Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
https://broker.aviva.co.uk/news/article/934/business-interruption-and-covid-19/
Apparently “Charlie-1 well has oil shows in four of the seven stacked targets”...
Looking very good for my 10p short term target, my 20p medium term target will be a year or so away I think...will we ever reach my 60p long term target? Not sure.
Having said to myself numerous times that I was overexposed to 88e and I wouldn’t buy any more I just have ; 251k at 0.79p. Now holding 3.5m at average of 0.98p. I’ve seen this a thousand times over the years and EVERY time it comes back stronger and higher. This will pass and sanity will eventually prevail as it always does. Keep the faith and trust in your research (assuming you’ve done any)....
Just bought more to take my holdings to 3m. Yes I’m massively overexposed to 88E but I am confident that the weeks and months of research I’ve done on the company will bring its rewards. My short term target price is 15-20p in April/May this year and
40-50p in 2022. Deride me all you like it’s my opinion and that’s that. DYOR and come to your own conclusions.
Fair point but if the still is successful next year I think we may well see a move to a main listing to reduce volatility and more importantly obtain a valuation on the company much closer to what it should be. With everything due and the prospects for 2020 I personally think we should be sitting at 2p+ already.
All we can hope for is that the FO deal is worth waiting for! I’d hate to see a year of negotiations end with only a $15m cash offer, 3 free wells and a 70/30 split. Some on here might see that as good but I don’t.