Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Pian - I suggest that you take a look at wholesale energy costs. Oil, Gas and electric. Things are about to get better! CSG just do one you shameless shorter. Company results are historic by definition what is happening today is real time. I have invested based on now. GLA and don’t let the intellectually derelict crew screw you over. This is a long term hold from here.
Cs - Let me enlighten you. Jan 2016 oil circa $36 a barrel. It then shot up and our sp fell. The reason for the subsequent fall was Covid. I only invested from earlier this year having personally witnessed the massive surge in bookings. The RI has trimmed the debt and cashflow and margin should both be positives. Also we are getting a tailwind from a weaker $ and weaker oil prices. DYOR and good luck all investors.
A client of mine dumped M&S in the early 90's having walked in the shop and finding nothing that she wanted to buy. She was aged 45 and middle class and reasoned that given she was in their target market , if they couldn't sell to her things were likely to be poor. She saved herself a lot of money! I have purchased 4 holidays this year with TUI and using the same logic bought stock. The travel sector is in post covid recovery mode. When I was trying to book often there was no availability/fully booked. Company accounts are historic, in contrast bookings are in real time to be reported on later. I remain positive about TUI especially now the burden has been reduced post right issue. GLA
I have double the shares in Matad that I have in COPL. Matad B/E under 4p. COPL B/E 20p. I can't believe that Matad now has a higher SP. Unfortunately the amount invested in COPL was far higher and the 70% plus loss is sickening. I still believe in COPL but where is the RBL and where is the JV. Surely the lawyers wouldn't accept shares in payment if the JV was not happening? Surely Art wouldn't have bought 400k worth at circa 20p if he thought COPL was useless. Fingers crossed but hope draining.
The issue is that we have never been given details of the hedge and precisely how it operates. We have essentially sold the gas and need to deliver it. It could have been that we had sold it at a higher rate than current market value but it is the other way round. The 3rd party couldn’t give a flying fig about gas we may supply in future they just want the gas they have paid for by the day they paid for it.
Art spent circa 400k at an average of circa 20p. A substantial sum out of taxed income. I despair at the SP but still believe that ART was not bordering on insanity when he made his purchases and therefore hold in hope.
Well said Ham. I am a LTH and bought for the welsh gold (luckily with a 0.1 B/E after trading so I am relaxed). The silence from Wales is deafening.
Big, this is not priced to go bust. It was during Covid when I bought my 1st tranche at 7p though. We are in a far better position now. Commodity prices are falling which will lead to increased industrial activity and oil in particular rising due to increased resultant transport needs. In the words of Catherine Tate "I am not bovered". GLA DYOR
FWIW my B/E was progressively reduced from over 8p to circa 2p. Trading means I hold 20% of what I once held. I am thus very comfortable, yes underwater but believe 3-5 is doable so all good . I am very annoyed with GL, especially the misleading comms and delays. But given the probable 3p plus exit I am relaxed. This is now 0.25% of my portfolio so yes I have skin in the game but am not balls deep and can afford to be neutral here. Looks like the company succeeds despite GL..
I cross my fingers for the success of the sidetrack but watch in dismay as the price of gas fell 11% today. I hear what you say Push but GL is over a year late and has cost LTH a fortune due to incompetence. People can check my posts. I said there was a limited time window of stratospheric gas prices during which we could pay down debt and have been proved correct. The £1 party turned into the 3-5p party. But still good for new investors.
Shares close to annual low but our book remains strong despite cut in dividend. I sold at 30. I have just bought back in again ( my first tranche, when shares are volatile I spread my purchases). GLA
You really have to hand it to SS aka Billy no shares the great diluter and destroyer of wealth. He never fails. Look at the sp over pretty much all periods and he has managed to achieve a loss. I got out at 0.2 a level that most holders would grab with both hands today. SS is a walking four letter word. I keep this on my radar .. just in case but with SS at the wheel this remains only fit for traders. It is 100% non investable - hey Sando you **** “choo , choo”!