Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Is anyone able to rationally explain how Avacta is not about to run out of cash? As at 30 June 23 (7 months ago) there was £26m cash. The company is forecast to lose £31m this year. Must be running on fumes… Can’t afford to pay the bond holder back so has to pay in shares. How will they convince the auditors this is a going concern? The cash situation is urgent. Willing to listen to any rational counter
The US share price is up again after hours and looks like my 20% target will be hit tomorrow. Paid for my ski holiday. Sometimes trading is easy. First trade I’ve done in a while but they are so obvious when they appear. Yours, a modest Trendz
I read the report and its all based on their own assumptions rather than DEC's which will have been heavily verified and audited. The website looks like an A level IT project too. Meanwhile the US share price is flying back up. The company will probably release a savage backlash RNS tomorrow too. I think i'll be getting my 20% tomorrow afternoon. Easy trade
I've gone long on the London listing not the US. If US falls after London close, London will likely open up lower the following morning. If you wanted to be able trade both markets, you would have to split your trade over both listings. Not worth it IMO
Crikey - GMS is looking strong. Possibly takeover approach from a rival on the cards? Would be a no brainer considering they are valued roughly double GMS. Fair value is at least 25p
Agreed. I doubled my position at £4.04. The Directors filled their boots back in September. If the long term plan is achieved, this could be one of the best performers in the U.K. not without risk but I’m looking forward rather than backward. GLA