Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
You've excelled yourself today McMasters - what a basket case of a company. Money wasted on expansion to sell 5kt more than last years total (which was out by 33kt) And he wonders why the city doesn't rate the company. This company is finished. Thanks for six years of crap Brian - hope you enjoyed the money, you lying b*stard.
Just under four weeks to 2022 final results and 2Q figures. Ignoring 2022 figures, due to the Ukranian situation, I have been comparing percentage growth by comparing recent results with 2021. On that basis, I come up with a calculation of 44kt, however in terms of invoiced sales I am going for 35 ~ 40kt.
"While you are being paid like a little spackkkka............"Clearly you rarely, if ever, come across the physically handicapped community AH. Your post was disgusting and also childish - a poster who has to resort to gutter language because another poster got under his skin. Smalleyus' posts have no affect on the share price. If it did, then more fool those mug investors who sell on the back of negative posts. If you're that confident the company will prosper, then just wait patiently like the rest of us instead of posting the vile abuse above. I've learnt more about the company and its products from Smalleyus than I ever have through the board of directors.
We will find out this week lbarlow. I too, was a little surprised that there was not more buying/selling in the run up to this week's results. Then again, 1Q figures generally tend to be low and aren't really indicative of how the year is going. If the figures are low, I would expect them to release advanced sales orders to deflect any flak . That, or the holy grail - share buyback/dividend news. All we can do is wait and hope. Here's hoping for all the long term and (extremely) patient investors.
If the share price rose 0.5p every time somebody posted "great time to top up now" this would be at 40p now. I can't see any increase until the 1Q sales/invoiced are released at the end of next week, or unless the day traders start buying at the start of next week with a view to dumping straight after the results.
As everyone now seems to be waiting till 30th March for the figures I thought I would offer my own thoughts for 2023 1Q . I'm going for 35kt invoiced. I arrived at this figure using the 22kt from 2022 which was not invoiced plus an additional 13kt based on the 9kt figure for 2021 1Q ( which was sales and not invoiced). I am presuming last years' figure of 70kt was an outlier based solely on the happenings in Ukraine, however, it will be interesting to see if the new storage shed will result in an increase on my figures. Obviously hoping for higher, anyone else any thoughts ?
I agree. He looked very bored in the interview (if you can call two minutes an interview) and very much a case of "here we go again" I can't see the sp hitting 10p until they provide more information about the possible dividend/share buyback (hopefully the latter) I think it will take the Q1 or full year results in June to see any significant increase.
Actually, there was a reference to an RNS regarding working capital at 21:55 Brian said the auditors were uneasy about releasing unaudited figures but he was talking to them and the Nomad and was hoping to have an RNS out in the following week. I knew I wasn't dreaming !
As everyone seems to be avoiding the elephant in the room, can you please ask Brian if he intends releasing an RNS this week ? I am expecting the usual "events beyond my control" reply from him to which my answer would be don't raise holders hopes (again!) and proclaim forthcoming news until you can actually deliver it.
Bear, shorter, mischievous ? - no, just a (six years) long term holder ****ed oof every time the chairman opens his mouth and sends the share price down. Please God, let it be the first of the three options he alluded to in his recent speech.
I am genuinely sorry to hear that chique. Your postings over the past year have always been thoughtful and interesting. I am, like yourself, pleased with the company's sales progress over the past two years but frustrated with Brian's strategy to grow the company. The Miriri phosphate project was terminated after due diligence, the due diligence being done after the purchase. Is that good business practice ? We then come to the Limestone project which was RNS'd in June 2021 - eighteen months ago! The following sentence was the concluding sentence in Brian's statement in that RNS .
" This is a great opportunity with the potential to add accretive value to our shareholders beyond our already well-established platform and I look forward to updating the market further in due course."
It often feels like heresy to criticize the board here, but the above actions will not attract corporate investment and will continue to depress the share price from its true value. I really don't care if I'm perceived as a shorter. Having held for six years and accumulated 2.4 million shares out of my own money, I feel I have the right to post my views. I do think there will be a dividend this year, but to be honest I would be happy to see the company bought out, and even then I think the maximum realistic take out price would be 26p (about £50m)
So, there you have it. I shan't be asking questions next week as the obvious one above will not be answered. I will, however, continue to enjoy chique's, swingy's, f15jcm's, gotabeserious' and name mikes impartial posts. Have a good weekend everyone.
In which case, please accept my apologies. I agree with your comments and would expect 170kt to be a realistic figure. I get really annoyed when somebody comes on spouting 50p a share when they don't even know the number of issued shares and merely quote a rounded number.
mesb48
The management were quoting figures of 400kt per year about five years ago ! A famous ex director (the right place, the right time) was quoted as saying we would be profitable in 2019 ! The long term shareholders have had to suffer while directors have received substantial renumerations. Only the newbies and the day traders are quoting 250 -300kt per annum They clearly haven't even seen the plant and difficulties in scaling up production. The nameplate production capacity of 320kt per annum is irrelevant as we neither have the manpower or machinery at present to meet that figure.