Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Pc. I am not trying to achieve anything.Personal attacks aren't necessary. I am quite entitled to my opinion that I don't think offices moves whether its registered office or whatever is a "big move". Bird are downsizing offices, staff, customers and money. I don't see that as a cause for optimism I'm afraid. Hopefully, I am allowed to have an opinion rather than being shot down for having one ?????????
No... I'm not wrong.
If you care to read the RNS on the 26th March you will see that the registered office is moving to ;
LABS House,
15-19 Bloomsbury Way
London
WC1A 2TH.
Which is office and work space to rent so I'm not actually wrong.
It's just a legal statutory responsbility to inform of a change of the registered office and hardly a big move.
How is moving the registered office to what is effectively shared office/space to rent in London a big move ?
You don't even have ro reside or do business from your registered office. eg any company could have its registered office at its accountants.
Moving registered office means precisely nothing in trading/business terms ,it is just a legal requirement. !
I don't think you need to see the product to make any judgement. Do people really do that. !
You don't invest in a product... you invest in a company, it's directors and their ability to make money and provide a return on an investment don't you. ?
Poker.... investors have been patient for many many years. IM has been talking a good game for many many years, Bird have been promising for many many years and at no time have they made any money. They are only in business using other peoples money because they can't generate their own. Nice work if you can get it !!
But what actually is the investment case here......... pray tell !! Apart from the the creator economy will be worth how many million/billion in 2032 and we just need a small slice of it ??
Come on, there is an obsession with the story and what the product can do. so what !. Bird for years has promised, promised and promised some more, award after award. so what... it's irrelant. they are making no money,losing customers, a business making no money eventually goes under and the well will eventually run dry when people realise what is actually going on here. they have very convincing mouthpieces but there is no point in having the best product if no-one wants it. If it is the best product why give it away.. it smacks of desperation to me. in my view the stategy is all wrong its.... the small tiddler from wimbledon has the best editing software for the creator economy but we are going to give it you for free, we aren't making any money by the way but we'll survive because people believe our story and it will happen......... eventually !!
Hurrah.... the launch !!
But oh dear.....that dreaded phrase "over time"...... keep waiting, waiting and waiting and they can't even get the language right..
"To gain user adoption, elevate.io has initially been released as a free product and will move to a freemium model over time."
"Drain the resources and raise, drain and raise, drain and raise"
I'm sure the bird fan club will put a positive spin on it.
You have to hand it to IM. Certainly a ultra positive front man of a company that is losing money and customers.Going to the well for a 1m fund raise.... for what... as if an extra Million is going to make a difference.
but don't worry folks the tiddler from wimbledon is going to blow apart the creator econonmy. The shifting sands of technology development make it virtually impossible. Pulling the wool with eye watering billions that the market is worth in 5/8 years. it's irrelavant, it means nothing. without the fund raises they'd be out of cash or close to it in my opion. so what if they are in the olympics and every prestige event going.......they are making no money. In my opinion the interview was awful with a load of spoonfed underarms........ where were the difficult questions ?
Ofcourse they are investing money but at some point there has to be a return as they are investing other peoples money.
As usual in stock market the directors look after themselves and the shareholders take the risk. It’s a dream in my opinion and very few come true.
How can you say it’s nonsense. ?. Do you really think they’ll be profitable in two years. Over supply of rose tinted glasses watching bird. Just because SS , Mo et all have had success in the past doesn’t mean they’ll have success again. There is no debt as they are adept at fundraising. What if they didn’t get support in the raise, they’d be in trouble. I’ll prepare myself to be shot down by the bird fan club.
Really can't understand where all this enthusiam is coming from. Just because they are launching a new product everything is going to be rosy in the garden. They are losing money, fund raise probably due within a year or so, 30m outstanding share options so the Directors are looking after themselves. This in my opinion is a traders share.... nothing more. !
Having seen the news I just thought I'd post to say hello and it's certainly good news compared to where we were and what shareholders have been through if the offer is confirmed.
What strikes me is why none of the previous proposals that have been rejected were RNS'd. Don't they have a legal responsibilty to inform shareholders. I'm sure it's a "grey area" but if I'd have known there was someone sniffing around I probably wouldn't have sold.
I notice that the letters of approval from Lloyd and Gatemore were dated 6 September, 5 days before the RNS. It's obviously been going on for some time.
Anyway, best wishes all and I hope you all make a bit of money. Sister x
Thanks Deep. All the best to you as well. Atleast I'm am spared the indignity of doing cartwheels round DX's car Park.!!
As my final post on this board..ignore what trades are classed as buy/sells. Often trades below the mid point are classed as sells and trades above the mid point are classed as buys but that isn't always the case. If aspects of the trading volume have to be legally reported they will be and you'll find out soon enough. x
My journey with DX has come to an end as I have achieved the objectives I set myself. It's been good be part of the DX community, some intelligent members and interesting points of a view and refreshing to be part of a group where different opinions are respected and personal attacks are absent. I wish you all well. Sister X.
There is one way of looking at the figures that is not so positive. At the interims we were 15% up in turnover and finished the year 10% up year on year. So in what is traditionally the better second half of the year it could be said DX have lost some ground. Probably a reflection of the economic situation and it was in the trade press when Tuffnells went bump. Not a big concern because DX have managed it well so far but something to keep an eye on. ~I do find myself agreeing with Portswigger that DX have gone all in in very difficult times agree with his rather cautious and pragmatic approach that the SP returns are quite a bit further down the road.
You are right to point that out. There is no denying that DX seem to be doing well but that isn't the point at issue. It's the SP.
If you are investing now you are investing in very uncertain economic times, probably the most uncertain for many, many years and it takes some nerve to do that. I think its a traders market generally but DX isn't one of those shares. I bought some at around 25./26p p a while back (not a huge amount) and I'll probably sell shortly as I think 25% or so is not to be sniffed at in the present conditions. I think we just have to accept the way it is and the real sp growth is years away unless there is a buyer.
Yeah pianista, I tried to think of my own in the middle of long journey in a light hearted way.!
"Invest in the Oxford Cookie company to make a fortune"
"Invest in Salisbury Munitions Ltd to make a killing"
I'd agree with both you. But the article is written by "this is money" who frame themselves as a guide to money and investing and would be used for research so to provide an overtly positive picture is really quite negligent I would suggest.!
Quite dramatic examples portswigger but no less dramatic than an unexpected worldwide health pandemic that killed hundreds of thousands of people, caused people to lose their livelihoods and caused economic and stock market turmoil around the world that is still being felt. Who'd have thought that in the 21st Century.!
As we all know broker forecasts are based on financial assumptions and projections but ultimately it's just one of many factors that affect people wanting to buy their shares. In my view not completely a waste of time but I agree target share prices are just an arbitary figure plucked from nowhere and has no basis in reality.
Thanks for taking the time to reply. Interesting. I take your point on the mcap, with the outstanding options.. at 40p we are looking at a mcap between 250-260m. I don't think its worth that anytime soon figure wise and I tend to agree with your timeframe if not longer.