Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Investor111 : 14:37
I rest my case. Not only an idiot but a parrot to boot
Taxi man are zones. I apologize you must be correct. I was confused because they said they would drill Kulparuk but didn’t,. They also said they were going to flow test all zones but didn’t. Apparently they just drilled down to the Kulparuk to see if the drill bit would go that far. Otherwise why drill that deep?
Sorry should have said accrued debt 80% flow test about $17million Aus. Imo
DYOR
Sharebel 08:03.
So what 88e are saying is they have $18mill in the back and an accrued debt to pay this quarter. So they are broke. CR very soon
DYOR.
Stock raiser : what a pointless post. I’m sure everyone can read the announcement.
Taxi man 7:40 wrong, they said they would drill bff but as usual lied. So only 5 zones.
Stas20: geez you sprout rubbish! Why don’t you focus on the company and stop cluttering this board with your smartsrse remarks
Hjaich 6:20 So let’s get this right. First we drill a hole at a cost of US ~$15million. Although we penetrate 5 zones we wait 12 months then spend US $~14.5 million to see some oil hit the surface. Is that right?
12 months to plan, only test 2 zones but drilled 5 zones and did not do a quantifiable flow test rate. You’re saying US$30 million to say” yes we can bring oil to surface” .
Smoke and mirrors again!
Taxi man 5:33 Not True! The company has an accrued debt of 80% of the Flow test cost of US$14.5 million so about $17million Aust. Put simply they will need a CR asap. This company is all smoke and mirrors! Ever trust them always read and understand.
DYOR.
Investor111: old question. Focus on Ashley Gilbert and get to the bottom of these flowtest results. We need to demand a meeting prior to the AGM. Vote them out if we don’t get answers. Also we should insist on renumeration cuts - They need to feel the pain like their shareholders
Sharebel: OW and Scot are not against 88e. The problem is your venting in the wrong direction and that is exactly what AG and the board want. 88e are in trouble so we need facts not smoke and mirrors. we should stop fighting and focus on getting answers.
John, Focus on Ashley not Scot and OW. The information provided rom them was factual. Yes it was negative, but the problem was not theirs it was 88e. All this carry on about Scot and OW detracts. We should all pressure 88e for a webinar and QA. Have Scot and IW ask some questions. The answers may cause a rethink on the sp. That would be far more constructive
To the guys on this board who keep having a go at Scot and OW are scumbags. Grow up and recognise good information when it’s given to you. I realise that the majority just follow the pack, but it’s time to hold Ashley Gilbert to account not these two. Your shooting the messengers people TIME TO FOCUS!
Yes your right. Ssccss. However, even after the CR it’s unlikely to go lower imo. I’m wondering if I’m right - second guessing myself.
Mystic. I’m not saying “told you so” I am saying buy….berk
This is the bottom IMO. I’m waiting for funds to clear but I will buy ASAP at this price
My post 15/04
Floor Price15 Apr 2024 13:20
We are now at 2020 levels so this maybe the floor. My personal view is it will head to 0.19 because of the future CR and consolidation that will surely come.
88e has to meet cost of phase 3? Namibia payment June and will need funds to meet operating expenses soon
DYOR. All my opinion
GLTA some IMO ST trading may be possible.
ASX closed 004. ( Another 20% drop)
Presentation likely prep for for SI CR. (maybe very soon) They will be low on cash after payment of flow test and Namibia payment due June.
DYOR.
Taxi man: look at the schedule page 13 on today’s announcement.
This lifestyle company will do multiple CR’s and probably do a 1:100 consolidation and your shares will be worth about 25% of current value. I’ve lost 70% - how much have you lost. Why don’t you push this board to demand a webinar with Q&A so that you can get real info!
Rubbish!
Duckie,
That was all fluff. The figures don’t add up - Ashley is all smoke and mirrors. He needs to do an investor meet. Bring us along so we feel properly informed.