Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I suspect the right of first refusal would come in to play had we not contributed.
Just wait until they raise the next 500k.....for wages 😂🤣😂
Lose faith are we Jim? I agree why on earth do we need that extra 1% now and then raise at a massive discount? Why! Sick of kiran have been for a wile. Only way out I see is averaging down and hoping for the best. 🤣 kiran needs to explain or close door on his way out!
Careful Jimb ... you're close to crossing the negativity line ...... stay on your own side you'll upset the balance 😂
Why didn't I listen?
Three weeks ago, a YT link from MLQ to Stock box discussing KDNC - they thought the project funding was sub 150 million and the view then!!
https://youtu.be/SU6r5QtDtas?si=jV4F5vWnSpvVgFLf&t=2266
Yes, and KM has managed to create a great deal of doubt around the ability of KDNC to develop AMAPA - I can only see any potential investor exploiting our cash position in their favour.
AIM at the moment is for short term investors, any gains are being taken and people move on to the next big bet - KDNC seem higher risk now than a year ago - why gamble on EMH coming good as KM is when you can just flip and buy yourself as I'm sure many have - Of course saying investment will come at the project level gives reason to believe we are months away from any cash injection or reduced risk.
I wonder how we will be paying the Clifford Chance legal bills?
Did we really need that 1% increase just now -
Could get a quote to sell 300k yesterday without going NT..... today down to a paltry 50k
...well a raise at 3p doesn't instill much confidence does it!!?
Amapa is worth megger money on paper we are only worth 7.3 million. the best of it is the mine is already there it just has to be activated so why are we only worth 7.3 million ,
with the figures K/M puts out the s/p of this share should be around the 40p with out puting a shoval in the ground there is somethink not right very fishy indeed .
Unless we get something tomorrow (which would be late IMO & I doubt) I suspect our mysterious investor (& my suspicious mind is working overtime!) will have fully divested long before there's any chance or need of exposure....
Yes it would have been preferable but my take is the mezz was always secured against EMH and the value declined to the point that they didn't have enough left to pledge to borrow any more.
I'd expect at this point all of the other holdings Charger etc were sold off first and the raise was the only option left.
I think the shareholder register on the website is updated twice a year so it may appear there or maybe the annual report
....so should we take from that, that you are of the opinion the providers of the Mezz loan have declined to allow a further drawdown (currently costing around £100k per month) that surely would have been preferable to the very heavily discounted raise, or there wasn't even time to draw on that it was SoOoOoo urgent .... that could be telling also !!!
I hope we do find out the who this single institutional investor is - otherwise I might begin to think something even more fishy's going on if it turns out it could potentially be a fund manager who's exempt from disclosing .....
He has 1,573,240 reasons to care though, I think it's obvious they ran out of money due to EMH decline and KDNC are obligated to continue to fund Dev until we can sell it or get a JV partner so it was the only option in a hurry, hence the massive discount, bad planning yes, on purpose? I doubt it. Many of us have been caught out by the decline across the board in junior miners. I'd expect he's pretty disappointed and frustrated by the situation.
Someone who Kiran met in the pub probably. I think Kiran no longer cares at all about the people who have given him his lifestyle - rather like the way Putin doesnt bat an eyelid over the hundres of thousands of people that have died for him !
Ask mr lithium he will no
Ask mr lithium
...the point is we don't know & we don't know .... so you're correct no one on this board knows (well unless EV Bull is Kian of course 😂) because we haven't been told ... so how else do you want or expect someone to respond to your post 😜
That is not the point the point been is for what reason do they get a large discount and what was the reason for the money no one hasa clue on this board
All the way to 3.75 soon.
Just remember that this sat above 5.75 on a few weeks ago, 11.6 last Jan 23, 09.95 May 23 and around the 28 mark back in 2021 .... so the trend here is? DOWN DOWN DOWN DOWN
.....couldn't help it .... hope our investee gets to exercise those warrants soon!!
Canny update but why still nothing on why we paid an another £1m for 1% of amapa and they recently raised £500k at a 50% discount shafting is shareholders! He needs to explain the rationale IMO
Submission of the Environmental Control Plan - "PCA" (Plano de Controle Ambiental) and an Environmental Control Report - "RCA" (Relatório de Controle Ambiental) submitted ahead of schedule for the Mine and Railway.
We knew this 6 days ago!! why so long to report..?
Reckon the answer to that might lay in one of the two exemptions below ....... !!
Market maker Exclude if holding less than 10%.
Investment/fund manager Certain managers can disclose holdings in UK issuers at higher initial thresholds of 5% and 10% (and every 1% thereafter).
“Forward looking statements “
Maybe they should have inserted 🤞🤞🤞in them. 🙄🙄
So nowt about who had our shares for peenuts