Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Next week John will have been onboard a full 12 months and like Colin before him achieved nothing.
Hey, he’s an expert and still assessing data.....if you believe that you’ll believe anything. Absolute nonsense, but at least he’s buying shares just as soon as he can....hmmm.
I’m neither, just realistic.
We’ve been duped by Hutchinson.
Seriously I don’t know if you’ve checked the share price but it’s less than 1/10th of a penny, it can’t go any lower.
It’s true LC’s actions seriously risk the company folding but in my opinion we are at that point regardless of what is said in these forums. I want to know people will be held accountable if any wrong doing has taken place.
There had to come a point where you say enough, let’s face reality. That is where I and many others are. I respect you don’t share that opinion, it’s not nice to accept you’ve lost but there is very little to be optimistic about.
I’d like nothing more than be proven wrong and get some funds back. I’ll be the 1st to say I was wrong but sadly the actions on the board and the share price seem to mirror my thoughts we are in serious trouble.
I’ll take that as,
Oh no, facts, I can’t argue now, what do I do?
Give the ramping a rest now, it’s evident what AST is, the share price, RNS Comms, are all people need to read.
Hopefully no one will fall for your future looks bright nonsense.
Pathetic. You throw insults around without any comprehension of facts.
Please enlighten me and others with the bright future ahead? MCAP less than £3M, fundraising impossible and asset with declining income. Any of that untrue? Please share the wonderful future I’m failing to see.
So TPT, you don’t think people need to know what has happened here?
You are happy to let people new to this share believe Jon will deliver the goods. You think it’s acceptable that Colins actions go without any repercussion?
I don’t, I’ve lost, at least I have the dignity to try and stop others being duped with similar stories of compelling imminent opportunity.
Hopefully LC will get the regulators to pursue Colin, as far as I’m concerned he deserves AST to haunt his career.
Do you actually believe that?
Investors be aware? Investors? This stopped being an investment opportunity long ago. We’ve been duped, smell the bloody roses.
Have some integrity, we’ve lost, fact, let’s not let others get done over as well.
LC is to blame for the current share price???????I think there are many on here that need a reality check.
You may not agree with LC's strategy and the way in which he shouts at anyone that will listen but the facts are he is correct with his facts. Someone needs to investigate exactly what has occurred here, where all the money has gone?
The Board have raised funds on more than one occasion for a very specific reason which as soon as the cash is in the bank gets cancelled. We have been in a closed period for almost 2 years because the Board would love to invest but they can't because of that, what a complete load of tosh - is that the same 2 years that the share price has declined by 90%? The Board are in complex legal discussions - that has been ongoing for over a year, again complete and utter fantasy. The facts are they have been given legal advice and are actively withholding it from shareholders.
Those saying LC risks the company folding are 100% right, he does. Simple facts are there is a very real possibility of folding with or without any shareholder pressure. LC just wants answers and those that have misled us to be held to account, something I totally support.
I like many hear have lost considerable amounts of money, that was our investment decision based upon information given by Colin Hutchinson not LC. Questioning that information given the current situation is the only logical thing to do. Blaming LC for wanting answers, that's laughable. Colin, Clive & Jon are the ones that have destroyed this company no one else.
Simple facts are if the Board don't deliver in Q1 2020 it will be over.
Shareholder pressure coupled with ridiculous low share price means further fundraising is now impossible. If there is no positive news and a significant increase in the current share price then its lights off time.
Everyone involved in AST Clive, Colin, Louis & John have only been interested in taking Salaries. Their dismissive attitude towards shareholders is not acceptable, they will be held to account, there are may here that want answers. Where has all the money really gone?
Great to see heated and passionate debate. LC is a dreamer because he's asking probing questions?
As for the statement he's an Amateur for wanting to see accounts. Really? He, like many here is well versed in the accounts. There are many black holes. Does anyone genuinely invested here not think a detailed cashflow analysis should be undertaken? There has been a vast amount of money spent with absolutely no scrutiny whatsoever, how anyone looking at the losses I presently am thinks that is acceptable is beyond me.
As for being a de-ramper, I don't know if you are looking at the same share as I am because this is currently less than 1/10th of a penny, I'd say its pretty much in the **** and the posts here be them positive or negative have little to no effect.
We all have different views, some vastly more positive than others but given the huge decline in share price and company value I think it only right we at least have someone challenging the company and regulators for answers? I for one support making a nuisance of yourself and making the Board answer difficult questions. Keep at LC, whats the worst outcome? A decline in share price, well that ship sailed many moons ago.
Closed period for 2 years,......
The worst part of that statement is the Board actually think people believe that crap.
The only priority has been to get the Salaries paid, it’s been like that for at least the past 2 years. Only problem we have now is without the permit appeal landing there won’t be another opportunity to fundraise, what will they do when there’s no money to pay those Salaries?
If this comes good it certainly won’t be because of the Management.
Exactly as expected. Gravy tomorrow, honest. Another nonsense RNS to buy a few more months Salary.
Ina contract, they will buy gas, big deal, we don't have very much to sell and the wells we do have are getting less productive each day.
This must be one very complex legal case because they have been discussing litigation for over a year now, what a complete fantasy. We are either pushing legal action or we are not, clearly we are not.
As for the appeals, again nothing new. Just how many times can you make the same mistake and pretend it's come as a shock?
Still no shares purchased by Directors, oh, I forgot, closed period. If you believe that you will believe anything.
1/3 of the company traded in a single day last week, yet no statement from the company and the Nomad told me himself they don't have any idea of who it was.......
So much for the ramping rumours of legal cases being won etc, its as I said yesterday, there is no AST Christmas miracle. Long term holders need to keep the pressure of AIM & FCA, the directors of AST have spent millions and have nothing to show for it, I for one want answers on where that money has gone.
I must admit, I'd be most grateful of any Christmas boost. There's plenty here that would.
I just think we also need to be realistic and look at the facts. We cannot allow the Board to continue as they are with no accountability whatsoever.
So, talk of Court Case being won and damages awarded.
I cannot find any RNS in the past 2 years where the Board have indicated they have started any legal proceedings? Yes they have appealed permitting decisions but they do not come with damages etc.
Another day where rumours cause a very brief spike quickly followed by a re-trace. Facts are this share is over 90% down on when Colin mocked those selling out, facts are the Board are not answering any reasonable questions and closing down all lines of communication.
If you like me hold shares that are almost worthless now then we need to hold this Board to account, complain to Aim Regulators, FCA and anyone else that will listen.
Sadly Santa does not exist and there won't be any AST miracle, just more promises that will not be fulfilled, more dilution and more missed deadlines. There, I am officially de-ramper of the day, facts are the past 3 years action support everything I have said.
So last nights message was deleted. Why?
Was is because someone questioned the 3 years communications from the Board that contain countless claims that have proven untrue, countless promises that have been broken and countless failings on timescales. So, please don't come on here and state facts, the posts will be deleted.
Fact, the share price has left many holders with losses of 90%+, Fact with an MCAP sub £3M the company is in very real danger of folding. You are not allowed to say that as it's a very real possibility and true.
Don't, come on here and criticise the Board for ignoring Shareholders even though they are.
Fact's are the FCA and AIM regulators take very little action against Directors that fail to fulfil basic duties but you must not come here and state that.
But, under no circumstances come on here and advocate complaining to the authorities or questioning the Board, that really isn't on.
So, in summary AST is a great investment, honest, the Board are great guys and in the words of Colin himself things are imminent. What a complete load of B*ll***s.
If you are a shareholder - make a nuisance of yourself. If your considering investing - think, then poke yourself in the eye, trust me it will be less painful.
Totally agree, I am never anything but polite. It is possible to ask challenging questions whilst being respectful. Sadly I am starting to think John is just taking over Colin's mantle and treating us the companies owners with utter contempt.