Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Age,
good idea to be fully prepared, however, will not be joining you until I hear more about the RTO.
Https://www.youtube.com/watch?v=he_QNLFlFzg
Stockbox interview, Apologies if it has already gone around the block.
md and cm agree,
for me, who has only a few million shares left, worth seeing what is proposed until deciding. as thechessmaster has stated the proposal might excite the market's imagination which may result in an exit point higher than the current cash value.
currently, they may have £3m-£5m (*** packet calculations, or should i say vaper packet calculations for the youngsters ) 0.0021p to 0.0035p.
reminds me a little of general industries rto of immupharma!! when was that 2006? i was a youngster then.
There maybe a so called mitigating circumstance to extend the suspension, ie Potential RTO DD to finalise the deal. However, unlikely scenario for amc!!
Good luck everyone.
Looks like they couldn't make their minds up or wanted to see what dilution would look like before hedging their bets!! Initially sold 151000000 then brought back 201000000, must have sold at a higher SP than when they brought back....... good way to further build their stake.
With what is going on in the world today, you would think there would be some bargains!! Buyers market, come on team.
DV,
yep I gambled on black, not looking so good!!
That being said, we may see an SP bouncing back this afternoon !!
Not showing up on LSE,
https://polaris.brighterir.com/public/red_rock_resources/news/rns/story/w1kyp6x
At least it is NOT the "DRC monies is delayed/went against us" RNS.
1- DRC monies don’t come through and never will -- SP drops like a lead balloon, not worth selling as they will not be worth anything. Hold
2- DRC monies delayed -- SP drops like a lead balloon, SP worth nothing, might as well hold, expect some other news will appear in hope to rise the SP, SP rises a little then sell, as placing will be put into place when placing is implemented buy back in for DRC monies news.
3- DRC monies agreed -- SP rises and reflects what the money is worth (give or take, about 3x). Sell half to cover my initial ante (or sell all), wait until SP drops after excitement and buy back in for further news. I expect some dilution to happen here to take advantage of the SP.
How about that for some crazy Sh*t strategy........ Based on how my portfolio is looking, I should just sell up and burn the cash, at least it will keep me warm for some time!!
Thanks, Eidr
I was planning to attend and even brought train tickets, but due to work, there was no chance of me getting there on time!
".....money left in the pot when we get there" They have now plenty of shares to issue out.
Hello EIDR
I couldn't make it in time!
Was anything interesting said?
I have booked my train ticket and more than likely will be attending again.
Spec-
"side note-with smartphones does anyone actually use a watch anymore?"
I do, not an owner of anything fancy, so I cannot 100% call it jewellery. I find it useful in meetings when I can slyly look at the time! not so discrete with a phone.
'lock in gains' comes to mind!! I am always guilty of thinking I have the winning lotto ticket !
I have to say I did buy a few HZM when it reached 23...... looks a bit hasty now!!
Apologies, correction.
As Zumore has correctly highlighted, RRR will own 362,318 shares in EOC while currently holding 4.6% in EOL.
RRR has a stake of 4.64%, so on a MCAP of $55m = $2.5m
Does that mean AMC have a better deal? not say the AST deal is any good. Either way, AST are persistent.
See you around TDT.
Tdt,
I think they will need Shareholder approval to become an investment company; the ‘investing policy’ will need to be approved also £6m will need to be raised.
My understanding is, not all is dead. From September they will be suspended from trading for six months, during this time they can still pursue an RTO. If after six months an RTO is not found/ or papers are not prepared on time (AMC printers aren’t the fastest, they still use woodblock printing) to complete the RTO within the given timeframe, they need to re-admit as an investment company or be cancelled.
CONDUITY CAPITAL PLC went through a similar process with Smarttech247. From memory, CCAP became a cash shell --- after 6 months was suspended from trading, the DD and preparation of documentation went beyond the additional 6 months, and choose to reapply from new to AIM.
Outside of the box thinking, depending upon a possible RTO, AMC could choose to suspend before automatic suspension deadline based on RTO DD/contemplation, I am not sure what happens to the timelines in this instance, may buy them more time?