Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I feel like I have been taken in again by paid rampers again. Looking at the financials I just can't see any way out :'(
Why will banks bail us out as everyone seems to think? They have perfect opportunity to put us into administration in October when the covenant is not met!
But Enquest don't have any debt payments this year, much cash available, lower break even.
I don't believe in this covenant problem in October. Usual fake deramping rubbish. And anyways the banks will forgive it like they did last time.
When oil price is high in a years time we will have 70 thousand barrels a day. Soo much cash generated.
Chilting
The market seems to disagree with you
Why is it worth over £150 million if things are as bad as you say? If the market believed there is no future the value would be 1p like the bank said it should be?
GKB, you would have been kicking yourself in a few years if you had sold at 30p. 30p will be as nothing.
Potential for 10 bags here at least. So cheap, and for no reason other than a very short term demand drop.
Chinese are already back to work. It's a 3 month blip. No problem here. Gov needs to get everyone out of lockdown ASAP and back to work. Otherwise the economy will falter.
I don't know anyone who has had it let alone died. The numbers look very suspicious to me.
Thank you for your analysis Chilting. I've just been paid today so I've added some more Enquest shares. If you are right I will do very nice indeed :)
GKB was soeing some doubts but I can see his game.
10 p here we come!
I read that Sweden have the fewest ICU beds per capital in Europe. The UK is second fewest.
Seems like a poor choice by the swedes but we wait and see. They are creeping up the rankings in deaths per capital. Not far behind UK.
Kraken and scored, you seem very knowledgeable and you have calmed me right down. I have the house riding on this and im just 3 years off retirement. I don't know what i would tell my family if I don't get 50p at least for these shares