Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
The six month clause doesn’t apply to U.K. shareholders.
The cash box placing is illegal in America and Europe for six months.
Then once the six months are up it can be traded in Europe, in America.
They’ve covered themselves from any litigation in those areas mentioned.
It couldn’t have been done if the U.K. was still part of the EU.
It’s a loophole all aim companies can now exploit.
US and European citizens are protected from this BS
Exactly mate, I think stalker has well sold out. 10p? 6p? Who knows, he’s well gone.
He knew what they were going to do ages ago. Minchin, too.
Minchin wasn’t prepared to sacrifice his future as a CEO I think he enjoys being one
Lorna and the rest show they’re not arxxed ( the money though has to be right)
We could tell from the AGM, the directors haven’t got it and never will.
We’ll never see any of them in a company position again, once this plug is pulled.
Like I say, there’s time yet. ( the build up to the drill and Nobles results)
This hasn’t been dreamt up on someone’s summer holiday in Rhyl.
These things get planned months and months ahead.
Orchestrated
I don’t know where that ‘but is that’ come from, it means nothing.
He’s talking about the possibility of bankruptcy.
So there’s £2.5m in the kitty.
They’re raising £5.8M so now have £8.3m
But their costs our going to be £8.5m for this new well, tai and overheads.
They purposely mention the 30 day drilling without any delays cost. (Even * Asterisk it!)
So they’re setting themselves to be insolvent, if they encounter any problems.
I’m not putting this out on the other board, like I say there will be a time to get out of this but to me it’s not looking good mate
But is that
The sad thing is I didn’t listen to myself….what a txxt I am!
There’s a slim hope dai, that before that happens HE1 could go back to £80m market cap.
With 3.3b shares that’s a possible price of 2.5p.. yippee.
…but it’s itumbula A, like tai 1,2,3… not garanteed.
B,c,d will come, if ever.
Like I said in previous posts, there’s no way these imbeciles were ever going to be the main players in the world’s largest helium find.
It’s always was the guy who discovered there was helium in Tanzania and he’s got his own, flying low under the radar, company now Pulsar.
It was always going to be Thomas Abraham Jones, looking for $50m investment in 2016!!
https://www.tanzaniainvest.com/mining/interview-thomas-abraham-james-helium-one
He would never just walk away from his dreams.
He’s been advised brilliantly and now has all the holes done, with a rig and he ll take it all.
It means that another company (Pulsar??) takes the lot and leaves shareholders with fxxx all.
Noble will go the same way, eventually
They knew dai, they would never have been buying at 1p.
All those million trades.
I now can definitely say, they were not buys
It means they’re breaking the financial regulations anywhere outside of the U.K. and can be prosecuted within them territories.
They’re protecting themselves to sell to U.K. holders only.
BREXIT !?!?
It couldn’t have been done if we where still part of the EU
@dai, nothing is being offered on primary bid….yet.
I think if it is, It’s bad anyway.
A lot like the 6p placing
Yes Kevin, sad to say, i think it s what’s always been planned
XEL … im a fxxcking dxxx head
XRP ….
I ment to add.. this post is pointing to, them giving it all away.
A la XRC ( xcite)
For ages, this has always been the scenario that has played on my mind.
You have to read.
I think this is massive!
“Robsaunders99, Posted in HE1
RE: Financial precipice?
$3.2m dollars needs to be taken off the placing price.
There is also a chance that if they don’t pay this that the company can issue a default notice , and then helium are in serious trouble”
This is perhaps what this all intended to be
Why buy the rig?
Most companies hire, there was a purpose to this.
The tanks in their X photos, brand new.
What are these expecting?
Its either for it to all be given away or something else
@dai it still makes you wonder though mate, why for whatever reasons these lying bxxxxds tell us, they never went in the extra few metres