Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Some independent inflation trackers placed UK general inflation as high as 20-25% in 2023. That was 2-3 times higher than the official govt inflation stats of 5-15% at the time.
Broadly speaking, the daily cost of everyday living has shot up about +100% in the past 3-5 years. It's been a phenomenal period of price adjustment.
Like a brave little salmon trying to leap over a big waterfall, DEC made a push to get over the £10 level this morning. Some auto-selling kicked in and pushed the price down a touch. Let's see if DEC can make another push for the £10 line this afternoon 👍
CGNR has been in the exploring phase for decades...
Another 1-2 years for phase 2, another 1-10 years to deal with Nimby planning objections, a Northern Ireland state in total political chaos that could take years or decades to approve a new mine, many more shareholder placings likely to keep the show on the road, a ~90yo CEO, and it could be the 2030s or 2040s before any sellable gold is dug up. It could be half a century from start to commercial sale!
The UK water market is facing the same problems as the UK energy market. An industry half-run by the state, and half-run by freewheeling private corporations. Ofgem controls supply, but not retail. Ofwat controls retail pricing, but not supply. The UK has one foot in communism and one foot in capitalism. It's a complete mess.
A quarter of a century gone, dragging on since the last century, millions and millions in dilution placings, share price for punters has collapsed an astonishing -99.9%, the main "explorer" is ~90yo, years of planning objections remain on the horizon, and there is still not a single gram of commercial gold anywhere to be sold.
Sounds good...
Up +6% today. Yet another very strong intraday reversal! After several previous intraday bounces. Very bullish signs. The market is liking the CEO's new growth strategy. With a PE ratio of just 1, versus a sector average of 7, the upside potential here for DEC is huge. Just catching up with the sector average would take the shareprice north of £50.
Stock awards are part and parcel today of US executive culture. Every company does it. Getting their stock now makes sense. DEC shares are at a PE ratio of 1, against a sector average of 7, which is a powerful incentive for the CEO and others to grow the shareprice from here 👍
Switzerland is the first big central bank to cut rates, today. The era of rising interest rates for the West is over. Rates have finally peaked, and are on the downswing. Lock in those UK savings accounts at 5%+ while you still can... They won't last much longer.
That's the past, mate. Time to look to the future. A future where revenue is up, profit is up, production is up, gas price is up, debt is down, and buybacks are on the horizon. DEC is up +10% in a couple of days. Time to buy the dip and let it rip.
DEC is up +10% from the low point. The intraday reversals are a bullish sign. With revenue up, profit up, and production at a record high, the signs are finally looking upbeat. At a PE ratio of 1, against a sector average of 7, the upside potential here for DEC is huge.