Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Ahhh yes. I forgot that I am old and too full of common sense. Thanks for the reminder HH.
In that case, I'll stick with plan A: hold and wait for confirmation of the anticipated stuff. And then, once the SP is bouncing around the mid 3s, and idiots join the party saying things like "No reason this won't reach 8p next week", I'll significantly top-slice.
I just need to check something in case I dreamt it. Did UFO recently publish an RNS confirming the approx quantities and quality its ore samples from Hancook ? And confirm it's aiming for JORC on same ? Which is likely/probably/possible to value the resource at somewhere around $2Bn ? And didn't it confirm very high grade samples of silver tailings which may generate short-term income to fund 2021/22 operations ? And has nothing substantively changed in the last couple of weeks ?
Sorry, I'm just clarifying. Because the SP seems to be in complete contrast to that background.
Is today's dip based on the video ? If he'd done it in a squeeky voice we'd all be millionaires today.
Someone should tell CB that his account's been hacked.
Anyway, I'm seeing from the 3 months chart that any moment it dips below 1.4p is time to load up. And it looks like there are early signs of upward momentum. Naturally some will sell into that once we reach the high 1s, but news on Croatia or USA will burn that activity in its wake. Just a case of sitting and waiting now.
We have seen a couple of excited spikes before (sorry to throw cold water on everyone's excitement) so today's action may peter out within a day or so Or it may be the start of the re-rate.
But I genuinely think N4P has the hallmarks of being a multi-bagger. And I get the feeling if/when this flies people not invested will be looking at it and saying to themselves "well, of course the company's worth £150M. It was blimmin' obvious". (I'm simply pulling a figure out of the air - this is not my valuation!)
Just changing the thread title so it's not constantly cross-ramping another share.
langreen - thanks so much for posting this: https://www.deeside.com/new-gasification-plant-could-be-built-in-deeside-to-create-electricity-to-fuel-toyota/
Must admit I started getting really excited until I realised through my hungover stupor that this was the Toyota deal we already knew about. Good to see progress, tho'.
You're absolutely correct, Mozax. But I was copy/pasting from an earlier post I'd originally written on the 19th May, and that operations update the following day announced the MTAs. I should have been more clear when copy/pasting. :)
I think the next week or two we'll start to see an uptick as interest increases about the next steps for those MTAs.
Of course, I'd love to be caught out by another major development !
You know what'll happen 944Turbo ? A stonking unexpected RNS lands in the morning and you're kicking yourself.
Joking aside, I'm all for a bit of de-risking. Glad you're sticking around with your 5M at 0.6p, and look forward to better performance over the next 6 months; this daily shave of a percent or two is just irritating.
Funny old stock VAL. Every time it reaches 18p it bounces hard. You could make a fortune just trading on the spikes and troughs. Be nice to see this one fly though.
Yeah, I was being light-hearted about the voting rights reaction. :)
SP was at a similar level in Feb before it climbed quickly up to mid200s. I suspect the market is concerned about that lack of news about new contracts (I'm seeing the same thing at EQT) but a steady, confident Hold will do the trick because ONC has real potential (same as EQT - with apols for the cross-ramp) and will rapidly recover on positive news.
Does seem a harsh movement in response to Total Voting Rights. Lol.
ONC is looking very tempting right now.
Here it is:
"RE: sp hit 14 p recemtly before MTA's RNS ..now we cant even breach 10p...go figure" 09 Jun 2021 16:42
@star786. Inspired by your comment that N4P gives regular and timely updates, I tracked back to an earlier post of mine from about a month ago. I listed the meaningful RNSs by month over the previous year, and then made a remarkably prescient comment:
"May 2020 = 3. Placing/Broker, Patent Filing, Covid update
June = 0
July = 1. Work Programme & Strategic Update
Aug = 1. Positive Covid In-Vitro Study
Sept = 3. Tech Transfer & M'fact, Covid PoC Update, Interim Results
Oct = 0
Nov = 2. Operational Update, Nuvec/Oncology launch
Dec = 2. Formulation work update, £2M Placing
2021
Jan = 0
Feb = 2. Intention to Grant Patent, Final Results
Mar = 0
Apr = 0
May = 0
It's been a long silence recently and work - we must assume - is continuing behind the scenes. My post isn't intended to criticise, just to point out that something's increasingly likely to land soon. As a reminder of what may come in the next few months:
Oncology - Stage 2 of the programme expected to conclude in Autumn (up to 12 months from Nov 2020)
Nuvec in-vivo - due to commence early in 2021 (did I miss announcement of it starting ?)
Patent - full grant should take 6-8 months (started in Feb, so due in early autumn)
Nanomerics - 14 month research collaboration started Feb 2020 (so expired April 2021 ???). Announcement could be imminent on renewing Nanomerics agreement, or new research partner
But for me the prime suspect for news would be the collaboration discussions with potential licensing partners."
And then - I think the next day - came the RNS about the MTAs.
Several items coming through the news pipeline, any of which could be significant. A couple together would be transformative. But this fallow period may go on for a couple of weeks, so hold the line; one thing we can all see on the charts is the explosive growth that happens on news.
On the news question, I think I did a review of RNSs for N4P a couple of months ago, and a forecast of anticipated/known.
This was before the MTA news, so there's more to be added. I'm of the opinion that we'll see an announcement relatively soon. In fact this quiet bit - this is when to top up, imo (if you have the cash/inclination).
I like that response to the question, dougerboy. If management draws a line in the sand then it can do one of two things: set unrealistic expectations that cannot be met (driving SP down through disappointed SHs), or create a sales culture of easily hit targets which leads to increased costs (bonuses) and potentially a lack of hunger to win.
A target now, at the outset, can focus the mind but it can squash huge benefits.
I would definitely prefer months of learning; finding out what works best, who works best, which market segment (within that 60% prescribing doctors) is most open to adopting Accrufer, etc.
Targets can be built fairly soon, once they know the viability and a sharper approach. I don't expect they're slacking.
aandi - I think he may have meant that it had increased by a few £100M over the earlier estimated value of project pipeline.
I know what you mean about "imminent", trytry. But it does make 7:01 quite exciting each morning. Even if 7:02 is a bit of a downer. :)
Yes. Buyers beware. It's a metals exploration company on AIM. Man alive, if you don't like risk then run to FTSE350 or investment funds. Of course, on the other hand, buyers pile-in ! The SP hasn't been this low for 9 months and there's been huge progress in that time, which means the current price is considerably oversold. So buy and hold for 6months+.
I am relatively bullish on UFO, and support HappyHaddock's view that this is not about to rocket in July.
Next steps are (iirc) definitive decision on EH Tailings, Updated resource estimate on Hancook followed by JORC on same, and then assays on Brockman. After which, Turner Pope will be LONG overdue publishing a revised valuation.
Well, not factually true. The spread is (according to LSE) stupendously wide which in theory should make identifying sells and buys easier. But there seemed to be three phases today: sell early, buy middle of the day, and then sells again.
Not sure what to read into that if true. Not worried, as holding for months ahead, not days.
fwiw, phil01, I completely support your view. Early in 2020 we got caught on a wave of euphoria/despair.
EQT is about 8% of my portfolio and planning to hold for 18 months (and then see how it's doing) because this industry is not renowned for velocity of new projects/sites. I have also been one of those voices who believes thirteen projects in one year would be very risky for a company with limited resources. Hope for 13 closures for short-term SP. But felt 6-8 would be preferable.
Maybe we could have a whip-round and drive the SP up to 2p ? Lol.
I hope he's got better things to do. What insanity is this morning ? No RNS to trigger all this nonsense. A tweet showing drilling continues, and everyone drops their pants. THere's de-risking and then there's panicking.