Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Rightly or wrongly I had a small top up myself today. Been here for the last 12 months or more and expect to for the next 12.
Im with @ExMs here. Their cash burn far outweighs income. SP could half from here in the next few months although im hopeful for a nugget.
Also "goes to Aldi to look for beer advent calendar"......
Bet you a tenner theres nothing behind any of the doors. Really hope im wrong, but was thinking yesterday what has actually changed since RMS days. Ive been invested since then, and id say absolutley nothing. We might have a strategy, but absolutely nothing whatsoever has been delivered in the last few years that generated more revenue than I do going to work every day.
I wish I shared the same positivity. Not much seems to happen with NNN other than broken promises and continued cash burn.
Its hard to be positive now when we are dropping circa 10% per day.
100% my thoughts at the moment
@Cunningfoxy. You and me both.
Im planning on averaging down at some point but not yet.
Just topped up myself. GLA.
ExMs. Seriously what has triggered you today? If you'd bought some shares a few weeks ago you would have sold for a tidy profit today. Thats what this game is all about. As for your continual question about how NNN will make money, this is not for us to answer. However they will not be doing business with Volz for free. BTW 70M turnover for Volz globally seems very low to me. Is that from their official acounts?
It always puzzles me why folk hang about boards, putting a negative spin on literally any positive news. A balanced view is great but its getting tiring.
We have a cash runway. A market disrupting product, multi-faceted R&D strategy.
Lots to play for.
GLA. Im tapping out for a while. Toxic on here.
See you at the 1p party wherever that is.
UG. Bloomin eck man.
If they struck a deal worth £50M you'd moan about what day NNN got paid on.
Geez a break.
ExMs. To be honest id be much more interested in understanding why you think they "won't" make money? If what we are seeing in the RNS leads to Volz applying nano to a section of their media. This will likely lead to sales of such media, and then other global manufacturers approaching NNN to use a similar process. They have noted there is market interest. NNN won't do all this for free. This is groundbreaking stuff for the HVAC industry and as long as the price point isn't miles away from current box/panel filtration I'd be astounded if this isn't a massive success. This is disruptive tech in a multi billion global market where much of the same has been delivered/used for many years.
If im wrong im wrong. But I have a feeling im right!
@DrM thanks very much for posting this. Answers a lot of what looked like grey areas and for me makes it a lot clearer. Cuts right through all the noise like butter.
Cash was what everyone was stressing about, now it looks like we will have a fair runway. Onwards and upwards with focus on the nano now from the BOD rather than securing cash.
Just back from some time in Italy. Had a few super lagers myself...
"rolls up sleeves" CAPS LOCK APPLIED. LETS GO.
I don't think they wont need to worry about cash at the bank once this 5th filtration trial is complete. Business takes time, I honestly think a lot of posters would be better down William Hill if you want quick returns. Im also miffed by the pace but these things take time.
Imak. I heard Viz were looking for someone to do a column on investment advice. Give them a bell.
Reminds me of that episode of Father Ted. Down with this sort of thing. I was once a doom and gloom monger for NNN but im giving them a 6 month pass to see where they can take this filtration partnership.
I do have some experience in this area and I would be astounded if the filtration market doesn't react positively to this. Looking forward to what should be imminent results of this fifth round of testing.
GLA
To be honest, this business doesn't require any deramping. Does a grand job all by itself.
Not at all. Reckon a vertical launch past 1p is just what the doctor ordered. Locked and loaded.