Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
After nearly 14 years of AMC for me, I smelled a rat, when an offer appeared just before the Ukraine war started. Now it seems the buyer can start developing the shareholders mine with a payment to the value of approx. 1p, with commitments (promises) of paying years later the bulk of the purchase to whoever is still alive as a shareholder or director. What would stop them of not paying at all later on, seeing that Russia has got its hands in this deal and could easily make up a reason to change all contracts previously negotiated nil and void.
I regard godfather Putin and his oligarchs as the russian mafia, who will never play according to the western justice system.
Just found and old video on utube
#1 Jim Cramer admits market manipulation?
Jim Cramer is famous for his show "Mad Money" on CNBC.
I found this old video of Jim discussing techniques to manipulate the market for profit.
https://www.youtube.com/watch?v=gyaPf6qXLa8
Not saying this is happening to AMC, but when the stakes are or might become high,
nothing is impossible.
All these speculations about the TO price are just that. It gives me some confidence, knowing that Tom Bowen's IG Copper went for $200 million and he was then hailed as having done an excellent deal.
Tom surely will be involved when someone is knocking on our door, otherwise why would he have put up all that money in AMC. With his knowledge about the Russian way of selling assets he would have gone elsewhere to invest IMO.
Secondly, a few year ago around the license approval, there was talk, that an offer was put up for AMC for, which was deemed too low (rumour was around 30p, for those who remember this), as RY himself was talking in the vicinity of a 100p, as was reported from shareholders, who talked to him after one of the meetings at that time. Mind you we then had around 500 to 600mill shares outstanding.
The Russian subsidiary has RY as one of three directors. I cannot imagine him staying in charge for that long, if all his effort was ending up with a relative small return. Surely he would not deceive us by having a large carrot offered by that susidiary on completion of a take over???
I tried Rocketreach and found 9 email addresses related to RY from Amur Minerals. Not sure at all if this is of any value. Perhaps try all email addresses listed and see what comes from it..
Two phone numbers popped up as well. Don't know how to load it in this message.
Wonder if this MOU with AMC is still simmering in the background, as Indonesia seems to be a favorite atm.
https://asiatimes.com/2021/02/china-building-indonesia-into-an-ev-powerhouse/
Talking about clarifications.....
It has been mentioned more than once, that conversion only can take place in three years time, but then I read in todays RNS:
"The CLNs are convertible at the holder's option at any time from issue until 15 days prior to their maturity date on 25 August 2023."
I am not sure of the wording either, but if his appointment was not extended, than perhaps AH was doing deals himself for a cheap steal of our company. He has many high level connections.....
Hope I got this totally wrong, as I do not like to be shafted by these high flyers
Not days, rather weeks.
Remember given a weekly report to my golf buddies every Saturday.
The the Greek crisis made the fun go away again.
It seems, that every time things look good, an outside event from nowhere throws a roadblock. Hope this time we can cash in before the next issue.