Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Pump and dump
So not an MK franchise fan then?
This is pretty much the same as Synairgen and numerous other AIM bio Pharma’
They can’t get the product through trials and they don’t know how to commercialise it
Neither company is investible
“On the bright side, despite what the likes of Robin say the share price can’t go to zero.”
Er, of course it can, ask 4D Pharma PIs and others
Oh well, another British bio Pharma is well on its way to biting the dust. The lottery of AIM strikes again, inadequate financing and management controls are once more at the heart if this imho
I am stuck in a few bad investments including SAR and letting them play out to their grisly end but will not put a penny of new money into the AIM circus ever again. At its worst It is borderline corrupt and at best a pure gamble, not an investment
Over 13p now, something happening finally
Isn’t the reason we are all invested in RKH precisely because the SP really could move substantially given that oil field we are sitting on?! It would hardly be unrealistic for it to hit 25p, 50p, 75p or some higher figure if they (well Navitas!) can actually get things moving.
Equally, we could go bust or, maybe worse, just drift along for years with no new progress and Sam steadily spending the Italian money.
It’s a gamble but maybe, just maybe, we PIs finally have a small edge on the house. 😉
Unfortunately most AIM companies are barely anything more than legalised scams set up for the benefit of their senior management who keep them going for years thanks to private investors and loan sharks like RF whilst all the while taking large salaries and awarding themselves free shares as a hedge against the tiny possibility that they actually bring a product to market or achieve a great exit for shareholders via a buy out.
The likes of Synairgen and Sareum provide PIs with something akin to sticking your money on one number on the roulette wheel
Oh well, you never know 😉
Nice theory but if you’re implying the company is worth around 35p p/s just for the data value….no chance, that’s not how it works
Congrats on everyone who is winning here today! I put a measly £5k in a while back but at 50p, I believed in the company and the science then and still do but sadly stuck with only 10k shares so not getting rich here but it’ll be nice to be back to break even!
And for those mentioning Synairgen 500% remember they are now at 6p so don’t forget it 8s not when you buy that matters, it is when you sell 🤣
Sad to say the pathetic British Government will never let this happen will they? Maybe the Falklands should apply to be part of the USA
Thanks Norseman, interesting viewing!
And I see COP have helped lower the SP this morning with their ambiguous fossil fuel wording. The world really is screwed.
Maybe, just maybe!!!!!
Fudstone
“…90% of scientists agree….”
This has been used for years now but when you look into it the reality is different, several reports have used aggregated figures from thousands of scientific papers and claimed they all believed in Anthropogenic climate change when in fact a significant percentage didn’t say that at all, and even where they did, they often considered it only a small contributor
What we have now though is global group think where it is almost impossible for any politician or company, or frankly anyone in the public domain to hold an alternative view. That is, to me, far more scary than the threat of climate change (which real scientific evidence tells us has always happened)
Flipper
I certainly don’t agree with the green agenda and I don’t think it will be politicians who regret their decisions, I think it will be the rest of us!
This was always likely, the UK is a pathetic excuse for a supposedly sovereign and world leading country whereas in reality our useless politicians do exactly what the US or the climate lobby wants.
I struggle to see how Sea Lion will ever happen sadly. The Italian payout should give us some kind of return but more likely that we also be overturned following political pressure using the green argument again
Sad really, looks increasingly like yet another UK small bio Pharma that will fall by the wayside, the odds of success are so heavily against these kinds of companies, especially in this country it seems
Pump and dump it was then
I have a small number of warrants to exercise (c20k) and I suspect like most I am leaving it late, I was always going to exercise them because I see RKH as a medium term bet (from now! It’s been a long term play overall!)
There was no benefit if I did it in July or December and I suspect we will see the vast majority exercised in the next six weeks or so
Argentina is a basket case and we should just ignore them (as I’m sure the Israelis will)