeed added a bit more here today.. but still a fairly small bet..
I'm confident that the fundamentals here justify well more than a 250 p s/p .. so roll on 300p + for starters please..
Generally, patience fine by me here for a hopefully nice range trade, in the end ( 250p + to 350p + for eg )
Well I'm pretty confident .....
....certainly reasonably confident, at least...
Header only nearly say all, Sirs.. as 'pretty' and 'fairly' in main body of message only, Sirs !
MR WOS is not sneaky, sneaky.. I'm reasonably confident in saying, Sirs
Shorters deramping as they want the s/p to go down is alas a bigger and bigger thing on AIM in recent years.
There's also Short(/ish) term buy traders who buy on good news .. and sell pretty quickly for whatever profit, they hope .. and then look to talk the share down to buy back in again as low as they can .. and then talk up again...and then sell again .. and rince and repeat ..etc..
AIM is A LOT about short ish term buy traders nowadays.. and plenty about shorters too ..
The sentiment across AIM market generally is awful .... include the 'tricky' Fowler history here on top ....and it's understandable why the likes of Misty will readily get downward s/p traction from talking this down, alas..
While I'm annoyed this is a little 2.50p as I type, I understand the dominance of the de rampers here and generally on AIM around now... and the short term success they have.. but I'll sit patiently in the hope that news going forward will rally this - very - meaningfully up, into the future
Ps I'm hoping London Stock Exchange send out a closing - or opening - price of 26.25 for this at some stage soon.. ideally market close today for eg... and the trading service providers will automatically then use this as latest price and the 'issue' goes away for all who have a 10p price showing as the 'current' price .. etc...
...but that may not happen, I understand too ..
Certainly off putting to see my p/f balance and my save.l holding value way down this morning on Barclays Stockbrokers, off the back of the latest price feed they received for this as 10p !
As oil bagger says, there's just one off book trade reported on the London Stock Exchange site for 3m at 10p yesterday afternoon...
But the price the London Stock Exchange show for the stock remains the 26.25p suspended price
I'm going to watch see for a bit before I ask Barclays Stockbrokers about this.. (all Barclays are doing is taking the latest price feed they receive from the London Stock Exchange)
...and am no wiser as to whether this s/p goes up or down around upcoming AGM time..
Be wise, Sirs... and admit huge chance and luck involved in such a game.
Generally, even including Mr WOS's quality ramping, this will always be a small bet for me.... as Mongolia is an extremely challenging country to do business in .. just like Africa.. and I've been involved in many Africa O&G'er shares : almost always a big headache .. and often a car crash.. but the volatility lends itself well to range trading, there (and here)
I think the share was worth v approx 1.5p ahead of the DRC contract announcement Ian B.. so v approx 5 m gbp Market cap then .. and in the 8.5m to 9 m gbp Market Cap range as I type now..
AIM is such a brutal market these days.. scaring so many more again buy and hold participants away in 2023...and 2024 so far to an extent too , sadly.. and for this s/p to be 2.5-p ish as I type is a text book eg of the brutality imho..
This s/p was a tad under 1.5p ahead of this major DRC contract announcement .. it's now 1p more only.... that's currently valuing this seemingly very good long - term contract at less than 3.5 m gbp market cap to WSG.
I get people are waiting on up front funding methodology announcement including the quantum required .. but if/when there's an announced of debt for a few million quid - by a company with no debt as I type - even this extremely cynical market will rally this share meaningfully up I expect....
In the meantime this is a strong buy/hold imho.. (hold for me as I'm easily long and strong here now )
Indeed.. and few would look to buy against such a spread.. ditto sell too maybe... i'll guess ..
And I'll further guess some more traders who bought in in recent rally will throw in the towel in coming weeks... and I'd be tempted to add some back if this goes under 1.50 p soon(ish).... (I see this as a very high risk play still...but believe that, in the round, 24 will be somewhat better than 23 ... and 25 better again
Staying Jolly like Roger seems a good way to go here.
..And I have no problem staying long and strong here around now, but understand that this stock, like most others, will have its fair share of bedwetters involved too...
Free world that it - mostly/kinda - is, it's not for me to scorn anyone for bed wetting, even adults.
Good Look is always useful towards Good Luck..
And after a good look here - over many years - I offer that there absolutely is always hope .. and so I'm absolutely hopeful here..
....but I'm far from expectant here..
Interesting observation Lamps.. thanks
Similar large size buying /selling both days immediately after this latest funding update RNS.. and that size way way above the usual daily size traded too..
I'm not seeing equiv big sells listed so far ?... So a big block sell being worked in the background seemingly indeed ..
I'll wildly guess one Institutional buyer and one Institutional seller.. and buyer and seller know each other intentions upfront .. and it in some way related to the Investment funding solution that will hopefully be announced by Ies.l in a few weeks time..
But why wouldn't their brokers do one off exchange block transaction and just report that once completed... makes me wonder if I'm off with some or all of the above guess.. so I've little clue really/probably
For Roger... and the rest of us, today.
Lovely to see this waking up.. and I'd like to think this is just the beginning of a serious re rate ..
1.5p + on confirmation via an RNS would be a nice thing to see.. please !
imho and dyor
Russia has an awfully big land mass Mr Cybertron, Sir...
So always room for one more there.
Mr Professional may well be happy to pay for your flight... and more besides .. as long as you promise it's one way only
Big call tomorrow !
If Mr Fowler wants 26p here in due course, then he needs to inspire hugely on tomorrows call, for starters
I'll not be able to listen in but great if people are kind enough to precise/feedback here
If this contract is actually as good as bullish players here might surmise then 3p is joke low imho
Good luck to all fellow holders
Good for him...
It's a free world.. or at least this part of it is, thankfully
and I expect slippery gel useful for either of both ways too..
Be Happy, Sirs
Header NOT say all Sirs.. header has question mark ..as no certainty either way, Sirs
PS: Me thinks Doc83 very much like to post here for rest of his life, Sirs
Header say all, Sirs
This time next week Rodney.. You know it makes sense!
I agree with harchris that the leading product/tech we have here in a hugely growing market should put us in a strong position re term for partnering/ borrowing etc.. Also no current debt, as grshaw points out, is a big plus too.
But the current cash runway being close to exhausted is an issue in a few ways here at this moment imho, including reducing bargaining capability in whatever deals they're about to strike with Investor/partner.. and perhaps lenders too..
In my mind that's the reason this hasn't rallied more off the back of yesterdays RNS.. and indeed why this s/p has performed badly in more recent times.
But I'm still very hopeful of a strong rally when Investor/ Partner etc deals are announced in a few weeks time... and I increased by bet here yesterday a bit off the back of that sentiment...and have funds ready and waiting to add again here when the big upcoming partner etc rns drops soon..