Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Thanks
Hey Capt, are you still around and invested?
We know GB has a big mouth. Whoever has been dumping large quantities I really hope does not have knowledge we are not aware of.
If this goes tits up I’m sure many will want to make sure GB can’t sit on other BoDs. Looks really murky at the mo.
Hopefully some good news lands and soon as this is a shocker.
Fair points. 12 month low, very ugly here indeed.
Ouch, Gresham bought them in the raise at 30p. Cutting their losses, at a massive loss. Not a good look. GB has not attracted many serious investment houses or entities and I suspect that will continue for a good while yet.
Need some seriously strong RNSs to start rebuilding confidence and the awful share price.
There have been 100k dumps for a while. I’ve no idea.
Once below 4% they have to let DVRG know to issue and RNS and then again once below 3%.
They continued to increase (hugely) and only found Dox in 1 of 6 biopsies they took.
Does this likely mean that the Dox was only released in 1 of the 6 as the other 5 patients would have suffered massively if the huge dose was released elsewhere.
So there linker wasn’t working effectively?
Good to move into different areas and collaborate with gov agencies etc. Also, one assumes these agencies do a lot of DD so surely our financials are better (cash-wise) than some think. Good to also hear from other members of DVRG as I suspect many ignore that GB has to say.
Is that definite? Can you post details/proof?
Can any tech whizzes establish if/when the wording changed?
The 6 months operational cash burn is £5.5m (excluding exceptionals) and with royalty and milestone payments the runway is longer.
With the data, surely a licensing deal will be a transformational end to the year.
13th, currently burning £9.12m every 6 months but with milestone payments, cash from animal sale should be okay until mid next year as they have said. A licensing deal I suspect signed this year.
In the most recent 6 months they burnt £9.17m so they are fine until mid next year. I suspect a licensing deal for 3996 will be signed before YE. There will be a number of suitors interested and with large balance sheets. Remember 6000 data underpins the platform and we have done pre-clinical 3996 work too. All good.
Look closer to home. GB very much pivotal in MSYS and DVRG and both near all time lows. He loves a webinar snd to ramp nonsense, I guess even he realises it’s embarrassing now and he needs to keep his head down and deliver some sustainable shareholder value.
Much lower investment in the UK and has been falling since 2016. Exports declining even with a weaker £ so much so that the largest trade deficit on record was recently recorded.
The Chancellor’s plan is something from a fascist Latin American dictator. Absolutely crazy. The markets have spoken. Clearly their pals are getting richer betting against £ and UK bonds.
That said, Avacta is looking better value for international cos.
Agreed. I’ve said it for a while and the market know. Most anyway. Great tech and to be fair great acquisitions and change in business model by the CEO but completely new BoD needed.
The fact that we hit a 52 week low shows these results aren’t great. Huge potential but debt repayments a concern to the market and the BoD as they clearly don’t question the CEO. IMO.
To be fair it looks okay, far from great which is why there is no volume. Sitting near a 52 week low and no appetite which is not surprising as market nervous re debt.
MWG clearly driving things. No mention of STC and the supposed interest. Not even saying discussions ongoing. Maybe another China resources. Hopefully not same old bluster from the CEO.