Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Ojay,equipment there already?Do you mean rig(s)?
Who the hell are these blue chip investors?Why aren’t we being told?We’re supposed to all be on the same side.Why all the secrecy,this whole company makes no sense
Agree Mr P. What on earth were those two buys at 3.50.Maybe somebody wants to show faith in the company.i’m not fooled.
Do we really need a farm in partner.I thought this rediculous fundraise was going to give us 10 million dollars
Dangerously close to 3p,I should have kept my mouth shut!Well done board,it’s all your fault.
Don’t think it will go to 1.5p,hopefully 3p is the bottom.Can’t see it going much higher either.Confidence is shot,the board has completely destroyed faith in this company.Cancel the fundraise now (its a joke anyway),and go to a bank to get a loan.After all we have huge assets and the license,shouldn’t be difficult.
Amen to that!
More pain again today,when’s it going to end!Surely we must have reached the bottom.Any news on the rig Mr Buck?
Did someone really sell£240000 worth of shares this morning?
Anybody taking up the fundraising offer? If so I know a good doctor who should be able to help! What a bloody joke these people are running the company.Do they think we are all morons.
Please no more talk of wildcat drilling.We don’t need partners either.We need a competent person running the show,.Drilling the 33m barrels ,proven ,and then when we’ve got millions in the bank start drilling elsewhere. By the way when’s the rig arriving and from where?
Very pleased to see that many posters have the same views as me.I would have definitely taken up my quota at 7p,but definitely not now.Too scared,I have no trust in the board any more.GKhan,very sorry to hear of your huge loss,also of course Ojay and just about every other investor.Good luck everyone,we need it!
This fundraise is shot to pieces.Who but a moron would subscribe to buy shares at3.5p when you can get them for3.25p on the open market.This fundraise should be immediately be cancelled.Its inconceivable that Matd can’t get a loan for 10 million dollars from a bank when they have more than 1billion dollars worth of oil proven. What a bloody mess,we should be 10p minimum.How did the company get into this state
Agree Gkhan.Absolutely spot on
That’s exactly how I see it Bolivian.If the share price went too high after a great rns it would have been very difficult to have a fundraiser at 3.5.Therefore he put in about not drilling until next year to dampen things down.Absolute bloody disgrace!
Yes MB owns nearly 9million shares so he can’t be that happy.Its difficult to understand what’s going on .Maybe MB and the board are just utterly incompetent
I do have some money to invest(not a lot) but I don’t feel that it’s safe to.My trust in this company is shot to pieces.I might just as well go to a casino and put my money on number 5 or any other number
Well Mike,how are you feeling?LTH’s who’ve been waiting 10years finally get the rns we’ve been waiting for and a week later the share price is nearly 1/3 of what it was last week.How can that be?Why didn’t you go to a bank and ask to borrow 10 million dollars?After all we have 1billion dollars of oil proven.Why did you slaughter the share price with these rediculous shenanigans.Who’s side are you on?We trusted (and defended you)when others doubted you,and what was our reward?pull the fundraising and go to a bank
If any directors were found to have sold shares last week they should be in big trouble with the authorities.These shenanigans by the board could have ruined some people
Don’t see how MB and the board can remain in place.This is an absolute disgrace.Still no firm date when they’re starting drilling ,just vague 2022.Where’s the rig coming from and when will it be delivered.These are facts we need to know.Get on the case if you want to remain in charge, MB.