Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Yep, looking at cash burn a Placing seems inevitable before the end of summer. Probably at a heavy discount in today's market. As hoopy said can see this sliding to sub 0.15p short term until funding uncertainty is cleared up...
I can see a 1,000,000,000 share placing at 0.2c (Aus). That will still not beat Micks multi billion placings of the past.
This week maybe, but again very little obvious progress.
1) Utah/Colorado Aeromags/radiometrics survey results Uranium/Vanadium interpretation RNS 31/05/23 now due. Still awaiting drilling permits.
2) Alford East REEs in ionic clay? Gold/Copper
3) Envirocopper no news for over a year on push/pull lixiviant trials, OZ Minerals funding Gold/Copper
4) Molyhil relying on Investigator Resources Drilling to starts in August
5) Ragged Range Nothing to date, nothing on Nickel, nothing on Gold, nothing on Lithium or the other last grasp metallic elements they're hoping for.
All in all very disappointing, wait & see what they say this time.
Personally I will keep hoping the Uranium play turns good.
Looks like this is going to be at 0.15 at best.
Awful sector and has been for too long
Where is this going to end. This share gives me that sinking feeling. Too late to be out - so just resigned to whatever will be!
You can drill away till you turn the world into a lump of Swiss cheese, but sooner or later you need to return value to share holders, else what's the point!
IVR ASX announcement of Noosa presentation mentions drilling to start in August at Molyhil. https://investres.com.au/investors/asx-announcements/
Global Mining Review article vy Nicole
https://twitter.com/GallowayWarland/status/1681580660451065856?s=20
Just another example of why I dumped nearly all my AIM stocks a couple of years ago
Agree, this share is pants. I've held for years and it has only gone down and then down again and again..hopeless in my opinion. Bottom draw.
May be so, but out of all the stocks I own I feel this one's share price has performed the worst. That is all I care about
The $THR team had a positive meeting with the San Miguel County Planning Commission today. They voted in favour and moved to recommend to the San Miguel County Board of Commissioners to approve the Permit for Exploration Drilling. Another step forward for our US #Uranium projects
https://twitter.com/ThorEnergyPLC/status/1679750117425917952?s=20
A raise with a consolidation will finish off this rinse cycle nicely. Should buy them a few more years of their lifestyle.
They have been on an investor roadshow recently so expect a raise shortly.
No trades today and we're nearly 9% down with a 25% spread. That's called making a market apparently.
I think your answer might be in your question
Forgive me going over old ground but why do they think they can find Uranium in the USA when that area had been mined in the past?
Interviewer asks Nicole some really pertinent questions on funding/finance.
https://twitter.com/IGcom/status/1675074300720603137?s=20
Molyhil gets funding by NT Gov.
https://investres.com.au/investors/asx-announcements/
Https://twitter.com/ThorEnergyPLC/status/1671428003627253760?s=20
Https://twitter.com/Mr72Capital/status/1670494457479806979?s=20
Today we're 10% down on 5 trades, looks like the MMs have joined Nicole in having a laugh at our expense.
We desperately need a run of positive news and please, not about drilling more holes.
Why has this share gone up 11%? The bid price remains the same! Does anyone know, i would appreciate their knowledge.