Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Cash is King and Nova have a bank full. Which means they can develop their business in other areas, technically and geographically. A great position to be in when so many companies have large debt burdens due to Covid.
The dispute does cast a shadow. When resolved, and it will be, the SP will improve. Markets just do not like any uncertainty in a company. Patience.. Patience..Patience
Im sure some on this board have been involved in government contract as I have. One thing I know is that they are not commercially minded and generally illogical in their approach. As we are all aware Covid contracts awarded have become political and this will add another dimension. In short government departments have one speed and that is slow. With politics involves its even slower. I'm sure it will be resolved you just need patience.
I'm new to NCYT, so am not into losses as some here are. Looking in without emotion NCYT have done extremly well. From 10p eighteen months ago to 320 ish today. Not too shabby for an investment.
Investors that bought at a higher price will just need to wait patiently. Fundamentals are good. Cash is good.
@13thmonkey
True! Keeps the idiots away
Like a morgue in here!
Good morning all!
Taking on board all the research, latest news and NCYT's market position, I can say with certainty that the SP will be somewhere between zero and £1000 within a few weeks.
I hope that helps you all with your trading/investment strategy.
Is Vanv also the covidopportunist? Now that is the question!
@staylong
Fingers crossed!
@staylong
I wouldnt trust Sang1 at all. He was on here last year doing the same. Very subtle and sly.
@spookytooth
'Anyone with a semblance of common sense and experience will tell you that this was only going to be a punt at best. Why bother when there are so many better investments out there.'
So with the above statement in mind I ask you ....why are you here when there are better investments out there?
Let's think about what you said, and how stupid you have made yourself look!! Ha ha ha. Cant stop laughing.