Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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TSX listed Victoria Goldfield companies share prices haven't been doing great lately.
Fosterville South (FSX) I believe IPO'd last year and went from around $1.00 to over $5.00. Now back down to around $1.30. https://money.tmx.com/en/quote/FSX
Leviathan gold (LVX) lPO'd last month and reached $0.99 on its first day but it's now around $0.45. https://money.tmx.com/en/quote/LVX
We should get all of the ones that are not contested shortly. The others are a bit more complicated. Geo Vic is obviously happy with RRAL as an applicant.
So, if I’ve got this right - you enter Red Rock in the search box (top right) and then return - you then get a map of the licences granted to RRAL which seem to surround the valuable Ballarat TenancY- if that’s right then the licences look very very substantial.
No wonder this asset is worth IPOing.
.
And up we go.
We should be moving up shortly.
Thanks Helpful for all your informative posts here. Much appreciated. Certainly finally RRR is moving in right direction. GLA.
Interesting to read the POW RNS alongside the RRR RNS. POW far more upbeat.
You can check to the license progress on the GeoVic website.
Looks like we should have formal confirmation on most of the others shortly.
The POW RNS says we should have the initial exploration results shortly.
Fingers crossed.
DYOR
Very good interview - glad POW are showing RRR the way forward regarding creating additional listing income via RRRAL - now we just need the remaining Australia licences issuing, a selection process as to which we keep and which we list and sell on/spin out for initial capital, warrants and ongoing royalties - must be any day now surely ??
Me and helpful are on the same page with most things and are positive about this company. We just disagree on one thing for now but I hope I’m the one that’s wrong, I really do.
https://twitter.com/StockBoxMedia/status/1371845744920002561?s=20
Well a few decent sized buys today. Could it be that someone thinks that they know something and the rest of us will know soonish?
We know each other.
Seriously Helpful and Longterm, just meet on a park bench somewhere and come to an agreed position. Together you can bend Mr Bell to your will.
Some here are clearly delusional if they think the leopard will change his spots.
Since RRR has not RNS'd it here is the body of the JMS/Juno RNS:
JUNO MINERALS IPO TO PROCEED
ON DELAYED TIMETABLE
Jupiter Mines Limited (“Jupiter”) (ASX: JMS) advises that the demerger and initial public offering
(“IPO”) of Juno Minerals Limited (“Juno”) is to be pursued, but on a delayed timetable.
A General Meeting of Jupiter Shareholders will be held by the end of April to re-approve the capital
reduction and demerger. The proposed ASX listing of Juno is expected to be completed in May.
A Notice of Meeting and Replacement Prospectus with full timetable will be lodged shortly.
The regulatory requirements of the Foreign Investment Review Board (“FIRB”) referred to in the ASX
announcement of 8 March 2021 are an obligation of applicable investors, and not of Jupiter or Juno.
Accordingly, it will be removed as a condition of the transaction and Jupiter will be able to effect the
in-specie distribution and capital reduction after shareholder approval. Details will be provided in the
Notice of General Meeting.
Jupiter’s CEO, Priyank Thapliyal commented, “so as to not lose time in implementing the Mount Mason
DSO Hematite Project, Juno management continues to progress the various work-streams during this
delay. These include expressions of interest for tenders on major operational and capital contracts to
fast-track the construction at Mount Mason to leverage the robust iron ore market”.
Jupiter would like to thank all its Shareholders and IPO applicants for their patience, and looks forward
to progressing Juno Minerals to deliver the delayed ASX listing and the Mount Mason Project.
For, and on behalf of the Board
Why should I prove you wrong?
You have got AB's number, you call him and discuss things with him. There is no point in you going on at me: 1. I don't respond to that behaviour and 2. I have a different view on the way forward.
If you want to get a syndicate together and bid for our stock, feel free. Once you have control you can do what you want. There is no point bidding us anywhere near the current price. You know how this works: 50% +1 and you call the shots.
Thanks
Good news means nothing. No one buying while Bell there. Prove me wrong. Why no upwards movement to ANY positive news. The Bell opens his mouth and the SP sells off
https://twitter.com/pauljohnson9691/status/1371380001967325184?s=19
More good news..
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20210315:nRSO1861Sa&default-theme=true
RRR has shares and warrants in POW. Will this be POW's first in specie distribution?
DYOR
Which will likely do nothing to the share price as usual - because no one wants to buy here whilst Bell wastes money ALWAYS. Useless CEO. It’s a pattern that you cannot deny. It doesn’t matter if RRR sells an asset for £10m - no one values it whilst Bell wastes money. 13 years and he’s delivered - NOTHING. Get the guy out and you see our true value. Would love to be proved wrong as I own a lot of shares here but he’s a joke
Good news on Juno.
Expediting the Mt Mason work programmes.
All good news for RRR.
DYOR
Unlike most on here you are financially astute and financially educated. If you read the RNSs and the accounts, it is quite clear where the money has gone. RRR had to make stage payments to Kansai for the Migori transaction.
I have said to you multiple times. We need evolution not revolution. The board was changed at the AGM and I expect it will change more in due course.
Now is not the time to cause unnecessary problems, if you feel differently that is fine.
We need the exploration programme in Mikei kicking off, we need the update on Luanshimba, we need news on the RRAL listing and confirmation that Juno is back on track. I expect we will get a result on Adidi Kanga and we are due a new license in DRC.
FYI re Juno
https://www.pinsentmasons.com/out-law/guides/australias-foreign-investment-regime#:~:text=Foreign%20investments%20in%20Australia%20are,Investment%20Review%20Board%20(FIRB).
I wouldn't be surprised to hear that ABP don't know their rear end from their elbow on this matter. I have had someone look at it and his view is that ABP do in fact not know their rear end from their elbow.
Lets see.
DYOR
To point out when I say "let's not forget". The loan facility could have easily been missed by shareholders because it was first mentioned when it was buried deep in the 2019 final results RNS. At that time it was a $1 million loan facility and $200,000 had been drawn down. Then you found out in the 2020 final results RNS that it was now a $2 million loan facility and $1.4 million had been drawn down.
Let's not forget Bell also set up a RRR subsidiary company called 'RRR coal ltd' and then through that subsidiary he used Red Rock's assets to get a $1 million loan facility then recently updated to a $2 million loan facility with YA and Riverfort.
If I recall correctly buried away in the December final results RNS it said Mr Bell had already drawn down $1.4 million. So I think it's pretty sure by now he's fully maxed out the $2 million. The final results RNS says that repayments will begin in June 2021 and the loan must be paid back over a 6 month period.