Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Need progress report, even if no progress been made, taking so long,
$30 Million that is....
As mentioned already if they can't get debt funding then a low ball offer of $30 perhaps for the lot.
Exactly LL. Everyone is looking for copper right now and not only the Majors. The Saudi's acquired 51% of a Zambian mine complex for US$1.1B late last year and the Indonesian's are building the 'go to hub for battery metals' including copper. Right time, right place!
It's a binary play now. Sink or swim for this lot.
What gives you any confidence they’ll be able to raise $230m imminently, let alone at all?
Bag? You mean x10 bag more like it. However funding is not a given they could string it out I fear.
Sentiment is shot understandably, however once the financing is confirmed, which I am pretty sure imminent this will bag.
MCAP vs Asset Value ... insane. There are some big players looking at getting mining ready copper deposits. They will not ignore this . Beutong is not even being talked about anymore ... It still there and huge!!!
Let's see what next update brings, should be soon, so difficult get finance 4 these projects in too days environment, coppers range bound, high interest rates high inflation,
Yes total flop
Wonder if the shares will stay on aim
Yeah and how much lower will it drop. This is a s*** show.
Buying now. . 605 lowest iv seen
Markets pricing in not pull it off, markets not often wrong.
Dead duck.
I f they can pull off the funding this will 10 bag from these levels.
GLA
Darryn McClelland has continued buy shares, be cheap, suporting project good sign, still think days of 4p plus long gone will be diluted well b4 that level reached.
Just seen hzm another minor trying get finance and into production, inflation interest rates plus poor management destroyed share holder value, next rns hopefully this Q will give idea if any real progress been made.
What iv been saying, doid in no rush, there running show now, sure there happy wait till conditions improve
If they can’t raise the money at the present time because of the well known reasons - copper price not particularly favourable, interest rates high, concerns over Chinese/Global economy, Asiamet should cut their costs and hibernate for a year until the outlook improves, and avoid the need for a further fundraiser. A raise at this level will indeed be highly injurious. Priced to fail at present. Up to management to show us and the markets otherwise.
Crunch time for ARS simple as. The next placing to DOID will wipe out private retail investors and enable DOID take more of the company on the cheap. DOID are not far now from a 51% stake.
Lead Banks are in discussion, expect an update very soon.
Demand for copper not subsiding anytime soon regardless of China.
Given assets value the current SP is a steal.
Nearly 10 months in FS and still no lead bank or any real signed off progress, tells all and why share price is so low, as, say sure doid drag it out untill hopefully better times get these projects away, copper looks range bound, inflation possible may start ending down later in year. China biggest consumer copper economy in trouble.
Good c got well bought into
Exactly right that was my point high interest rates and lingering high inflation. it's not just Asiamet it's across the board.
Look solgold another one in trouble, not just asiamet, most r treading all time lows,