Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
This is simple, NCYT have delivered a RNS stating that revenue will be down due to the contract dispute with the Government.
RNS's always have a positive slant on them but this drop is due because so much was expected from this contract. Thoes that are saying top up etc etc are misleading folks. I can see this easily dropping more. imo please look at the big picture.
Hi all, this is not deramping or ramping, just an observation. This share has increased over 100% in 2 days. Ask yourselves what has changed? Yes, they've had a formal consent to drilling but was that ever in doubt? enough to warrant a 100% increase. we all know a placing must be coming, just dont get too greedy. Enjoy
Skwizz, as you know the O+G industry in this country is full of red tape, and hoops of various sizes that have to be overcome before any progress can be made. That is without the complexities of drilling 1000s of feet below the surface. All of this is a drain on the finances of any company. However if these hurdles can be overcome that is when rewards can be reaped. And in my opinion that is what will happen here. Reading through your previous posts i can see that you liked to slap yourself on the back for having such a superior business acumen. Well done to you. Now it seems because we have hit a bumpy road you want to blame everyone for not making more money. May i suggest you change your strategy to one that involves having patience. R
This company has great potential and it will be unlocked. Just needs time that's all. We all know SS has made mistakes, none more so than giving himself a massive bonus without considering his shareholders. However that is water under the bridge and we will move forward. I am very happy that he has not given interviews to all kinds of media. Instead he has knuckled down and got on with the job in hand. 4-6 weeks and the corner will be turned and green shoots will appear. If you disagree that is your prerogative. I just don't understand why you continually moan about it.
Ladies/Gentlemen i have been involved with NCYT since May. I read all the posts daily just to get a feel of sentiment. I am happy to be in the background but after reading some of the posts lately i feel i have to say something. This company has and is doing amazing work. If there was something they could do better , yes it would be in PR. However, if you fully understand the fundamentals of this company you will see it has only one way to go in the medium/ longer term and that is up. MMs are without doubt manipulating this share but have faith in the company, the BOD and in your investment. Change is coming and it wont be too far away.
Rich