Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
So sad to see the current share price, as a previous shareholder and promoter of this company on this chat room.
I sold at 20p and took a huge loss - even at that price. It appears to me - through bitter experience, that the only long term winners in companies like this are the Directors !
Quady - nitpicking semantics there eh ?
Have you ever really addressed how (what is currently defined by market cap) as a tiny company, could ever take this to production?
I’m looking forward to buying in/below what I believe was your ~ 4.5p buy in price - if it happens (which I hope not, but will depend upon our directors pulling their fingers out of their ***** imo). ;)
Yep good to see a chunky buy, but a tad disappointing it’s not moved the dial. I reckon if it had been a sell, the sp would have dived. Still, things now appear to be getting more positive again :D
I’ll add my two-pence worth:
In my humble experience, small cap shares very rarely deliver the decent share price that medium to longer term investors hope for along the way.
In my own case (many other shares included), I’ve probably (currently) lost around 70% of my money. It’s just a guess of course. I’ve had big winners too.
I got into learning charting from 2012 onwards and had some good success.
But small-cap share investing must be seen as a bet - most surely as going into a betting shop. You can educate yourself through research into the company but you can’t know what’s coming down the line.
At the end of the day, in my opinion, the only real winners over the long term in such companies, are most often, the board of directors via their annual remuneration packages ( sizeable imv) !
Looking at just the 6 month chart, there’s been an OBVIOUS downtrend and the recent rise to circa 11p came up against the resistance.
I wonder if we are in wave3 of a MINI Elliot wave recovery ? It would need to break above circa 11p to continue as a wave 3. Maybe to 12.5p or higher ?
We shall see ……
Ps, any ‘comms’ from the company from our posters who ‘are in contact’ with them?
Irrelevant anyway because we had such things when the share price was much higher.
And we are now significantly below the very recent placing price. What a mess !!!
Hi Stackhigh I’m interested as to whether you’re an EV driver?
I’m not because I can’t afford to be - literally I can’t afford their huge cost when buying NEW.
As to second hand EVs. Would YOU yourself buy one knowing the cost of a new battery, which can obviously run out after years of use. I’ve heard around £8000?
I don’t know ?
You understand my point?
VERY DISAPPOINTING - and no mistake !!
As a medium to long term holder I’m massively down on my investment and massively cheesed off !!
New investors are able to buy at a fraction of my buy-in price (good luck to them) but this is my hard-earnt being eroded !
Sincerely hoping for better times & soon