Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
And once again it shows how quick this can move with a little pressure
Apologies again for any older messages missed, only get access to post when on the desktop.
Good to see the WH Ireland broker rating is getting some attention too. If any one else was invested in oilers in the mid to late 2000s the broker target ratings irrespective of how optimistic or conservative always brings in new buyers as it gives a physical target price to bet against so to speak. The bet becomes if I put a certain amount of money in at Price X I will achieve a return if Y target is achieved.
What we have to remember however is the WH Ireland assessment is 11.2p is "fair value". Which suggests a potential value with all things as they stand at multiples of where it sits to day and more than double or triple what most of our average break even is.
Not sure if anyone was able to whisper in to Jo or any of the teams ears regarding a broker price target. I somehow suspect and recall from distant memory (with oilers) actual broker price targets usually get based on the potential outcome on a well/project that is underway. I imagine we are way to early for any of that as we are very far off any project coming to fruition.
Again from memory in oilers when a drill was normally on the horizon the broker target seemed to help encourage significant buying pressure particularly retail investors who would pile in pre drill.
Significant downside to that scenario however is it does have potential to inflate the price which leads to significant retraces. The target price for LTH was always a good constant during the mayhem. Assuming we get to that point normally the message boards will also descend into pure speculation and ridiculousness, inevitably followed by insults and accusations after the retrace, and unfortunately an entire swathe of inexperienced retail investors who get locked in and quite often panic sell as they dont actually know what it is they have put their money into.
(not to say my aym holding isnt and hasnt been in the red for some time now, but quite happily sleep at night as feel research has been done and the future however long it takes will be extremely bright in this share)
I had a family member use WH Ireland as broker, from my knowledge a reputable and good broker from memory with brokerages across the country offering services for individuals and businesses. Would take their assessment as reliable.
Yes I agree that the other assets have a big part to play, were I differ amongst some of the other opinions on this board is for me the Parys Mountain is the jewel in the crown. I see this not necessarily in purely economic terms but a different kind of win.
The thought was clear in my head yesterday, however lack of sleep due to an ill toddler and today the thought process is lost.
I think were all of us can agree is if all 3 projects come to fruition we are all laughing. These projects also may be the beginning for further acquisitions by aym in the long term future as this was hinted at I believe several times. There is Potential for this company to be great
I see alot of negativity creeping in regarding the sp, which as a holder I get the blues on the days I see the severe 50% loss my shares currently sit. I think probably now its even closer to 55%.
I would however like to say all my miners are down this year and all are at historic lows. So overall market sentiment and external factors are equally at play in aym.
Regarding the slow progress for those of us who have been invested less than 5 years, it to me seems a very (albeit slow) progression is being made towards production of the two main assets. That being said for me I always had a 10 year investment time frame as a potential to invest and reach my desired return on my investment as I was fully aware there is a process involved in getting this to production.
I think it has been mentioned in various interviews with Jo that the biggest risk currently is permitting, and when/if that obstacle is cleared it not only significantly derisks the Anglesey mine, but may bring this share to the attention of bigger investors, or perhaps that is to say derisking may then make this an attractive purchase for those bigger investors not willing to put money in until it has been derisked.
That all being said there is a concern in my mind that we may not get permitting, however I see that as less likely especially with the current geopolitical issues playing out in the world. I do however have a greater concern that derisking the project does little to ignite the sp upwards, or indeed the path towards production is not proceeded upon.
Again what keeps me in here aside from the magnitude of the hit I would take is the potential. I also reiterate as I may have done on past occasions that the shares in circulation are relatively low and we saw a rapid rise in recent years touching 8p or so very quickly on buying pressure. Any sustained buying pressure could see this rise very quickly, particularly of larger buyers begin stakebuilding.
I note myself purchasing shares wasn't always the easiest. I had to split into 3-5 purchase transactions, particularly if the share was rising or there was buying pressure.
I understand the frustration for those that have been here a decade or more, but I think for me the potential will see me at least see this through until the end.
Average of 4p. Holding out for production. Hopefully in my lifetime....... im 36. Situation is very frustrating to say the least. Just got to follow the course and try to ignore the sp.
Wishing all those attending a pleasant day. And hopefully some insights. Have fun :)
This is also nice to see. Things have been slow on here the last year or so. Good to see some positivity and activity on the boards :). And so far equal discussion across all viewpoints the last 18 months or so Ive been in aym has been civil and informative.
Normally we will get an idea of AYM coming on others radars when we start reading the words "rampers" and "derampers" etc, and various personalities begin arguing with each other :)
Be very interesting to see if this now comes onto peoples radar and more investors hop on board. I think low volumes have been a significant issue in terms of the sp languishing and slipping. However this does have the ability to move upwards very fast due to the low quantity of shares in issue, and judging by this mornings dummy buys by some posters the possible lack of free flowing shares.
Be interesting to see how the sp behaves in coming days and weeks. It would only take a number of investors with a long approach to take big chunks of shares out of circulation and into the cupboard for a 5 -10 year time frame.
An 11% jump upwards is incredibly rare here. Lets see if this is sustained as AYM has a habit of rising quickly and falling back again.
I dont necessarily want to put a positive spin on things for the sake of doing so, or to be accused of being a paid ramper or company stooge. Granted this has languished more or less for the better part of 33 years with that brief rise to 89p in the early to mid 2000s (i reiterate huge potential). But in the very recent times (18 months or so) there seems to be some very logical and methodical progression by AYM its board and its staff.
I believe (truly) the end result will be production in either or both Wales & Sweden (sake of spelling). Possibly some activity in Canada to throw into the mix.
That being said I am like many others incredibly disappointed in the drop below 3p. I have been equally dismayed this week and last at the drops in SOLG, GGP, HE1. I am not watching as closely any other shares, however these 3 seemed to mirror the drop in AYM to lows I would not wish to see. Whether coincidence or market factors I am unsure. But thought to add an alternative view to throw into the discussion.
I first started reading the LSE boards in my early 20s on behalf of my father post 2008 as he started buying recovery plays and indeed did quite well. However I learnt alot from simply reading the message boards. Its interesting to see how people react through either fear or greed depending on how a share rises or falls. Equally I am guilty of both (human like the rest of us) and have had 2 big sting losses in my time buying and selling on the stock market. However with an 80% success rate I would like to say I have picked a winner in AYM for the Long term hold.
There is a logic at buying and holding for the long term. I would say at the very worst in 10 years time not much has happened and we mirror prior decades. But my eye cannot be deterred from the jump to 89p via only the mechanism of the labrador holding.
With current and potential future metal prices, what could the sp become if all of AYM assets were producing with active mines? This is a question that keeps me heavily focused on the long term, but also raises some questions long term in a hypothetical world of what is a good value exit price for myself and possibly other investors at current levels.
As an amateur investor its something I think could be alleviated by a broker target price and I certainly think give investors an incentive to invest at current levels, as i notice volumes are very low. I was meant to put this question to Jo at the site visit in september, however due to the date change I wont be able to attend. Perhaps some kind soul may bring it up on the day.
I also apologise in advance to any replies to my messages, I dont have access to a desktop very often which is the only time I can get to sit down to write a post. I assure you any replies are indeed read and appreciated.
Hello all dont think Ive posted on here or if so it was some time ago. Was lucky to drop my average yesterday at 10.29 after the RNS before the rise, however still in the Red having purchased in the mid to late teens when it dropped from the 20s.
I was up late last night on youtube listening to the Shaun Day LSE interviews.
It certainly seems the "loose ends" as discussed could have been partially, combined with poor market sentiment the reason for the SP to languish and drop recently. However SD is correct and the drops have been across all miners.
Without getting ahead of myself it seems this could very well see a sustained rise.
This along with AYM my 2 long term holds, So much like the rest of you I would like to see this smash well beyond prior highs of 36p.
GLA
I could not resist. Im sad. However in all seriousness great news and good to see us in the blue again. Good luck everyone as always especially LTH
very sadly I will not be free on that date. Have a family birthday on that day.
Apologies
Your efforts are greatly appreciated sir.
I hate seeing no posts for days on end. Be good to build a rapport with each other now. As from experience inevitably when this does rise and imo it will certainly do so in the near (hopefully) future, all the scoundrels and message board trolls will crawl out of the woodwork and descend into chaos.
Enjoy the quiet relaxed discussion while we can :)
When Labrador was running, this share reached 92p and it was nowhere near as strong in terms of what's under the surface.
Yes sir yes indeed. There is vast potential in this share. At the moment the caveat is "potential"
What keeps running around in my mind is a "What IF". IF grangesberg, Angelsey and Labrador are all running producing mines. What the actual F would the SP be then. And at current rates too.
Apologies to some of the other messages I did not reply to it appears rude. I get time when possible to jump on the desktop to post on here. I read the replies :).
Normally I would be irked by the placing as it brings the price down initially and for me into the red (average of 4.2).
However the reasons for the placing and the encouraging signals it is sending out, means I view this as a positive. I dont want to call it and have egg on my face later down the line, but I really think this time round the company will push forward to a producing Parys Mine.
The encouraging sign that Jo purchased some shares above 4p and the debt restructuring not only brings the debt down to Juno but also that they are happy with shares rather than money.
I think those of us with patience and a long term view here are going to be handsomely rewarded.
Dont know if anyone saw the news today regarding EV and Musk/Tesla. Was saying that buying a metal mining company was not off the table.
I was more drawn to the broader background in the article yet again highlighting the pressure on supply of metals such as copper nickel etc, and the inability to meet the demand for EV in the future. The inevitability is if supply is not increased there will be further rises in the value of such metals.
I dont mean to be messianic in my next comment but its food for thought. Maybe the delays of the last decades in AYM specifically the Anglesey mine in some ways has been beneficial if indeed the external economic factors and metal prices are so favorable.
If timed correctly and we see a future of the Angelsey mine or indeed the Grangesberg mines producing, along with the labrador stake and any potential further acquisitions in the future. The aligning of the stars may prove extremely profitable for LTH here.
Although there is not much activity at the moment there is a reserved excitement on my part building for the future of this company.
Be interesting to see some broker price targets.
My early days trading on Aim in oilers, the broker target prices helped bring in a whole raft of amateur investors by providing some tangible target price. I noticed on occasion it remove some level of volatility to encourage a slow build up to tp, rather than wild speculative buying mirrored by free fall.
As an amateur investor myself with a sizeable holding for the long term it also provides that much needed information of what would constitute a reasoned future price target.
Also potentially by appointing as a broker you bring in institutional investing. Either way positive vibes are being put out there at the moment.
Was about to post the link as didnt see anything on here this morning. My view inevitably skewed however seeing the article and reading the wording carefully, we hopefully are in for some consistent and somewhat frequent updates coming.
Fantastic to see things moving along.