Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
McGurk
Totally agree with everything you have written. I got stung with one a while back. Learned not to put all your eggs in one basket and play AIM with money you can afford to lose. I too got out very early Monday morning with a loss.
RE: Company update on 2/10/2023 was absolutely bullish that a solution was in progress for additional finance to be arranged….so no issueRE: Company update on 2/10/2023 was absolutely bullish that a solution was in progress for additional finance to be arranged….so no issue
I've just read the title of this subject above. And I cant stop laughing.
1. The RNS was so bullish that 85% was wiped off the SP in nearly 2 days at one point.
2. IMO The RNS was written like a S*** Sandwich reversed. Usually with a normal S - Sandwich, you start off with a good bit (bread), with crap in the middle then finish off with a good bit at the end. Looks like this RNS started with stale bread (bad news), with a nice filling inside (They are progressing well) and finish with 'it could cost another 35% upwards to whatever 1000% whatever' (Bad news)
Well that's my version of the RNS anyway
Yeah, and now you flipped into a ramper saying broker says 90p DYOR and I am no broker LOL. I find it hilarious mate.
Suppose everyone has there own angle with each share, so good luck to everyone!! But do it with a bit of class.
Disappointing with another fundraise. There are challenging times around the world at the moment.However, reading the RNS throughly. If this is to derisk the project which it says, and this is needed to get this over the line. With all the existing big boys that hold shares that have lapped all 61.5m up. It ain't the worse RNS we could have had. Short term pain for long time gain hopefully.Contarian, here is your chance. You said an average/poor RNS could come and it has!!
Did anyone know if contarian bought any shares?
He had 99-100p as his first target, but then said he was gonna wait to buy even lower? Not seen him since the shares bottomed out and started rising.
Hopefully this was the last flush out at the bottom for nickel and HZM.
Would have preferred a less consolidation like 10:1 or 5:1 so there would be more share in circulation, so spread would we less. 145 to buy 138 to sell. Suppose it gets rid of the day traders.
Just got a feeling on a bad FSTE day then the SP will just be taken down by manipulation.
Would love to be proven wrong.
Is this going to bounce. I didn't think shares went down in a straight line, but this pretty much has from 9p intra day on 14th April 2022. I didn't think we would be sat under 7p again. When does ground works start again?
just a question. why are we going 20:1 which will leave 190m shares in issue. Would have been more comfortable with 5:1 leaving 761m in issue or even 10:1 at a push. More chance of market manipulation and also the dreaded dilution further down the line.
Can anyone give me a couple of shares that have risen after a consolidation, as I can give you loads that have dropped heavily.
If we are going to the FSTE main market like some people have suggested. AAL have 1338m shares in issue, BP have 19574m shares in issue. LLOY 69747m shares in issue etc. So I don't see it just yet.
That's my take, right or wrong. Any constructive feedback is welcomed.
Just looking back through Maven Investments shorting history. I have noticed the following short with Mercia Assest (MERC). Put the 2 companies RNS history together and their shorting after HZM placing looks similar.
Mercia RNS 3 dec 19 - £30m raise for acquisition
Maven RNS 4 dec 19 - 0.54% short
Maven RNS 6 Dec 19 - Increase short
Maven RNS 18 Dec 19 - Decrease short to 0.00%
Mercia RNS 23 Dec 19 - Funding complete plus plenty more RNS history of change of holdings plus director buys.
Hopefully Maven Investments may close the short before the placing is finished like the above.
Just saying.