Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
From another BB. Best post I’ve ever read. This has to be one of the best opportunities ever.
A few points to summarise:
1. Alpha has probably the top life settlements market maker, Danny Swick, with $8Billion of trading experience.
2. Alpha with SLIM has in-house actuarial expertise specific to life policies - a quality not found in usual settlement businesses
3. The above two points are validated in the progress towards $100million credit facility
4. Points 1&2 are inlet and processing. Austin King, with extensive connections has been brought in for the outlet; the sales.
5. KPMG has validated a 16.2% annualised return on this uncorrelated asset
6. "this uncorrelated asset": the asset class is not affected by general market
7. Alpha has structured a tax-efficient system which will bring in global investors
8. Black Oak fund has already received commitments for seed capital of $15 million
9. The market is absolutely massive at $19Trillion with $57Billion policies lapsing each year
10. Only $2.8Billion of policies are settled each year. The $57Billion lapsing is there to be taken.
11. The market will climb over the next 10years as baby boomers retire
12. Note the wave retiring is more tech-savvy, internet dependent: ideal for targeted marketing
13. Point 12 also means that social media / marketing will build life settlement awareness
14. Perhaps THE key point: Life settlement is a great option, far better than surrender or lapsing
15. The $100million credit facility could be used to buy $500m of face value and repeated 4x per year
16. Alpha has assembled the best in class to manage this specialist business
17. Legislation is already present in 6 states to ensure life policy holders are made aware of the settlement option.
18. 2019 Annual report: "..For 2020, we expect to be generating material revenues and as 2019 closes, at the date of this report, the company has approximately £450,000 of cash balances, so the group is very well positioned as we move into this new phase.."
£450,000 cash balance going forward
$100million revolving credit facility about to be inked with asset manager.
I wouldn't worry about 1 x Bag when this has multiple bags to come.
This share is a screaming BUY for me.
Wish i had more available funds but cant complain at least im in and will wait for the rewards.
GLA..
Is now nice reversal on the chart see you all at 2.6p
Finance deal in the new year 100m whats there not to like about a company with cash in the bank, Professional management and huge potential
There you go ticked up now we should see ALGW rise from here maybe an order was filled.
Anyway onwards and upwards.
DYOR no advise given but im holding these for a long time.
Cant BUY a bean.
Looks like we are about to tick up
News imminent - wouldn't want to be out now knowing a few weeks has passed and the finance deal is signed !!
Are we expecting here on disposal and RTO ?
Agreed when we break this resistance @ 0.45p This will leg up fast
Fantastic opportunity
.4 inbound looks like we will have a very strong buying day here
Massive GAP to be filled at 80p massively oversold crazy but what an opportunity.
Buy when those are fearful :-)
4 Million BUY!! @.675
Looks like we are going to open up id say the order is now filled should be blue skys from here.
GLA
Lots of BUYS coming through now...
When Funding announced these prices will be history
What Sp price you reckon we see here with ORCP in the next year?
where do you see theSP here with Astra Zeneca onboard
Whats the SP estimations on funding news
Well we need to close at .06
Expect a rise to 1.2p from sharetalk
That would be awesome
Looks strong if we stay at this level for breakout maybe...
Looking very good here glad im in :-)