Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
50 million buy? so what there's 21 billion shares in issue.
What would you consider a fair valuation for the ming mine?
get my head around why a producing mine in a safe jurisdiction is valued at 30 mil. Am I missing something?
@sarahlamb1 Rambler Metals (RMM) and/or Asiamet Resources (ARS) both copper Miners. decent management and good prospects. Should see good returns this year.
GL.
sarah, I don't know how heavily invested you are here but you should either reduce your holding or bail altogether. This is a slow sinking ship.
All the best.
don't like a Trumpian post-truth world, and I will rapidly disinvest if I think a CEO has fallen into that very bad philosophy or behaviour pattern.
I take that to mean you think Prelea is NOT a liar?
And I maintain thsi finance deal has gone sour.
GL
I believe this will come good but not anytime soon. They have alot of debts to grapple with compared with revenue. 2022 WILL see this move north significantly. Keeping it on my watchlist.
GLA.
The market is cautiously optimistic about the deal? Just my interpretation from the sp action since the news dropped.
GL
sara let's be honest here £10m in placings this year? It's been more than that has it not? It would've been kinder to raise that much in advance eliminating the need for the dreadful payday loans. His ineptitude is staggering. I hope you get a half decent return here god knows anyone who's been in this for the past 3 years deserves it.
Treven you must be new to vast as you don't seem to realise crap CEO running this company. To call him a joke would be to promote him. Take it from me he doesn't deserve your protection.
GL
Rocket? More like plummet. It's clear something has gone badly wrong with the finance deal.
GL
Oh I see. That'll be after they get there other mine into profitable production. Very good.
GL
£1.5 billion, are you refering to ARS or SOLG?
@maxcady, well put absolutely right :D
MTL eh. How are the fundamentals there?
8-9p is too conservative 10-12p is more realistic adding current value to the asset sale. MCap should rise to £190-200m
GL
can someone explain why the market cap is £80m when a when a $163 m asset sale about to take place? SP should be 8p. Fair value anyway.
This has aloooong way to go to profitable production. Most don't make it.
GL
500% on a pre rns leak? There's nothing to leak.
Vast now in transit to being an INVESTMENT with a bright future balance sheet with self funding
not many of them on AIM at the moment. Then why the sp going down faster than a sack of rocks? Something has gone badly wrong in this transition and even if finance is agreed on time I doubt the sp will rise.
The problem here is very poor management! They need to push prelea out and fast.
GL.