Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I agree also. I just bought in at 74.5p. I thought the Q&A on Investor Meet was encouraging PLUS there is the falling interest rate scenario PLUS continuing buybacks from the company.
I'm hoping for a 90p SP within 6 months plus the ongoing 7%+ dividend yield.
Not sure why the SP suddenly dipped 7p today. Hopefully it is just a temporary blip.
It does seem rather unusual. I imagine the reason it is taking so long is because regulatory approval is needed in at least three jurisdictions - Gibraltar, Malta and the UK. Maybe more. This can always be difficult, particularly if the purchaser is a bit skittish. So I still don't think we can consider this a 100% done deal.
Fingers crossed that we get some good news well before the end of May longstop date (although of course this can always be extended).
It's the predictive software they are developing! :)
Yes, good results, pretty much as flagged in the recent TU. I top sliced a few shares earlier in the week but am holding the rest for the long term. Let's hope the company gets more visibility and liquidity improves.
Quoted 11.5/12.5 currently. That's a nice move upwards.
The author of that last post should be escorted from the course!
Yes, that was the first question they took. Any idea why IQG doesn't get more coverage on FinTwit etc. as it now has a market cap approaching £300M. Are there some skeletons from the past - before it rebranded as IQG - that has scared everyone away? My first purchase was at 68p on 15 September 2020 btw. Lucky with the timing for a change!
Yes. I was impressed with the presentation on Investor Meet. No dividends for 18 months or more but that makes sense whilst they are growing the business. Looking good!
Not sure why the Results RNS was a bit late coming out this morning - just a few minutes before the market opened - but at first sight things look pretty positive. SP up to 400p by 08:40h after a slow start.
I agree that it looks cheap. But it is depressing how thinly traded the stock remains, even after the buyback announcement. Just one to keep in the bottom drawer I suppose.
My holding has been in the bottom drawer for the last 36 months! It just keeps sinking lower and lower despite the optimistic assessments management make on Investor Meet every 6 months. I should have bit the bullet on this years ago.
An honest assessment MV. I'm sure we've all got hurt trying to catch a falling knife at one time or another. I certainly have. Good luck hoping for a recovery above 7p. It's not impossible but it will need a lot of things to go your way I fear.
More bad news today. Fraud. It looks to be quite minor currently but will there be more to come. it means you can pick up shares for less than 20p this morning.
Not for me. Very little trust in management currently.
What a load of tosh from the company today! A series of unmitigated disasters and it's all dressed up as positive by the CEO. How about an honest assessment of what has happened and how it's going to be addressed?
A decent update today FudSpunkle. Looking positive.
The results released today look very positive.
Hopefully the article in today's DT will spark some interest in the shares and narrow the discount to NAV. I've bought today and plan to add more.
For sure. But it appears to be a fairly mild one. I see the 20% SP drop as a buying opportunity.