Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
"....and has taken steps to preserve its immediate capital utilisation."
Totally meaningless bovine excrement at which Mitchell and Parker are past masters.
They should all now take a significant cut in the obscene amounts of money they are being paid and
how they had the brass nerve to award themselves huge pay increase last year is beyond me.
Wonder how long it will be before Parker jumps ship to join the board of another sucker.
Yes, especially as she was made Senior Independent Board Director last Friday. Next step taking over from where Looney left off perhaps??
(He who lost £32m bucks because of undisclosed romances with colleagues-you couldn't make it up!!)
Sorry THeTrotsky-didn't intend them to be the "butt" of my humour!!!
I notice my comment about the The Thought Police removing the word I used which rhymes with "bag" has also been removed.
How pathetic can you get- a sign of the humourless times in which we live
thanks meconopsis-it did occur to me that in view of the apparent blatant discrepancies i might be oversimplifying the calculations and your knowledge of the ifrs has helped to dispel any reservations i may have had.
as a chap who used to do his finances on the back of a *** packet it's all a bit of a revelation i can tell you (joking)- a long time ago i had to read balance sheets as part of my job but now the accounting profession has gone on an ego trip by making annual accounts as complicated as possible, and aiding financial obfuscation big time, i wouldn't stand a chance!
A good result in terms of profit and dividend but looking back revenue is only marginally lower than it was in 2020 but Operating Profit is down by 62%
Also and without having examined the financials in too much detail, I find it rather strange that, despite last year's share buyback, NAV has plummeted by 25% to 238p and by 60% on the 2020 figure.
No doubt there is an accounting Guru out there who can shed some light on the above
(I am assuming here that the figures shown in "Fundamentals" above have been spread accurately bit if one does the maths on the Income Statement, they don't seem to add up|)
Now sinking slowly but surely-bets on us finishing up in the red??
What a conundrum this share is-good divs. granted (only £500 allowed before taxable thanks to Comrade Hunt) but when there are regular bouts of significant capital reduction makes a mockery of it all.
Don't expect much from Berkeley: he had no qualms about kicking the medical profession in the teeth despite having lauded them to the skies during Covid, so he won't bother about doing the same to us. Highest taxation regime for 70 years and this from the so called low tax Tory Party.
But the alternative........????
Oiled-up
My car insurance 2023 £287: cheapest this year so far £1,087!!
Memo to Sunak: do you know why we have raging inflation Mr. Prime Minister? Leave the cloistered confines of No.10 and your country estate and get out and about to see at first hand what is happening in the real World.
(PS Thank your lucky stars this ain't France otherwise Whitehall would be full of cows, tractors and howling mobs)